
Nandi Steels Limited
About Nandi Steels Limited
Data last updated:
Nandi Steels Limited was a public limited company based in Bangalore, Karnataka, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 06 March 1971.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U27104KA1971PLC002014. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹35 Lakh. It was formerly known as Nandi Steel Works P Ltd and Nandi Steel Works Ltd. It was led by directors including Shruti Agarwal and Alka Agarwal.
Its last annual general meeting (AGM) was held on 11 June 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 6/3 Tumkur Road, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2022, the company reported a revenue of ₹20.68 Lakh. For the same year it recorded a net profit of ₹8.48 Lakh (net margin 41%) and EBITDA of ₹9.97 Lakh (EBITDA margin 48.2%).
Court records list 10 cases involving the company, including 8 filed by the company and 2 filed against it; 1 case is pending.
Company details
Name history
Nandi Steels has undergone 2 name changes throughout its history. The company was previously known as Nandi Steel Works P Ltd, and Nandi Steel Works Ltd. The current legal name is Nandi Steels Limited.
| Company Name | Status |
|---|---|
| Nandi Steels Limited | Current |
| Nandi Steel Works P Ltd | Previous |
| Nandi Steel Works Ltd | Previous |
CIN history
Nandi Steels has one previous CIN (Corporate Identification Number): U27104KA1971PTC002014. The current CIN is U27104KA1971PLC002014, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27104KA1971PLC002014 | Current |
| U27104KA1971PTC002014 | Previous |
Contact details
Nandi Steels Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address6/3 Tumkur Road, Bangalore, Karnataka, India – 560058
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Nandi Steels Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Nandi Steels Limited
FY 2022 filings availableNandi Steels Limited reported revenue of ₹20.68 Lakh for FY 2022.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹20.68 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹9.97 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.48 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 48.2% | ||||
| Net Profit Margin | 41% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Nandi Steels Limited, buy the company report.
Board of directors of Nandi Steels Limited
Nandi Steels has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shruti Agarwal | Director | 10 Feb 2010 | 16 Years 8 Months | As last reported |
| Alka Agarwal | Director | 09 Mar 1994 | 32 Years 7 Months | As last reported |
| Alok Agarwal | Director | 12 Aug 2003 | 23 Years 2 Months | As last reported |
Peer comparison
Nandi Steels Limited is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Mining), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nandi Steels Limitedthis company | ₹20.68 Lakh (FY 2022) | ₹8.48 Lakh | 41% | Bangalore, Karnataka, India | ||
| B D Merchandising Private Limited | ₹10.53 Lakh (FY 2019) | -20.0% | New Delhi, Delhi, India | |||
| Shree Padhavallabha Minerals Private Limited | ₹10.53 Lakh (FY 2019) | -87.0% | Hyderabad, Telangana, India | |||
| CNN Minerals Private Limited | ₹10.5 Lakh (FY 2019) | 600.0% | Barbil, Odisha, India | |||
| Parth Network Private Limited | ₹10.42 Lakh (FY 2025) | -56.0% | Udaipur, Rajasthan, India | |||
| B P Byramji Mining Company Private Limited | ₹10.34 Lakh (FY 2025) | 11.0% | Thane, Maharashtra, India | |||
| Rockwell Resources Earthmovers Private Limited | ₹10.29 Lakh (FY 2021) | -99.0% | Kolkata, West Bengal, India | |||
| S.S. Technoprint Private Limited | ₹10.26 Lakh (FY 2023) | -62.0% | Haridwar, Uttarakhand, India | |||
| R.N.A. Ores & Minerals Private Limited | ₹10.26 Lakh (FY 2025) | 5.0% | Ludhiana, Punjab, India | |||
| M.S. Stones Private Limited | ₹10.14 Lakh (FY 2025) | -11.0% | Udaipur, Rajasthan, India | |||
| VP Mining and Infrastructure Services Private Limited | ₹10.13 Lakh (FY 2020) | Po- Hatatota, Talcher, Orissa, India |
To see the full peer comparison of Nandi Steels Limited, buy the company report.
Auditor
Nandi Steels Limited is audited by G L KOTHARI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G L KOTHARI & CO | FY 2021 | 001445S |
Shareholding
The shareholding of Nandi Steels Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nandi Steels Limited, buy the company report.
Legal cases
Nandi Steels Limited has 10 court cases on record: 8 filed by Nandi Steels, 2 filed against it. 1 case is pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 1 | 1 |
| District courts | 3 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (A.S.) | Filed against the company by Saketh India Ltd. | Disposed |
| High Court of Karnataka | Court case (CRL.P) | Filed by the company against M/S S V K Patchee Granite (India) Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Court case (CRL.R.P.) | Filed by the company against SVK Patchec Granite India Pvt.Ltd. | Disposed |
| High Court of Karnataka | Appeal | Filed against the company | Pending |
| High Court | Writ petition | Filed by the company against The Commissioner and 2 others | Disposed |
To see the full case history of Nandi Steels Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nandi Steels Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nandi Steels has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Nandi Steels Limited, buy the company report.
Recent activity
Nandi Steels Limited has 4 board changes on record since 1994: 3 appointments and 1 cessation. The latest: Arunkumar Agarwal ceased to be Director on 26 Mar 2013.
Frequently asked questions
Nandi Steels has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Nandi Steels was a public limited company based in Bangalore, Karnataka, India. The company worked in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 06 March 1971 and is registered under CIN U27104KA1971PLC002014. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Nandi Steels is U27104KA1971PLC002014. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nandi Steels had 3 directors:
- Shruti Agarwal - Director
- Alka Agarwal - Director
- Alok Agarwal - Director
Nandi Steels was incorporated on 06 March 1971. It is registered with the Registrar of Companies, Bangalore.
The registered office of Nandi Steels is at 63 Tumkur Road, Bangalore, Karnataka, India – 560058.
The latest financial statements of Nandi Steels on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 11 June 2022. Year-wise statements from 2015 are in the company report.
No. Nandi Steels has 1 GST registration on record and it is cancelled or inactive.
Nandi Steels operated in the metals and minerals industry, in the mining and mineral extraction segment.
The peers of Nandi Steels by revenue are B D Merchandising Private Limited, Shree Padhavallabha Minerals Private Limited, CNN Minerals Private Limited, Parth Network Private Limited, B P Byramji Mining Company Private Limited and 5 more, all in the Metals and Minerals industry (Mining).
Nandi Steels has 10 court cases on record: 8 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.

