MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-WB-10-0016383
Nipha Steels Ltd - metals and minerals in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.05 Cr
▲ 31% YoY
Net profit · FY 2025
₹22.32 Lakh
Net margin 21.3%
EBITDA · FY 2025
₹41.67 Lakh
EBITDA margin 39.7%
Authorised capital
₹1.71 Cr
Registered with MCA
Paid-up capital
₹1.7 Cr
Issued & subscribed
Open charges
₹199.15 Cr
Satisfied ₹60 Lakh
Company age
53 yrs
Est. 1973
Directors on board
3
As per MCA filings
About Nipha Steels Ltd
Data last updated:
Nipha Steels Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 17 July 1973 and has been in existence for over 53 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27109WB1973PLC028899. Its GSTIN is 19AAACN8428N1ZV (West Bengal).
The company has an authorised share capital of ₹1.71 Cr and a paid-up capital of ₹1.7 Cr. It is led by directors including Pawan Kumar Shah and Mahesh Chandra Shah.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 48 Ganga Jamuna 28/1 Shakespeare Sarani, Kolkata, West Bengal, India – 700017.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.05 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹22.32 Lakh (net margin 21.3%) and EBITDA of ₹41.67 Lakh (EBITDA margin 39.7%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 18% over five years.
As per MCA filings, the company has open charges of ₹199.15 Cr and satisfied charges of ₹60 Lakh on record. Court records list 15 cases involving the company, including 13 filed by the company and 2 filed against it; 1 case is pending.
Nipha Steels Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0016383). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website niphaindia.com.
Company details
CIN U27109WB1973PLC028899
Registration Number 028899
Incorporation Date 17 July 1973
ROC Kolkata
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-WB-10-0016383
CIN history
Nipha Steels has one previous CIN (Corporate Identification Number): U99999WB1973PLC028899. The current CIN is U27109WB1973PLC028899, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27109WB1973PLC028899 | Current |
| U99999WB1973PLC028899 | Previous |
Recognitions & Rankings of Nipha Steels
Contact details
Nipha Steels Ltd's registered office is in Kolkata, West Bengal. Its website is niphaindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address48 Ganga Jamuna 28/1 Shakespeare Sarani, Kolkata, West Bengal, India – 700017
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Nipha Steels Ltd, buy the company report.
Comprehensive company report
Nipha Steels Ltd - one report that includes everything
- 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
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Business activity
The main business activity of Nipha Steels is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Nipha Steels Ltd, buy the company report.
Financials of Nipha Steels Ltd
FY 2025 filings availableNipha Steels Ltd reported revenue of ₹1.05 Cr (up 31% YoY) for FY 2025.
Revenue · FY 2025
₹1.05 Cr ▲ 31%
Net profit · FY 2025
₹22.32 Lakh margin 21.3%
EBITDA · FY 2025
₹41.67 Lakh margin 39.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 27%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▼ 14%
3 years · compounded
▲ 7%
5 years · compounded
▲ 37%
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 31% growth in the latest year. EBITDA fell 14% 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 |
|---|---|---|---|---|---|
| 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 | ₹41.67 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹22.32 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 39.7% | ||||
| Net Profit Margin | 21.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Nipha Steels Ltd, buy the company report.
Board of directors of Nipha Steels Ltd
Nipha Steels has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pawan Kumar Shah | Director | 15 Jan 2014 | 12 Years 9 Months | Current |
| Mahesh Chandra Shah | Director | 10 Aug 2023 | 3 Years 3 Months | Current |
| Rakesh Shah | Director | 10 Aug 2023 | 3 Years 3 Months | Current |
Peer comparison
Nipha Steels Ltd is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Components Retail and Distribution, Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Technorr Engineering Products Private Limited | ₹1.06 Cr (FY 2024) | 135.0% | Mohali, Punjab, India | |||
| Coi Granite Exports Private Limited | ₹1.05 Cr (FY 2025) | 15.0% | Chennai, Tamil Nadu, India | |||
| Nipha Steels Ltdthis company | ₹1.05 Cr (FY 2025) | ₹22.32 Lakh | 21.3% | 31.0% | Kolkata, West Bengal, India | |
| R Sanghavi Mercantile Private Limited | ₹1.05 Cr (FY 2024) | 13.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Nipha Steels Ltd, buy the company report.
Auditor
Nipha Steels Ltd is audited by R K PATODI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R K PATODI & CO. | FY 2023 | 305091E |
Shareholding
The shareholding of Nipha Steels Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nipha Steels Ltd, buy the company report.
