Nifty Labs Profile
Key Indicators
- Authorised Capital ₹ 8.00 Cr
- Paid Up Capital ₹ 6.84 Cr
- Company Age 19 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 65.95 Cr
- Satisfied Charges ₹ 12.00 Cr
- Revenue Growth -16.74%
- Profit Growth -80.83%
- Ebitda -24.61%
- Net Worth 0.64%
- Total Assets -1.06%
About Nifty Labs
Nifty Labs Private Limited (NLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 March 2005 and has a history of 19 years and 11 months. Its registered office is in Aran Road, Ameerpet, Hyd-016, Telangana.
The Company is engaged in the Pharma 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 8.00 Cr and a paid-up capital of Rs 6.84 Cr.
The company currently has active open charges totaling ₹65.95 Cr. The company has closed loans amounting to ₹12.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Krishna Bhimireddy, Bharath Yerram, Desireddy Reddy, and One other member serve as directors at the Company.
Company Details
- Location Aran Road, Ameerpet, Hyd-016, Telangana
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24239TG2005PTC045637
- Company No.
045637
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Mar 2005
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Who are the key members and board of directors at Nifty Labs?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Desireddy Reddy  | Managing Director | 16-Mar-2005 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Krishna Bhimireddy | Whole-Time Director | 16-Mar-2005 | Current |
| Bharath Yerram | Whole-Time Director | 16-Mar-2005 | Current |
| Neha Desireddy | Additional Director | 25-Jul-2024 | Current |
Financial Performance of Nifty Labs.
Nifty Labs Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.74% decrease. The company also saw a substantial fall in profitability, with a 80.83% decrease in profit. The company's net worth moved up by a moderate rise of 0.64%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Nifty Labs?
In 2023, Nifty Labs had a promoter holding of 56.73% and a public holding of 43.28%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Nifty Pharma Private LimitedKrishna Bhimireddy, Bharath Yerram and 2 more are mutual person
- Kondapally Envirotech Private Limited
Desireddy Reddy is a mutual person
Charges (Loans)
₹65.95 Cr
₹12.00 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 45.54 Cr
- Others : 19.20 Cr
- Hdfc Bank Limited : 0.61 Cr
- Axis Bank Limited : 0.60 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jun 2024 | Others | ₹7.20 Cr | Open |
| 09 Mar 2021 | Hdfc Bank Limited | ₹3.48 M | Open |
| 30 Jan 2021 | Others | ₹12.00 Cr | Open |
| 27 Jan 2021 | Hdfc Bank Limited | ₹2.59 M | Open |
| 24 Dec 2019 | Axis Bank Limited | ₹6.00 M | Open |
How Many Employees Work at Nifty Labs?
Nifty Labs has a workforce of 317 employees as of Apr 08, 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 Nifty Labs, 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 Nifty Labs'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.
