Nik -San Engineering Company Limited

Manufactures various types of transformers for power distribution and measurement.

2004 | Thane, Maharashtra (India) | Active
Last Updated:

Nik -San Engineering Company Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 0.10 M
  • Company Age 21 Year, 3 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 50.00 Cr
  • Satisfied Charges ₹ 108.41 Cr
  • Revenue Growth -48.58%
  • Profit Growth -160.20%
  • Ebitda -127.92%
  • Net Worth -78.66%
  • Total Assets -19.36%

About Nik -San Engineering Company

Nik -San Engineering Company Limited (NSECL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 January 2004 and has a history of 21 years and three months. Its registered office is in Thane, Maharashtra, India.

The Corporate was formerly known as Niksan Engineering Company Private Limited. The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹50.00 Cr. The company has closed loans amounting to ₹108.41 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bhagirathsinh Sarvaiya, Sanjaykumar Patel, Pratik Parabadia, and Four other members serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31102MH2004PLC235017

  • Company No.

    235017

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Jan 2004

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Energy and Power

What products or services does Nik -San Engineering Company Limited offer?

Nik -San Engineering Company Limited offers a wide range of products and services, including Transformers & Transformer Parts, Isolation Transformers, Electric Fittings & Components, Magnetic Cores, Distribution Transformer, Power Transformers.

Company report

Nik -San Engineering Company Limited

Explore comprehensive data for Nik -San Engineering Company Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Nik -San Engineering Company?

Board Members (7)

NameDesignationAppointment DateStatus
Bhagirathsinh Sarvaiya Country flag representing In Additional Director 18-Nov-2024Current
Sanjaykumar Patel Country flag representing In Additional Director 18-Nov-2024Current
Pratik Parabadia Country flag representing In Director 29-Aug-2024Current
Nikulkumar Dhameliya Country flag representing In Director 29-Aug-2024Current
Vithalbhai Patel Country flag representing In Additional Director 18-Nov-2024Current
Keval Patel Additional Director 18-Nov-2024Current

Financial Performance of Nik -San Engineering Company.

Nik -San Engineering Company Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 48.58% decrease. The company also saw a substantial fall in profitability, with a 160.2% decrease in profit. The company's net worth observed a substantial decline by a decrease of 78.66%.

Nik -San Engineering Company revenue growth over time
Nik -San Engineering Company 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
-48.58%
Revenue from Operations
-48.47%
Total Assets
-19.36%
Profit or Loss
-160.20%
Net Worth
-78.66%
EBITDA
-127.92%

What is the Ownership and Shareholding Structure of Nik -San Engineering Company?

In 2021, Nik -San Engineering Company had a promoter holding of 54.48% and a public holding of 45.52%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹50.00 Cr

Satisfied Charges

₹108.41 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 50.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Nov 2024Hdfc Bank Limited₹50.00 CrOpen
25 Mar 2022Others₹7.10 MSatisfied
02 Nov 2020Others₹1.42 CrSatisfied
21 Aug 2015Axis Bank Limited₹1.50 MSatisfied
09 Oct 2010Bank Of Baroda₹0.90 MSatisfied

How Many Employees Work at Nik -San Engineering Company?

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

Employee growth trends for Nik -San Engineering Company Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nik -San Engineering Company, 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 -San Engineering Company'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 -San Engineering Company

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 50.00 Cr registered on 29 Nov 2024 with Charge ID 101017075 was modified on 23 Dec 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 50.00 Cr with Charge ID 101017075 was registered on 29 Nov 2024.

  • Director Appointment

    Bhagirathsinh Girirajsinh Sarvaiya was appointed as a Additional Director was appointed as a Additional Director on 18 Nov 2024 & has been associated with this company since 5 months 22 days .

  • Director Appointment

    Sanjaykumar Rameshbhai Patel was appointed as a Additional Director was appointed as a Additional Director on 18 Nov 2024 & has been associated with this company since 5 months 22 days .

  • Director Appointment

    Vithalbhai Nagjibhai Patel was appointed as a Additional Director was appointed as a Additional Director on 18 Nov 2024 & has been associated with this company since 5 months 22 days .

  • Director Appointment

    Keval Manojbhai Patel was appointed as a Additional Director was appointed as a Additional Director on 18 Nov 2024 & has been associated with this company since 5 months 22 days .

Frequently asked questions

  • What is the Incorporation or founding date of Nik -San Engineering Company Limited?

    Nik -San Engineering Company Limited was incorporated on 21 Jan 2004.

  • What is authorized share capital and paid-up capital of Nik -San Engineering Company Limited?

    The authorized share capital of Nik -San Engineering Company Limited is ₹ 5.00 Cr and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Nik -San Engineering Company Limited?

    Currently 7 directors are associated with Nik -San Engineering Company Limited.

    • Bhagirathsinh Girirajsinh Sarvaiya
    • Sanjaykumar Rameshbhai Patel
    • Pratik Karshanbhai Parabadia
    • Nikulkumar Vitthalbhai Dhameliya
    • Vithalbhai Nagjibhai Patel
    • Keval Manojbhai Patel
    • Abhishek Naresh Choudhary
  • What is the registered address of Nik -San Engineering Company Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Nik -San Engineering Company Limited is Plot No 13 Flat 203 Floor 2 Wing C Aditya-C13 Shantinagar Aditya Chsl, Shantinagar Sector 3 India, Thane, Maharashtra, 401107.

  • What is the corporate identification number (CIN) and company number of Nik -San Engineering Company Limited?

    The corporate identification number (CIN) of Nik -San Engineering Company Limited is U31102MH2004PLC235017 and the company number is 235017 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Nik -San Engineering Company Limited?

    The Official website of Nik -San Engineering Company Limited is https://www.nik-san.com

  • What has been the recent revenue trend for Nik -San Engineering Company Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Nik -San Engineering Company Limited has fallen by -48.58%.

  • What change has been observed in the net worth of Nik -San Engineering Company Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Nik -San Engineering Company Limited has experienced an downturn of -78.66%.

  • What are the total open charges for Nik -San Engineering Company Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Nik -San Engineering Company Limited amount to ₹ 50.00 Cr.

  • When was the last Balance Sheet of Nik -San Engineering Company Limited filed with the ROC?

    The most recent Balance Sheet for Nik -San Engineering Company Limited was filed with the ROC on 31 Mar 2021.

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