Nitiman Trading Private Limited
About Nitiman Trading Private Limited
Data last updated:
Nitiman Trading Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 23 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U52609GJ2019PTC110465. Its GSTIN is 24AAGCN7244J1ZA (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Manojkumar Ravjibhai Patel and Miteshkumar Patel.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.23 Cr, a decline of 79% compared to the previous year. For the same year it recorded a net profit of ₹52,950 (net margin 0.1%) and EBITDA of ₹16.85 Lakh (EBITDA margin 1.6%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years and 4% over five years.
Company details
Contact details
Nitiman Trading Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address206 Apolo Arcade Nr. Nirman Tower, Rc Technical Road Ghatlodia, Ahmedabad, Gujarat, India – 380061
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of Nitiman 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 Nitiman 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 Nitiman Trading Private Limited, buy the company report.
Financials of Nitiman Trading Private Limited
FY 2024 filings availableNitiman Trading Private Limited reported revenue of ₹10.23 Cr (down 79% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 79% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 13% 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 |
|---|---|---|---|---|---|
| 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 | ₹16.85 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹52,950 | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.6% | ||||
| Net Profit Margin | 0.1% | ||||
| 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 Nitiman Trading Private Limited, buy the company report.
Board of directors of Nitiman Trading Private Limited
Nitiman Trading 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 |
|---|---|---|---|---|
| Manojkumar Ravjibhai Patel | Director | 23 Oct 2019 | 7 Years 0 Months | Current |
| Miteshkumar Patel | Director | 01 Mar 2023 | 3 Years 8 Months | Current |
Peer comparison
Nitiman Trading Private Limited is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Materials 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 |
|---|---|---|---|---|---|---|
| Amit Glass Private Limited | ₹10.31 Cr (FY 2024) | 5.0% | Jaipur, Rajasthan, India | |||
| Hetamsaria Projects Private Limited | ₹10.27 Cr (FY 2025) | 2.0% | Ranchi, Jharkhand, India | |||
| Flovol Technologies Private Limited | ₹10.23 Cr (FY 2025) | 99.0% | Delhi, India | |||
| Nitiman Trading Private Limitedthis company | ₹10.23 Cr (FY 2025) | ₹52,950 | 0.1% | -79.0% | Ahmedabad, Gujarat, India | |
| Unicorp International Private Limited | ₹10.22 Cr (FY 2022) | 142.0% | Bally, West Bengal, India | |||
| Ashapura Fuels Private Limited | ₹10.17 Cr (FY 2025) | 140.0% | Surat, Gujarat, India | |||
| United Tas Exim Private Limited | ₹10.11 Cr (FY 2020) | -34.0% | Tuticorin, Tamil Nadu, India |
To see the full peer comparison of Nitiman Trading Private Limited, buy the company report.
Auditor
Nitiman Trading Private Limited is audited by Narendra Soni and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Narendra Soni and Associates | FY 2023 | 127663 |
Shareholding
The shareholding of Nitiman Trading Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Nitiman Trading Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nitiman Trading 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 Nitiman Trading Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nitiman Trading has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCN7244J1ZA | Gujarat | Active | 27 Nov 2019 |
To see the full GST registrations and return filing status of Nitiman Trading Private Limited, buy the company report.
Recent activity
Nitiman Trading Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Miteshkumar Patel ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Nitiman Trading is an active private limited company based in Ahmedabad, Gujarat, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 23 October 2019 (7+ years old) and is registered under CIN U52609GJ2019PTC110465.
Nitiman Trading has 2 current directors:
- Manojkumar Ravjibhai Patel - Director
- Miteshkumar Patel - Director
The latest financial statements of Nitiman Trading on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Nitiman Trading is 24AAGCN7244J1ZA, registered in Gujarat.
The CIN (Corporate Identification Number) of Nitiman Trading is U52609GJ2019PTC110465. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nitiman Trading was incorporated on 23 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Nitiman Trading by revenue are Amit Glass Private Limited, Hetamsaria Projects Private Limited, Flovol Technologies Private Limited, Unicorp International Private Limited, Ashapura Fuels Private Limited and 1 more, all in the Metals and Minerals industry (Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Miteshkumar Patel ceased to be Additional Director on 29 Sep 2023. Miteshkumar Patel was appointed as Director on 01 Mar 2023. Nitin Chandrakant Patel ceased to be Director on 01 Mar 2023. Nitiman Trading has 4 board changes on record in total.
The registered office of Nitiman Trading is at 206 Apolo Arcade Nr. Nirman Tower, Rc Technical Road Ghatlodia, Ahmedabad, Gujarat, India – 380061.
Nitiman Trading operates in the metals and minerals industry, in the materials retail and distribution segment.
Nitiman Trading can be reached at its registered office: 206 Apolo Arcade Nr. Nirman Tower, Rc Technical Road Ghatlodia, Ahmedabad, Gujarat, India – 380061.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
