Nihar Steels Private Limited - Company Profile

It is a metals and minerals private limited company based in Nagpur, Maharashtra, India, established in 2006.
2006 Nagpur, Maharashtra, India Active
Last Updated:
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About Nihar Steels Private Limited

Nihar Steels Private Limited, a active private limited company, was established on 17 February 2006 in Nagpur, Maharashtra, India. Engaging in metal retail & distribution within the trade sector, it holds CIN: U99999MH2006PTC159816. Registered under ROC Roc Nagpur. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹5.45 M.

It upholds a active non-compliant status. Its leadership includes Jaya Pankaj Rathi (Director), Pankaj Rathi (Managing Director). It holds ₹25.00 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2016, with the balance sheet filed on 31 March 2016. It is based at Manglam 225,Hill Rd,Shivajinagar,Nagpur, Nagpur, Maharashtra, 440010.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U99999MH2006PTC159816

  • Registration Number

    159816

  • Incorporation Date

    17 February 2006

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹5.45 M

  • ROC Code

    Roc Nagpur

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.45 M
  • Company Age 20 Year, 16 Days
  • Last Filing with ROC 31 Mar 2016
  • Open Charges ₹ 25.00 Cr
  • Revenue Growth **** -28.52%
  • Profit Growth **** -22.15%
  • Ebitda **** -28.37%
  • Net Worth 5.72%
  • Total Assets **** 2.30%
Company report

Nihar Steels Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Nihar Steels Private Limited — 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 Nihar Steels Private Limited?
Current Directors
Name Designation Appointment Date Status
Jaya Pankaj Rathi Director 10 Feb 2006 Current
Pankaj Rathi Managing Director 01 Apr 2008 Current

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Financial Performance of Nihar Steels.

Nihar Steels Private Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 28.52% decrease. The company also saw a substantial fall in profitability, with a 22.15% decrease in profit. The company's net worth moved up by a moderate rise of 5.72%.

Nihar Steels revenue growth over time
Nihar Steels profit and loss trends over time
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
  • 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
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 -28.52%
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Revenue from Operations
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 -28.87%
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*******
*******
Total Assets
*******
 2.30%
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*******
*******
*******
Profit or Loss
*******
 -22.15%
*******
*******
*******
*******
Net Worth
*******
 5.72%
*******
*******
*******
*******
EBITDA
*******
 -28.37%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Nihar Steels?

In 2016, Nihar Steels had a promoter holding of 92.61% and a public holding of 7.39%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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

₹250,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Ing Vysya Bank Limited : 25.00 Cr
Latest Charge Details
Date Lender Amount Status
21 Mar 2009 Ing Vysya Bank Limited ₹25.00 Cr Open

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How Many Employees Work at Nihar Steels?

Unlock and access historical data on people associated with Nihar Steels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nihar Steels, 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 Nihar Steels's trajectory.

Rating
Graph displaying rating trends over time

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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.

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Latest Updates, News, and FAQs on Nihar Steels
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Nihar Steels Private Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Nihar Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Nagpur. was documented.

  • Charges

    Progress on A charge with Ing Vysya Bank Limited of Rs. 25.00 Cr registered on 21 Mar 2009 with Charge ID 10155811 was modified on 08 Jun 2013. was documented.

  • Charges

    A charge with Ing Vysya Bank Limited amounted to Rs. 25.00 Cr with Charge ID 10155811 was registered on 21 Mar 2009. was recorded as a recent event.

  • Director Appointment

    The activity Pankaj Rathi was appointed as a Managing Director was appointed as a Managing Director on 01 Apr 2008 & has been associated with this company since 17 years 11 months . was completed.

  • Director Appointment

    Progress on Jaya Pankaj Rathi was appointed as a Director was appointed as a Director on 10 Feb 2006 & has been associated with this company since 20 years 23 days . was documented.

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Frequently Asked Questions
What is the CIN of Nihar Steels Private Limited?

The CIN of Nihar Steels Private Limited is U99999MH2006PTC159816.

Where is Nihar Steels Private Limited headquartered?

Nihar Steels Private Limited is headquartered at Manglam 225,Hill Rd,Shivajinagar,Nagpur, Nagpur, Maharashtra, 440010.

When was Nihar Steels Private Limited incorporated?

Nihar Steels Private Limited was incorporated on 17 February 2006.

Who are the current directors of Nihar Steels Private Limited?

The current directors of Nihar Steels Private Limited are

What is the primary industry of Nihar Steels Private Limited?

The primary industry of Nihar Steels Private Limited is Trade.

Is Nihar Steels Private Limited a listed company?

Nihar Steels Private Limited is unlisted.

What is the capital structure of Nihar Steels Private Limited?

The authorized capital of Nihar Steels Private Limited is ₹1.00 Cr, and the paid-up capital is ₹5.45 M.

What is the compliance status of Nihar Steels Private Limited?

The compliance status of Nihar Steels Private Limited is Active Non-Compliant.

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