Nik Motors Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 5.00 M
- Company Age 8 Year, 2 Months
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 1.24 Cr
- Satisfied Charges ₹ 2.40 M
- Revenue Growth 71.63%
- Profit Growth 138.90%
- Ebitda 95.05%
- Net Worth 2.06%
- Total Assets 14.79%
About Nik Motors
Nik Motors Private Limited (NMPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 November 2016 (Eight years and two months 18 days old ). Its registered office is in Rajkot, Gujarat, India.
The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 5.00 M.
The company currently has active open charges totaling ₹1.24 Cr. The company has closed loans amounting to ₹2.40 M, as per Ministry of Corporate Affairs (MCA) records.
Pravinbhai Viradia and Shobhanaben Viradiya serve as directors at the Company.
Company Details
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Location
Rajkot, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U25209GJ2016PTC094491
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Company No.
094491
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
25 Nov 2016
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Date of AGM
30 Sep 2022
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Date of Balance Sheet
31 Mar 2022
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
What products or services does Nik Motors Private Limited offer?
Nik Motors Private Limited offers a wide range of products and services, including Electric Motors and Components, Induction Motors, Water Treatment & Purification Plant, Water Aeration System, Three Phase Induction Motor, AC Motor, Single Phase Motors, Electric Motor, Single Phase Electric Motor, Industrial Motors.
Who are the key members and board of directors at Nik Motors?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pravinbhai Viradia
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Director | 25-Nov-2016 | Current |
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Shobhanaben Viradiya
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Director | 28-Dec-2018 | Current |
Financial Performance of Nik Motors.
Nik Motors Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 71.63% increase. The company also saw a substantial improvement in profitability, with a 138.9% increase in profit. The company's net worth moved up by a moderate rise of 2.06%.
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What is the Ownership and Shareholding Structure of Nik Motors?
In 2022, Nik Motors 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)
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Palthan Overseas LlpPravinbhai Viradia is a mutual person
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Pravinbhai Viradia is a mutual person
Charges (Loans)
₹12.40 M
₹2.40 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 1.24 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Aug 2020 | Axis Bank Limited | ₹8.31 M | Open |
| 26 Aug 2020 | Axis Bank Limited | ₹4.09 M | Open |
| 28 Mar 2019 | The South Indian Bank Limited | ₹2.40 M | Satisfied |
How Many Employees Work at Nik Motors?
Unlock and access historical data on people associated with Nik Motors, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Nik Motors, 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 Nik Motors'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.
