Niken Synthetics Private Limited

Textile manufacturing and weaving company specializing in jacquard furnishing fabrics.

2001 | Surat, Gujarat (India) | Active
Last Updated:

Niken Synthetics Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.95 M
  • Company Age 23 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.08 Cr
  • Satisfied Charges ₹ 8.12 Cr
  • Revenue Growth -28.35%
  • Profit Growth -210.07%
  • Ebitda -40.39%
  • Net Worth -16.45%
  • Total Assets 47.04%

About Niken Synthetics

Niken Synthetics Private Limited (NSPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 August 2001 and has a history of 23 years and nine months. Its registered office is in Surat, Gujarat, India.

The Company is engaged in the Manufacturing 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 5.00 M and a paid-up capital of Rs 4.95 M.

The company currently has active open charges totaling ₹7.08 Cr. The company has closed loans amounting to ₹8.12 Cr, as per Ministry of Corporate Affairs (MCA) records.

Niken Patel and Sweety Patel serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17119GJ2001PTC039860

  • Company No.

    039860

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Aug 2001

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing
Company report

Niken Synthetics Private Limited

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

Who are the key members and board of directors at Niken Synthetics?

Board Members (2)

NameDesignationAppointment DateStatus
Niken Patel Country flag representing In Director 01-Jan-2006Current
Sweety Patel Country flag representing In Director 16-Jun-2014Current

Financial Performance of Niken Synthetics.

Niken Synthetics Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 28.35% decrease. The company also saw a substantial fall in profitability, with a 210.07% decrease in profit. The company's net worth observed a substantial decline by a decrease of 16.45%.

Niken Synthetics revenue growth over time
Niken Synthetics 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
-28.35%
Revenue from Operations
-24.65%
Total Assets
47.04%
Profit or Loss
-210.07%
Net Worth
-16.45%
EBITDA
-40.39%

What is the Ownership and Shareholding Structure of Niken Synthetics?

In 2023, Niken Synthetics had a promoter holding of 93.43% and a public holding of 6.57%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹70.80 M

Satisfied Charges

₹81.15 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 7.08 Cr

Latest Charge Details

DateLenderAmountStatus
07 Oct 2015Axis Bank Limited₹3.43 CrOpen
22 Sep 2015Axis Bank Limited₹3.65 CrOpen
27 Apr 2007Axis Bank Limited₹4.80 CrSatisfied
29 Mar 2007Uti Bank Ltd.₹9.55 MSatisfied
11 Feb 2006The Sutex Co-Operative Bank Limited₹0.65 MSatisfied

How Many Employees Work at Niken Synthetics?

Niken Synthetics has a workforce of 29 employees as of Apr 09, 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.

Employee growth trends for Niken Synthetics Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Niken Synthetics, 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 Niken Synthetics'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 Niken Synthetics

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 36.50 M registered on 22 Sep 2015 with Charge ID 10596518 was modified on 09 Oct 2023.

  • Annual General Meeting

    Niken Synthetics Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Niken Synthetics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Charges

    A charge with Axis Bank Limited of Rs. 34.30 M registered on 07 Oct 2015 with Charge ID 10597449 was modified on 23 Jun 2022.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 34.30 M with Charge ID 10597449 was registered on 07 Oct 2015.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 36.50 M with Charge ID 10596518 was registered on 22 Sep 2015.

Frequently asked questions

  • What is the Incorporation or founding date of Niken Synthetics Private Limited?

    Niken Synthetics Private Limited was incorporated on 08 Aug 2001.

  • What is authorized share capital and paid-up capital of Niken Synthetics Private Limited?

    The authorized share capital of Niken Synthetics Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.95 M.

  • Who are the current board members & directors of Niken Synthetics Private Limited?

    Currently 2 directors are associated with Niken Synthetics Private Limited.

    • Niken Virendrabhai Patel
    • Sweety Niken Patel

  • What is the registered address of Niken Synthetics Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Niken Synthetics Private Limited is C - 17 Sagar Idustrial Estate Near Community Holl Vastadevdi Road, Targam India, Surat, Gujarat, 395004.

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

    The corporate identification number (CIN) of Niken Synthetics Private Limited is U17119GJ2001PTC039860 and the company number is 039860 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Niken Synthetics Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Niken Synthetics Private Limited has fallen by -28.35%.

  • How many employees does Niken Synthetics Private Limited currently have?

    As Per 2023 financial reports, 29 employees are currently employed by Niken Synthetics Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Niken Synthetics Private Limited has experienced an downturn of -16.45%.

  • What are the total open charges for Niken Synthetics Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Niken Synthetics Private Limited amount to ₹ 7.08 Cr.

  • When was the last Balance Sheet of Niken Synthetics Private Limited filed with the ROC?

    The most recent Balance Sheet for Niken Synthetics Private Limited was filed with the ROC on 31 Mar 2023.

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