MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-14-0003091
N. Steels Private Limited - metals and minerals in Mehsana, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹12.51 Cr
▼ 35% YoY
Net profit · FY 2025
₹54.21 Lakh
Net margin 4.3%
EBITDA · FY 2025
₹43.98 Lakh
EBITDA margin 3.5%
Authorised capital
₹2.01 Cr
Registered with MCA
Paid-up capital
₹1.51 Cr
Issued & subscribed
Open charges
₹25.5 Cr
Satisfied ₹20.87 Cr
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings
About N. Steels Private Limited
Data last updated:
N. Steels Private Limited is a private limited company based in Mehsana, Gujarat, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 24 April 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27106GJ2009PTC056732. Its GSTIN is 24AADCN0075E1ZX (Gujarat).
The company has an authorised share capital of ₹2.01 Cr and a paid-up capital of ₹1.51 Cr. It is led by directors Hitesh Kumar and Dilip Kumar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No.79 Nirmal Industrial Park GIDC Gozariya, Mehsana, Gujarat, India – 382825.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.51 Cr, a decline of 35% compared to the previous year. For the same year it recorded a net profit of ₹54.21 Lakh (net margin 4.3%) and EBITDA of ₹43.98 Lakh (EBITDA margin 3.5%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 21% over five years.
As per MCA filings, the company has open charges of ₹25.5 Cr and satisfied charges of ₹20.87 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.
N. Steels Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-14-0003091). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nsteels.com.
Company details
CIN U27106GJ2009PTC056732
Registration Number 056732
Incorporation Date 24 April 2009
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-14-0003091
Key People
Hitesh Kumar Director Dilip Kumar Director Recognitions & Rankings of N. Steels
Contact details
N. Steels Private Limited's registered office is in Mehsana, Gujarat. Its website is nsteels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.79 Nirmal Industrial Park GIDC Gozariya, Mehsana, Gujarat, India – 382825
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of N. Steels Private Limited, buy the company report.
Comprehensive company report
N. Steels Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of N. Steels 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 N. Steels Private Limited, buy the company report.
Financials of N. Steels Private Limited
FY 2025 filings availableN. Steels Private Limited reported revenue of ₹12.51 Cr (down 35% YoY) for FY 2025.
Revenue · FY 2025
₹12.51 Cr ▼ 35%
Net profit · FY 2025
₹54.21 Lakh margin 4.3%
EBITDA · FY 2025
₹43.98 Lakh margin 3.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 35%
3 years · compounded
▼ 42%
5 years · compounded
▼ 21%
EBITDA CAGR growth
1 year
▲ 198%
3 years · compounded
▼ 29%
5 years · compounded
▼ 17%
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 35% fall in the latest year. EBITDA rose 198% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹43.98 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹54.21 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.5% | ||||
| Net Profit Margin | 4.3% | ||||
| 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 N. Steels Private Limited, buy the company report.
Board of directors of N. Steels Private Limited
N. Steels has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hitesh Kumar Also directs: Dipak Metal Engineering Private Limited | Director | 13 Dec 2024 | 1 Years 10 Months | Current |
| Dilip Kumar Also directs: Dipak Metal Engineering Private Limited | Director | 13 Dec 2024 | 1 Years 10 Months | Current |
Peer comparison
N. Steels Private Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Metals, Steel), 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 |
|---|---|---|---|---|---|---|
| Haridwar Iron & Ispat Rollings Limited | ₹12.54 Cr (FY 2018) | New Delhi, Delhi, India | ||||
| Amee Metals Private Limited | ₹12.52 Cr (FY 2025) | 6.0% | Raigad, Maharashtra, India | |||
| Vira Corporation Private Limited | ₹12.52 Cr (FY 2025) | -1.0% | Ahmedabad, Gujarat, India | |||
| N. Steels Private Limitedthis company | ₹12.51 Cr (FY 2025) | ₹54.21 Lakh | 4.3% | -35.0% | Mehsana, Gujarat, India | |
| Uroneel India Private Limited | ₹12.49 Cr (FY 2024) | 45.0% | Pune, Maharashtra, India | |||
| Jalandhar Engineering Private Limited | ₹12.49 Cr (FY 2025) | 2.0% | Punjab, India |
To see the full peer comparison of N. Steels Private Limited, buy the company report.
