Nirani Sugars Limited

Produces sugar, power, ethanol, and other related products with a large manufacturing unit.

1995 | Merged
Last Updated:

Nirani Sugars Profile

Key Indicators

  • Authorised Capital ₹ 200.00 Cr
  • Paid Up Capital ₹ 187.57 Cr
  • Company Age 29 Year, 3 Months
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 1,742.47 Cr
  • Revenue Growth 41.24%
  • Profit Growth 87.55%
  • Ebitda 3.35%
  • Net Worth 6.23%
  • Total Assets 14.78%

About Nirani Sugars

Nirani Sugars Limited (NSL) is Amalgamated company established on 06 Dec 1995 with its office registered at and has been running since 29 Year, 3 Months with a paid up capital of 187.57 Cr. According to MCA records, 5 Directors and 2 Signatories are linked to this company as of 17 Jan 2025.

Company Details

  • Location Na, Karnataka
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15421KA1995PLC019340

  • Company No.

    019340

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Dec 1995

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Agriculture

Who are the key members and board of directors at Nirani Sugars?

Executive Team (3)

NameDesignationAppointment DateStatus
Vijay Nirani Country flag representing In Managing Director25-Jan-2016Current
Vikram Kakade Country flag representing In CFO01-Feb-2020Current
Manali Velangi Company Secretary07-Oct-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Venkatachalam Balasubramanian Country flag representing In Nominee Director 18-May-2007Current
Bhagawandas Jaju Country flag representing In Director 01-Mar-2016Current
Mallikarjun Dyaberi Country flag representing In Director 15-Mar-2016Current
Kamala Nirani Country flag representing In Director 20-Jun-2005Current

Financial Performance of Nirani Sugars.

Nirani Sugars Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 41.24% increase. The company also saw a substantial improvement in profitability, with a 87.55% increase in profit. The company's net worth moved up by a moderate rise of 6.23%.

Nirani Sugars revenue growth over time
Nirani Sugars 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
41.24%
Revenue from Operations
40.91%
Total Assets
14.78%
Profit or Loss
87.55%
Net Worth
6.23%
EBITDA
3.35%

What is the Ownership and Shareholding Structure of Nirani Sugars?

In 2022, Nirani Sugars had a promoter holding of 6.13% and a public holding of 93.87%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1,742.47 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 927.78 Cr
  • Others : 409.06 Cr
  • Idbi Bank Limited : 120.00 Cr
  • Indian Renewable Energy Development Agency Limited : 109.80 Cr
  • The Karnataka State Cooperative Apex Bank Limited : 65.33 Cr
  • Others : 110.50 Cr

Latest Charge Details

DateLenderAmountStatus
23 Mar 2022Others₹232.66 CrSatisfied
07 Oct 2020Others₹176.40 CrSatisfied
30 Aug 2019Bank Of India₹116.00 CrSatisfied
25 Jul 2019Bank Of India₹40.00 CrSatisfied
28 Sep 2018Idbi Bank Limited₹40.00 CrSatisfied

How Many Employees Work at Nirani Sugars?

Nirani Sugars has a workforce of 985 employees as of Aug 17, 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 Nirani Sugars Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nirani Sugars, 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 Nirani Sugars'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 Nirani Sugars

Recent activity within the organization

  • Charges

    A charge registered on 25 Jul 2019 via Charge ID 100295375 with Bank Of India was fully satisfied on 28 Dec 2023.

  • Charges

    A charge registered on 27 Dec 2013 via Charge ID 10471585 with Bank Of India was fully satisfied on 28 Dec 2023.

  • Charges

    A charge registered on 29 Jul 2013 via Charge ID 10444700 with Bank Of India was fully satisfied on 28 Dec 2023.

  • Charges

    A charge registered on 21 Aug 2010 via Charge ID 10248176 with Bank Of India was fully satisfied on 28 Dec 2023.

  • Charges

    A charge registered on 03 Apr 2009 via Charge ID 10158741 with Bank Of India was fully satisfied on 28 Dec 2023.

  • Charges

    A charge registered on 30 Mar 2017 via Charge ID 100093350 with Bank Of India was fully satisfied on 28 Nov 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Nirani Sugars Limited?

    Nirani Sugars Limited was incorporated on 06 Dec 1995.

  • What is authorized share capital and paid-up capital of Nirani Sugars Limited?

    The authorized share capital of Nirani Sugars Limited is ₹ 200.00 Cr and paid-up capital is ₹ 187.57 Cr.

  • Who are the current board members & directors of Nirani Sugars Limited?

    Currently 7 directors are associated with Nirani Sugars Limited.

    • Venkatachalam Balasubramanian
    • Bhagawandas Mukundas Jaju
    • Mallikarjun Bhimappa Dyaberi
    • Kamala Murigeppa Nirani
    • Vijay Murugesh Nirani
    • Vikram Dattatray Kakade
    • Manali Gajanan Velangi

  • What is the registered address of Nirani Sugars Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Nirani Sugars Limited is Kulali Cross Jamkhandi Mudhol Dist.Bagalkot. Mudhol, Kartaka India, Na, Karnataka.

  • What is the corporate identification number (CIN) and company number of Nirani Sugars Limited?

    The corporate identification number (CIN) of Nirani Sugars Limited is U15421KA1995PLC019340 and the company number is 019340 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Nirani Sugars Limited?

    The Official website of Nirani Sugars Limited is https://www.niranigroups.com

  • What has been the recent revenue trend for Nirani Sugars Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Nirani Sugars Limited has risen by 41.24%.

  • How many employees does Nirani Sugars Limited currently have?

    As Per 2022 financial reports, 985 employees are currently employed by Nirani Sugars Limited.

  • What change has been observed in the net worth of Nirani Sugars Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Nirani Sugars Limited has experienced an upsurge of 6.23%.

  • When was the last Balance Sheet of Nirani Sugars Limited filed with the ROC?

    The most recent Balance Sheet for Nirani Sugars Limited was filed with the ROC on 31 Mar 2022.

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