Nirav Commercials Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 26-06-2024
- Paid Up Capital ₹ 3.92 M
as on 26-06-2024
- Company Age 39 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.49 Cr
as on 26-06-2024
- Revenue -11.59%
(FY 2023)
- Profit -53.43%
(FY 2023)
- Ebitda 242.87%
(FY 2023)
- Net Worth 2.11%
(FY 2023)
- Total Assets 4.41%
(FY 2023)
About Nirav Commercials
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 512425.
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 Cr and a paid-up capital of Rs 3.92 M.
The company currently has active open charges totaling ₹3.49 Cr.
The Key Managerial Personnel (KMP) at Nirav Commercials Limited India are Amey Borkar as COMPANY SECRETARY and Girish Agrawal as Cfo. Raghav Daga, Lalit Daga, Santosh Mundhra, and One other member serve as directors at the Company.
- CIN/LLPIN
L51900MH1985PLC036668
- Company No.
036668
- Stock Symbol
BSE : 512425
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
27 Jun 1985
- Date of AGM
06 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Raigarh, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Nirav Commercials?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Raghav Daga  | Managing Director | 29-Nov-2018 | Current |
| Amey Borkar | Company Secretary | 01-Oct-2018 | Current |
| Girish Agrawal | CFO | 14-Aug-2019 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Lalit Daga | Director | 10-Jul-1996 | Current |
| Santosh Mundhra | Director | 29-Nov-2018 | Current |
| Navinchandra Shah | Director | 30-May-2017 | Current |
Financial Performance and Corporate Structure Insights of Nirav Commercials.
Nirav Commercials Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.59% decrease. The company also saw a substantial fall in profitability, with a 53.43% decrease in profit. The company's net worth moved up by a moderate rise of 2.11%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Nirav Commercials?
In 2023, Nirav Commercials had a promoter holding of 51.95% and a public holding of 48.06%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Aditya Birla Ahura Centre Management Private LimitedActive 40 years 10 monthsLalit Daga is a mutual person
G.D.Birla Medical Research And Education FoundationActive 37 years 9 monthsLalit Daga is a mutual person
Associated Non-Ferrous Metals Pvt LtdActive 43 years 3 monthsRaghav Daga and Lalit Daga are mutual person
- Associated Aluminium Industries Private Limited.Active 52 years 9 months
Raghav Daga and Lalit Daga are mutual person
- Associated Aluminium Products Private LimitedActive 12 years 11 months
Raghav Daga and Lalit Daga are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 17 Aug 2023 | ₹3.00 Cr | Open |
Hdfc Bank Limited Creation Date: 29 May 2023 | ₹2.31 M | Open |
State Bank Of India Creation Date: 18 Jan 2002 | ₹2.60 M | Open |
How Many Employees Work at Nirav Commercials?
Nirav Commercials has a workforce of 10 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Nirav Commercials, 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 Nirav Commercials'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.
