Nandina Iron And Steels Ltd

Manufactures and trades iron and steel casting and products since 1982.

1982 | Godavari, Andhra Pradesh (India) | Active
Last Updated: October 23, 2024

Nandina Iron And Steels Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 6.00 M
  • Company Age 42 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 11.61 Cr
  • Satisfied Charges ₹ 5.90 Cr
  • Revenue Growth -1.48%
  • Profit Growth 3.42%
  • Ebitda -7.44%
  • Net Worth 7.08%
  • Total Assets 19.25%

About Nandina Iron And Steels

Nandina Iron And Steels Ltd (NIASL) is a Public Limited Indian Non-Government Company incorporated in India on 17 July 1982 and has a history of 42 years and seven months. Its registered office is in Godavari, Andhra Pradesh, 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 6.00 M and a paid-up capital of Rs 6.00 M.

The company currently has active open charges totaling ₹11.61 Cr. The company has closed loans amounting to ₹5.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

Venkataratnam Kambhampati, Venkateswarlu Velicheti, Bhavana Kotapati, and One other member serve as directors at the Company.

Company Details

  • Location

    Godavari, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109AP1982PLC003573

  • Company No.

    003573

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Jul 1982

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Metals and Minerals

Who are the key members and board of directors at Nandina Iron And Steels?

Executive Team (1)

Name Designation Appointment Date Status
Taraka Nandina Country flag representing In Managing Director 20-Oct-2014 Current

Board Members (3)

Name Designation Appointment Date Status
Venkataratnam Kambhampati Country flag representing In Director 10-May-2022 Current
Venkateswarlu Velicheti Country flag representing In Director 10-Apr-2018 Current
Bhavana Kotapati Country flag representing In Director 10-Apr-2018 Current

Financial Performance of Nandina Iron And Steels.

Nandina Iron And Steels Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.48% decrease. The company also saw a slight improvement in profitability, with a 3.42% increase in profit. The company's net worth moved up by a moderate rise of 7.08%.

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
-1.48%
Revenue from Operations
-1.71%
Total Assets
19.25%
Profit or Loss
3.42%
Net Worth
7.08%
EBITDA
-7.44%

What is the Ownership and Shareholding Structure of Nandina Iron And Steels?

In 2023, Nandina Iron And Steels had a promoter holding of 91.66% and a public holding of 8.34%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹116.09 M

Satisfied Charges

₹59.00 M

Charges Breakdown by Lending Institutions

  • Syndicate Bank : 8.94 Cr
  • Canara Bank : 2.08 Cr
  • Andhra Pradesh State Financial Corporation : 0.32 Cr
  • Andhra Pradesh Industrial Development Corporation Ltd. : 0.27 Cr

Latest Charge Details

Date Lender Amount Status
14 Jul 2020 Canara Bank ₹2.08 Cr Open
29 Oct 2018 Syndicate Bank ₹7.00 Cr Open
14 Nov 2014 Syndicate Bank ₹1.94 Cr Open
22 Feb 1989 Andhra Pradesh State Financial Corporation ₹0.24 M Open
21 Jan 1984 Andhra Pradesh Industrial Development Corporation Ltd. ₹2.70 M Open

How Many Employees Work at Nandina Iron And Steels?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nandina Iron And Steels, 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 Nandina Iron And Steels'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 Nandina Iron And Steels

Recent activity within the organization

  • Annual General Meeting

    Nandina Iron And Steels Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Nandina Iron And Steels Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Director Appointment

    Venkataratnam Kambhampati was appointed as a Director was appointed as a Director on 10 May 2022 & has been associated with this company since 2 years 9 months .

    10 May 2022

  • Charges

    A charge with Canara Bank amounted to Rs. 20.75 M with Charge ID 100373239 was registered on 14 Jul 2020.

    14 Jul 2020

  • Charges

    A charge registered on 07 Jan 2017 via Charge ID 100078705 with Syndicate Bank was fully satisfied on 10 Jan 2019.

    10 Jan 2019

  • Charges

    A charge with Syndicate Bank amounted to Rs. 70.00 M with Charge ID 100222681 was registered on 29 Oct 2018.

    29 Oct 2018

Frequently asked questions

  • Nandina Iron And Steels Ltd was incorporated on 17 Jul 1982.

  • The authorized share capital of Nandina Iron And Steels Ltd is ₹ 6.00 M and paid-up capital is ₹ 6.00 M.

  • Currently 4 directors are associated with Nandina Iron And Steels Ltd.

    • Venkataratnam Kambhampati
    • Venkateswarlu Velicheti
    • Bhavana Kotapati
    • Taraka Venkata Subba Rao Nandina
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nandina Iron And Steels Ltd is 2-2180, Ram Nagarnidadavole West Godavari India, Andhra Pradesh, 534301.

  • The corporate identification number (CIN) of Nandina Iron And Steels Ltd is U27109AP1982PLC003573 and the company number is 003573 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nandina Iron And Steels Ltd has fallen by -1.48%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nandina Iron And Steels Ltd has experienced an upsurge of 7.08%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nandina Iron And Steels Ltd amount to ₹ 11.61 Cr.

  • The most recent Balance Sheet for Nandina Iron And Steels Ltd was filed with the ROC on 31 Mar 2023.

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