About Nimitta Petrochem Private Limited
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Nimitta Petrochem Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 26 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U23109MH2012PTC239099. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was formerly known as Nimitta Engineering Private Limited. It is led by directors Nitin Satish Mittal and Varun Anandprakash Goel.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Flat No. 401 Vishwa Siyona Plot – 143 Sector – 23 Ulwe, Navi Mumbai, Maharashtra, India – 410206.
As per the financials filed for FY 2018, the company reported a revenue of ₹2.65 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹14,813 (net margin 0.1%) and EBITDA of ₹16.19 Lakh (EBITDA margin 6.1%). Revenue has grown at a compounded annual rate (CAGR) of 75% over three years.
As per MCA filings, the company has open charges of ₹1.5 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website nimittatrading.com.
Company details
CIN history
Nimitta Petrochem has one previous CIN (Corporate Identification Number): U31908MH2012PTC239099. The current CIN is U23109MH2012PTC239099, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U23109MH2012PTC239099 | Current |
| U31908MH2012PTC239099 | Previous |
Contact details
Nimitta Petrochem Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is nimittatrading.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressFlat No. 401 Vishwa Siyona Plot – 143 Sector – 23 Ulwe, Navi Mumbai, Maharashtra, India – 410206
- IndustryChemicals and Materials, Petrochemicals & Derivatives
To see the full contact details of Nimitta Petrochem 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 Nimitta Petrochem 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 Nimitta Petrochem Private Limited, buy the company report.
Financials of Nimitta Petrochem Private Limited
FY 2018 filings availableNimitta Petrochem Private Limited reported revenue of ₹2.65 Cr (up 568% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 75% over three years, including 568% growth 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹2.65 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹16.19 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹14,813 | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 6.1% | |||
| Net Profit Margin | 0.1% | |||
| 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 Nimitta Petrochem Private Limited, buy the company report.
Board of directors of Nimitta Petrochem Private Limited
Nimitta Petrochem has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Satish Mittal | Director | 26 Dec 2012 | 13 Years 10 Months | Current |
| Varun Anandprakash Goel | Director | 17 Apr 2017 | 9 Years 6 Months | Current |
Peer comparison
Nimitta Petrochem Private Limited is compared with the 3 companies closest to it by revenue in the Chemicals industry (Petrochemicals), 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 |
|---|---|---|---|---|---|---|
| Laxmi Oil Company Pvt. Ltd. | ₹2.72 Cr (FY 2024) | -22.0% | Kolkata, West Bengal, India | |||
| Nimitta Petrochem Private Limitedthis company | ₹2.65 Cr (FY 2018) | ₹14,813 | 0.1% | 568.0% | Navi Mumbai, Maharashtra, India | |
| Lubesolutions Private Limited | ₹2.63 Cr (FY 2025) | 23.0% | Hyderabda, Telangana, India | |||
| Shree Sawariya Petrochem Private Limited | ₹2.62 Cr (FY 2024) | -1.0% | Pardi, Gujarat, India |
To see the full peer comparison of Nimitta Petrochem Private Limited, buy the company report.
Shareholding
The shareholding of Nimitta Petrochem Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Nimitta Petrochem Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jun 2017 | 100113733 | Others | ₹1.5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Nimitta Petrochem 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 Nimitta Petrochem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nimitta Petrochem has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Nimitta Petrochem Private Limited, buy the company report.
Recent activity
Nimitta Petrochem Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Varun Anandprakash Goel ceased to be Additional Director on 29 Sep 2017.
Frequently asked questions
Nimitta Petrochem is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 26 December 2012 (14+ years old) and is registered under CIN U23109MH2012PTC239099.
Nimitta Petrochem has 2 current directors:
- Nitin Satish Mittal - Director
- Varun Anandprakash Goel - Director
The latest financial statements of Nimitta Petrochem on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
No. Nimitta Petrochem has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Nimitta Petrochem is U23109MH2012PTC239099. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nimitta Petrochem was incorporated on 26 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Nimitta Petrochem by revenue are Laxmi Oil Company Pvt. Ltd, Lubesolutions Private Limited, Shree Sawariya Petrochem Private Limited, all in the Chemicals industry (Petrochemicals), with the same principal business activity (wholesale trading).
Varun Anandprakash Goel ceased to be Additional Director on 29 Sep 2017. Rima Nitin Mittal ceased to be Director on 17 Apr 2017. Varun Anandprakash Goel was appointed as Director on 17 Apr 2017. Nimitta Petrochem has 4 board changes on record in total.
Nimitta Petrochem can be reached through the website nimittatrading.com. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Nimitta Petrochem is at Flat No. 401 Vishwa Siyona Plot – 143 Sector – 23 Ulwe, Navi Mumbai, Maharashtra, India – 410206.
Nimitta Petrochem operates in the chemicals and materials industry, in the petrochemicals and derivatives segment.
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