
Nutan Ispat and Power Private Limited
About Nutan Ispat and Power Private Limited
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Nutan Ispat and Power Private Limited is a private limited company based in Raipur, Chhattisgarh, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 22 April 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U27106CT2002PTC015076. Its GSTIN is 22AABCN4931B1Z4 (Chattisgarh). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹9.5 Cr and a paid-up capital of ₹4.84 Cr. It is led by directors including Chandra Pratap Singh and Saurabh Tola.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at A – 4 Fourth Floor Farishta Complex Rajbandha, Raipur, Chhattisgarh, India – 492001.
As per the financials filed for FY 2024, the company reported a revenue of ₹967.91 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹20.95 Cr (net margin 2.2%) and EBITDA of ₹54.84 Cr (EBITDA margin 5.7%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 24% over five years.
As per MCA filings, the company has open charges of ₹261.47 Cr and satisfied charges of ₹61.32 Cr on record. Court records list 30 cases involving the company, including 9 filed by the company and 21 filed against it; 3 cases are pending. The company has 18 deals on record (16 secondary share transfers, 2 funding rounds), with disclosed funding of ₹5.19 Cr; the latest was in January 2024. Its 6 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger and 2 smaller; the largest is Gaurang Products Private Limited with revenue of ₹990.68 Cr. The company has 4 MSME Form 1 returns on record between 2018 and 2019, listing 21 overdue payments to 15 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Nutan Ispat and Power Private Limited's registered office is in Raipur, Chhattisgarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 4 Fourth Floor Farishta Complex Rajbandha, Raipur, Chhattisgarh, India – 492001
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Nutan Ispat and Power 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 Nutan Ispat and Power 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 Nutan Ispat and Power Private Limited, buy the company report.
Financials of Nutan Ispat and Power Private Limited
FY 2024 filings availableNutan Ispat and Power Private Limited reported revenue of ₹967.91 Cr (up 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 10% growth in the latest year. EBITDA fell 1% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹54.84 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20.95 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.7% | ||||
| Net Profit Margin | 2.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Nutan Ispat and Power Private Limited, buy the company report.
Board of directors of Nutan Ispat and Power Private Limited
Nutan Ispat and Power has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandra Pratap Singh | Director | 17 Jul 2020 | 6 Years 3 Months | Current |
| Saurabh Tola | Director | 10 Sep 2016 | 10 Years 2 Months | Current |
| Krrish Khetan Also directs: Karnikripa Power Private Limited | Director | 08 Dec 2025 | 0 Years 11 Months | Current |
Peer comparison
Nutan Ispat and Power Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Gaurang Products Private Limited | ₹990.68 Cr (FY 2025) | 15.0% | Delhi, India | |||
| Amar Partap Steels Limited | ₹983.31 Cr (FY 2025) | -3.0% | Jaipur, Rajasthan, India | |||
| Rathi Steel and Metal Private Limited | ₹983.22 Cr (FY 2024) | -4.0% | Jalna, Maharashtra, India | |||
| Welspun Metallics Limited | ₹969.65 Cr (FY 2023) | 1440.0% | Kachchh, Gujarat, India | |||
| Nutan Ispat and Power Private Limitedthis company | ₹967.91 Cr (FY 2024) | ₹20.95 Cr | 2.2% | 10.0% | Raipur, Chhattisgarh, India | |
| Bansal Alloys and Metals Private Limited | ₹955.65 Cr (FY 2024) | -3.0% | Punjab, India | |||
| Prime Steel Processors Private Limited | ₹946.37 Cr (FY 2025) | 26.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Nutan Ispat and Power Private Limited, buy the company report.
Auditor
Nutan Ispat and Power Private Limited is audited by BEGANI AND 'BEGANI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BEGANI AND 'BEGANI | FY 2023 | 010779C |
Shareholding
The shareholding of Nutan Ispat and Power Private Limited 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 Nutan Ispat and Power Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Dec 2025 | 101216398 | Others | ₹5 Cr | Open | |
| 06 Dec 2025 | 101216403 | Others | ₹35 Cr | Open | |
| 07 Mar 2025 | 101107210 | Others | ₹60.32 Lakh | Open | |
| 28 Feb 2025 | 101072596 | Bank of India | ₹9.85 Lakh | Open | |
| 04 Jan 2025 | 101045898 | Others | ₹45.66 Lakh | Open |
To see the full charge records of Nutan Ispat and Power Private Limited, buy the company report.
Total charge records: 50 View all charges
Deals & funding
Nutan Ispat and Power Private Limited has 18 deals on record (16 secondary share transfers, 2 funding rounds), with disclosed funding of ₹5.19 Cr; the latest was in January 2024.
