Navkar Steels Private Limited

Trading basic iron and steel products for construction, fabrication, and automobile industries.

2006 | Indore, Madhya Pradesh (India) | Active
Last Updated: July 31, 2024

Navkar Steels Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 18 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -93.99%
  • Profit Growth 165.34%
  • Ebitda 15.48%
  • Net Worth 93.57%
  • Total Assets -22.86%

About Navkar Steels

Navkar Steels Private Limited (NSPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 May 2006 and has a history of 18 years and nine months. Its registered office is in Indore, Madhya Pradesh, India.

The Corporate was formerly known as Nitu Steels Private Limited. 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 0.50 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Amit Lalwani and Ajit Jain serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51420MP2006PTC018646

  • Company No.

    018646

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 May 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Metals and Minerals

What products or services does Navkar Steels Private Limited offer?

Navkar Steels Private Limited offers a wide range of products and services, including Metal Sheets, Galvanized Sheet.

Who are the key members and board of directors at Navkar Steels?

Board Members (2)

Name Designation Appointment Date Status
Amit Lalwani Country flag representing In Director 01-Aug-2010 Current
Ajit Jain Country flag representing In Director 03-Feb-2020 Current

Financial Performance of Navkar Steels.

Navkar Steels Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 93.99% decrease. The company also saw a substantial improvement in profitability, with a 165.34% increase in profit. The company's net worth Soared by an impressive increase of 93.57%.

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
-93.99%
Revenue from Operations
Total Assets
-22.86%
Profit or Loss
165.34%
Net Worth
93.57%
EBITDA
15.48%

What is the Ownership and Shareholding Structure of Navkar Steels?

In 2023, Navkar Steels 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Navkar Steels?

Unlock and access historical data on people associated with Navkar 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 Navkar 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 Navkar 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 Navkar Steels

Recent activity within the organization

  • Annual General Meeting

    Navkar Steels Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Navkar Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.

    31 Mar 2023

  • Director Appointment

    Ajit Lalwani Jain was appointed as a Director was appointed as a Director on 03 Feb 2020 & has been associated with this company since 5 years .

    03 Feb 2020

  • Director Appointment

    Amit Lalwani was appointed as a Director was appointed as a Director on 01 Aug 2010 & has been associated with this company since 14 years 6 months .

    01 Aug 2010

  • Company Incorporation

    Navkar Steels Private Limited was registered on 03 May 2006 with Roc Gwalior & aged 18 years 9 months as per MCA records.

    03 May 2006

Frequently asked questions

  • Navkar Steels Private Limited was incorporated on 03 May 2006.

  • The authorized share capital of Navkar Steels Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Navkar Steels Private Limited.

    • Amit Lalwani
    • Ajit Lalwani Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Navkar Steels Private Limited is 205 New Loha Mandi, Indore, Madhya Pradesh, India, 452001.

  • The corporate identification number (CIN) of Navkar Steels Private Limited is U51420MP2006PTC018646 and the company number is 018646 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Navkar Steels Private Limited has fallen by -93.99%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Navkar Steels Private Limited has experienced an upsurge of 93.57%.

  • The most recent Balance Sheet for Navkar Steels Private Limited was filed with the ROC on 31 Mar 2023.

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