Nibav Lifts Private Limited

Manufactures and trades elevators, specializing in home elevators. Showrooms in Chennai, Bangalore, and Hyderabad.

2019 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 03, 2025

Nibav Lifts Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 5 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 20.24 Cr
  • Revenue Growth 623.91%
  • Profit Growth 241.39%
  • Ebitda 274.42%
  • Net Worth 522.38%
  • Total Assets 358.23%

About Nibav Lifts

Nibav Lifts Private Limited (NLPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 19 November 2019 (Five years and two months 14 days old ). Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Machinery And Equipment 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 3.00 Cr and a paid-up capital of Rs 3.00 Cr.

The company currently has active open charges totaling ₹20.24 Cr.

Ramanathan Vimal, Baburam Bhaskar, Kumar Prabhakaran, and Two other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31100TN2019PTC132681

  • Company No.

    132681

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Nov 2019

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Machinery and Equipment

What products or services does Nibav Lifts Private Limited offer?

Nibav Lifts Private Limited offers a wide range of products and services, including Gate, Grilles, Fences & Railings, Metal Gate, Elevators & Escalators, Passenger Lifts.

Who are the key members and board of directors at Nibav Lifts?

Executive Team (1)

Name Designation Appointment Date Status
Ramanathanbabu Vishal Country flag representing In Managing Director 19-Nov-2019 Current

Board Members (4)

Name Designation Appointment Date Status
Ramanathan Vimal Country flag representing In Director 19-Nov-2019 Current
Baburam Bhaskar Country flag representing In Director 31-Jan-2022 Current
Kumar Prabhakaran Country flag representing In Director 31-Jan-2022 Current
Killakathu Babu Country flag representing In Director 19-Nov-2019 Current

Financial Performance of Nibav Lifts.

Nibav Lifts Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 623.91% increase. The company also saw a substantial improvement in profitability, with a 241.39% increase in profit. The company's net worth Soared by an impressive increase of 522.38%.

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
623.91%
Revenue from Operations
619.19%
Total Assets
358.23%
Profit or Loss
241.39%
Net Worth
522.38%
EBITDA
274.42%

What is the Ownership and Shareholding Structure of Nibav Lifts?

Unlock access to Nibav Lifts'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

₹20.24 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Sidbi : 14.18 Cr
  • Others : 4.00 Cr
  • Hdfc Bank Limited : 2.06 Cr

Latest Charge Details

Date Lender Amount Status
25 Oct 2024 Sidbi ₹9.21 Cr Open
17 Oct 2024 Hdfc Bank Limited ₹2.75 M Open
05 Jan 2024 Sidbi ₹2.19 Cr Open
13 Jul 2023 Sidbi ₹1.73 Cr Open
29 Dec 2022 Sidbi ₹1.05 Cr Open

How Many Employees Work at Nibav Lifts?

Nibav Lifts has a workforce of 898 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 Nibav Lifts, 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 Nibav Lifts'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 Nibav Lifts

Recent activity within the organization

  • Charges

    A charge with Sidbi amounted to Rs. 9.21 Cr with Charge ID 100993400 was registered on 25 Oct 2024.

    25 Oct 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.27 Cr with Charge ID 101011426 was registered on 17 Oct 2024.

    17 Oct 2024

  • Annual General Meeting

    Nibav Lifts Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Nibav Lifts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge with Sidbi amounted to Rs. 2.19 Cr with Charge ID 100849054 was registered on 05 Jan 2024.

    05 Jan 2024

  • Charges

    A charge with Sidbi amounted to Rs. 1.73 Cr with Charge ID 100751770 was registered on 13 Jul 2023.

    13 Jul 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Nibav Lifts Private Limited was incorporated on 19 Nov 2019.

  • The authorized share capital of Nibav Lifts Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 3.00 Cr.

  • Currently 5 directors are associated with Nibav Lifts Private Limited.

    • Ramanathan Babu Vimal
    • Baburam Vijaya Bhaskar
    • Kumar Prabhakaran
    • Ramanathanbabu Vishal
    • Killakathu Ramanathan Babu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nibav Lifts Private Limited is Kr Building Mezzanine Floor Old No.11 New No.23, L.B. Road India, Adyar, Tamil Nadu, 600020.

  • The corporate identification number (CIN) of Nibav Lifts Private Limited is U31100TN2019PTC132681 and the company number is 132681 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nibav Lifts Private Limited is https://www.nibavlifts.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Nibav Lifts Private Limited has risen by 623.91%.

  • As Per 2022 financial reports, 898 employees are currently employed by Nibav Lifts Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Nibav Lifts Private Limited has experienced an upsurge of 522.38%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Nibav Lifts Private Limited amount to ₹ 20.24 Cr.

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