About Nectar Prints Private Limited
Data last updated:
Nectar Prints Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the commercial printing services segment of the media and publishing sector. It was incorporated on 27 October 1998.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U22200MH1998PTC116968. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Nazneen Khatu Abid Ali Shaikh and Milind Balkrishna Kasodekar (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Bunglow No. 7 Gulab Park Dr. C. G Road Near Basant Cinema Chembur, Mumbai, Maharashtra, India – 400074.
As per the financials filed for FY 2019, the company reported a revenue of ₹6.01 Cr, a decline of 46% compared to the previous year. For the same year it recorded a net loss of ₹7.17 Cr (net margin -119.3%) and EBITDA of -₹1.33 Cr (EBITDA margin -22.1%). Revenue has declined at a compounded annual rate (CAGR) of 46% over three years.
As per MCA filings, the company has open charges of ₹62.07 Cr and satisfied charges of ₹23.01 Cr on record. Court records list 41 cases involving the company, including 10 filed by the company and 31 filed against it; 7 cases are pending.
The last known website on record is nectarprints.com.
Company details
Contact details
Nectar Prints Private Limited's registered office is in Mumbai, Maharashtra. Its website is nectarprints.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBunglow No. 7 Gulab Park Dr. C. G Road Near Basant Cinema Chembur, Mumbai, Maharashtra, India – 400074
- IndustryMedia and Publishing, Commercial Printing Services
To see the full contact details of Nectar Prints 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 Nectar Prints is manufacturing. In detail, this covers printing, reproduction of recorded media.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C4 | Printing, reproduction of recorded media |
To see the full business activity and turnover split of Nectar Prints Private Limited, buy the company report.
Financials of Nectar Prints Private Limited
FY 2019 filings availableNectar Prints Private Limited reported revenue of ₹6.01 Cr (down 46% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 46% over three years, including a 46% fall in the latest year. EBITDA rose 76% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6.01 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | -₹1.33 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.17 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -22.1% | ||||
| Net Profit Margin | -119.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Nectar Prints Private Limited, buy the company report.
Board of directors of Nectar Prints Private Limited
Nectar Prints has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nazneen Khatu Abid Ali Shaikh | Director | 27 Oct 1998 | 27 Years 11 Months | As last reported |
| Milind Balkrishna Kasodekar | Irp/Rp/Liquidator | 31 May 2024 | 2 Years 4 Months | As last reported |
| Abidali Shaikh | Director | 27 Oct 1998 | 27 Years 11 Months | As last reported |
Peer comparison
Nectar Prints Private Limited is compared with the 3 companies closest to it by revenue in the Media and Publishing industry (Commercial Printing), with the same principal business activity (printing, reproduction of recorded media), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nectar Prints Private Limitedthis company | ₹6.01 Cr (FY 2019) | -₹7.17 Cr | -119.3% | -46.0% | Mumbai, Maharashtra, India | |
| Global Print Packs Private Limited | ₹6.01 Cr (FY 2024) | 20.0% | Saharanpur, Uttar Pradesh, India | |||
| Khushwani Print Pack Private Limited | ₹6 Cr (FY 2024) | -17.0% | Uttar Pradesh, India | |||
| Best Offset Private Limited | ₹5.97 Cr (FY 2025) | 34.0% | Jodhpur, Rajasthan, India |
To see the full peer comparison of Nectar Prints Private Limited, buy the company report.
Auditor
Nectar Prints Private Limited is audited by T M PARIKH & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T M PARIKH & CO | FY 2019 | 114580W |
Shareholding
The shareholding of Nectar Prints Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Nectar Prints Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jul 2016 | 100044829 | Others | ₹1 Cr | Open | |
| 16 Feb 2015 | 10553896 | Others | ₹29.78 Cr | Open | |
| 31 Dec 2014 | 10546910 | Siemens Financial Services Private Limited | ₹36.72 Lakh | Open | |
| 01 Dec 2014 | 10538006 | Siemens Financial Services Private Limited | ₹8 Lakh | Open | |
| 30 Sep 2014 | 10524132 | Reliance Capital Ltd | ₹49.66 Lakh | Open |
To see the full charge records of Nectar Prints Private Limited, buy the company report.
Total charge records: 30 View all charges
Legal cases
Nectar Prints Private Limited has 41 court cases on record: 10 filed by Nectar Prints, 31 filed against it. 7 cases are pending and 34 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 31 | 26 | 6 |
| High courts | 7 | 3 | 0 |
| NCLT | 2 | 1 | 0 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 41)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Tata Capital Limited | Pending |
| District court, Calcutta, West Bengal | Court case (CNS) | Filed against the company by Shriram Finance Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Bajaj Finance Limited | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Shriram City Union Finance Ltd - Mr. Hitesh G. Joshi | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Hinduja Leyland Finance Limited Authorised Officer Waman Kadam | Disposed |
To see the full case history of Nectar Prints 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 Nectar Prints Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nectar Prints 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 Nectar Prints Private Limited, buy the company report.
Recent activity
Nectar Prints Private Limited has 4 board changes on record since 1998: 3 appointments and 1 cessation. The latest: Milind Balkrishna Kasodekar was appointed as Irp/Rp/Liquidator on 31 May 2024.
49 earlier events are in the company report.
Frequently asked questions
Nectar Prints is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Nectar Prints is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in commercial printing services, within the media and publishing industry. It was incorporated on 27 October 1998 and is registered under CIN U22200MH1998PTC116968. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Nectar Prints has 3 current directors:
- Nazneen Khatu Abid Ali Shaikh - Director
- Abidali Shaikh - Director
- Milind Balkrishna Kasodekar - Irp/Rp/Liquidator
The latest financial statements of Nectar Prints on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Nectar Prints is U22200MH1998PTC116968. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nectar Prints has open charges of ₹62.07 Cr and satisfied charges of ₹23.01 Cr as per latest MCA filings.
Nectar Prints has 41 court cases on record: 10 filed by the company and 31 filed against it. 7 are pending. Most are in the district courts.
Nectar Prints was incorporated on 27 October 1998. It is registered with the Registrar of Companies, Mumbai.
The peers of Nectar Prints by revenue are Global Print Packs Private Limited, Khushwani Print Pack Private Limited, Best Offset Private Limited, all in the Media and Publishing industry (Commercial Printing), with the same principal business activity (printing, reproduction of recorded media).
Milind Balkrishna Kasodekar was appointed as Irp/Rp/Liquidator on 31 May 2024. Naveem Naaz Abid Ali Shaikh ceased to be Director on 29 Mar 2019. Abidali Shaikh was appointed as Director on 27 Oct 1998. Nectar Prints has 4 board changes on record in total.
Nectar Prints can be reached through the website nectarprints.com. Its registered office is in Mumbai, Maharashtra, India.