Nidhi Polyester Limited

Distributes wallpaper and paper backed wall coverings, also involved in investment activities.

1982 | Mumbai, Maharashtra (India) | Active
Last Updated: December 11, 2024

Nidhi Polyester Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.93 M
  • Company Age 42 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.50 Cr
  • Revenue Growth 707.35%
  • Profit Growth 1169.62%
  • Ebitda -65.11%
  • Net Worth 2.57%
  • Total Assets 2.57%

About Nidhi Polyester

Nidhi Polyester Limited (NPL) is a Public Limited Indian Non-Government Company incorporated in India on 29 September 1982 and has a history of 42 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Financial Services 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 1.00 Cr and a paid-up capital of Rs 9.93 M.

The company currently has active open charges totaling ₹5.50 Cr.

Gaurav Jain, Sampat Bhudeka, Nawin Sinha, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65990MH1982PLC028344

  • Company No.

    028344

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Sep 1982

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Nidhi Polyester?

Board Members (4)

NameDesignationAppointment DateStatus
Sampat Bhudeka Country flag representing In Director 01-Feb-2023Current
Nawin Sinha Country flag representing In Director 22-Feb-2022Current
Gaurav Jain Country flag representing In Director 01-Feb-2023Current
Satyapal Jain Country flag representing In Director 22-Mar-2024Current

Financial Performance of Nidhi Polyester.

Nidhi Polyester Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 707.35% increase. The company also saw a substantial improvement in profitability, with a 1169.62% increase in profit. The company's net worth moved up by a moderate rise of 2.57%.

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
707.35%
Revenue from Operations
Total Assets
2.57%
Profit or Loss
1169.62%
Net Worth
2.57%
EBITDA
-65.11%

What is the Ownership and Shareholding Structure of Nidhi Polyester?

In 2022, Nidhi Polyester had a promoter holding of 99.75% and a public holding of 0.25%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.50 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • American Express Bank Ltd : 3.00 Cr
  • American Rexpress Bank Limited : 1.50 Cr
  • The State Industrial And Investment Corpn. Of Maharashtra Lt : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
02 Jun 1993The State Industrial And Investment Corpn. Of Maharashtra Lt₹1.00 CrOpen
29 Jul 1988American Express Bank Ltd₹1.50 CrOpen
31 Aug 1987American Express Bank Ltd₹1.50 CrOpen
21 Feb 1987American Rexpress Bank Limited₹1.50 CrOpen

How Many Employees Work at Nidhi Polyester?

Unlock and access historical data on people associated with Nidhi Polyester, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nidhi Polyester, 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 Nidhi Polyester'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 Nidhi Polyester

Recent activity within the organization

  • Annual General Meeting

    Nidhi Polyester Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Nidhi Polyester Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Satyapal Jaikumar Jain was appointed as a Director was appointed as a Director on 22 Mar 2024 & has been associated with this company since 11 months 2 days .

    22 Mar 2024

  • Director Appointment

    Gaurav Satyapal Jain was appointed as a Director was appointed as a Director on 01 Feb 2023 & has been associated with this company since 2 years 21 days .

    01 Feb 2023

  • Director Appointment

    Sampat Kumar Bhudeka was appointed as a Director was appointed as a Director on 01 Feb 2023 & has been associated with this company since 2 years 21 days .

    01 Feb 2023

  • Director Appointment

    Nawin Kumar Sinha was appointed as a Director was appointed as a Director on 22 Feb 2022 & has been associated with this company since 3 years .

    22 Feb 2022

Frequently asked questions

  • Nidhi Polyester Limited was incorporated on 29 Sep 1982.

  • The authorized share capital of Nidhi Polyester Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.93 M.

  • Currently 4 directors are associated with Nidhi Polyester Limited.

    • Gaurav Satyapal Jain
    • Sampat Kumar Bhudeka
    • Nawin Kumar Sinha
    • Satyapal Jaikumar Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nidhi Polyester Limited is 15Th Floor, Hoechst House 193 Vinay Shah Marg India, Mumbai, Maharashtra, 400021.

  • The corporate identification number (CIN) of Nidhi Polyester Limited is U65990MH1982PLC028344 and the company number is 028344 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Nidhi Polyester Limited has risen by 707.35%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Nidhi Polyester Limited has experienced an upsurge of 2.57%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Nidhi Polyester Limited amount to ₹ 5.50 Cr.

  • The most recent Balance Sheet for Nidhi Polyester Limited was filed with the ROC on 31 Mar 2024.

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