Niros Ispat Private Limited

Manufacturer of sponge iron, steel ingots, and related products with a focus on sustainability.

2001 | Cg, Chattisgarh (India) | Active
Last Updated:

Niros Ispat Profile

Key Indicators

  • Authorised Capital ₹ 58.00 Cr
  • Paid Up Capital ₹ 46.22 Cr
  • Company Age 23 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 174.36 Cr
  • Satisfied Charges ₹ 117.40 Cr
  • Revenue Growth 13.78%
  • Profit Growth 92.70%
  • Ebitda -2.46%
  • Net Worth 14.83%
  • Total Assets 1.33%

About Niros Ispat

Niros Ispat Private Limited (NIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 October 2001 and has a history of 23 years and five months. Its registered office is in Cg, Chattisgarh, India.

The Company is engaged in the Environment 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 58.00 Cr and a paid-up capital of Rs 46.22 Cr.

The company currently has active open charges totaling ₹174.36 Cr. The company has closed loans amounting to ₹117.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Niros Ispat Private Limited India are Shraddha Jain as COMPANY SECRETARY and Akash Agrawal as Ceo. Sidheswar Agrawalla, Anil Agrawal, and Ashish Goyal serve as directors at the Company.

Company Details

  • Location

    Cg, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bluelinesindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27103CT2001PTC014833

  • Company No.

    014833

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Oct 2001

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Environment
Metals and Minerals

What products or services does Niros Ispat Private Limited offer?

Niros Ispat Private Limited offers a wide range of products and services, including Power Plants & Spare Parts, Steel & Stainless Steel Products, Steel Strips, Steel Pipes and Tubes, MS Pipe, ERW Pipes, Minerals and Ores, Iron Ore, Steel Products, MS Ingots.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Shraddha Jain Company Secretary01-Feb-2024Current
Akash Agrawal CEO30-Oct-2023Current

Board Members (3)

NameDesignationAppointment DateStatus
Sidheswar Agrawalla Country flag representing In Director 24-Nov-2009Current
Anil Agrawal Country flag representing In Director 24-Nov-2009Current
Ashish Goyal Country flag representing In Director 24-Nov-2009Current

Financial Performance of Niros Ispat.

Niros Ispat Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.78% increase. The company also saw a substantial improvement in profitability, with a 92.7% increase in profit. The company's net worth Soared by an impressive increase of 14.83%.

Niros Ispat revenue growth over time
Niros 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
13.78%
Revenue from Operations
13.82%
Total Assets
1.33%
Profit or Loss
92.70%
Net Worth
14.83%
EBITDA
-2.46%

What is the Ownership and Shareholding Structure of Niros Ispat?

In 2023, Niros Ispat had a promoter holding of 0.94% and a public holding of 99.06%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹174.36 Cr

Satisfied Charges

₹117.40 Cr

Charges Breakdown by Lending Institutions

  • Others : 152.06 Cr
  • Hdfc Bank Limited : 21.96 Cr
  • Axis Bank Limited : 0.35 Cr

Latest Charge Details

DateLenderAmountStatus
16 Nov 2023Others₹7.00 CrOpen
31 May 2023Hdfc Bank Limited₹7.21 MOpen
14 Mar 2023Hdfc Bank Limited₹7.21 MOpen
12 Aug 2022Hdfc Bank Limited₹1.98 MOpen
13 Jul 2022Hdfc Bank Limited₹3.50 MOpen

How Many Employees Work at Niros Ispat?

Unlock and access historical data on people associated with Niros Ispat, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Niros Ispat Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Niros 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 Niros 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 Niros Ispat

Recent activity within the organization

  • Charges

    A charge registered on 08 Apr 2021 via Charge ID 100458476 with Hdfc Bank Limited was fully satisfied on 05 Apr 2024.

  • Charges

    A charge registered on 25 Mar 2021 via Charge ID 100458477 with Hdfc Bank Limited was fully satisfied on 05 Apr 2024.

  • Charges

    A charge registered on 20 Sep 2019 via Charge ID 100305138 with Hdfc Bank Limited was fully satisfied on 05 Apr 2024.

  • Charges

    A charge registered on 17 Nov 2020 via Charge ID 100391912 with Hdfc Bank Limited was fully satisfied on 02 Mar 2024.

  • Director Appointment

    Shraddha Jain was appointed as a Company Secretary was appointed as a Company Secretary on 01 Feb 2024 & has been associated with this company since 1 year 1 month .

  • Charges

    A charge registered on 13 Jan 2022 via Charge ID 100534307 with Others was fully satisfied on 28 Dec 2023.

Frequently asked questions

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

    Niros Ispat Private Limited was incorporated on 01 Oct 2001.

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

    The authorized share capital of Niros Ispat Private Limited is ₹ 58.00 Cr and paid-up capital is ₹ 46.22 Cr.

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

    Currently 5 directors are associated with Niros Ispat Private Limited.

    • Sidheswar Agrawalla
    • Anil Kumar Agrawal
    • Ashish Goyal
    • Shraddha Jain
    • Akash Kumar Agrawal

  • What is the registered address of Niros Ispat Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Niros Ispat Private Limited is 14-AHeavy Industrial Areahath Khoj BhilaiDurg Distt-Durg, Cg, Chattisgarh, India.

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

    The corporate identification number (CIN) of Niros Ispat Private Limited is U27103CT2001PTC014833 and the company number is 014833 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Niros Ispat Private Limited?

    The Official website of Niros Ispat Private Limited is https://www.bluelinesindia.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Niros Ispat Private Limited has risen by 13.78%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Niros Ispat Private Limited has experienced an upsurge of 14.83%.

  • What are the total open charges for Niros Ispat Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Niros Ispat Private Limited amount to ₹ 174.36 Cr.

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

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

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