Nirav Commercials Limited

Manufacturer and trader of aluminum products with ISO certification, based in Mumbai.

1985 | Raigarh, Maharashtra (India) | Active
Last Updated: June 26, 2024

Nirav Commercials Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 3.92 M
  • Company Age 39 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.49 Cr
  • Revenue Growth -11.59%
  • Profit Growth -53.43%
  • Ebitda 242.87%
  • Net Worth 2.11%
  • Total Assets 4.41%

About Nirav Commercials

Nirav Commercials Limited (NCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 June 1985 and has a history of 39 years and seven months. Its registered office is in Raigarh, Maharashtra, India.

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.

Company Details

  • Location

    Raigarh, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • 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

Manufacturing
Metals and Minerals

Who are the key members and board of directors at Nirav Commercials?

Executive Team (3)

Name Designation Appointment Date Status
Raghav Daga Country flag representing In Managing Director 29-Nov-2018 Current
Amey Borkar Country flag representing In Company Secretary 01-Oct-2018 Current
Girish Agrawal Country flag representing In CFO 14-Aug-2019 Current

Board Members (3)

Name Designation Appointment Date Status
Lalit Daga Country flag representing In Director 10-Jul-1996 Current
Santosh Mundhra Country flag representing In Director 29-Nov-2018 Current
Navinchandra Shah Country flag representing In Director 30-May-2017 Current

Financial Performance 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%.

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
-11.59%
Revenue from Operations
-13.28%
Total Assets
4.41%
Profit or Loss
-53.43%
Net Worth
2.11%
EBITDA
242.87%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.49 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 3.23 Cr
  • State Bank Of India : 0.26 Cr

Latest Charge Details

Date Lender Amount Status
17 Aug 2023 Hdfc Bank Limited ₹3.00 Cr Open
29 May 2023 Hdfc Bank Limited ₹2.31 M Open
18 Jan 2002 State Bank Of India ₹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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Nirav Commercials

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 3.00 Cr registered on 17 Aug 2023 with Charge ID 100785722 was modified on 30 Oct 2023.

    30 Oct 2023

  • Annual General Meeting

    Nirav Commercials Limited last Annual general meeting of members was held on 06 Sep 2023 as per latest MCA records.

    06 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.00 Cr with Charge ID 100785722 was registered on 17 Aug 2023.

    17 Aug 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.23 Cr with Charge ID 100739111 was registered on 29 May 2023.

    29 May 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Raghav Daga was appointed as a Managing Director was appointed as a Managing Director on 29 Nov 2018 & has been associated with this company since 6 years 2 months .

    29 Nov 2018

Frequently asked questions

  • Nirav Commercials Limited was incorporated on 27 Jun 1985.

  • The authorized share capital of Nirav Commercials Limited is ₹ 2.00 Cr and paid-up capital is ₹ 3.92 M.

  • Currently 6 directors are associated with Nirav Commercials Limited.

    • Raghav Daga
    • Lalit Kumar Daga
    • Amey Ashok Borkar
    • Girish Kumar Agrawal
    • Santosh Mundhra
    • Navinchandra Himchand Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nirav Commercials Limited is Plot No W-50 Midc Industrial Area, Taloja, Maharashtra, India, 410208.

  • The corporate identification number (CIN) of Nirav Commercials Limited is L51900MH1985PLC036668 and the company number is 036668 as per Ministry of Corporate Affairs (MCA).

  • Yes, Nirav Commercials Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Nirav Commercials Limited is https://www.associatedgroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nirav Commercials Limited has fallen by -11.59%.

  • As Per 2023 financial reports, 10 employees are currently employed by Nirav Commercials Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nirav Commercials Limited has experienced an upsurge of 2.11%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nirav Commercials Limited amount to ₹ 3.49 Cr.

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

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