Nezone Strips Limited

Manufacturer of precision tubes, pipes, scaffoldings, and other steel products with high production capacity.

1999 | Kolkata, West Bengal (India) | Active
Last Updated: July 17, 2024

Nezone Strips Profile

Key Indicators

  • Authorised Capital ₹ 8.50 Cr
  • Paid Up Capital ₹ 5.33 Cr
  • Company Age 25 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 67.00 Cr
  • Satisfied Charges ₹ 323.50 Cr
  • Revenue Growth 4.06%
  • Profit Growth -48.20%
  • Ebitda -30.53%
  • Net Worth -5.38%
  • Total Assets -12.45%

About Nezone Strips

Nezone Strips Limited (NSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 November 1999 and has a history of 25 years and two months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Manufacturing 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 8.50 Cr and a paid-up capital of Rs 5.33 Cr.

The company currently has active open charges totaling ₹67.00 Cr. The company has closed loans amounting to ₹323.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Nezone Strips Limited India is Raghu Jhunjhunwala as COMPANY SECRETARY. Pradip Agarwal, Manoj Beswal, Manish Agarwala, and Six other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    nezonegroup.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27104WB1999PLC096987

  • Company No.

    096987

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Nov 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Manufacturing

What products or services does Nezone Strips Limited offer?

Nezone Strips Limited offers a wide range of products and services, including Antennas, Wifi & Communication Tower, Telescopic Mast, Steel Pipes and Tubes, Hollow Sections, Steel & Stainless Steel Products, Steel and Stainless Steel Coils, MS Pipe, MS Black Pipe, Lighting Poles, Tubular Steel Pole.

Who are the key members and board of directors at Nezone Strips?

Executive Team (1)

NameDesignationAppointment DateStatus
Raghu Jhunjhunwala Company Secretary01-Dec-2011Current

Board Members (9)

NameDesignationAppointment DateStatus
Pradip Agarwal Country flag representing In Director 26-Nov-1999Current
Manoj Beswal Country flag representing In Whole-Time Director 01-May-2003Current
Manish Agarwala Country flag representing In Whole-Time Director 01-Mar-2005Current
Madan Beswal Country flag representing In Director 26-Nov-1999Current
Pawan Agarwal Country flag representing In Director 11-Mar-2015Current
Subhash Agarwala Country flag representing In Director 15-Mar-2000Current

Financial Performance of Nezone Strips.

Nezone Strips Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.06% increase. The company also saw a substantial fall in profitability, with a 48.2% decrease in profit. The company's net worth dipped by a decrease of 5.38%.

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
4.06%
Revenue from Operations
4.13%
Total Assets
-12.45%
Profit or Loss
-48.20%
Net Worth
-5.38%
EBITDA
-30.53%

What is the Ownership and Shareholding Structure of Nezone Strips?

In 2023, Nezone Strips had a promoter holding of 42.84% and a public holding of 57.16%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹67.00 Cr

Satisfied Charges

₹323.50 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 67.00 Cr

Latest Charge Details

DateLenderAmountStatus
09 Dec 2021Axis Bank Limited₹67.00 CrOpen
23 Jun 2020State Bank Of India₹61.00 CrSatisfied
05 Jun 2020Axis Bank Limited₹20.00 CrSatisfied
26 Oct 2009State Bank Of India₹10.60 CrSatisfied
02 Feb 2007West Bengal Industrial Development Corpn Ltd₹3.02 CrSatisfied

How Many Employees Work at Nezone Strips?

Nezone Strips has a workforce of 153 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 Nezone Strips, 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 Nezone Strips'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 Nezone Strips

Recent activity within the organization

  • Annual General Meeting

    Nezone Strips Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Nezone Strips Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 67.00 Cr registered on 09 Dec 2021 with Charge ID 100514209 was modified on 26 Apr 2022.

    26 Apr 2022

  • Charges

    A charge registered on 23 Jun 2020 via Charge ID 100347204 with State Bank Of India was fully satisfied on 10 Jan 2022.

    10 Jan 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 67.00 Cr with Charge ID 100514209 was registered on 09 Dec 2021.

    09 Dec 2021

  • Charges

    A charge registered on 05 Jun 2020 via Charge ID 100338986 with Axis Bank Limited was fully satisfied on 14 Sep 2020.

    14 Sep 2020

Frequently asked questions

  • Nezone Strips Limited was incorporated on 26 Nov 1999.

  • The authorized share capital of Nezone Strips Limited is ₹ 8.50 Cr and paid-up capital is ₹ 5.33 Cr.

  • Currently 10 directors are associated with Nezone Strips Limited.

    • Pradip Kumar Agarwal
    • Manoj Beswal
    • Manish Agarwala
    • Madan Lal Beswal
    • Pawan Kumar Agarwal
    • Subhash Chandra Agarwala
    • Sanwar Mal Agarwala
    • Anita Agarwala
    • Nimesh Harlalka
    • Raghu Jhunjhunwala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nezone Strips Limited is Nezone House 19 Jatin Das Road, Kolkata, West Bengal, India, 700029.

  • The corporate identification number (CIN) of Nezone Strips Limited is U27104WB1999PLC096987 and the company number is 096987 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nezone Strips Limited is https://www.nezonegroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nezone Strips Limited has risen by 4.06%.

  • As Per 2023 financial reports, 153 employees are currently employed by Nezone Strips Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nezone Strips Limited has experienced an downturn of -5.38%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nezone Strips Limited amount to ₹ 67.00 Cr.

  • The most recent Balance Sheet for Nezone Strips Limited was filed with the ROC on 31 Mar 2023.

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