Charges & borrowings
Open charges
₹199.15 Cr
Satisfied charges
₹60 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Aug 2025 | 101147099 | Others | ₹198.8 Cr | Open | |
| 06 Sep 1990 | 90253379 | Industrial Development Bank of India | ₹35 Lakh | Open | |
| 09 Nov 1974 | 90253076 | United Bank of India | ₹20 Lakh | Satisfied | |
| 09 Nov 1974 | 90254810 | United Bank of India | ₹20 Lakh | Satisfied | |
| 09 Nov 1974 | 90255548 | United Bank of India | ₹20 Lakh | Satisfied |
To see the full charge records of Nipha Steels Ltd, buy the company report.
Total charge records: 5 View all charges
Legal cases
Nipha Steels Ltd has 15 court cases on record: 13 filed by Nipha Steels, 2 filed against it. 1 case is pending and 14 are disposed.
Total cases
15
Filed by the company
13
Filed against the company
2
Pending
1
Disposed
14
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 2 | 0 |
| District courts | 1 | 0 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Company petition | Filed by the company against M/S Kaybee Industrial Alloys Pvt.Ltd. | Disposed |
| High Court | Company petition | Filed by the company against Shyam Ferro Alloys Ltd. | Disposed |
| District court, Calcutta, West Bengal | Commercial suit | Filed by the company against an individual | Pending |
| High Court | Tax appeal | Filed against the company by Commissioner, Central Exercise, Calcutta-Iv Commissionerate, | Disposed |
| High Court | Court case (APO) | Filed by the company against Chowdhury & Co. | Disposed |
To see the full case history of Nipha Steels Ltd, 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 Nipha Steels Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nipha Steels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACN8428N1ZV | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nipha Steels Ltd, buy the company report.
Recent activity
Nipha Steels Ltd has 7 board changes on record since 2014: 5 appointments and 2 cessations. The latest: Shiv Prakash Khetan ceased to be Director on 30 Sep 2023.
AGM
Nipha Steels Ltd last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 198.80 Cr with Charge ID 101147099 was registered on 08 Aug 2025.
Filing
Nipha Steels Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata I.
Ceased
Shiv Prakash Khetan ceased to be Director.
Ceased
Ghanshyam Das Shah ceased to be Director.
Appointed
Mahesh Chandra Shah was appointed as Director.
Appointed
Rakesh Shah was appointed as Director.
Charges
A charge registered on 09 Nov 1974 via Charge ID 90254810 with United Bank Of India was fully satisfied on 22 May 2014.
Charges
A charge registered on 09 Nov 1974 via Charge ID 90255548 with United Bank Of India was fully satisfied on 22 May 2014.
Charges
A charge registered on 09 Nov 1974 via Charge ID 90253076 with United Bank Of India was fully satisfied on 22 May 2014.
Appointed
Ghanshyam Das Shah was appointed as Director.
Appointed
Pawan Kumar Shah was appointed as Director.
9 earlier events are in the company report.
Frequently asked questions
Nipha Steels is an active public limited company based in Kolkata, West Bengal, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 17 July 1973 (53+ years old) and is registered under CIN U27109WB1973PLC028899.
Nipha Steels has 3 current directors:
- Pawan Kumar Shah - Director
- Mahesh Chandra Shah - Director
- Rakesh Shah - Director
The latest financial statements of Nipha Steels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nipha Steels is 19AAACN8428N1ZV, registered in West Bengal.
The CIN (Corporate Identification Number) of Nipha Steels is U27109WB1973PLC028899. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nipha Steels has 15 court cases on record: 13 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Nipha Steels was incorporated on 17 July 1973, making it 53+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Nipha Steels by revenue are Technorr Engineering Products Private Limited, Coi Granite Exports Private Limited, R Sanghavi Mercantile Private Limited, all in the Metals and Minerals industry (Components Retail and Distribution, Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Shiv Prakash Khetan ceased to be Director on 30 Sep 2023. Ghanshyam Das Shah ceased to be Director on 22 Aug 2023. Mahesh Chandra Shah was appointed as Director on 10 Aug 2023. Nipha Steels has 7 board changes on record in total.
Yes, Nipha Steels is registered as a micro enterprise under Udyam registration (number: UDYAM-WB-10-0016383).
Nipha Steels can be reached through the website niphaindia.com. Its registered office is in Kolkata, West Bengal, India.
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