MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-DL-11-0007409
Nicetel Electronic Private Limited
Nicetel Electronic Private Limited - consumer electronics & durables in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2019
₹3.29 Cr
▼ 32% YoY
Net profit · FY 2019
₹17.12 Lakh
Net margin 5.2%
EBITDA · FY 2019
₹36.6 Lakh
EBITDA margin 11.1%
Authorised capital
₹26 Lakh
Registered with MCA
Paid-up capital
₹25.28 Lakh
Issued & subscribed
Open charges
₹33.48 Cr
Secured borrowings
Company age
26 yrs
Est. 2000
Directors on board
2
As per MCA filings
About Nicetel Electronic Private Limited
Data last updated:
Nicetel Electronic Private Limited is a private limited company based in Delhi, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 29 May 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U32109DL2000PTC105950. Its GSTIN is 07AABCN0753F1ZS (Delhi). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹26 Lakh and a paid-up capital of ₹25.28 Lakh. It is led by directors Om Parkash Banga and Kiran Banga.
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 J – 9/32 Ground Floor Rajouri Garden, Delhi, India – 110027.
As per the financials filed for FY 2019, the company reported a revenue of ₹3.29 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹17.12 Lakh (net margin 5.2%) and EBITDA of ₹36.6 Lakh (EBITDA margin 11.1%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹33.48 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Nicetel Electronic Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-11-0007409). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U32109DL2000PTC105950
Registration Number 105950
Incorporation Date 29 May 2000
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-DL-11-0007409
Recognitions & Rankings of Nicetel Electronic
Contact details
Nicetel Electronic Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressJ – 9/32 Ground Floor Rajouri Garden, Delhi, India – 110027
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Nicetel Electronic Private Limited, buy the company report.
Comprehensive company report
Nicetel Electronic 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
Business activity
The main business activity of Nicetel Electronic 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 Nicetel Electronic Private Limited, buy the company report.
Financials of Nicetel Electronic Private Limited
FY 2019 filings availableNicetel Electronic Private Limited reported revenue of ₹3.29 Cr (down 32% YoY) for FY 2019.
Revenue · FY 2019
₹3.29 Cr ▼ 32%
Net profit · FY 2019
₹17.12 Lakh margin 5.2%
EBITDA · FY 2019
₹36.6 Lakh margin 11.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 32%
3 years · compounded
▼ 43%
5 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▼ 36%
3 years · compounded
▼ 59%
5 years · compounded
▼ 33%
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 32% fall in the latest year. EBITDA fell 36% 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 | ₹3.29 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹36.6 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.12 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.1% | ||||
| Net Profit Margin | 5.2% | ||||
| 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 Nicetel Electronic Private Limited, buy the company report.
Board of directors of Nicetel Electronic Private Limited
Nicetel Electronic has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiran Banga Also directs: Banga Ceramics Private Limited, Banga Electronics Private Limited | Additional Director | 31 Jul 2019 | 7 Years 2 Months | Current |
| Om Parkash Banga Also directs: Banga Brothers Private Limited, Banga Ceramics Private Limited, Banga Electronics Private Limited and 1 more | Director | 29 May 2000 | 26 Years 4 Months | Current |
Peer comparison
Nicetel Electronic Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances 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 |
|---|---|---|---|---|---|---|
| Somansh Culinary Private Limited | ₹3.31 Cr (FY 2024) | -29.0% | Kolkata, West Bengal, India | |||
| Nicetel Electronic Private Limitedthis company | ₹3.29 Cr (FY 2019) | ₹17.12 Lakh | 5.2% | -32.0% | Delhi, India | |
| Shaffer Energy Private Limited | ₹3.28 Cr (FY 2025) | -33.0% | New Delhi, Delhi, India | |||
| Ensa Environics Private Limited | ₹3.28 Cr (FY 2024) | 39.0% | Telangana, India | |||
| LN Tools Private Limited | ₹3.28 Cr (FY 2024) | -27.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Nicetel Electronic Private Limited, buy the company report.
