North Eastern Steel Pvt Ltd
About North Eastern Steel Pvt Ltd
Data last updated:
North Eastern Steel Pvt Ltd is a private limited company based in Guwahati, Assam, India, a subsidiary of Sampati Merchants Private Limited. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 27 November 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Guwahati, under CIN U27106AS1984PTC002263. Its GSTIN is 18AABCN1709M1ZC (Assam). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.85 Cr. It is led by directors Sidhartha Sureka and Bhagwati Prasad Agarwalla.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Jaiguru Amingaon, Guwahati, Assam, India – 781031.
As per the financials filed for FY 2025, the company reported a revenue of ₹43.84 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹12.34 Lakh (net margin 0.3%) and EBITDA of ₹1.09 Cr (EBITDA margin 2.5%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 10% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹57.34 Cr and satisfied charges of ₹3.79 Cr on record. Court records list 10 cases involving the company, including 4 filed by the company and 6 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
North Eastern Steel Pvt Ltd's registered office is in Guwahati, Assam. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressJaiguru Amingaon, Guwahati, Assam, India – 781031
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of North Eastern Steel 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 North Eastern Steel 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 North Eastern Steel Pvt Ltd, buy the company report.
Financials of North Eastern Steel Pvt Ltd
FY 2024 filings availableNorth Eastern Steel Pvt Ltd reported revenue of ₹43.84 Cr (down 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 24% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 50% 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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| Total Expenses | |||||
| EBITDA | ₹1.09 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.34 Lakh | ||||
| 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 | 2.5% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of North Eastern Steel Pvt Ltd, buy the company report.
Board of directors of North Eastern Steel Pvt Ltd
North Eastern Steel has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sidhartha Sureka Also directs: P. D. Savera LLP, P.D.B.P. Plastic Industries Limited, PDBP Infra Private Limited and 5 more | Director | 01 Apr 2024 | 2 Years 6 Months | Current |
| Bhagwati Prasad Agarwalla Also directs: P. D. Savera LLP, P.D.B.P. Plastic Industries Limited, PDBP Infra Private Limited and 5 more | Director | 20 Nov 2019 | 6 Years 11 Months | Current |
Peer comparison
North Eastern Steel Pvt Ltd is compared with the 7 companies closest to it by revenue in the Metals and Minerals industry (Steel), 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 |
|---|---|---|---|---|---|---|
| Triveni Refractories Pvt Ltd | ₹44.12 Cr (FY 2025) | -13.0% | New Delhi, Delhi, India | |||
| Hindustan Ferro Alloy Industries Private Limited | ₹44.11 Cr (FY 2025) | -25.0% | Pune, Maharashtra, India | |||
| Suncity Metal Private Limited | ₹44.01 Cr (FY 2019) | 19.0% | Ahmedabad, Gujarat, India | |||
| Ashirwad Ispat (Ryp) Private Limited | ₹43.92 Cr (FY 2025) | -28.0% | Raipur, Chhattisgarh, India | |||
| North Eastern Steel Pvt Ltdthis company | ₹43.84 Cr (FY 2025) | ₹12.34 Lakh | 0.3% | -24.0% | 3 | Guwahati, Assam, India |
| Monga Strips Private Limited | ₹43.72 Cr (FY 2024) | -8.0% | Ludhiana, Punjab, India | |||
| Har Shree Nath Multi Trade Private Limited | ₹43.63 Cr (FY 2019) | -54.0% | Mumbai, Maharashtra, India | |||
| Harilaxmi Alloys Private Limited | ₹43.59 Cr (FY 2024) | -17.0% | Aligarh, Uttar Pradesh, India |
To see the full peer comparison of North Eastern Steel Pvt Ltd, buy the company report.
Auditor
North Eastern Steel Pvt Ltd is audited by S.K.JAJODIA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.K.JAJODIA & CO. | FY 2023 | 050582 |
Shareholding
The shareholding of North Eastern Steel 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 North Eastern Steel Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jan 2024 | 100865605 | State Bank of India | ₹10 Cr | Open | |
| 14 May 2020 | 100337078 | State Bank of India | ₹8.87 Cr | Open | |
| 14 Nov 2019 | 100312257 | Others | ₹24.8 Cr | Open | |
| 03 Jan 2017 | 100093596 | Others | ₹13.6 Cr | Open | |
| 04 Jul 1987 | 90266286 | Assam Industrial Development Corporation Ltd. | ₹2.59 Lakh | Open |
To see the full charge records of North Eastern Steel Pvt Ltd, buy the company report.
Total charge records: 10 View all charges
Legal cases
North Eastern Steel Pvt Ltd has 10 court cases on record: 4 filed by North Eastern Steel, 6 filed against it. 2 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 3 | 0 |
| District courts | 3 | 3 | 2 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kamrup Metro, Assam | Court case (Motor Vehicle Act) | Filed against the company by State of Assam | Pending |
| District court, Nagaon, Assam | Motor accident claim | Filed against the company by an individual | Disposed |
| High Court | Appeal | Filed against the company by Union of India and 4 Ors. and 4 others | Disposed |
| Supreme Court | Court case (0419-Indirect Taxes Matters : Interpretation of the Central Excise Act & the rules) | Filed by the company against an individual | Disposed |
| High Court | Court case (Review.Pet.) | Filed against the company by Union of India and Ors and 4 others | Disposed |
To see the full case history of North Eastern Steel 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 North Eastern Steel Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
North Eastern Steel Pvt Ltd has a workforce of 3 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
North Eastern Steel has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 18AABCN1709M1ZC | Assam | Active | 01 Jul 2017 |
| 18AABCN1709M5Z8 | Assam | Active | 16 May 2018 |
To see the full GST registrations and return filing status of North Eastern Steel Pvt Ltd, buy the company report.
Recent activity
North Eastern Steel Pvt Ltd has 6 board changes on record since 2016: 2 appointments and 4 cessations. The latest: Arun Kumar Rai ceased to be Director on 01 Apr 2024.
16 earlier events are in the company report.
Frequently asked questions
North Eastern Steel is an active private limited company based in Guwahati, Assam, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 27 November 1984 (42+ years old) and is registered under CIN U27106AS1984PTC002263.
North Eastern Steel has 2 current directors:
- Sidhartha Sureka - Director
- Bhagwati Prasad Agarwalla - Director
The latest financial statements of North Eastern Steel on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of North Eastern Steel is 18AABCN1709M1ZC, registered in Assam. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 18AABCN1709M5Z8 (Assam).
The CIN (Corporate Identification Number) of North Eastern Steel is U27106AS1984PTC002263. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
North Eastern Steel has 10 court cases on record: 4 filed by the company and 6 filed against it. 2 are pending. Most are in the high courts.
North Eastern Steel was incorporated on 27 November 1984, making it 42+ years old. It is registered with the Registrar of Companies, Guwahati.
The peers of North Eastern Steel by revenue are Triveni Refractories Pvt Ltd, Hindustan Ferro Alloy Industries Private Limited, Suncity Metal Private Limited, Ashirwad Ispat (Ryp) Private Limited, Monga Strips Private Limited and 2 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Arun Kumar Rai ceased to be Director on 01 Apr 2024. Sidhartha Sureka was appointed as Director on 01 Apr 2024. Vishal Agarwal ceased to be Director on 22 Nov 2019. North Eastern Steel has 6 board changes on record in total.
The registered office of North Eastern Steel is at Jaiguru Amingaon, Guwahati, Assam, India – 781031.
North Eastern Steel operates in the metals and minerals industry, in the steel manufacturing and processing segment.
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