
Neptune Steel Strips Limited
About Neptune Steel Strips Limited
Data last updated:
Neptune Steel Strips Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 26 July 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27100MH1991PLC062694. Its GSTIN is 27AAACN3478N1ZY (Maharashtra).
The company has an authorised share capital of ₹68 Cr and a paid-up capital of ₹63.11 Cr. It was formerly known as Kma Steel Strips P Ltd. It is led by directors including Antoo Kochappan Kallan (Managing Director) and Rachana Shashank Vijayakar.
Its last annual general meeting (AGM) was held on 30 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 24/26 Cama Building 1st Floor Dalal Street Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹46.76 Lakh, a growth of 94% compared to the previous year. For the same year it recorded a net profit of ₹19.42 Lakh (net margin 41.5%) and EBITDA of ₹28.76 Lakh (EBITDA margin 61.5%). Revenue has grown at a compounded annual rate (CAGR) of 163% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹102.5 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Neptune Steel Strips has one previous CIN (Corporate Identification Number): U27100MH1991PTC062694. The current CIN is U27100MH1991PLC062694, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27100MH1991PLC062694 | Current |
| U27100MH1991PTC062694 | Previous |
Contact details
Neptune Steel Strips Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address24/26 Cama Building 1st Floor Dalal Street Fort, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Neptune Steel Strips Limited, 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 Neptune Steel Strips is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Neptune Steel Strips Limited, buy the company report.
Financials of Neptune Steel Strips Limited
FY 2025 filings availableNeptune Steel Strips Limited reported revenue of ₹46.76 Lakh (up 94% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 94% growth in the latest year. EBITDA rose 287% 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 | ₹28.76 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹19.42 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 | 61.5% | ||||
| Net Profit Margin | 41.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Neptune Steel Strips Limited, buy the company report.
Board of directors of Neptune Steel Strips Limited
Neptune Steel Strips has 6 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Peer comparison
Neptune Steel Strips Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Large NBFC, Mid Sized Non Deposit NBFC, NBFC Investment and Credit Companies), with the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fastlend Capital Limited | ₹46.92 Lakh (FY 2025) | 66.0% | Bhopal, Madhya Pradesh, India | |||
| MTV Investment and Finance Private Limited | ₹46.88 Lakh (FY 2025) | 10.0% | New Delhi, Delhi, India | |||
| Raghuvir Suppliers Pvt.Ltd. | ₹46.85 Lakh (FY 2025) | -20.0% | Kolkata, West Bengal, India | |||
| Neptune Steel Strips Limitedthis company | ₹46.76 Lakh (FY 2025) | ₹19.42 Lakh | 41.5% | 94.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Neptune Steel Strips Limited, buy the company report.
Auditor
Neptune Steel Strips Limited is audited by A N DAMANIA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A N DAMANIA & CO | FY 2021 | 102077W |
Shareholding
The shareholding of Neptune Steel Strips Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Neptune Steel Strips Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Aug 2019 | 100279743 | Others | ₹102.5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Neptune Steel Strips Limited has 6 court cases on record: 5 filed by Neptune Steel Strips, 1 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| NCLT | 2 | 0 | 0 |
| District courts | 1 | 1 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed by the company against Dinanatha Developers Private Limited | Disposed |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed by the company against Ericsson India Private Ltd. Through Its Director Legal Department, Ericsson Forum DLF Cybercity, Sector 25A, Gurugram , District: Gurugram ,Gurgaon , Haryana and 6 others | Disposed |
| District court, Central, Delhi | Criminal case | Filed against the company by an individual | Pending |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Kunjbihari Developers Private Limited | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
To see the full case history of Neptune Steel Strips Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Neptune Steel Strips Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Neptune Steel Strips has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN3478N1ZY | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Neptune Steel Strips Limited, buy the company report.
Recent activity
Neptune Steel Strips Limited has 14 board changes on record since 1991: 6 appointments and 8 cessations. The latest: Sagar Yadav ceased to be Additional Director on 29 Sep 2024.
6 earlier events are in the company report.
Frequently asked questions
Neptune Steel Strips is an active public limited company based in Mumbai, Maharashtra, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 26 July 1991 (35+ years old) and is registered under CIN U27100MH1991PLC062694.
Neptune Steel Strips has 6 current directors:
- Antoo Kochappan Kallan - Managing Director
- Rachana Shashank Vijayakar - Director
- Pradip Ratilal Shroff - Director
- Satyam Pradip Shroff - Director
- Shashank Shripad Vijayakar - Director
- Sagar Yadav - Director
The latest financial statements of Neptune Steel Strips on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 November 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Neptune Steel Strips is 27AAACN3478N1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Neptune Steel Strips is U27100MH1991PLC062694. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neptune Steel Strips has 6 court cases on record: 5 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Neptune Steel Strips was incorporated on 26 July 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Neptune Steel Strips by revenue are Fastlend Capital Limited, MTV Investment and Finance Private Limited, Raghuvir Suppliers Pvt.Ltd, all in the BFSI industry (Large NBFC, Mid Sized Non Deposit NBFC, NBFC Investment and Credit Companies), with the same principal business activity (activities auxiliary to financial service and insurance activities).
Sagar Yadav ceased to be Additional Director on 29 Sep 2024. Sagar Yadav was appointed as Director on 02 Sep 2024. Shashank Shripad Vijayakar ceased to be Additional Director on 30 Sep 2022. Neptune Steel Strips has 14 board changes on record in total.
The registered office of Neptune Steel Strips is at 2426 Cama Building 1st Floor Dalal Street Fort, Mumbai, Maharashtra, India – 400001.
Neptune Steel Strips operates in the financial services industry, in the investment and credit nbfc segment.

