MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-12-0086660
Ned Metals Private Limited
Ned Metals Private Limited - metals and minerals in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹61.62 Cr
▼ 2% YoY
Net profit · FY 2023
₹22.02 Lakh
Net margin 0.4%
EBITDA · FY 2023
₹52.07 Lakh
EBITDA margin 0.8%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2.9 Lakh
Issued & subscribed
Open charges
₹10 Cr
Satisfied ₹5 Cr
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
About Ned Metals Private Limited
Data last updated:
Ned Metals Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 08 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U28999PB2017PTC046588. Its GSTIN is 03AAFCN6618P1Z3 (Punjab).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2.9 Lakh. It is led by directors Varun Ajay Bhatia and Sarojbala Ajaykumar Bhatia.
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 House No. A – 69 Sarabha Nagar, Ludhiana, Punjab, India – 141001.
As per the financials filed for FY 2023, the company reported a revenue of ₹61.62 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹22.02 Lakh (net margin 0.4%) and EBITDA of ₹52.07 Lakh (EBITDA margin 0.8%). Revenue has grown at a compounded annual rate (CAGR) of 105% over three years.
As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹5 Cr on record.
Ned Metals Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0086660). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U28999PB2017PTC046588
Registration Number 046588
Incorporation Date 08 June 2017
ROC Chandigarh
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-PB-12-0086660
Recognitions & Rankings of Ned Metals
Contact details
Ned Metals Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHouse No. A – 69 Sarabha Nagar, Ludhiana, Punjab, India – 141001
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Ned Metals Private Limited, buy the company report.
Comprehensive company report
Ned Metals 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Ned Metals 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 Ned Metals Private Limited, buy the company report.
Financials of Ned Metals Private Limited
FY 2025 filings availableNed Metals Private Limited reported revenue of ₹61.62 Cr (down 2% YoY) for FY 2023.
Revenue · FY 2023
₹61.62 Cr ▼ 2%
Net profit · FY 2023
₹22.02 Lakh margin 0.4%
EBITDA · FY 2023
₹52.07 Lakh margin 0.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 105%
EBITDA CAGR growth
1 year
▼ 18%
3 years · compounded
▲ 51%
Revenue fell 2% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 105%. EBITDA fell 18% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹61.62 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹52.07 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹22.02 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.8% | ||||
| Net Profit Margin | 0.4% | ||||
| 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 Ned Metals Private Limited, buy the company report.
Board of directors of Ned Metals Private Limited
Ned Metals has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varun Ajay Bhatia Also directs: Ned Casting and Alloys LLP | Director | 08 Jun 2017 | 9 Years 4 Months | Current |
| Sarojbala Ajaykumar Bhatia | Director | 08 Jun 2017 | 9 Years 4 Months | Current |
Peer comparison
Ned Metals Private Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution, 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 |
|---|---|---|---|---|---|---|
| Ned Metals Private Limitedthis company | ₹61.62 Cr (FY 2023) | ₹22.02 Lakh | 0.4% | -2.0% | Ludhiana, Punjab, India | |
| Chandil Industries Private Limited | ₹61.56 Cr (FY 2021) | -14.0% | Kolkta, West Bengal, India | |||
| MSQ Steel Private Limited | ₹61.45 Cr (FY 2025) | -12.0% | Muzaffarnagar, Uttar Pradesh, India | |||
| Keyur Ispat Limited | ₹61.33 Cr (FY 2024) | -3.0% | Sihor, Gujarat, India |
To see the full peer comparison of Ned Metals Private Limited, buy the company report.
Auditor
Ned Metals Private Limited is audited by VASU GOYAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VASU GOYAL & ASSOCIATES | FY 2023 | 546023 |
Shareholding
The shareholding of Ned Metals 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 Ned Metals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10 Cr
Satisfied charges
₹5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Feb 2025 | 101062970 | Bank of India | ₹10 Cr | Open | |
| 15 May 2023 | 100720699 | Axis Bank Limited | ₹5 Cr | Satisfied |
To see the full charge records of Ned Metals Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Ned Metals Private Limited 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
No delayed payments to MSME suppliers are on our record for Ned Metals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ned Metals has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAFCN6618P1Z3 | Punjab | Active | 26 Jul 2017 |
To see the full GST registrations and return filing status of Ned Metals Private Limited, buy the company report.
Recent activity
Ned Metals Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Ajaykumar Rajkumar Bhatia ceased to be Director on 05 Mar 2020.
Charges
A charge with Bank Of India of Rs. 10.00 Cr registered on 25 Feb 2025 with Charge ID 101062970 was modified on 28 Oct 2025.
AGM
Ned Metals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 15 May 2023 via Charge ID 100720699 with Axis Bank Limited was fully satisfied on 02 Apr 2025.
Filing
Ned Metals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Bank Of India amounted to Rs. 10.00 Cr with Charge ID 101062970 was registered on 25 Feb 2025.
Charges
A charge with Axis Bank Limited of Rs. 5.00 Cr registered on 15 May 2023 with Charge ID 100720699 was modified on 04 Jun 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100720699 was registered on 15 May 2023.
Ceased
Ajaykumar Rajkumar Bhatia ceased to be Director.
Appointed
Sarojbala Ajaykumar Bhatia was appointed as Director.
Appointed
Varun Ajay Bhatia was appointed as Director.
Incorporation
08 Jun 2017
Ned Metals Private Limited was registered on 08 Jun 2017 with Roc Chandigarh & aged 9 years 4 months as per MCA records.
Frequently asked questions
Ned Metals is an active private limited company based in Ludhiana, Punjab, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 08 June 2017 (9+ years old) and is registered under CIN U28999PB2017PTC046588.
Ned Metals has 2 current directors:
- Varun Ajay Bhatia - Director
- Sarojbala Ajaykumar Bhatia - Director
The latest financial statements of Ned Metals 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 FY 2018 are in the company report.
The GSTIN of Ned Metals is 03AAFCN6618P1Z3, registered in Punjab.
The CIN (Corporate Identification Number) of Ned Metals is U28999PB2017PTC046588. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ned Metals was incorporated on 08 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Ned Metals by revenue are Chandil Industries Private Limited, MSQ Steel Private Limited, Keyur Ispat Limited, all in the Metals and Minerals industry (Metal Retail and Distribution, Metals, Steel), with the same principal business activity (metal and metal products).
Ajaykumar Rajkumar Bhatia ceased to be Director on 05 Mar 2020. Sarojbala Ajaykumar Bhatia was appointed as Director on 08 Jun 2017. Varun Ajay Bhatia was appointed as Director on 08 Jun 2017.
Yes, Ned Metals is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-12-0086660).
The registered office of Ned Metals is at House No. A – 69 Sarabha Nagar, Ludhiana, Punjab, India – 141001.
Ned Metals operates in the metals and minerals industry, in the metal manufacturing and processing segment.