Nitcon Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 2.35 M
- Company Age 41 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 15.00 Cr
- Satisfied Charges ₹ 2.13 Cr
- Revenue Growth 217.41%
- Profit Growth 271.33%
- Ebitda 852.59%
- Net Worth 36.09%
- Total Assets 115.72%
About Nitcon
Nitcon Limited (NL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 March 1984 and has a history of 41 years and one month. Its registered office is in Chandigarh, India.
The Corporate was formerly known as North India Technical Consultancy Organisation Limited. The Company is engaged in the Business Outsourcing 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 Cr and a paid-up capital of Rs 2.35 M.
The company currently has active open charges totaling ₹15.00 Cr. The company has closed loans amounting to ₹2.13 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sanjay Ahuja, Alok Perti, Balbir Singh, and Four other members serve as directors at the Company.
Company Details
- Location
Chandigarh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74140CH1984PLC005796
- Company No.
005796
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
28 Mar 1984
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Business Outsourcing
Nitcon Limited
Explore comprehensive data for Nitcon Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Nitcon?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Satvinder Singh  | Managing Director | 24-Feb-2020 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sanjay Ahuja | Nominee Director | 26-Jun-2020 | Current |
| Alok Perti | Nominee Director | 04-Jul-2019 | Current |
| Balbir Singh | Nominee Director | 07-Jan-2022 | Current |
| Rakesh Ghole | Nominee Director | 23-May-2022 | Current |
| Davinder Singh | Nominee Director | 26-Sep-2023 | Current |
| Sanjeev Singh | Nominee Director | 08-May-2024 | Current |
Financial Performance of Nitcon.
Nitcon Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 217.41% increase. The company also saw a substantial improvement in profitability, with a 271.33% increase in profit. The company's net worth Soared by an impressive increase of 36.09%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Nitcon?
In 2024, Nitcon had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Nitcon Social FoundationAlok Perti, Rakesh Ghole and 1 more are mutual person
Himachal Consultancy Organisation LtdBalbir Singh is a mutual person
Capital Small Finance Bank LimitedBalbir Singh is a mutual person
Indian Acrylics LimitedSanjay Ahuja is a mutual person
Eqaro Surety Private LimitedAlok Perti is a mutual person
Cepham Milk Specialities LimitedSanjay Ahuja is a mutual person
Charges (Loans)
Open Charges
₹15.00 Cr
Satisfied Charges
₹2.13 Cr
Charges Breakdown by Lending Institutions
- Others : 15.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Jan 2024 | Others | ₹15.00 Cr | Open |
| 14 Feb 2024 | Others | ₹2.00 Cr | Satisfied |
| 27 Feb 1997 | Panjab Natioal Bank | ₹0.25 M | Satisfied |
| 27 Feb 1997 | Panjab Natioal Bank | ₹1.00 M | Satisfied |
How Many Employees Work at Nitcon?
Nitcon has a workforce of 474 employees as of Apr 02, 2025. 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 Nitcon, 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 Nitcon'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 Nitcon
Recent activity within the organization
- Charges
A charge with Others of Rs. 15.00 Cr registered on 05 Jan 2024 with Charge ID 100858405 was modified on 28 Feb 2025.
- Charges
A charge registered on 14 Feb 2024 via Charge ID 100862058 with Others was fully satisfied on 19 Dec 2024.
- Annual General Meeting
Nitcon Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Director Appointment
Sanjeev Singh was appointed as a Nominee Director was appointed as a Nominee Director on 08 May 2024 & has been associated with this company since 1 year 6 days .
- Balance Sheet
Nitcon Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100862058 was registered on 14 Feb 2024.
Frequently asked questions
What is the Incorporation or founding date of Nitcon Limited?
Nitcon Limited was incorporated on 28 Mar 1984.
What is authorized share capital and paid-up capital of Nitcon Limited?
The authorized share capital of Nitcon Limited is ₹ 1.00 Cr and paid-up capital is ₹ 2.35 M.
Who are the current board members & directors of Nitcon Limited?
Currently 7 directors are associated with Nitcon Limited.
- Sanjay Krishna Ahuja
- Alok Perti
- Balbir Singh
- Rakesh Vishnu Ghole
- Satvinder Singh
- Davinder Pal Singh
- Sanjeev Singh
What is the registered address of Nitcon Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Nitcon Limited is 2Nd Floor Unit No. E2F Godrej Eternia Industrial Area Phase-1, India, Chandigarh, 160002.
What is the corporate identification number (CIN) and company number of Nitcon Limited?
The corporate identification number (CIN) of Nitcon Limited is U74140CH1984PLC005796 and the company number is 005796 as per Ministry of Corporate Affairs (MCA).
What is the official website of Nitcon Limited?
The Official website of Nitcon Limited is https://www.nitcon.org
What has been the recent revenue trend for Nitcon Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Nitcon Limited has risen by 217.41%.
How many employees does Nitcon Limited currently have?
As Per 2024 financial reports, 474 employees are currently employed by Nitcon Limited.
What change has been observed in the net worth of Nitcon Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Nitcon Limited has experienced an upsurge of 36.09%.
What are the total open charges for Nitcon Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Nitcon Limited amount to ₹ 15.00 Cr.
When was the last Balance Sheet of Nitcon Limited filed with the ROC?
The most recent Balance Sheet for Nitcon Limited was filed with the ROC on 31 Mar 2024.
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