Nashik Insulations Private Limited

Manufacturer of electrical insulation tapes since 1998, based in Nashik, Maharashtra.

1998 | Nashik, Maharashtra (India) | Active
Last Updated: October 24, 2024

Nashik Insulations Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.11 Cr
  • Company Age 26 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.74 Cr
  • Satisfied Charges ₹ 5.69 Cr
  • Revenue Growth 17.92%
  • Profit Growth -25.10%
  • Ebitda -5.31%
  • Net Worth 22.64%
  • Total Assets 19.33%

About Nashik Insulations

Nashik Insulations Private Limited (NIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 July 1998 and has a history of 26 years and six months. Its registered office is in Nashik, Maharashtra, India.

The Corporate was formerly known as Newtex Insulations Pvt Ltd. The Company is engaged in the Packaging 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 1.50 Cr and a paid-up capital of Rs 1.11 Cr.

The company currently has active open charges totaling ₹3.74 Cr. The company has closed loans amounting to ₹5.69 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sanjiev Kaushik, Archana Kaushik, and Varun Kaushik serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U26915MH1998PTC115701

  • Company No.

    115701

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Jul 1998

  • Date of AGM

    25 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Packaging

What products or services does Nashik Insulations Private Limited offer?

Nashik Insulations Private Limited offers a wide range of products and services, including Adhesive & Pressure Sensitive Tapes, Electric Tape, Industrial Tape, Fiberglass Tape, Safety Tapes, Polyester Tapes.

Who are the key members and board of directors at Nashik Insulations?

Executive Team (1)

NameDesignationAppointment DateStatus
Sanjiev Kaushik Country flag representing In Managing Director10-Jul-1998Current

Board Members (2)

NameDesignationAppointment DateStatus
Archana Kaushik Country flag representing In Director 10-Jul-1998Current
Varun Kaushik Country flag representing In Director 31-Dec-2010Current

Financial Performance of Nashik Insulations.

Nashik Insulations Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.92% increase. The company also saw a substantial fall in profitability, with a 25.1% decrease in profit. The company's net worth Soared by an impressive increase of 22.64%.

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
17.92%
Revenue from Operations
17.95%
Total Assets
19.33%
Profit or Loss
-25.10%
Net Worth
22.64%
EBITDA
-5.31%

What is the Ownership and Shareholding Structure of Nashik Insulations?

Unlock access to Nashik Insulations's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.74 Cr

Satisfied Charges

₹5.69 Cr

Charges Breakdown by Lending Institutions

  • Tjsb Sahakari Bank Limited : 2.40 Cr
  • Thane Janata Sahakari Bank Ltd : 0.80 Cr
  • The Thane Janata Sahakari Bank Limited : 0.54 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jul 2022Tjsb Sahakari Bank Limited₹2.40 CrOpen
12 Nov 2011The Thane Janata Sahakari Bank Limited₹5.40 MOpen
31 May 2002Thane Janata Sahakari Bank Ltd₹8.00 MOpen
23 Mar 2022Sidbi₹1.08 CrSatisfied
02 Feb 2021Tjsb Sahakari Bank Limited₹2.00 CrSatisfied

How Many Employees Work at Nashik Insulations?

Nashik Insulations has a workforce of 21 employees as of Apr 19, 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 Nashik Insulations, 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 Nashik Insulations'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 Nashik Insulations

Recent activity within the organization

  • Annual General Meeting

    Nashik Insulations Private Limited last Annual general meeting of members was held on 25 Aug 2024 as per latest MCA records.

    25 Aug 2024

  • Balance Sheet

    Nashik Insulations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 23 Mar 2022 via Charge ID 100549430 with Sidbi was fully satisfied on 04 Mar 2024.

    04 Mar 2024

  • Charges

    A charge registered on 18 Nov 2011 via Charge ID 10320426 with The Thane Janata Sahakari Bank Limited was fully satisfied on 04 Dec 2023.

    04 Dec 2023

  • Charges

    A charge with Tjsb Sahakari Bank Limited of Rs. 2.40 Cr registered on 30 Jul 2022 with Charge ID 100604464 was modified on 15 Dec 2022.

    15 Dec 2022

  • Charges

    A charge with Tjsb Sahakari Bank Limited amounted to Rs. 2.40 Cr with Charge ID 100604464 was registered on 30 Jul 2022.

    30 Jul 2022

Frequently asked questions

  • Nashik Insulations Private Limited was incorporated on 08 Jul 1998.

  • The authorized share capital of Nashik Insulations Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.11 Cr.

  • Currently 3 directors are associated with Nashik Insulations Private Limited.

    • Sanjiev Jagdish Kaushik
    • Archana Sanjiev Kaushik
    • Varun Sanjiev Kaushik
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nashik Insulations Private Limited is E-14 Midc, Ambad India, Nashik, Maharashtra, 422010.

  • The corporate identification number (CIN) of Nashik Insulations Private Limited is U26915MH1998PTC115701 and the company number is 115701 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nashik Insulations Private Limited is https://www.nashikinsulations.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nashik Insulations Private Limited has risen by 17.92%.

  • As Per 2023 financial reports, 21 employees are currently employed by Nashik Insulations Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nashik Insulations Private Limited has experienced an upsurge of 22.64%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nashik Insulations Private Limited amount to ₹ 3.74 Cr.

  • The most recent Balance Sheet for Nashik Insulations Private Limited was filed with the ROC on 31 Mar 2024.

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