Nip Technologies Private Limited
About Nip Technologies Private Limited
Data last updated:
Nip Technologies Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the non-metallic mineral products segment of the plastics and polymers sector. It was incorporated on 03 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74210TN2005PTC056509. Its GSTIN is 33AACCN3623M1ZI (Tamil Nadu).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.5 Lakh. It is led by directors Samuel Raj and Darlingtonantony Spurgeon.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Door No.7/401 7th Block West Mogappair, Chennai, Tamil Nadu, India – 600037.
As per the financials filed for FY 2021, the company reported a revenue of ₹7.15 Lakh, a decline of 63% compared to the previous year. For the same year it recorded a net loss of ₹4,133 (net margin -0.6%) and EBITDA of -₹1,086 (EBITDA margin -0.2%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 17% over five years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressDoor No.7/401 7th Block West Mogappair, Chennai, Tamil Nadu, India – 600037
- IndustryPlastics, Non-Metallic Mineral Products, Fabricated Metal Products, Rubber Products, Plastic Products
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Nip Technologies Private Limited
The main business activity of Nip Technologies is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Nip Technologies Private Limited FY 2021 filings available
Nip Technologies Private Limited reported revenue of ₹7.15 Lakh (down 63% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Nip Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 63% fall in the latest year. EBITDA fell 341% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Nip Technologies Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1,086 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4,133 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Nip Technologies Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.6% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Nip Technologies are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Nip Technologies Private Limited
Nip Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Plastic products, non-metallic mineral products, rubber products, fabricated metal products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prime Valves India Limited | ₹7.31 Lakh (FY 2019) | •••• | •••• | -42.0% | •••• | Mumbai, Maharashtra, India |
| Rom Engineers Private Limited | ₹7.29 Lakh (FY 2025) | •••• | •••• | 111.0% | •••• | Delhi, India |
| Saurashtra Polybags Private Limited | ₹7.22 Lakh (FY 2020) | •••• | •••• | -88.0% | •••• | Rajkot, Gujarat, India |
| Smart Machineries and Moulds Private Limited | ₹7.18 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
| Aarya Stree Shakti Foundation | ₹7.18 Lakh (FY 2024) | •••• | •••• | 61.0% | •••• | Pune, Maharashtra, India |
| Nip Technologies Private Limited this company | ₹7.15 Lakh (FY 2021) | •••• | •••• | -63.0% | •••• | Chennai, Tamil Nadu, India |
| Scott Packagings Private Limited | ₹7.14 Lakh (FY 2025) | •••• | •••• | 14.0% | •••• | Gwalior, Madhya Pradesh, India |
| Akshai Multiplast Private Limited | ₹7.14 Lakh (FY 2025) | •••• | •••• | -70.0% | •••• | Palakkad, Kerala, India |
| Krishva Diam Private Limited | ₹7.13 Lakh (FY 2024) | •••• | •••• | -97.0% | •••• | Surat, Gujarat, India |
| Guru Fabricationsandinvestments Private Limited | ₹7.11 Lakh (FY 2025) | •••• | •••• | 13.0% | •••• | Bengaluru, Karnataka, India |
| Utilitronix Pvt Ltd | ₹7.08 Lakh (FY 2025) | •••• | •••• | 14.0% | •••• | Telangana, India |
Peers are the five companies nearest above and the five nearest below Nip Technologies by revenue in the same principal business activity (Plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Nip Technologies Private Limited
Nip Technologies Private Limited is audited by Parthasarathy and Co for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Parthasarathy and Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Nip Technologies Private Limited
Nip Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samuel Raj | Director | 17 May 2012 | 14 Years 5 Months | Current |
| Darlingtonantony Spurgeon | Director | 17 May 2012 | 14 Years 5 Months | Current |
Ownership and Shareholding of Nip Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Nip Technologies Private Limited
Nip Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Nip Technologies Private Limited
Employment history and EPFO contributions of people linked to Nip Technologies.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Nip Technologies Private Limited
Nip Technologies Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Chinnasamy Rajendran ceased to be Managing Director on 29 Jun 2012.
Credit Ratings, Litigation & Regulatory Alerts for Nip Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Nip Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Nip Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Nip Technologies Private Limited
Nip Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCN3623M1ZI | Tamil Nadu | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Nip Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Nip Technologies Private Limited
Nip Technologies is an active private limited company based in Chennai, Tamil Nadu, India. The company works in non-metallic mineral products, within the plastics industry. It was incorporated on 03 June 2005 (21+ years old) and is registered under CIN U74210TN2005PTC056509.
Nip Technologies reported revenue of ₹7.15 Lakh for FY 2021 (down 63% YoY).
Nip Technologies has 2 current directors:
- Samuel Raj - Director
- Darlingtonantony Spurgeon - Director
Nip Technologies reported a net loss of ₹4,133 (net margin -0.6%) and EBITDA of -₹1,086 (EBITDA margin -0.2%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nip Technologies is -3% over three years and -17% over five years. In the latest year (FY 2021) revenue fell 63%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nip Technologies is 33AACCN3623M1ZI, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Nip Technologies is U74210TN2005PTC056509. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nip Technologies was incorporated on 03 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Nip Technologies by revenue are Prime Valves India Limited, Rom Engineers Private Limited, Saurashtra Polybags Private Limited, Smart Machineries and Moulds Private Limited, Aarya Stree Shakti Foundation and 5 more, all in the same principal business activity (Plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Chinnasamy Rajendran ceased to be Managing Director on 29 Jun 2012. Rajendran Chitra ceased to be Director on 29 Jun 2012. Rajendran Pramod Kumar ceased to be Managing Director on 29 Jun 2012. Nip Technologies has 5 board changes on record in total.
The registered office of Nip Technologies is at Door No.7401 7th Block West Mogappair, Chennai, Tamil Nadu, India – 600037.