Auditor
Nicetel Electronic Private Limited is audited by S P G ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S P G ASSOCIATES | FY 2019 | 011217N |
Shareholding
The shareholding of Nicetel Electronic 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 2018 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Nicetel Electronic Private Limited, buy the company report.
Charges & borrowings
Open charges
₹33.48 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jun 2021 | 100466798 | Hdfc Bank Limited | ₹10 Cr | Open | |
| 31 Jan 2015 | 10555753 | Bajaj Finance Limited | ₹16.5 Cr | Open | |
| 29 Nov 2011 | 10320087 | Icici Bank Limited | ₹5.3 Cr | Open | |
| 30 Jun 2008 | 10117529 | Icici Home Finance Company Limited | ₹93 Lakh | Open | |
| 10 Jan 2005 | 90051217 | Bank of Punjab Ltd. | ₹75 Lakh | Open |
Total charge records: 5 View all charges
Legal cases
Nicetel Electronic Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Civil suit | Filed against the company by State | Disposed |
To see the full case history of Nicetel Electronic 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 Nicetel Electronic Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nicetel Electronic has 4 GST registrations: 1 active and 3 cancelled or inactive.
Total GSTINs
4
Active
1
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCN0753F1ZS | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nicetel Electronic Private Limited, buy the company report.
Recent activity
Nicetel Electronic Private Limited has 5 board changes on record since 2000: 2 appointments and 3 cessations. The latest: Kiran Banga was appointed as Additional Director on 31 Jul 2019.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,000.00 Lakh with Charge ID 100466798 was registered on 21 Jun 2021.
AGM
Nicetel Electronic Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Appointed
Kiran Banga was appointed as Additional Director.
Ceased
Vinod Kumar Banga ceased to be Director.
Filing
Nicetel Electronic Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Delhi Ii.
Charges
A charge with Bajaj Finance Limited amounted to Rs. 1,650.00 Lakh with Charge ID 10555753 was registered on 31 Jan 2015.
Ceased
Bharat Banga ceased to be Director.
Charges
A charge with Icici Bank Limited amounted to Rs. 530.00 Lakh with Charge ID 10320087 was registered on 29 Nov 2011.
Ceased
Ramesh Lal Sahi ceased to be Director.
Charges
A charge with Icici Home Finance Company Limited amounted to Rs. 93.00 Lakh with Charge ID 10117529 was registered on 30 Jun 2008.
Charges
A charge with Bank Of Punjab Ltd. amounted to Rs. 75.00 Lakh with Charge ID 90051217 was registered on 10 Jan 2005.
Appointed
Om Parkash Banga was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Nicetel Electronic is an active private limited company based in Delhi, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 29 May 2000 (26+ years old) and is registered under CIN U32109DL2000PTC105950.
Nicetel Electronic has 2 current directors:
- Kiran Banga - Additional Director
- Om Parkash Banga - Director
The latest financial statements of Nicetel Electronic 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 GSTIN of Nicetel Electronic is 07AABCN0753F1ZS, registered in Delhi. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Nicetel Electronic is U32109DL2000PTC105950. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nicetel Electronic has 1 court case on record: 1 filed against it.
Nicetel Electronic was incorporated on 29 May 2000, making it 26+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Nicetel Electronic by revenue are Somansh Culinary Private Limited, Shaffer Energy Private Limited, Ensa Environics Private Limited, LN Tools Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Kiran Banga was appointed as Additional Director on 31 Jul 2019. Vinod Kumar Banga ceased to be Director on 31 Jul 2019. Bharat Banga ceased to be Director on 31 Mar 2014. Nicetel Electronic has 5 board changes on record in total.
Yes, Nicetel Electronic is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-11-0007409).
The registered office of Nicetel Electronic is at J – 932 Ground Floor Rajouri Garden, Delhi, India – 110027.