Noble Steels Pvt Ltd
About Noble Steels Pvt Ltd
Data last updated:
Noble Steels Pvt Ltd is a private limited company based in Ludhiana, Punjab, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 07 October 1992.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U27109PB1992PTC012642. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹50 Lakh. It is led by directors Ashu Jain and Surjeet Singh.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Vill Mangli Uchip O Ramgarh Chandigarh Road, Ludhiana, Punjab, India.
As per the financials filed for FY 2022, the company reported a revenue of ₹81.67 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹11.34 Cr (net margin -13.9%) and EBITDA of -₹10.45 Cr (EBITDA margin -12.8%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 20% over five years.
The company has about 41 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.62 Cr and satisfied charges of ₹21.63 Cr on record. Court records list 11 cases involving the company, including 2 filed by the company and 9 filed against it; 6 cases are pending. The company has 4 deals on record (4 secondary share transfers); the latest was in January 2019.
Company details
Contact details
Noble Steels Pvt Ltd's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressVill Mangli Uchip O Ramgarh Chandigarh Road, Ludhiana, Punjab, India
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Noble Steels 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
Business activity
The main business activity of Noble Steels 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 Noble Steels Pvt Ltd, buy the company report.
Financials of Noble Steels Pvt Ltd
FY 2022 filings availableNoble Steels Pvt Ltd reported revenue of ₹81.67 Cr (down 2% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA rose 12% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹81.67 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹10.45 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.34 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -12.8% | ||||
| Net Profit Margin | -13.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Current Ratio | |||||
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| Receivable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Noble Steels Pvt Ltd, buy the company report.
Board of directors of Noble Steels Pvt Ltd
Noble Steels has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surjeet Singh | Additional Director | 17 Feb 2022 | 4 Years 8 Months | As last reported |
| Ashu Jain | Director | 19 Nov 2018 | 7 Years 11 Months | As last reported |
Auditor
Noble Steels Pvt Ltd is audited by SACHDEVA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SACHDEVA & ASSOCIATES | FY 2022 | 0000205N |
Shareholding
The shareholding of Noble Steels Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Noble Steels Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2021 | 100500684 | Axis Bank Limited | ₹45 Lakh | Open | |
| 24 Sep 2020 | 100376278 | Indian Bank | ₹1.48 Cr | Open | |
| 09 Mar 2020 | 100334276 | Indian Bank | ₹9.39 Cr | Open | |
| 30 Apr 2019 | 100266549 | Axis Bank Limited | ₹30 Lakh | Open | |
| 27 Mar 2019 | 100262016 | Others | ₹7.5 Cr | Satisfied |
To see the full charge records of Noble Steels Pvt Ltd, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Noble Steels Pvt Ltd has 4 deals on record (4 secondary share transfers); the latest was in January 2019.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2019 | Secondary share transfer | Undisclosed | Buyer: Ashu Jain Huf, 2 individuals Seller: Khurana Steels Limited, 2 individuals |
| Dec 2018 | Secondary share transfer | Undisclosed | Buyer: Ashu Jain Huf, an individual Seller: 2 individuals |
| Aug 2011 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Apr 2010 | Secondary share transfer | Undisclosed | Buyer: Harpreet Singh & Sons Huf, Jasmeet Singh & Sons Huf, Khurana Casting Private Limited, an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Noble Steels Pvt Ltd has 11 court cases on record: 2 filed by Noble Steels, 9 filed against it. 6 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 8 | 5 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Poonawalla Fincorp Limited | Pending |
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by an individual | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed against the company | Pending |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against Indian Bank | Pending |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by an individual | Pending |
To see the full case history of Noble Steels 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Noble Steels Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Noble Steels Pvt Ltd has a workforce of 41 employees on its EPFO records as of Sep 23, 2025, across 1 active EPFO establishment.
GST
Noble Steels 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 Noble Steels Pvt Ltd, buy the company report.
Recent activity
Noble Steels Pvt Ltd has 10 board changes on record since 2011: 2 appointments and 8 cessations. The latest: Aravind Prasad ceased to be Director on 10 Mar 2022.
19 earlier events are in the company report.
Frequently asked questions
Noble Steels is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Noble Steels is a company under liquidation, formerly operating as a private limited company based in Ludhiana, Punjab, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 07 October 1992 and is registered under CIN U27109PB1992PTC012642. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Noble Steels has 2 current directors:
- Surjeet Singh - Additional Director
- Ashu Jain - Director
The latest financial statements of Noble Steels on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Noble Steels is U27109PB1992PTC012642. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Noble Steels has open charges of ₹11.62 Cr and satisfied charges of ₹21.63 Cr as per latest MCA filings.
Noble Steels has 11 court cases on record: 2 filed by the company and 9 filed against it. 6 are pending. Most are in the district courts.
Noble Steels was incorporated on 07 October 1992. It is registered with the Registrar of Companies, Chandigarh.
Noble Steels has 4 deals on record (4 secondary share transfers); the latest was in January 2019.
Aravind Prasad ceased to be Director on 10 Mar 2022. Mukesh Kumar Ambast ceased to be Director on 10 Mar 2022. Surjeet Singh was appointed as Additional Director on 17 Feb 2022. Noble Steels has 10 board changes on record in total.