Neelachal Ispat Nigam Ltd - Company Profile

Q: Who are the current directors of Neelachal Ispat Nigam Ltd?

The current directors of Neelachal Ispat Nigam Ltd are Koushik Chatterjee, Srikumar Menon, Ansuman Das, Uttam Singh, Narendran Viswanath Thachat, Ashish Anupam, Atrayee Sanyal, Manoj Kumar Gupta, Pooja Kishore Maru, Padmapal.

It is a metals and minerals public limited company based in Bhubaneswar, Orissa, India, established in 1982.

1982 Bhubaneswar, Orissa, India Active

Last Updated: December 22, 2025

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About Neelachal Ispat Nigam Ltd

Neelachal Ispat Nigam Ltd, a active public limited company, was established on 27 March 1982 in Bhubaneswar, Orissa, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: U27109OR1982PLC001050. Registered under ROC Roc Cuttack. it is unlisted. It has an authorized capital of ₹12,200.00 Cr and a paid-up capital of ₹5,926.26 Cr.

It upholds a compliant status. Employing 1,299 professional, Its leadership includes Koushik Chatterjee (Director), Srikumar Menon (Director), Ansuman Das (Director). Past directors included Depinder Singh Dhesi, Sunir Khurana, Bijoy Kumar Panda. It holds ₹1,265.55 Cr open charges and ₹6,753.24 Cr settled loans. Its latest AGM occurred on 02 September 2025, with the balance sheet filed on 31 March 2025. It is based at Samabaya Bhawan,, 4Th Floor, Unit 9, Janpath, Bhubaneswar, Orissa, 751022.

Company Details

CIN/LLPIN
U27109OR1982PLC001050
Registration Number
001050
Incorporation Date
27 March 1982
Authorized Capital
₹12,200.00 Cr
Paid-Up Capital
₹5,926.26 Cr
ROC Code
Roc Cuttack
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 12,200.00 Cr as on 22-12-2025
Paid Up Capital ₹ 5,926.26 Cr as on 22-12-2025
Company Age 44 Year, 3 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 1,265.55 Cr as on 22-12-2025
Satisfied Charges ₹ 6,753.24 Cr as on 22-12-2025
Revenue Growth **** 557.45% (FY 2023)
Profit Growth **** -10.03% (FY 2023)
Ebitda **** -232.45% (FY 2023)
Net Worth 56.56% (FY 2023)
Total Assets **** 5.75% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Neelachal Ispat Nigam Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Neelachal Ispat Nigam Ltd?

Current Directors

Name	Designation	Appointment Date	Status
Koushik Chatterjee	Director	04 Jul 2022	Current
Srikumar Menon	Director	04 Jul 2022	Current
Ansuman Das	Director	04 Jul 2022	Current
Uttam Singh	Additional Director	23 Apr 2025	Current
Narendran Viswanath Thachat	Director	04 Jul 2022	Current
Ashish Anupam	Director	04 Jul 2022	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Nominee Director	30 Dec 2014	Past
Pramod Abcsdd	Nominee Director	18 Sep 2012	Past
Pramod Abcsdd	Managing Director	26 Sep 2009	Past
Pramod Abcsdd	Nominee Director	31 May 2019	Past
Pramod Abcsdd	Additional Director	30 Sep 2022	Past
Pramod Abcsdd	Nominee Director	25 Mar 2015	Past

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Financial Performance of Neelachal Ispat Nigam.

Neelachal Ispat Nigam Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 557.45% increase. The company also saw a substantial fall in profitability, with a 10.03% decrease in profit. The company's net worth Soared by an impressive increase of 56.56%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

557.45%

*******

Revenue from Operations

*******

541.42%

*******

Total Assets

*******

5.75%

*******

Profit or Loss

*******

-10.03%

*******

Net Worth

*******

56.56%

*******

EBITDA

*******

-232.45%

*******

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What is the Ownership and Shareholding Structure of Neelachal Ispat Nigam?

In 2023, Neelachal Ispat Nigam had a promoter holding of 97.92% and a public holding of 2.09%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹12,655,500,000.00

Satisfied Charges

₹67,532,429,546.00

Charges Breakdown by Lending Institutions

Axis Bank Limited : 510.00 Cr
Hdfc Bank Limited : 500.00 Cr
Industrial Developmeant Bank Of India : 75.00 Cr
Industerial Developoment Bank Of India : 70.00 Cr
Industrial Development Bank Of India : 35.50 Cr
Others : 75.05 Cr

Latest Charge Details

Date	Lender	Amount	Status
25 Nov 2025	Hdfc Bank Limited	₹500.00 Cr	Open
06 Jul 2022	Axis Bank Limited	₹510.00 Cr	Open
18 Sep 2002	Industrial Developmeant Bank Of India	₹75.00 Cr	Open
27 Mar 2002	Ifci Limited	₹26.00 Cr	Open
12 Oct 1999	Liffe Insurande Corporation Of India	₹15.00 Cr	Open

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How Many Employees Work at Neelachal Ispat Nigam?

Neelachal Ispat Nigam has a workforce of 1299 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Neelachal Ispat Nigam, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Neelachal Ispat Nigam's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Neelachal Ispat Nigam

Recent Activity within the Organization

Charges

The activity A charge with Hdfc Bank Limited amounted to Rs. 500.00 Cr with Charge ID 101201669 was registered on 25 Nov 2025. was completed.
25 Nov 2025
Director Appointment

The activity Padmapal was appointed as a Ceo was appointed as a Ceo on 22 Nov 2025 & has been associated with this company since 7 months 15 days . was completed.
22 Nov 2025
Director Appointment

The activity Padmapal was appointed as a Managing Director was appointed as a Managing Director on 15 Nov 2025 & has been associated with this company since 7 months 22 days . was completed.
15 Nov 2025
Annual General Meeting

Neelachal Ispat Nigam Ltd last Annual general meeting of members was held on 02 Sep 2025 as per latest MCA records. was recorded as a recent event.
02 Sep 2025
Director Appointment

Progress on Pooja Kishore Maru was appointed as a Company Secretary was appointed as a Company Secretary on 18 Aug 2025 & has been associated with this company since 10 months 19 days . was documented.
18 Aug 2025
Director Appointment

The activity Uttam Singh was appointed as a Additional Director was appointed as a Additional Director on 23 Apr 2025 & has been associated with this company since 1 year 2 months . was completed.
23 Apr 2025

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