Nirguna Trading Private Limited
About Nirguna Trading Private Limited
Data last updated:
Nirguna Trading Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 07 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2019PTC108044. Its GSTIN is 24AAGCN5235R1ZZ (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Rambabu Joshi and Deepak Kumar.
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Surat, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹468.59 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net profit of ₹16.5 Lakh (net margin 0%) and EBITDA of ₹2.2 Cr (EBITDA margin 0.5%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 31% over five years.
Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
Company details
Contact details
Nirguna Trading Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH.No. – 5/924 To 27 Office No.311 Shri Hari Complex Opp Saryu Chambers Jadda Khadi Mahidhar, Pura, Surat, Gujarat, India – 395003
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Nirguna Trading 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
Business activity
The main business activity of Nirguna Trading is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Nirguna Trading Private Limited, buy the company report.
Financials of Nirguna Trading Private Limited
FY 2024 filings availableNirguna Trading Private Limited reported revenue of ₹468.59 Cr (down 39% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 39% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 31%. EBITDA rose 690% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.2 Cr | ||||
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| Net Profit (PAT) | ₹16.5 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 0.5% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of Nirguna Trading Private Limited, buy the company report.
Board of directors of Nirguna Trading Private Limited
Nirguna Trading has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rambabu Joshi | Director | 07 May 2019 | 7 Years 5 Months | Current |
| Deepak Kumar | Director | 07 May 2019 | 7 Years 5 Months | Current |
Peer comparison
Nirguna Trading Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lalji Sarraf Private Limited | ₹482.49 Cr (FY 2024) | 56.0% | Lucknow, Uttar Pradesh, India | |||
| Meralda Jewels Private Limited | ₹478.89 Cr (FY 2025) | 65.0% | Kozhikode, Kerala, India | |||
| Anvi Metcorp Private Limited | ₹478.74 Cr (FY 2023) | 159.0% | Mumbai, Maharashtra, India | |||
| Nirguna Trading Private Limitedthis company | ₹468.59 Cr (FY 2025) | ₹16.5 Lakh | 0% | -39.0% | Surat, Gujarat, India | |
| Sohan Bullion Private Limited | ₹465.11 Cr (FY 2025) | 81.0% | Kolkata, West Bengal, India | |||
| Agarwal Diam Expo Private Limited | ₹462.79 Cr (FY 2024) | -14.0% | Mumbai, Maharashtra, India | |||
| Apteshtha Trading Private Limited | ₹462 Cr (FY 2016) | -63.0% | Thane, Maharashtra, India |
To see the full peer comparison of Nirguna Trading Private Limited, buy the company report.
Auditor
Nirguna Trading Private Limited is audited by SHARMA SURENDRA K & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHARMA SURENDRA K & CO | FY 2023 | 0141354W |
Shareholding
The shareholding of Nirguna Trading Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Nirguna Trading Private Limited, buy the company report.
Legal cases
Nirguna Trading Private Limited has 2 court cases on record: 2 filed by Nirguna Trading. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against M/S Axis Bank Limited and 1 other | Disposed |
| High Court of Kerala | Writ petition | Filed by the company against Yes Bank | Pending |
To see the full case history of Nirguna Trading Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nirguna Trading Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nirguna Trading has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCN5235R1ZZ | Gujarat | Active | 05 Jun 2019 |
To see the full GST registrations and return filing status of Nirguna Trading Private Limited, buy the company report.
Recent activity
Nirguna Trading Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Deepak Kumar was appointed as Director on 07 May 2019.
Frequently asked questions
Nirguna Trading is an active private limited company based in Surat, Gujarat, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 07 May 2019 (7+ years old) and is registered under CIN U51909GJ2019PTC108044.
Nirguna Trading has 2 current directors:
- Rambabu Joshi - Director
- Deepak Kumar - Director
The latest financial statements of Nirguna Trading on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Nirguna Trading is 24AAGCN5235R1ZZ, registered in Gujarat.
The CIN (Corporate Identification Number) of Nirguna Trading is U51909GJ2019PTC108044. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nirguna Trading has 2 court cases on record: 2 filed by the company. 1 is pending.
Nirguna Trading was incorporated on 07 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Nirguna Trading by revenue are Lalji Sarraf Private Limited, Meralda Jewels Private Limited, Anvi Metcorp Private Limited, Sohan Bullion Private Limited, Agarwal Diam Expo Private Limited and 1 more, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading).
Deepak Kumar was appointed as Director on 07 May 2019. Rambabu Joshi was appointed as Director on 07 May 2019.
The registered office of Nirguna Trading is at H.No. – 5924 To 27 Office No.311 Shri Hari Complex Opp Saryu Chambers Jadda Khadi Mahidhar, Pura, Surat, Gujarat, India – 395003.
Nirguna Trading operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.