Nipha Steels Ltd - Due diligence report

A 360° intelligence report on Nipha Steels Ltd: trust score, financial health, credit view, compliance, directors, growth and distress signa…

1973-07-17 Kolkata, West Bengal Active Unlisted Active Compliant
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NS Nipha Steels Ltd
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Nipha Steels Ltd — 360° Intelligence Report

Generated from MCA filings & public records
80/100
Trust Score
Low Risk

Nipha Steels Ltd is assessed as Low Risk with a Trust Score of 80/100. Nipha Steels Ltd is an active public limited indian non-government company incorporated in 1973, operating in the Metals and Minerals sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and low financial risk profile.

Report generated on 21 Jul 2026 from the latest processed filings. Nipha Steels Ltd snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Good

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
80/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
56/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
95/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
55/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
80/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
95/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
90/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 55/100 Moderate
  • Negative operating earnings - debt service depends on external support.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Moderate gearing (D/E 38%).
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

Charges position: 2 open (199.15 cr) · 3 satisfied (60.00 Lakh).

Banking relationships (from registered charges)
LenderChargesAmount
Others1 48.0 cr
United Bank Of India3 48.0 cr
Industrial Development Bank Of India1 48.0 cr
Compliance Score: 56/100 Moderate
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Flagged by authority: OFFICIAL LIQUIDATOR.
  • Litigation present in 2 court forum(s).
  • 1 active GST registration(s).
Legal cases on record (2)
05

Director Intelligence

Stability score: 80/100
NameDIN / PANDesignationAppointedTenureDIN status
MAHESH CHANDRA SHAH 01234567 Director 01/04/2018 6 yrs Approved
PAWAN KUMAR SHAH 01234567 Director 01/04/2018 6 yrs Approved
RAKESH SHAH 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • No disqualified or deactivated DINs.
  • 4 director exits in 3 years - high churn.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

As per FY 2022 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
-

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 95 · Distress 90
Growth signals & trust indicators
Revenue acceleration: +1.42 over 4 year(s).
Latest year revenue grew 2.1x.
Profit expanded 24% year-on-year.
Asset base grew 0.86 - capacity expansion.
Net margin improved to 61%.
Operating for 53+ years.
Active GST registration(s).
Distress signals & risk flags
Compliance score is weak (56/100).
2 open charge(s) registered - assets are encumbered.
2 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence73/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • No distress signals on file.
  • Financial filings available for verification.
Banker assessment67/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 2 open charge(s) of 199.15 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view91/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 5 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 14 events
26 Sep 2025
Last AGM held
Annual general meeting
08 Aug 2025
Charge created
Others - 198.80 cr
31 Mar 2025
Latest balance sheet
Filed with ROC
30 Sep 2023
Director ceased
SHIV PRAKASH KHETAN
29 Sep 2023
Director ceased
MAHESH CHANDRA SHAH
Director ceased
RAKESH SHAH
22 Aug 2023
Director ceased
GHANSHYAM DAS SHAH
10 Aug 2023
Director appointed
MAHESH CHANDRA SHAH (Director)
Director appointed
RAKESH SHAH (Director)
22 May 2014
Charge satisfied
United Bank Of India
15 Jan 2014
Director appointed
PAWAN KUMAR SHAH (Director)
06 Sep 1990
Charge created
Industrial Development Bank Of India - 35.00 Lakh
09 Nov 1974
Charge created
United Bank Of India - 20.00 Lakh
17 Jul 1973
Incorporated
Registered with Roc Kolkata I
10

Key Observations

Auto-generated from the data above
Revenue grew 38% over the last 4 financial year(s).
Debt-to-equity stands at 1.42 - manageable leverage.
Net worth is positive.
3 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2022 annual return.
11

Peers & Related Companies

Full peer comparison →
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Hind Industrial And Mercantile Corporation Private Limited U74999MH1947PTC005631 Kandivali West, Maharashtra, India
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Cleardekho U74999UP2016PTC088622 Ghaziabad, Uttar Pradesh, India
Tcm Exim Private Limited U51503DL2004PTC125930 New Delhi, Delhi, India
Aatmosfera Di Vita Private Limited U51900DL2008PTC176591 New Delhi, Delhi, India
Unisafe Health Care & Hygiene India Private Limited U85100WB2019PTC234752 Kolkata, West Bengal, India
Kaizen Drugs Private Limited U24231CH1995PTC015776 Chandigarh, Chandigarh, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Nipha Steels Ltd before audits and certifications: compliance score 56/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Nipha Steels Ltd: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 55/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 95/100, margin trends, ownership structure and peer set for Nipha Steels Ltd - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 80/100, distress signals and MSME payment-delay disclosures - know whether Nipha Steels Ltd pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (2 case(s) on record), regulatory flags, charge documents trail and director networks for Nipha Steels Ltd - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Nipha Steels Ltd an active company?

Nipha Steels Ltd has MCA status “Active” with a compliance score of 56/100 (Moderate).

Is Nipha Steels Ltd financially healthy?

Nipha Steels Ltd has a Financial Health Score of 95/100 (Low Risk) based on its filed financial statements.

Should I do business with Nipha Steels Ltd?

Its overall Trust Score is 80/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Nipha Steels Ltd?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 3 active director(s) are on record.

Does Nipha Steels Ltd have loans or charges against its assets?

2 open charge(s) are registered against its assets, and 3 earlier charge(s) stand satisfied.

Is Nipha Steels Ltd up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 56/100 (Moderate).

Is it risky to lend to Nipha Steels Ltd?

Its Credit Risk Score is 55/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.