Nirmal Inductomelts Private Limited
About Nirmal Inductomelts Private Limited
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Nirmal Inductomelts Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 14 May 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U27310RJ2003PTC018285. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2.35 Cr and a paid-up capital of ₹2.22 Cr. It is led by directors Nirmal Malik and Bharat Bhushan Malik.
Its last annual general meeting (AGM) was held on 28 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at F – 167 168 169 Udyog Vihar Jaitpura, Jaipur, Rajasthan, India – 303704.
As per the financials filed for FY 2019, the company reported a revenue of ₹41.51 Cr, a decline of 60% compared to the previous year. For the same year it recorded a net loss of ₹20.17 Cr (net margin -48.6%) and EBITDA of -₹16.39 Cr (EBITDA margin -39.5%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years.
The company has about 35 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹56.38 Cr on record. Court records list 26 cases involving the company, including 4 filed by the company and 22 filed against it; 5 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Nirmal Inductomelts Private Limited's registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressF – 167 168 169 Udyog Vihar Jaitpura, Jaipur, Rajasthan, India – 303704
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Nirmal Inductomelts 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 activities of Nirmal Inductomelts are trade and manufacturing. In detail, this covers wholesale trading and metal and metal products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Nirmal Inductomelts Private Limited, buy the company report.
Financials of Nirmal Inductomelts Private Limited
FY 2019 filings availableNirmal Inductomelts Private Limited reported revenue of ₹41.51 Cr (down 60% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 20% over three years, including a 60% fall in the latest year. EBITDA fell 398% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹41.51 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹16.39 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹20.17 Cr | ||||
| 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -39.5% | ||||
| Net Profit Margin | -48.6% | ||||
| 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 Nirmal Inductomelts Private Limited, buy the company report.
Board of directors of Nirmal Inductomelts Private Limited
Nirmal Inductomelts has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirmal Malik | Director | 14 May 2003 | 23 Years 5 Months | Current |
| Bharat Bhushan Malik | Director | 14 May 2003 | 23 Years 5 Months | Current |
Auditor
Nirmal Inductomelts Private Limited is audited by A S A R & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A S A R & ASSOCIATES | FY 2019 | 019461C |
Shareholding
The shareholding of Nirmal Inductomelts 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 Nirmal Inductomelts Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2016 | 100036702 | Sidbi | ₹1.75 Cr | Satisfied | |
| 20 Mar 2015 | 10557477 | State Bank of India | ₹21.23 Cr | Satisfied | |
| 13 Mar 2013 | 10411390 | Icici Bank Limited | ₹90 Lakh | Satisfied | |
| 14 Jun 2012 | 10360211 | Icici Bank Limited | ₹1.4 Cr | Satisfied | |
| 14 Jun 2012 | 10360216 | Icici Bank Limited | ₹86.42 Lakh | Satisfied |
To see the full charge records of Nirmal Inductomelts Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Nirmal Inductomelts Private Limited has 26 court cases on record: 4 filed by Nirmal Inductomelts, 22 filed against it. 5 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 16 | 5 |
| High courts | 7 | 3 | 0 |
| NCLT | 3 | 3 | 0 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Criminal case | Filed against the company by M/S Indusind Bank Ltd | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Pending |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by Tata Capital Financial Services Limited | Pending |
| District court, Jaipur Metro II, Rajasthan | Execution petition | Filed against the company by Indusind Bank Limited | Disposed |
| District court, Jaipur Metro II, Rajasthan | Execution petition | Filed against the company by Indiabulls Consumer Finance Ltd. | Disposed |
To see the full case history of Nirmal Inductomelts 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 Nirmal Inductomelts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nirmal Inductomelts Private Limited has a workforce of 35 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Nirmal Inductomelts 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 Nirmal Inductomelts Private Limited, buy the company report.
Recent activity
Nirmal Inductomelts Private Limited has 2 board changes on record since 2003: 2 appointments. The latest: Bharat Bhushan Malik was appointed as Director on 14 May 2003.
25 earlier events are in the company report.
Frequently asked questions
Nirmal Inductomelts is an active private limited company based in Jaipur, Rajasthan, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 14 May 2003 (23+ years old) and is registered under CIN U27310RJ2003PTC018285.
Nirmal Inductomelts has 2 current directors:
- Nirmal Malik - Director
- Bharat Bhushan Malik - Director
The latest financial statements of Nirmal Inductomelts on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 28 September 2019. Year-wise statements from 2015 are in the company report.
No. Nirmal Inductomelts has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Nirmal Inductomelts is U27310RJ2003PTC018285. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nirmal Inductomelts has 26 court cases on record: 4 filed by the company and 22 filed against it. 5 are pending. Most are in the district courts.
Nirmal Inductomelts was incorporated on 14 May 2003, making it 23+ years old. It is registered with the Registrar of Companies, Jaipur.
Bharat Bhushan Malik was appointed as Director on 14 May 2003. Nirmal Malik was appointed as Director on 14 May 2003.
The registered office of Nirmal Inductomelts is at F – 167 168 169 Udyog Vihar Jaitpura, Jaipur, Rajasthan, India – 303704.
Nirmal Inductomelts operates in the metals and minerals industry, in the steel manufacturing and processing segment.
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