Nice Neotech Medical Systems Private Limited

Manufacturer of medical equipment, including incubators, resuscitators, and ventilator accessories. Exports globally.

2001 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 05, 2024

Nice Neotech Medical Systems Profile

Key Indicators

  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 3.50 M
  • Company Age 23 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.25 Cr
  • Satisfied Charges ₹ 7.80 M
  • Revenue Growth -14.22%
  • Profit Growth -22.71%
  • Ebitda -24.29%
  • Net Worth 25.81%
  • Total Assets 22.60%

About Nice Neotech Medical Systems

Nice Neotech Medical Systems Private Limited (NNMSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 July 2001 and has a history of 23 years and seven months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Healthcare Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 3.50 M and a paid-up capital of Rs 3.50 M.

The company currently has active open charges totaling ₹3.25 Cr. The company has closed loans amounting to ₹7.80 M, as per Ministry of Corporate Affairs (MCA) records.

Wilson Ponnian and Sheeba Wilson serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    niceneotech.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U33119TN2001PTC047399

  • Company No.

    047399

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Jul 2001

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Healthcare

What products or services does Nice Neotech Medical Systems Private Limited offer?

Nice Neotech Medical Systems Private Limited offers a wide range of products and services, including Surgical & ICU Equipments, Anaesthesia Machine, Physiotherapy & Rehab Aids, Phototherapy Unit, NICU Equipments, Steel Pipes and Tubes, Industrial Steel Pipes, Heater, Thermostat & Heating Devices, Heating Coils & Tubes, Hardware: Hooks & Mounts.

Who are the key members and board of directors at Nice Neotech Medical Systems?

Executive Team (1)

Name Designation Appointment Date Status
Wilson Ponnian Country flag representing In Managing Director 10-Jul-2001 Current

Board Members (1)

Name Designation Appointment Date Status
Sheeba Wilson Country flag representing In Director 10-Jul-2001 Current

Financial Performance of Nice Neotech Medical Systems.

Nice Neotech Medical Systems Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.22% decrease. The company also saw a substantial fall in profitability, with a 22.71% decrease in profit. The company's net worth Soared by an impressive increase of 25.81%.

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
-14.22%
Revenue from Operations
-14.70%
Total Assets
22.60%
Profit or Loss
-22.71%
Net Worth
25.81%
EBITDA
-24.29%

What is the Ownership and Shareholding Structure of Nice Neotech Medical Systems?

In 2023, Nice Neotech Medical Systems 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

₹32.47 M

Satisfied Charges

₹7.80 M

Charges Breakdown by Lending Institutions

  • Indian Bank : 1.79 Cr
  • Others : 1.45 Cr

Latest Charge Details

Date Lender Amount Status
07 Dec 2022 Others ₹1.00 Cr Open
04 May 2022 Others ₹2.93 M Open
28 Feb 2022 Indian Bank ₹1.50 M Open
11 Feb 2022 Others ₹0.60 M Open
10 Feb 2022 Others ₹1.00 M Open

How Many Employees Work at Nice Neotech Medical Systems?

Nice Neotech Medical Systems has a workforce of 175 employees as of Mar 31, 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 Nice Neotech Medical Systems, 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 Nice Neotech Medical Systems'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 Nice Neotech Medical Systems

Recent activity within the organization

  • Annual General Meeting

    Nice Neotech Medical Systems Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Nice Neotech Medical Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 10.00 M with Charge ID 100656803 was registered on 07 Dec 2022.

    07 Dec 2022

  • Charges

    A charge registered on 21 Jun 2021 via Charge ID 100464784 with Axis Bank Limited was fully satisfied on 16 Sep 2022.

    16 Sep 2022

  • Charges

    A charge with Others amounted to Rs. 2.93 M with Charge ID 100577059 was registered on 04 May 2022.

    04 May 2022

  • Charges

    A charge with Indian Bank amounted to Rs. 1.50 M with Charge ID 100546726 was registered on 28 Feb 2022.

    28 Feb 2022

Frequently asked questions

  • Nice Neotech Medical Systems Private Limited was incorporated on 10 Jul 2001.

  • The authorized share capital of Nice Neotech Medical Systems Private Limited is ₹ 3.50 M and paid-up capital is ₹ 3.50 M.

  • Currently 2 directors are associated with Nice Neotech Medical Systems Private Limited.

    • Wilson Ponnian
    • Sheeba Wilson
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nice Neotech Medical Systems Private Limited is No 85 Krishna Industrial Estate Vaanagaram Mettukuppam, Chennai, Tamil Nadu, India, 600095.

  • The corporate identification number (CIN) of Nice Neotech Medical Systems Private Limited is U33119TN2001PTC047399 and the company number is 047399 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nice Neotech Medical Systems Private Limited is https://www.niceneotech.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nice Neotech Medical Systems Private Limited has fallen by -14.22%.

  • As Per 2023 financial reports, 175 employees are currently employed by Nice Neotech Medical Systems Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nice Neotech Medical Systems Private Limited has experienced an upsurge of 25.81%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nice Neotech Medical Systems Private Limited amount to ₹ 3.25 Cr.

  • The most recent Balance Sheet for Nice Neotech Medical Systems Private Limited was filed with the ROC on 31 Mar 2023.