About Nikhil Footwears Private Limited
Data last updated:
Nikhil Footwears Private Limited is a private limited company based in Delhi, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 09 January 1987.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U19201DL1987PTC026643. Its GSTIN is 07AAACN0749A4ZW (Delhi). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹43 Lakh. It is led by directors including Sanjay Bansal and Shiv Nandan Sharma (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 98 Shahzada Bagh Industrial Area Old Rohtak Road, Delhi, India – 110035.
As per the financials filed for FY 2017, the company reported a revenue of ₹166.75 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net loss of ₹7.12 Cr (net margin -4.3%) and EBITDA of ₹6.9 Cr (EBITDA margin 4.1%).
The company has about 176 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1,263.94 Cr and satisfied charges of ₹452.17 Cr on record. Court records list 35 cases involving the company, including 4 filed by the company and 32 filed against it; 8 cases are pending.
The last known website on record is actionshoes.com.
Company details
Contact details
Nikhil Footwears Private Limited's registered office is in Delhi, Delhi. Its website is actionshoes.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address98 Shahzada Bagh Industrial Area Old Rohtak Road, Delhi, India – 110035
- IndustryConsumer Goods, Footwear Manufacturing
To see the full contact details of Nikhil Footwears 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 Nikhil Footwears is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Nikhil Footwears Private Limited, buy the company report.
Financials of Nikhil Footwears Private Limited
FY 2017 filings availableNikhil Footwears Private Limited reported revenue of ₹166.75 Cr (up 26% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 26% in the latest year. EBITDA rose 139% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹166.75 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹6.9 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹7.12 Cr | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 4.1% | ||
| Net Profit Margin | -4.3% | ||
| 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 Nikhil Footwears Private Limited, buy the company report.
Board of directors of Nikhil Footwears Private Limited
Nikhil Footwears has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Bansal | Director | 15 Mar 2016 | 10 Years 7 Months | As last reported |
| Shiv Nandan Sharma | Irp/Rp/Liquidator | 22 Mar 2023 | 3 Years 7 Months | As last reported |
| Naresh Kumar Aggarwal Also directs: Neha Global Trends Private Limited, Navneet Fincap Private Limited | Director | 01 Oct 1996 | 30 Years 1 Months | As last reported |
Peer comparison
Nikhil Footwears Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tirubala International Private Limited | ₹170.95 Cr (FY 2025) | -3.0% | Kanpur, Uttar Pradesh, India | |||
| A-One Footwears Private Limited | ₹167.69 Cr (FY 2025) | 24.0% | Mandawar, Rajasthan, India | |||
| Welcome Shoes Private Limited | ₹166.78 Cr (FY 2025) | -7.0% | Delhi, India | |||
| Nikhil Footwears Private Limitedthis company | ₹166.75 Cr (FY 2017) | -₹7.12 Cr | -4.3% | 26.0% | 176 | Delhi, India |
| Nexgen Footwears Private Limited | ₹164.45 Cr (FY 2025) | -11.0% | New Delhi, Delhi, India | |||
| Lloyd Shoes India Private Limited | ₹153.65 Cr (FY 2025) | -5.0% | Vellore, Tamil Nadu, India | |||
| Roger Industries Limited | ₹152.28 Cr (FY 2025) | 28.0% | Agra, Uttar Pradesh, India |
To see the full peer comparison of Nikhil Footwears Private Limited, buy the company report.
