Nishtha Finance And Investment (India) Ltd

Provides financial services and generates solar energy for power projects.

1983 | Ahmedabad, Gujarat (India) | Active
Last Updated: January 11, 2025

Nishtha Finance And Investment (India) Profile

Key Indicators

  • Authorised Capital ₹ 11.00 Cr
  • Paid Up Capital ₹ 7.70 Cr
  • Company Age 41 Year, 2 Months
  • Last Filing with ROC 31 Mar 2019
  • Revenue Growth 0.79%
  • Profit Growth 25.43%
  • Ebitda 49.42%
  • Net Worth 1.52%
  • Total Assets 4.61%

About Nishtha Finance And Investment (India)

Nishtha Finance And Investment (India) Ltd (NFAIIL) is a Public Limited Indian Non-Government Company incorporated in India on 16 November 1983 and has a history of 41 years and two months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Environment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 11.00 Cr and a paid-up capital of Rs 7.70 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Nishtha Finance And Investment (India) Ltd India are Chunilal Vrajlal as CFO and Ashish Joshi as Ceo. Ashish Joshi, Chovatiya Haribhai, Chunilal Vrajlal, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L74110GJ1983PLC102253

  • Company No.

    102253

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Nov 1983

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Environment
Financial Services

Who are the key members and board of directors at Nishtha Finance And Investment (India)?

Executive Team (2)

Name Designation Appointment Date Status
Ashish Joshi Country flag representing In Managing Director 14-Nov-2016 Current
Chunilal Vrajlal Country flag representing In CFO 16-Jun-2018 Current

Board Members (9)

Name Designation Appointment Date Status
Nikunj Savaliya Country flag representing In Director 29-Jan-2018 Current
Nikul Chovatiya Country flag representing In Director Current
Chovatiya Haribhai Country flag representing In Director 14-Nov-2016 Current
Bhargavkumar Undhad Country flag representing In Director 11-May-2017 Current
Chunilal Vrajlal Country flag representing In Director and Cfo 06-Oct-2016 Current
Chovatiya Chetankumar Country flag representing In Director 14-Nov-2016 Current

Financial Performance of Nishtha Finance And Investment (India).

Nishtha Finance And Investment (India) Ltd, for the financial year ended 2019, experienced modest growth in revenue, with a 0.79% increase. The company also saw a substantial improvement in profitability, with a 25.43% increase in profit. The company's net worth moved up by a moderate rise of 1.52%.

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
0.79%
Revenue from Operations
0.77%
Total Assets
4.61%
Profit or Loss
25.43%
Net Worth
1.52%
EBITDA
49.42%

What is the Ownership and Shareholding Structure of Nishtha Finance And Investment (India)?

In 2019, Nishtha Finance And Investment (India) had a promoter holding of 43.30% and a public holding of 56.70%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Nishtha Finance And Investment (India)?

Unlock and access historical data on people associated with Nishtha Finance And Investment (India), 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 Nishtha Finance And Investment (India), 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 Nishtha Finance And Investment (India)'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 Nishtha Finance And Investment (India)

Recent activity within the organization

  • Annual General Meeting

    Nishtha Finance And Investment (India) Ltd last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Nishtha Finance And Investment (India) Ltd has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Ahmedabad.

    31 Mar 2019

  • Director Appointment

    Nikunj Hasmukhbhai Savaliya was appointed as a Director was appointed as a Director on 29 Jan 2018 & has been associated with this company since 7 years 3 days .

    29 Jan 2018

  • Director Appointment

    Bhargavkumar Jaysukhbhai Undhad was appointed as a Director was appointed as a Director on 11 May 2017 & has been associated with this company since 7 years 8 months .

    11 May 2017

  • Director Appointment

    Bhuva Piyush Rameshbhai was appointed as a Director was appointed as a Director on 11 May 2017 & has been associated with this company since 7 years 8 months .

    11 May 2017

  • Director Appointment

    Paghdar Jayeshbhai Kantilal was appointed as a Director was appointed as a Director on 11 May 2017 & has been associated with this company since 7 years 8 months .

    11 May 2017

Frequently asked questions

  • Nishtha Finance And Investment (India) Ltd was incorporated on 16 Nov 1983.

  • The authorized share capital of Nishtha Finance And Investment (India) Ltd is ₹ 11.00 Cr and paid-up capital is ₹ 7.70 Cr.

  • Currently 12 directors are associated with Nishtha Finance And Investment (India) Ltd.

    • Ashish Jitendra Joshi
    • Chovatiya Chetankumar Haribhai
    • Chunilal Chovatiya Vrajlal
    • Chovatiya Miraben Chetankumar
    • Nikul Haribhai Chovatiya
    • Chovatiya Sanjaybhai Vrujlal
    • Bhargavkumar Jaysukhbhai Undhad
    • Bhuva Piyush Rameshbhai
    • Paghdar Jayeshbhai Kantilal
    • Nikunj Hasmukhbhai Savaliya
    • Chunilal Chovatiya Vrajlal
    • Ashish Jitendra Joshi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nishtha Finance And Investment (India) Ltd is A/202 2Nd Floor Narnarayan Complex Nr. Navrangpura Bus Stop Swastik Char R Asta, Ahmedabad India, Navrangpura Ahmedabad, Gujarat, 380009.

  • The corporate identification number (CIN) of Nishtha Finance And Investment (India) Ltd is L74110GJ1983PLC102253 and the company number is 102253 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nishtha Finance And Investment (India) Ltd is https://www.nishthafin.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Nishtha Finance And Investment (India) Ltd has risen by 0.79%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Nishtha Finance And Investment (India) Ltd has experienced an upsurge of 1.52%.

  • The most recent Balance Sheet for Nishtha Finance And Investment (India) Ltd was filed with the ROC on 31 Mar 2019.

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