Nibl-Korta Engineering Private Limited

Manufactures high-precision and lead screws for energy and auto industries.

2007 | Bangaluru, Karnataka (India) | Active
Last Updated: January 01, 2025

Nibl-Korta Engineering Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 17 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.00 Cr
  • Revenue Growth 12.37%
  • Profit Growth -11.57%
  • Ebitda -156.06%
  • Net Worth -42.35%
  • Total Assets 11.54%

About Nibl-Korta Engineering

Nibl-Korta Engineering Private Limited (NEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 September 2007 and has a history of 17 years and five months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Korta Engineering India Private Limited. 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 5.00 Cr and a paid-up capital of Rs 3.00 Cr.

The company currently has active open charges totaling ₹3.00 Cr.

The Key Managerial Personnel (KMP) at Nibl-Korta Engineering Private Limited India is Vikas Mandalwar as CFO. Devesh Sahney and Mallika Sahney serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U29299KA2007PTC043899

  • Company No.

    043899

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Sep 2007

  • Date of AGM

    22 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

What products or services does Nibl-Korta Engineering Private Limited offer?

Nibl-Korta Engineering Private Limited offers a wide range of products and services, including Precision Screws, Roller Screws.

Who are the key members and board of directors at Nibl-Korta Engineering?

Executive Team (1)

NameDesignationAppointment DateStatus
Vikas Mandalwar CFO29-Jul-2022Current

Board Members (2)

NameDesignationAppointment DateStatus
Devesh Sahney Country flag representing In Director 30-May-2018Current
Mallika Sahney Country flag representing In Director 29-Jul-2022Current

Financial Performance of Nibl-Korta Engineering.

Nibl-Korta Engineering Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 12.37% increase. The company also saw a substantial fall in profitability, with a 11.57% decrease in profit. The company's net worth observed a substantial decline by a decrease of 42.35%.

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
12.37%
Revenue from Operations
12.64%
Total Assets
11.54%
Profit or Loss
-11.57%
Net Worth
-42.35%
EBITDA
-156.06%

What is the Ownership and Shareholding Structure of Nibl-Korta Engineering?

In 2022, Nibl-Korta Engineering had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 3.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Mar 2023Others₹3.00 CrOpen

How Many Employees Work at Nibl-Korta Engineering?

Nibl-Korta Engineering has a workforce of 43 employees as of Apr 09, 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 Nibl-Korta Engineering, 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 Nibl-Korta Engineering'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 Nibl-Korta Engineering

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 3.00 Cr registered on 30 Mar 2023 with Charge ID 100712128 was modified on 27 Sep 2024.

    27 Sep 2024

  • Annual General Meeting

    Nibl-Korta Engineering Private Limited last Annual general meeting of members was held on 22 Jul 2024 as per latest MCA records.

    22 Jul 2024

  • Balance Sheet

    Nibl-Korta Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100712128 was registered on 30 Mar 2023.

    30 Mar 2023

  • Director Appointment

    Mallika Sahney was appointed as a Director was appointed as a Director on 29 Jul 2022 & has been associated with this company since 2 years 6 months .

    29 Jul 2022

  • Director Appointment

    Vikas Mandalwar was appointed as a Cfo was appointed as a Cfo on 29 Jul 2022 & has been associated with this company since 2 years 6 months .

    29 Jul 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Nibl-Korta Engineering Private Limited was incorporated on 18 Sep 2007.

  • The authorized share capital of Nibl-Korta Engineering Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.00 Cr.

  • Currently 3 directors are associated with Nibl-Korta Engineering Private Limited.

    • Devesh Singh Sahney
    • Mallika Sahney
    • Vikas Mandalwar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nibl-Korta Engineering Private Limited is 163 10Th Main, Peenya Industrial Area 3Rd Phase India, Bangalore, Karnataka, 560058.

  • The corporate identification number (CIN) of Nibl-Korta Engineering Private Limited is U29299KA2007PTC043899 and the company number is 043899 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nibl-Korta Engineering Private Limited is https://www.niblkortaballscrews.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Nibl-Korta Engineering Private Limited has risen by 12.37%.

  • As Per 2022 financial reports, 43 employees are currently employed by Nibl-Korta Engineering Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Nibl-Korta Engineering Private Limited has experienced an downturn of -42.35%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Nibl-Korta Engineering Private Limited amount to ₹ 3.00 Cr.

  • The most recent Balance Sheet for Nibl-Korta Engineering Private Limited was filed with the ROC on 31 Mar 2024.

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