New High Steels Private Limited
About New High Steels Private Limited
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New High Steels Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 07 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27100WB2008PTC123833.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹15.08 Lakh. It is led by directors Swapan Nayek and Gaurav Jain.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Shayani Housing Complex 4th Floor Romm No 16 426 Jessore Road China Mandir, Kolkata, West Bengal, India – 700055.
As per the financials filed for FY 2019, the company reported a revenue of ₹62,685, a growth of 83% compared to the previous year. For the same year it recorded a net loss of ₹20,304 (net margin -32.4%) and EBITDA of -₹20,304 (EBITDA margin -32.4%). Revenue has declined at a compounded annual rate (CAGR) of 46% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
New High Steels Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShayani Housing Complex 4th Floor Romm No 16 426 Jessore Road China Mandir, Kolkata, West Bengal, India – 700055
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of New High Steels Private 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 New High Steels Private Limited
FY 2019 filings availableNew High Steels Private Limited reported revenue of ₹62,685 (up 83% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 83% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 46%. EBITDA rose 88% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹62,685 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹20,304 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹20,304 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -32.4% | ||||
| Net Profit Margin | -32.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 New High Steels Private Limited, buy the company report.
Board of directors of New High Steels Private Limited
New High Steels has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Swapan Nayek | Director | 02 Feb 2019 | 7 Years 9 Months | Current |
| Gaurav Jain | Director | 13 Feb 2017 | 9 Years 8 Months | Current |
Peer comparison
New High Steels Private Limited is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Steel), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Graded Foundry & Alloys Private Limited | ₹63,240 (FY 2015) | 14.0% | New Delhi, Delhi, India | |||
| Radhayshree Iron & Steel Private Limited | ₹63,155 (FY 2024) | 234.0% | Kolkata, West Bengal, India | |||
| Quality Steel Wire Products Pvt Ltd | ₹62,862 (FY 2025) | 6.0% | Kolkata, West Bengal, India | |||
| Arka Ventures Private Limited | ₹62,804 (FY 2024) | -100.0% | Nagpur, Maharashtra, India | |||
| Jai Salasarji Power & Steel Private Limited | ₹62,720 (FY 2025) | 5.0% | Kolkata, West Bengal, India | |||
| New High Steels Private Limitedthis company | ₹62,685 (FY 2019) | -₹20,304 | -32.4% | 83.0% | Kolkata, West Bengal, India | |
| Adinath Rerolling Private Limited | ₹62,550 (FY 2020) | -3.0% | Thane, Maharashtra, India | |||
| Om Shivay Steel & Power Private Limited | ₹62,000 (FY 2025) | -33.0% | Chas, Jharkhand, India | |||
| Padma Iron Products Private Limited | ₹61,500 (FY 2016) | Kolkata, West Bengal, India | ||||
| Franklin Steels Pvt Ltd | ₹61,388 (FY 2025) | 28.0% | Hisar, Haryana, India | |||
| Bisa Iron & Steel Traders Association | ₹60,774 (FY 2025) | 13.0% | Patna, Bihar, India |
To see the full peer comparison of New High Steels Private Limited, buy the company report.
Auditor
New High Steels Private Limited is audited by M JAIN & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M JAIN & ASSOCIATES | FY 2019 | 311144E |
Shareholding
The shareholding of New High Steels Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of New High Steels Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving New High Steels Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for New High Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for New High Steels Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
New High Steels Private Limited has 8 board changes on record since 2012: 2 appointments and 6 cessations. The latest: Chandra Prakash Jain ceased to be Director on 04 Feb 2019.
Frequently asked questions
New High Steels is an active private limited company based in Kolkata, West Bengal, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 07 March 2008 (18+ years old) and is registered under CIN U27100WB2008PTC123833.
New High Steels has 2 current directors:
- Swapan Nayek - Director
- Gaurav Jain - Director
The latest financial statements of New High Steels on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of New High Steels is U27100WB2008PTC123833. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
New High Steels was incorporated on 07 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of New High Steels by revenue are Graded Foundry & Alloys Private Limited, Radhayshree Iron & Steel Private Limited, Quality Steel Wire Products Pvt Ltd, Arka Ventures Private Limited, Jai Salasarji Power & Steel Private Limited and 5 more, all in the Metals and Minerals industry (Steel).
Chandra Prakash Jain ceased to be Director on 04 Feb 2019. Swapan Nayek was appointed as Director on 02 Feb 2019. Gaurav Jain was appointed as Director on 13 Feb 2017. New High Steels has 8 board changes on record in total.
The registered office of New High Steels is at Shayani Housing Complex 4th Floor Romm No 16 426 Jessore Road China Mandir, Kolkata, West Bengal, India – 700055.
New High Steels operates in the metals and minerals industry, in the steel manufacturing and processing segment.
The compliance status of New High Steels is compliant as of 23 September 2026. The company is actively filing with the Registrar of Companies.
New High Steels can be reached at its registered office: Shayani Housing Complex 4th Floor Romm No 16 426 Jessore Road China Mandir, Kolkata, West Bengal, India – 700055.
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