Nimo Fashions Private Limited
About Nimo Fashions Private Limited
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Nimo Fashions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 19 January 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18101MH1995PTC084778. Its GSTIN is 27AAACN1540K1ZL (Maharashtra).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹11 Lakh. It is led by directors Mukhtarali Rajabali Varteji and Mehul Kantilal Mota.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 338/340 Hind Rajasthan Bldg95 D P Road Dadar East, Mumbai, Maharashtra, India – 400014.
As per the financials filed for FY 2023, the company reported a revenue of ₹16.28 Lakh, a decline of 85% compared to the previous year. For the same year it recorded a net profit of ₹19,613 (net margin 1.2%) and EBITDA of ₹19,613 (EBITDA margin 1.2%). Revenue has declined at a compounded annual rate (CAGR) of 66% over three years and 53% over five years.
As per MCA filings, the company has open charges of ₹10.4 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Nimo Fashions Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address338/340 Hind Rajasthan Bldg95 D P Road Dadar East, Mumbai, Maharashtra, India – 400014
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Nimo Fashions 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 Nimo Fashions Private Limited
FY 2024 filings availableNimo Fashions Private Limited reported revenue of ₹16.28 Lakh (down 85% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 53% over five years, including a 85% fall in the latest year. EBITDA rose 102% 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 | ₹19,613 | ||||
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| Net Profit (PAT) | ₹19,613 | ||||
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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 | 1.2% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Nimo Fashions Private Limited, buy the company report.
Board of directors of Nimo Fashions Private Limited
Nimo Fashions 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 |
|---|---|---|---|---|
| Mukhtarali Rajabali Varteji | Director | 13 Feb 1995 | 31 Years 8 Months | Current |
| Mehul Kantilal Mota | Director | 01 Aug 2001 | 25 Years 3 Months | Current |
Auditor
Nimo Fashions Private Limited is audited by SUNDERJI GOSAR & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNDERJI GOSAR & CO | FY 2020 | 115543W |
Shareholding
The shareholding of Nimo Fashions Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Nimo Fashions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 1995 | 90212739 | Bank of India | ₹10.4 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Nimo Fashions Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
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, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed against the company by an individual | Disposed |
To see the full case history of Nimo Fashions 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 Nimo Fashions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nimo Fashions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN1540K1ZL | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nimo Fashions Private Limited, buy the company report.
Recent activity
Nimo Fashions Private Limited has 4 board changes on record since 1995: 2 appointments and 2 cessations. The latest: Amit Dilip Mota ceased to be Director on 20 Feb 2022.
Frequently asked questions
Nimo Fashions is an active private limited company based in Mumbai, Maharashtra, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 19 January 1995 (31+ years old) and is registered under CIN U18101MH1995PTC084778.
Nimo Fashions has 2 current directors:
- Mukhtarali Rajabali Varteji - Director
- Mehul Kantilal Mota - Director
The latest financial statements of Nimo Fashions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Nimo Fashions is 27AAACN1540K1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nimo Fashions is U18101MH1995PTC084778. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nimo Fashions has 1 court case on record: 1 filed against it.
Nimo Fashions was incorporated on 19 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Amit Dilip Mota ceased to be Director on 20 Feb 2022. Dilip Kalyanji Mota ceased to be Director on 01 Dec 2015. Mehul Kantilal Mota was appointed as Director on 01 Aug 2001. Nimo Fashions has 4 board changes on record in total.
The registered office of Nimo Fashions is at 338340 Hind Rajasthan Bldg95 D P Road Dadar East, Mumbai, Maharashtra, India – 400014.
Nimo Fashions operates in the fashion and textile industry, in the designer and branded fashion segment.
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