Deals on record (5 of 18)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: P K Agrawal (Huf), an individual |
| Aug 2016 | Secondary share transfer | Undisclosed | Buyer: Prashant Khetan HUF, Nawal Kishore Khetan HUF, Zircon Tradecomm Private Limited , an individual Seller: Proview Traders Private Limited , P K Agrawal (Huf), Shyam Baba Finance Private Limited |
| Aug 2014 | Secondary share transfer | Undisclosed | Buyer: Proview Traders Private Limited , an individual Seller: Chhattisgarh Coal Enterprises, Alexia Dealers Private Limited. , 2 individuals |
| Dec 2012 | Secondary share transfer | Undisclosed | Buyer: Ahar Financial Services Pvt Ltd Seller: Dolphin Commerce Private Limited , 2 individuals |
| Mar 2010 | Funding round | ₹2.72 Cr | Investors: Parbati Holdings Ltd , Ahar Financial Services Pvt Ltd , Bamleshwari Nivesh Pvt.Ltd. |
To see the full deal history of Nutan Ispat and Power Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nutan Ispat and Power Private Limited has 30 court cases on record: 9 filed by Nutan Ispat and Power, 21 filed against it. 3 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 17 | 10 | 3 |
| District courts | 10 | 9 | 0 |
| NCLAT | 2 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Siemens Financial Services Pvt Ltd | Disposed |
| High Court | Court case (EC) | Filed against the company by Cde Asia Limited | Disposed |
| High Court | Civil suit | Filed against the company by Cde Asia Ltd. | Disposed |
| High Court, CHHATTISGARH | Court case (TAXC) | Filed against the company by Commissioner | Pending |
| High Court | Writ petition | Filed by the company against Union of India and 7 others | Pending |
To see the full case history of Nutan Ispat and Power 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.
Credit ratings & regulatory alerts
Nutan Ispat and Power Private Limited was last rated by Crisil on 24 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 24 Jul 2020 |
To see the full credit ratings and regulatory alerts of Nutan Ispat and Power Private Limited, buy the company report.
MSME payment delays
Nutan Ispat and Power Private Limited has 4 MSME Form 1 returns on record between 2018 and 2019, listing 21 overdue payments to 15 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 15)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ferrite Metal Solutions Private Limited | |||
| Passary Minerals Madhya Private Limited | |||
| Maruti Engineering Works | |||
| an individual supplier | |||
| Suyash Solutions Pvt. Ltd. |
To see the full MSME payment records of Nutan Ispat and Power Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Nutan Ispat and Power has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AABCN4931B1Z4 | Chattisgarh | Active | 01 Jul 2017 |
| 22AABCN4931B1DD | Chattisgarh | Active | 24 Oct 2024 |
| 37AABCN4931B1ZT | Andhra Pradesh | Active | 28 Jul 2022 |
To see the full GST registrations and return filing status of Nutan Ispat and Power Private Limited, buy the company report.
Recent activity
Nutan Ispat and Power Private Limited has 16 board changes on record since 2011: 4 appointments and 12 cessations. The latest: Krrish Khetan was appointed as Director on 08 Dec 2025.
71 earlier events are in the company report.
Frequently asked questions
Nutan Ispat and Power is an active private limited company based in Raipur, Chhattisgarh, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 22 April 2002 (24+ years old) and is registered under CIN U27106CT2002PTC015076.
Nutan Ispat and Power has 3 current directors:
- Chandra Pratap Singh - Director
- Saurabh Tola - Director
- Krrish Khetan - Director
The latest financial statements of Nutan Ispat and Power on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nutan Ispat and Power is 22AABCN4931B1Z4, registered in Chattisgarh. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 22AABCN4931B1DD (Chattisgarh), 37AABCN4931B1ZT (Andhra Pradesh).
The CIN (Corporate Identification Number) of Nutan Ispat and Power is U27106CT2002PTC015076. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nutan Ispat and Power has 30 court cases on record: 9 filed by the company and 21 filed against it. 3 are pending. Most are in the high courts.
Nutan Ispat and Power was incorporated on 22 April 2002, making it 24+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
Nutan Ispat and Power has 18 deals on record (16 secondary share transfers, 2 funding rounds), with disclosed funding of ₹5.19 Cr; the latest was in January 2024.
The peers of Nutan Ispat and Power by revenue are Gaurang Products Private Limited, Amar Partap Steels Limited, Rathi Steel and Metal Private Limited, Welspun Metallics Limited, Bansal Alloys and Metals Private Limited and 1 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Krrish Khetan was appointed as Director on 08 Dec 2025. Sumant Rameshkumar Nathani ceased to be CEO on 14 Jun 2024. Chandra Pratap Singh was appointed as Director on 17 Jul 2020. Nutan Ispat and Power has 16 board changes on record in total.
Nutan Ispat and Power has 4 MSME Form 1 returns on record between 2018 and 2019, listing 21 overdue payments to 15 micro and small suppliers. The latest return was filed on 09 Jun 2019.
The registered office of Nutan Ispat and Power is at A – 4 Fourth Floor Farishta Complex Rajbandha, Raipur, Chhattisgarh, India – 492001.

