Nirmit Exports Private Limited
About Nirmit Exports Private Limited
Data last updated:
Nirmit Exports Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Shanghvi Finance Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 23 September 1994.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1994PTC081402.
The company had an authorised share capital of ₹85 Lakh and a paid-up capital of ₹39 Lakh. It was led by directors Suresh Kumar Ajmera and Kamlesh Hiralal Shah.
Its last annual general meeting (AGM) was held on 27 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at F P 145 Ram Mandir Road Vile Parle East, Mumbai, Maharashtra, India – 400057.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.08 Lakh, a decline of 86% compared to the previous year. For the same year it recorded a net profit of ₹79.91 Lakh and EBITDA of ₹80.26 Lakh.
Court records list 2 cases involving the company, including 2 filed against it.
Company details
Contact details
Nirmit Exports Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressF P 145 Ram Mandir Road Vile Parle East, Mumbai, Maharashtra, India – 400057
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Nirmit Exports 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 Nirmit Exports is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Nirmit Exports Private Limited, buy the company report.
Financials of Nirmit Exports Private Limited
FY 2017 filings availableNirmit Exports Private Limited reported revenue of ₹1.08 Lakh (down 86% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 86% 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 | ₹1.08 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹80.26 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹79.91 Lakh | ||
| 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 | |||
| Net Profit Margin | |||
| 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 Nirmit Exports Private Limited, buy the company report.
Board of directors of Nirmit Exports Private Limited
Nirmit Exports has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Kumar Ajmera Also directs: Silverspot Trading LLP, Venerate Properties Private Limited | Director | 28 Mar 2014 | 12 Years 7 Months | As last reported |
| Kamlesh Hiralal Shah | Director | 29 Jun 2007 | 19 Years 4 Months | As last reported |
Peer comparison
Nirmit Exports Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Romag Chit Fund Private Limited | ₹1.08 Lakh (FY 2021) | -61.0% | Faridabad, Haryana, India | |||
| Bhagwandas Vypar Udyog Ltd | ₹1.08 Lakh (FY 2021) | -77.0% | Kolkata, West Bengal, India | |||
| Nirmit Exports Private Limitedthis company | ₹1.08 Lakh (FY 2017) | ₹79.91 Lakh | -86.0% | Mumbai, Maharashtra, India | ||
| Sai Mudra Finance Private Limited. | ₹1.07 Lakh (FY 2020) | -84.0% | Ponda, Goa, India |
To see the full peer comparison of Nirmit Exports Private Limited, buy the company report.
Auditor
Nirmit Exports Private Limited is audited by VALIA & TIMBADIA for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VALIA & TIMBADIA | FY 2017 | 112241W |
Shareholding
The shareholding of Nirmit Exports 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 Nirmit Exports Private Limited, buy the company report.
Legal cases
Nirmit Exports Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income Tax-8, Mumbai | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income-Tax-8,Mum | Disposed |
To see the full case history of Nirmit Exports 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 Nirmit Exports Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Nirmit Exports has 2 associated companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Nirmit Exports Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Nirmit Exports Private Limited has 4 board changes on record since 2007: 2 appointments and 2 cessations. The latest: Suresh Kumar Ajmera ceased to be Additional Director on 30 Sep 2014.
Frequently asked questions
Nirmit Exports has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Nirmit Exports was a private limited company based in Mumbai, Maharashtra, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 23 September 1994 and is registered under CIN U51900MH1994PTC081402. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Nirmit Exports was incorporated on 23 September 1994. It is registered with the Registrar of Companies, Mumbai.
Nirmit Exports had 2 directors:
- Suresh Kumar Ajmera - Director
- Kamlesh Hiralal Shah - Director
The CIN (Corporate Identification Number) of Nirmit Exports is U51900MH1994PTC081402. 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 Nirmit Exports is at F P 145 Ram Mandir Road Vile Parle East, Mumbai, Maharashtra, India – 400057.
The latest financial statements of Nirmit Exports on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 27 September 2017. Year-wise statements from 2015 are in the company report.
Nirmit Exports operated in the financial services industry, in the diversified financial services segment.
The peers of Nirmit Exports by revenue are Romag Chit Fund Private Limited, Bhagwandas Vypar Udyog Ltd, Sai Mudra Finance Private Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Nirmit Exports has 2 court cases on record: 2 filed against it.
Suresh Kumar Ajmera ceased to be Additional Director on 30 Sep 2014. Nilesh Mahendra Gandhi ceased to be Director on 28 Mar 2014. Suresh Kumar Ajmera was appointed as Director on 28 Mar 2014. Nirmit Exports has 4 board changes on record in total.
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