About Nezone Tubes (TN) Limited
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Nezone Tubes (TN) Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 20 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U28100WB2018PLC227923. Its GSTIN is 19AAGCN2032G1ZO (West Bengal). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.07 Cr. It is led by directors including Subhash Chandra Agarwala (Whole-Time Director) and Akshit Agarwala (Whole-Time Director).
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Nezone House 19 Jatin Das Road, Kolkata, West Bengal, India – 700029.
As per the financials filed for FY 2025, the company reported a revenue of ₹893.64 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹9.97 Cr (net margin 1.1%) and EBITDA of ₹30.79 Cr (EBITDA margin 3.4%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years.
The company has about 184 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹232 Cr and satisfied charges of ₹443 Cr on record. The company has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in March 2024. Its 9 peer companies in the Metals and Minerals industry (Pipes, Steel), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger and 5 smaller; the largest is Aarti Sponge and Power Limited with revenue of ₹901.8 Cr.
For more details, the company can be reached via its website nezonestel.com.
Company details
Contact details
Nezone Tubes (TN) Limited's registered office is in Kolkata, West Bengal. Its website is nezonestel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNezone House 19 Jatin Das Road, Kolkata, West Bengal, India – 700029
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Nezone Tubes (TN) 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 Nezone Tubes (TN) is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Nezone Tubes (TN) Limited, buy the company report.
Financials of Nezone Tubes (TN) Limited
FY 2025 filings availableNezone Tubes (TN) Limited reported revenue of ₹893.64 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 31% over three years, including 2% growth in the latest year. EBITDA fell 30% 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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| EBITDA | ₹30.79 Cr | ||||
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| Net Profit (PAT) | ₹9.97 Cr | ||||
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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 | 3.4% | ||||
| Net Profit Margin | 1.1% | ||||
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To see the full financial statements and ratios of Nezone Tubes (TN) Limited, buy the company report.
Board of directors of Nezone Tubes (TN) Limited
Nezone Tubes (TN) has 9 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradip Kumar Agarwal | Director | 20 Sep 2018 | 8 Years 1 Months | Current |
| Subhash Chandra Agarwala | Whole-Time Director | 24 Jan 2020 | 6 Years 9 Months | Current |
| Sujit Roy Also directs: Nezone Tubes (Utkal) Limited | Director | 30 Mar 2021 | 5 Years 6 Months | Current |
| Manoj Beswal | Director | 20 Sep 2018 | 8 Years 1 Months | Current |
| Sanwar Mal Agarwala | Director | 20 Sep 2018 | 8 Years 1 Months | Current |
| Akshit Agarwala | Whole-Time Director | 20 Sep 2018 | 8 Years 1 Months | Current |
Peer comparison
Nezone Tubes (TN) Limited is compared with the 9 companies closest to it by revenue in the Metals and Minerals industry (Pipes, Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aarti Sponge and Power Limited | ₹901.8 Cr (FY 2025) | 3.0% | Raipur, Chhattisgarh, India | |||
| Bhuleshwar Steel and Alloys Pvt Ltd | ₹899.67 Cr (FY 2025) | -6.0% | Pune, Maharashtra, India | |||
| Alaknanda Sponge Iron Limited | ₹898.99 Cr (FY 2024) | 2.0% | Kolkata, West Bengal, India | |||
| Ratnaveer Precision Engineering Limited | ₹895.91 Cr (FY 2025) | 49.0% | Vadodara, Gujarat, India | |||
| Nezone Tubes (TN) Limitedthis company | ₹893.64 Cr (FY 2025) | ₹9.97 Cr | 1.1% | 2.0% | 184 | Kolkata, West Bengal, India |
| Eloquent Steel Private Limited | ₹888.7 Cr (FY 2025) | 96.0% | Kolkata, West Bengal, India | |||
| Nezone Tubes (Utkal) Limited | ₹877.5 Cr (FY 2025) | 2.0% | Kolkata, West Bengal, India | |||
| Jai Raj Ispat Ltd | ₹876.74 Cr (FY 2025) | 0.0% | Kolkata, West Bengal, India | |||
| Maan Steel & Power Limited | ₹876.13 Cr (FY 2025) | 0.0% | Kolkata, West Bengal, India | |||
| Pulkit Metals Private Limited | ₹875.52 Cr (FY 2025) | -3.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Nezone Tubes (TN) Limited, buy the company report.
