Minar Ispat Private Limited

Manufacturer and supplier of steel products including ingots, rods, and TMT bars.

2005 | Kozhikode, Kerala (India) | Active
Last Updated: November 16, 2024

Minar Ispat Profile

Key Indicators

  • Authorised Capital ₹ 13.00 Cr
  • Paid Up Capital ₹ 11.15 Cr
  • Company Age 19 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 44.33 Cr
  • Satisfied Charges ₹ 74.58 Cr
  • Revenue Growth 12.74%
  • Profit Growth 14.09%
  • Ebitda 3.13%
  • Net Worth 3.24%
  • Total Assets -5.62%

About Minar Ispat

Minar Ispat Private Limited (MIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 October 2005 and has a history of 19 years and three months. Its registered office is in Kozhikode, Kerala, India.

The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 13.00 Cr and a paid-up capital of Rs 11.15 Cr.

The company currently has active open charges totaling ₹44.33 Cr. The company has closed loans amounting to ₹74.58 Cr, as per Ministry of Corporate Affairs (MCA) records.

Abdul Khader, Mohammed Shafi, Abdul Moorkath, and Eight other members serve as directors at the Company.

Company Details

  • Location

    Kozhikode, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27109KL2005PTC018715

  • Company No.

    018715

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Oct 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Metals and Minerals

Who are the key members and board of directors at Minar Ispat?

Executive Team (1)

Name Designation Appointment Date Status
Mohammed Shafi Country flag representing In Managing Director 17-Oct-2005 Current

Board Members (10)

Name Designation Appointment Date Status
Abdul Khader Country flag representing In Director 01-Aug-2008 Current
Abdul Moorkath Country flag representing In Director 01-Aug-2008 Current
Alavi Parambath Country flag representing In Director 17-Oct-2005 Current
Korakuzhiyilhussain Country flag representing In Director 01-Aug-2008 Current
Mohammed Valappil Country flag representing In Director 01-Aug-2008 Current
Hussain Muhammed Country flag representing In Director 01-Aug-2008 Current

Financial Performance of Minar Ispat.

Minar Ispat Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.74% increase. The company also saw a substantial improvement in profitability, with a 14.09% increase in profit. The company's net worth moved up by a moderate rise of 3.24%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
12.74%
Revenue from Operations
12.68%
Total Assets
-5.62%
Profit or Loss
14.09%
Net Worth
3.24%
EBITDA
3.13%

What is the Ownership and Shareholding Structure of Minar Ispat?

In 2022, Minar Ispat had a promoter holding of 35.54% and a public holding of 64.47%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹44.33 Cr

Satisfied Charges

₹74.58 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 22.00 Cr
  • Hdfc Bank Limited : 21.89 Cr
  • Others : 0.44 Cr

Latest Charge Details

Date Lender Amount Status
16 May 2024 Others ₹1.46 M Open
16 May 2024 Others ₹1.46 M Open
16 May 2024 Others ₹1.46 M Open
27 Oct 2023 State Bank Of India ₹22.00 Cr Open
20 Apr 2022 Hdfc Bank Limited ₹0.61 M Open

How Many Employees Work at Minar Ispat?

Minar Ispat has a workforce of 75 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Minar Ispat, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Minar Ispat's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Minar Ispat

Recent activity within the organization

  • Annual General Meeting

    Minar Ispat Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge registered on 20 Apr 2022 via Charge ID 100568600 with Hdfc Bank Limited was fully satisfied on 08 Jul 2024.

    08 Jul 2024

  • Charges

    A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100930535 was registered on 16 May 2024.

    16 May 2024

  • Charges

    A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100930536 was registered on 16 May 2024.

    16 May 2024

  • Charges

    A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100930550 was registered on 16 May 2024.

    16 May 2024

  • Balance Sheet

    Minar Ispat Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

    31 Mar 2024

Frequently asked questions

  • Minar Ispat Private Limited was incorporated on 17 Oct 2005.

  • The authorized share capital of Minar Ispat Private Limited is ₹ 13.00 Cr and paid-up capital is ₹ 11.15 Cr.

  • Currently 11 directors are associated with Minar Ispat Private Limited.

    • Abdul Khader
    • Mohammed Shafi
    • Abdul Kareem Moorkath
    • Alavi Karu Parambath
    • Korakuzhiyilhussain
    • Mohammed Kutty Valiya Valappil
    • Hussain Peringhatt Muhammed
    • Thekke Madantavida Abdullathif
    • Mohammed Shafeeq Anappuram
    • Meeran Abdul Majeed
    • Abdunnisar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Minar Ispat Private Limited is Door No. 13/180, Anakuzhikkara Kuttikkattoor .P .O India, Kozhikode, Kerala, 673008.

  • The corporate identification number (CIN) of Minar Ispat Private Limited is U27109KL2005PTC018715 and the company number is 018715 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Minar Ispat Private Limited is https://www.minargroup.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Minar Ispat Private Limited has risen by 12.74%.

  • As Per 2023 financial reports, 75 employees are currently employed by Minar Ispat Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Minar Ispat Private Limited has experienced an upsurge of 3.24%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Minar Ispat Private Limited amount to ₹ 44.33 Cr.

  • The most recent Balance Sheet for Minar Ispat Private Limited was filed with the ROC on 31 Mar 2024.

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