Never Nine Private Limited - Company Profile

It is a manufacturing private limited company based in Ahmedabad, Gujarat, India, established in 2020.
2020 Ahmedabad, Gujarat, India Active
Last Updated:
About Never Nine Private Limited

Never Nine Private Limited, a active private limited company, was established on 29 June 2020 in Ahmedabad, Gujarat, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U18203GJ2020PTC114234. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

Employing 8 professional, Its leadership includes Kushan Chaitanyakumar Patel (Director), Jalpa Kushan Patel (Director). It holds ₹3.00 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 20, The Grain Market Co Op Soc Ltd Bhalakiya Mill Compound, Khokhara, Ahmedabad, Gujarat, 380008.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U18203GJ2020PTC114234

  • Registration Number

    114234

  • Incorporation Date

    29 June 2020

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 5 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.00 Cr
  • Revenue Growth **** 74.27%
  • Profit Growth **** 126.93%
  • Ebitda **** 161.45%
  • Net Worth 203.85%
  • Total Assets **** 35.71%
Company report

Never Nine Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Never Nine Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Never Nine Private Limited?
Current Directors
Name Designation Appointment Date Status
Kushan Chaitanyakumar Patel Director 29 Jun 2020 Current
Jalpa Kushan Patel Director 29 Jun 2020 Current

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Financial Performance of Never Nine.

Never Nine Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 74.27% increase. The company also saw a substantial improvement in profitability, with a 126.93% increase in profit. The company's net worth Soared by an impressive increase of 203.85%.

Never Nine revenue growth over time
Never Nine profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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74.27%
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Revenue from Operations
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74.20%
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Total Assets
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35.71%
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Profit or Loss
*******
126.93%
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Net Worth
*******
203.85%
*******
*******
*******
*******
EBITDA
*******
161.45%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Never Nine?

In 2022, Never Nine had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹30,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 3.00 Cr
Latest Charge Details
Date Lender Amount Status
05 Feb 2022 Hdfc Bank Limited ₹3.00 Cr Open

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How Many Employees Work at Never Nine?

Never Nine has a workforce of 8 employees as of Apr 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Never Nine, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Never Nine's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Never Nine
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Never Nine Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Never Nine Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was completed.

  • Charges

    Progress on A charge with Hdfc Bank Limited of Rs. 30.00 M registered on 05 Feb 2022 with Charge ID 100536741 was modified on 23 Aug 2023. was documented.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 30.00 M with Charge ID 100536741 was registered on 05 Feb 2022. was recorded as a recent event.

  • Director Appointment

    Progress on Kushan Chaitanyakumar Patel was appointed as a Director was appointed as a Director on 29 Jun 2020 & has been associated with this company since 5 years 7 months . was documented.

  • Director Appointment

    Progress on Jalpa Kushan Patel was appointed as a Director was appointed as a Director on 29 Jun 2020 & has been associated with this company since 5 years 7 months . was documented.

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Frequently Asked Questions
What is the CIN of Never Nine Private Limited?

The CIN of Never Nine Private Limited is U18203GJ2020PTC114234.

Where is Never Nine Private Limited headquartered?

Never Nine Private Limited is headquartered at 20, The Grain Market Co Op Soc Ltd Bhalakiya Mill Compound, Khokhara, Ahmedabad, Gujarat, 380008.

When was Never Nine Private Limited incorporated?

Never Nine Private Limited was incorporated on 29 June 2020.

Who are the current directors of Never Nine Private Limited?

The current directors of Never Nine Private Limited are

What is the primary industry of Never Nine Private Limited?

The primary industry of Never Nine Private Limited is Manufacturing.

Is Never Nine Private Limited a listed company?

Never Nine Private Limited is unlisted.

What is the capital structure of Never Nine Private Limited?

The authorized capital of Never Nine Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

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