Nirvan Furnaces Private Limited
About Nirvan Furnaces Private Limited
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Nirvan Furnaces Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the metal products segment of the metals and mining sector. It was incorporated on 31 March 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28100MH1981PTC024165. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹45 Lakh. It is led by directors Indra Hiroo Makhijani and Girish Hiroo Makhijani.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at G – 6 Gitanjalibehind Radio Club Colaba, Mumbai, Maharashtra, India – 400005.
As per the financials filed for FY 2025, the company reported a revenue of ₹54,496, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹1.18 Lakh (net margin -216.9%) and EBITDA of -₹1.18 Lakh (EBITDA margin -216.2%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years and 47% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹26.5 Lakh and satisfied charges of ₹3.9 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Nirvan Furnaces Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressG – 6 Gitanjalibehind Radio Club Colaba, Mumbai, Maharashtra, India – 400005
- IndustryMetal & Minerals, Metal Products, Manufacturing
To see the full contact details of Nirvan Furnaces 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 Nirvan Furnaces Private Limited
FY 2025 filings availableNirvan Furnaces Private Limited reported revenue of ₹54,496 (down 52% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 47% over five years, including a 52% fall in the latest year. EBITDA rose 92% 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 |
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| EBITDA | -₹1.18 Lakh | ||||
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| Net Profit (PAT) | -₹1.18 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -216.2% | ||||
| Net Profit Margin | -216.9% | ||||
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To see the full financial statements and ratios of Nirvan Furnaces Private Limited, buy the company report.
Board of directors of Nirvan Furnaces Private Limited
Nirvan Furnaces has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Indra Hiroo Makhijani | Director | 31 Mar 1981 | 45 Years 6 Months | Current |
| Girish Hiroo Makhijani | Director | 01 Jan 1991 | 35 Years 9 Months | Current |
Auditor
Nirvan Furnaces Private Limited is audited by NILESH P PARIKH & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NILESH P PARIKH & CO | FY 2020 | 107076W |
Shareholding
The shareholding of Nirvan Furnaces Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Nirvan Furnaces Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jan 1988 | 90164811 | Deutsche Bank | ₹26.5 Lakh | Open | |
| 24 Jul 2007 | 10066244 | The Thana Janata Sahakari Bank | ₹25 Lakh | Satisfied | |
| 04 Oct 2004 | 80035059 | The Thane Janata Sahakari Bank | ₹2.25 Cr | Satisfied | |
| 04 Jun 2004 | 90165549 | The Janta Shekari Bank Limited | ₹5 Lakh | Satisfied | |
| 15 Apr 2004 | 90165542 | The Janta Shekari Bank Limited | ₹15 Lakh | Satisfied |
To see the full charge records of Nirvan Furnaces Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
No court or tribunal cases involving Nirvan Furnaces 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 Nirvan Furnaces Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nirvan Furnaces Private Limited has a workforce of 2 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Nirvan Furnaces 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 Nirvan Furnaces Private Limited, buy the company report.
Recent activity
Nirvan Furnaces Private Limited has 5 board changes on record since 1981: 2 appointments and 3 cessations. The latest: Hiroo Thakurdas Makhijani ceased to be Managing Director on 12 Jun 2023.
13 earlier events are in the company report.
Frequently asked questions
Nirvan Furnaces is an active private limited company based in Mumbai, Maharashtra, India. The company works in metal products, within the metal and minerals industry. It was incorporated on 31 March 1981 (45+ years old) and is registered under CIN U28100MH1981PTC024165.
Nirvan Furnaces has 2 current directors:
- Indra Hiroo Makhijani - Director
- Girish Hiroo Makhijani - Director
The latest financial statements of Nirvan Furnaces on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
No. Nirvan Furnaces has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Nirvan Furnaces is U28100MH1981PTC024165. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nirvan Furnaces was incorporated on 31 March 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.
Hiroo Thakurdas Makhijani ceased to be Managing Director on 12 Jun 2023. Sunil Mohan Wadhwani ceased to be Alternate Director on 07 Nov 2011. Meghraj Dayaldas Chanchlani ceased to be Director on 01 Oct 2009. Nirvan Furnaces has 5 board changes on record in total.
The registered office of Nirvan Furnaces is at G – 6 Gitanjalibehind Radio Club Colaba, Mumbai, Maharashtra, India – 400005.
Nirvan Furnaces operates in the metal and minerals industry, in the metal products segment.
Nirvan Furnaces has open charges of ₹26.5 Lakh and satisfied charges of ₹3.9 Cr as per latest MCA filings.