Worthington Nitin Cylinders Private Limited - Company Profile

It is a machinery and equipment private limited company based in Mumbai, Maharashtra, India, established in 2006.

2006 Mumbai, Maharashtra, India Active

Last Updated: February 11, 2026

About Worthington Nitin Cylinders Private Limited

Worthington Nitin Cylinders Private Limited, a active private limited company, was established on 27 September 2006 in Mumbai, Maharashtra, India. Engaging in industrial machinery manufacturing within the manufacturing sector, it holds CIN: U27109MH2006PTC164954. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹6.00 Cr and a paid-up capital of ₹5.84 Cr.

Formerly known as Worthington Nitin Cylinders Limited, Nitin Cylinders Limited. It upholds a active non-compliant status. Its leadership includes Nitin Mansukhlal Shah (Director), Gopal Krishna Ganesh Prasad Shahi (Director), Allan Marcelline Lopes (Director Appointed In Casual Vacancy). Past directors included Andrew James Billman, Krishna Kant Jha, Yogesh Choudhary. It holds no open charges and ₹108.13 Cr settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at 501, Delta Technology Street, Hiranandani Gardens, Powai, Mumbai, Maharashtra, 400076.

Company Details

CIN/LLPIN
U27109MH2006PTC164954
Registration Number
164954
Incorporation Date
27 September 2006
Authorized Capital
₹6.00 Cr
Paid-Up Capital
₹5.84 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 6.00 Cr as on 11-02-2026
Paid Up Capital ₹ 5.84 Cr as on 11-02-2026
Company Age 19 Year, 4 Months
Last Filing with ROC 31 Mar 2025
Satisfied Charges ₹ 108.13 Cr as on 11-02-2026
Revenue Growth **** 43.74% (FY 2022)
Profit Growth **** 5.53% (FY 2022)
Ebitda **** -42.21% (FY 2022)
Net Worth -30.01% (FY 2022)
Total Assets -38.28% (FY 2022)

Comprehensive Company Insights

Explore comprehensive insights into Worthington Nitin Cylinders Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Worthington Nitin Cylinders Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Nitin Mansukhlal Shah	Director	27 Sep 2006	Current
Gopal Krishna Ganesh Prasad Shahi	Director	21 May 2018	Current
Allan Marcelline Lopes	Director Appointed In Casual Vacancy	19 Sep 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	26 Sep 2011	Past
Pramod Abcsdd	Director	29 Dec 2010	Past
Pramod Abcsdd	Company Secretary	31 Mar 2015	Past
Pramod Abcsdd	Director	14 Oct 2013	Past
Pramod Abcsdd	Additional Director	01 Jul 2015	Past
Pramod Abcsdd	Director	14 Oct 2013	Past

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Financial Performance of Worthington Nitin Cylinders.

Worthington Nitin Cylinders Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 43.74% increase. The company also saw a slight improvement in profitability, with a 5.53% increase in profit. The company's net worth observed a substantial decline by a decrease of 30.01%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

43.74%

*******

Revenue from Operations

*******

Total Assets

*******

-38.28%

*******

Profit or Loss

*******

5.53%

*******

Net Worth

*******

-30.01%

*******

EBITDA

*******

-42.21%

*******

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What is the Ownership and Shareholding Structure of Worthington Nitin Cylinders?

In 2021, Worthington Nitin Cylinders had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1,081,300,000.00

Charges Breakdown by Lending Institutions

Dena Bank : 41.60 Cr
State Bank Of Hyderabad : 32.00 Cr
State Bank Of India : 24.53 Cr
Yes Bank Limited : 10.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
18 Nov 2008	Dena Bank	₹41.60 Cr	Satisfied
01 Nov 2008	Yes Bank Limited	₹10.00 Cr	Satisfied
30 Nov 2007	State Bank Of Hyderabad	₹15.00 Cr	Satisfied
25 Nov 2006	State Bank Of India	₹24.53 Cr	Satisfied
24 Nov 2006	State Bank Of Hyderabad	₹17.00 Cr	Satisfied

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How Many Employees Work at Worthington Nitin Cylinders?

Worthington Nitin Cylinders has a workforce of 0 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Worthington Nitin Cylinders, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Worthington Nitin Cylinders's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Worthington Nitin Cylinders

Recent Activity within the Organization

Annual General Meeting

Worthington Nitin Cylinders Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was recorded as a recent event.
29 Sep 2025
Director Appointment

Progress on Allan Marcelline Lopes was appointed as a Director Appointed In Casual Vacancy was appointed as a Director Appointed In Casual Vacancy on 19 Sep 2025 & has been associated with this company since 4 months 30 days . was documented.
19 Sep 2025
Balance Sheet

The activity Worthington Nitin Cylinders Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.
31 Mar 2025
Director Appointment

Progress on Gopal Krishna Ganesh Prasad Shahi was appointed as a Director was appointed as a Director on 21 May 2018 & has been associated with this company since 7 years 8 months . was documented.
21 May 2018
Charges

A charge registered on 18 Nov 2008 via Charge ID 10137021 with Dena Bank was fully satisfied on 15 Feb 2011. was recorded as a recent event.
15 Feb 2011
Charges

Progress on A charge registered on 25 Nov 2006 via Charge ID 10028810 with State Bank Of India was fully satisfied on 04 Feb 2011. was documented.
04 Feb 2011

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