About Nezone Alloys Limited
Data last updated:
Nezone Alloys Limited is a public limited company based in Byrnihat, Meghalaya, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 30 May 2002.
The company is registered with the Registrar of Companies (ROC), Guwahati, under CIN U27106ML2002PLC006833. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.99 Cr. It is led by directors including Narayan Agarwala and Sanwar Mal Agarwala.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No 10 & 11 E P I P Industrial Area Umtru Road, Byrnihat, Meghalaya, India – 793101.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.24 Lakh, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹10.13 Lakh (net margin 312.2%) and EBITDA of ₹12 Lakh (EBITDA margin 369.9%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹4.8 Cr and satisfied charges of ₹6.55 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company.
The last known website on record is nezonesteel.com.
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- Registered AddressPlot No 10 & 11 E P I P Industrial Area Umtru Road, Byrnihat, Meghalaya, India – 793101
- IndustryMetals and Minerals, Steel Manufacturing & Processing
- 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
Financials of Nezone Alloys Limited FY 2024 filings available
Nezone Alloys Limited reported revenue of ₹3.24 Lakh (down 24% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Nezone Alloys Limited
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 24% fall in the latest year. EBITDA rose 139% 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 Nezone Alloys 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 | ₹12 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.13 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 Nezone Alloys Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 369.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 312.2% | •••• | •••• | •••• | •••• |
| 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 Nezone Alloys 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 Nezone Alloys Limited
Nezone Alloys Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Steel). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Samarpan Steels Private Limited | ₹3.33 Lakh (FY 2024) | •••• | •••• | 67.0% | •••• | Kolkata, West Bengal, India |
| Vir Alloys and Steel Company Private Limited | ₹3.28 Lakh (FY 2023) | •••• | •••• | -99.0% | •••• | Mumbai, Maharashtra, India |
| Vasant Steel and Wire Private Limited | ₹3.28 Lakh (FY 2025) | •••• | •••• | 17.0% | •••• | Pune, Maharashtra, India |
| Leyen Industries Private Limited | ₹3.27 Lakh (FY 2025) | •••• | •••• | -49.0% | •••• | New Delhi, Delhi, India |
| Nonstop Plantation Ltd | ₹3.26 Lakh (FY 2024) | •••• | •••• | 40.0% | •••• | Kolkata, West Bengal, India |
| Nezone Alloys Limited this company | ₹3.24 Lakh (FY 2024) | •••• | •••• | -24.0% | •••• | Byrnihat, Meghalaya, India |
| B.N.Castings & Forgings Private Limited | ₹3.24 Lakh (FY 2025) | •••• | •••• | 8.0% | •••• | Ranchi, Jharkhand, India |
| Bask Iron & Steel Company Private Limited | ₹3.23 Lakh (FY 2025) | •••• | •••• | 21.0% | •••• | Raniganj, West Bengal, India |
| A.D.V. Steel Private Limited | ₹3.21 Lakh (FY 2025) | •••• | •••• | -37.0% | •••• | Muzaffarpur, Bihar, India |
| Sagaa Finserv Advisory Private Limited | ₹3.21 Lakh (FY 2022) | •••• | •••• | -99.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Shree Yogi Steel Private Limited | ₹3.18 Lakh (FY 2024) | •••• | •••• | -100.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Nezone Alloys by revenue in the Metals and Minerals industry (Steel), 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 Nezone Alloys Limited
Nezone Alloys Limited is audited by SANJOY K DAS & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SANJOY K DAS & CO | 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 Nezone Alloys Limited
Nezone Alloys has 7 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narayan Agarwala Also directs: Nezone Tubes (Assam) Limited, Shree Shyam Devcon Private Limited, Shree Shyam Devcon LLP and 4 more | Director | 10 Sep 2002 | 24 Years 1 Months | As last reported |
| Sanwar Mal Agarwala Also directs: North Eastern Tubes Ltd, Nezone Strips Limited, Nezone Tubes (Assam) Limited and 5 more | Director | 07 Dec 2006 | 19 Years 10 Months | As last reported |
