Nandan Industries Private Limited

Nandan Industries Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U17299GJ2016PTC091630 Incorporated 21 April 2016 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2023
₹214.39 Cr
▼ 8% YoY
Net profit · FY 2023
₹2.2 Cr
Net margin 1%
EBITDA · FY 2023
₹16.5 Cr
EBITDA margin 7.7%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹14.72 Cr
Issued & subscribed
Open charges
₹87.84 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
27
Provident fund records

About Nandan Industries Private Limited

Data last updated:

Nandan Industries Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 21 April 2016 and has been in existence for over 10 years.

Its director Brijmohan Chiripal and family are #1,055 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17299GJ2016PTC091630. Its GSTIN is 24AAFCN2117F1ZY (Gujarat).

The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹14.72 Cr. It is led by directors Jigneshkumar Natverlal Rana and Brijmohan Chiripal Devkinandan.

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Chiripal House Nr. Shivranjani Cross Road Satellite, Ahmedabad, Gujarat, India – 380015.

As per the financials filed for FY 2023, the company reported a revenue of ₹214.39 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹2.2 Cr (net margin 1%) and EBITDA of ₹16.5 Cr (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years.

The company has about 27 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹87.84 Cr on record.

Nandan Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0004667). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chiripalgroup.com.

Company details

CIN U17299GJ2016PTC091630
Registration Number 091630
Incorporation Date 21 April 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0004667
Key People
Jigneshkumar Natverlal Rana Director Brijmohan Chiripal Devkinandan Director

Recognitions & Rankings of Nandan Industries

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-01-0004667

Contact details

Nandan Industries Private Limited's registered office is in Ahmedabad, Gujarat. Its website is chiripalgroup.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    chiripalgroup.com
  • Social Media
  • Registered Address
    Chiripal House Nr. Shivranjani Cross Road Satellite, Ahmedabad, Gujarat, India – 380015
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Nandan Industries Private Limited, buy the company report.

Comprehensive company report
Nandan Industries Private Limited - one report that includes everything
  • 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
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Financials of Nandan Industries Private Limited

FY 2025 filings available

Nandan Industries Private Limited reported revenue of ₹214.39 Cr (down 8% YoY) for FY 2023.

Revenue · FY 2023
₹214.39 Cr ▼ 8%
Net profit · FY 2023
₹2.2 Cr margin 1%
EBITDA · FY 2023
₹16.5 Cr margin 7.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 14%

Revenue fell 8% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 25%. EBITDA rose 2% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹214.39 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹16.5 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.2 Cr
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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin7.7%
Net Profit Margin1%
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 Nandan Industries Private Limited, buy the company report.

Board of directors of Nandan Industries Private Limited

Nandan Industries has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jigneshkumar Natverlal Rana
Also directs: Devkinandan Corporation LLP, Quality Exim Private Limited
Director11 Nov 20223 Years 11 MonthsCurrent
Brijmohan Chiripal Devkinandan
Also directs: Nandan Corporation LLP, Devkinandan Corporation LLP, Vishal Fabrics Limited and 5 more
Director21 Apr 201610 Years 6 MonthsCurrent
View all directors

Auditor

Nandan Industries Private Limited is audited by A.O. AGRAWAL & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
A.O. AGRAWAL & CO.FY 2023119827W

Shareholding

The shareholding of Nandan Industries Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2019FY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Nandan Industries Private Limited, buy the company report.

Charges & borrowings

Open charges
₹87.84 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹87.84 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
21 Sep 2017100134463Others₹87.84 CrOpen

To see the full charge records of Nandan Industries Private Limited, buy the company report.

Total charge records: 1 View all charges

Credit ratings & regulatory alerts

Nandan Industries Private Limited was last rated by Icra on 31 Mar 2022.

Rating agencyRated onRating
Icra31 Mar 2022

To see the full credit ratings and regulatory alerts of Nandan Industries Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Nandan Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Nandan Industries Private Limited has a workforce of 27 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.

Employee count
27
Active EPFO establishments
1
Employee growth
-22.86%

GST

Nandan Industries has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAFCN2117F1ZYGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Nandan Industries Private Limited, buy the company report.

Recent activity

Nandan Industries Private Limited has 7 board changes on record since 2016: 3 appointments and 4 cessations. The latest: Jigneshkumar Natverlal Rana ceased to be Additional Director on 29 Sep 2023.

AGM
Nandan Industries Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Nandan Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Jigneshkumar Natverlal Rana ceased to be Additional Director.
Charges
A charge with Others of Rs. 87.84 Cr registered on 21 Sep 2017 with Charge ID 100134463 was modified on 23 Feb 2023.
Appointed
Jigneshkumar Natverlal Rana was appointed as Director.
Ceased
Subheesh Nath ceased to be Director.
Ceased
Pulakesh Guha Niyogi ceased to be Additional Director.
Ceased
Pooja Smit Shah ceased to be Director.
Appointed
Pulakesh Guha Niyogi was appointed as Director.
Charges
A charge with Others amounted to Rs. 87.84 Cr with Charge ID 100134463 was registered on 21 Sep 2017.
Appointed
Brijmohan Chiripal Devkinandan was appointed as Director.
Incorporation
21 Apr 2016
Nandan Industries Private Limited was registered on 21 Apr 2016 with Roc Ahmedabad & aged 10 years 6 months as per MCA records.

Frequently asked questions

Nandan Industries is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 21 April 2016 (10+ years old) and is registered under CIN U17299GJ2016PTC091630.

Nandan Industries has 2 current directors:

The latest financial statements of Nandan Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Nandan Industries is 24AAFCN2117F1ZY, registered in Gujarat.

The CIN (Corporate Identification Number) of Nandan Industries is U17299GJ2016PTC091630. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Nandan Industries was incorporated on 21 April 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Jigneshkumar Natverlal Rana ceased to be Additional Director on 29 Sep 2023. Jigneshkumar Natverlal Rana was appointed as Director on 11 Nov 2022. Subheesh Nath ceased to be Director on 15 Oct 2022. Nandan Industries has 7 board changes on record in total.

Yes, Nandan Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0004667).

Nandan Industries can be reached through the website chiripalgroup.com. Its registered office is in Ahmedabad, Gujarat, India.

The registered office of Nandan Industries is at Chiripal House Nr. Shivranjani Cross Road Satellite, Ahmedabad, Gujarat, India – 380015.