MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-DN-01-0003048
Nassolkem Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2016
₹16.42 Cr
▲ 112% YoY
Net loss · FY 2016
₹1.64 Cr
Net margin -10%
EBITDA · FY 2016
₹4.8 Cr
EBITDA margin 29.2%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹10 Cr
Issued & subscribed
Open charges
₹52.42 Cr
Secured borrowings
Company age
23 yrs
Est. 2003
Directors on board
4
As per MCA filings
About Nassolkem Private Limited
Data last updated:
Nassolkem Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 11 June 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24114MH2003PTC140856. Its GSTIN is 26AACCB2520K1ZZ (Dadra and Nagar Haveli and Daman and Diu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹10 Cr. It was formerly known as Bul Bul Masterbatches and Colourants Private Limited and Bul Bul Masterbatches Private Limited. It is led by directors including Narendra Kantilal Shah (Managing Director) and Maya Raj Shah.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Gurukripa133 Kazi Saved Street, Mumbai, Maharashtra, India – 400003.
As per the financials filed for FY 2016, the company reported a revenue of ₹16.42 Cr, a growth of 112% compared to the previous year. For the same year it recorded a net loss of ₹1.64 Cr (net margin -10%) and EBITDA of ₹4.8 Cr (EBITDA margin 29.2%).
As per MCA filings, the company has open charges of ₹52.42 Cr on record. Court records list 8 cases involving the company, including 1 filed by the company and 7 filed against it.
Nassolkem Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DN-01-0003048). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website bulbul.in.
Company details
CIN U24114MH2003PTC140856
Registration Number 140856
Incorporation Date 11 June 2003
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Non-Compliant
MSME Classification Small
Udyam Registration UDYAM-DN-01-0003048
Name history
Nassolkem has undergone 2 name changes throughout its history. The company was previously known as Bul Bul Masterbatches And Colourants Private Limited, and Bul Bul Masterbatches Private Limited. The current legal name is Nassolkem Private Limited.
| Company Name | Status |
|---|---|
| Nassolkem Private Limited | Current |
| Bul Bul Masterbatches And Colourants Private Limited | Previous |
| Bul Bul Masterbatches Private Limited | Previous |
Key People
Narendra Kantilal Shah Managing Director Maya Raj Shah Director Raj Kantilal Shah Director Recognitions & Rankings of Nassolkem
Contact details
Nassolkem Private Limited's registered office is in Mumbai, Maharashtra. Its website is bulbul.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGurukripa133 Kazi Saved Street, Mumbai, Maharashtra, India – 400003
- IndustryChemicals and Materials, Dyes & Pigments, Colorants
To see the full contact details of Nassolkem Private Limited, buy the company report.
Comprehensive company report
Nassolkem 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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Business activity
The main business activity of Nassolkem is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Nassolkem Private Limited, buy the company report.
Financials of Nassolkem Private Limited
FY 2022 filings availableNassolkem Private Limited reported revenue of ₹16.42 Cr (up 112% YoY) for FY 2016.
Revenue · FY 2016
₹16.42 Cr ▲ 112%
Net loss · FY 2016
₹1.64 Cr margin -10%
EBITDA · FY 2016
₹4.8 Cr margin 29.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 112%
EBITDA CAGR growth
1 year
▲ 121%
Revenue rose 112% in the latest year. EBITDA rose 121% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹16.42 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹4.8 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1.64 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 29.2% | |
| Net Profit Margin | -10% | |
| 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 Nassolkem Private Limited, buy the company report.
Board of directors of Nassolkem Private Limited
Nassolkem has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narendra Kantilal Shah | Managing Director | 11 Jun 2003 | 23 Years 4 Months | Current |
| Maya Raj Shah Also directs: Tu-E Capital Project LLP, Regency Dye Chem Pvt Ltd | Director | 06 Dec 2017 | 8 Years 10 Months | Current |
| Raj Kantilal Shah | Director | 11 Jun 2003 | 23 Years 4 Months | Current |
| Rahul Raj Shah Also directs: Tu-E Capital Project LLP, Regency Dye Chem Pvt Ltd | Director | 06 Dec 2017 | 8 Years 10 Months | Current |
Auditor
Nassolkem Private Limited is audited by BHUTA SHAH & Co. LLP for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHUTA SHAH & Co. LLP | FY 2016 | 101474W/W100100 |
Shareholding
The shareholding of Nassolkem Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Nassolkem Private Limited, buy the company report.
