Nirani Sugars Profile
Key Indicators
- Authorised Capital ₹ 1,500.00 Cr
- Paid Up Capital ₹ 0.10 M
- Company Age 4 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3,274.33 Cr
- Satisfied Charges ₹ 607.00 Cr
- Revenue Growth %
- Profit Growth 6420802.63%
- Ebitda -18593878.07%
- Net Worth -4728020.94%
- Total Assets 40619761.04%
About Nirani Sugars
Nirani Sugars Limited (NSL) is a Public Limited Indian Non-Government Company incorporated in India on 30 December 2020 (Four years and two months 29 days old ). Its registered office is in Bagalkot, Karnataka, India.
The Company is engaged in the Agriculture 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 1,500.00 Cr and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹3,274.33 Cr. The company has closed loans amounting to ₹607.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Nirani Sugars Limited India is Manali Velangi as COMPANY SECRETARY. Sangamesh Nirani, Vijay Nirani, and Vishal Nirani serve as directors at the Company.
Company Details
- Location
Bagalkot, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U15424KA2020PLC142790
- Company No.
142790
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
30 Dec 2020
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Agriculture
Who are the key members and board of directors at Nirani Sugars?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manali Velangi | Company Secretary | 23-Apr-2024 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vijay Nirani  | Director | 30-Dec-2020 | Current |
| Sangamesh Nirani | Director | 19-Oct-2021 | Current |
| Vishal Nirani | Director | 19-Oct-2021 | Current |
Financial Performance of Nirani Sugars.
Mrn Chamundi Canepower And Biorefineries Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 6420802.63% increase in profit. The company's net worth observed a substantial decline by a decrease of 4728020.94%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Nirani Sugars?
In 2023, Nirani Sugars had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ratna Cements (Yadwad) LimitedSangamesh Nirani is a mutual person
Trualt Bioenergy LimitedVijay Nirani and Vishal Nirani are mutual person
- Mahaveer Silicons Private Limited
Sangamesh Nirani is a mutual person
- Nirani Energy Private Limited
Sangamesh Nirani is a mutual person
- Swarnim Merchants Pvt Ltd
Sangamesh Nirani and Vijay Nirani are mutual person
- Nirani Hospitality Private Limited
Sangamesh Nirani is a mutual person
Charges (Loans)
Open Charges
₹3,274.33 Cr
Satisfied Charges
₹607.00 Cr
Charges Breakdown by Lending Institutions
- Others : 1923.67 Cr
- Bank Of India : 1028.52 Cr
- Ifci Limited : 228.42 Cr
- Government Of India Represented By Ifci Ltd. : 31.80 Cr
- Indian Renewable Energy Development Agency Ltd : 24.50 Cr
- Others : 37.42 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jun 2024 | Others | ₹105.00 Cr | Open |
| 06 Apr 2024 | Others | ₹100.00 Cr | Open |
| 31 Mar 2024 | Others | ₹25.00 Cr | Open |
| 31 Mar 2024 | Others | ₹25.00 Cr | Open |
| 31 Mar 2024 | Others | ₹80.00 Cr | Open |
How Many Employees Work at Nirani Sugars?
Unlock and access historical data on people associated with Nirani Sugars, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
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
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.
Latest Updates, News, and FAQs on Nirani Sugars
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 105.00 Cr with Charge ID 100930442 was registered on 11 Jun 2024.
- Director Appointment
Manali Gajanan Velangi was appointed as a Company Secretary was appointed as a Company Secretary on 23 Apr 2024 & has been associated with this company since 11 months 5 days .
- Charges
A charge registered on 02 Mar 2021 via Charge ID 100433959 with Others was fully satisfied on 18 Apr 2024.
- Charges
A charge with Others amounted to Rs. 100.00 Cr with Charge ID 100913187 was registered on 06 Apr 2024.
- Charges
A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100913165 was registered on 31 Mar 2024.
- Charges
A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100913173 was registered on 31 Mar 2024.
Frequently asked questions
What is the Incorporation or founding date of Nirani Sugars Limited?
Nirani Sugars Limited was incorporated on 30 Dec 2020.
What is authorized share capital and paid-up capital of Nirani Sugars Limited?
The authorized share capital of Nirani Sugars Limited is ₹ 1,500.00 Cr and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Nirani Sugars Limited?
Currently 4 directors are associated with Nirani Sugars Limited.
- Sangamesh Rudrappa Nirani
- Vijay Murugesh Nirani
- Vishal Murgesh Nirani
- 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 Survey No. 166 Kulali Cross Jamkhandi Mudhol Road, India, Bagalkot, Karnataka, 587313.
What is the corporate identification number (CIN) and company number of Nirani Sugars Limited?
The corporate identification number (CIN) of Nirani Sugars Limited is U15424KA2020PLC142790 and the company number is 142790 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 change has been observed in the net worth of Nirani Sugars Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Nirani Sugars Limited has experienced an downturn of -4728020.94%.
What are the total open charges for Nirani Sugars Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Nirani Sugars Limited amount to ₹ 3,274.33 Cr.
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 2023.
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