Nimit Finance Pvt Ltd

Provides investment advice and funding for equity, oil and gas, and life science companies.

1994 | Vadodara, Gujarat (India) | Active
Last Updated: January 04, 2025

Nimit Finance Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 30 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -55.40%
  • Profit Growth 640.46%
  • Ebitda 105.12%
  • Net Worth 9.08%
  • Total Assets -23.94%

About Nimit Finance

Nimit Finance Pvt Ltd (NFPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 November 1994 and has a history of 30 years and two months. Its registered office is in Vadodara, Gujarat, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.20 M, as per Ministry of Corporate Affairs (MCA) records.

Avinash Manchanda and Miten Manchanda serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65910GJ1994PTC023638

  • Company No.

    023638

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Nov 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

Who are the key members and board of directors at Nimit Finance?

Board Members (2)

Name Designation Appointment Date Status
Avinash Manchanda Country flag representing In Director 10-Jul-1995 Current
Miten Manchanda Country flag representing In Director 06-Sep-2010 Current

Financial Performance of Nimit Finance.

Nimit Finance Pvt Ltd, for the financial year ended 2017, experienced significant reduction in revenue, with a 55.4% decrease. The company also saw a substantial improvement in profitability, with a 640.46% increase in profit. The company's net worth moved up by a moderate rise of 9.08%.

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
-55.40%
Revenue from Operations
-52.35%
Total Assets
-23.94%
Profit or Loss
640.46%
Net Worth
9.08%
EBITDA
105.12%

What is the Ownership and Shareholding Structure of Nimit Finance?

In 2017, Nimit Finance had a public 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Nimit Finance?

Nimit Finance has a workforce of 0 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nimit Finance, 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 Nimit Finance'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 Nimit Finance

Recent activity within the organization

  • Annual General Meeting

    Nimit Finance Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Nimit Finance Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Miten Avinash Manchanda was appointed as a Director was appointed as a Director on 06 Sep 2010 & has been associated with this company since 14 years 5 months .

    06 Sep 2010

  • Director Appointment

    Avinash Chandra Manchanda was appointed as a Director was appointed as a Director on 10 Jul 1995 & has been associated with this company since 29 years 7 months .

    10 Jul 1995

  • Company Incorporation

    Nimit Finance Pvt Ltd was registered on 23 Nov 1994 with Roc Ahmedabad & aged 30 years 2 months as per MCA records.

    23 Nov 1994

Recent News, Updates & Announcement

Frequently asked questions

  • Nimit Finance Pvt Ltd was incorporated on 23 Nov 1994.

  • The authorized share capital of Nimit Finance Pvt Ltd is ₹ 1.00 M and paid-up capital is ₹ 0.20 M.

  • Currently 2 directors are associated with Nimit Finance Pvt Ltd.

    • Avinash Chandra Manchanda
    • Miten Avinash Manchanda
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nimit Finance Pvt Ltd is 706 Sanket Heights Near Akshar Chowk Sun Pharma Road Corner, Atladra India, Vadodara, Gujarat, 390012.

  • The corporate identification number (CIN) of Nimit Finance Pvt Ltd is U65910GJ1994PTC023638 and the company number is 023638 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nimit Finance Pvt Ltd is https://www.nimitfinance.com

  • According to the financial reports for the fiscal year 2017, the revenue trend for Nimit Finance Pvt Ltd has fallen by -55.40%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Nimit Finance Pvt Ltd has experienced an upsurge of 9.08%.

  • The most recent Balance Sheet for Nimit Finance Pvt Ltd was filed with the ROC on 31 Mar 2024.

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