Nikol Advance Materials Private Limited

Manufactures and exports various types of fabrics and reinforcements.

1999 | Ahmedabad, Gujarat (India) | Active
Last Updated: October 24, 2024

Nikol Advance Materials Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 25 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.02 Cr
  • Revenue Growth 60.90%
  • Profit Growth 7.09%
  • Ebitda 15.46%
  • Net Worth 27.92%
  • Total Assets 21.03%

About Nikol Advance Materials

Nikol Advance Materials Private Limited (NAMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 August 1999 and has a history of 25 years and five months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Nicol Textiles Private Limited. 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 2.00 M and a paid-up capital of Rs 2.00 M.

The company currently has active open charges totaling ₹7.02 Cr.

Purshottam Patel, Mehulkumar Patel, and Dhavalkumar Patel serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    nikolindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17110GJ1999PTC036503

  • Company No.

    036503

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Aug 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Nikol Advance Materials Private Limited offer?

Nikol Advance Materials Private Limited offers a wide range of products and services, including Yarns & Threads, Industrial Yarn, Adhesive & Pressure Sensitive Tapes, Industrial Tape, Industrial Fabrics and Textiles, Industrial Fabric, Fiber Glass Products, Fiberglass Cloth, Safety Tapes, Fiberglass Products.

Who are the key members and board of directors at Nikol Advance Materials?

Executive Team (1)

NameDesignationAppointment DateStatus
Mehulkumar Patel Country flag representing In Managing Director31-Aug-1999Current

Board Members (2)

NameDesignationAppointment DateStatus
Dhavalkumar Patel Country flag representing In Director 01-Apr-2016Current
Purshottam Patel Country flag representing In Additional Director 06-Mar-2018Current

Financial Performance of Nikol Advance Materials.

Nikol Advance Materials Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 60.9% increase. The company also saw a slight improvement in profitability, with a 7.09% increase in profit. The company's net worth Soared by an impressive increase of 27.92%.

Graph illustrating revenue growth over time
Graph showing 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
60.90%
Revenue from Operations
60.25%
Total Assets
21.03%
Profit or Loss
7.09%
Net Worth
27.92%
EBITDA
15.46%

What is the Ownership and Shareholding Structure of Nikol Advance Materials?

Unlock access to Nikol Advance Materials's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹70.23 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Kalupur Commercial Co-Operative Bank Limited : 5.50 Cr
  • The Kalupur Commercial Co-Op Bank Ltd : 1.12 Cr
  • The Kalupur Commercial Co-Op Bank Limited : 0.16 Cr
  • Kalupur Commeercial Co-Op. Bank Ltd. : 0.15 Cr
  • The Kalupur Commercial Co-Op. Bank Ltd. : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
06 Apr 2023The Kalupur Commercial Co-Operative Bank Limited₹1.72 MOpen
18 Aug 2022The Kalupur Commercial Co-Operative Bank Limited₹4.10 MOpen
28 Apr 2022The Kalupur Commercial Co-Operative Bank Limited₹2.16 CrOpen
07 Mar 2019The Kalupur Commercial Co-Operative Bank Limited₹1.00 MOpen
19 Sep 2016The Kalupur Commercial Co-Operative Bank Limited₹1.50 MOpen

How Many Employees Work at Nikol Advance Materials?

Unlock and access historical data on people associated with Nikol Advance Materials, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nikol Advance Materials, 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 Nikol Advance Materials'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 Nikol Advance Materials

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with The Kalupur Commercial Co-Operative Bank Limited amounted to Rs. 1.72 M with Charge ID 100709066 was registered on 06 Apr 2023.

    06 Apr 2023

  • Charges

    A charge with The Kalupur Commercial Co-Operative Bank Limited of Rs. 21.60 M registered on 28 Apr 2022 with Charge ID 100575126 was modified on 06 Apr 2023.

    06 Apr 2023

  • Balance Sheet

    Nikol Advance Materials Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with The Kalupur Commercial Co-Operative Bank Limited amounted to Rs. 4.10 M with Charge ID 100633415 was registered on 18 Aug 2022.

    18 Aug 2022

  • Charges

    A charge with The Kalupur Commercial Co-Operative Bank Limited amounted to Rs. 21.60 M with Charge ID 100575126 was registered on 28 Apr 2022.

    28 Apr 2022

Frequently asked questions

  • Nikol Advance Materials Private Limited was incorporated on 31 Aug 1999.

  • The authorized share capital of Nikol Advance Materials Private Limited is ₹ 2.00 M and paid-up capital is ₹ 2.00 M.

  • Currently 3 directors are associated with Nikol Advance Materials Private Limited.

    • Purshottam Bhikhabhai Patel
    • Mehulkumar Purshottambhai Patel
    • Dhavalkumar Purshotambhai Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nikol Advance Materials Private Limited is Madhav Estatenr Muktidham Indl Estate Nr Kiran Exports Nikol Villa India, Ge Road Ahmedabad, Gujarat, 382415.

  • The corporate identification number (CIN) of Nikol Advance Materials Private Limited is U17110GJ1999PTC036503 and the company number is 036503 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nikol Advance Materials Private Limited is https://www.nikolindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nikol Advance Materials Private Limited has risen by 60.90%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nikol Advance Materials Private Limited has experienced an upsurge of 27.92%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nikol Advance Materials Private Limited amount to ₹ 7.02 Cr.

  • The most recent Balance Sheet for Nikol Advance Materials Private Limited was filed with the ROC on 31 Mar 2023.

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