About NSSL Private Limited
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NSSL Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 23 April 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27310MH1981PTC163100. Its GSTIN is 27AAACN7173N1ZY (Maharashtra).
The company has an authorised share capital of ₹40.05 Cr and a paid-up capital of ₹40.04 Cr. It was formerly known as Neco Valves Limited and Nssl Limited. It is led by directors including Anand Jayaswal (Managing Director) and Siddharth Vijay Jaiswal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at T – 45 MIDC Industrial Area Hingna Road, Nagpur, Maharashtra, India – 440016.
As per the financials filed for FY 2025, the company reported a revenue of ₹131.26 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net loss of ₹14.95 Cr (net margin -11.4%) and EBITDA of ₹11.81 Cr (EBITDA margin 9%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years.
The company has about 526 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹45 Cr and satisfied charges of ₹809.7 Cr on record. Court records list 141 cases involving the company, including 47 filed by the company and 94 filed against it; 18 cases are pending. The company has 14 deals on record (7 secondary share transfers, 6 funding rounds, 1 rights issue), with disclosed funding of ₹173.89 Cr; the latest was in March 2022. Its 4 peer companies in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (metal and metal products) are compared by revenue, 2 larger and 2 smaller; the largest is DHP India Limited with revenue of ₹131.86 Cr. The company has 9 MSME Form 1 returns on record between 2016 and 2022, listing 321 overdue payments to 47 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nsslindia.com.
Company details
Name history
NSSL has undergone 4 name changes throughout its history. The current legal name is Nssl Private Limited.
| Company Name | Status |
|---|---|
| NSSL Private Limited | Current |
| Neco Valves Limited | Previous |
| Nssl Limited | Previous |
| Neco Schubert And Salzer Limited | Previous |
| Bhilai Iron Foundry Private Limited | Previous |
CIN history
NSSL has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U27310MH1981PTC163100, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27310MH1981PTC163100 | Current |
| U27310MH1981PLC163100 | Previous |
| L27310MH1981PLC163100 | Previous |
Contact details
NSSL Private Limited's registered office is in Nagpur, Maharashtra. Its website is nsslindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressT – 45 MIDC Industrial Area Hingna Road, Nagpur, Maharashtra, India – 440016
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of NSSL 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
Business activity
The main business activities of NSSL are manufacturing and support service to organizations. In detail, this covers metal and metal products and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of NSSL Private Limited, buy the company report.
Financials of NSSL Private Limited
FY 2024 filings availableNSSL Private Limited reported revenue of ₹131.26 Cr (up 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 26% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 5%. EBITDA rose 79% 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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| EBITDA | ₹11.81 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14.95 Cr | ||||
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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 | 9% | ||||
| Net Profit Margin | -11.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of NSSL Private Limited, buy the company report.
Board of directors of NSSL Private Limited
NSSL has 4 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sagar Santosh Jaiswal Also directs: Econo Valves Limited, DMF Cosmo Private Limited | Director | 16 May 2023 | 3 Years 5 Months | Current |
| Subroto Gupta | Nominee Director | 16 May 2023 | 3 Years 5 Months | Current |
| Anand Jayaswal Also directs: Jayaswal Neco Industries Limited, Neco Defence Munitions Private Limited, Neco Defence Atlantis India Private Limited and 5 more | Managing Director | 01 Apr 2008 | 18 Years 6 Months | Current |
| Siddharth Vijay Jaiswal | Whole-Time Director | 25 May 2013 | 13 Years 4 Months | Current |
Peer comparison
NSSL Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), 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 |
|---|---|---|---|---|---|---|
| DHP India Limited | ₹131.86 Cr (FY 2025) | 65.0% | Kolkata, West Bengal, India | |||
| Acme Process Systems Private Limited | ₹131.27 Cr (FY 2025) | -26.0% | Pune, Maharashtra, India | |||
| NSSL Private Limitedthis company | ₹131.26 Cr (FY 2025) | -₹14.95 Cr | -11.4% | 26.0% | 526 | Nagpur, Maharashtra, India |
| Economy Process Solutions Private Limited | ₹131.06 Cr (FY 2025) | -13.0% | Mumbai, Maharashtra, India | |||
| Lysaght Taperline Poles Private Limited | ₹130.73 Cr (FY 2025) | 28.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of NSSL Private Limited, buy the company report.
