Nascent Retails Limited

Retail company selling household linens, curtains, and other daily use items through outlet and online.

2007 | Delhi (India) | Active
Last Updated: December 12, 2024

Nascent Retails Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 17 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -41.83%
  • Profit Growth 88.42%
  • Ebitda 55.21%
  • Net Worth -21.74%
  • Total Assets -9.75%

About Nascent Retails

Nascent Retails Limited (NRL) is a Public Limited Indian Non-Government Company incorporated in India on 13 December 2007 and has a history of 17 years and two months. Its registered office is in Delhi, India.

The Company is engaged in the Home & Lifestyle 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 0.50 M and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Laxmi Kothari, Bhushan Sonkar, and Amit Kothari serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    nascentretails.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51900DL2007PLC171409

  • Company No.

    171409

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Dec 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Home & Lifestyle

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

Board Members (3)

Name Designation Appointment Date Status
Laxmi Kothari Country flag representing In Additional Director 20-Apr-2021 Current
Bhushan Sonkar Country flag representing In Director 13-Dec-2007 Current
Amit Kothari Country flag representing In Director 13-Dec-2007 Current

Financial Performance of Nascent Retails.

Nascent Retails Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 41.83% decrease. The company also saw a substantial improvement in profitability, with a 88.42% increase in profit. The company's net worth observed a substantial decline by a decrease of 21.74%.

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
-41.83%
Revenue from Operations
Total Assets
-9.75%
Profit or Loss
88.42%
Net Worth
-21.74%
EBITDA
55.21%

What is the Ownership and Shareholding Structure of Nascent Retails?

In 2017, Nascent Retails had a promoter holding of 70.00% and a public holding of 30.00%. 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 Retails?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Nascent Retails Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Nascent Retails Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Director Appointment

    Laxmi Kothari was appointed as a Additional Director was appointed as a Additional Director on 20 Apr 2021 & has been associated with this company since 3 years 9 months .

    20 Apr 2021

  • Director Appointment

    Bhushan Sonkar was appointed as a Director was appointed as a Director on 13 Dec 2007 & has been associated with this company since 17 years 2 months .

    13 Dec 2007

  • Director Appointment

    Amit Kothari was appointed as a Director was appointed as a Director on 13 Dec 2007 & has been associated with this company since 17 years 2 months .

    13 Dec 2007

  • Company Incorporation

    Nascent Retails Limited was registered on 13 Dec 2007 with Roc Delhi & aged 17 years 2 months as per MCA records.

    13 Dec 2007

Frequently asked questions

  • Nascent Retails Limited was incorporated on 13 Dec 2007.

  • The authorized share capital of Nascent Retails Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with Nascent Retails Limited.

    • Laxmi Kothari
    • Bhushan Sonkar
    • Amit Kothari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nascent Retails Limited is Plot No.1 Pocket-B-5 Sectro-4 Rohini, India, New Delhi, 110085.

  • The corporate identification number (CIN) of Nascent Retails Limited is U51900DL2007PLC171409 and the company number is 171409 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nascent Retails Limited is https://www.nascentretails.com

  • According to the financial reports for the fiscal year 2017, the revenue trend for Nascent Retails Limited has fallen by -41.83%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Nascent Retails Limited has experienced an downturn of -21.74%.

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

People also Viewed

Similar Companies Based on Home Furnishings & Accessories Retail