Company Intelligence Profile
Jsw Ispat Special Products Limited
JSW Ispat Special Products Limited (formerly Monnet Ispat & Energy) was a listed manufacturer of sponge iron, steel and ferro alloys that has been amalgamated into JSW Steel Limited.
Last updated 4 August 2026
JSW Ispat Special Products Limited, formerly Monnet Ispat & Energy, was a manufacturer of sponge iron, steel, and ferro alloys, now amalgamated into JSW Steel Limited. Before the merger, the company reported a revenue of Rs 5,173.12 Cr in FY2023 with a net loss of Rs 397.76 Cr.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | Jsw Ispat Special Products Limited |
|---|---|
| CIN | L02710MH1990PLC363582 |
| PAN | AAACM0501D |
| Status | Amalgamated (merged into JSW Steel Limited; delisted 28 Mar 2024) |
| Listing | Formerly listed (BSE: 513446, NSE: JSWISPL) — now delisted following amalgamation |
| Incorporated | 01 February 1990 |
| ROC | RoC-Mumbai (Maharashtra) |
| Sector (NIC) |
|
| Registered address | JSW Centre, Bandra Kurla Complex (East), Mumbai, Maharashtra 400051 |
| Authorized capital | Rs 1,550 Cr |
| Paid-up capital | Rs 995.53 Cr |
Source: MCA registry via tofler.in, falconebiz.com, thecompanycheck.com
Business Overview
- Manufactured and marketed sponge iron, steel and ferro alloys in India and internationally, with associated coal washing and mining operations
- Formerly known as Monnet Ispat & Energy Limited; acquired by JSW Steel/AION consortium under IBC and renamed JSW Ispat Special Products Limited
- Reported ~889 employees before merger
Source: tofler.in, thecompanycheck.com, company disclosures & trade press
Directors & KMP
Paresh Shah (Whole-Time Director); Anuradha Ambar Bajpai (Director); Jyotin Kantilal Mehta (Director); Krishna Deshika (Director); Nikhil Omprakash Gahrotra (Director); Naresh Kumar Hashmat Rai Lalwani (Director); Aditya Gupta (Director) — DINs not obtained (falconebiz page not reached)
Source: MCA / DIN records via tofler.in, falconebiz.com
GST Registrations
| GSTIN | State | PAN | Status |
|---|---|---|---|
| 22AAACM0501D1ZK | Chhattisgarh | AAACM0501D | - |
Primary GSTIN: 22AAACM0501D1ZK (Chhattisgarh); PAN: AAACM0501D; Registrations existed (ex-Monnet Ispat); entity amalgamated into JSW Steel — verify current status
Source: knowyourgst.com, mastersindia.co, findgst.in (GSTIN self-verifying via embedded PAN)
Financials
- FY2023 (last reported before merger): Revenue Rs 5,173.12 Cr (down 14.64% YoY)
- Net Profit -Rs 397.76 Cr (loss)
- Net Worth Rs 992.36 Cr
- Total Assets Rs 5,739.5 Cr. FY2022: Net Worth Rs 397.5 Cr, Total Assets Rs 5,184.4 Cr, total borrowings Rs 2,671.8 Cr
Source: BSE/NSE filings & annual report; tofler.in, thecompanycheck.com
Loans & Charges
- Open charges: none
- Satisfied charges: ~Rs 21,269 Cr cumulative
- FY2022 total borrowings Rs 2,671.8 Cr (long-term Rs 2,239.9 Cr, short-term Rs 431.9 Cr) per Tofler
Source: MCA charge index via tofler.in, falconebiz.com
Legal & Litigation
- Company emerged from a Corporate Insolvency Resolution Process (as Monnet Ispat & Energy) under IBC, resolved by the JSW-AION consortium
- Amalgamation into JSW Steel sanctioned by NCLT Mumbai Bench
- No separate ongoing litigation obtained
Source: indiankanoon.org; trade press
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