Nipun Steels Private Limited
About Nipun Steels Private Limited
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Nipun Steels Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 23 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U27108DL2005PTC137937. Its GSTIN is 07AACCN1246L1ZG (Delhi).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.6 Cr. It is led by directors including Shaalie Grover and Rajann Groverr.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at S – 3 Part Gali No – 11 Anandparbat Indl Area, New Delhi, Delhi, India – 110005.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.75 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹9.49 Lakh (net margin 1.6%) and EBITDA of ₹33.38 Lakh (EBITDA margin 5.8%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 6% over five years.
Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Nipun Steels Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS – 3 Part Gali No – 11 Anandparbat Indl Area, New Delhi, Delhi, India – 110005
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Nipun Steels Private Limited, buy the company report.
- 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
Business activity
The main business activity of Nipun Steels is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Nipun Steels Private Limited, buy the company report.
Financials of Nipun Steels Private Limited
FY 2025 filings availableNipun Steels Private Limited reported revenue of ₹5.75 Cr (down 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA rose 84% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹33.38 Lakh | ||||
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| Net Profit (PAT) | ₹9.49 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 5.8% | ||||
| Net Profit Margin | 1.6% | ||||
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To see the full financial statements and ratios of Nipun Steels Private Limited, buy the company report.
Board of directors of Nipun Steels Private Limited
Nipun Steels has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shaalie Grover | Director | 23 Jun 2005 | 21 Years 4 Months | Current |
| Rajann Groverr | Director | 23 Jun 2005 | 21 Years 4 Months | Current |
| Nipun Grover Also directs: Varn Tools Private Limited | Director | 27 May 2015 | 11 Years 5 Months | Current |
Peer comparison
Nipun Steels Private Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Agriya Castings Private Limited | ₹5.77 Cr (FY 2025) | 20.0% | Chitegaon, Maharashtra, India | |||
| Nipun Steels Private Limitedthis company | ₹5.75 Cr (FY 2024) | ₹9.49 Lakh | 1.6% | -3.0% | New Delhi, Delhi, India | |
| Yantra Steels India Private Limited | ₹5.75 Cr (FY 2016) | -90.0% | Hisar, Haryana, India | |||
| Kadambari Steel Wire Rope Private Limited | ₹5.7 Cr (FY 2025) | 21.0% | Nashik, Maharashtra, India |
To see the full peer comparison of Nipun Steels Private Limited, buy the company report.
Auditor
Nipun Steels Private Limited is audited by NUPUR & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NUPUR & ASSOCIATES | FY 2019 | 022421N |
Shareholding
The shareholding of Nipun Steels Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Nipun Steels Private Limited, buy the company report.
Legal cases
Nipun Steels Private Limited has 4 court cases on record: 3 filed by Nipun Steels, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Civil suit | Filed against the company by State | Disposed |
| District court, West, Delhi | Court case (Civ DJ) | Filed by the company against an individual | Disposed |
| District court, Central, Delhi | Execution petition | Filed by the company against Ms VMR Automotive Pvt. Ltd. | Disposed |
| District court, Central, Delhi | Court case (MCA DJ) | Filed by the company against Ms V M R Automotive Pvt. Ltd Anr | Disposed |
To see the full case history of Nipun Steels Private Limited, 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 Nipun Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nipun Steels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCN1246L1ZG | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nipun Steels Private Limited, buy the company report.
Recent activity
Nipun Steels Private Limited has 4 board changes on record since 2005: 3 appointments and 1 cessation. The latest: Nipun Grover was appointed as Director on 27 May 2015.
Frequently asked questions
Nipun Steels is an active private limited company based in New Delhi, Delhi, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 23 June 2005 (21+ years old) and is registered under CIN U27108DL2005PTC137937.
Nipun Steels has 3 current directors:
- Shaalie Grover - Director
- Rajann Groverr - Director
- Nipun Grover - Director
The latest financial statements of Nipun Steels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nipun Steels is 07AACCN1246L1ZG, registered in Delhi.
The CIN (Corporate Identification Number) of Nipun Steels is U27108DL2005PTC137937. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nipun Steels has 4 court cases on record: 3 filed by the company and 1 filed against it.
Nipun Steels was incorporated on 23 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Nipun Steels by revenue are Agriya Castings Private Limited, Yantra Steels India Private Limited, Kadambari Steel Wire Rope Private Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Nipun Grover was appointed as Director on 27 May 2015. Nipun Grover ceased to be Additional Director on 27 May 2015. Rajann Groverr was appointed as Director on 23 Jun 2005. Nipun Steels has 4 board changes on record in total.
The registered office of Nipun Steels is at S – 3 Part Gali No – 11 Anandparbat Indl Area, New Delhi, Delhi, India – 110005.
Nipun Steels operates in the metals and minerals industry, in the steel manufacturing and processing segment.
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