About Nezone Strips Limited
Data last updated:
Nezone Strips Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 26 November 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27104WB1999PLC096987. Its GSTIN is 19AABCN2889E1Z8 (West Bengal).
The company has an authorised share capital of ₹8.5 Cr and a paid-up capital of ₹5.33 Cr. It is led by directors including Ritu Beswal (Whole-Time Director) and Manish Agarwala (Whole-Time Director).
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Nezone House 19 Jatin Das Road, Kolkata, West Bengal, India – 700029.
As per the financials filed for FY 2025, the company reported a revenue of ₹628.42 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹31.39 Cr (net margin 5%) and EBITDA of ₹45.85 Cr (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 5% over five years.
The company has about 112 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹67 Cr and satisfied charges of ₹323.5 Cr on record. Court records list 11 cases involving the company, including 11 filed by the company; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nezonegroup.com.
Company details
CIN history
Nezone Strips has one previous CIN (Corporate Identification Number): U27104WB2003PLC096987. The current CIN is U27104WB1999PLC096987, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27104WB1999PLC096987 | Current |
| U27104WB2003PLC096987 | Previous |
Contact details
Nezone Strips Limited's registered office is in Kolkata, West Bengal. Its website is nezonegroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNezone House 19 Jatin Das Road, Kolkata, West Bengal, India – 700029
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Nezone Strips 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
Business activity
The main business activity of Nezone Strips is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Nezone Strips Limited, buy the company report.
Financials of Nezone Strips Limited
FY 2025 filings availableNezone Strips Limited reported revenue of ₹628.42 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 46% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹45.85 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹31.39 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.3% | ||||
| Net Profit Margin | 5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Nezone Strips Limited, buy the company report.
Board of directors of Nezone Strips Limited
Nezone Strips has 9 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradip Kumar Agarwal Also directs: Nezone Tubes (TN) Limited, Nezone Tubes Limited, Nezone Ispat Tubes Limited and 5 more | Director | 26 Nov 1999 | 26 Years 11 Months | Current |
| Ritu Beswal Also directs: Nezone Tubes Limited, Nezone Ispat Tubes Limited, Nezone International Limited and 3 more | Whole-Time Director | 02 Apr 2025 | 1 Years 7 Months | Current |
| Manish Agarwala Also directs: Nezone Tubes (TN) Limited, Nezone Tubes Limited, Nezone Ispat Tubes Limited and 5 more | Whole-Time Director | 01 Mar 2005 | 21 Years 8 Months | Current |
| Sanwar Mal Agarwala Also directs: Nezone Tubes (TN) Limited, Nezone Tubes Limited, Nezone Ispat Tubes Limited and 5 more | Director | 15 Mar 2000 | 26 Years 7 Months | Current |
| Subhash Chandra Agarwala Also directs: Nezone Tubes (TN) Limited, Nezone Tubes Limited, Nezone International Limited and 5 more | Director | 15 Mar 2000 | 26 Years 7 Months | Current |
| Ramesh Chandra Pradhan | Director | 10 Mar 2025 | 1 Years 8 Months | Current |
Peer comparison
Nezone Strips Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Pipes), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mercure Metals and Alloys Private Limited | ₹721.82 Cr (FY 2025) | 29.0% | Mumbai, Maharashtra, India | |||
| Avon Ispat & Power Limited | ₹682.27 Cr (FY 2025) | 0.0% | Punjab, India | |||
| Iskcon Strips Private Limited | ₹673.62 Cr (FY 2025) | 9.0% | Raipur, Chhattisgarh, India | |||
| Hansa Metallics Limited | ₹666.83 Cr (FY 2025) | 16.0% | Mohali, Punjab, India | |||
| Nezone Strips Limitedthis company | ₹628.42 Cr (FY 2025) | ₹31.39 Cr | 5% | -1.0% | 112 | Kolkata, West Bengal, India |
| Bhuwalka Pipes Private Limited | ₹608.1 Cr (FY 2025) | -13.0% | Bellary, Karnataka, India | |||
| Jindal Supreme (India) Limited | ₹604.74 Cr (FY 2025) | -7.0% | Hisar, Haryana, India |
To see the full peer comparison of Nezone Strips Limited, buy the company report.
