Nihar Steels Private Limited
About Nihar Steels Private Limited
Data last updated:
Nihar Steels Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 17 February 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U99999MH2006PTC159816. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹54.53 Lakh. It is led by directors Pankaj Rathi (Managing Director) and Jaya Pankaj Rathi.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Manglam 225 Hill Rd Shivajinagar Nagpur, Maharashtra, India – 440010.
As per the financials filed for FY 2016, the company reported a revenue of ₹64.67 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net profit of ₹27.31 Lakh (net margin 0.4%) and EBITDA of ₹2.53 Cr (EBITDA margin 3.9%).
As per MCA filings, the company has open charges of ₹25 Cr on record. Court records list 8 cases involving the company, including 6 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressManglam 225 Hill Rd Shivajinagar Nagpur, Maharashtra, India – 440010
- IndustryMetals and Minerals, Metal Retail & Distribution
- 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
Business Activity of Nihar Steels Private Limited
The main business activity of Nihar Steels is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Nihar Steels Private Limited FY 2016 filings available
Nihar Steels Private Limited reported revenue of ₹64.67 Cr (down 29% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR) of Nihar Steels Private Limited
Revenue fell 29% in the latest year. EBITDA fell 18% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Nihar Steels Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | ₹64.67 Cr | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | ₹2.53 Cr | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹27.31 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 Nihar Steels Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 3.9% | •••• |
| Net Profit Margin | 0.4% | •••• |
| 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 Nihar Steels 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.
Board of Directors of Nihar Steels Private Limited
Nihar Steels has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaya Pankaj Rathi | Director | 10 Feb 2006 | 20 Years 8 Months | Current |
| Pankaj Rathi Also directs: Gomez Food Art Private Limited | Managing Director | 01 Apr 2008 | 18 Years 6 Months | Current |
Peer Comparison of Nihar Steels Private Limited
Nihar Steels Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rekha Bright Steels Private Limited | ₹65.15 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| Ldprime Solutions Private Limited | ₹65.04 Cr (FY 2025) | •••• | •••• | 164.0% | •••• | Nagpur, Maharashtra, India |
| Shree Yug Ispat Private Limited | ₹64.86 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Ahmedabad, Gujarat, India |
| Lucia Overseas Private Limited | ₹64.78 Cr (FY 2021) | •••• | •••• | 252.0% | •••• | New Delhi, Delhi, India |
| Anirveda Iron and Steel Private Limited | ₹64.75 Cr (FY 2025) | •••• | •••• | -38.0% | •••• | Raipur, Chhattisgarh, India |
| Nihar Steels Private Limited this company | ₹64.67 Cr (FY 2016) | •••• | •••• | -29.0% | •••• | Nagpur, Maharashtra, India |
| RVL Metallics India Private Limited | ₹64.54 Cr (FY 2024) | •••• | •••• | 337.0% | •••• | Tikamgarh, Madhya Pradesh, India |
| V.S. Iron Private Limited | ₹64.52 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Delhi, India |
| Luxmi Cloro Chem Private Limited | ₹64.5 Cr (FY 2025) | •••• | •••• | 81.0% | •••• | Jodhpur, Rajasthan, India |
| Durferrit Asea Private Limited | ₹64.44 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Chengalpattu, Tamil Nadu, India |
| Sikka Metals Private Limited | ₹64.41 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Nihar Steels by revenue in the Metals and Minerals industry (Metal Retail and Distribution), 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 Nihar Steels Private Limited
Nihar Steels Private Limited is audited by P V R S & ASSOCIATES for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P V R S & ASSOCIATES | 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.
Ownership and Shareholding of Nihar Steels Private 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 Nihar Steels Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Mar 2009 | Ing Vysya Bank Limited | ₹25 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Nihar Steels Private Limited
Nihar Steels Private Limited has 8 court cases on record: 6 filed by Nihar Steels, 2 filed against it. 1 case is pending and 7 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 1 | 1 |
| High courts | 3 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against Omkar Gratings Private Limited | Disposed |
| Madras High Court | Company petition | Filed by the company against Cethar Limited | Disposed |
| Madras High Court | Court case (COMP.A) | Filed by the company against Cethar Limited | Disposed |
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against Srinivasa Constructions Corpo. Pvt. Ltd | Pending |
| Bombay High Court | Writ petition | Filed against the company by Nidhi Traders THR. Its | Disposed |
Full case history
All 8 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 Nihar Steels Private Limited
Employment history and EPFO contributions of people linked to Nihar Steels.
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.
Recent Activity on Nihar Steels Private Limited
Nihar Steels Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Pankaj Rathi was appointed as Managing Director on 01 Apr 2008.
Credit Ratings, Litigation & Regulatory Alerts for Nihar Steels Private 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 Nihar Steels Private 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
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Nihar Steels Private 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 Nihar Steels Private Limited
Nihar Steels has 3 GST registrations on record, and all of them have been cancelled or are 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 Nihar Steels Private 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 Nihar Steels Private Limited
Nihar Steels is an active private limited company based in Nagpur, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 17 February 2006 (20+ years old) and is registered under CIN U99999MH2006PTC159816.
Nihar Steels reported revenue of ₹64.67 Cr for FY 2016 (down 29% YoY).
Nihar Steels has 2 current directors:
- Pankaj Rathi - Managing Director
- Jaya Pankaj Rathi - Director
Nihar Steels reported a net profit of ₹27.31 Lakh (net margin 0.4%) and EBITDA of ₹2.53 Cr (EBITDA margin 3.9%) for FY 2016, as per its filed financial statements.
No. Nihar Steels has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Nihar Steels is U99999MH2006PTC159816. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nihar Steels has 8 court cases on record: 6 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Nihar Steels was incorporated on 17 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Nihar Steels by revenue are Rekha Bright Steels Private Limited, Ldprime Solutions Private Limited, Shree Yug Ispat Private Limited, Lucia Overseas Private Limited, Anirveda Iron and Steel Private Limited and 5 more, all in the Metals and Minerals industry (Metal Retail and Distribution).
Pankaj Rathi was appointed as Managing Director on 01 Apr 2008. Jaya Pankaj Rathi was appointed as Director on 10 Feb 2006.
The registered office of Nihar Steels is at Manglam 225 Hill Rd Shivajinagar Nagpur, Maharashtra, India – 440010.