Nicco Engineering Services Limited

Specialty maintenance services for various engineering sectors with nationwide coverage and a large team of technicians and engineers.

2000 | 24 Parganas, West Bengal (India) | Active
Last Updated: November 16, 2024

Nicco Engineering Services Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 5.95 M
  • Company Age 24 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.97 Cr
  • Satisfied Charges ₹ 1.15 Cr
  • Revenue Growth 32.29%
  • Profit Growth 207.34%
  • Ebitda 201.09%
  • Net Worth 38.02%
  • Total Assets 36.04%

About Nicco Engineering Services

Nicco Engineering Services Limited (NESL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 September 2000 and has a history of 24 years and four months. Its registered office is in 24 Parganas, West Bengal, India.

The Company is engaged in the Engineering 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 6.00 Cr and a paid-up capital of Rs 5.95 M.

The company currently has active open charges totaling ₹2.97 Cr. The company has closed loans amounting to ₹1.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Nicco Engineering Services Limited India are Shiladitya Sarkar as CFO and Aanchal Mundhra as Company Secretary. Pallavi Kaul, Rajive Kaul, Narottam Das, and Five other members serve as directors at the Company.

Company Details

  • Location

    24 Parganas, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    niccoengineering.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74210WB2000PLC092471

  • Company No.

    092471

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Sep 2000

  • Date of AGM

    17 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Engineering

What products or services does Nicco Engineering Services Limited offer?

Nicco Engineering Services Limited offers a wide range of products and services, including Metal Finishing & Coating Services, Coating Services, Architectural & Civil Engineering, Waterproofing Service, Adhesives, Glue and Sealants, Polyurethane Sealants, Water Treatment & Purification Plant, Water Treatment Plants, Rust & Corrosion Protection Products, Anti Corrosion Coating.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Shiladitya Sarkar Country flag representing In CFO08-Aug-2017Current
Aanchal Mundhra Country flag representing In Company Secretary25-Feb-2019Current
Shivsiddhant Kaul Country flag representing In Managing Director26-Apr-2007Current

Board Members (7)

NameDesignationAppointment DateStatus
Rajive Kaul Country flag representing In Director 27-Sep-2000Current
Pallavi Kaul Country flag representing In Director 21-Aug-2020Current
Anand Chatrath Country flag representing In Director 29-Jan-2011Current
Ajay Doshi Country flag representing In Director 20-Sep-2005Current
Narottam Das Country flag representing In Director 30-Dec-2005Current
Ashok Dhar Country flag representing In Director 22-Nov-2018Current

Financial Performance of Nicco Engineering Services.

Nicco Engineering Services Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.29% increase. The company also saw a substantial improvement in profitability, with a 207.34% increase in profit. The company's net worth Soared by an impressive increase of 38.02%.

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
32.29%
Revenue from Operations
32.43%
Total Assets
36.04%
Profit or Loss
207.34%
Net Worth
38.02%
EBITDA
201.09%

What is the Ownership and Shareholding Structure of Nicco Engineering Services?

In 2023, Nicco Engineering Services had a promoter holding of 68.12% and a public holding of 31.87%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.97 Cr

Satisfied Charges

₹1.15 Cr

Charges Breakdown by Lending Institutions

  • Others : 2.97 Cr

Latest Charge Details

DateLenderAmountStatus
15 Jul 2002Others₹2.97 CrOpen
23 Mar 2015Small Industrial Development Bank Of India (Sidbi)₹3.95 MSatisfied
11 Jun 2014Small Industrial Development Bank Of India (Sidbi)₹7.50 MSatisfied

How Many Employees Work at Nicco Engineering Services?

Nicco Engineering Services has a workforce of 329 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 Nicco Engineering Services, 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 Engineering Services'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 Engineering Services

Recent activity within the organization

  • Annual General Meeting

    Nicco Engineering Services Limited last Annual general meeting of members was held on 17 Sep 2024 as per latest MCA records.

    17 Sep 2024

  • Balance Sheet

    Nicco Engineering Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Director Appointment

    Pallavi Priyadarshini Kaul was appointed as a Director was appointed as a Director on 21 Aug 2020 & has been associated with this company since 4 years 6 months .

    21 Aug 2020

  • Charges

    A charge with Others of Rs. 2.97 Cr registered on 15 Jul 2002 with Charge ID 80032758 was modified on 15 Nov 2019.

    15 Nov 2019

  • Charges

    A charge registered on 11 Jun 2014 via Charge ID 10502712 with Small Industrial Development Bank Of India (Sidbi) was fully satisfied on 24 Jun 2019.

    24 Jun 2019

  • Charges

    A charge registered on 23 Mar 2015 via Charge ID 10558274 with Small Industrial Development Bank Of India (Sidbi) was fully satisfied on 13 May 2019.

    13 May 2019

Frequently asked questions

  • Nicco Engineering Services Limited was incorporated on 27 Sep 2000.

  • The authorized share capital of Nicco Engineering Services Limited is ₹ 6.00 Cr and paid-up capital is ₹ 5.95 M.

  • Currently 10 directors are associated with Nicco Engineering Services Limited.

    • Pallavi Priyadarshini Kaul
    • Rajive Kaul
    • Narottam Das
    • Ajay Kumar Doshi
    • Anand Chatrath
    • Ashok Kumar Dhar
    • Shiladitya Sarkar
    • Aanchal Mundhra
    • Amar Chatterjee
    • Shivsiddhant Narayan Kaul
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nicco Engineering Services Limited is Infinium Digispace 4Th Floor Plot No. - 15 Block Cp Sector V, Salt Lake City India, Kolkata, West Bengal, 700091.

  • The corporate identification number (CIN) of Nicco Engineering Services Limited is U74210WB2000PLC092471 and the company number is 092471 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nicco Engineering Services Limited is https://www.niccoengineering.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nicco Engineering Services Limited has risen by 32.29%.

  • As Per 2023 financial reports, 329 employees are currently employed by Nicco Engineering Services Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nicco Engineering Services Limited has experienced an upsurge of 38.02%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nicco Engineering Services Limited amount to ₹ 2.97 Cr.

  • The most recent Balance Sheet for Nicco Engineering Services Limited was filed with the ROC on 31 Mar 2024.

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