MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0075652
Never Nine Private Limited
Never Nine Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹8.36 Cr
▲ 74% YoY
Net profit · FY 2022
₹20.04 Lakh
Net margin 2.4%
EBITDA · FY 2022
₹34.4 Lakh
EBITDA margin 4.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹3 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
8
Provident fund records
About Never Nine Private Limited
Data last updated:
Never Nine 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 29 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U18203GJ2020PTC114234. Its GSTIN is 24AAGCN9968B1Z8 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Kushan Chaitanyakumar Patel and Jalpa Kushan Patel.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 20 The Grain Market Co Op Soc Ltd Bhalakiya Mill Compound Khokhara, Ahmedabad, Gujarat, India – 380008.
As per the financials filed for FY 2022, the company reported a revenue of ₹8.36 Cr, a growth of 74% compared to the previous year. For the same year it recorded a net profit of ₹20.04 Lakh (net margin 2.4%) and EBITDA of ₹34.4 Lakh (EBITDA margin 4.1%).
The company has about 8 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Never nine. As per MCA filings, the company has open charges of ₹3 Cr on record.
Never Nine Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0075652).
Company details
CIN U18203GJ2020PTC114234
Registration Number 114234
Incorporation Date 29 June 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0075652
Key People
Kushan Chaitanyakumar Patel Director Jalpa Kushan Patel Director Kahan Kushanbhai Patel Director Recognitions & Rankings of Never Nine
Contact details
Never Nine Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address20 The Grain Market Co Op Soc Ltd Bhalakiya Mill Compound Khokhara, Ahmedabad, Gujarat, India – 380008
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Never Nine Private Limited, buy the company report.
Comprehensive company report
Never Nine 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Never Nine operates one associated brand: Never nine. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| nevernine.net |
Financials of Never Nine Private Limited
FY 2025 filings availableNever Nine Private Limited reported revenue of ₹8.36 Cr (up 74% YoY) for FY 2022.
Revenue · FY 2022
₹8.36 Cr ▲ 74%
Net profit · FY 2022
₹20.04 Lakh margin 2.4%
EBITDA · FY 2022
₹34.4 Lakh margin 4.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 74%
EBITDA CAGR growth
1 year
▲ 161%
Revenue rose 74% in the latest year. EBITDA rose 161% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹8.36 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹34.4 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹20.04 Lakh | |
| 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 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 4.1% | |
| Net Profit Margin | 2.4% | |
| 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 Never Nine Private Limited, buy the company report.
Board of directors of Never Nine Private Limited
Never Nine has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kushan Chaitanyakumar Patel | Director | 29 Jun 2020 | 6 Years 3 Months | Current |
| Jalpa Kushan Patel | Director | 29 Jun 2020 | 6 Years 3 Months | Current |
| Kahan Kushanbhai Patel | Director | 21 Jan 2026 | 0 Years 9 Months | Current |
Auditor
Never Nine Private Limited is audited by DIPAL R SHAH & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DIPAL R SHAH & CO | FY 2022 | 126576W |
Shareholding
The shareholding of Never Nine Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Never Nine Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Feb 2022 | 100536741 | Hdfc Bank Limited | ₹3 Cr | Open |
To see the full charge records of Never Nine Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Never Nine Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Never Nine Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Never Nine Private Limited has a workforce of 8 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
8
Active EPFO establishments
1
Employee growth
-38.46%
GST
Never Nine has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCN9968B1Z8 | Gujarat | Active | 18 Jul 2020 |
To see the full GST registrations and return filing status of Never Nine Private Limited, buy the company report.
Recent activity
Never Nine Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Kahan Kushanbhai Patel was appointed as Director on 21 Jan 2026.
Appointed
Kahan Kushanbhai Patel was appointed as Director.
AGM
Never Nine Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Never Nine Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited of Rs. 300.00 Lakh registered on 05 Feb 2022 with Charge ID 100536741 was modified on 23 Aug 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 300.00 Lakh with Charge ID 100536741 was registered on 05 Feb 2022.
Appointed
Jalpa Kushan Patel was appointed as Director.
Appointed
Kushan Chaitanyakumar Patel was appointed as Director.
Incorporation
29 Jun 2020
Never Nine Private Limited was registered on 29 Jun 2020 with Roc Ahmedabad & aged 6 years 4 months as per MCA records.
Frequently asked questions
Never Nine 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 29 June 2020 (6+ years old) and is registered under CIN U18203GJ2020PTC114234.
Never Nine has 3 current directors:
- Kushan Chaitanyakumar Patel - Director
- Jalpa Kushan Patel - Director
- Kahan Kushanbhai Patel - Director
The latest financial statements of Never Nine on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Never Nine is 24AAGCN9968B1Z8, registered in Gujarat.
The CIN (Corporate Identification Number) of Never Nine is U18203GJ2020PTC114234. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Never Nine was incorporated on 29 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Kahan Kushanbhai Patel was appointed as Director on 21 Jan 2026. Jalpa Kushan Patel was appointed as Director on 29 Jun 2020. Kushan Chaitanyakumar Patel was appointed as Director on 29 Jun 2020.
Yes, Never Nine is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0075652).
The registered office of Never Nine is at 20 The Grain Market Co Op Soc Ltd Bhalakiya Mill Compound Khokhara, Ahmedabad, Gujarat, India – 380008.
Never Nine operates in the manufacturing industry, in the textile and fabric production segment.