Nik Motors Private Limited

Manufacturer of electric motors for various industries, based in Rajkot, Gujarat.

2016 | Rajkot, Gujarat (India) | Active
Last Updated:

Nik Motors Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 8 Year, 5 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 five months 26 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

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25209GJ2016PTC094491

  • Company No.

    094491

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Nov 2016

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Automotive

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.

Company report

Nik Motors Private Limited

Explore comprehensive data for Nik Motors Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Nik Motors?

Board Members (2)

NameDesignationAppointment DateStatus
Pravinbhai Viradia Country flag representing In Director 25-Nov-2016Current
Shobhanaben Viradiya Country flag representing In Director 28-Dec-2018Current

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%.

Nik Motors revenue growth over time
Nik Motors 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
71.63%
Revenue from Operations
71.63%
Total Assets
14.79%
Profit or Loss
138.90%
Net Worth
2.06%
EBITDA
95.05%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12.40 M

Satisfied Charges

₹2.40 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 1.24 Cr

Latest Charge Details

DateLenderAmountStatus
26 Aug 2020Axis Bank Limited₹8.31 MOpen
26 Aug 2020Axis Bank Limited₹4.09 MOpen
28 Mar 2019The South Indian Bank Limited₹2.40 MSatisfied

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.

Employee growth trends for Nik Motors Private Limited

Deals i

Graph showing company valuation over time

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

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 Nik Motors

Recent activity within the organization

  • Annual General Meeting

    Nik Motors Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

  • Balance Sheet

    Nik Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.

  • Charges

    A charge registered on 28 Mar 2019 via Charge ID 100252124 with The South Indian Bank Limited was fully satisfied on 12 Aug 2021.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 8.31 M with Charge ID 100364934 was registered on 26 Aug 2020.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 4.09 M with Charge ID 100364936 was registered on 26 Aug 2020.

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 2.40 M with Charge ID 100252124 was registered on 28 Mar 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Nik Motors Private Limited?

    Nik Motors Private Limited was incorporated on 25 Nov 2016.

  • What is authorized share capital and paid-up capital of Nik Motors Private Limited?

    The authorized share capital of Nik Motors Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Who are the current board members & directors of Nik Motors Private Limited?

    Currently 2 directors are associated with Nik Motors Private Limited.

    • Pravinbhai Dhirajlal Viradia
    • Shobhanaben Lalitbhai Viradiya

  • What is the registered address of Nik Motors Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Nik Motors Private Limited is Plot No.70 Virani Aghat B/H. Sun Raise Polymars, Dhebar Road (So Uth) India, Rajkot, Gujarat, 360002.

  • What is the corporate identification number (CIN) and company number of Nik Motors Private Limited?

    The corporate identification number (CIN) of Nik Motors Private Limited is U25209GJ2016PTC094491 and the company number is 094491 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Nik Motors Private Limited?

    The Official website of Nik Motors Private Limited is https://www.nikmotors.in

  • What has been the recent revenue trend for Nik Motors Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Nik Motors Private Limited has risen by 71.63%.

  • What change has been observed in the net worth of Nik Motors Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Nik Motors Private Limited has experienced an upsurge of 2.06%.

  • What are the total open charges for Nik Motors Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Nik Motors Private Limited amount to ₹ 1.24 Cr.

  • When was the last Balance Sheet of Nik Motors Private Limited filed with the ROC?

    The most recent Balance Sheet for Nik Motors Private Limited was filed with the ROC on 31 Mar 2022.

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