About Nelcon Industries India Private Limited
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Nelcon Industries India Private Limited is a private limited company based in Palghar, Maharashtra, India. It operates in the crockery and kitchenware manufacturing segment of the home and lifestyle products sector. It was incorporated on 29 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28110MH2019PTC332297. Its GSTIN is 27AAGCN7334K1Z3 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2.6 Cr and a paid-up capital of ₹2.37 Cr. It was formerly known as Nirlon Metal (India) Private Limited. It is led by directors Dhiresh Pravin Parmar and Disha Dhiresh Parmar.
Its last annual general meeting (AGM) was held on 13 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot – D Survey No. 43/5/6 Old Satpati Road Allayali Post – Tembhode, Palghar, Maharashtra, India – 401404.
As per the financials filed for FY 2024, the company reported a revenue of ₹77.86 Cr, a growth of 84% compared to the previous year. For the same year it recorded a net profit of ₹3.51 Cr (net margin 4.5%) and EBITDA of ₹6.02 Cr (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 129% over three years.
The company has about 21 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8.5 Cr on record. Court records list 2 cases involving the company, including 2 filed against it. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹3.1 Cr; the latest was in March 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nelconindustries.in.
Company details
Contact details
Nelcon Industries India Private Limited's registered office is in Palghar, Maharashtra. Its website is nelconindustries.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot – D Survey No. 43/5/6 Old Satpati Road Allayali Post – Tembhode, Palghar, Maharashtra, India – 401404
- IndustryHome & Lifestyle, Crockery & Kitchenware Manufacturing
To see the full contact details of Nelcon Industries India 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 Nelcon Industries India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Nelcon Industries India Private Limited, buy the company report.
Financials of Nelcon Industries India Private Limited
FY 2024 filings availableNelcon Industries India Private Limited reported revenue of ₹77.86 Cr (up 84% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 129% over three years, including 84% growth in the latest year. EBITDA rose 60% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹6.02 Cr | ||||
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| Net Profit (PAT) | ₹3.51 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 7.7% | ||||
| Net Profit Margin | 4.5% | ||||
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To see the full financial statements and ratios of Nelcon Industries India Private Limited, buy the company report.
Board of directors of Nelcon Industries India Private Limited
Nelcon Industries India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhiresh Pravin Parmar Also directs: Sunac Nelcon Realty LLP, Nirlon Housing India Private Limited | Director | 29 Oct 2019 | 7 Years 0 Months | Current |
| Disha Dhiresh Parmar | Director | 25 Feb 2021 | 5 Years 8 Months | Current |
Auditor
Nelcon Industries India Private Limited is audited by JNSV & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JNSV & Co. LLP | FY 2023 | 100353W |
Shareholding
The shareholding of Nelcon Industries India Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Nelcon Industries India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Feb 2023 | 100683930 | Others | ₹7 Cr | Open | |
| 18 Jun 2021 | 100484282 | Axis Bank Limited | ₹1.5 Cr | Open |
To see the full charge records of Nelcon Industries India Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Nelcon Industries India Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹3.1 Cr; the latest was in March 2023.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2021 | Funding round | ₹3 Cr | Investors: Indian Infotech and Software Limited |
| Mar 2021 | Funding round | ₹10 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nelcon Industries India Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Shri. D.G. Gotake, Government Labour Officer and Inspector the Payment of Wages Act | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Shri. D.G. Gotake, Government Labour Officer and Inspector the Minimum Wages Act | Disposed |
To see the full case history of Nelcon Industries India 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 Nelcon Industries India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nelcon Industries India Private Limited has a workforce of 21 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Nelcon Industries India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCN7334K1Z3 | Maharashtra | Active | 23 Nov 2019 |
| 29AAGCN7334K1ZZ | Karnataka | Active | 25 Sep 2023 |
To see the full GST registrations and return filing status of Nelcon Industries India Private Limited, buy the company report.
Recent activity
Nelcon Industries India Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Disha Dhiresh Parmar was appointed as Director on 25 Feb 2021.
Frequently asked questions
Nelcon Industries India is an active private limited company based in Palghar, Maharashtra, India. The company works in crockery and kitchenware manufacturing, within the home and lifestyle industry. It was incorporated on 29 October 2019 (7+ years old) and is registered under CIN U28110MH2019PTC332297.
Nelcon Industries India has 2 current directors:
- Dhiresh Pravin Parmar - Director
- Disha Dhiresh Parmar - Director
The latest financial statements of Nelcon Industries India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 13 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Nelcon Industries India is 27AAGCN7334K1Z3, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAGCN7334K1ZZ (Karnataka).
The CIN (Corporate Identification Number) of Nelcon Industries India is U28110MH2019PTC332297. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nelcon Industries India has 2 court cases on record: 2 filed against it.
Nelcon Industries India was incorporated on 29 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Nelcon Industries India has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹3.1 Cr; the latest was in March 2023.
Disha Dhiresh Parmar was appointed as Director on 25 Feb 2021. Pravin Umedmalji Jain ceased to be Director on 25 Feb 2021. Dhiresh Pravin Parmar was appointed as Director on 29 Oct 2019.
Nelcon Industries India can be reached through the website nelconindustries.in. Its registered office is in Palghar, Maharashtra, India.
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