Charges & borrowings
Open charges
₹52.42 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jan 2025 | 101040885 | Others | ₹7 Cr | Open | |
| 03 Jun 2014 | 10539695 | Others | ₹3.02 Cr | Open | |
| 31 Oct 2013 | 10462096 | Others | ₹9.76 Cr | Open | |
| 31 Oct 2013 | 10462100 | Others | ₹2.65 Cr | Open | |
| 15 Apr 2009 | 10159659 | Bank of Baroda | ₹11.5 Cr | Open |
To see the full charge records of Nassolkem Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Nassolkem Private Limited has 8 court cases on record: 1 filed by Nassolkem, 7 filed against it. All cases are disposed.
Total cases
8
Filed by the company
1
Filed against the company
7
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 5 | 0 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed against the company by Omkara Assets Reconstruction Privatelimited | Disposed |
| District court, Silvassa, DNH at Silvasa | Court case (S.C.S.) | Filed by the company against National Polyplast (India) Ltd. | Disposed |
| District court, Silvassa, DNH at Silvasa | Civil suit | Filed against the company by National Polyplast India P Ltd Authiruzed Mr Sarvesh Mishra | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Capital First Ltd Th.Mr.Amit Chandrakant Chalke | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Capital First Ltd Th.Mr.Amit Chandrakant Chalke | Disposed |
To see the full case history of Nassolkem 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 Nassolkem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nassolkem has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 26AACCB2520K1ZZ | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nassolkem Private Limited, buy the company report.
Recent activity
Nassolkem Private Limited has 5 board changes on record since 2003: 4 appointments and 1 cessation. The latest: Maya Raj Shah was appointed as Director on 06 Dec 2017.
Charges
A charge with Others amounted to Rs. 7.00 Cr with Charge ID 101040885 was registered on 28 Jan 2025.
AGM
Nassolkem Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Nassolkem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.
Charges
A charge with Others of Rs. 3.02 Cr registered on 03 Jun 2014 with Charge ID 10539695 was modified on 31 Mar 2018.
Charges
A charge with Others of Rs. 9.76 Cr registered on 31 Oct 2013 with Charge ID 10462096 was modified on 31 Mar 2018.
Charges
A charge with Others of Rs. 2.65 Cr registered on 31 Oct 2013 with Charge ID 10462100 was modified on 31 Mar 2018.
Appointed
Maya Raj Shah was appointed as Director.
Appointed
Rahul Raj Shah was appointed as Director.
Charges
A charge with Others amounted to Rs. 3.02 Cr with Charge ID 10539695 was registered on 03 Jun 2014.
Ceased
Kantilal Narandas Shah ceased to be Director.
Charges
A charge with Others amounted to Rs. 9.76 Cr with Charge ID 10462096 was registered on 31 Oct 2013.
Charges
A charge with Others amounted to Rs. 2.65 Cr with Charge ID 10462100 was registered on 31 Oct 2013.
6 earlier events are in the company report.
Frequently asked questions
Nassolkem is an active private limited company based in Mumbai, Maharashtra, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 11 June 2003 (23+ years old) and is registered under CIN U24114MH2003PTC140856.
Nassolkem has 4 current directors:
- Narendra Kantilal Shah - Managing Director
- Maya Raj Shah - Director
- Raj Kantilal Shah - Director
- Rahul Raj Shah - Director
The latest financial statements of Nassolkem on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Nassolkem is 26AACCB2520K1ZZ, registered in Dadra and Nagar Haveli and Daman and Diu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Nassolkem is U24114MH2003PTC140856. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nassolkem has 8 court cases on record: 1 filed by the company and 7 filed against it. Most are in the district courts.
Nassolkem was incorporated on 11 June 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Maya Raj Shah was appointed as Director on 06 Dec 2017. Rahul Raj Shah was appointed as Director on 06 Dec 2017. Kantilal Narandas Shah ceased to be Director on 25 Mar 2014. Nassolkem has 5 board changes on record in total.
Yes, Nassolkem is registered as a small enterprise under Udyam registration (number: UDYAM-DN-01-0003048).
Nassolkem can be reached through the website bulbul.in. Its registered office is in Mumbai, Maharashtra, India.
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