Naresh Steel Industries Private Limited
About Naresh Steel Industries Private Limited
Data last updated:
Naresh Steel Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 19 April 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27100MH2000PTC126003. Its GSTIN is 27AABCN0291J1ZG (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹2.88 Cr. It is led by directors including Prakash Kantilal Shah and Chandrakant Kantilal Shah.
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 206 Gupta Bhavanahmedabad Street Iron Market, Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2025, the company reported a revenue of ₹924.02 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹3.63 Cr (net margin 0.4%) and EBITDA of ₹21.93 Cr (EBITDA margin 2.4%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 6% over five years.
The company has about 44 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹122 Cr and satisfied charges of ₹2.5 Cr on record. Court records list 33 cases involving the company, including 30 filed by the company and 3 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Naresh Steel Industries Private Limited's registered office is in Mumbai, Maharashtra. Its website is 67874000. Its e-mail address is in the company report.
- Email
- Website
- Registered Address206 Gupta Bhavanahmedabad Street Iron Market, Mumbai, Maharashtra, India – 400009
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Naresh Steel Industries 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 activity of Naresh Steel Industries is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Naresh Steel Industries Private Limited, buy the company report.
Financials of Naresh Steel Industries Private Limited
FY 2024 filings availableNaresh Steel Industries Private Limited reported revenue of ₹924.02 Cr (down 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 4% 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 | ₹21.93 Cr | ||||
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| Net Profit (PAT) | ₹3.63 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 | 2.4% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Naresh Steel Industries Private Limited, buy the company report.
Board of directors of Naresh Steel Industries Private Limited
Naresh Steel Industries has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Kantilal Shah Also directs: P&K Steeltech Private Limited | Director | 19 Apr 2000 | 26 Years 6 Months | Current |
| Chandrakant Kantilal Shah | Director | 19 Apr 2000 | 26 Years 6 Months | Current |
| Nareshkumar Kantilal Shah Also directs: Sujash Steel and Iron Private Limited | Director | 19 Apr 2000 | 26 Years 6 Months | Current |
| Vipul Kantilal Shah | Director | 19 Apr 2000 | 26 Years 6 Months | Current |
Auditor
Naresh Steel Industries Private Limited is audited by I.P. Mehta & Co. Chartered Accountants for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| I.P. Mehta & Co. Chartered Accountants | FY 2024 | 138699W |
Shareholding
The shareholding of Naresh Steel Industries Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Naresh Steel Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jan 2018 | 100200083 | Citi Bank N.A. | ₹5 Cr | Open | |
| 21 Jun 2013 | 10435891 | Yes Bank Limited | ₹15 Cr | Open | |
| 29 Aug 2012 | 10376725 | Tata Capital Financial Services Limited | ₹30 Cr | Open | |
| 15 Feb 2011 | 10280715 | Citi Bank N.A. | ₹22 Cr | Open | |
| 13 Mar 2008 | 10095091 | Standard Chartered Bank | ₹25 Cr | Open |
To see the full charge records of Naresh Steel Industries Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Naresh Steel Industries Private Limited has 33 court cases on record: 30 filed by Naresh Steel Industries, 3 filed against it. 2 cases are pending and 31 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 33 | 3 | 2 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed by the company against Mehta Intertrade Steels Pvt. Ltd. and 2 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed by the company against Vishwa Tooling Systems Pvt. Ltd. and 1 other | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Visionmax Industries Pvt Ltd and Ors and 3 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Vibha Mechano Electric India Pvt. Ltd. and Ors and 2 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed by the company against Vishwa Tooling Systems Pvt Ltd and 1 other | Disposed |
To see the full case history of Naresh Steel Industries 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
No delayed payments to MSME suppliers are on our record for Naresh Steel Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Naresh Steel Industries Private Limited has a workforce of 44 employees on its EPFO records as of Jan 29, 2025, across 1 active EPFO establishment.
GST
Naresh Steel Industries has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCN0291J1ZG | Maharashtra | Active | 01 Jul 2017 |
| 27AABCN0291J1DP | Maharashtra | Active | 31 Mar 2025 |
To see the full GST registrations and return filing status of Naresh Steel Industries Private Limited, buy the company report.
Recent activity
Naresh Steel Industries Private Limited has 4 board changes on record since 2000: 4 appointments. The latest: Chandrakant Kantilal Shah was appointed as Director on 19 Apr 2000.
8 earlier events are in the company report.
Frequently asked questions
Naresh Steel Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 19 April 2000 (26+ years old) and is registered under CIN U27100MH2000PTC126003.
Naresh Steel Industries has 4 current directors:
- Prakash Kantilal Shah - Director
- Chandrakant Kantilal Shah - Director
- Nareshkumar Kantilal Shah - Director
- Vipul Kantilal Shah - Director
The latest financial statements of Naresh Steel Industries 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 Naresh Steel Industries is 27AABCN0291J1ZG, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AABCN0291J1DP (Maharashtra).
The CIN (Corporate Identification Number) of Naresh Steel Industries is U27100MH2000PTC126003. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Naresh Steel Industries has 33 court cases on record: 30 filed by the company and 3 filed against it. 2 are pending.
Naresh Steel Industries was incorporated on 19 April 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
Chandrakant Kantilal Shah was appointed as Director on 19 Apr 2000. Nareshkumar Kantilal Shah was appointed as Director on 19 Apr 2000. Prakash Kantilal Shah was appointed as Director on 19 Apr 2000. Naresh Steel Industries has 4 board changes on record in total.
The registered office of Naresh Steel Industries is at 206 Gupta Bhavanahmedabad Street Iron Market, Mumbai, Maharashtra, India – 400009.
Naresh Steel Industries operates in the metals and minerals industry, in the metal retail and distribution segment.
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