Nicco Corporation Ltd

Manufactures power cables and provides EPC contracting services for various industries.

1983 | Kolkata, West Bengal (India) | Under Liquidation
Last Updated:

Nicco Corporation Profile

Key Indicators

  • Authorised Capital ₹ 89.00 Cr
  • Paid Up Capital ₹ 49.21 Cr
  • Company Age 41 Year, 9 Months
  • Last Filing with ROC 31 Mar 2016
  • Open Charges ₹ 1,739.06 Cr
  • Satisfied Charges ₹ 10.00 Cr
  • Revenue Growth -90.25%
  • Profit Growth -9.51%
  • Ebitda 39.59%
  • Net Worth -33.62%
  • Total Assets -8.81%

About Nicco Corporation

Nicco Corporation Ltd (NCL) is Under Liquidation company established on 31 May 1983 with its office registered at Kolkata, West Bengal, India and has been running since 41 Year, 9 Months with a paid up capital of 49.21 Cr. According to MCA records, 9 Directors and 1 Signatories are linked to this company as of 20 Apr 2024.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    niccogroup.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L55101WB1983PLC036362

  • Company No.

    036362

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    31 May 1983

  • Date of AGM

    27 Sep 2016

  • Date of Balance Sheet

    31 Mar 2016

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Engineering
Manufacturing

Who are the key members and board of directors at Nicco Corporation?

Executive Team (2)

NameDesignationAppointment DateStatus
Kartick Chatterjee Country flag representing In Managing Director28-Sep-2015Current
Sibaji Datta Country flag representing In CFO19-May-2016Current

Board Members (8)

NameDesignationAppointment DateStatus
Rajive Kaul Country flag representing In Director 22-May-1992Current
Pallavi Kaul Country flag representing In Director 31-Oct-2007Current
Sujit Poddar Country flag representing In Director 31-May-2006Current
Udayan Ray Country flag representing In Director 30-Jul-2003Current
Narottam Das Country flag representing In Director 12-Apr-1993Current
Tapan Chaki Country flag representing In Director 14-Aug-2014Current

Financial Performance of Nicco Corporation.

Nicco Corporation Ltd, for the financial year ended 2016, experienced significant reduction in revenue, with a 90.25% decrease. The company also saw a slight decrease in profitability, with a 9.51% decrease in profit. The company's net worth observed a substantial decline by a decrease of 33.62%.

Nicco Corporation revenue growth over time
Nicco Corporation 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
-90.25%
Revenue from Operations
-94.18%
Total Assets
-8.81%
Profit or Loss
-9.51%
Net Worth
-33.62%
EBITDA
39.59%

What is the Ownership and Shareholding Structure of Nicco Corporation?

In 2016, Nicco Corporation had a promoter holding of 36.94% and a public holding of 63.06%. The company had 8 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,739.06 Cr

Satisfied Charges

₹10.00 Cr

Charges Breakdown by Lending Institutions

  • Allahabad Bank : 637.24 Cr
  • State Bank Of Bikaner & Jaipur : 393.55 Cr
  • Allahabad Bank (Lead Bank) : 221.24 Cr
  • Industrial Development Bank Of India : 92.70 Cr
  • Canara Bank : 72.84 Cr
  • Others : 321.49 Cr

Latest Charge Details

DateLenderAmountStatus
15 Jan 2013Allahabad Bank₹2.97 CrOpen
02 Mar 2010Allahabad Bank₹258.50 CrOpen
02 Sep 2009Uco Bank₹12.72 CrOpen
29 Jun 2009Canara Bank₹49.34 CrOpen
12 Mar 2008State Bank Of Travancore₹31.75 CrOpen

How Many Employees Work at Nicco Corporation?

Nicco Corporation has a workforce of 8 employees as of Apr 05, 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 Nicco Corporation Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nicco Corporation, 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 Nicco Corporation'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 Nicco Corporation

Recent activity within the organization

  • Annual General Meeting

    Nicco Corporation Ltd last Annual general meeting of members was held on 27 Sep 2016 as per latest MCA records.

  • Balance Sheet

    Nicco Corporation Ltd has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Kolkata.

  • Director Appointment

    Kartick Kumar Chatterjee was appointed as a Managing Director was appointed as a Managing Director on 28 Sep 2015 & has been associated with this company since 9 years 5 months .

  • Director Appointment

    Tapan Chaki was appointed as a Director was appointed as a Director on 14 Aug 2014 & has been associated with this company since 10 years 6 months .

  • Charges

    A charge with India Sme Asset Reconstruction Company Limited of Rs. 10.00 Cr registered on 05 Aug 1998 with Charge ID 90245407 was modified on 23 Mar 2013.

  • Charges

    A charge with Allahabad Bank amounted to Rs. 2.97 Cr with Charge ID 10400161 was registered on 15 Jan 2013.

Frequently asked questions

  • What is the Incorporation or founding date of Nicco Corporation Ltd?

    Nicco Corporation Ltd was incorporated on 31 May 1983.

  • What is authorized share capital and paid-up capital of Nicco Corporation Ltd?

    The authorized share capital of Nicco Corporation Ltd is ₹ 89.00 Cr and paid-up capital is ₹ 49.21 Cr.

  • Who are the current board members & directors of Nicco Corporation Ltd?

    Currently 10 directors are associated with Nicco Corporation Ltd.

    • Sujit Poddar
    • Pallavi Priyadarshini Kaul
    • Rajive Kaul
    • Udayan Ray
    • Narottam Das
    • Kartick Kumar Chatterjee
    • Tapan Chaki
    • Dilip Datta
    • Shivsiddhant Narayan Kaul
    • Sibaji Datta

  • What is the registered address of Nicco Corporation Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Nicco Corporation Ltd is Nicco House 2 Hare Street, Kolkata, West Bengal, India, 700001.

  • What is the corporate identification number (CIN) and company number of Nicco Corporation Ltd?

    The corporate identification number (CIN) of Nicco Corporation Ltd is L55101WB1983PLC036362 and the company number is 036362 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Nicco Corporation Ltd?

    The Official website of Nicco Corporation Ltd is https://www.niccogroup.com

  • What has been the recent revenue trend for Nicco Corporation Ltd?

    According to the financial reports for the fiscal year 2016, the revenue trend for Nicco Corporation Ltd has fallen by -90.25%.

  • How many employees does Nicco Corporation Ltd currently have?

    As Per 2016 financial reports, 8 employees are currently employed by Nicco Corporation Ltd.

  • What change has been observed in the net worth of Nicco Corporation Ltd, and by what percentage?

    The financial reports for the fiscal year 2016 indicates that The net worth of Nicco Corporation Ltd has experienced an downturn of -33.62%.

  • What are the total open charges for Nicco Corporation Ltd?

    As per the financial statements for fiscal Year 2016, The total open charges for Nicco Corporation Ltd amount to ₹ 1,739.06 Cr.

  • When was the last Balance Sheet of Nicco Corporation Ltd filed with the ROC?

    The most recent Balance Sheet for Nicco Corporation Ltd was filed with the ROC on 31 Mar 2016.

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