Nirav Tools Private Limited

Distributes and services industrial tools for various clients.

2016 | Bangaluru, Karnataka (India) | Active
Last Updated: January 01, 2025

Nirav Tools Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.00 M
  • Revenue Growth -21.84%
  • Profit Growth 38.73%
  • Ebitda 92.11%
  • Net Worth 81.98%
  • Total Assets -18.58%

About Nirav Tools

Nirav Tools Private Limited (NTPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 14 May 2016 (Eight years and nine months 10 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Machinery And Equipment 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 1.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹2.00 M.

Rangappa Sridhar and Chitra Ramadas serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    niravtools.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29300KA2016PTC093268

  • Company No.

    093268

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 May 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

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

Executive Team (1)

NameDesignationAppointment DateStatus
Rangappa Sridhar Country flag representing In Managing Director14-May-2016Current

Board Members (1)

NameDesignationAppointment DateStatus
Chitra Ramadas Country flag representing In Director 14-May-2016Current

Financial Performance of Nirav Tools.

Nirav Tools Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 21.84% decrease. The company also saw a substantial improvement in profitability, with a 38.73% increase in profit. The company's net worth Soared by an impressive increase of 81.98%.

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
-21.84%
Revenue from Operations
-23.92%
Total Assets
-18.58%
Profit or Loss
38.73%
Net Worth
81.98%
EBITDA
92.11%

What is the Ownership and Shareholding Structure of Nirav Tools?

Unlock access to Nirav Tools's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
23 Feb 2023State Bank Of India₹2.00 MOpen

How Many Employees Work at Nirav Tools?

Unlock and access historical data on people associated with Nirav Tools, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nirav Tools, 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 Tools'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 Tools

Recent activity within the organization

  • Annual General Meeting

    Nirav Tools Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Nirav Tools Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 2.00 M with Charge ID 100687610 was registered on 23 Feb 2023.

    23 Feb 2023

  • Director Appointment

    Rangappa Kallarapam Sridhar was appointed as a Managing Director was appointed as a Managing Director on 14 May 2016 & has been associated with this company since 8 years 9 months .

    14 May 2016

  • Director Appointment

    Chitra Ramadas was appointed as a Director was appointed as a Director on 14 May 2016 & has been associated with this company since 8 years 9 months .

    14 May 2016

  • Company Incorporation

    Nirav Tools Private Limited was registered on 14 May 2016 with Roc Bangalore & aged 8 years 9 months as per MCA records.

    14 May 2016

Frequently asked questions

  • Nirav Tools Private Limited was incorporated on 14 May 2016.

  • The authorized share capital of Nirav Tools Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Nirav Tools Private Limited.

    • Rangappa Kallarapam Sridhar
    • Chitra Ramadas
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nirav Tools Private Limited is No.411 Jakkur Layout Yelahanka, India, Bengaluru, Karnataka, 560064.

  • The corporate identification number (CIN) of Nirav Tools Private Limited is U29300KA2016PTC093268 and the company number is 093268 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nirav Tools Private Limited is https://www.niravtools.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nirav Tools Private Limited has fallen by -21.84%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nirav Tools Private Limited has experienced an upsurge of 81.98%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nirav Tools Private Limited amount to ₹ 2.00 M.

  • The most recent Balance Sheet for Nirav Tools Private Limited was filed with the ROC on 31 Mar 2024.