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 14 cases involving the company, including 12 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 of Nipha Steels Ltd
CIN U27109WB1973PLC028899
Registration Number 028899
Incorporation Date 17 July 1973
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-WB-10-0016383
CIN History of Nipha Steels Ltd
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
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address48 Ganga Jamuna 28/1 Shakespeare Sarani, Kolkata, West Bengal, India – 700017
- IndustryMetals and Minerals, Metal Retail & Distribution
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
- One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business Activity of Nipha Steels Ltd
The main business activity of Nipha 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 |
Premium access
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 Nipha Steels Ltd FY 2025 filings available
Nipha 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) of Nipha Steels Ltd
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 of Nipha Steels Ltd
| 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 of Nipha Steels Ltd
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Nipha Steels are in the company report.
Premium access
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 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 2 Months | Current |
| Rakesh Shah | Director | 10 Aug 2023 | 3 Years 2 Months | Current |
Peer Comparison of Nipha Steels Ltd
Nipha Steels Ltd is compared with the companies closest to it by revenue in the Metals and Minerals industry (Components Retail and Distribution, Materials 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 |
|---|---|---|---|---|---|---|
| Technorr Engineering Products Private Limited | ₹1.06 Cr (FY 2024) | •••• | •••• | 135.0% | •••• | Mohali, Punjab, India |
| Zen Fasteners Private Limited | ₹1.06 Cr (FY 2025) | •••• | •••• | •••• | Domjur, West Bengal, India | |
| R G Vanijya Private Limited | ₹1.05 Cr (FY 2024) | •••• | •••• | 930.0% | •••• | Kolkata, West Bengal, India |
| Coi Granite Exports Private Limited | ₹1.05 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Chennai, Tamil Nadu, India |
| Money Mishra Overseas Private Limited | ₹1.05 Cr (FY 2018) | •••• | •••• | •••• | Delhi, India | |
| Nipha Steels Ltd this company | ₹1.05 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Kolkata, West Bengal, India |
| Golcha Minerals Pvt Ltd | ₹1.05 Cr (FY 2025) | •••• | •••• | 58.0% | •••• | Jaipur, Rajasthan, India |
| R Sanghavi Mercantile Private Limited | ₹1.05 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| Rudraganga Minerals and Industries Private Limited | ₹1.04 Cr (FY 2024) | •••• | •••• | •••• | Seoni, Madhya Pradesh, India | |
| Waheguru Hardware Store Private Limited | ₹1.04 Cr (FY 2024) | •••• | •••• | 52.0% | •••• | Khandwa, Madhya Pradesh, India |
| Sai Satyapushp Private Limited | ₹1.04 Cr (FY 2024) | •••• | •••• | 75.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Nipha Steels by revenue in the Metals and Minerals industry (Components Retail and Distribution, Materials 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 Nipha Steels Ltd
Nipha Steels Ltd is audited by R K PATODI & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R K PATODI & CO. | Locked | Locked | Locked |
Premium access
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 Nipha Steels Ltd
Premium access
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 Nipha Steels Ltd
Open charges
₹199.15 Cr
Satisfied charges
₹60 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Aug 2025 | Others | ₹198.8 Cr | Open |
| 06 Sep 1990 | Industrial Development Bank of India | ₹35 Lakh | Open |
| 09 Nov 1974 | United Bank of India | ₹20 Lakh | Satisfied |
| 09 Nov 1974 | United Bank of India | ₹20 Lakh | Satisfied |
| 09 Nov 1974 | United Bank of India | ₹20 Lakh | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Nipha Steels Ltd
Nipha Steels Ltd has 14 court cases on record: 12 filed by Nipha Steels, 2 filed against it. 1 case is pending and 13 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Total cases
14
Filed by the company
12
Filed against the company
2
Pending
1
Disposed
13
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 2 | 0 |
| District courts | 1 | 0 | 1 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Company petition | Filed by the company against Kaybee Industrial Alloys (P) Ltd. | Disposed |
| Calcutta 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 |
| Calcutta High Court | Tax appeal | Filed against the company by Commissioner, Central Exercise, Calcutta-Iv Commissionerate | Disposed |
| Calcutta High Court | Court case (APO) | Filed by the company against Chowdhury & Co | Disposed |
Premium access
Full case history
All 14 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 Nipha Steels Ltd
Employment history and EPFO contributions of people linked to Nipha Steels.
Premium access
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 Nipha Steels Ltd
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Nipha Steels Ltd
Premium access
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 Nipha Steels Ltd
Premium access
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 Nipha Steels Ltd
Premium access
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 Nipha Steels Ltd
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 |
Premium access
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 Nipha Steels Ltd
Premium access
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 Nipha Steels Ltd
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 reported revenue of ₹1.05 Cr for FY 2025 (up 31% YoY).
Nipha Steels has 3 current directors:
- Pawan Kumar Shah - Director
- Mahesh Chandra Shah - Director
- Rakesh Shah - Director
Nipha Steels reported a net profit of ₹22.32 Lakh (net margin 21.3%) and EBITDA of ₹41.67 Lakh (EBITDA margin 39.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nipha Steels is 27% over three years and 18% over five years. In the latest year (FY 2025) revenue rose 31%. CAGR is the steady yearly rate that links the first and the last year.
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 14 court cases on record: 12 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, Zen Fasteners Private Limited, R G Vanijya Private Limited, Coi Granite Exports Private Limited, Money Mishra Overseas Private Limited and 5 more, all in the Metals and Minerals industry (Components Retail and Distribution, Materials Retail and Distribution).
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.