Nikitech Electric Profile
Key Indicators
- Authorised Capital ₹ 4.00 M
- Paid Up Capital ₹ 4.00 M
- Company Age 22 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 12.30 Cr
- Satisfied Charges ₹ 6.63 M
- Revenue Growth 21.34%
- Profit Growth 56.30%
- Ebitda 38.25%
- Net Worth 22.81%
- Total Assets 35.48%
About Nikitech Electric
Nikitech Electric Private Limited (NEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 June 2002 and has a history of 22 years and eight months. Its registered office is in Bangalore, Karnataka, India.
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 2023. It's a company limited by shares with an authorized capital of Rs 4.00 M and a paid-up capital of Rs 4.00 M.
The company currently has active open charges totaling ₹12.30 Cr. The company has closed loans amounting to ₹6.63 M, as per Ministry of Corporate Affairs (MCA) records.
Vijaykumar, Cheeyandira Kavitha, and Nikhil Vijayakumar serve as directors at the Company.
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U31909KA2002PTC030585
- Company No.
030585
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Jun 2002
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Energy and Power
What products or services does Nikitech Electric Private Limited offer?
Nikitech Electric Private Limited offers a wide range of products and services, including Electrical Panels & Distribution Box, Starter Panel, Switchgear Panels, Motor Control Panels, Electric Control Panel, APFC Panels, Electrical Distribution System, Power Distribution Board, Automotive Body Parts, Instrument Panel Cluster.
Who are the key members and board of directors at Nikitech Electric?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vijaykumar  | Director | 04-Jun-2002 | Current |
| Cheeyandira Kavitha | Director | 04-Jun-2002 | Current |
| Nikhil Vijayakumar | Director | 31-Jul-2019 | Current |
Financial Performance of Nikitech Electric.
Nikitech Electric Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.34% increase. The company also saw a substantial improvement in profitability, with a 56.3% increase in profit. The company's net worth Soared by an impressive increase of 22.81%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Nikitech Electric?
In 2023, Nikitech Electric had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹122.97 M
Satisfied Charges
₹6.63 M
Charges Breakdown by Lending Institutions
- Others : 12.00 Cr
- Corporation Bank : 0.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Dec 2023 | Others | ₹2.95 M | Open |
| 19 Sep 2023 | Others | ₹5.00 M | Open |
| 11 Oct 2021 | Others | ₹0.50 M | Open |
| 26 Sep 2019 | Others | ₹3.50 M | Open |
| 14 Aug 2014 | Corporation Bank | ₹3.00 M | Open |
How Many Employees Work at Nikitech Electric?
Nikitech Electric has a workforce of 84 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Nikitech Electric, 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 Nikitech Electric'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.