Nice Texcot Trading & Agency Private Limited
About Nice Texcot Trading & Agency Private Limited
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Nice Texcot Trading & Agency Private Limited is a private limited company based in Palghar, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 07 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2017PTC293564. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹7 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Chetan Kamlakar Adurkar and Vaibhav Arjun Kesarkar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Palghar, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹10.01 Lakh, a decline of 64% compared to the previous year. For the same year it recorded a net loss of ₹32.06 Lakh (net margin -320.3%) and EBITDA of -₹32.06 Lakh (EBITDA margin -320.3%). Revenue has declined at a compounded annual rate (CAGR) of 67% over three years and 69% over five years.
As per MCA filings, the company has open charges of ₹118.13 Cr and satisfied charges of ₹40 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Nice Texcot Trading & Agency Private Limited's registered office is in Palghar, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. 27 01st Floor Krisha Arcade Building No.. 11, Yashwant Shrusti Khaira, Palghar, Maharashtra, India – 401501
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Nice Texcot Trading & Agency 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
Financials of Nice Texcot Trading & Agency Private Limited
FY 2023 filings availableNice Texcot Trading & Agency Private Limited reported revenue of ₹10.01 Lakh (down 64% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 69% over five years, including a 64% fall in the latest year. EBITDA fell 493% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹32.06 Lakh | ||||
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| Net Profit (PAT) | -₹32.06 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -320.3% | ||||
| Net Profit Margin | -320.3% | ||||
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To see the full financial statements and ratios of Nice Texcot Trading & Agency Private Limited, buy the company report.
Board of directors of Nice Texcot Trading & Agency Private Limited
Nice Texcot Trading & Agency has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chetan Kamlakar Adurkar Also directs: Basuti Sales and Trading Private Limited, NNGD Leasing and Trading Private Limited, Kyal Trading Private Limited and 5 more | Director | 25 Mar 2022 | 4 Years 7 Months | Current |
| Vaibhav Arjun Kesarkar Also directs: R.K.P. Business Concepts Private Limited, Vulcan Express Private Limited, Futurefone Limited and 4 more | Director | 09 Apr 2021 | 5 Years 6 Months | Current |
| Pradeep Madhukar More Also directs: Basuti Sales and Trading Private Limited, NNGD Leasing and Trading Private Limited, Kyal Trading Private Limited and 5 more | Director | 20 May 2022 | 4 Years 5 Months | Current |
Peer comparison
Nice Texcot Trading & Agency Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Comely Fashion India Private Limited | ₹10.08 Lakh (FY 2016) | New Delhi, Delhi, India | ||||
| Shapers Private Limited | ₹10.06 Lakh (FY 2025) | 14.0% | Mumbai, Maharashtra, India | |||
| VMV Infraprojects Private Limited | ₹10.02 Lakh (FY 2025) | -65.0% | Kolkata, West Bengal, India | |||
| Safe Maccs Private Limited | ₹10.01 Lakh (FY 2025) | 4.0% | Eluru, Andhra Pradesh, India | |||
| Nice Texcot Trading & Agency Private Limitedthis company | ₹10.01 Lakh (FY 2023) | -₹32.06 Lakh | -320.3% | -64.0% | Palghar, Maharashtra, India | |
| Ambica Tradexpo Private Limited | ₹10 Lakh (FY 2025) | New Delhi, Delhi, India | ||||
| Daas Couture Private Limited | ₹9.98 Lakh (FY 2021) | -32.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Nice Texcot Trading & Agency Private Limited, buy the company report.
Auditor
Nice Texcot Trading & Agency Private Limited is audited by R. S. Ajwani & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. S. Ajwani & Co. | FY 2022 | 131853W |
Shareholding
The shareholding of Nice Texcot Trading & Agency Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nice Texcot Trading & Agency Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2017 | 100105475 | Others | ₹118.13 Cr | Open | |
| 17 Feb 2018 | 100158981 | Others | ₹40 Cr | Satisfied |
To see the full charge records of Nice Texcot Trading & Agency Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Nice Texcot Trading & Agency Private Limited has 1 court case on record: 1 filed by Nice Texcot Trading & Agency. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Nice Texcot Trading & Agency 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 Nice Texcot Trading & Agency Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nice Texcot Trading & Agency has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Nice Texcot Trading & Agency Private Limited, buy the company report.
Recent activity
Nice Texcot Trading & Agency Private Limited has 14 board changes on record since 2018: 3 appointments and 11 cessations. The latest: Chetan Kamlakar Adurkar ceased to be Additional Director on 30 Sep 2022.
9 earlier events are in the company report.
Frequently asked questions
Nice Texcot Trading & Agency is an active private limited company based in Palghar, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 07 April 2017 (9+ years old) and is registered under CIN U51909MH2017PTC293564.
Nice Texcot Trading & Agency has 3 current directors:
- Chetan Kamlakar Adurkar - Director
- Vaibhav Arjun Kesarkar - Director
- Pradeep Madhukar More - Director
The latest financial statements of Nice Texcot Trading & Agency on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.
No. Nice Texcot Trading & Agency has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Nice Texcot Trading & Agency is U51909MH2017PTC293564. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nice Texcot Trading & Agency has 1 court case on record: 1 filed by the company.
Nice Texcot Trading & Agency was incorporated on 07 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Nice Texcot Trading & Agency by revenue are Comely Fashion India Private Limited, Shapers Private Limited, VMV Infraprojects Private Limited, Safe Maccs Private Limited, Ambica Tradexpo Private Limited and 1 more, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Chetan Kamlakar Adurkar ceased to be Additional Director on 30 Sep 2022. Pradeep Madhukar More ceased to be Additional Director on 30 Sep 2022. Arun Madanlal Agrawal ceased to be Director on 20 May 2022. Nice Texcot Trading & Agency has 14 board changes on record in total.
The registered office of Nice Texcot Trading & Agency is at Shop No. 27 01st Floor Krisha Arcade Building No.. 11, Yashwant Shrusti Khaira, Palghar, Maharashtra, India – 401501.
Nice Texcot Trading & Agency operates in the home and lifestyle industry, in the textile retail and distribution segment.