- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-23-0017274

Nasik Steel Pvt Ltd
About Nasik Steel Pvt Ltd
Data last updated:
Nasik Steel Pvt Ltd is a private limited company based in Nashik, Maharashtra, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 07 November 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27105MH1985PTC038016. Its GSTIN is 27AAACN7619M1Z1 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Chandraprakash Gopichanda Banka and Narendrakumar Jhabarmal Saboo.
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 5 Sumangal Orchid Thatte Nagar Nashik Opp Hdfc Bank, Maharashtra, India – 422005.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.16 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹39.66 Lakh (net margin 4.9%) and EBITDA of ₹89.42 Lakh (EBITDA margin 11%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 17% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.04 Cr and satisfied charges of ₹7.12 Cr on record.
Nasik Steel Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0017274). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Nasik Steel
Contact details
Nasik Steel Pvt Ltd's registered office is in Nashik, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5 Sumangal Orchid Thatte Nagar Nashik Opp Hdfc Bank, Maharashtra, India – 422005
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Nasik Steel Pvt Ltd, 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 Nasik Steel 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 Nasik Steel Pvt Ltd, buy the company report.
Financials of Nasik Steel Pvt Ltd
FY 2025 filings availableNasik Steel Pvt Ltd reported revenue of ₹8.16 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 17%. EBITDA rose 60% 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 | ₹89.42 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹39.66 Lakh | ||||
| 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 | 11% | ||||
| Net Profit Margin | 4.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Nasik Steel Pvt Ltd, buy the company report.
Board of directors of Nasik Steel Pvt Ltd
Nasik Steel has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandraprakash Gopichanda Banka | Director | 15 Dec 2016 | 9 Years 10 Months | Current |
| Narendrakumar Jhabarmal Saboo | Director | 07 Nov 1985 | 41 Years 0 Months | Current |
| Sharad Saboo | Director | 15 Apr 2015 | 11 Years 6 Months | Current |
Peer comparison
Nasik Steel Pvt Ltd is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (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 |
|---|---|---|---|---|---|---|
| Himshila Ferro Alloys Private Limited | ₹8.2 Cr (FY 2019) | 128.0% | Burdwan, West Bengal, India | |||
| Mayur Sai Industries Private Limited | ₹8.18 Cr (FY 2025) | -31.0% | Chennai, Tamil Nadu, India | |||
| Nasik Steel Pvt Ltdthis company | ₹8.16 Cr (FY 2025) | ₹39.66 Lakh | 4.9% | -1.0% | 10 | Nashik, Maharashtra, India |
| Padam Chand Steels Private Limited | ₹8.14 Cr (FY 2025) | 55.0% | Ajmer, Rajasthan, India | |||
| Amaresh Engineering Private Limited | ₹8.11 Cr (FY 2025) | 33.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Nasik Steel Pvt Ltd, buy the company report.
Auditor
Nasik Steel Pvt Ltd is audited by S. B. DUDHAWAT & CO. for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. B. DUDHAWAT & CO. | FY 2021 | 102774W |
Shareholding
The shareholding of Nasik Steel Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | 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 Nasik Steel Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Sep 2025 | 101179711 | Hdfc Bank Limited | ₹2.5 Cr | Open | |
| 22 Aug 2025 | 101147064 | Hdfc Bank Limited | ₹2.49 Cr | Open | |
| 09 Jan 2012 | 10332452 | The Thane Janata Sahakari Bank Ltd. | ₹1.05 Cr | Open | |
| 12 Dec 2022 | 100652184 | Tjsb Sahakari Bank Limited | ₹87.35 Lakh | Satisfied | |
| 05 Jan 2022 | 100524933 | Tjsb Sahakari Bank Limited | ₹1.6 Cr | Satisfied |
To see the full charge records of Nasik Steel Pvt Ltd, buy the company report.
Total charge records: 17 View all charges
Legal cases
No court or tribunal cases involving Nasik Steel Pvt Ltd 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
Nasik Steel Pvt Ltd has 4 MSME Form 1 returns on record between 2019 and 2022, listing 27 overdue payments to 10 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 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kay Bee Foundry Services Private Limited | |||
| an individual supplier | |||
| Tip Top Tool Works | |||
| D D & Co | |||
| an individual supplier |
To see the full MSME payment records of Nasik Steel Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Nasik Steel Pvt Ltd has a workforce of 10 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 | 10 |
| 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 Nasik Steel Pvt Ltd, buy the company report.
GST
Nasik Steel has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN7619M1Z1 | Maharashtra | Active | 01 Jul 2017 |
| 23AAACN7619M1Z9 | Madhya Pradesh | Active | 15 Apr 2019 |
To see the full GST registrations and return filing status of Nasik Steel Pvt Ltd, buy the company report.
Recent activity
Nasik Steel Pvt Ltd has 8 board changes on record since 1985: 3 appointments and 5 cessations. The latest: Chandraprakash Gopichanda Banka was appointed as Director on 15 Dec 2016.
37 earlier events are in the company report.
Frequently asked questions
Nasik Steel is an active private limited company based in Nashik, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 07 November 1985 (41+ years old) and is registered under CIN U27105MH1985PTC038016.
Nasik Steel has 3 current directors:
- Chandraprakash Gopichanda Banka - Director
- Narendrakumar Jhabarmal Saboo - Director
- Sharad Saboo - Director
The latest financial statements of Nasik Steel 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 Nasik Steel is 27AAACN7619M1Z1, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 23AAACN7619M1Z9 (Madhya Pradesh).
The CIN (Corporate Identification Number) of Nasik Steel is U27105MH1985PTC038016. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nasik Steel was incorporated on 07 November 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Nasik Steel by revenue are Himshila Ferro Alloys Private Limited, Mayur Sai Industries Private Limited, Padam Chand Steels Private Limited, Amaresh Engineering Private Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Chandraprakash Gopichanda Banka was appointed as Director on 15 Dec 2016. Chandraprakash Gopichanda Banka ceased to be Director on 01 Dec 2016. Nishant Narendra Saboo ceased to be Director on 18 Dec 2015. Nasik Steel has 8 board changes on record in total.
Yes, Nasik Steel is registered as a small enterprise under Udyam registration (number: UDYAM-MH-23-0017274).
Nasik Steel has 4 MSME Form 1 returns on record between 2019 and 2022, listing 27 overdue payments to 10 micro and small suppliers. The latest return was filed on 26 Jul 2022.
The registered office of Nasik Steel is at 5 Sumangal Orchid Thatte Nagar Nashik Opp Hdfc Bank, Maharashtra, India – 422005.
Nasik Steel operates in the metals and minerals industry, in the steel manufacturing and processing segment.

