Nitin Engineering Works (India) Private Limited

Provides engineering services for industrial manufacturing projects since 2011.

2011 | Dewas, Madhya Pradesh (India) | Active
Last Updated:

Nitin Engineering Works (India) Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 7.46 M
  • Company Age 14 Year, 25 Days
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 3.37 Cr
  • Revenue Growth -24.96%
  • Profit Growth -3244.62%
  • Ebitda -83.95%
  • Net Worth -63.92%
  • Total Assets -12.44%

About Nitin Engineering Works (India)

Nitin Engineering Works (India) Private Limited (NEWIPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 March 2011 and has a history of 14 years. Its registered office is in Dewas, Madhya Pradesh, India.

The Company is engaged in the Engineering 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 7.50 M and a paid-up capital of Rs 7.46 M.

The company has closed loans amounting to ₹3.37 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Chandrakanta Panchal and Vinay Panchal serve as directors at the Company.

Company Details

  • Location

    Dewas, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29220MP2011PTC025498

  • Company No.

    025498

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Mar 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Engineering

Who are the key members and board of directors at Nitin Engineering Works (India)?

Board Members (2)

NameDesignationAppointment DateStatus
Chandrakanta Panchal Country flag representing In Director 04-Mar-2011Current
Vinay Panchal Country flag representing In Director 15-Apr-2011Current

Financial Performance of Nitin Engineering Works (India).

Nitin Engineering Works (India) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 24.96% decrease. The company also saw a substantial fall in profitability, with a 3244.62% decrease in profit. The company's net worth observed a substantial decline by a decrease of 63.92%.

Nitin Engineering Works (India) revenue growth over time
Nitin Engineering Works (India) 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
-24.96%
Revenue from Operations
-27.60%
Total Assets
-12.44%
Profit or Loss
-3244.62%
Net Worth
-63.92%
EBITDA
-83.95%

What is the Ownership and Shareholding Structure of Nitin Engineering Works (India)?

In 2023, Nitin Engineering Works (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹33.69 M

Charges Breakdown by Lending Institutions

  • Bank Of India : 2.41 Cr
  • Small Industries Development Bank Of India (Sidbi) : 0.72 Cr
  • Bank Of Maharashtra : 0.24 Cr

Latest Charge Details

DateLenderAmountStatus
04 Jul 2017Bank Of India₹2.41 CrSatisfied
30 Oct 2013Bank Of Maharashtra₹2.40 MSatisfied
27 Dec 2012Small Industries Development Bank Of India (Sidbi)₹5.00 MSatisfied
07 Apr 2011Small Industries Development Bank Of India (Sidbi)₹2.19 MSatisfied

How Many Employees Work at Nitin Engineering Works (India)?

Nitin Engineering Works (India) has a workforce of 44 employees as of Apr 06, 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.

Employee growth trends for Nitin Engineering Works (India) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nitin Engineering Works (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 Nitin Engineering Works (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 Nitin Engineering Works (India)

Recent activity within the organization

  • Annual General Meeting

    Nitin Engineering Works (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 04 Jul 2017 via Charge ID 100111510 with Bank Of India was fully satisfied on 17 May 2024.

  • Balance Sheet

    Nitin Engineering Works (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.

  • Charges

    A charge with Bank Of India of Rs. 24.10 M registered on 04 Jul 2017 with Charge ID 100111510 was modified on 27 Jul 2020.

  • Charges

    A charge registered on 30 Oct 2013 via Charge ID 10460303 with Bank Of Maharashtra was fully satisfied on 16 Jan 2020.

  • Charges

    A charge with Bank Of India amounted to Rs. 24.10 M with Charge ID 100111510 was registered on 04 Jul 2017.

Frequently asked questions

  • What is the Incorporation or founding date of Nitin Engineering Works (India) Private Limited?

    Nitin Engineering Works (India) Private Limited was incorporated on 04 Mar 2011.

  • What is authorized share capital and paid-up capital of Nitin Engineering Works (India) Private Limited?

    The authorized share capital of Nitin Engineering Works (India) Private Limited is ₹ 7.50 M and paid-up capital is ₹ 7.46 M.

  • Who are the current board members & directors of Nitin Engineering Works (India) Private Limited?

    Currently 2 directors are associated with Nitin Engineering Works (India) Private Limited.

    • Chandrakanta Panchal
    • Vinay Panchal
  • What is the registered address of Nitin Engineering Works (India) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Nitin Engineering Works (India) Private Limited is 54, Alkapuri India, Dewas, Madhya Pradesh, 455001.

  • What is the corporate identification number (CIN) and company number of Nitin Engineering Works (India) Private Limited?

    The corporate identification number (CIN) of Nitin Engineering Works (India) Private Limited is U29220MP2011PTC025498 and the company number is 025498 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Nitin Engineering Works (India) Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Nitin Engineering Works (India) Private Limited has fallen by -24.96%.

  • How many employees does Nitin Engineering Works (India) Private Limited currently have?

    As Per 2023 financial reports, 44 employees are currently employed by Nitin Engineering Works (India) Private Limited.

  • What change has been observed in the net worth of Nitin Engineering Works (India) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Nitin Engineering Works (India) Private Limited has experienced an downturn of -63.92%.

  • When was the last Balance Sheet of Nitin Engineering Works (India) Private Limited filed with the ROC?

    The most recent Balance Sheet for Nitin Engineering Works (India) Private Limited was filed with the ROC on 31 Mar 2024.

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