About Nirmal Wires Pvt Ltd
Data last updated:
Nirmal Wires Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 19 October 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U28909WB1981PTC034204. Its GSTIN is 19AAACN9805H1Z9 (West Bengal). The company holds 7 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹2.46 Cr. It is led by directors including Nirmal Kumar Saraf (Managing Director) and Radha Raman Saraf.
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 Rudra Mani 1720 Laskarhat E.M. Bypass 15th & 16th Floor, Kolkata, West Bengal, India – 700039.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,951.82 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹57.74 Cr (net margin 3%) and EBITDA of ₹126.93 Cr (EBITDA margin 6.5%). Revenue has grown at a compounded annual rate (CAGR) of 40% over five years.
The company has about 269 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Nirmal group. As per MCA filings, the company has open charges of ₹727.35 Cr and satisfied charges of ₹290.66 Cr on record. Court records list 41 cases involving the company, including 32 filed by the company and 9 filed against it; 12 cases are pending. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹15.11 Cr; the latest was in September 2011. Its 3 peer companies in the Manufacturing industry (Cables and Wires), with the same principal business activity (metal and metal products) are compared by revenue, 2 larger and 1 smaller; the largest is Bekaert Industries Private Limited with revenue of ₹2,236.68 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website groupnirmal.com.
Company details
Contact details
Nirmal Wires Pvt Ltd's registered office is in Kolkata, West Bengal. Its website is groupnirmal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressRudra Mani 1720 Laskarhat E.M. Bypass 15th & 16th Floor, Kolkata, West Bengal, India – 700039
- IndustryManufacturing, Cable & Wire
To see the full contact details of Nirmal Wires Pvt Ltd, 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
Brands
Nirmal Wires operates one associated brand: Nirmal group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of GI Wires, Conductors, Hot Rolled products | groupnirmal.com |
Business activity
The main business activities of Nirmal Wires are manufacturing and trade. In detail, this covers metal and metal products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Nirmal Wires Pvt Ltd, buy the company report.
Financials of Nirmal Wires Pvt Ltd
FY 2025 filings availableNirmal Wires Pvt Ltd reported revenue of ₹1,951.82 Cr (up 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 26% growth in the latest year. EBITDA rose 65% 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 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 | ₹1,951.82 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹126.93 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹57.74 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.5% | ||||
| Net Profit Margin | 3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Nirmal Wires Pvt Ltd, buy the company report.
Board of directors of Nirmal Wires Pvt Ltd
Nirmal Wires has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirmal Kumar Saraf Also directs: Dhruv Ispat LLP, Steel Wire Manufacturers 'Association of India, Gajendra Mercantiles Pvt Ltd and 1 more | Managing Director | 19 Oct 1981 | 45 Years 0 Months | Current |
| Radha Raman Saraf Also directs: Triveni Wire Craft Private Limited | Director | 03 Apr 2010 | 16 Years 6 Months | Current |
| Varun Saraf | Director | 13 Nov 2015 | 10 Years 11 Months | Current |
| Prateek Saraf Also directs: Dhruv Ispat LLP | Director | 13 Nov 2015 | 10 Years 11 Months | Current |
| Piyush Saraf | Director | 21 Apr 2025 | 1 Years 6 Months | Current |
Peer comparison
Nirmal Wires Pvt Ltd is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Cables and Wires), 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 |
|---|---|---|---|---|---|---|
| Bekaert Industries Private Limited | ₹2,236.68 Cr (FY 2025) | -2.0% | Pune, Maharashtra, India | |||
| JSK Industries Private Limited | ₹2,034.46 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India | |||
| Nirmal Wires Pvt Ltdthis company | ₹1,951.82 Cr (FY 2025) | ₹57.74 Cr | 3% | 26.0% | 269 | Kolkata, West Bengal, India |
| Raajratna Metal Industries Ltd | ₹1,593.52 Cr (FY 2025) | -2.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Nirmal Wires Pvt Ltd, buy the company report.
Auditor
Nirmal Wires Pvt Ltd is audited by SINGHI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SINGHI & CO. | FY 2023 | 302049E |
Shareholding
The shareholding of Nirmal Wires Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nirmal Wires Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jul 2026 | 101363130 | Indian Overseas Bank | ₹28 Lakh | Open | |
| 17 Jul 2026 | 101356911 | Hdfc Bank Limited | ₹26.97 Cr | Open | |
| 15 Dec 2025 | 101213503 | Indian Bank | ₹22.5 Lakh | Open | |
| 15 Dec 2025 | 101213506 | Indian Bank | ₹22.5 Lakh | Open | |
| 06 Nov 2025 | 101187612 | Indian Bank | ₹80 Lakh | Open |
To see the full charge records of Nirmal Wires Pvt Ltd, buy the company report.