| Subhash Chandra Agarwala Also directs: North Eastern Tubes Ltd, Nezone Strips Limited, Nezone Tubes (Assam) Limited and 5 more | Director | 30 May 2002 | 24 Years 4 Months | As last reported |
| Amit Agarwal Also directs: North Eastern Tubes Ltd, Nezone Tubes (Utkal) Limited, Sukreswar Mahadev Ispat Limited and 3 more | Director | 10 Jan 2005 | 21 Years 9 Months | As last reported |
| Manoj Beswal Also directs: Nezone Steels (WB) LLP, Nezone Steels Utkal LLP, Jai Balaji Mercantiles LLP and 5 more | Director | 01 Feb 2004 | 22 Years 8 Months | As last reported |
| Madan Lal Beswal | Director | 30 May 2002 | 24 Years 4 Months | As last reported |
Ownership and Shareholding of Nezone Alloys 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 Nezone Alloys Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Oct 2003 | State Bank of India | ₹1.75 Cr | Satisfied |
| 30 Sep 2003 | State Bank of India | ₹4.8 Cr | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Nezone Alloys Limited
Nezone Alloys Limited has 5 court cases on record: 5 filed by Nezone Alloys. All cases are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Meghalaya | Court case (Cont.Cas(C)) | Filed by the company against an individual | Disposed |
| High Court of Meghalaya | Court case (MC(WPC)) | Filed by the company against Union of India | Disposed |
| High Court of Meghalaya | Writ petition | Filed by the company against Union of India and 4 Ors | Disposed |
| High Court of Meghalaya | Writ petition | Filed by the company against Union of India | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Nezone Alloys Limited
Employment history and EPFO contributions of people linked to Nezone Alloys.
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 Nezone Alloys Limited
Nezone Alloys has one previous CIN (Corporate Identification Number): U27106ML2002PTC006833. The current CIN is U27106ML2002PLC006833, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27106ML2002PLC006833 | Current |
| U27106ML2002PTC006833 | Previous |
Recent Activity on Nezone Alloys Limited
Nezone Alloys Limited has 8 board changes on record since 2002: 7 appointments and 1 cessation. The latest: Purshotam Gaggar was appointed as Irp/Rp/Liquidator on 20 Feb 2025.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Nezone Alloys 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.
MSME Payment Delays by Nezone Alloys Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Nezone Alloys 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 Nezone Alloys Limited
Nezone Alloys has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Nezone Alloys 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 Nezone Alloys Limited
Nezone Alloys is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Nezone Alloys is a company under liquidation, formerly operating as a public limited company based in Byrnihat, Meghalaya, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 30 May 2002 and is registered under CIN U27106ML2002PLC006833. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Nezone Alloys reported revenue of ₹3.24 Lakh for FY 2024 (down 24% YoY).
Nezone Alloys has 7 current directors:
- Narayan Agarwala - Director
- Sanwar Mal Agarwala - Director
- Subhash Chandra Agarwala - Director
- Amit Agarwal - Director
- Manoj Beswal - Director
- Madan Lal Beswal - Director
- Purshotam Gaggar - Irp/Rp/Liquidator
Nezone Alloys reported a net profit of ₹10.13 Lakh (net margin 312.2%) and EBITDA of ₹12 Lakh (EBITDA margin 369.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nezone Alloys is -15% over three years and -10% over five years. In the latest year (FY 2024) revenue fell 24%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Nezone Alloys is U27106ML2002PLC006833. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nezone Alloys has open charges of ₹4.8 Cr and satisfied charges of ₹6.55 Cr as per latest MCA filings.
Nezone Alloys has 5 court cases on record: 5 filed by the company.
Nezone Alloys was incorporated on 30 May 2002. It is registered with the Registrar of Companies, Guwahati.
The peers of Nezone Alloys by revenue are Samarpan Steels Private Limited, Vir Alloys and Steel Company Private Limited, Vasant Steel and Wire Private Limited, Leyen Industries Private Limited, Nonstop Plantation Ltd and 5 more, all in the Metals and Minerals industry (Steel).