Nimbark Fashions Limited

Textile company specializing in organic and fancy yarn production and sale of fabrics.

1997 | Mumbai, Maharashtra (India) | Active
Last Updated: October 23, 2024

Nimbark Fashions Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 10.51 Cr
  • Company Age 27 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 125.66 Cr
  • Satisfied Charges ₹ 8.27 Cr
  • Revenue Growth 70.66%
  • Profit Growth 3.60%
  • Ebitda 4.65%
  • Net Worth 11.66%
  • Total Assets 33.87%

About Nimbark Fashions

Nimbark Fashions Limited (NFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 May 1997 and has a history of 27 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Nimbark Cotsyn 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 15.00 Cr and a paid-up capital of Rs 10.51 Cr.

The company currently has active open charges totaling ₹125.66 Cr. The company has closed loans amounting to ₹8.27 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Nimbark Fashions Limited India is Manish Bang as CFO. Jagdish Dargar, Jagadip Singh, Dinesh Maheshwari, and Four other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    nimbark.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17110MH1997PLC107706

  • Company No.

    107706

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 May 1997

  • Date of AGM

    10 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Nimbark Fashions Limited offer?

Nimbark Fashions Limited offers a wide range of products and services, including Yarns & Threads, Polyester Yarn, Natural Fiber Yarns, Yarn, Industrial Yarn, Synthetic Yarn, Cotton Yarn, Weaving Yarn, Twisted Yarn, Organic Cotton Yarn.

Who are the key members and board of directors at Nimbark Fashions?

Executive Team (2)

NameDesignationAppointment DateStatus
Manish Bang Country flag representing In CFO30-Sep-2014Current
Dinesh Maheshwari Country flag representing In Managing Director01-May-1997Current

Board Members (6)

NameDesignationAppointment DateStatus
Rajendra Ganatra Country flag representing In Director 20-Jun-2019Current
Manish Bang Country flag representing In Whole-Time Director and Cfo 01-May-1997Current
Jagadip Singh Country flag representing In Director 14-Jul-2021Current
Jagdish Dargar Country flag representing In Director 20-Jun-2019Current
Mahesh Maheshwari Country flag representing In Whole-Time Director 09-Feb-2011Current
Shrikant Bang Country flag representing In Director 20-Jun-2002Current

Financial Performance of Nimbark Fashions.

Nimbark Fashions Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 70.66% increase. The company also saw a slight improvement in profitability, with a 3.6% increase in profit. The company's net worth Soared by an impressive increase of 11.66%.

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
70.66%
Revenue from Operations
70.67%
Total Assets
33.87%
Profit or Loss
3.60%
Net Worth
11.66%
EBITDA
4.65%

What is the Ownership and Shareholding Structure of Nimbark Fashions?

In 2022, Nimbark Fashions 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

₹125.66 Cr

Satisfied Charges

₹8.27 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 125.66 Cr

Latest Charge Details

DateLenderAmountStatus
23 Feb 2015Hdfc Bank Limited₹64.08 CrOpen
11 Feb 2015Hdfc Bank Limited₹21.58 CrOpen
03 Feb 2015Hdfc Bank Limited₹40.00 CrOpen
30 Mar 2019Others₹2.66 MSatisfied
26 Mar 2014Tamilnad Mercantile Bank Limited₹8.00 CrSatisfied

How Many Employees Work at Nimbark Fashions?

Nimbark Fashions has a workforce of 14 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nimbark Fashions, 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 Nimbark Fashions'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 Nimbark Fashions

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 64.08 Cr registered on 23 Feb 2015 with Charge ID 10553914 was modified on 13 Sep 2024.

    13 Sep 2024

  • Annual General Meeting

    Nimbark Fashions Limited last Annual general meeting of members was held on 10 Aug 2023 as per latest MCA records.

    10 Aug 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 21.58 Cr registered on 11 Feb 2015 with Charge ID 10553915 was modified on 15 Apr 2023.

    15 Apr 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 40.00 Cr registered on 03 Feb 2015 with Charge ID 10553916 was modified on 15 Apr 2023.

    15 Apr 2023

  • Balance Sheet

    Nimbark Fashions Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Jagadip Narayan Singh was appointed as a Director was appointed as a Director on 14 Jul 2021 & has been associated with this company since 3 years 7 months .

    14 Jul 2021

Frequently asked questions

  • Nimbark Fashions Limited was incorporated on 01 May 1997.

  • The authorized share capital of Nimbark Fashions Limited is ₹ 15.00 Cr and paid-up capital is ₹ 10.51 Cr.

  • Currently 8 directors are associated with Nimbark Fashions Limited.

    • Jagdish Chandra Dargar
    • Jagadip Narayan Singh
    • Dinesh Maheshwari
    • Mahesh Maheshwari
    • Manish Bang
    • Shrikant Bang
    • Rajendra Mohanlal Ganatra
    • Manish Bang
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nimbark Fashions Limited is 1006 Windfall Sahar Plaza Andheri Kurla Road, (East) India, Mumbai, Maharashtra, 400059.

  • The corporate identification number (CIN) of Nimbark Fashions Limited is U17110MH1997PLC107706 and the company number is 107706 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nimbark Fashions Limited is https://www.nimbark.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nimbark Fashions Limited has risen by 70.66%.

  • As Per 2023 financial reports, 14 employees are currently employed by Nimbark Fashions Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nimbark Fashions Limited has experienced an upsurge of 11.66%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nimbark Fashions Limited amount to ₹ 125.66 Cr.

  • The most recent Balance Sheet for Nimbark Fashions Limited was filed with the ROC on 31 Mar 2023.

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