Nico Extrusions Limited

Manufacturer and trader of various metal alloys, including copper, zinc, and aluminium for clients in automotive and industrial sectors.

1996 | Mumbai, Maharashtra (India) | Active
Last Updated: October 23, 2024

Nico Extrusions Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 29 Year, 3 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 15.00 Cr
  • Satisfied Charges ₹ 94.06 Cr
  • Revenue Growth 31.77%
  • Profit Growth 8.23%
  • Ebitda 12.86%
  • Net Worth 29.29%
  • Total Assets 132.94%

About Nico Extrusions

Nico Extrusions Limited (NEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 February 1996 and has a history of 29 years. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Nico Extrusions Private Limited. The Company is engaged in the Metals And Minerals 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 5.00 Cr and a paid-up capital of Rs 5.00 Cr.

The company currently has active open charges totaling ₹15.00 Cr. The company has closed loans amounting to ₹94.06 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ratan Jain, Dharmesh Patel, Pushpalatha Vakkaliga, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    nicoex.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28113MH1996PLC097588

  • Company No.

    097588

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Feb 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

Who are the key members and board of directors at Nico Extrusions?

Board Members (4)

NameDesignationAppointment DateStatus
Dharmesh Patel Country flag representing In Director 13-Mar-2013Current
Ratan Jain Country flag representing In Director 08-Apr-2024Current
Pushpalatha Vakkaliga Country flag representing In Director 06-Apr-2024Current
Ashok Mehta Country flag representing In Director 01-Apr-2021Current

Financial Performance of Nico Extrusions.

Nico Extrusions Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.77% increase. The company also saw a slight improvement in profitability, with a 8.23% increase in profit. The company's net worth Soared by an impressive increase of 29.29%.

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
31.77%
Revenue from Operations
31.82%
Total Assets
132.94%
Profit or Loss
8.23%
Net Worth
29.29%
EBITDA
12.86%

What is the Ownership and Shareholding Structure of Nico Extrusions?

In 2023, Nico Extrusions had a promoter holding of 94.00% and a public holding of 6.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.00 Cr

Satisfied Charges

₹94.06 Cr

Charges Breakdown by Lending Institutions

  • Others : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jan 2017Others₹15.00 CrOpen
24 Sep 2009Canara Bank₹56.00 CrSatisfied
20 Sep 2007Kotak Mahindra Bank Limited₹10.00 CrSatisfied
27 Jan 2005Icici Bank Ltd₹17.80 CrSatisfied
07 Jun 2003The Shamrao Vithal Co-Op. Bank Ltd.₹2.50 MSatisfied

How Many Employees Work at Nico Extrusions?

Nico Extrusions has a workforce of 105 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 Nico Extrusions, 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 Nico Extrusions'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 Nico Extrusions

Recent activity within the organization

  • Director Appointment

    Ratan Lal Narayan Jain was appointed as a Director was appointed as a Director on 08 Apr 2024 & has been associated with this company since 10 months 19 days .

    08 Apr 2024

  • Director Appointment

    Pushpalatha Vinod Vakkaliga was appointed as a Director was appointed as a Director on 06 Apr 2024 & has been associated with this company since 10 months 21 days .

    06 Apr 2024

  • Annual General Meeting

    Nico Extrusions Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Nico Extrusions Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Ashok Indermal Mehta was appointed as a Director was appointed as a Director on 01 Apr 2021 & has been associated with this company since 3 years 10 months .

    01 Apr 2021

  • Charges

    A charge with Others of Rs. 15.00 Cr registered on 24 Jan 2017 with Charge ID 100086935 was modified on 20 Jul 2018.

    20 Jul 2018

Frequently asked questions

  • Nico Extrusions Limited was incorporated on 23 Feb 1996.

  • The authorized share capital of Nico Extrusions Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Currently 4 directors are associated with Nico Extrusions Limited.

    • Ratan Lal Narayan Jain
    • Dharmesh Natwarlal Patel
    • Pushpalatha Vinod Vakkaliga
    • Ashok Indermal Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nico Extrusions Limited is Gala No.14 Niraj Industrial Estate Off. Mahakali Caves Road, Andheri (East) India, Mumbai, Maharashtra, 400093.

  • The corporate identification number (CIN) of Nico Extrusions Limited is U28113MH1996PLC097588 and the company number is 097588 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nico Extrusions Limited is https://www.nicoex.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nico Extrusions Limited has risen by 31.77%.

  • As Per 2023 financial reports, 105 employees are currently employed by Nico Extrusions Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nico Extrusions Limited has experienced an upsurge of 29.29%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nico Extrusions Limited amount to ₹ 15.00 Cr.

  • The most recent Balance Sheet for Nico Extrusions Limited was filed with the ROC on 31 Mar 2023.

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