Auditor
Nezone Tubes (TN) Limited is audited by BOB ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BOB ASSOCIATES | FY 2023 | 008609S |
Shareholding
The shareholding of Nezone Tubes (TN) Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2019 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Nezone Tubes (TN) Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Feb 2023 | 100677078 | Axis Bank Limited | ₹230 Cr | Open | |
| 08 Nov 2021 | 100498982 | The Hongkong and Shanghai Banking Corporation Limited | ₹2 Cr | Open | |
| 21 Oct 2022 | 100624710 | Axis Bank Limited | ₹30 Cr | Satisfied | |
| 13 May 2022 | 100575392 | Axis Bank Limited | ₹188 Cr | Satisfied | |
| 23 Sep 2021 | 100489545 | State Bank of India | ₹105 Cr | Satisfied |
To see the full charge records of Nezone Tubes (TN) Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Nezone Tubes (TN) Limited has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in March 2024.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Manish Agarwala & Sons HUF, Bajrang Lal Agarwala & Sons HUF, Madan Lal Beswala & Sons |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Puja Vanijya Viniyog Ltd , 3 individuals Seller: Frigid Vyapaar Pvt Ltd , Baxiram Agarwala HUF, 2 individuals |
| Dec 2022 | Rights issue | ₹20.3 Cr | Investors: 4 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Nezone Tubes (TN) Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Nezone Tubes (TN) Limited was last rated by Icra on 06 Apr 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 06 Apr 2021 |
To see the full credit ratings and regulatory alerts of Nezone Tubes (TN) Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nezone Tubes (TN) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nezone Tubes (TN) Limited has a workforce of 184 employees on its EPFO records as of Oct 10, 2025, across 1 active EPFO establishment.
GST
Nezone Tubes (TN) has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAGCN2032G1ZO | West Bengal | Active | 19 Aug 2021 |
| 33AAGCN2032G1ZY | Tamil Nadu | Active | 20 Oct 2020 |
| 33AAGCN2032G2ZX | Tamil Nadu | Active | 01 Jul 2025 |
To see the full GST registrations and return filing status of Nezone Tubes (TN) Limited, buy the company report.
Recent activity
Nezone Tubes (TN) Limited has 11 board changes on record since 2018: 10 appointments and 1 cessation. The latest: Madan Lal Beswal ceased to be Individual Promoter on 10 Oct 2025.
17 earlier events are in the company report.
Frequently asked questions
Nezone Tubes (TN) is an active public limited company based in Kolkata, West Bengal, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 20 September 2018 (8+ years old) and is registered under CIN U28100WB2018PLC227923.
Nezone Tubes (TN) has 9 current directors:
- Subhash Chandra Agarwala - Whole-Time Director
- Akshit Agarwala - Whole-Time Director
- Shreya Agarwala - Whole-Time Director
- Pradip Kumar Agarwal - Director
- Sujit Roy - Director
- Manoj Beswal - Director
- Sanwar Mal Agarwala - Director
- Sumanta Kumar Sarkar - Director
- Manish Agarwal - Director
The latest financial statements of Nezone Tubes (TN) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Nezone Tubes (TN) is 19AAGCN2032G1ZO, registered in West Bengal. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 33AAGCN2032G1ZY (Tamil Nadu), 33AAGCN2032G2ZX (Tamil Nadu).
The CIN (Corporate Identification Number) of Nezone Tubes (TN) is U28100WB2018PLC227923. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nezone Tubes (TN) was incorporated on 20 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Kolkata.
Nezone Tubes (TN) has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in March 2024.
The peers of Nezone Tubes (TN) by revenue are Aarti Sponge and Power Limited, Bhuleshwar Steel and Alloys Pvt Ltd, Alaknanda Sponge Iron Limited, Ratnaveer Precision Engineering Limited, Eloquent Steel Private Limited and 4 more, all in the Metals and Minerals industry (Pipes, Steel), with the same principal business activity (metal and metal products).
Madan Lal Beswal ceased to be Individual Promoter on 10 Oct 2025. Manish Agarwal was appointed as Director on 01 Apr 2025. Shreya Agarwala was appointed as Whole-Time Director on 03 Sep 2021. Nezone Tubes (TN) has 11 board changes on record in total.
Nezone Tubes (TN) can be reached through the website nezonestel.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of Nezone Tubes (TN) is at Nezone House 19 Jatin Das Road, Kolkata, West Bengal, India – 700029.