About India Steel Works Ltd 
India Steel Works Ltd
Micro Cap
Steel/Sponge Iron/Pig Iron
India Steel Works Ltd (formerly known Isibars Ltd), incorporated as Khanna & Roy Heavy Engineering in 1987 and was acquired by the present promoter H L Gupta took over the firm in 1990 and renamed it as Isibars in May 1991. The Company is engaged in manufacturing and trading of steel products like hot rolled, bars and rods, bright bars, etc. Later Isibar took over the steel division of Zenith comprising the steel melting and rolling unit at Khopoli, Maharashtra.
Company Coordinates 
Company Details
Zenith Compound, Khopoli Raigad Maharashtra : 410203
Registrar Details
Link Intime India Pvt Ltd, C-13 Pannalal Silk Compound, L B S Marg, Bhandup , Mumbai
Capital Structure 
Present Equity Capital
INR 32.11 Cr
Number of Shares
32.11 Cr
Face Value
INR 1.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
24-Aug-2013
32.11
32.11
87000000
1
Allotment of Equity Shares To Promoter & Others
24-Aug-2013
39.31
39.31
72000000
1
Allotment of Equity To Others
24-Aug-2013
39.81
39.81
5000000
1
Equity Alloted To Bank
24-Aug-2013
32.11
32.11
87000000
1
Allotment of Equity Shares To Promoter & Others
24-Aug-2013
39.31
39.31
72000000
1
Allotment of Equity To Others
24-Aug-2013
39.81
39.81
5000000
1
Equity Alloted To Bank
23-Jul-2010
23.13
23.13
27000000
1
Allotment of Equity To Others
23-Jul-2010
23.41
23.41
2810925
1
Allotment of Equity To Others
23-Jul-2010
23.13
23.13
27000000
1
Allotment of Equity To Others
23-Jul-2010
23.41
23.41
2810925
1
Allotment of Equity To Others
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Non Institution
Pledged Promoter Holdings
0.4234
Mutual Funds
Held by 3 Schemes (0.0%)
FIIs
Held by 5 FIIs (0.07%)
Promoter with highest holding
India Steel International (p) Ltd (11.46%)
Highest Public shareholder
Metal Industriail Pte Ltd (22.72%)
Individual Investors Holdings
19.56%
Management
Designation
Remuneration
Bimal Desai
Non-Exec. & Independent Dir.
60.0 k
Varun S Gupta
Managing Director
6.1 lacs
Dilip Maharana
Company Sec. & Compli. Officer
0
Bhavna B Devda
Independent Director
15.0 k
Sudhirkumar H Gupta
Chairman & Exec. Director
6.79 lacs
Santino Racco Morea
Independent Director
50.0 k
Saachi Madnani
Addtnl Independent Director
0
Harpreet Baweja
Independent Director
50.0 k
Santosh Pandharinath Bhosale
Independent Director
0
Shivanand Shesherao Bhalerao
Independent Director
0
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
No Data Available for Raw Material Segmentation
No Data Available
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Other Operating Income
0.55
0.10%
Other Operating Income
Other Operating Income
Revenue and Profits:
Net Sales:
(Quarterly Results - Dec 2024)
Net Profit:
-3 Cr
Steel/Sponge Iron/Pig Iron
INR 240 Cr (Micro Cap)
NA (Loss Making)
29
0.00%
2.00
-73.97%
6.19