Neel Steels Private Limited
About Neel Steels Private Limited
Data last updated:
Neel Steels Private Limited is a private limited company based in Aurangabad, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 09 September 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27100MH2004PTC148481. Its GSTIN is 27AACCN0674Q1ZY (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹12.99 Lakh. It is led by directors Sumit Dinesh Malani and Chanchal Sumit Malani.
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 B – 67/1 MIDC Waluj, Aurangabad, Maharashtra, India – 431136.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.26 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹23.29 Lakh (net margin 2.5%) and EBITDA of ₹40.99 Lakh (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 27% over five years.
As per MCA filings, the company has open charges of ₹1.2 Cr and satisfied charges of ₹1.04 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressPlot No B – 67/1 MIDC Waluj, Aurangabad, Maharashtra, India – 431136
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of Neel Steels Private Limited
The main business activity of Neel Steels is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Neel Steels Private Limited FY 2025 filings available
Neel Steels Private Limited reported revenue of ₹9.26 Cr (up 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Neel Steels Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 11% growth in the latest year. EBITDA rose 570% 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 of Neel Steels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹40.99 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹23.29 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 of Neel Steels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Neel Steels are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Neel Steels Private Limited
Neel Steels Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dai-Chi Cooling Solutions Private Limited | ₹9.29 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Bangalore, Karnataka, India |
| Agro Hardware Industries Private Limited | ₹9.28 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Amritsar, Punjab, India |
| Fabsmith India Private Limited | ₹9.28 Cr (FY 2025) | •••• | •••• | 75.0% | •••• | Chennai, Tamil Nadu, India |
| Apm Auto Parts Private Limited | ₹9.27 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Coimbatore, Tamil Nadu, India |
| Hayatt Steel Private Limited | ₹9.27 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Navi Mumbai, Maharashtra, India |
| Neel Steels Private Limited this company | ₹9.26 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Aurangabad, Maharashtra, India |
| Ecotech Chutes Private Limited | ₹9.26 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Pune, Maharashtra, India |
| Shayburg Valves Private Limited | ₹9.25 Cr (FY 2017) | •••• | •••• | 75.0% | •••• | Ahmedabad, Gujarat, India |
| Continental Profiles Ltd | ₹9.25 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Kolkata, West Bengal, India |
| Jyotech Engineering and Marketing Consultants Private Limited | ₹9.25 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
| Prakash Engitech Private Limited | ₹9.22 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Rajkot, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Neel Steels by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Neel Steels Private Limited
Neel Steels Private Limited is audited by SAR & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SAR & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Neel Steels Private Limited
Neel Steels has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumit Dinesh Malani | Director | 09 Sep 2004 | 22 Years 1 Months | Current |
| Chanchal Sumit Malani | Director | 01 Oct 2013 | 13 Years 0 Months | Current |
Ownership and Shareholding of Neel Steels Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Neel Steels Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Feb 2014 | Hdfc Bank Limited | ₹1.2 Cr | Open |
| 31 Aug 2005 | The Cosmos Bank Limited | ₹25 Lakh | Satisfied |
| 24 Aug 2005 | The Cosmos Co-Op; Bank Ltd. Co-Op. Bank Ltd | ₹12.4 Lakh | Satisfied |
| 31 Jan 2005 | The Cosmos Co Op; Bank Ltd. | ₹10 Lakh | Satisfied |
| 21 Oct 2003 | The Cosmos Co-Operative Bank Limited | ₹56.74 Lakh | Satisfied |
Total charge records: 5 View all charges
MSME Payment Delays by Neel Steels Private Limited
Neel Steels Private Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 178 overdue payments to 11 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 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Renuka Roll Tech Industries | •••• | •••• | •••• |
| Bhakti Profile Tech Private Limited | •••• | •••• | •••• |
| Aurangabad Foundries Pvt Ltd | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 9 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Neel Steels Private Limited
Employment history and EPFO contributions of people linked to Neel Steels.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Neel Steels Private Limited
Neel Steels has one previous CIN (Corporate Identification Number): L27100MH2004PTC148481. The current CIN is U27100MH2004PTC148481, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27100MH2004PTC148481 | Current |
| L27100MH2004PTC148481 | Previous |
Recent Activity on Neel Steels Private Limited
Neel Steels Private Limited has 3 board changes on record since 2004: 2 appointments and 1 cessation. The latest: Dinesh Lalchand Malani ceased to be Managing Director on 13 Sep 2019.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Neel Steels Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Neel Steels Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Neel Steels Private Limited
Neel Steels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN0674Q1ZY | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Neel Steels Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Neel Steels Private Limited
Neel Steels is an active private limited company based in Aurangabad, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 09 September 2004 (22+ years old) and is registered under CIN U27100MH2004PTC148481.
Neel Steels reported revenue of ₹9.26 Cr for FY 2024 (up 11% YoY).
Neel Steels has 2 current directors:
- Sumit Dinesh Malani - Director
- Chanchal Sumit Malani - Director
Neel Steels reported a net profit of ₹23.29 Lakh (net margin 2.5%) and EBITDA of ₹40.99 Lakh (EBITDA margin 4.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Neel Steels is 31% over three years and 27% over five years. In the latest year (FY 2024) revenue rose 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Neel Steels is 27AACCN0674Q1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Neel Steels is U27100MH2004PTC148481. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neel Steels was incorporated on 09 September 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Neel Steels by revenue are Dai-Chi Cooling Solutions Private Limited, Agro Hardware Industries Private Limited, Fabsmith India Private Limited, Apm Auto Parts Private Limited, Hayatt Steel Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Dinesh Lalchand Malani ceased to be Managing Director on 13 Sep 2019. Chanchal Sumit Malani was appointed as Director on 01 Oct 2013. Sumit Dinesh Malani was appointed as Director on 09 Sep 2004.
Neel Steels has 9 MSME Form 1 returns on record between 2019 and 2023, listing 178 overdue payments to 11 micro and small suppliers. The latest return was filed on 18 Dec 2023.
The registered office of Neel Steels is at Plot No B – 671 MIDC Waluj, Aurangabad, Maharashtra, India – 431136.