Nirav Commercials Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 3.92 M
- Company Age 39 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- 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 nine months. Its registered office is in Mumbai, 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 2024. 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 Girish Agrawal as CFO and Amey Borkar as Company Secretary. Raghav Daga, Lalit Daga, Navinchandra Shah, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- 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
22 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Manufacturing
Metals and Minerals
Nirav Commercials Limited
Explore comprehensive data for Nirav Commercials Limited, including financials, compliance details, shareholding patterns, and litigation history.
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 |
| Girish Agrawal | CFO | 14-Aug-2019 | Current |
| Amey Borkar | Company Secretary | 01-Oct-2018 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Lalit Daga | Director | 10-Jul-1996 | Current |
| Navinchandra Shah | Director | 30-May-2017 | Current |
| Santosh Mundhra | Director | 29-Nov-2018 | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (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)
Vaibhav Medical And Education FoundationLalit Daga is a mutual person
Aditya Birla Ahura Centre Management Private LimitedLalit Daga is a mutual person
G.D.Birla Medical Research And Education FoundationLalit Daga is a mutual person
- Associated Non-Ferrous Metals Pvt Ltd
Raghav Daga and Lalit Daga are mutual person
- Associated Aluminium Industries Private Limited.
Raghav Daga and Lalit Daga are mutual person
- Associated Aluminium Products Private Limited
Raghav Daga and Lalit Daga are mutual person
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.
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.
Latest Updates, News, and FAQs on Nirav Commercials
Recent activity within the organization
- Annual General Meeting
Nirav Commercials Limited last Annual general meeting of members was held on 22 Aug 2024 as per latest MCA records.
- Balance Sheet
Nirav Commercials Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- 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.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.00 Cr with Charge ID 100785722 was registered on 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.
- Director Appointment
Girish Kumar Agrawal was appointed as a Cfo was appointed as a Cfo on 14 Aug 2019 & has been associated with this company since 5 years 8 months .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Nirav Commercials Limited?
Nirav Commercials Limited was incorporated on 27 Jun 1985.
What is authorized share capital and paid-up capital of Nirav Commercials Limited?
The authorized share capital of Nirav Commercials Limited is ₹ 2.00 Cr and paid-up capital is ₹ 3.92 M.
Who are the current board members & directors of Nirav Commercials Limited?
Currently 6 directors are associated with Nirav Commercials Limited.
- Raghav Daga
- Lalit Kumar Daga
- Navinchandra Himchand Shah
- Santosh Mundhra
- Girish Kumar Agrawal
- Amey Ashok Borkar
What is the registered address of Nirav Commercials Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Nirav Commercials Limited is B-1 Tulsi Vihar Dr. Ab Road, Worli Naka India, Mumbai, Maharashtra, 400018.
What is the corporate identification number (CIN) and company number of Nirav Commercials Limited?
The corporate identification number (CIN) of Nirav Commercials Limited is L51900MH1985PLC036668 and the company number is 036668 as per Ministry of Corporate Affairs (MCA).
Is Nirav Commercials Limited registered with any stock exchange in India?
Yes, Nirav Commercials Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Nirav Commercials Limited?
The Official website of Nirav Commercials Limited is https://www.associatedgroup.com
What has been the recent revenue trend for Nirav Commercials Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Nirav Commercials Limited has fallen by -11.59%.
How many employees does Nirav Commercials Limited currently have?
As Per 2023 financial reports, 10 employees are currently employed by Nirav Commercials Limited.
What change has been observed in the net worth of Nirav Commercials Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Nirav Commercials Limited has experienced an upsurge of 2.11%.
What are the total open charges for Nirav Commercials Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Nirav Commercials Limited amount to ₹ 3.49 Cr.
When was the last Balance Sheet of Nirav Commercials Limited filed with the ROC?
The most recent Balance Sheet for Nirav Commercials Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
Sudhir GoelDirectorSD
Shailesh DagaDirectorNM
Narayan MundhraDirectorRS
Renu SomaniDirector
Similar Companies Based on Metal Manufacturing & Processing
Saint-Gobain India Private Limited Chennai, Tamil Nadu, India
Orissa Metaliks Private Limited Kolkata, West Bengal, India
Hindalco Industries Limited Mumbai, Maharashtra, India
National Aluminium Co Ltd Khorda, Odisha, India
Vedanta Limited Mumbai, Maharashtra, India
Hindustan Zinc Limited Udaipur, Rajasthan, India
Hella Infra Market Limited Thane, Maharashtra, India
Jaquar And Company Private Limited Delhi, India