Nitin Engineering Works (India) Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
- Paid Up Capital ₹ 7.46 M
- Company Age 13 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- 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 13 years and 11 months. 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 2023. 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
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Location
Dewas, Madhya Pradesh, India
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Telephone
+91-XXXXXXXXXX
- Email Address
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Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U29220MP2011PTC025498
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Company No.
025498
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
04 Mar 2011
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Gwalior
Industry
Who are the key members and board of directors at Nitin Engineering Works (India)?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chandrakanta Panchal
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Director | 04-Mar-2011 | Current |
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Vinay Panchal
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Director | 15-Apr-2011 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Moloco Dairy Products Private LimitedVinay Panchal is a mutual person
Charges (Loans)
₹0
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Jul 2017 | Bank Of India | ₹2.41 Cr | Satisfied |
| 30 Oct 2013 | Bank Of Maharashtra | ₹2.40 M | Satisfied |
| 27 Dec 2012 | Small Industries Development Bank Of India (Sidbi) | ₹5.00 M | Satisfied |
| 07 Apr 2011 | Small Industries Development Bank Of India (Sidbi) | ₹2.19 M | Satisfied |
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.
Deals i
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
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
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