Nipha Steels Ltd - Company Profile

Q: Where is Nipha Steels Ltd headquartered?

Nipha Steels Ltd is headquartered at 48 Ganga Jamuna, 281 Shakespeare Sarani, Kolkata, West Bengal, 700017.

Q: Who are the current directors of Nipha Steels Ltd?

The current directors of Nipha Steels Ltd are Mahesh Chandra Shah, Pawan Kumar Shah, Rakesh Shah.

It is a metals and minerals public limited company based in Kolkata, West Bengal, India, established in 1973.

1973 Kolkata, West Bengal, India Active

Last Updated: February 17, 2026

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About Nipha Steels Ltd

Nipha Steels Ltd, a active public limited company, was established on 17 July 1973 in Kolkata, West Bengal, India. Engaging in metal retail & distribution within the trade sector, it holds CIN: U27109WB1973PLC028899. Registered under ROC Roc Kolkata I. it is unlisted. It has an authorized capital of ₹1.71 Cr and a paid-up capital of ₹1.70 Cr.

It upholds a compliant status. Its leadership includes Mahesh Chandra Shah (Director), Pawan Kumar Shah (Director), Rakesh Shah (Director). Past directors included Shiv Prakash Khetan, Mahesh Chandra Shah, Ghanshyam Das Shah. It holds ₹199.15 Cr open charges and ₹6.00 M settled loans. Its latest AGM occurred on 26 September 2025, with the balance sheet filed on 31 March 2025. It is based at 48 Ganga Jamuna, 28/1 Shakespeare Sarani, Kolkata, West Bengal, 700017.

Company Details

CIN/LLPIN
U27109WB1973PLC028899
Registration Number
028899
Incorporation Date
17 July 1973
Authorized Capital
₹1.71 Cr
Paid-Up Capital
₹1.70 Cr
ROC Code
Roc Kolkata I
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1.71 Cr as on 17-02-2026
Paid Up Capital ₹ 1.70 Cr as on 17-02-2026
Company Age 52 Year, 8 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 199.15 Cr as on 17-02-2026
Satisfied Charges ₹ 6.00 M as on 17-02-2026
Revenue Growth **** 1488.02% (FY 2023)
Profit Growth **** 2213.83% (FY 2023)
Ebitda **** 13.73% (FY 2023)
Net Worth 3336.64% (FY 2023)
Total Assets **** 347.81% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Nipha Steels Ltd — 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 Nipha Steels Ltd?

Current Directors

Name	Designation	Appointment Date	Status
Mahesh Chandra Shah	Director	10 Aug 2023	Current
Pawan Kumar Shah	Director	15 Jan 2014	Current
Rakesh Shah	Director	10 Aug 2023	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	30 Sep 2023	Past
Pramod Abcsdd	Additional Director	29 Sep 2023	Past
Pramod Abcsdd	Director	22 Aug 2023	Past
Pramod Abcsdd	Additional Director	29 Sep 2023	Past

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Financial Performance of Nipha Steels.

Nipha Steels Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 1488.02% increase. The company also saw a substantial improvement in profitability, with a 2213.83% increase in profit. The company's net worth Soared by an impressive increase of 3336.64%.

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

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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

********

1488.02%

*******

Revenue from Operations

*******

83.51%

*******

Total Assets

*******

347.81%

*******

Profit or Loss

*******

2213.83%

*******

Net Worth

*******

3336.64%

*******

EBITDA

*******

13.73%

*******

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What is the Ownership and Shareholding Structure of Nipha Steels?

In 2022, Nipha Steels had a promoter holding of 77.22% and a public holding of 22.79%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

₹1,991,500,000.00

Satisfied Charges

₹6,000,000.00

Charges Breakdown by Lending Institutions

Others : 198.80 Cr
Industrial Development Bank Of India : 0.35 Cr

Latest Charge Details

Date	Lender	Amount	Status
08 Aug 2025	Others	₹198.80 Cr	Open
06 Sep 1990	Industrial Development Bank Of India	₹3.50 M	Open
09 Nov 1974	United Bank Of India	₹2.00 M	Satisfied
09 Nov 1974	United Bank Of India	₹2.00 M	Satisfied
09 Nov 1974	United Bank Of India	₹2.00 M	Satisfied

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How Many Employees Work at Nipha Steels?

Unlock and access historical data on people associated with Nipha 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

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Deals i

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

Rating

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Alerts

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Latest Updates, News, and FAQs on Nipha Steels

Recent Activity within the Organization

Annual General Meeting

Progress on Nipha Steels Ltd last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records. was documented.
26 Sep 2025
Charges

Progress on A charge with Others amounted to Rs. 198.80 Cr with Charge ID 101147099 was registered on 08 Aug 2025. was documented.
08 Aug 2025
Balance Sheet

Progress on Nipha Steels Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata I. was documented.
31 Mar 2025
Director Appointment

The activity Mahesh Chandra Shah was appointed as a Director was appointed as a Director on 10 Aug 2023 & has been associated with this company since 2 years 7 months . was completed.
10 Aug 2023
Director Appointment

The activity Rakesh Shah was appointed as a Director was appointed as a Director on 10 Aug 2023 & has been associated with this company since 2 years 7 months . was completed.
10 Aug 2023
Charges

The activity A charge registered on 09 Nov 1974 via Charge ID 90254810 with United Bank Of India was fully satisfied on 22 May 2014. was completed.
22 May 2014

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