Nyka Steels Private Limited

Manufacturer and trader of mild steel pipes and construction materials.

1995 | Mumbai, Maharashtra (India) | Under Insolvency
Last Updated: January 15, 2025

Nyka Steels Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.28 Cr
  • Company Age 29 Year, 7 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 40.00 Cr
  • Satisfied Charges ₹ 13.25 Cr
  • Revenue Growth -17.81%
  • Profit Growth 54.26%
  • Ebitda -377.12%
  • Net Worth -90.07%
  • Total Assets -31.42%

About Nyka Steels

Nyka Steels Private Limited (NSPL) is Under Cirp company established on 27 Jul 1995 with its office registered at Mumbai, Maharashtra, India and has been running since 29 Year, 7 Months with a paid up capital of 1.28 Cr. According to MCA records, 2 Directors are linked to this company as of 15 Jan 2025.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    nykasteels.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109MH1995PTC091072

  • Company No.

    091072

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Jul 1995

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

What products or services does Nyka Steels Private Limited offer?

Nyka Steels Private Limited offers a wide range of products and services, including Steering Parts & Components, Drivetrain Components, Scaffolding Pipes and Fittings, Scaffolding Pipes, Scaffolding Accessories, Scaffolding Frame, Formwork Accessories, Scaffolding Couplers, Clamps and Clamping Equipment, Clamps.

Who are the key members and board of directors at Nyka Steels?

Board Members (2)

NameDesignationAppointment DateStatus
Sarfaraz Siddiqui Country flag representing In Director 03-Dec-1998Current
Asif Siddiqui Country flag representing In Director 03-Dec-1998Current

Financial Performance of Nyka Steels.

Nyka Steels Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 17.81% decrease. The company also saw a substantial improvement in profitability, with a 54.26% increase in profit. The company's net worth observed a substantial decline by a decrease of 90.07%.

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
-17.81%
Revenue from Operations
-21.37%
Total Assets
-31.42%
Profit or Loss
54.26%
Net Worth
-90.07%
EBITDA
-377.12%

What is the Ownership and Shareholding Structure of Nyka Steels?

In 2020, Nyka Steels had a promoter holding of 84.39% and a public holding of 15.61%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹40.00 Cr

Satisfied Charges

₹13.25 Cr

Charges Breakdown by Lending Institutions

  • Uco Bank : 40.00 Cr

Latest Charge Details

DateLenderAmountStatus
22 Sep 2003Uco Bank₹40.00 CrOpen
28 Dec 2006Icici Bank Limited₹13.25 CrSatisfied

How Many Employees Work at Nyka Steels?

Nyka Steels has a workforce of 30 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 Nyka Steels, 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 Nyka Steels'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 Nyka Steels

Recent activity within the organization

  • Annual General Meeting

    Nyka Steels Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Nyka Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.

    31 Mar 2022

  • Charges

    A charge with Uco Bank of Rs. 40.00 Cr registered on 22 Sep 2003 with Charge ID 90151123 was modified on 15 Jul 2013.

    15 Jul 2013

  • Charges

    A charge registered on 28 Dec 2006 via Charge ID 10030686 with Icici Bank Limited was fully satisfied on 14 Jan 2008.

    14 Jan 2008

  • Charges

    A charge with Icici Bank Limited amounted to Rs. 13.25 Cr with Charge ID 10030686 was registered on 28 Dec 2006.

    28 Dec 2006

  • Charges

    A charge with Uco Bank amounted to Rs. 40.00 Cr with Charge ID 90151123 was registered on 22 Sep 2003.

    22 Sep 2003

Frequently asked questions

  • Nyka Steels Private Limited was incorporated on 27 Jul 1995.

  • The authorized share capital of Nyka Steels Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.28 Cr.

  • Currently 2 directors are associated with Nyka Steels Private Limited.

    • Sarfaraz Ahmed Nizamuddin Siddiqui
    • Asif Nizamuddin Siddiqui
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nyka Steels Private Limited is Shop No 15 Ground Floor Piru Lane Pathanwadi Plot 1, Bhendi Baazar India, Mumbai, Maharashtra, 400009.

  • The corporate identification number (CIN) of Nyka Steels Private Limited is U27109MH1995PTC091072 and the company number is 091072 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nyka Steels Private Limited is https://www.nykasteels.co.in

  • According to the financial reports for the fiscal year 2020, the revenue trend for Nyka Steels Private Limited has fallen by -17.81%.

  • As Per 2020 financial reports, 30 employees are currently employed by Nyka Steels Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Nyka Steels Private Limited has experienced an downturn of -90.07%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Nyka Steels Private Limited amount to ₹ 40.00 Cr.

  • The most recent Balance Sheet for Nyka Steels Private Limited was filed with the ROC on 31 Mar 2022.

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