Nif Mechanical Works Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
as on 27-06-2024
- Paid Up Capital ₹ 1.20 Cr
as on 27-06-2024
- Company Age 25 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.74 Cr
as on 27-06-2024
- Satisfied Charges ₹ 3.80 M
as on 27-06-2024
- Revenue 53.81%
(FY 2022)
- Profit 118.11%
(FY 2022)
- Ebitda 147.71%
(FY 2022)
- Net Worth 16.30%
(FY 2022)
- Total Assets 29.34%
(FY 2022)
About Nif Mechanical Works
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 2023. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.20 Cr.
The company currently has active open charges totaling ₹4.74 Cr. The company has closed loans amounting to ₹3.80 M, as per Ministry of Corporate Affairs (MCA) records.
Vijay Kansara, Shaileshkumar Kansara, Ketan Kansara, and Five other members serve as directors at the Company.
- CIN/LLPIN
U29119GJ1999PTC035779
- Company No.
035779
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Apr 1999
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Navsari, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Nif Mechanical Works Private Limited offer?
Nif Mechanical Works Private Limited offers a wide range of products and services, including Metal Drums, Stainless Steel Drums, Storage Tanks, Drums & Containers, Spinning Machinery, Bakelite Drums, Textile Equipment Parts, Murata Mach Coner Parts, Rewinding Machine, Autoconer, Apparel & Textile Machinery.
Who are the key members and board of directors at Nif Mechanical Works?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shaileshkumar Kansara  | Managing Director | 15-Apr-1999 | Current |
Board Members(7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vijay Kansara | Director | 17-Mar-2004 | Current |
| Ketan Kansara | Director | 15-Sep-1999 | Current |
| Anup Kansara | Director | 01-Apr-2011 | Current |
| Amit Kansara | Director | 01-Apr-2011 | Current |
| Mrunal Kansara | Director | 01-Apr-2011 | Current |
| Kaushal Kansara | Director | 04-Apr-2018 | Current |
Financial Performance of Nif Mechanical Works.
Nif Mechanical Works Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 53.81% increase. The company also saw a substantial improvement in profitability, with a 118.11% increase in profit. The company's net worth Soared by an impressive increase of 16.3%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Nif Mechanical Works?
In 2021, Nif Mechanical Works had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Pradip Polyfils Private LimitedActive 37 years 1 monthVijay Kansara, Shaileshkumar Kansara and 6 more are mutual person
Nif Holding Private LimitedActive 2 years 10 monthsVijay Kansara, Shaileshkumar Kansara and 6 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 01 Jan 2014 | ₹1.85 Cr | Open |
Canara Bank Creation Date: 08 Nov 2007 | ₹2.89 Cr | Open |
Canara Bank Creation Date: 03 Jul 2006 | ₹3.80 M | Satisfied |
How Many Employees Work at Nif Mechanical Works?
Nif Mechanical Works has a workforce of 89 employees as of Mar 23, 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 Nif Mechanical Works, 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 Nif Mechanical Works'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.
