Nascent Chemical Industries Limited

Founded in 1966 and headquartered in Gujarat, India.

1966 | Surat, Gujarat (India) | Active
Last Updated:

Nascent Chemical Industries Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 6.00 M
  • Company Age 58 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -93.60%
  • Profit Growth 34.30%
  • Ebitda -12.79%
  • Net Worth -23.24%
  • Total Assets -22.24%

About Nascent Chemical Industries

Nascent Chemical Industries Limited (NCIL) was founded in India on 04 May 1966 and has a glorious history of 58 years and ten months.Its registered office is in Surat, Gujarat, India.

The Corporate was formerly known as Nascent Chemical Industries Private Limited. The Company is engaged in the Chemicals And Materials 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 5.00 Cr and a paid-up capital of Rs 6.00 M, as per Ministry of Corporate Affairs (MCA) records.

Krishnakant Mashruwala, Tushar Mashruwala, and Shyamal Mashruwala serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    nascent.net.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24100GJ1966PLC104722

  • Company No.

    104722

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 May 1966

  • Date of AGM

    28 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals and Materials

Who are the key members and board of directors at Nascent Chemical Industries?

Board Members (3)

NameDesignationAppointment DateStatus
Tushar Mashruwala Country flag representing In Director 18-Sep-1987Current
Krishnakant Mashruwala Country flag representing In Director 04-May-1966Current
Shyamal Mashruwala Country flag representing In Director 29-Sep-1981Current

Financial Performance of Nascent Chemical Industries.

Nascent Chemical Industries Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 93.6% decrease. The company also saw a substantial improvement in profitability, with a 34.3% increase in profit. The company's net worth observed a substantial decline by a decrease of 23.24%.

Nascent Chemical Industries revenue growth over time
Nascent Chemical Industries 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
-93.60%
Revenue from Operations
Total Assets
-22.24%
Profit or Loss
34.30%
Net Worth
-23.24%
EBITDA
-12.79%

What is the Ownership and Shareholding Structure of Nascent Chemical Industries?

In 2024, Nascent Chemical Industries had a promoter holding of 49.16% and a public holding of 50.84%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Nascent Chemical Industries?

Nascent Chemical Industries has a workforce of 64 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.

Employee growth trends for Nascent Chemical Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nascent Chemical Industries, 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 Nascent Chemical Industries'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 Nascent Chemical Industries

Recent activity within the organization

  • Annual General Meeting

    Nascent Chemical Industries Limited last Annual general meeting of members was held on 28 Jun 2024 as per latest MCA records.

  • Balance Sheet

    Nascent Chemical Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Tushar Mashruwala was appointed as a Director was appointed as a Director on 18 Sep 1987 & has been associated with this company since 37 years 5 months .

  • Director Appointment

    Shyamal Krishnakant Mashruwala was appointed as a Director was appointed as a Director on 29 Sep 1981 & has been associated with this company since 43 years 5 months .

  • Director Appointment

    Krishnakant Champaklal Mashruwala was appointed as a Director was appointed as a Director on 04 May 1966 & has been associated with this company since 58 years 10 months .

  • Company Incorporation

    Nascent Chemical Industries Limited was registered on 04 May 1966 with Roc Ahmedabad & aged 58 years 10 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Nascent Chemical Industries Limited?

    Nascent Chemical Industries Limited was incorporated on 04 May 1966.

  • What is authorized share capital and paid-up capital of Nascent Chemical Industries Limited?

    The authorized share capital of Nascent Chemical Industries Limited is ₹ 5.00 Cr and paid-up capital is ₹ 6.00 M.

  • Who are the current board members & directors of Nascent Chemical Industries Limited?

    Currently 3 directors are associated with Nascent Chemical Industries Limited.

    • Krishnakant Champaklal Mashruwala
    • Tushar Mashruwala
    • Shyamal Krishnakant Mashruwala

  • What is the registered address of Nascent Chemical Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Nascent Chemical Industries Limited is 9/1827 First Floor City Plaza Bldg. Opp. Chapir Lane, Lalgate India, Surat, Gujarat, 395003.

  • What is the corporate identification number (CIN) and company number of Nascent Chemical Industries Limited?

    The corporate identification number (CIN) of Nascent Chemical Industries Limited is U24100GJ1966PLC104722 and the company number is 104722 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Nascent Chemical Industries Limited?

    The Official website of Nascent Chemical Industries Limited is https://www.nascent.net.in

  • What has been the recent revenue trend for Nascent Chemical Industries Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Nascent Chemical Industries Limited has fallen by -93.60%.

  • How many employees does Nascent Chemical Industries Limited currently have?

    As Per 2024 financial reports, 64 employees are currently employed by Nascent Chemical Industries Limited.

  • What change has been observed in the net worth of Nascent Chemical Industries Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Nascent Chemical Industries Limited has experienced an downturn of -23.24%.

  • When was the last Balance Sheet of Nascent Chemical Industries Limited filed with the ROC?

    The most recent Balance Sheet for Nascent Chemical Industries Limited was filed with the ROC on 31 Mar 2024.

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