About Nippon Distributors Private Limited
Data last updated:
Nippon Distributors Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 06 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51109GJ2007PTC078024. Its GSTIN is 24AACCG8007A1Z9 (Gujarat).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24.85 Lakh. It was formerly known as Gravity Tie-Up Private Limited. It is led by directors including Divyaben Ketanbhai Thakkar and Ketanbhai Rameshchandra Thakkar.
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 B – 101 West Gate Near Ymca Club Sarkhej – Gandhinagar Highway, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.45 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹1.15 Lakh (net margin 0.2%) and EBITDA of ₹4.73 Lakh (EBITDA margin 0.9%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years.
As per MCA filings, the company has open charges of ₹1.49 Cr and satisfied charges of ₹5 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nipponply.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressB – 101 West Gate Near Ymca Club Sarkhej – Gandhinagar Highway, Ahmedabad, Gujarat, India – 380015
- IndustryTrading, Other Wholesale, Wholesale
- 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
- One PDF report, delivered after checkout
Business Activity of Nippon Distributors Private Limited
The main business activity of Nippon Distributors is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Nippon Distributors Private Limited FY 2024 filings available
Nippon Distributors Private Limited reported revenue of ₹5.45 Cr (up 38% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Nippon Distributors Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 13% over three years, including 38% growth in the latest year. EBITDA fell 32% 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 of Nippon Distributors Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹4.73 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.15 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 of Nippon Distributors Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Nippon Distributors are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Nippon Distributors Private Limited
Nippon Distributors Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Wholesale Trading). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bestco Cables Private Limited | ₹5.45 Cr (FY 2025) | •••• | •••• | -61.0% | •••• | Haridwar, Uttarakhand, India |
| Kaygee Processors Private Limited | ₹5.45 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | New Delhi, Delhi, India |
| Nirman Bio Pharma Private Limited | ₹5.45 Cr (FY 2024) | •••• | •••• | 230.0% | •••• | Delhi, India |
| Rajpal Distributors Private Limited | ₹5.45 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Udaipur, Rajasthan, India |
| Neha Elecon Services Private Limited | ₹5.45 Cr (FY 2022) | •••• | •••• | 8.0% | •••• | Pune, Maharashtra, India |
| Nippon Distributors Private Limited this company | ₹5.45 Cr (FY 2024) | •••• | •••• | 38.0% | •••• | Ahmedabad, Gujarat, India |
| Advanced Micro Services Private Limited | ₹5.45 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Bangalore, Karnataka, India |
| Ketti Valley Tea India Private Limited | ₹5.44 Cr (FY 2025) | •••• | •••• | 440.0% | •••• | Tamil Nadu, India |
| Dial Batteries Private Limited | ₹5.44 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Howrah, West Bengal, India |
| Shree Surya Grani Marmo Private Limited | ₹5.44 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Kishangarh, Rajasthan, India |
| Amitron Digitech Private Limited | ₹5.44 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Indore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Nippon Distributors by revenue in the same principal business activity (Wholesale Trading), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Nippon Distributors Private Limited
Nippon Distributors Private Limited is audited by DANG AND ASSOCIATES LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DANG AND ASSOCIATES LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Nippon Distributors Private Limited
Nippon Distributors has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Divyaben Ketanbhai Thakkar | Director | 23 Sep 2009 | 17 Years 0 Months | Current |
| Ketanbhai Rameshchandra Thakkar Also directs: Nipponply Industries Private Limited | Director | 23 Sep 2009 | 17 Years 0 Months | Current |
| Smit Ketan Thakkar Also directs: Nipponply Industries Private Limited | Director | 13 Dec 2018 | 7 Years 9 Months | Current |
Ownership and Shareholding of Nippon Distributors Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Nippon Distributors Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Apr 2025 | State Bank of India | ₹1.49 Cr | Open |
| 24 Feb 2016 | Others | ₹5 Lakh | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Nippon Distributors Private Limited
Employment history and EPFO contributions of people linked to Nippon Distributors.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Nippon Distributors Private Limited
Nippon Distributors has one previous CIN (Corporate Identification Number): U51109WB2007PTC113945. The current CIN is U51109GJ2007PTC078024, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51109GJ2007PTC078024 | Current |
| U51109WB2007PTC113945 | Previous |
Recent Activity on Nippon Distributors Private Limited
Nippon Distributors Private Limited has 7 board changes on record since 2009: 3 appointments and 4 cessations. The latest: Smit Ketan Thakkar was appointed as Director on 13 Dec 2018.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Nippon Distributors Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Nippon Distributors Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Nippon Distributors Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Nippon Distributors Private Limited
Nippon Distributors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCG8007A1Z9 | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Nippon Distributors Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Nippon Distributors Private Limited
Nippon Distributors is an active private limited company based in Ahmedabad, Gujarat, India. The company works in other wholesale, within the trading industry. It was incorporated on 06 March 2007 (19+ years old) and is registered under CIN U51109GJ2007PTC078024.
Nippon Distributors reported revenue of ₹5.45 Cr for FY 2024 (up 38% YoY).
Nippon Distributors has 3 current directors:
- Divyaben Ketanbhai Thakkar - Director
- Ketanbhai Rameshchandra Thakkar - Director
- Smit Ketan Thakkar - Director
Nippon Distributors reported a net profit of ₹1.15 Lakh (net margin 0.2%) and EBITDA of ₹4.73 Lakh (EBITDA margin 0.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nippon Distributors is 13% over three years. In the latest year (FY 2024) revenue rose 38%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nippon Distributors is 24AACCG8007A1Z9, registered in Gujarat.
The CIN (Corporate Identification Number) of Nippon Distributors is U51109GJ2007PTC078024. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nippon Distributors was incorporated on 06 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Nippon Distributors by revenue are Bestco Cables Private Limited, Kaygee Processors Private Limited, Nirman Bio Pharma Private Limited, Rajpal Distributors Private Limited, Neha Elecon Services Private Limited and 5 more, all in the same principal business activity (Wholesale Trading).
Smit Ketan Thakkar was appointed as Director on 13 Dec 2018. Shreerang Choudhary ceased to be Director on 15 Nov 2009. Shyam Sunder Choudhary ceased to be Director on 15 Nov 2009. Nippon Distributors has 7 board changes on record in total.
Nippon Distributors can be reached through the website nipponply.in. Its registered office is in Ahmedabad, Gujarat, India.