Auditor
Nezone Strips Limited is audited by R.Kothari & Company LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.Kothari & Company LLP | FY 2023 | 307069E/E300266 |
Shareholding
The shareholding of Nezone Strips Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nezone Strips Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Dec 2021 | 100514209 | Axis Bank Limited | ₹67 Cr | Open | |
| 23 Jun 2020 | 100347204 | State Bank of India | ₹61 Cr | Satisfied | |
| 05 Jun 2020 | 100338986 | Axis Bank Limited | ₹20 Cr | Satisfied | |
| 26 Oct 2009 | 10186616 | State Bank of India | ₹10.6 Cr | Satisfied | |
| 02 Feb 2007 | 10035775 | West Bengal Industrial Development Corpn Ltd | ₹3.02 Cr | Satisfied |
To see the full charge records of Nezone Strips Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Nezone Strips Limited has 11 court cases on record: 11 filed by Nezone Strips. 5 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 2 |
| High courts | 5 | 0 | 2 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Ride Master Rims P. Ltd. 2, Ors | Disposed |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed by the company against The State of West Bengal | Pending |
| High Court, West Bengal | Writ petition | Filed by the company against Senior Joint Commissioner Commercial, Chowringhee Cirle and Ors. | Pending |
| Calcutta High Court | Court case (FAT) | Filed by the company against M/S. Ama Enterprise | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Nezone Strips 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.
Credit ratings & regulatory alerts
Nezone Strips Limited was last rated by Icra on 06 Jan 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 06 Jan 2022 |
To see the full credit ratings and regulatory alerts of Nezone Strips Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nezone Strips Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nezone Strips Limited has a workforce of 112 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 112 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Nezone Strips Limited, buy the company report.
GST
Nezone Strips has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCN2889E1Z8 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nezone Strips Limited, buy the company report.
Recent activity
Nezone Strips Limited has 18 board changes on record since 1999: 10 appointments and 8 cessations. The latest: Ritu Beswal ceased to be Additional Director on 27 Apr 2025.
32 earlier events are in the company report.
Frequently asked questions
Nezone Strips is an active public limited company based in Kolkata, West Bengal, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 26 November 1999 (27+ years old) and is registered under CIN U27104WB1999PLC096987.
Nezone Strips has 9 current directors:
- Ritu Beswal - Whole-Time Director
- Manish Agarwala - Whole-Time Director
- Anita Agarwala - Whole-Time Director
- Pradip Kumar Agarwal - Director
- Sanwar Mal Agarwala - Director
- Subhash Chandra Agarwala - Director
- Ramesh Chandra Pradhan - Director
- Manoj Beswal - Director
- Ramesh Kumar Bhudolia - Director
The latest financial statements of Nezone Strips on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nezone Strips is 19AABCN2889E1Z8, registered in West Bengal.
The CIN (Corporate Identification Number) of Nezone Strips is U27104WB1999PLC096987. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nezone Strips has 11 court cases on record: 11 filed by the company. 5 are pending. Most are in the district courts.
Nezone Strips was incorporated on 26 November 1999, making it 27+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Nezone Strips by revenue are Mercure Metals and Alloys Private Limited, Avon Ispat & Power Limited, Iskcon Strips Private Limited, Hansa Metallics Limited, Bhuwalka Pipes Private Limited and 1 more, all in the Manufacturing industry (Pipes), with the same principal business activity (metal and metal products).
Ritu Beswal ceased to be Additional Director on 27 Apr 2025. Ritu Beswal was appointed as Whole-Time Director on 02 Apr 2025. Manoj Beswal ceased to be Whole-Time Director on 31 Mar 2025. Nezone Strips has 18 board changes on record in total.
Nezone Strips can be reached through the website nezonegroup.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of Nezone Strips is at Nezone House 19 Jatin Das Road, Kolkata, West Bengal, India – 700029.
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