Navkar Ispat Private Limited

Steel manufacturing and distribution company with various products like angel, round, patti and slates.

2011 | Ahmedabad, Gujarat (India) | Active
Last Updated: October 23, 2024

Navkar Ispat Profile

Key Indicators

  • Authorised Capital ₹ 4.30 Cr
  • Paid Up Capital ₹ 4.23 Cr
  • Company Age 13 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 28.80 Cr
  • Satisfied Charges ₹ 29.07 Cr
  • Revenue Growth 142.96%
  • Profit Growth 82.22%
  • Ebitda 19.52%
  • Net Worth 82.22%
  • Total Assets 35.42%

About Navkar Ispat

Navkar Ispat Private Limited (NIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 July 2011 and has a history of 13 years and seven months. Its registered office is in Ahmedabad, Gujarat, 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 2023. It's a company limited by shares with an authorized capital of Rs 4.30 Cr and a paid-up capital of Rs 4.23 Cr.

The company currently has active open charges totaling ₹28.80 Cr. The company has closed loans amounting to ₹29.07 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nirav Chaudhari, Jaimin Chaudhary, Naresh Chaudhari, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    navkarispat.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109GJ2011PTC066519

  • Company No.

    066519

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Jul 2011

  • 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 Navkar Ispat?

Board Members (4)

NameDesignationAppointment DateStatus
Nirav Chaudhari Country flag representing In Director 22-Jan-2013Current
Jaimin Chaudhary Country flag representing In Director 13-Aug-2012Current
Naresh Chaudhari Country flag representing In Director 13-Aug-2012Current
Neel Chaudhary Country flag representing In Director 22-Jan-2013Current

Financial Performance of Navkar Ispat.

Navkar Ispat Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 142.96% increase. The company also saw a substantial improvement in profitability, with a 82.22% increase in profit. The company's net worth Soared by an impressive increase of 82.22%.

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
142.96%
Revenue from Operations
147.62%
Total Assets
35.42%
Profit or Loss
82.22%
Net Worth
82.22%
EBITDA
19.52%

What is the Ownership and Shareholding Structure of Navkar Ispat?

In 2023, Navkar Ispat had a promoter holding of 21.75% and a public holding of 78.25%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹28.80 Cr

Satisfied Charges

₹29.07 Cr

Charges Breakdown by Lending Institutions

  • Others : 28.80 Cr

Latest Charge Details

DateLenderAmountStatus
01 May 2024Others₹14.40 CrOpen
28 Mar 2024Others₹14.40 CrOpen
06 Jun 2023Indian Bank₹2.82 CrSatisfied
29 Mar 2019Indian Bank₹11.70 CrSatisfied
27 Mar 2019Indian Bank₹9.60 CrSatisfied

How Many Employees Work at Navkar Ispat?

Navkar Ispat has a workforce of 1 employees as of Apr 08, 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 Navkar 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 Navkar 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 Navkar Ispat

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 14.40 Cr with Charge ID 100917021 was registered on 01 May 2024.

    01 May 2024

  • Charges

    A charge registered on 06 Jun 2023 via Charge ID 100766698 with Indian Bank was fully satisfied on 29 Mar 2024.

    29 Mar 2024

  • Charges

    A charge registered on 29 Mar 2019 via Charge ID 100260545 with Indian Bank was fully satisfied on 29 Mar 2024.

    29 Mar 2024

  • Charges

    A charge registered on 27 Mar 2019 via Charge ID 100260544 with Indian Bank was fully satisfied on 29 Mar 2024.

    29 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 14.40 Cr with Charge ID 100905794 was registered on 28 Mar 2024.

    28 Mar 2024

  • Annual General Meeting

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

    30 Sep 2023

Frequently asked questions

  • Navkar Ispat Private Limited was incorporated on 26 Jul 2011.

  • The authorized share capital of Navkar Ispat Private Limited is ₹ 4.30 Cr and paid-up capital is ₹ 4.23 Cr.

  • Currently 4 directors are associated with Navkar Ispat Private Limited.

    • Nirav Devendrabhai Chaudhari
    • Jaimin Devendrabhai Chaudhary
    • Naresh Jivanbhai Chaudhari
    • Neel Kamleshbhai Chaudhary
  • As per Ministry of Corporate Affairs (Mca), the registered address of Navkar Ispat Private Limited is Ff-2 Malak Complex B/H Old High Court Road, Navarangpura India, Ahmedabad, Gujarat, 380009.

  • The corporate identification number (CIN) of Navkar Ispat Private Limited is U27109GJ2011PTC066519 and the company number is 066519 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Navkar Ispat Private Limited is https://www.navkarispat.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Navkar Ispat Private Limited has risen by 142.96%.

  • As Per 2023 financial reports, 1 employees are currently employed by Navkar Ispat Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Navkar Ispat Private Limited has experienced an upsurge of 82.22%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Navkar Ispat Private Limited amount to ₹ 28.80 Cr.

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

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