Nicomet Industries Limited

Manufacturer of nickel, cobalt, and sodium sulphate with production capacity of 5,400 MT annually.

1993 | Mumbai, Maharashtra (India) | Under Liquidation
Last Updated: April 27, 2024

Nicomet Industries Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 24.75 Cr
  • Company Age 31 Year, 10 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 416.25 Cr
  • Satisfied Charges ₹ 57.40 Cr
  • Revenue Growth 32.76%
  • Profit Growth -183.16%
  • Ebitda 17.30%
  • Net Worth -97.71%
  • Total Assets -57.27%

About Nicomet Industries

Nicomet Industries Limited (NIL) is Under Liquidation company established on 02 Apr 1993 with its office registered at Mumbai, Maharashtra, India and has been running since 31 Year, 10 Months with a paid up capital of 24.75 Cr. According to MCA records, 3 Directors and 1 Signatories are linked to this company as of 27 Apr 2024.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    nicomet.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27200MH1993PLC071450

  • Company No.

    071450

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    02 Apr 1993

  • Date of AGM

    29 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

What products or services does Nicomet Industries Limited offer?

Nicomet Industries Limited offers a wide range of products and services, including Electric Fittings & Components, Electrodes, Chemical Compound, Sodium Sulphate, Metal Ingots, Nickel, Cobalt, Industrial Chemicals & Supplies, Nickel Salts, Electroplating Chemicals.

Who are the key members and board of directors at Nicomet Industries?

Executive Team (2)

NameDesignationAppointment DateStatus
Kamal Chaturvedi Country flag representing In CFO05-Aug-2014Current
Rajendra Agrawal Country flag representing In Managing Director05-Aug-2014Current

Board Members (2)

NameDesignationAppointment DateStatus
Atul Agrawal Country flag representing In Director 05-Aug-2014Current
Ankit Agrawal Country flag representing In Whole-Time Director 12-Jan-2004Current

Financial Performance of Nicomet Industries.

Nicomet Industries Limited, for the financial year ended 2018, experienced significant growth in revenue, with a 32.76% increase. The company also saw a substantial fall in profitability, with a 183.16% decrease in profit. The company's net worth observed a substantial decline by a decrease of 97.71%.

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
32.76%
Revenue from Operations
31.54%
Total Assets
-57.27%
Profit or Loss
-183.16%
Net Worth
-97.71%
EBITDA
17.30%

What is the Ownership and Shareholding Structure of Nicomet Industries?

In 2018, Nicomet Industries had a promoter holding of 82.22% and a public holding of 17.77%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹416.25 Cr

Satisfied Charges

₹57.40 Cr

Charges Breakdown by Lending Institutions

  • Others : 367.08 Cr
  • Union Bank Of India : 21.90 Cr
  • Union Bank Of India (Lead Bank) : 9.50 Cr
  • Punjab National Bank : 8.82 Cr
  • Andhra Bank : 6.00 Cr
  • Others : 2.95 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jul 2016Others₹183.54 CrOpen
07 Nov 2012Union Bank Of India₹10.00 CrOpen
19 Apr 2012Andhra Bank₹3.00 CrOpen
19 Jan 2012Union Bank Of India₹11.90 CrOpen
11 Jan 2012Andhra Bank₹3.00 CrOpen

How Many Employees Work at Nicomet Industries?

Nicomet Industries has a workforce of 352 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 Nicomet Industries, 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 Nicomet Industries'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 Nicomet Industries

Recent activity within the organization

  • Annual General Meeting

    Nicomet Industries Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.

    29 Sep 2018

  • Balance Sheet

    Nicomet Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Mumbai.

    31 Mar 2018

  • Charges

    A charge with Others of Rs. 183.54 Cr registered on 28 Jul 2016 with Charge ID 100041974 was modified on 28 Mar 2018.

    28 Mar 2018

  • Charges

    A charge with Others of Rs. 183.54 Cr registered on 02 Mar 2007 with Charge ID 10046460 was modified on 28 Mar 2018.

    28 Mar 2018

  • Charges

    A charge with Others amounted to Rs. 183.54 Cr with Charge ID 100041974 was registered on 28 Jul 2016.

    28 Jul 2016

  • Charges

    A charge registered on 30 Nov 2007 via Charge ID 10078440 with Barclays Bank Plc was fully satisfied on 30 Jul 2015.

    30 Jul 2015

Frequently asked questions

  • Nicomet Industries Limited was incorporated on 02 Apr 1993.

  • The authorized share capital of Nicomet Industries Limited is ₹ 25.00 Cr and paid-up capital is ₹ 24.75 Cr.

  • Currently 4 directors are associated with Nicomet Industries Limited.

    • Rajendra Prasad Agrawal
    • Kamal Nayan Chaturvedi
    • Atul Rajendra Agrawal
    • Ankit Rajendra Agrawal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nicomet Industries Limited is 155 Maker Chamber Iii, Nariman Point, Mumbai, Maharashtra, India, 400021.

  • The corporate identification number (CIN) of Nicomet Industries Limited is U27200MH1993PLC071450 and the company number is 071450 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nicomet Industries Limited is https://www.nicomet.com

  • According to the financial reports for the fiscal year 2018, the revenue trend for Nicomet Industries Limited has risen by 32.76%.

  • As Per 2018 financial reports, 352 employees are currently employed by Nicomet Industries Limited.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Nicomet Industries Limited has experienced an downturn of -97.71%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Nicomet Industries Limited amount to ₹ 416.25 Cr.

  • The most recent Balance Sheet for Nicomet Industries Limited was filed with the ROC on 31 Mar 2018.

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