Niagara Metals India Limited

Manufacturer of heavy steel fabrications and pre-engineered steel buildings, also offers turnkey solutions for infrastructure development.

2004 | Ludhiana, Punjab (India) | Active
Last Updated: December 03, 2024

Niagara Metals India Profile

Key Indicators

  • Authorised Capital ₹ 9.00 Cr
  • Paid Up Capital ₹ 8.38 Cr
  • Company Age 20 Year, 1 Month
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 29.41 Cr
  • Satisfied Charges ₹ 3.20 M
  • Revenue Growth -23.12%
  • Profit Growth -59.48%
  • Ebitda -9.47%
  • Net Worth 1.25%
  • Total Assets -9.19%

About Niagara Metals India

Niagara Metals India Limited (NMIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 December 2004 and has a history of 20 years and one month. Its registered office is in Ludhiana, Punjab, India.

The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 9.00 Cr and a paid-up capital of Rs 8.38 Cr.

The company currently has active open charges totaling ₹29.41 Cr. The company has closed loans amounting to ₹3.20 M, as per Ministry of Corporate Affairs (MCA) records.

Satish Mahajan, Vinod Soni, and Vikram Soni serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U27100PB2004PLC027755

  • Company No.

    027755

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Dec 2004

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Automotive
Manufacturing
Transport and Logistics

Who are the key members and board of directors at Niagara Metals India?

Executive Team (1)

Name Designation Appointment Date Status
Vikram Soni Country flag representing In Managing Director 28-Jul-2005 Current

Board Members (2)

Name Designation Appointment Date Status
Satish Mahajan Country flag representing In Director 12-Sep-2021 Current
Vinod Soni Country flag representing In Director 28-Jul-2005 Current

Financial Performance of Niagara Metals India.

Niagara Metals India Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 23.12% decrease. The company also saw a substantial fall in profitability, with a 59.48% decrease in profit. The company's net worth moved up by a moderate rise of 1.25%.

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
-23.12%
Revenue from Operations
-23.63%
Total Assets
-9.19%
Profit or Loss
-59.48%
Net Worth
1.25%
EBITDA
-9.47%

What is the Ownership and Shareholding Structure of Niagara Metals India?

In 2019, Niagara Metals India 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

₹29.41 Cr

Satisfied Charges

₹0.32 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 20.41 Cr
  • State Bank Of India : 9.00 Cr

Latest Charge Details

Date Lender Amount Status
30 Aug 2005 State Bank Of India ₹9.00 Cr Open
30 Aug 2005 State Bank Of India ₹20.41 Cr Open
03 Nov 2017 Others ₹3.20 M Satisfied

How Many Employees Work at Niagara Metals India?

Niagara Metals India has a workforce of 18 employees as of Apr 07, 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 Niagara Metals India, 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 Niagara Metals India'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 Niagara Metals India

Recent activity within the organization

  • Director Appointment

    Satish Mahajan was appointed as a Director was appointed as a Director on 12 Sep 2021 & has been associated with this company since 3 years 4 months .

    12 Sep 2021

  • Charges

    A charge registered on 03 Nov 2017 via Charge ID 100133909 with Others was fully satisfied on 07 Jun 2021.

    07 Jun 2021

  • Annual General Meeting

    Niagara Metals India Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Niagara Metals India Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chandigarh.

    31 Mar 2019

  • Charges

    A charge with Others amounted to Rs. 0.32 Cr with Charge ID 100133909 was registered on 03 Nov 2017.

    03 Nov 2017

  • Charges

    A charge with State Bank Of India of Rs. 20.41 Cr registered on 30 Aug 2005 with Charge ID 90312321 was modified on 26 Aug 2010.

    26 Aug 2010

Frequently asked questions

  • Niagara Metals India Limited was incorporated on 20 Dec 2004.

  • The authorized share capital of Niagara Metals India Limited is ₹ 9.00 Cr and paid-up capital is ₹ 8.38 Cr.

  • Currently 3 directors are associated with Niagara Metals India Limited.

    • Satish Mahajan
    • Vinod Kumar Soni
    • Vikram Soni
  • As per Ministry of Corporate Affairs (Mca), the registered address of Niagara Metals India Limited is Village Laton Dana, Near Katani Kalan Chandigarh Road India, Ludhiana, Punjab, 141113.

  • The corporate identification number (CIN) of Niagara Metals India Limited is U27100PB2004PLC027755 and the company number is 027755 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Niagara Metals India Limited is https://www.niagarametalsindialimited.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Niagara Metals India Limited has fallen by -23.12%.

  • As Per 2019 financial reports, 18 employees are currently employed by Niagara Metals India Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Niagara Metals India Limited has experienced an upsurge of 1.25%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Niagara Metals India Limited amount to ₹ 29.41 Cr.

  • The most recent Balance Sheet for Niagara Metals India Limited was filed with the ROC on 31 Mar 2019.

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