Nif Ispat Limited

This company manufactures and exports various cast iron products to multiple countries.

1955 | Na, West Bengal (India) | Active
Last Updated:

Nif Ispat Profile

Key Indicators

  • Authorised Capital ₹ 3.10 Cr
  • Paid Up Capital ₹ 2.55 Cr
  • Company Age 69 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 128.83 Cr
  • Satisfied Charges ₹ 14.54 Cr
  • Revenue Growth 36.95%
  • Profit Growth 107.37%
  • Ebitda 75.75%
  • Net Worth 24.26%
  • Total Assets 1.67%

About Nif Ispat

Nif Ispat Limited (NIL) was founded in India on 22 November 1955 and has a glorious history of 69 years and three months. Its registered office is in Na, West Bengal, India.

The Corporate was formerly known as Nandikeshwari Iron Foundry Limited. 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 3.10 Cr and a paid-up capital of Rs 2.55 Cr.

The company currently has active open charges totaling ₹128.83 Cr. The company has closed loans amounting to ₹14.54 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pushpa Madhogaria, Girish Madhogaria, and Sugam Madhogaria serve as directors at the Company.

Company Details

  • Location

    Na, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27101WB1955PLC022765

  • Company No.

    022765

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Nov 1955

  • 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 Nif Ispat Limited offer?

Nif Ispat Limited offers a wide range of products and services, including Sewerage and Drainage Products, Manhole Covers.

Company report

Nif Ispat Limited

Explore comprehensive data for Nif Ispat Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Nif Ispat?

Executive Team (1)

NameDesignationAppointment DateStatus
Girish Madhogaria Country flag representing In Managing Director06-Sep-1985Current

Board Members (2)

NameDesignationAppointment DateStatus
Pushpa Madhogaria Country flag representing In Whole-Time Director 30-Aug-2006Current
Sugam Madhogaria Country flag representing In Whole-Time Director 16-Apr-2011Current

Financial Performance of Nif Ispat.

Nif Ispat Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.95% increase. The company also saw a substantial improvement in profitability, with a 107.37% increase in profit. The company's net worth Soared by an impressive increase of 24.26%.

Nif Ispat revenue growth over time
Nif Ispat 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
36.95%
Revenue from Operations
38.20%
Total Assets
1.67%
Profit or Loss
107.37%
Net Worth
24.26%
EBITDA
75.75%

What is the Ownership and Shareholding Structure of Nif Ispat?

In 2023, Nif Ispat had a promoter holding of 91.13% and a public holding of 8.86%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹128.83 Cr

Satisfied Charges

₹14.54 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 88.96 Cr
  • State Bank Of India : 39.17 Cr
  • Others : 0.70 Cr

Latest Charge Details

DateLenderAmountStatus
27 Apr 2023Others₹7.00 MOpen
18 Jan 2019Hdfc Bank Limited₹44.48 CrOpen
29 Dec 2018Hdfc Bank Limited₹44.48 CrOpen
02 Aug 2016State Bank Of India₹39.17 CrOpen
18 Jun 2004Ge Capital Tfs Limited₹0.60 MSatisfied

How Many Employees Work at Nif Ispat?

Nif Ispat has a workforce of 380 employees as of Apr 10, 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.

Employee growth trends for Nif Ispat Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nif Ispat, 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 Nif Ispat'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 Nif Ispat

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge with Others amounted to Rs. 0.70 Cr with Charge ID 100768010 was registered on 27 Apr 2023.

  • Balance Sheet

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

  • Charges

    A charge with State Bank Of India of Rs. 39.17 Cr registered on 02 Aug 2016 with Charge ID 100044031 was modified on 10 Mar 2023.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 44.48 Cr registered on 18 Jan 2019 with Charge ID 100231989 was modified on 12 Oct 2022.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 44.48 Cr registered on 29 Dec 2018 with Charge ID 100232165 was modified on 12 Oct 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Nif Ispat Limited?

    Nif Ispat Limited was incorporated on 22 Nov 1955.

  • What is authorized share capital and paid-up capital of Nif Ispat Limited?

    The authorized share capital of Nif Ispat Limited is ₹ 3.10 Cr and paid-up capital is ₹ 2.55 Cr.

  • Who are the current board members & directors of Nif Ispat Limited?

    Currently 3 directors are associated with Nif Ispat Limited.

    • Pushpa Madhogaria
    • Girish Kumar Madhogaria
    • Sugam Madhogaria
  • What is the registered address of Nif Ispat Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Nif Ispat Limited is 10 'K' Road Belgachia Howrah, Na, West Bengal, India, 711105.

  • What is the corporate identification number (CIN) and company number of Nif Ispat Limited?

    The corporate identification number (CIN) of Nif Ispat Limited is U27101WB1955PLC022765 and the company number is 022765 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Nif Ispat Limited?

    The Official website of Nif Ispat Limited is https://www.nifl.com

  • What has been the recent revenue trend for Nif Ispat Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Nif Ispat Limited has risen by 36.95%.

  • How many employees does Nif Ispat Limited currently have?

    As Per 2023 financial reports, 380 employees are currently employed by Nif Ispat Limited.

  • What change has been observed in the net worth of Nif Ispat Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Nif Ispat Limited has experienced an upsurge of 24.26%.

  • What are the total open charges for Nif Ispat Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Nif Ispat Limited amount to ₹ 128.83 Cr.

  • When was the last Balance Sheet of Nif Ispat Limited filed with the ROC?

    The most recent Balance Sheet for Nif Ispat Limited was filed with the ROC on 31 Mar 2023.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed