Nahar Credits Private Limited

Provides loans for various vehicles, appliances, and equipment through hire purchase and leasing.

1993 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Nahar Credits Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 7.51 Cr
  • Company Age 31 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 30.00 Cr
  • Revenue Growth 289.19%
  • Profit Growth -83.70%
  • Ebitda -66.10%
  • Net Worth -56.77%
  • Total Assets -45.50%

About Nahar Credits

Nahar Credits Private Limited (NCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 October 1993 and has a history of 31 years and four months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 7.51 Cr.

The company has closed loans amounting to ₹30.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Elizabeth Chapman, Mohit Chhajer, Mandar Satpute, and One other member serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    naharcredits.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65921TN1993PTC026044

  • Company No.

    026044

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Oct 1993

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Nahar Credits?

Board Members (4)

NameDesignationAppointment DateStatus
Elizabeth Chapman Country flag representing Gb Director 24-Jan-2013Current
Mohit Chhajer Country flag representing In Director 01-Feb-2021Current
Mandar Satpute Country flag representing In Director 27-Jan-2020Current
Priyamvada Sharma Country flag representing Gb Director 24-Jan-2013Current

Financial Performance of Nahar Credits.

Nahar Credits Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 289.19% increase. The company also saw a substantial fall in profitability, with a 83.7% decrease in profit. The company's net worth observed a substantial decline by a decrease of 56.77%.

Nahar Credits revenue growth over time
Nahar Credits profit and loss trends over time
  • 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
289.19%
Revenue from Operations
459.39%
Total Assets
-45.50%
Profit or Loss
-83.70%
Net Worth
-56.77%
EBITDA
-66.10%

What is the Ownership and Shareholding Structure of Nahar Credits?

In 2023, Nahar Credits 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 Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹30.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 30.00 Cr

Latest Charge Details

DateLenderAmountStatus
22 Feb 2022Others₹30.00 CrSatisfied

How Many Employees Work at Nahar Credits?

Unlock and access historical data on people associated with Nahar Credits, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Nahar Credits Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nahar Credits, 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 Nahar Credits's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Nahar Credits

Recent activity within the organization

  • Annual General Meeting

    Nahar Credits Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge registered on 22 Feb 2022 via Charge ID 100556637 with Others was fully satisfied on 05 Jul 2023.

  • Balance Sheet

    Nahar Credits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

  • Charges

    A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100556637 was registered on 22 Feb 2022.

  • Director Appointment

    Mohit Chhajer was appointed as a Director was appointed as a Director on 01 Feb 2021 & has been associated with this company since 4 years 30 days .

  • Director Appointment

    Mandar Babasaheb Satpute was appointed as a Director was appointed as a Director on 27 Jan 2020 & has been associated with this company since 5 years 1 month .

Frequently asked questions

  • What is the Incorporation or founding date of Nahar Credits Private Limited?

    Nahar Credits Private Limited was incorporated on 19 Oct 1993.

  • What is authorized share capital and paid-up capital of Nahar Credits Private Limited?

    The authorized share capital of Nahar Credits Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.51 Cr.

  • Who are the current board members & directors of Nahar Credits Private Limited?

    Currently 4 directors are associated with Nahar Credits Private Limited.

    • Elizabeth Lucy Chapman
    • Mohit Chhajer
    • Mandar Babasaheb Satpute
    • Priyamvada Sharma

  • What is the registered address of Nahar Credits Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Nahar Credits Private Limited is Flat No. 201 2Nd Floor Jayram Block Chitra Avenue No.9 Choolaimedu High School, C Hoolaimedu India, Chennai, Tamil Nadu, 600094.

  • What is the corporate identification number (CIN) and company number of Nahar Credits Private Limited?

    The corporate identification number (CIN) of Nahar Credits Private Limited is U65921TN1993PTC026044 and the company number is 026044 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Nahar Credits Private Limited?

    The Official website of Nahar Credits Private Limited is https://www.naharcredits.in

  • What has been the recent revenue trend for Nahar Credits Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Nahar Credits Private Limited has risen by 289.19%.

  • What change has been observed in the net worth of Nahar Credits Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Nahar Credits Private Limited has experienced an downturn of -56.77%.

  • When was the last Balance Sheet of Nahar Credits Private Limited filed with the ROC?

    The most recent Balance Sheet for Nahar Credits Private Limited was filed with the ROC on 31 Mar 2023.

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