Nitiraj Engineers Profile
Key Indicators
- Authorised Capital ₹ 11.00 Cr
- Paid Up Capital ₹ 10.25 Cr
- Company Age 25 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 16.50 Cr
- Satisfied Charges ₹ 6.45 Cr
- Revenue Growth 15.77%
- Profit Growth 88.96%
- Ebitda 98.20%
- Net Worth -0.94%
- Total Assets 2.67%
About Nitiraj Engineers
Nitiraj Engineers Limited (NEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 April 1999 and has a history of 25 years and ten months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the National Stock Exchange(NSE) under the ticker symbol NITIRAJ.
The Corporate was formerly known as Nitiraj Engineers Private Limited. The Company is engaged in the Machinery And Equipment 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 11.00 Cr and a paid-up capital of Rs 10.25 Cr.
The company currently has active open charges totaling ₹16.50 Cr. The company has closed loans amounting to ₹6.45 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Nitiraj Engineers Limited India are Ashishkumar Sharma as CFO and Deepika Dalmiya as Company Secretary. Rajesh Bhatwal, Yi Sin, Shakuntala Bhatwal, and Five other members serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
L31909MH1999PLC119231
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Company No.
119231
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Stock Symbol
NSE : NITIRAJ
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
01 Apr 1999
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Date of AGM
24 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Listed
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ROC Code
Roc Mumbai
Industry
What products or services does Nitiraj Engineers Limited offer?
Nitiraj Engineers Limited offers a wide range of products and services, including Weighing Scales & Measuring Tapes, Personal Weighing Scale, Cranes, Forklift & Lifting Machines, Crane Spare Parts, Measuring Equipments & Instruments, Money Counter, Jewellery Making Tools & Machines, Jewellery Making Tools, Hanging Scales, Weighing Scale.
Who are the key members and board of directors at Nitiraj Engineers?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajesh Bhatwal
|
Managing Director | 27-Apr-1999 | Current |
| Ashishkumar Sharma | CFO | 21-Jun-2024 | Current |
| Deepika Dalmiya | Company Secretary | 16-Sep-2019 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Yi Sin
|
Whole-Time Director | 01-Jul-2003 | Current |
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Shakuntala Bhatwal
|
Whole-Time Director | 27-Apr-1999 | Current |
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Pradeep Shah
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Director | 13-Feb-2024 | Current |
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Deepam Shah
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Director | 06-Jan-2022 | Current |
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Pranit Bangad
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Director | 06-Jan-2022 | Current |
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Avinash Chandsarkar
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Director | 06-Jan-2022 | Current |
Financial Performance of Nitiraj Engineers.
Nitiraj Engineers Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.77% increase. The company also saw a substantial improvement in profitability, with a 88.96% increase in profit. The company's net worth dipped by a decrease of 0.94%.
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What is the Ownership and Shareholding Structure of Nitiraj Engineers?
In 2023, Nitiraj Engineers had a promoter holding of 69.07% and a public holding of 30.93%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹16.50 Cr
₹6.45 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 16.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Aug 2010 | Hdfc Bank Limited | ₹16.50 Cr | Open |
| 28 Apr 2000 | State Bank Of India | ₹1.45 Cr | Satisfied |
| 28 Apr 2000 | State Bank Of India | ₹5.00 Cr | Satisfied |
How Many Employees Work at Nitiraj Engineers?
Nitiraj Engineers has a workforce of 268 employees as of Apr 03, 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 Nitiraj Engineers, 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 Nitiraj Engineers'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.
