| Company Name: | Narsingh Ispat Ltd |
| OldName: | |
| Group : | |
| Address: | Corp Office |
| 6C Elgin Road, 1st Floor | |
| Room No. 1A & 1B | |
| City: | Kolkatta 700020 West Bengal |
| Tel: | 033-30132790 / 30132794 |
| Fax: | 40036597 / 30132795 |
| Mktg-Email : | |
| HR-Email : | |
| Purchase-Email : | |
| Brands Owned : |
About the Company :
Narsingh Ispat Limited (NIL) incorporated on Sept.30, 2004 by Kolkata based Goyal Group. Commencing its operations from December 2004, NIL initially was engaged in trading of iron ore and gradually the company forayed into manufacturing activities. In March 2008, it commenced manufacturing of Pig Iron and currently the company has two 65cu mtr blast furnace (total installed capacities of 70,000 MTPA) along with backward integration of sinter plant & waste recycling plant at Jharkhand. Trading sales accounted for 80% during the last three years. The company had undertaken a project for setting up a gas based captive power plant of 3.6 MW (Rs.45.5 crore) & sinter plant for Rs.11.6 crore at a debt equity ratio of 2.1:1 to be completed by Sep. 2015.
During FY15 the company incurred net loss of Rs. 12.70 crore on a total operating income of Rs.143.4 crore. Due to liquidity issues, the company delayed in the payment of interest on term loans & instalment on term loans for the month of May & June 2015. Further there were overdraws in cash credit account. Also, there are ongoing delays in debt servicing
| Personnel | |
| Ramesh Baidhya | – |
| Hemant Goyal | – |
| Biswambar Samantray | – Raw Material Procurement Manager |
| – |
| Other Office Address |
| Plant 26, Ramlal Makheje Lane Salkia Howrah Howrah 711106 West Bengal Tel: 0657-2442119 Fax : 033-26658438 Email : [email protected] |
| Plant Khunti Village Near Chowka Khunti 832404 Saraikela Jharkhand Tel: 06591 244 701 |
| Corp Office 6C Elgin Road, 1st Floor Room No. 1A & 1B Kolkatta 700020 West Bengal 033-30132790 / 30132794 40036597 / 30132795 |
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