About Nirlep
Nirlep is a Consumer company based in Aurangabad (India) founded in 1968, and was acquired by Bajaj Electricals in June 2018. Manufacturer of home appliances and lighting products. The company has 136 employees. Its chief executive, as recorded, is Mukund Bhogale. Its Indian entity Nirlep Appliances Private Limited reported revenue of ₹70.92 Cr. Its focus areas include Consumer Goods, Household Durables, Kitchenware and Cookware & Cutlery.
Company details
Founded in 1968 and based in Aurangabad, India, operations are focused on the production of home appliances and lighting solutions within the consumer goods sector. A diverse range of items is included, such as fans, air coolers, water heaters, kitchen appliances like mixers, grinders, ovens, and cooktops, alongside lighting for residential and commercial applications. Several established brands are managed under the portfolio, with emphasis placed on quality and functionality.
- Headquarters Aurangabad, India
- Employees 136
- Stage Acquired
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website nirlep.com
- Social LinkedIn X Facebook Instagram
- Acquired by Bajaj Electricals (Jun 2018)
- Legal Name Nirlep Appliances Private Limited
- Date of Incorporation 16 Jul, 1979
- Jurisdiction Naigavahan, Maharashtra, India
- Annual Revenue₹70.92 Cr
FY 2023 · 0% YoY
- Net Loss-₹10.00 Cr
FY 2023 · -14% margin
- EBITDA₹29.2 Lakh
FY 2023 · 0% margin
- Investors
- Employee Count136
- Acquired byBajaj Electricals
(Jun 2018)
Associated legal entities of Nirlep
Nirlep operates through Nirlep Appliances Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Nirlep Appliances Private Limited CIN U27200MH1979PTC021470 | Amalgamated | 16 Jul 1979 | Naigavahan, Maharashtra | ₹70.9 Cr | 136 | 3 | View details |
Investors in Nirlep
Nirlep has secured backing from 1 investor. Prominent investors backing the company include Bajaj Electricals.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Household durables are manufactured and branded globally. | 1938 | bajajelectricals.com | Mumbai, India |
Investor details for Nirlep
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Board of directors of Nirlep Appliances Private Limited (Nirlep)
Nirlep Appliances Private Limited is the primary company behind Nirlep. The board of Nirlep Appliances Private Limited currently have 3 directors; the longest-serving is Sanjay Murarka, appointed in 2018. 17 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sanjay Murarka DIN 02802918 | Director | 31 Aug 2018 | 8 yrs 2 mo | Nirlep Appliances Private Limited |
| Samir Dhirajlal Shrimankar DIN 02729100 | Director | 31 Aug 2018 | 8 yrs 2 mo | Nirlep Appliances Private Limited |
| Amit Bhalla DIN 08215712 | Director | 25 Jan 2019 | 7 yrs 9 mo | Nirlep Appliances Private Limited |
People of Nirlep
1 people are tracked at Nirlep (1 in leadership); the tracked headcount is 136.
| Name | Role | Group |
|---|---|---|
| CEO | Leadership |
Complete people profiles for Nirlep
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Financials of Nirlep
Figures of Nirlep Appliances Private Limited, the primary company behind Nirlep, for FY 2023. Revenue was ₹70.92 Cr (0% year on year). Net loss was -₹10.00 Cr (-14% margin). EBITDA was ₹29.2 Lakh (0% margin). Revenue has grown at a compounded annual rate of +19% over three years and +9% over five years.
- ₹70.92 CrRevenue · FY 2023 · 0% YoY
- -₹10.00 CrNet loss · -14% margin
- ₹29.2 LakhEBITDA · 0% margin
- ₹7.44 CrPaid-up capital
- 136Employees (provident fund records)
- +19%Revenue CAGR, 3 years
- +9%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Nirlep Appliances Private Limited are on its company page.
Detailed financial statements for Nirlep
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Timeline of Nirlep
2 dated milestones of Nirlep across 50 years, from founding to its latest funding, stage changes and deals.
- Founded Nirlep is founded.
- Exit Acquired by Bajaj Electricals.
Web traffic of Nirlep
Websites that share an audience with Nirlep (nirlep.com).
Websites whose visitors overlap most with Nirlep. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
ip-adress.com | ip-adress.com | 100% | #3,087,768 | – | |
siva-in.jobstreet.com | siva-in.jobstreet.com | 96% | – | ||
mqzy.com | mqzy.com | 69% | – |
Top companies in Home & Living Products
3 companies that operate in the same segment as Nirlep (Home & Living Products) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of interior design and renovation services for homes and offices | 2014 | Bengaluru, Karnataka, India | USD 511.55 M | USD 172.66 M | 4,353 | |
Multi-category products are rented via subscription model. | 2014 | Bengaluru, Karnataka, India | USD 58.71 M | USD 14.82 M | 422 | |
Internet-first brand offering multi-category home furniture | 2012 | Bengaluru, Karnataka, India | USD 108.06 M | USD 35.34 B | 43,024 |
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Related news about Nirlep
Complete news archive for Nirlep
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Frequently Asked Questions about Nirlep
Nirlep was founded in 1968.
Nirlep is headquartered in Aurangabad, India. It is registered at Aurangabad, Maharashtra, India.
Mukund Bhogale is the CEO of Nirlep, as recorded in our data.
Nirlep has 136 employees.
The primary company behind Nirlep, Nirlep Appliances Private Limited, reported revenue of ₹70.92 Cr for FY 2023, down 0% year on year.
Founded in 1968 and based in Aurangabad, India, operations are focused on the production of home appliances and lighting solutions within the consumer goods sector. A diverse range of items is included, such as fans, air coolers, water heaters, kitchen appliances like mixers, grinders, ovens, and cooktops, alongside lighting for residential and commercial applications. Several established brands are managed under the portfolio, with emphasis placed on quality and functionality.
Nirlep has 1 investor. Key investors include Bajaj Electricals.
Nirlep operates through Nirlep Appliances Private Limited.
Yes. Nirlep was acquired by Bajaj Electricals in June 2018.
The legal entities of Nirlep currently have 3 directors, including Amit Bhalla, Sanjay Murarka, Samir Dhirajlal Shrimankar.