Nandeshwari Steel Limited

Produces SS hot rolled black and bright round bars for submersible water pumps and engineering goods.

2001 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 16, 2024

Nandeshwari Steel Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.99 Cr
  • Company Age 23 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 81.00 Cr
  • Satisfied Charges ₹ 28.39 Cr
  • Revenue Growth 3.54%
  • Profit Growth 10.05%
  • Ebitda -11.57%
  • Net Worth 11.66%
  • Total Assets 56.90%

About Nandeshwari Steel

Nandeshwari Steel Limited (NSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 November 2001 and has a history of 23 years and three months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Nandeshwari Steel Private Limited. The Company is engaged in the Machinery And Equipment 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 10.00 Cr and a paid-up capital of Rs 9.99 Cr.

The company currently has active open charges totaling ₹81.00 Cr. The company has closed loans amounting to ₹28.39 Cr, as per Ministry of Corporate Affairs (MCA) records.

Lalitbhai Patel, Mitesh Patel, and Dhavalkumar Patel serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27104GJ2001PLC040192

  • Company No.

    040192

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Nov 2001

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

Who are the key members and board of directors at Nandeshwari Steel?

Executive Team (1)

NameDesignationAppointment DateStatus
Mitesh Patel Country flag representing In Managing Director07-Aug-2021Current

Board Members (2)

NameDesignationAppointment DateStatus
Lalitbhai Patel Country flag representing In Director 28-Jan-2005Current
Dhavalkumar Patel Country flag representing In Director 19-Nov-2022Current

Financial Performance of Nandeshwari Steel.

Nandeshwari Steel Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.54% increase. The company also saw a substantial improvement in profitability, with a 10.05% increase in profit. The company's net worth Soared by an impressive increase of 11.66%.

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
3.54%
Revenue from Operations
3.41%
Total Assets
56.90%
Profit or Loss
10.05%
Net Worth
11.66%
EBITDA
-11.57%

What is the Ownership and Shareholding Structure of Nandeshwari Steel?

In 2022, Nandeshwari Steel 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

₹81.00 Cr

Satisfied Charges

₹28.39 Cr

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 48.00 Cr
  • Others : 33.00 Cr

Latest Charge Details

DateLenderAmountStatus
17 Aug 2022Others₹22.00 CrOpen
15 Mar 2022Others₹11.00 CrOpen
29 Oct 2007Bank Of Baroda₹24.00 CrOpen
29 Oct 2007Bank Of Baroda₹24.00 CrOpen
02 Sep 2020Axis Bank Limited₹3.29 CrSatisfied

How Many Employees Work at Nandeshwari Steel?

Nandeshwari Steel has a workforce of 118 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 Nandeshwari Steel, 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 Nandeshwari Steel'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 Nandeshwari Steel

Recent activity within the organization

  • Annual General Meeting

    Nandeshwari Steel Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 22.00 Cr registered on 17 Aug 2022 with Charge ID 100605182 was modified on 04 Apr 2024.

    04 Apr 2024

  • Balance Sheet

    Nandeshwari Steel Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 11.00 Cr registered on 15 Mar 2022 with Charge ID 100548713 was modified on 21 Oct 2023.

    21 Oct 2023

  • Director Appointment

    Dhavalkumar Jagdishbhai Patel was appointed as a Director was appointed as a Director on 19 Nov 2022 & has been associated with this company since 2 years 3 months .

    19 Nov 2022

  • Charges

    A charge with Others amounted to Rs. 22.00 Cr with Charge ID 100605182 was registered on 17 Aug 2022.

    17 Aug 2022

Frequently asked questions

  • Nandeshwari Steel Limited was incorporated on 13 Nov 2001.

  • The authorized share capital of Nandeshwari Steel Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.99 Cr.

  • Currently 3 directors are associated with Nandeshwari Steel Limited.

    • Lalitbhai Natverbhai Patel
    • Mitesh Ashwinbhai Patel
    • Dhavalkumar Jagdishbhai Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nandeshwari Steel Limited is 301 Chitrakut Flat Nr. Ats Office Dipika Soc. Dafnala, Shahibaug India, Ahmedabad, Gujarat, 380004.

  • The corporate identification number (CIN) of Nandeshwari Steel Limited is U27104GJ2001PLC040192 and the company number is 040192 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nandeshwari Steel Limited has risen by 3.54%.

  • As Per 2023 financial reports, 118 employees are currently employed by Nandeshwari Steel Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nandeshwari Steel Limited has experienced an upsurge of 11.66%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nandeshwari Steel Limited amount to ₹ 81.00 Cr.

  • The most recent Balance Sheet for Nandeshwari Steel Limited was filed with the ROC on 31 Mar 2024.

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