Nova Iron And Steel Limited

Sponge iron manufacturing in Chhattisgarh with 150,000 MT capacity.

1989 | Bilaspur, Chattisgarh (India) | Active
Last Updated:

Nova Iron And Steel Profile

Key Indicators

  • Authorised Capital ₹ 160.00 Cr
  • Paid Up Capital ₹ 36.14 Cr
  • Company Age 36 Year, 13 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 185.10 Cr
  • Satisfied Charges ₹ 129.77 Cr
  • Revenue Growth 14.54%
  • Profit Growth 87.87%
  • Ebitda -12.53%
  • Net Worth -8.47%
  • Total Assets -7.25%

About Nova Iron And Steel

Nova Iron And Steel Limited (NIASL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 May 1989 and has a history of 36 years. Its registered office is in Bilaspur, Chattisgarh, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 513566.

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 2024. It's a company limited by shares with an authorized capital of Rs 160.00 Cr and a paid-up capital of Rs 36.14 Cr.

The company currently has active open charges totaling ₹185.10 Cr. The company has closed loans amounting to ₹129.77 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Nova Iron And Steel Limited India are Birender Bhardwaj as CFO and Dheeraj Kumar as Company Secretary. Suraj Choudhary, Kusum Naruka, Dinesh Kumar, and One other member serve as directors at the Company.

Company Details

  • Location

    Bilaspur, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L02710CT1989PLC010052

  • Company No.

    010052

  • Stock Symbol

    BSE : 513566

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 May 1989

  • Date of AGM

    23 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Chhattisgarh

Industry

Metals and Minerals

What products or services does Nova Iron And Steel Limited offer?

Nova Iron And Steel Limited offers a wide range of products and services, including Minerals and Ores, Iron Ore.

Company report

Nova Iron And Steel Limited

Explore comprehensive data for Nova Iron And Steel Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Nova Iron And Steel?

Executive Team (2)

NameDesignationAppointment DateStatus
Birender Bhardwaj CFO13-Jul-2023Current
Dheeraj Kumar Country flag representing In Company Secretary05-Aug-2013Current

Board Members (4)

NameDesignationAppointment DateStatus
Suraj Choudhary Country flag representing In Additional Director 28-Nov-2024Current
Kusum Naruka Country flag representing In Director 29-Jun-2024Current
Dinesh Kumar Country flag representing In Whole-Time Director 14-Aug-2021Current
Hardev Verma Country flag representing In Director 05-Aug-2013Current

Financial Performance of Nova Iron And Steel.

Nova Iron And Steel Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.54% increase. The company also saw a substantial improvement in profitability, with a 87.87% increase in profit. The company's net worth dipped by a decrease of 8.47%.

Nova Iron And Steel revenue growth over time
Nova Iron And Steel 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
14.54%
Revenue from Operations
13.34%
Total Assets
-7.25%
Profit or Loss
87.87%
Net Worth
-8.47%
EBITDA
-12.53%

What is the Ownership and Shareholding Structure of Nova Iron And Steel?

In 2023, Nova Iron And Steel had a promoter holding of 69.81% and a public holding of 30.19%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹185.10 Cr

Satisfied Charges

₹129.77 Cr

Charges Breakdown by Lending Institutions

  • Others : 185.10 Cr

Latest Charge Details

DateLenderAmountStatus
24 Dec 2024Others₹30.00 CrOpen
25 May 2024Others₹39.69 CrOpen
14 Oct 2023Others₹3.86 MOpen
27 Jun 2022Others₹53.40 CrOpen
27 Jun 2022Others₹61.62 CrOpen

How Many Employees Work at Nova Iron And Steel?

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

Employee growth trends for Nova Iron And Steel Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nova Iron And 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 Nova Iron And 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 Nova Iron And Steel

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 30.00 Cr with Charge ID 101031751 was registered on 24 Dec 2024.

  • Director Appointment

    Suraj Prakash Choudhary was appointed as a Additional Director was appointed as a Additional Director on 28 Nov 2024 & has been associated with this company since 5 months 16 days .

  • Annual General Meeting

    Nova Iron And Steel Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 53.40 Cr registered on 27 Jun 2022 with Charge ID 100589346 was modified on 10 Jul 2024.

  • Charges

    A charge with Others of Rs. 61.62 Cr registered on 27 Jun 2022 with Charge ID 100589805 was modified on 10 Jul 2024.

  • Director Appointment

    Kusum Naruka was appointed as a Director was appointed as a Director on 29 Jun 2024 & has been associated with this company since 10 months 15 days .

Frequently asked questions

  • What is the Incorporation or founding date of Nova Iron And Steel Limited?

    Nova Iron And Steel Limited was incorporated on 01 May 1989.

  • What is authorized share capital and paid-up capital of Nova Iron And Steel Limited?

    The authorized share capital of Nova Iron And Steel Limited is ₹ 160.00 Cr and paid-up capital is ₹ 36.14 Cr.

  • Who are the current board members & directors of Nova Iron And Steel Limited?

    Currently 6 directors are associated with Nova Iron And Steel Limited.

    • Suraj Prakash Choudhary
    • Kusum Naruka
    • Birender Bhardwaj
    • Dheeraj Kumar
    • Dinesh Yadav Kumar
    • Hardev Chand Verma
  • What is the registered address of Nova Iron And Steel Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Nova Iron And Steel Limited is Village-Dagori Tehsil -Belha, India, Bilaspur, Chattisgarh, 495224.

  • What is the corporate identification number (CIN) and company number of Nova Iron And Steel Limited?

    The corporate identification number (CIN) of Nova Iron And Steel Limited is L02710CT1989PLC010052 and the company number is 010052 as per Ministry of Corporate Affairs (MCA).

  • Is Nova Iron And Steel Limited registered with any stock exchange in India?

    Yes, Nova Iron And Steel Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Nova Iron And Steel Limited?

    The Official website of Nova Iron And Steel Limited is https://www.novaironsteel.com

  • What has been the recent revenue trend for Nova Iron And Steel Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Nova Iron And Steel Limited has risen by 14.54%.

  • What change has been observed in the net worth of Nova Iron And Steel Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Nova Iron And Steel Limited has experienced an downturn of -8.47%.

  • What are the total open charges for Nova Iron And Steel Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Nova Iron And Steel Limited amount to ₹ 185.10 Cr.

  • When was the last Balance Sheet of Nova Iron And Steel Limited filed with the ROC?

    The most recent Balance Sheet for Nova Iron And Steel Limited was filed with the ROC on 31 Mar 2024.

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