Nichrome India Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 6.61 Cr
- Company Age 65 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 35.09 Cr
- Satisfied Charges ₹ 36.76 Cr
- Revenue Growth -2.07%
- Profit Growth -57.31%
- Ebitda -39.30%
- Net Worth 2.08%
- Total Assets -1.92%
About Nichrome India
Nichrome India Limited (NIL) was founded in India on 29 January 1960 and has a glorious history of 65 years and three months. Its registered office is in Pune, Maharashtra, India.
The Corporate was formerly known as Tetra Pak Nichrome (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 10.00 Cr and a paid-up capital of Rs 6.61 Cr.
The company currently has active open charges totaling ₹35.09 Cr. The company has closed loans amounting to ₹36.76 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shrinivas Joshi, Mukund Vasant, Ashok Kothary, and Four other members serve as directors at the Company.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U28113MH1960PLC011575
- Company No.
011575
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
29 Jan 1960
- Date of AGM
20 Jun 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Machinery and Equipment
What products or services does Nichrome India Limited offer?
Nichrome India Limited offers a wide range of products and services, including Form Fill & Seal Machines, Vertical Form Fill Seal Machines, Filling Machines & Plants, Powder Filling Machine, Pharmaceutical Packaging Machines, Bag Packaging Machines, Weighing Scales & Measuring Tapes, Industrial Scale, Packaging Machine, Filling Machines.
Nichrome India Limited
Explore comprehensive data for Nichrome India Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Nichrome India?
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Upendra Deglurkar  | Director | 05-Sep-2024 | Current |
| Shrinivas Joshi | Whole-Time Director | 03-Apr-1990 | Current |
| Ramchandra Rao | Director | 10-Apr-2023 | Current |
| Mukund Vasant | Director | 19-Jan-2024 | Current |
| Mrunalini Joshi | Whole-Time Director | 29-Jun-2013 | Current |
| Ashok Kothary | Director | 22-Oct-1994 | Current |
Financial Performance of Nichrome India.
Nichrome India Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.07% decrease. The company also saw a substantial fall in profitability, with a 57.31% decrease in profit. The company's net worth moved up by a moderate rise of 2.08%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Nichrome India?
In 2023, Nichrome India had a promoter holding of 95.02% and a public holding of 4.98%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Welset Plast Extrusions Private LimitedAshok Kothary is a mutual person
Nichrome Info Management Private LimitedShrinivas Joshi and Ashok Kothary are mutual person
Bobst India Private LimitedUpendra Deglurkar is a mutual person
Baif Agro And Bio Technology Private LimitedAshok Kothary is a mutual person
3P Land Holdings LimitedUpendra Deglurkar is a mutual person
Tiny Fuse Private LimitedMukund Vasant is a mutual person
Charges (Loans)
Open Charges
₹35.09 Cr
Satisfied Charges
₹36.76 Cr
Charges Breakdown by Lending Institutions
- Others : 33.69 Cr
- Sidbi : 1.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Dec 2023 | Others | ₹5.00 Cr | Open |
| 21 Oct 2022 | Sidbi | ₹8.63 M | Open |
| 09 Dec 2021 | Others | ₹1.99 M | Open |
| 24 Nov 2021 | Sidbi | ₹5.35 M | Open |
| 31 Oct 2018 | Others | ₹4.90 M | Open |
How Many Employees Work at Nichrome India?
Nichrome India has a workforce of 237 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Nichrome India, 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 Nichrome India's trajectory.
Rating
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
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 Nichrome India
Recent activity within the organization
- Charges
A charge registered on 02 Apr 2014 via Charge ID 10493556 with Bank Of Baroda was fully satisfied on 01 Oct 2024.
- Charges
A charge registered on 28 Mar 2005 via Charge ID 90087218 with Bank Of Baroda was fully satisfied on 01 Oct 2024.
- Charges
A charge registered on 02 Dec 2002 via Charge ID 90092002 with Bank Of Baroda was fully satisfied on 01 Oct 2024.
- Charges
A charge registered on 20 Jul 2001 via Charge ID 90082747 with Bank Of Baroda was fully satisfied on 01 Oct 2024.
- Charges
A charge registered on 29 Nov 2000 via Charge ID 90085556 with Bank Of Baroda was fully satisfied on 01 Oct 2024.
- Charges
A charge registered on 25 Feb 2000 via Charge ID 90085301 with Others was fully satisfied on 01 Oct 2024.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Nichrome India Limited?
Nichrome India Limited was incorporated on 29 Jan 1960.
What is authorized share capital and paid-up capital of Nichrome India Limited?
The authorized share capital of Nichrome India Limited is ₹ 10.00 Cr and paid-up capital is ₹ 6.61 Cr.
Who are the current board members & directors of Nichrome India Limited?
Currently 7 directors are associated with Nichrome India Limited.
- Shrinivas Vinayak Joshi
- Mukund Kondvikar Vasant
- Ashok Natwarlal Kothary
- Upendra Goraksha Deglurkar
- Mrunalini Harish Joshi
- Ramchandra Raghvendra Rao
- Maithilee Harish Joshi
What is the registered address of Nichrome India Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Nichrome India Limited is Saffire Park Galleria - Mumbai Road Shivaginagar India, Pune, Maharashtra, 411005.
What is the corporate identification number (CIN) and company number of Nichrome India Limited?
The corporate identification number (CIN) of Nichrome India Limited is U28113MH1960PLC011575 and the company number is 011575 as per Ministry of Corporate Affairs (MCA).
What is the official website of Nichrome India Limited?
The Official website of Nichrome India Limited is https://www.nichrome.com
What has been the recent revenue trend for Nichrome India Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Nichrome India Limited has fallen by -2.07%.
How many employees does Nichrome India Limited currently have?
As Per 2023 financial reports, 237 employees are currently employed by Nichrome India Limited.
What change has been observed in the net worth of Nichrome India Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Nichrome India Limited has experienced an upsurge of 2.08%.
What are the total open charges for Nichrome India Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Nichrome India Limited amount to ₹ 35.09 Cr.
When was the last Balance Sheet of Nichrome India Limited filed with the ROC?
The most recent Balance Sheet for Nichrome India Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
Hemant OgaleManaging DirectorPC
Pramod ChaudhariDirectorHJ
Harish JoshiManaging DirectorSJ
Shantanu JoshiDirector
Similar Companies Based on Packaging Machinery & Equipment
Syntegon Technology India Private Limited Goa, Goa, India
Sidel India Private Limited Pune, Maharashtra, India
Khs Machinery Private Limited Ahmedabad, Gujarat, India
Grip Strapping Technologies Private Limited Hyderabad, Telangana, India
Lohia Trade Services Limited Kanpur Nagar, Uttar Pradesh, India- Bobst India Private Limited Pune, Maharashtra, India
Monotech Systems Limited Chennai, Tamil Nadu, India
Pelican Rotoflex Private Limited Jamnagar, Gujarat, India