Nidec India Precision Tools Profile
Key Indicators
- Authorised Capital ₹ 8.00 Cr
- Paid Up Capital ₹ 6.97 Cr
- Company Age 61 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 40.16%
- Profit Growth 82.60%
- Ebitda 82.15%
- Net Worth 10.57%
- Total Assets 9.42%
About Nidec India Precision Tools
Nidec India Precision Tools Limited (NIPTL) was founded in India on 12 March 1963 and has a glorious history of 61 years and ten months. Its registered office is in Vellore, Tamil Nadu, India.
The Corporate was formerly known as Mitsubishi Heavy Industries India Precision Tools Limited. The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 8.00 Cr and a paid-up capital of Rs 6.97 Cr, as per Ministry of Corporate Affairs (MCA) records.
Appan Priya, Munetaka Nomura, Nallappan Valliappan, and Six other members serve as directors at the Company.
Company Details
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Location
Vellore, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U29130TN1963PLC004990
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Company No.
004990
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
12 Mar 1963
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
What products or services does Nidec India Precision Tools Limited offer?
Nidec India Precision Tools Limited offers a wide range of products and services, including Shearing, Trimming & Metal Profiling, Broaching Tool, Cutting Tools & Milling Cutter, Cutting Tools, Gearbox, Axle, Sprocket & Gear Parts, Automotive Gears, Gear Cutting Tools, Apparel & Textile Machinery, Fabric Cutters, Buffing, Surface Finishing Machines.
Who are the key members and board of directors at Nidec India Precision Tools?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nallappan Valliappan
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Managing Director | 28-Jun-2019 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Prafful Lalwani
|
Director | 08-Mar-2021 | Current |
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Appan Priya
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Director | 08-Mar-2021 | Current |
Munetaka Nomura
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Director | 13-Mar-2019 | Current |
| Rathakrishnan Sankar | Whole-Time Director | 01-Jul-2024 | Current |
| Madhavaram Dhanasekaran | Whole-Time Director | 01-Jul-2024 | Current |
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Haruhiko Niitani
|
Director | 12-Oct-2023 | Current |
Financial Performance of Nidec India Precision Tools.
Nidec India Precision Tools Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 40.16% increase. The company also saw a substantial improvement in profitability, with a 82.6% increase in profit. The company's net worth Soared by an impressive increase of 10.57%.
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What is the Ownership and Shareholding Structure of Nidec India Precision Tools?
In 2022, Nidec India Precision Tools had a promoter holding of 96.48% and a public holding of 3.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Dynavision Green Solutions LimitedAppan Priya is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Nidec India Precision Tools?
Nidec India Precision Tools has a workforce of 286 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Nidec India Precision Tools, 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 Nidec India Precision Tools'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.