Auditor
NSSL Private Limited is audited by OJHA AGRAWAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| OJHA AGRAWAL & ASSOCIATES | FY 2023 | 119981W |
Shareholding
The shareholding of NSSL Private 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of NSSL Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2024 | 100993736 | Others | ₹45 Cr | Open | |
| 16 Jan 2015 | 10548333 | Sbicap Trustee Company Limited | ₹143.58 Cr | Satisfied | |
| 13 Dec 2013 | 10468618 | Others | ₹10 Cr | Satisfied | |
| 30 Mar 2012 | 10349421 | Others | ₹163 Cr | Satisfied | |
| 29 Mar 2010 | 10210857 | Others | ₹89 Cr | Satisfied |
To see the full charge records of NSSL Private Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
NSSL Private Limited has 14 deals on record (7 secondary share transfers, 6 funding rounds, 1 rights issue), with disclosed funding of ₹173.89 Cr; the latest was in March 2022.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Athwart Estate Investments Pvt Ltd , Jayaswal Neco Metallics Private Limited Seller: Jayaswal Holdings Pvt Ltd , Vena Infrastructures Private Limited |
| Jan 2022 | Funding round | ₹71.22 Cr | Investors: Jayaswal Neco Metallics Private Limited , Asset Reconstruction Company (India) Limited , Jayaswal Holdings Pvt Ltd |
| Nov 2020 | Secondary share transfer | Undisclosed | Buyer: Jayaswal Neco Metallics Private Limited Seller: Jayaswal Holdings Pvt Ltd |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Jayawasl Neco Energy Private Limited, Jyotikant Investments Private Limited Seller: Neco Leasing and Finance Pvt Ltd |
| Jan 2015 | Rights issue | ₹30.88 Cr | Investors: Vena Infrastructures Private Limited , Anurag Sales and Services P Ltd , Jyotikant Investments Private Limited |
To see the full deal history of NSSL Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
NSSL Private Limited has 141 court cases on record: 47 filed by NSSL, 94 filed against it. 18 cases are pending and 123 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 94 | 84 | 13 |
| High courts | 43 | 9 | 4 |
| NCLT | 3 | 1 | 0 |
| NCLAT | 1 | 0 | 1 |
Cases on record (5 of 141)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CMA SC) | Filed against the company by Neesa Infrastructure Limited, Director,Shri Kalpesh Kishorkumar Shah | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Chhajed Steel and Alloys Private Limited Through Director Mukesh Mehta | Pending |
| NCLAT, Chairperson Court | Tribunal matter | Filed by the company against M/S Uem India Pvt Ltd | Pending |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed by the company against Indian Oil Corporation Ltd. | Disposed |
| District court, Nagpur, Maharashtra | Court case (Spl .Dkst) | Filed against the company by Tuv India Private Limited | Disposed |
To see the full case history of NSSL Private 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
NSSL Private Limited was last rated by Brickwork on 16 Apr 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 16 Apr 2021 |
To see the full credit ratings and regulatory alerts of NSSL Private Limited, buy the company report.
MSME payment delays
NSSL Private Limited has 9 MSME Form 1 returns on record between 2016 and 2022, listing 321 overdue payments to 47 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 47)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Neco Defence Systems Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| J.N. Tools |
To see the full MSME payment records of NSSL Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
NSSL Private Limited has a workforce of 526 employees on its EPFO records as of Apr 06, 2024, across 3 active EPFO establishments.
GST
NSSL has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN7173N1ZY | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of NSSL Private Limited, buy the company report.
Recent activity
NSSL Private Limited has 17 board changes on record since 2008: 4 appointments and 13 cessations. The latest: Sagar Santosh Jaiswal ceased to be Additional Director on 29 Sep 2023.
52 earlier events are in the company report.
Frequently asked questions
NSSL is an active private limited company based in Nagpur, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 23 April 1981 (45+ years old) and is registered under CIN U27310MH1981PTC163100.
NSSL has 4 current directors:
- Anand Jayaswal - Managing Director
- Siddharth Vijay Jaiswal - Whole-Time Director
- Sagar Santosh Jaiswal - Director
- Subroto Gupta - Nominee Director
The latest financial statements of NSSL on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of NSSL is 27AAACN7173N1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of NSSL is U27310MH1981PTC163100. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
NSSL has 141 court cases on record: 47 filed by the company and 94 filed against it. 18 are pending. Most are in the district courts.
NSSL was incorporated on 23 April 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.
NSSL has 14 deals on record (7 secondary share transfers, 6 funding rounds, 1 rights issue), with disclosed funding of ₹173.89 Cr; the latest was in March 2022.
The peers of NSSL by revenue are DHP India Limited, Acme Process Systems Private Limited, Economy Process Solutions Private Limited, Lysaght Taperline Poles Private Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (metal and metal products).
Sagar Santosh Jaiswal ceased to be Additional Director on 29 Sep 2023. Sagar Santosh Jaiswal was appointed as Director on 16 May 2023. Subroto Gupta was appointed as Nominee Director on 16 May 2023. NSSL has 17 board changes on record in total.
NSSL has 9 MSME Form 1 returns on record between 2016 and 2022, listing 321 overdue payments to 47 micro and small suppliers. The latest return was filed on 06 Aug 2022.
NSSL can be reached through the website nsslindia.com. Its registered office is in Nagpur, Maharashtra, India.