Nitin Constructions Limited
Provides construction services for various government and private projects since 1988.
1988 | Ahmedabad, Gujarat (India) | Active
Nitin Constructions Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 5.50 M
- Company Age 36 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 7.10 Cr
- Satisfied Charges ₹ 15.15 Cr
- Revenue Growth -93.45%
- Profit Growth 78.23%
- Ebitda -137.15%
- Net Worth -2.93%
- Total Assets -9.62%
About Nitin Constructions
Nitin Constructions Limited (NCL) is a Public Limited Indian Non-Government Company incorporated in India on 10 October 1988 and has a history of 36 years and seven months. Its registered office is in Ahmedabad, Gujarat, India.
The Company is engaged in the Infrastructure And Utilities Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 5.50 M.
The company currently has active open charges totaling ₹7.10 Cr. The company has closed loans amounting to ₹15.15 Cr, as per Ministry of Corporate Affairs (MCA) records.
Priyank Patel, Kaushal Patel, and Nirjari Patel serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U99999GJ1988PLC011344
- Company No.
011344
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
10 Oct 1988
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Infrastructure and Utilities
What products or services does Nitin Constructions Limited offer?
Nitin Constructions Limited offers a wide range of products and services, including Building & Construction Machines, Asphalt Road Equipment.
Nitin Constructions Limited
Explore comprehensive data for Nitin Constructions Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Nitin Constructions?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Priyank Patel  | Director | 20-Aug-2022 | Current |
| Kaushal Patel | Director | 27-Oct-2012 | Current |
| Nirjari Patel | Director | 28-Mar-2018 | Current |
Financial Performance of Nitin Constructions.
Nitin Constructions Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 93.45% decrease. The company also saw a substantial improvement in profitability, with a 78.23% increase in profit. The company's net worth dipped by a decrease of 2.93%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Nitin Constructions?
In 2023, Nitin Constructions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Vishvambhar Fine Foods Llp
Priyank Patel is a mutual person
- Vishvambhar Realty Llp
Priyank Patel is a mutual person
- Vishvambhar Quarry Works Private Limited
Priyank Patel is a mutual person
- Vishvambhar Infrastructure Private Limited
Priyank Patel is a mutual person
- Karmik 9 Yards Private Limited
Nirjari Patel is a mutual person
Charges (Loans)
Open Charges
₹7.10 Cr
Satisfied Charges
₹15.15 Cr
Charges Breakdown by Lending Institutions
- The Madhavpura Mercantile Co- Op. Bank Ltd. : 1.70 Cr
- The Madhavpura Mar. Co- Op. Bank Ltd. : 1.50 Cr
- Bank Of Maharashtra : 1.00 Cr
- The Mashavpura Mercantile Co- Op. Bank Ltd. : 1.00 Cr
- The Kheralu Nagarik Shakari Bank Ltd. : 0.80 Cr
- Others : 1.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 May 2013 | Bank Of Maharashtra | ₹1.00 Cr | Open |
| 12 Jul 2000 | The Madhavpura Mercantile Co- Op. Bank Ltd. | ₹1.70 Cr | Open |
| 26 Mar 1999 | The Mashavpura Co- Op. Bank Ltd. | ₹6.00 M | Open |
| 04 Aug 1997 | The Vishnagar Nagrik Sahakari Bank Ltd. | ₹5.00 M | Open |
| 22 Dec 1996 | The Kheralu Nagarik Shakari Bank Ltd. | ₹8.00 M | Open |
How Many Employees Work at Nitin Constructions?
Unlock and access historical data on people associated with Nitin Constructions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Nitin Constructions, 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 Nitin Constructions'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 Nitin Constructions
Recent activity within the organization
- Annual General Meeting
Nitin Constructions Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Nitin Constructions Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
- Director Appointment
Priyank Hasmukhbhai Patel was appointed as a Director was appointed as a Director on 20 Aug 2022 & has been associated with this company since 2 years 8 months .
- Director Appointment
Nirjari Nitin Patel was appointed as a Director was appointed as a Director on 28 Mar 2018 & has been associated with this company since 7 years 1 month .
- Charges
A charge registered on 18 Aug 1997 via Charge ID 90315897 with Saraspur Nagarik Co- Op. Bank Ltd. was fully satisfied on 31 Jan 2017.
- Charges
A charge with Bank Of Maharashtra amounted to Rs. 1.00 Cr with Charge ID 10431302 was registered on 16 May 2013.
Frequently asked questions
What is the Incorporation or founding date of Nitin Constructions Limited?
Nitin Constructions Limited was incorporated on 10 Oct 1988.
What is authorized share capital and paid-up capital of Nitin Constructions Limited?
The authorized share capital of Nitin Constructions Limited is ₹ 1.00 Cr and paid-up capital is ₹ 5.50 M.
Who are the current board members & directors of Nitin Constructions Limited?
Currently 3 directors are associated with Nitin Constructions Limited.
- Priyank Hasmukhbhai Patel
- Kaushal Nitinbhai Patel
- Nirjari Nitin Patel
What is the registered address of Nitin Constructions Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Nitin Constructions Limited is 2Nd Floor Navneet Plaza Nr. Navrangpura Municipal Market C.G. R Oad, India, Ahmedabad, Gujarat, 380009.
What is the corporate identification number (CIN) and company number of Nitin Constructions Limited?
The corporate identification number (CIN) of Nitin Constructions Limited is U99999GJ1988PLC011344 and the company number is 011344 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Nitin Constructions Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Nitin Constructions Limited has fallen by -93.45%.
What change has been observed in the net worth of Nitin Constructions Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Nitin Constructions Limited has experienced an downturn of -2.93%.
What are the total open charges for Nitin Constructions Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Nitin Constructions Limited amount to ₹ 7.10 Cr.
When was the last Balance Sheet of Nitin Constructions Limited filed with the ROC?
The most recent Balance Sheet for Nitin Constructions Limited was filed with the ROC on 31 Mar 2023.
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