Total charge records: 33 View all charges
Deals & funding
Nirmal Wires Pvt Ltd has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹15.11 Cr; the latest was in September 2011.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: Triveni Wire Craft Private Limited Seller: Gajendra Mercantile Private Limited |
| Jan 2011 | Funding round | ₹15.04 Cr | Investors: Gajendra Mercantile Private Limited |
| Aug 2009 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Mar 2008 | Funding round | ₹7 Lakh | Investors: an individual |
| Jan 2008 | Secondary share transfer | Undisclosed | Buyer: Nirmal Kumar Saraf Huf, Piyush Saraf Huf, 2 individuals Seller: Ortem Estates Pvt Ltd , Ekta Nivesh Pvt. Ltd. , Lular Commercial Private Limited, an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nirmal Wires Pvt Ltd has 41 court cases on record: 32 filed by Nirmal Wires, 9 filed against it. 12 cases are pending and 29 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 23 | 4 | 4 |
| District courts | 13 | 5 | 8 |
| NCLT | 3 | 0 | 0 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 41)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed by the company against M/S Universal Mep Projects and Engineering Services Ltd | Pending |
| High Court | Civil suit | Filed against the company by Quality Steel Wire Products Pvt.Ltd. Farhan Ghaffar | Pending |
| High Court of Kerala | Court case (OP(C)) | Filed against the company by M/S Traco Cable Company Limited | Disposed |
| District court, Hooghly, West Bengal | Civil suit | Filed against the company by M/S B.P. Projects Pvt. Ltd. | Disposed |
| High Court, TELANGANA | Company petition | Filed by the company against M/S Gowtami Steels Limited, | Disposed |
To see the full case history of Nirmal Wires Pvt Ltd, 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.
Credit ratings & regulatory alerts
Nirmal Wires Pvt Ltd was last rated by Crisil on 01 Apr 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 01 Apr 2019 |
To see the full credit ratings and regulatory alerts of Nirmal Wires Pvt Ltd, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nirmal Wires Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nirmal Wires Pvt Ltd has a workforce of 269 employees on its EPFO records as of Mar 29, 2024, across 2 active EPFO establishments.
GST
Nirmal Wires has 7 GST registrations: 7 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACN9805H1Z9 | West Bengal | Active | 01 Jul 2017 |
| 19AAACN9805H2Z8 | West Bengal | Active | 01 Mar 2025 |
| 27AAACN9805H1ZC | Maharashtra | Active | 09 Jan 2020 |
| 22AAACN9805H1ZM | Chattisgarh | Active | 22 Jul 2021 |
To see the full GST registrations and return filing status of Nirmal Wires Pvt Ltd, buy the company report.
Recent activity
Nirmal Wires Pvt Ltd has 7 board changes on record since 1981: 5 appointments and 2 cessations. The latest: Piyush Saraf ceased to be Additional Director on 29 Sep 2025.
53 earlier events are in the company report.
Frequently asked questions
Nirmal Wires is an active private limited company based in Kolkata, West Bengal, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 19 October 1981 (45+ years old) and is registered under CIN U28909WB1981PTC034204.
Nirmal Wires has 5 current directors:
- Nirmal Kumar Saraf - Managing Director
- Radha Raman Saraf - Director
- Varun Saraf - Director
- Prateek Saraf - Director
- Piyush Saraf - Director
The latest financial statements of Nirmal Wires 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 Nirmal Wires is 19AAACN9805H1Z9, registered in West Bengal. The company has 7 GST registrations in all, of which 7 are active. Other active GSTINs include 19AAACN9805H2Z8 (West Bengal), 27AAACN9805H1ZC (Maharashtra), 22AAACN9805H1ZM (Chattisgarh).
The CIN (Corporate Identification Number) of Nirmal Wires is U28909WB1981PTC034204. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nirmal Wires has 41 court cases on record: 32 filed by the company and 9 filed against it. 12 are pending. Most are in the high courts.
Nirmal Wires was incorporated on 19 October 1981, making it 45+ years old. It is registered with the Registrar of Companies, Kolkata.
Nirmal Wires has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹15.11 Cr; the latest was in September 2011.
The peers of Nirmal Wires by revenue are Bekaert Industries Private Limited, JSK Industries Private Limited, Raajratna Metal Industries Ltd, all in the Manufacturing industry (Cables and Wires), with the same principal business activity (metal and metal products).
Piyush Saraf ceased to be Additional Director on 29 Sep 2025. Piyush Saraf was appointed as Director on 21 Apr 2025. Prateek Saraf was appointed as Director on 13 Nov 2015. Nirmal Wires has 7 board changes on record in total.
Nirmal Wires can be reached through the website groupnirmal.com. Its registered office is in Kolkata, West Bengal, India.