Nandan Denim Limited

Textile company specializing in denim and shirting production, with integrated power plant and manufacturing facilities.

1994 | Ahmedabad, Gujarat (India) | Active
Last Updated: July 08, 2024

Nandan Denim Profile

Key Indicators

  • Authorised Capital ₹ 150.00 Cr
  • Paid Up Capital ₹ 144.15 Cr
  • Company Age 30 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,904.87 Cr
  • Satisfied Charges ₹ 622.43 Cr
  • Revenue Growth -7.10%
  • Profit Growth -98.82%
  • Ebitda -47.34%
  • Net Worth 0.25%
  • Total Assets -12.16%

About Nandan Denim

Nandan Denim Limited (NDL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 August 1994 and has a history of 30 years and six months. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532641 and on the National Stock Exchange(NSE) under NDL.

The Corporate was formerly known as Nandan Exim Private Limited. The Company is engaged in the Fashion And Textile 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 150.00 Cr and a paid-up capital of Rs 144.15 Cr.

The company currently has active open charges totaling ₹1,904.87 Cr. The company has closed loans amounting to ₹622.43 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Nandan Denim Limited India are Deepak Jyotiprasad as Ceo, Suresh Maheshwari as Cfo, and Rinkuben Patel as Company Secretary. Jyotiprasad Chiripal, Rahul Narendra, Giraj Sharma, and Three other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    chiripalgroup.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L51909GJ1994PLC022719

  • Company No.

    022719

  • Stock Symbol

    BSE : 532641 NSE : NDL

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Aug 1994

  • Date of AGM

    28 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Fashion and Textile

What products or services does Nandan Denim Limited offer?

Nandan Denim Limited offers a wide range of products and services, including Apparel Denim Fabric, Denim Fabric, Readymade Garments, Shirt, Indigo Denim, Natural Fiber Yarns, Cotton Yarn, Industrial Fabrics and Textiles, Industrial Fabric, Apparel & Clothing Fabric.

Who are the key members and board of directors at Nandan Denim?

Executive Team (4)

NameDesignationAppointment DateStatus
Jyotiprasad Chiripal Country flag representing In Managing Director29-May-2017Current
Deepak Jyotiprasad Country flag representing In CEO18-Jul-2005Current
Suresh Maheshwari CFO30-May-2023Current
Rinkuben Patel Country flag representing In Company SecretaryCurrent

Board Members (5)

NameDesignationAppointment DateStatus
Kirit Joshi Country flag representing In Director 13-Aug-2022Current
Giraj Sharma Country flag representing In Director 11-Nov-2014Current
Rahul Narendra Country flag representing In Director 13-Aug-2022Current
Shaktidan Gadhavi Country flag representing In Whole-Time Director 28-Dec-2020Current
Nalini Nageswaran Country flag representing In Director 30-May-2023Current

Financial Performance of Nandan Denim.

Nandan Denim Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.1% decrease. The company also saw a substantial fall in profitability, with a 98.82% decrease in profit. The company's net worth moved up by a moderate rise of 0.25%.

Graph illustrating revenue growth over time
Graph showing 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
-7.10%
Revenue from Operations
-6.84%
Total Assets
-12.16%
Profit or Loss
-98.82%
Net Worth
0.25%
EBITDA
-47.34%

What is the Ownership and Shareholding Structure of Nandan Denim?

In 2023, Nandan Denim had a promoter holding of 64.87% and a public holding of 35.12%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,904.87 Cr

Satisfied Charges

₹622.43 Cr

Charges Breakdown by Lending Institutions

  • Others : 1411.61 Cr
  • State Bank Of India : 493.26 Cr

Latest Charge Details

DateLenderAmountStatus
22 Jun 2023Others₹3.07 CrOpen
31 Mar 2022Others₹10.50 CrOpen
04 Sep 2006State Bank Of India₹493.26 CrOpen
06 May 2004Others₹699.02 CrOpen
06 May 2004Others₹699.02 CrOpen

How Many Employees Work at Nandan Denim?

Nandan Denim has a workforce of 1259 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nandan Denim, 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 Nandan Denim'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 Nandan Denim

Recent activity within the organization

  • Annual General Meeting

    Nandan Denim Limited last Annual general meeting of members was held on 28 Aug 2023 as per latest MCA records.

    28 Aug 2023

  • Charges

    A charge with Others amounted to Rs. 3.07 Cr with Charge ID 100740606 was registered on 22 Jun 2023.

    22 Jun 2023

  • Balance Sheet

    Nandan Denim Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 699.02 Cr registered on 06 May 2004 with Charge ID 90099828 was modified on 19 Jan 2023.

    19 Jan 2023

  • Charges

    A charge with Others of Rs. 699.02 Cr registered on 06 May 2004 with Charge ID 90100998 was modified on 19 Jan 2023.

    19 Jan 2023

  • Director Appointment

    Kirit Vaikunthraya Joshi was appointed as a Director was appointed as a Director on 13 Aug 2022 & has been associated with this company since 2 years 6 months .

    13 Aug 2022

Frequently asked questions

  • Nandan Denim Limited was incorporated on 09 Aug 1994.

  • The authorized share capital of Nandan Denim Limited is ₹ 150.00 Cr and paid-up capital is ₹ 144.15 Cr.

  • Currently 9 directors are associated with Nandan Denim Limited.

    • Jyotiprasad Devkinandan Chiripal
    • Rahul Mehta Narendra
    • Giraj Mohan Sharma
    • Kirit Vaikunthraya Joshi
    • Shaktidan Jayendrasingh Gadhavi
    • Nalini Nageswaran
    • Deepak Chiripal Jyotiprasad
    • Suresh Chand Maheshwari
    • Rinkuben Hardikkumar Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nandan Denim Limited is Survey No 198/1 203/2 Saijpur Gopalpur, Pirana Road Piplej, Ahmedabad, Gujarat, India, 382405.

  • The corporate identification number (CIN) of Nandan Denim Limited is L51909GJ1994PLC022719 and the company number is 022719 as per Ministry of Corporate Affairs (MCA).

  • Yes, Nandan Denim Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): NDL.

  • The Official website of Nandan Denim Limited is https://www.chiripalgroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nandan Denim Limited has fallen by -7.10%.

  • As Per 2023 financial reports, 1259 employees are currently employed by Nandan Denim Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nandan Denim Limited has experienced an upsurge of 0.25%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nandan Denim Limited amount to ₹ 1,904.87 Cr.

  • The most recent Balance Sheet for Nandan Denim Limited was filed with the ROC on 31 Mar 2023.

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