Neelachal Ispat Nigam Ltd Company Logo

Neelachal Ispat Nigam Ltd - Company Profile

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

1982 | Bhubaneswar, Orissa, India | Active
Last Updated:

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 ₹765.55 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 Indicators

  • Authorised Capital ₹ 12,200.00 Cr
  • Paid Up Capital ₹ 5,926.26 Cr
  • Company Age 43 Year, 8 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 765.55 Cr
  • Satisfied Charges ₹ 6,753.24 Cr
  • Revenue Growth 557.45%
  • Profit Growth -10.03%
  • Ebitda -232.45%
  • Net Worth 56.56%
  • Total Assets 5.75%
Company report

Neelachal Ispat Nigam Ltd

Company Report FY 2025-2026

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

NameDesignationAppointment DateStatus
Koushik ChatterjeeDirector04 Jul 2022Current
Srikumar MenonDirector04 Jul 2022Current
Ansuman DasDirector04 Jul 2022Current
Uttam SinghAdditional Director23 Apr 2025Current
Narendran Viswanath ThachatDirector04 Jul 2022Current
Ashish AnupamDirector04 Jul 2022Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddNominee Director30 Dec 2014Past
Pramod AbcsddNominee Director18 Sep 2012Past
Pramod AbcsddManaging Director26 Sep 2009Past
Pramod AbcsddNominee Director31 May 2019Past
Pramod AbcsddAdditional Director30 Sep 2022Past
Pramod AbcsddNominee Director25 Mar 2015Past

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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%.

Neelachal Ispat Nigam revenue growth over time
Neelachal Ispat Nigam profit and loss trends over time
  • 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%

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 Indicator graph

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Charges (Loans)

Open Charges

₹7,655,500,000.00

Satisfied Charges

₹67,532,429,546.00

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 510.00 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
  • Ifci Limited : 26.00 Cr
  • Others : 49.05 Cr

Latest Charge Details

DateLenderAmountStatus
06 Jul 2022Axis Bank Limited₹510.00 CrOpen
18 Sep 2002Industrial Developmeant Bank Of India₹75.00 CrOpen
27 Mar 2002Ifci Limited₹26.00 CrOpen
12 Oct 1999Liffe Insurande Corporation Of India₹15.00 CrOpen
03 Jul 1998Industerial Developoment Bank Of India₹70.00 CrOpen

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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 growth trends for Neelachal Ispat Nigam Ltd

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

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.

Latest Updates, News, and FAQs on Neelachal Ispat Nigam

Recent Activity within the Organization

  • Director Appointment

    Progress on Padmapal was appointed as a Ceo was appointed as a Ceo on 22 Nov 2025 & has been associated with this company since 16 days . was documented.

  • Director Appointment

    Progress on Padmapal was appointed as a Managing Director was appointed as a Managing Director on 15 Nov 2025 & has been associated with this company since 23 days . was documented.

  • 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.

  • Director Appointment

    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 3 months 22 days . was recorded as a recent event.

  • 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 7 months 17 days . was completed.

  • Balance Sheet

    Progress on Neelachal Ispat Nigam Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack. was documented.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of Neelachal Ispat Nigam Ltd?

    The CIN of Neelachal Ispat Nigam Ltd is U27109OR1982PLC001050.

  • Where is Neelachal Ispat Nigam Ltd headquartered?

    Neelachal Ispat Nigam Ltd is headquartered at Samabaya Bhawan,, 4Th Floor, Unit 9, Janpath, Bhubaneswar, Orissa, 751022.

  • When was Neelachal Ispat Nigam Ltd incorporated?

    Neelachal Ispat Nigam Ltd was incorporated on 27 March 1982.

  • Who are the current directors of Neelachal Ispat Nigam Ltd?

    The current directors of Neelachal Ispat Nigam Ltd are

  • What is the primary industry of Neelachal Ispat Nigam Ltd?

    The primary industry of Neelachal Ispat Nigam Ltd is Manufacturing.

  • Is Neelachal Ispat Nigam Ltd a listed company?

    Neelachal Ispat Nigam Ltd is unlisted.

  • What is the capital structure of Neelachal Ispat Nigam Ltd?

    The authorized capital of Neelachal Ispat Nigam Ltd is ₹12,200.00 Cr, and the paid-up capital is ₹5,926.26 Cr.

  • What is the compliance status of Neelachal Ispat Nigam Ltd?

    The compliance status of Neelachal Ispat Nigam Ltd is Compliant.

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