Auditor
N. Steels Private Limited is audited by S. K. CHECHANI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. K. CHECHANI & ASSOCIATES | FY 2023 | 119414W |
Shareholding
The shareholding of N. Steels Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of N. Steels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹25.5 Cr
Satisfied charges
₹20.87 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Feb 2025 | 101061399 | Others | ₹12.75 Cr | Open | |
| 01 Jan 2025 | 101042260 | Others | ₹12.75 Cr | Open | |
| 18 Dec 2021 | 100515829 | Others | ₹3.64 Cr | Satisfied | |
| 10 May 2021 | 100450928 | Hdfc Bank Limited | ₹3.5 Cr | Satisfied | |
| 14 Aug 2017 | 100125916 | Others | ₹4.1 Cr | Satisfied |
To see the full charge records of N. Steels Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
N. Steels Private Limited has 3 court cases on record: 2 filed by N. Steels, 1 filed against it. 1 case is pending and 2 are disposed.
Total cases
3
Filed by the company
2
Filed against the company
1
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sangrur, Punjab | Cheque dishonour complaint | Filed against the company by an individual | Pending |
| District court, Thane, Maharashtra | Court case (Other Misc.Cri.Appln) | Filed by the company against State CBD Belapur Police Station | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 1 other | Disposed |
To see the full case history of N. Steels 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.
MSME payment delays
N. Steels Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 10 overdue payments to 9 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 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Vedant Tradelink Private Limited | |||
| an individual supplier | |||
| Desai Impex Private Limited | |||
| an individual supplier |
To see the full MSME payment records of N. Steels Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
N. Steels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCN0075E1ZX | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of N. Steels Private Limited, buy the company report.
Recent activity
N. Steels Private Limited has 6 board changes on record since 2024: 2 appointments and 4 cessations. The latest: Rahul Raj ceased to be Director on 20 Jun 2025.
Charges
A charge with Others of Rs. 12.75 Cr registered on 12 Feb 2025 with Charge ID 101061399 was modified on 01 Nov 2025.
Charges
A charge with Others of Rs. 12.75 Cr registered on 01 Jan 2025 with Charge ID 101042260 was modified on 09 Oct 2025.
AGM
N. Steels Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Rahul Raj ceased to be Director.
Ceased
Sanjay Kumar Jain ceased to be Director.
Filing
N. Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 12.75 Cr with Charge ID 101061399 was registered on 12 Feb 2025.
Charges
A charge with Others amounted to Rs. 12.75 Cr with Charge ID 101042260 was registered on 01 Jan 2025.
Ceased
Naishadh Deepak Kumar Shah ceased to be Director.
Ceased
Nileshkumar Kanaiyalal Trivedi ceased to be Director.
Appointed
Dilip Kumar was appointed as Director.
Appointed
Hitesh Kumar was appointed as Director.
16 earlier events are in the company report.
Frequently asked questions
N. Steels is an active private limited company based in Mehsana, Gujarat, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 24 April 2009 (17+ years old) and is registered under CIN U27106GJ2009PTC056732.
N. Steels has 2 current directors:
- Hitesh Kumar - Director
- Dilip Kumar - Director
The latest financial statements of N. Steels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of N. Steels is 24AADCN0075E1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of N. Steels is U27106GJ2009PTC056732. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
N. Steels has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
N. Steels was incorporated on 24 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of N. Steels by revenue are Haridwar Iron & Ispat Rollings Limited, Amee Metals Private Limited, Vira Corporation Private Limited, Uroneel India Private Limited, Jalandhar Engineering Private Limited, all in the Metals and Minerals industry (Metals, Steel), with the same principal business activity (metal and metal products).
Rahul Raj ceased to be Director on 20 Jun 2025. Sanjay Kumar Jain ceased to be Director on 20 Jun 2025. Naishadh Deepak Kumar Shah ceased to be Director on 14 Dec 2024. N. Steels has 6 board changes on record in total.
Yes, N. Steels is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-14-0003091).
N. Steels has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 10 overdue payments to 9 micro and small suppliers. The latest return was filed on 29 May 2019.
N. Steels can be reached through the website nsteels.com. Its registered office is in Mehsana, Gujarat, India.