About Nirmangold Alloys Private Limited
Data last updated:
Nirmangold Alloys Private Limited is a private limited company based in Aurangabad, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 30 August 2010.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28112MH2010PTC207250. Its GSTIN is 27AADCN5038M3Z3 (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Cr. It is led by directors Bhushan Pundlikrao Patil and Nandakishore Nanasaheb Shinde.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Gut No 17 Sultanpur Shivar Near Jikthan Phata Aurangabad – Nagar Roa, D, Maharashtra, India – 431133.
As per the financials filed for FY 2019, the company reported a revenue of ₹9.79 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹2.2 Cr (net margin -22.5%) and EBITDA of ₹70.32 Lakh (EBITDA margin 7.2%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹61.81 Cr and satisfied charges of ₹15.91 Cr on record. Court records list 13 cases involving the company, including 3 filed by the company and 10 filed against it; 1 case is pending.
The last known website on record is nirmangold.com.
Company details
Contact details
Nirmangold Alloys Private Limited's registered office is in Aurangabad, Maharashtra. Its website is nirmangold.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGut No 17 Sultanpur Shivar Near Jikthan Phata Aurangabad – Nagar Roa, D, Maharashtra, India – 431133
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Nirmangold Alloys 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 Nirmangold Alloys 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 Nirmangold Alloys Private Limited, buy the company report.
Financials of Nirmangold Alloys Private Limited
FY 2019 filings availableNirmangold Alloys Private Limited reported revenue of ₹9.79 Cr (down 40% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 37% over three years, including a 40% fall in the latest year. EBITDA fell 70% 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 | ₹9.79 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹70.32 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.2 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.2% | ||||
| Net Profit Margin | -22.5% | ||||
| 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 Nirmangold Alloys Private Limited, buy the company report.
Board of directors of Nirmangold Alloys Private Limited
Nirmangold Alloys has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhushan Pundlikrao Patil Also directs: Solitaire Industries LLP | Director | 30 Aug 2010 | 16 Years 2 Months | As last reported |
| Nandakishore Nanasaheb Shinde | Additional Director | 08 Apr 2019 | 7 Years 7 Months | As last reported |
Peer comparison
Nirmangold Alloys Private Limited is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Metals), 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 |
|---|---|---|---|---|---|---|
| Devashree Aluminum Private Limited | ₹9.82 Cr (FY 2025) | -18.0% | Vijapur, Gujarat, India | |||
| Superfine Extrusions Private Limited | ₹9.82 Cr (FY 2024) | -47.0% | Parner, Maharashtra, India | |||
| Venus Sheet Metals Components Private Limited | ₹9.8 Cr (FY 2024) | -18.0% | New Delhi, Delhi, India | |||
| Nirmangold Alloys Private Limitedthis company | ₹9.79 Cr (FY 2019) | -₹2.2 Cr | -22.5% | -40.0% | 10 | Aurangabad, Maharashtra, India |
| Ajn Metals Private Limited | ₹9.78 Cr (FY 2023) | -16.0% | Delhi, India | |||
| A.T. Adityan Metals Private Limited | ₹9.78 Cr (FY 2025) | 39.0% | Tamil Nadu, India | |||
| Maac Scaffolding Private Limited | ₹9.77 Cr (FY 2025) | 20.0% | Waliv, Vasai East, Thane, Maharashtra, India |
To see the full peer comparison of Nirmangold Alloys Private Limited, buy the company report.
Auditor
Nirmangold Alloys Private Limited is audited by R D JAISWAL & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R D JAISWAL & CO | FY 2019 | 125831W |
Shareholding
The shareholding of Nirmangold Alloys Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | 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 Nirmangold Alloys Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jul 2018 | 100193602 | Abhyudaya Co-Operative Bank Limited | ₹5.3 Cr | Open | |
| 04 Jun 2018 | 100189945 | Abhyudaya Co-Operative Bank Limited | ₹5 Cr | Open | |
| 04 Jun 2018 | 100189944 | Abhyudaya Co-Operative Bank Limited | ₹30 Lakh | Open | |
| 05 Jan 2018 | 100163396 | Abhyudaya Co-Operative Bank Limited | ₹3 Cr | Open | |
| 31 May 2017 | 100105894 | Abhyudaya Co-Operative Bank Limited | ₹41.53 Lakh | Open |
To see the full charge records of Nirmangold Alloys Private Limited, buy the company report.
Total charge records: 17 View all charges
Legal cases
Nirmangold Alloys Private Limited has 13 court cases on record: 3 filed by Nirmangold Alloys, 10 filed against it. 1 case is pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 8 | 1 |
| High courts | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Aurangabad, Maharashtra | Civil suit | Filed against the company by Sayuri Receptacles Pvt. Ltd. | Disposed |
| District court, West, Delhi | Commercial suit | Filed against the company by Om Logistics Limited | Disposed |
| District court, Aurangabad, Maharashtra | Civil suit | Filed against the company by M/S Aman Industries | Pending |
| District court, RAJKOT, Gujarat | Court case (EXE SM) | Filed against the company by Kalavatar Ajitbhai Yusufbhai,Rajesh Machines India L.L.P. Partnership, Authorised Person. | Disposed |
| High Court, MAHARASHTRA | Court case (APPLN) | Filed against the company by an individual | Disposed |
To see the full case history of Nirmangold Alloys 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 Nirmangold Alloys Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nirmangold Alloys Private Limited has a workforce of 10 employees on its EPFO records as of Jun 2019, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2019-20 | 10 |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Nirmangold Alloys Private Limited, buy the company report.
GST
Nirmangold Alloys has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCN5038M3Z3 | Maharashtra | Active | 08 Mar 2022 |
To see the full GST registrations and return filing status of Nirmangold Alloys Private Limited, buy the company report.
Recent activity
Nirmangold Alloys Private Limited has 8 board changes on record since 2010: 2 appointments and 6 cessations. The latest: Nandakishore Nanasaheb Shinde was appointed as Additional Director on 08 Apr 2019.
22 earlier events are in the company report.
Frequently asked questions
Nirmangold Alloys is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Nirmangold Alloys is a company under insolvency, formerly operating as a private limited company based in Aurangabad, Maharashtra, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 30 August 2010 and is registered under CIN U28112MH2010PTC207250. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Nirmangold Alloys has 2 current directors:
- Bhushan Pundlikrao Patil - Director
- Nandakishore Nanasaheb Shinde - Additional Director
The latest financial statements of Nirmangold Alloys on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Nirmangold Alloys is U28112MH2010PTC207250. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nirmangold Alloys has open charges of ₹61.81 Cr and satisfied charges of ₹15.91 Cr as per latest MCA filings.
Nirmangold Alloys has 13 court cases on record: 3 filed by the company and 10 filed against it. 1 is pending. Most are in the district courts.
Nirmangold Alloys was incorporated on 30 August 2010. It is registered with the Registrar of Companies, Mumbai.
The peers of Nirmangold Alloys by revenue are Devashree Aluminum Private Limited, Superfine Extrusions Private Limited, Venus Sheet Metals Components Private Limited, Ajn Metals Private Limited, A.T. Adityan Metals Private Limited and 1 more, all in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products).
Nandakishore Nanasaheb Shinde was appointed as Additional Director on 08 Apr 2019. Kunal Gopichand Chavan ceased to be Additional Director on 08 Sep 2016. Monika Ajeet Mulay ceased to be Director on 01 Sep 2016. Nirmangold Alloys has 8 board changes on record in total.
Nirmangold Alloys can be reached through the website nirmangold.com. Its registered office is in Aurangabad, Maharashtra, India.
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