Ores Ispat Private Limited

Manufactures sponge iron and steel since 2003, with registered office in Orissa.

2003 | Sundergarh, Odisha (India) | Active
Last Updated:

Ores Ispat Profile

Key Indicators

  • Authorised Capital ₹ 1.20 Cr
  • Paid Up Capital ₹ 1.16 Cr
  • Company Age 21 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.00 Cr
  • Satisfied Charges ₹ 4.23 Cr
  • Revenue Growth -0.08%
  • Profit Growth 115.33%
  • Ebitda 24.71%
  • Net Worth 0.74%
  • Total Assets -24.44%

About Ores Ispat

Ores Ispat Private Limited (OIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 November 2003 and has a history of 21 years and five months. Its registered office is in Sundergarh, Odisha, 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 1.20 Cr and a paid-up capital of Rs 1.16 Cr.

The company currently has active open charges totaling ₹3.00 Cr. The company has closed loans amounting to ₹4.23 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mahabir Agarwal and Subham Agarwal serve as directors at the Company.

Company Details

  • Location

    Sundergarh, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27102OR2003PTC007365

  • Company No.

    007365

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Nov 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Metals and Minerals
Company report

Ores Ispat Private Limited

Explore comprehensive data for Ores Ispat Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Mahabir Agarwal Country flag representing In Director 10-Oct-2019Current
Subham Agarwal Country flag representing In Director 30-Dec-2019Current

Financial Performance of Ores Ispat.

Ores Ispat Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.08% decrease. The company also saw a substantial improvement in profitability, with a 115.33% increase in profit. The company's net worth moved up by a moderate rise of 0.74%.

Ores Ispat revenue growth over time
Ores Ispat 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
-0.08%
Revenue from Operations
0.06%
Total Assets
-24.44%
Profit or Loss
115.33%
Net Worth
0.74%
EBITDA
24.71%

What is the Ownership and Shareholding Structure of Ores Ispat?

In 2023, Ores 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

₹3.00 Cr

Satisfied Charges

₹4.23 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 3.00 Cr

Latest Charge Details

DateLenderAmountStatus
21 Dec 2024Canara Bank₹3.00 CrOpen
14 Jun 2018Hdfc Bank Limited₹3.30 MSatisfied
16 Apr 2005Oriental Bank Of Commerce₹1.40 CrSatisfied
11 Oct 2004Industria Promotion And Investment Corporation Of Orissa Lt₹2.50 CrSatisfied

How Many Employees Work at Ores Ispat?

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

Employee growth trends for Ores Ispat Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Canara Bank amounted to Rs. 3.00 Cr with Charge ID 101026467 was registered on 21 Dec 2024.

  • Annual General Meeting

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

  • Charges

    A charge registered on 14 Jun 2018 via Charge ID 100221905 with Hdfc Bank Limited was fully satisfied on 19 Sep 2024.

  • Charges

    A charge registered on 11 Oct 2004 via Charge ID 90078422 with Industria Promotion And Investment Corporation Of Orissa Lt was fully satisfied on 13 Aug 2024.

  • Charges

    A charge registered on 16 Apr 2005 via Charge ID 90081386 with Oriental Bank Of Commerce was fully satisfied on 21 Jun 2024.

  • Balance Sheet

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

Frequently asked questions

  • What is the Incorporation or founding date of Ores Ispat Private Limited?

    Ores Ispat Private Limited was incorporated on 05 Nov 2003.

  • What is authorized share capital and paid-up capital of Ores Ispat Private Limited?

    The authorized share capital of Ores Ispat Private Limited is ₹ 1.20 Cr and paid-up capital is ₹ 1.16 Cr.

  • Who are the current board members & directors of Ores Ispat Private Limited?

    Currently 2 directors are associated with Ores Ispat Private Limited.

    • Mahabir Prasad Agarwal
    • Subham Agarwal

  • What is the registered address of Ores Ispat Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ores Ispat Private Limited is Qrs. No. O-4/16 India, Raurkela Industrial Township (, Orissa, 769004.

  • What is the corporate identification number (CIN) and company number of Ores Ispat Private Limited?

    The corporate identification number (CIN) of Ores Ispat Private Limited is U27102OR2003PTC007365 and the company number is 007365 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Ores Ispat Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ores Ispat Private Limited has fallen by -0.08%.

  • What change has been observed in the net worth of Ores Ispat Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ores Ispat Private Limited has experienced an upsurge of 0.74%.

  • What are the total open charges for Ores Ispat Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Ores Ispat Private Limited amount to ₹ 3.00 Cr.

  • When was the last Balance Sheet of Ores Ispat Private Limited filed with the ROC?

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

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