Narsimha Iron & Steel Private Limited

Produces 30,000 MTPA of sponge iron according to credit rating report.

2008 | Ramgarh, Jharkhand (India) | Active
Last Updated: July 18, 2024

Narsimha Iron & Steel Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.13 Cr
  • Company Age 16 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 47.36 Cr
  • Satisfied Charges ₹ 26.55 Cr
  • Revenue Growth 38.80%
  • Profit Growth 39.47%
  • Ebitda 27.62%
  • Net Worth 26.36%
  • Total Assets 13.36%

About Narsimha Iron & Steel

Narsimha Iron & Steel Private Limited (NISPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 July 2008 and has a history of 16 years and six months. Its registered office is in Ramgarh, Jharkhand, 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 4.00 Cr and a paid-up capital of Rs 3.13 Cr.

The company currently has active open charges totaling ₹47.36 Cr. The company has closed loans amounting to ₹26.55 Cr, as per Ministry of Corporate Affairs (MCA) records.

Keshav Agarwal and Abhishek Singhania serve as directors at the Company.

Company Details

  • Location

    Ramgarh, Jharkhand, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27103JH2008PTC013245

  • Company No.

    013245

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Jul 2008

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jharkhand

Industry

Metals and Minerals

Who are the key members and board of directors at Narsimha Iron & Steel?

Board Members (2)

NameDesignationAppointment DateStatus
Keshav Agarwal Country flag representing In Director 10-Dec-2013Current
Abhishek Singhania Country flag representing In Director 10-Dec-2013Current

Financial Performance of Narsimha Iron & Steel.

Narsimha Iron & Steel Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 38.8% increase. The company also saw a substantial improvement in profitability, with a 39.47% increase in profit. The company's net worth Soared by an impressive increase of 26.36%.

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
38.80%
Revenue from Operations
39.37%
Total Assets
13.36%
Profit or Loss
39.47%
Net Worth
26.36%
EBITDA
27.62%

What is the Ownership and Shareholding Structure of Narsimha Iron & Steel?

In 2022, Narsimha Iron & Steel had a promoter holding of 0.32% and a public holding of 99.68%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹47.36 Cr

Satisfied Charges

₹26.55 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 45.58 Cr
  • Others : 1.78 Cr

Latest Charge Details

DateLenderAmountStatus
30 Nov 2023Hdfc Bank Limited₹2.89 MOpen
26 Jul 2023Hdfc Bank Limited₹2.55 MOpen
16 Jun 2023Hdfc Bank Limited₹7.79 MOpen
08 Jun 2023Hdfc Bank Limited₹1.67 CrOpen
24 May 2023Hdfc Bank Limited₹5.62 MOpen

How Many Employees Work at Narsimha Iron & Steel?

Narsimha Iron & Steel has a workforce of 194 employees as of Mar 30, 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 Narsimha Iron & 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 Narsimha Iron & 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 Narsimha Iron & Steel

Recent activity within the organization

  • Charges

    A charge registered on 30 Oct 2020 via Charge ID 100385585 with Axis Bank Limited was fully satisfied on 13 Dec 2023.

    13 Dec 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 38.75 Cr registered on 07 Oct 2021 with Charge ID 100498745 was modified on 12 Dec 2023.

    12 Dec 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.29 Cr with Charge ID 100892290 was registered on 30 Nov 2023.

    30 Nov 2023

  • Annual General Meeting

    Narsimha Iron & Steel Private Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.26 Cr with Charge ID 100801478 was registered on 26 Jul 2023.

    26 Jul 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.78 Cr with Charge ID 100787322 was registered on 16 Jun 2023.

    16 Jun 2023

Frequently asked questions

  • Narsimha Iron & Steel Private Limited was incorporated on 23 Jul 2008.

  • The authorized share capital of Narsimha Iron & Steel Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.13 Cr.

  • Currently 2 directors are associated with Narsimha Iron & Steel Private Limited.

    • Keshav Agarwal
    • Abhishek Singhania
  • As per Ministry of Corporate Affairs (Mca), the registered address of Narsimha Iron & Steel Private Limited is Plot No. 473/286 Jaiswal Colony Thana Chowk Ramgarh Can, Tt, Jharkhand, India, 829122.

  • The corporate identification number (CIN) of Narsimha Iron & Steel Private Limited is U27103JH2008PTC013245 and the company number is 013245 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Narsimha Iron & Steel Private Limited has risen by 38.80%.

  • As Per 2023 financial reports, 194 employees are currently employed by Narsimha Iron & Steel Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Narsimha Iron & Steel Private Limited has experienced an upsurge of 26.36%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Narsimha Iron & Steel Private Limited amount to ₹ 47.36 Cr.

  • The most recent Balance Sheet for Narsimha Iron & Steel Private Limited was filed with the ROC on 31 Mar 2023.

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