Nitin Hire Purchase Private Limited
About Nitin Hire Purchase Private Limited
Data last updated:
Nitin Hire Purchase Private Limited is a private limited company based in Jalandhar, Punjab, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 24 April 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U65921PB1995PTC016302. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹97 Lakh and a paid-up capital of ₹96.82 Lakh. It is led by directors Pradeep Kumar Garg and Amit Paul.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shop No – 2 Pam Rose World Trade Centre Ground Floor Opp – Indo Canadian Office, Jalandhar, Punjab, India – 144001.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.58 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹22.49 Lakh (net margin 6.3%) and EBITDA of ₹84.25 Lakh (EBITDA margin 23.5%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 7% over five years.
Court records list 11 cases involving the company, including 10 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Nitin Hire Purchase Private Limited's registered office is in Jalandhar, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No – 2 Pam Rose World Trade Centre Ground Floor Opp – Indo Canadian Office, Jalandhar, Punjab, India – 144001
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Nitin Hire Purchase 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 Nitin Hire Purchase Private Limited
FY 2025 filings availableNitin Hire Purchase Private Limited reported revenue of ₹3.58 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 2% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA rose 9% 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 | ₹84.25 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹22.49 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.5% | ||||
| Net Profit Margin | 6.3% | ||||
| 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 Nitin Hire Purchase Private Limited, buy the company report.
Board of directors of Nitin Hire Purchase Private Limited
Nitin Hire Purchase has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradeep Kumar Garg | Director | 16 Aug 2008 | 18 Years 2 Months | Current |
| Amit Paul Also directs: Desire Vincom Private Limited, Pewee Infrastructure Private Limited, Shyama Computronics and Services Limited and 5 more | Director | 25 Apr 2019 | 7 Years 6 Months | Current |
Auditor
Nitin Hire Purchase Private Limited is audited by PRASANTAKUMARROYBARMAN for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRASANTAKUMARROYBARMAN | FY 2022 | 013905 |
Shareholding
The shareholding of Nitin Hire Purchase Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nitin Hire Purchase Private Limited, buy the company report.
Legal cases
Nitin Hire Purchase Private Limited has 11 court cases on record: 10 filed by Nitin Hire Purchase, 1 filed against it. 2 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 1 | 2 |
| NCLAT | 5 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Om Shivay Real Estate Private Limited | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Om Shivay Real Estate Private Limited | Disposed |
| NCLT, New Delhi Bench Court-II | Insolvency matter | Filed by the company against Om Shivay Real Estate Private Limited | Disposed |
| Calcutta High Court | Court case (CS-COM) | Filed by the company against an individual | Pending |
| High Court, West Bengal | Writ petition | Filed by the company against Union of India and Ors | Pending |
To see the full case history of Nitin Hire Purchase 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 Nitin Hire Purchase Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nitin Hire Purchase has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Nitin Hire Purchase Private Limited, buy the company report.
Recent activity
Nitin Hire Purchase Private Limited has 9 board changes on record since 2008: 2 appointments and 7 cessations. The latest: Amit Paul ceased to be Additional Director on 29 Sep 2019.
Frequently asked questions
Nitin Hire Purchase is an active private limited company based in Jalandhar, Punjab, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 24 April 1995 (31+ years old) and is registered under CIN U65921PB1995PTC016302.
Nitin Hire Purchase has 2 current directors:
- Pradeep Kumar Garg - Director
- Amit Paul - Director
The latest financial statements of Nitin Hire Purchase on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Nitin Hire Purchase has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Nitin Hire Purchase is U65921PB1995PTC016302. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nitin Hire Purchase has 11 court cases on record: 10 filed by the company and 1 filed against it. 2 are pending. Most are in the high courts.
Nitin Hire Purchase was incorporated on 24 April 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chandigarh.
Amit Paul ceased to be Additional Director on 29 Sep 2019. Amit Paul was appointed as Director on 25 Apr 2019. Mukesh Kumar Agarwal ceased to be Director on 25 Apr 2019. Nitin Hire Purchase has 9 board changes on record in total.
The registered office of Nitin Hire Purchase is at Shop No – 2 Pam Rose World Trade Centre Ground Floor Opp – Indo Canadian Office, Jalandhar, Punjab, India – 144001.
Nitin Hire Purchase operates in the financial services industry, in the investment and credit nbfc segment.