Nirahankara Commercials Private Limited
About Nirahankara Commercials Private Limited
Data last updated:
Nirahankara Commercials Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the retail trade segment of the home appliances and consumer durables sector. It was incorporated on 19 February 2013.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U52100MH2013PTC240585.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors Satish Ramanlal Parikh and Sanjeev Moreshwar Dandekar.
Its last annual general meeting (AGM) was held on 20 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 84 – A Mittal Court 8th Floor 224 Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2017, the company reported a revenue of ₹27,881, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹7,487 (net margin 26.9%) and EBITDA of ₹15,971 (EBITDA margin 57.3%).
Company details
Contact details
Nirahankara Commercials Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address84 – A Mittal Court 8th Floor 224 Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryHome Appliances, Retailers, Non Specialized Stores
To see the full contact details of Nirahankara Commercials Private Limited, buy the company report.
- 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
Financials of Nirahankara Commercials Private Limited
FY 2017 filings availableNirahankara Commercials Private Limited reported revenue of ₹27,881 (down 16% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 16% in the latest year. EBITDA rose 230% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹27,881 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹15,971 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹7,487 | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 57.3% | ||
| Net Profit Margin | 26.9% | ||
| 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 | |||
To see the full financial statements and ratios of Nirahankara Commercials Private Limited, buy the company report.
Board of directors of Nirahankara Commercials Private Limited
Nirahankara Commercials has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Ramanlal Parikh | Director | 30 Mar 2013 | 13 Years 6 Months | As last reported |
| Sanjeev Moreshwar Dandekar Also directs: Adisesh Enterprises LLP, Bhuvanesh Enterprises LLP, Chhatrabhuj Enterprises LLP and 5 more | Director | 30 Mar 2013 | 13 Years 6 Months | As last reported |
Auditor
Nirahankara Commercials Private Limited is audited by PRITI V. MEHTA & COMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRITI V. MEHTA & COMPANY | FY 2017 | 129568W |
Shareholding
The shareholding of Nirahankara Commercials Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Nirahankara Commercials Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nirahankara Commercials Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nirahankara Commercials Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Nirahankara Commercials Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Nirahankara Commercials Private Limited has 6 board changes on record since 2013: 2 appointments and 4 cessations. The latest: Sanjeev Moreshwar Dandekar ceased to be Additional Director on 23 Sep 2013.
Frequently asked questions
Nirahankara Commercials has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Nirahankara Commercials was a private limited company based in Mumbai, Maharashtra, India. The company worked in retailers, within the home appliances industry. It was incorporated on 19 February 2013 and is registered under CIN U52100MH2013PTC240585. The company has been struck off by the Registrar of Companies and is no longer operational.
Nirahankara Commercials had 2 directors:
- Satish Ramanlal Parikh - Director
- Sanjeev Moreshwar Dandekar - Director
The CIN (Corporate Identification Number) of Nirahankara Commercials is U52100MH2013PTC240585. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Nirahankara Commercials is at 84 – A Mittal Court 8th Floor 224 Nariman Point, Mumbai, Maharashtra, India – 400021.
Nirahankara Commercials was incorporated on 19 February 2013. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Nirahankara Commercials on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 20 September 2017. Year-wise statements from 2015 are in the company report.
Nirahankara Commercials operated in the home appliances industry, in the retailers segment. It worked in this industry before it was struck off.
Sanjeev Moreshwar Dandekar ceased to be Additional Director on 23 Sep 2013. Satish Ramanlal Parikh ceased to be Additional Director on 23 Sep 2013. Deepak Rameshchandra Meswani ceased to be Director on 27 Apr 2013. Nirahankara Commercials has 6 board changes on record in total.
Nirahankara Commercials can be reached at its registered office: 84 – A Mittal Court 8th Floor 224 Nariman Point, Mumbai, Maharashtra, India – 400021.