Nuance Group Fashion & Luxury Duty Free Private Limited

Retailer of fashion, luxury, lifestyle, and food and beverage products in duty free zone.

2013 | Bangaluru, Karnataka (India) | Active
Last Updated: December 27, 2024

Nuance Group Fashion & Luxury Duty Free Profile

Key Indicators

  • Authorised Capital ₹ 175.00 Cr
  • Paid Up Capital ₹ 142.51 Cr
  • Company Age 11 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 36.00 Cr
  • Revenue Growth -91.38%
  • Profit Growth -104.08%
  • Ebitda -48.13%
  • Net Worth -0.28%
  • Total Assets -0.42%

About Nuance Group Fashion & Luxury Duty Free

Nuance Group Fashion & Luxury Duty Free Private Limited (NGFLDFPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 September 2013 and has a history of 11 years and five months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Consumer Services 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 175.00 Cr and a paid-up capital of Rs 142.51 Cr.

The company has closed loans amounting to ₹36.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Nuance Group Fashion & Luxury Duty Free Private Limited India is Ritu Rathi as COMPANY SECRETARY. Vivek Jhunjhunwala and Kavanal Ranjithkumar serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    thenuancegroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U52209KA2013PTC070910

  • Company No.

    070910

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Sep 2013

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Services

Who are the key members and board of directors at Nuance Group Fashion & Luxury Duty Free?

Executive Team (1)

NameDesignationAppointment DateStatus
Ritu Rathi Company Secretary28-Sep-2024Current

Board Members (2)

NameDesignationAppointment DateStatus
Vivek Jhunjhunwala Country flag representing In Nominee Director 24-Jun-2021Current
Kavanal Ranjithkumar Country flag representing In Director 09-Jan-2015Current

Financial Performance of Nuance Group Fashion & Luxury Duty Free.

Nuance Group Fashion & Luxury Duty Free Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 91.38% decrease. The company also saw a substantial fall in profitability, with a 104.08% decrease in profit. The company's net worth dipped by a decrease of 0.28%.

Graph illustrating revenue growth over time
Graph showing 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
-91.38%
Revenue from Operations
Total Assets
-0.42%
Profit or Loss
-104.08%
Net Worth
-0.28%
EBITDA
-48.13%

What is the Ownership and Shareholding Structure of Nuance Group Fashion & Luxury Duty Free?

In 2021, Nuance Group Fashion & Luxury Duty Free 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

₹36.00 Cr

Charges Breakdown by Lending Institutions

  • Kotak Mahindra Bank Limited : 20.00 Cr
  • Ing Vysya Bank Limited : 16.00 Cr

Latest Charge Details

DateLenderAmountStatus
09 Apr 2014Kotak Mahindra Bank Limited₹20.00 CrSatisfied
12 Dec 2013Ing Vysya Bank Limited₹16.00 CrSatisfied

How Many Employees Work at Nuance Group Fashion & Luxury Duty Free?

Nuance Group Fashion & Luxury Duty Free has a workforce of 2 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nuance Group Fashion & Luxury Duty Free, 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 Nuance Group Fashion & Luxury Duty Free'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 Nuance Group Fashion & Luxury Duty Free

Recent activity within the organization

  • Annual General Meeting

    Nuance Group Fashion & Luxury Duty Free Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Ritu Rathi was appointed as a Company Secretary was appointed as a Company Secretary on 28 Sep 2024 & has been associated with this company since 4 months 27 days .

    28 Sep 2024

  • Balance Sheet

    Nuance Group Fashion & Luxury Duty Free Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Vivek Jhunjhunwala was appointed as a Nominee Director was appointed as a Nominee Director on 24 Jun 2021 & has been associated with this company since 3 years 8 months .

    24 Jun 2021

  • Charges

    A charge registered on 09 Apr 2014 via Charge ID 10519417 with Kotak Mahindra Bank Limited was fully satisfied on 19 Jan 2017.

    19 Jan 2017

  • Charges

    A charge with Kotak Mahindra Bank Limited of Rs. 20.00 Cr registered on 09 Apr 2014 with Charge ID 10519417 was modified on 24 Jun 2015.

    24 Jun 2015

Recent News, Updates & Announcement

Frequently asked questions

  • Nuance Group Fashion & Luxury Duty Free Private Limited was incorporated on 06 Sep 2013.

  • The authorized share capital of Nuance Group Fashion & Luxury Duty Free Private Limited is ₹ 175.00 Cr and paid-up capital is ₹ 142.51 Cr.

  • Currently 3 directors are associated with Nuance Group Fashion & Luxury Duty Free Private Limited.

    • Vivek Jhunjhunwala
    • Ritu Rathi
    • Kavanal Balasundaram Ranjithkumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nuance Group Fashion & Luxury Duty Free Private Limited is Property No. 49, Maranayakanahalli Village Jala Hobli India, Bangalore North, Karnataka, 562157.

  • The corporate identification number (CIN) of Nuance Group Fashion & Luxury Duty Free Private Limited is U52209KA2013PTC070910 and the company number is 070910 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nuance Group Fashion & Luxury Duty Free Private Limited is https://www.thenuancegroup.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Nuance Group Fashion & Luxury Duty Free Private Limited has fallen by -91.38%.

  • As Per 2022 financial reports, 2 employees are currently employed by Nuance Group Fashion & Luxury Duty Free Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Nuance Group Fashion & Luxury Duty Free Private Limited has experienced an downturn of -0.28%.

  • The most recent Balance Sheet for Nuance Group Fashion & Luxury Duty Free Private Limited was filed with the ROC on 31 Mar 2024.

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