Nirlon Limited

Developing real estate properties and industrial/IT park with potential for further development/re-development.

1958 | Mumbai, Maharashtra (India) | Active
Last Updated:

Nirlon Profile

Key Indicators

  • Authorised Capital ₹ 150.00 Cr
  • Paid Up Capital ₹ 90.12 Cr
  • Company Age 67 Year, 16 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,230.00 Cr
  • Satisfied Charges ₹ 1,669.95 Cr
  • Revenue Growth 48.84%
  • Profit Growth 42.51%
  • Ebitda 54.03%
  • Net Worth -15.94%
  • Total Assets -4.43%

About Nirlon

Nirlon Limited (NL) was founded in India on 12 March 1958 and has a glorious history of 67 years . Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500307.

The Corporate was formerly known as Nanubhai Industries Private Limited. The Company is engaged in the Real Estate And Construction 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 150.00 Cr and a paid-up capital of Rs 90.12 Cr.

The company currently has active open charges totaling ₹1,230.00 Cr. The company has closed loans amounting to ₹1,669.95 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Nirlon Limited India are Manish Parikh as Cfo, Jasmin Bhavsar as Company Secretary, and Rahul Sagar as Ceo. Rahul Sagar, Kunnasagaran Chinniah, Sridhar Srinivasan, and Three other members 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

    L17120MH1958PLC011045

  • Company No.

    011045

  • Stock Symbol

    BSE : 500307

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Mar 1958

  • Date of AGM

    24 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

Who are the key members and board of directors at Nirlon?

Executive Team (3)

NameDesignationAppointment DateStatus
Manish Parikh Country flag representing In CFO01-Apr-2023Current
Jasmin Bhavsar Country flag representing In Company Secretary06-Mar-2006Current
Rahul Sagar Country flag representing In CEO01-Feb-2021Current

Board Members (6)

NameDesignationAppointment DateStatus
Sridhar Srinivasan Country flag representing In Director 29-Sep-2020Current
Kunnasagaran Chinniah Country flag representing Sg Nominee Director 28-Apr-2016Current
Rahul Sagar Country flag representing In Whole-Time Director and Ceo 01-Apr-2015Current
Arjun Khullar Nominee Director 20-Jun-2024Current
Anjali Seth Country flag representing In Director 13-May-2019Current
Rajinder Singh Country flag representing In Director 13-May-2019Current

Financial Performance of Nirlon.

Nirlon Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 48.84% increase. The company also saw a substantial improvement in profitability, with a 42.51% increase in profit. The company's net worth observed a substantial decline by a decrease of 15.94%.

Nirlon revenue growth over time
Nirlon 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
48.84%
Revenue from Operations
49.15%
Total Assets
-4.43%
Profit or Loss
42.51%
Net Worth
-15.94%
EBITDA
54.03%

What is the Ownership and Shareholding Structure of Nirlon?

In 2023, Nirlon had a promoter holding of 70.34% and a public holding of 29.65%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,230.00 Cr

Satisfied Charges

₹1,669.95 Cr

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 1230.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Apr 2022The Hongkong And Shanghai Banking Corporation Limited₹1,230.00 CrOpen
05 Jun 2018Others₹500.00 CrSatisfied
17 Oct 2012Housing Development Finance Corporation Limited₹560.00 CrSatisfied
11 Oct 2010Bank Of India₹0.70 MSatisfied
24 May 2007Bank Of India₹2.25 MSatisfied

How Many Employees Work at Nirlon?

Nirlon has a workforce of 3 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.

Employee growth trends for Nirlon Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 1,230.00 Cr registered on 30 Apr 2022 with Charge ID 100566730 was modified on 13 Nov 2024.

  • Annual General Meeting

    Nirlon Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.

  • Director Appointment

    Arjun Khullar was appointed as a Nominee Director was appointed as a Nominee Director on 20 Jun 2024 & has been associated with this company since 9 months 7 days .

  • Balance Sheet

    Nirlon Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge registered on 05 Jun 2018 via Charge ID 100183746 with Others was fully satisfied on 10 May 2022.

  • Charges

    A charge registered on 17 Oct 2012 via Charge ID 10419537 with Housing Development Finance Corporation Limited was fully satisfied on 10 May 2022.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Nirlon Limited?

    Nirlon Limited was incorporated on 12 Mar 1958.

  • What is authorized share capital and paid-up capital of Nirlon Limited?

    The authorized share capital of Nirlon Limited is ₹ 150.00 Cr and paid-up capital is ₹ 90.12 Cr.

  • Who are the current board members & directors of Nirlon Limited?

    Currently 9 directors are associated with Nirlon Limited.

    • Rahul Virenchee Sagar
    • Kunnasagaran Chinniah
    • Sridhar Srinivasan
    • Arjun Khullar
    • Manish B Parikh
    • Jasmin Kirit Bhavsar
    • Rahul Virenchee Sagar
    • Anjali Karamnarayan Seth
    • Rajinder Pal Singh

  • What is the registered address of Nirlon Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Nirlon Limited is Pahadi Village, Goregaon East India, Mumbai, Maharashtra, 400063.

  • What is the corporate identification number (CIN) and company number of Nirlon Limited?

    The corporate identification number (CIN) of Nirlon Limited is L17120MH1958PLC011045 and the company number is 011045 as per Ministry of Corporate Affairs (MCA).

  • Is Nirlon Limited registered with any stock exchange in India?

    Yes, Nirlon Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Nirlon Limited?

    The Official website of Nirlon Limited is https://www.nirlonltd.com

  • What has been the recent revenue trend for Nirlon Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Nirlon Limited has risen by 48.84%.

  • How many employees does Nirlon Limited currently have?

    As Per 2023 financial reports, 3 employees are currently employed by Nirlon Limited.

  • What change has been observed in the net worth of Nirlon Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Nirlon Limited has experienced an downturn of -15.94%.

  • What are the total open charges for Nirlon Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Nirlon Limited amount to ₹ 1,230.00 Cr.

  • When was the last Balance Sheet of Nirlon Limited filed with the ROC?

    The most recent Balance Sheet for Nirlon Limited was filed with the ROC on 31 Mar 2024.

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