
Nirav Iron and Steel Private Limited
About Nirav Iron and Steel Private Limited
Data last updated:
Nirav Iron and Steel Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 25 May 1999.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1999PTC120015. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.05 Lakh. It was formerly known as Nirav Iron and Steel Company Private Limited.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 38 4th Flr Kapadia Chambers Devji Ratansey Marg Carnac Bunder Masjid East, Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2020, the company reported a revenue of ₹11.62 Lakh, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹6.68 Lakh (net margin 57.4%) and EBITDA of ₹9.1 Lakh (EBITDA margin 78.3%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 1% over five years.
As per MCA filings, the company has satisfied charges of ₹6.5 Cr on record.
Company details
Contact details
Nirav Iron and Steel Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address38 4th Flr Kapadia Chambers Devji Ratansey Marg Carnac Bunder Masjid East, Mumbai, Maharashtra, India – 400009
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Nirav Iron and Steel 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
Financials of Nirav Iron and Steel Private Limited
FY 2020 filings availableNirav Iron and Steel Private Limited reported revenue of ₹11.62 Lakh (down 14% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 8% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹11.62 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹9.1 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.68 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 78.3% | ||||
| Net Profit Margin | 57.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Nirav Iron and Steel Private Limited, buy the company report.
Board of directors of Nirav Iron and Steel Private Limited
Nirav Iron and Steel has 2 former directors on record and no current directors listed.
Peer comparison
Nirav Iron and Steel Private Limited is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Steel), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| A B M Steels Private Limited | ₹11.85 Lakh (FY 2022) | 393.0% | Ahmedabad, Gujarat, India | |||
| Goel Steel Industries Pvt Ltd | ₹11.83 Lakh (FY 2025) | 157.0% | Kolkata, West Bengal, India | |||
| Haryana Strips Private Limited | ₹11.8 Lakh (FY 2018) | -96.0% | Hisar, Haryana, India | |||
| DV Re-Rolling Mills Private Limited | ₹11.76 Lakh (FY 2025) | 60.0% | Kolkata, West Bengal, India | |||
| De Facto Steel Design & Management Private Limited | ₹11.64 Lakh (FY 2024) | 31.0% | Kolhapur, Maharashtra, India | |||
| Nirav Iron and Steel Private Limitedthis company | ₹11.62 Lakh (FY 2020) | ₹6.68 Lakh | 57.4% | -14.0% | Mumbai, Maharashtra, India | |
| Jyoti Stainless Private Limited | ₹11.58 Lakh (FY 2025) | 372.0% | Delhi, India | |||
| SBPB Infra Private Limited | ₹11.46 Lakh (FY 2025) | Nagpur, Maharashtra, India | ||||
| S. G. Steels and Alloys Private Limited | ₹11.44 Lakh (FY 2025) | 32.0% | New Delhi, Delhi, India | |||
| Impex Industries Limited | ₹11.36 Lakh (FY 2025) | 1829.0% | Kolkata, West Bengal, India | |||
| Map Steels (India) Private Limited | ₹11.3 Lakh (FY 2025) | -97.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Nirav Iron and Steel Private Limited, buy the company report.
Auditor
Nirav Iron and Steel Private Limited is audited by H K DOSHI & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H K DOSHI & CO | FY 2020 | 102715W |
Shareholding
The shareholding of Nirav Iron and Steel Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nirav Iron and Steel Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Feb 2012 | 10343440 | Ing Vysya Bank Limited | ₹5 Cr | Satisfied | |
| 02 May 2002 | 90143904 | Union Bank of India | ₹1.5 Cr | Satisfied |
To see the full charge records of Nirav Iron and Steel Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Nirav Iron and Steel Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nirav Iron and Steel Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nirav Iron and Steel has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Nirav Iron and Steel Private Limited, buy the company report.
Recent activity
Nirav Iron and Steel Private Limited has 2 board changes on record since 2021: 0 appointments and 2 cessations. The latest: Nirav Indrasen Shah ceased to be Whole-Time Director on 31 May 2021.
Frequently asked questions
Nirav Iron and Steel has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Nirav Iron and Steel was a private limited company based in Mumbai, Maharashtra, India. The company worked in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 25 May 1999 and is registered under CIN U51900MH1999PTC120015. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Nirav Iron and Steel is U51900MH1999PTC120015. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nirav Iron and Steel was incorporated on 25 May 1999. It is registered with the Registrar of Companies, Mumbai.
The registered office of Nirav Iron and Steel is at 38 4th Flr Kapadia Chambers Devji Ratansey Marg Carnac Bunder Masjid East, Mumbai, Maharashtra, India – 400009.
The latest financial statements of Nirav Iron and Steel on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from 2015 are in the company report.
No. Nirav Iron and Steel has 1 GST registration on record and it is cancelled or inactive.
Nirav Iron and Steel operated in the metals and minerals industry, in the steel manufacturing and processing segment.
The peers of Nirav Iron and Steel by revenue are A B M Steels Private Limited, Goel Steel Industries Pvt Ltd, Haryana Strips Private Limited, DV Re-Rolling Mills Private Limited, De Facto Steel Design & Management Private Limited and 5 more, all in the Metals and Minerals industry (Steel).
Nirav Indrasen Shah ceased to be Whole-Time Director on 31 May 2021. Tansukh Fatechand Shah ceased to be Managing Director on 31 May 2021.
Nirav Iron and Steel has no open charges and satisfied charges of ₹6.5 Cr as per latest MCA filings.

