Navkaar Ispat Limited

Supplier and trader of steel products, including angel, round steel, patti, and slates.

1992 | Kachchh, Gujarat (India) | Active
Last Updated: October 23, 2024

Navkaar Ispat Profile

Key Indicators

  • Authorised Capital ₹ 17.26 Cr
  • Paid Up Capital ₹ 16.84 Cr
  • Company Age 32 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 108.25 Cr
  • Revenue Growth -6.23%
  • Profit Growth 830.74%
  • Ebitda 788.64%
  • Net Worth 249.15%
  • Total Assets 41.51%

About Navkaar Ispat

Navkaar Ispat Limited (NIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 October 1992 and has a history of 32 years and three months. Its registered office is in Kachchh, Gujarat, India.

The Corporate was formerly known as Agni Alloys Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 17.26 Cr and a paid-up capital of Rs 16.84 Cr.

The company has closed loans amounting to ₹108.25 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Navkaar Ispat Limited India are Kharwar Dhari as CFO and Yatinkumar Dhingra as Company Secretary. Jayant Popatlal, Keyur Shah, Hirenbhai Shah, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kachchh, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U36998GJ1992PLC018503

  • Company No.

    018503

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Oct 1992

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

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

Executive Team (3)

Name Designation Appointment Date Status
Kharwar Dhari Country flag representing In CFO 01-Apr-2019 Current
Hirenbhai Shah Country flag representing In Managing Director 02-May-2015 Current
Yatinkumar Dhingra Country flag representing In Company Secretary 15-Apr-2019 Current

Board Members (4)

Name Designation Appointment Date Status
Jayant Popatlal Country flag representing In Director 14-Mar-2016 Current
Keyur Shah Country flag representing In Director 31-May-2022 Current
Dharmendra Vinaychand Country flag representing In Director 15-Feb-2022 Current
Rahul Singh Country flag representing In Additional Director 11-Sep-2024 Current

Financial Performance of Navkaar Ispat.

Navkaar Ispat Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.23% decrease. The company also saw a substantial improvement in profitability, with a 830.74% increase in profit. The company's net worth Soared by an impressive increase of 249.15%.

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
-6.23%
Revenue from Operations
-6.23%
Total Assets
41.51%
Profit or Loss
830.74%
Net Worth
249.15%
EBITDA
788.64%

What is the Ownership and Shareholding Structure of Navkaar Ispat?

In 2023, Navkaar Ispat had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹108.25 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 90.26 Cr
  • Punjab National Bank : 17.99 Cr

Latest Charge Details

Date Lender Amount Status
28 Sep 2007 Punjab National Bank ₹17.99 Cr Satisfied
11 Aug 2007 Canara Bank ₹1.20 Cr Satisfied
04 Aug 2006 Canara Bank ₹2.50 Cr Satisfied
19 Nov 2005 Canara Bank ₹43.28 Cr Satisfied
19 Nov 2005 Canara Bank ₹43.28 Cr Satisfied

How Many Employees Work at Navkaar Ispat?

Unlock and access historical data on people associated with Navkaar Ispat, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Navkaar 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 Navkaar 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 Navkaar Ispat

Recent activity within the organization

  • Director Appointment

    Rahul Kumar Singh was appointed as a Additional Director was appointed as a Additional Director on 11 Sep 2024 & has been associated with this company since 4 months 22 days .

    11 Sep 2024

  • Annual General Meeting

    Navkaar Ispat Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Navkaar Ispat Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Keyur Hiteshkumar Shah was appointed as a Director was appointed as a Director on 31 May 2022 & has been associated with this company since 2 years 8 months .

    31 May 2022

  • Director Appointment

    Kharwar Jitendraprasad Dhari was appointed as a Cfo was appointed as a Cfo on 01 Apr 2019 & has been associated with this company since 5 years 10 months .

    01 Apr 2019

  • Charges

    A charge registered on 28 Sep 2007 via Charge ID 10087052 with Punjab National Bank was fully satisfied on 22 Mar 2016.

    22 Mar 2016

Frequently asked questions

  • Navkaar Ispat Limited was incorporated on 30 Oct 1992.

  • The authorized share capital of Navkaar Ispat Limited is ₹ 17.26 Cr and paid-up capital is ₹ 16.84 Cr.

  • Currently 7 directors are associated with Navkaar Ispat Limited.

    • Kharwar Jitendraprasad Dhari
    • Jayant Shah Popatlal
    • Keyur Hiteshkumar Shah
    • Hirenbhai Shah
    • Dharmendra Shah Vinaychand
    • Yatinkumar Rameshkumar Dhingra
    • Rahul Kumar Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Navkaar Ispat Limited is Survey No.430/431, Village Morghar Taluka : Bhachau India, Kutch, Gujarat, 370020.

  • The corporate identification number (CIN) of Navkaar Ispat Limited is U36998GJ1992PLC018503 and the company number is 018503 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Navkaar Ispat Limited has fallen by -6.23%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Navkaar Ispat Limited has experienced an upsurge of 249.15%.

  • The most recent Balance Sheet for Navkaar Ispat Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Steel Manufacturing & Processing