Auditor
Nikhil Footwears Private Limited is audited by Mittal Naveen & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mittal Naveen & Associates | FY 2017 | 028063N |
Shareholding
The shareholding of Nikhil Footwears Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Nikhil Footwears Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2013 | 10456372 | Others | ₹1,248.86 Cr | Open | |
| 26 Feb 2010 | 10203549 | Reliance Capital Ltd | ₹15.08 Cr | Open | |
| 07 Apr 2011 | 10282366 | State Bank of Bikaner and Jaipur | ₹7 Cr | Satisfied | |
| 15 Nov 2010 | 10255109 | State Bank of Bikaner and Jaipur | ₹4.5 Cr | Satisfied | |
| 25 Oct 2007 | 10082343 | State Bank of India | ₹153 Cr | Satisfied |
To see the full charge records of Nikhil Footwears Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Nikhil Footwears Private Limited has 35 court cases on record: 4 filed by Nikhil Footwears, 32 filed against it. 8 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 30 | 27 | 8 |
| NCLT | 3 | 3 | 0 |
| High courts | 1 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sonepat, Haryana | Cheque dishonour complaint | Filed against the company by Bansal Petro Oil Pvt. Ltd. (8920 | Pending |
| District court, West, Delhi | Cheque dishonour complaint | Filed against the company by M/S S J Packaging Private Limited | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Golden Overseas Pvt Ltd | Pending |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by Naresh Kumar Aggarwal, Shareholder of M/S Nikhil Footwears Pvt. Ltd. Shareholder of M/S Footwear Pvt. Ltd. R/O 30-B Road No. 78 West Punjabi Bagh, Punjabi Bagh West Delhi ,New Delhi , Delhi | Disposed |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed by the company against Dipti Ranjan Nath Irp of M/S Nikhil Footwears Pvt. Ltd. R/O 2504, Pioneer CHS Ltd. Opp. to Vartak Nagar Police Station Vartak Nagar Thane ,Thane , Maharashtra and 1 other | Disposed |
To see the full case history of Nikhil Footwears 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.
Credit ratings & regulatory alerts
Nikhil Footwears Private Limited was last rated by Crisil on 07 May 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 07 May 2020 |
To see the full credit ratings and regulatory alerts of Nikhil Footwears Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nikhil Footwears Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nikhil Footwears Private Limited has a workforce of 176 employees on its EPFO records as of Mar 28, 2024, across 2 active EPFO establishments.
GST
Nikhil Footwears has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACN0749A4ZW | Delhi | Active | 22 Aug 2023 |
| 06AAACN0749A1Z1 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nikhil Footwears Private Limited, buy the company report.
Recent activity
Nikhil Footwears Private Limited has 9 board changes on record since 1996: 3 appointments and 6 cessations. The latest: Shiv Nandan Sharma was appointed as Irp/Rp/Liquidator on 22 Mar 2023.
21 earlier events are in the company report.
Frequently asked questions
Nikhil Footwears is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Nikhil Footwears is a company under insolvency, formerly operating as a private limited company based in Delhi, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 09 January 1987 and is registered under CIN U19201DL1987PTC026643. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Nikhil Footwears has 3 current directors:
- Sanjay Bansal - Director
- Naresh Kumar Aggarwal - Director
- Shiv Nandan Sharma - Irp/Rp/Liquidator
The latest financial statements of Nikhil Footwears on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Nikhil Footwears is U19201DL1987PTC026643. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nikhil Footwears has open charges of ₹1,263.94 Cr and satisfied charges of ₹452.17 Cr as per latest MCA filings.
Nikhil Footwears has 35 court cases on record: 4 filed by the company and 32 filed against it. 8 are pending. Most are in the district courts.
Nikhil Footwears was incorporated on 09 January 1987. It is registered with the Registrar of Companies, Delhi.
The peers of Nikhil Footwears by revenue are Tirubala International Private Limited, A-One Footwears Private Limited, Welcome Shoes Private Limited, Nexgen Footwears Private Limited, Lloyd Shoes India Private Limited and 1 more, all in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (textile, leather and other apparel products).
Shiv Nandan Sharma was appointed as Irp/Rp/Liquidator on 22 Mar 2023. Naresh Kumar Aggarwal ceased to be Director on 01 May 2021. Sanjay Bansal ceased to be Additional Director on 30 Sep 2016. Nikhil Footwears has 9 board changes on record in total.
Nikhil Footwears can be reached through the website actionshoes.com. Its registered office is in Delhi, India.
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