North Eastern Steel Pvt Ltd

Manufactures and sells TMT bars and various types of ferrous and non-ferrous metals and alloys.

1984 | Guwahati, Assam (India) | Active
Last Updated: July 26, 2024

North Eastern Steel Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.85 Cr
  • Company Age 40 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 53.44 Cr
  • Satisfied Charges ₹ 3.79 Cr
  • Revenue Growth 40.62%
  • Profit Growth -1.85%
  • Ebitda -31.18%
  • Net Worth 11.57%
  • Total Assets 3.27%

About North Eastern Steel

North Eastern Steel Pvt Ltd (NESPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 November 1984 and has a history of 40 years and two months. Its registered office is in Guwahati, Assam, India.

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 3.00 Cr and a paid-up capital of Rs 2.85 Cr.

The company currently has active open charges totaling ₹53.44 Cr. The company has closed loans amounting to ₹3.79 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sidhartha Sureka and Bhagwati Agarwalla serve as directors at the Company.

Company Details

  • Location

    Guwahati, Assam, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27106AS1984PTC002263

  • Company No.

    002263

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Nov 1984

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Shillong

Industry

Metals and Minerals

Who are the key members and board of directors at North Eastern Steel?

Board Members (2)

Name Designation Appointment Date Status
Sidhartha Sureka Country flag representing In Director 18-Apr-2024 Current
Bhagwati Agarwalla Country flag representing In Director 27-Nov-1984 Current

Financial Performance of North Eastern Steel.

North Eastern Steel Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 40.62% increase. The company also saw a slight decrease in profitability, with a 1.85% decrease in profit. The company's net worth Soared by an impressive increase of 11.57%.

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
40.62%
Revenue from Operations
39.09%
Total Assets
3.27%
Profit or Loss
-1.85%
Net Worth
11.57%
EBITDA
-31.18%

What is the Ownership and Shareholding Structure of North Eastern Steel?

In 2023, North Eastern Steel had a promoter holding of 4.47% and a public holding of 95.53%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹53.44 Cr

Satisfied Charges

₹3.79 Cr

Charges Breakdown by Lending Institutions

  • Others : 38.40 Cr
  • State Bank Of India : 14.97 Cr
  • Assam Industrial Development Corporation Ltd. : 0.07 Cr

Latest Charge Details

Date Lender Amount Status
25 Jan 2024 State Bank Of India ₹10.00 Cr Open
14 May 2020 State Bank Of India ₹4.97 Cr Open
14 Nov 2019 Others ₹24.80 Cr Open
03 Jan 2017 Others ₹13.60 Cr Open
04 Jul 1987 Assam Industrial Development Corporation Ltd. ₹0.26 M Open

How Many Employees Work at North Eastern Steel?

North Eastern Steel has a workforce of 3 employees as of Apr 05, 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 North Eastern Steel, 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 North Eastern Steel'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 North Eastern Steel

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 4.97 Cr registered on 14 May 2020 with Charge ID 100337078 was modified on 30 Apr 2024.

    30 Apr 2024

  • Director Appointment

    Sidhartha Sureka was appointed as a Director was appointed as a Director on 18 Apr 2024 & has been associated with this company since 9 months 15 days .

    18 Apr 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 10.00 Cr with Charge ID 100865605 was registered on 25 Jan 2024.

    25 Jan 2024

  • Annual General Meeting

    North Eastern Steel Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    North Eastern Steel Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Shillong.

    31 Mar 2023

  • Charges

    A charge registered on 19 Aug 1997 via Charge ID 90267073 with State Bank Of India was fully satisfied on 25 May 2022.

    25 May 2022

Frequently asked questions

  • North Eastern Steel Pvt Ltd was incorporated on 27 Nov 1984.

  • The authorized share capital of North Eastern Steel Pvt Ltd is ₹ 3.00 Cr and paid-up capital is ₹ 2.85 Cr.

  • Currently 2 directors are associated with North Eastern Steel Pvt Ltd.

    • Sidhartha Sureka
    • Bhagwati Prasad Agarwalla
  • As per Ministry of Corporate Affairs (Mca), the registered address of North Eastern Steel Pvt Ltd is Jaiguru Amingaon, Guwahati, Assam, India, 781031.

  • The corporate identification number (CIN) of North Eastern Steel Pvt Ltd is U27106AS1984PTC002263 and the company number is 002263 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for North Eastern Steel Pvt Ltd has risen by 40.62%.

  • As Per 2023 financial reports, 3 employees are currently employed by North Eastern Steel Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of North Eastern Steel Pvt Ltd has experienced an upsurge of 11.57%.

  • As per the financial statements for fiscal Year 2023, The total open charges for North Eastern Steel Pvt Ltd amount to ₹ 53.44 Cr.

  • The most recent Balance Sheet for North Eastern Steel Pvt Ltd was filed with the ROC on 31 Mar 2023.

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