Nitco Logistics Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
as on 12-12-2024
- Paid Up Capital ₹ 3.98 Cr
as on 12-12-2024
- Company Age 60 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 85.45 Cr
as on 12-12-2024
- Satisfied Charges ₹ 14.29 Cr
as on 12-12-2024
- Revenue 439.83%
(FY 2022)
- Profit 22.29%
(FY 2022)
- Ebitda 19.98%
(FY 2022)
- Net Worth 9.07%
(FY 2022)
- Total Assets 10.95%
(FY 2022)
About Nitco Logistics
The Corporate was formerly known as Nitco Roadways Private Limited. The Company is engaged in the Transport And Logistics 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 5.00 Cr and a paid-up capital of Rs 3.98 Cr.
The company currently has active open charges totaling ₹85.45 Cr. The company has closed loans amounting to ₹14.29 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vijay Kochhar, Darshan Handa, Vineet Kochhar, and Seven other members serve as directors at the Company.
- CIN/LLPIN
U60231JK1964PTC000288
- Company No.
000288
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Jul 1964
- Date of AGM
06 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Jammu
Industry
Company Details
- Location
Jammu, Jammu & Kashmir, India
- Telephone
- Email Address
- Website
- Social Media
- Apps
What products or services does Nitco Logistics Private Limited offer?
Nitco Logistics Private Limited offers a wide range of products and services, including Logistics Service, Automobile Interiors & Accessories, Automotive Accessories, Forwarding & Custom Clearing, Cargo Transportation Services, Commercial Vehicles & Three Wheelers, Trucks, Transport Agents & Bulk Carriers, Express Cargo Services, Travel Service.
Who are the key members and board of directors at Nitco Logistics?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vijay Kochhar  | Managing Director | 24-Oct-1967 | Current |
Board Members(9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Darshan Handa | Director | 20-Nov-2010 | Current |
| Vineet Kochhar | Director | 19-Mar-2019 | Current |
| Amrit Kochhar | Whole-Time Director | 19-Mar-2019 | Current |
| Manu Kochhar | Director | 21-Mar-2022 | Current |
| Suman Handa | Director | 21-Mar-2022 | Current |
| Reeta Kochhar | Director | 19-Sep-2023 | Current |
Financial Performance and Corporate Structure Insights of Nitco Logistics.
Nitco Logistics Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 439.83% increase. The company also saw a substantial improvement in profitability, with a 22.29% increase in profit. The company's net worth moved up by a moderate rise of 9.07%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Nitco Logistics?
In 2022, Nitco Logistics had a promoter holding of 6.34% and a public holding of 93.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sujata Hotel Private LimitedActive 51 years 7 monthsVijay Kochhar and Vinay Kochhar are mutual person
Shpl Realty Private LimitedActive 7 years 8 monthsVijay Kochhar and Vinay Kochhar are mutual person
- Everest Finance Private LimitedActive 62 years 11 months
Vijay Kochhar and Amrit Kochhar are mutual person
- P C Laboratories Private LimitedActive 52 years 6 months
Vijay Kochhar and Amrit Kochhar are mutual person
- Nishant Housing Industries Private LimitedActive 36 years 2 months
Vijay Kochhar and Amrit Kochhar are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 08 Aug 2024 | ₹2.18 Cr | Open |
Hdfc Bank Limited Creation Date: 09 Jul 2024 | ₹2.70 M | Open |
Hdfc Bank Limited Creation Date: 13 Jun 2024 | ₹2.33 M | Open |
How Many Employees Work at Nitco Logistics?
Nitco Logistics has a workforce of 1193 employees as of Apr 04, 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 Nitco Logistics, 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 Nitco Logistics'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.
