Nitin Constructions Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 5.50 M
- Company Age 36 Year, 4 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 four 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
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.
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
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
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 LlpPriyank 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)
₹7.10 Cr
₹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.
