Nirani Sugars Limited Company Logo

Nirani Sugars Limited - Company Profile

It is a agriculture public limited company based in Na, Karnataka, India, established in 1995.

1995 | Na, Karnataka, India | Amalgamated
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About Nirani Sugars Limited

Nirani Sugars Limited, a amalgamated public limited company, was established on 06 December 1995 in Na, Karnataka, India. Engaging in sugar processing within the manufacturing sector, it holds CIN: U15421KA1995PLC019340. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹200.00 Cr and a paid-up capital of ₹187.57 Cr.

Formerly known as Nirani Sugars Private Limited. It upholds a compliant status. Employing 985 professional, Its leadership includes Kamala Murigeppa Nirani (Director), Bhagawandas Mukundas Jaju (Director), Venkatachalam Balasubramanian (Nominee Director). Past directors included Murgesh Rudrappa Nirani, Hanumant Rudrappa Nirani, Paras Mal Bhansali. It holds no open charges and ₹1,742.47 Cr settled loans. Its latest AGM occurred on 30 September 2022, with the balance sheet filed on 31 March 2022. It is based at Kulali Cross, Jamkhandi,Mudhol, Dist.Bagalkot. Mudhol, Dist.Bagalkot., Na, Karnataka.

Company Details

  • CIN/LLPIN

    U15421KA1995PLC019340

  • Registration Number

    019340

  • Incorporation Date

    06 December 1995

  • Authorized Capital

    ₹200.00 Cr

  • Paid-Up Capital

    ₹187.57 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Amalgamated

Key Indicators

  • Authorised Capital ₹ 200.00 Cr
  • Paid Up Capital ₹ 187.57 Cr
  • Company Age 29 Year, 11 Months
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 1,742.47 Cr
  • Revenue Growth 41.24%
  • Profit Growth 87.55%
  • Ebitda 3.35%
  • Net Worth 6.23%
  • Total Assets 14.78%
Company report

Nirani Sugars Limited

Company Report FY 2025-2026

Explore comprehensive insights into Nirani Sugars Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Nirani Sugars Limited?

Current Directors

NameDesignationAppointment DateStatus
Kamala Murigeppa NiraniDirector20 Jun 2005Current
Bhagawandas Mukundas JajuDirector01 Mar 2016Current
Venkatachalam BalasubramanianNominee Director18 May 2007Current
Vikram Dattatray KakadeCfo01 Feb 2020Current
Mallikarjun Bhimappa DyaberiDirector15 Mar 2016Current
Vijay Murugesh NiraniManaging Director25 Jan 2016Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddManaging Director31 May 2008Past
Pramod AbcsddDirector01 Jun 2019Past
Pramod AbcsddCompany Secretary-Past
Pramod AbcsddWhole-Time Director16 Jan 2020Past

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Financial Performance of Nirani Sugars.

Nirani Sugars Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 41.24% increase. The company also saw a substantial improvement in profitability, with a 87.55% increase in profit. The company's net worth moved up by a moderate rise of 6.23%.

Nirani Sugars revenue growth over time
Nirani Sugars profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
41.24%
Revenue from Operations
40.91%
Total Assets
14.78%
Profit or Loss
87.55%
Net Worth
6.23%
EBITDA
3.35%

What is the Ownership and Shareholding Structure of Nirani Sugars?

In 2022, Nirani Sugars had a promoter holding of 6.13% and a public holding of 93.87%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹17,424,650,000.00

Charges Breakdown by Lending Institutions

  • Bank Of India : 927.78 Cr
  • Others : 409.06 Cr
  • Idbi Bank Limited : 120.00 Cr
  • Indian Renewable Energy Development Agency Limited : 109.80 Cr
  • The Karnataka State Cooperative Apex Bank Limited : 65.33 Cr
  • Others : 110.50 Cr

Latest Charge Details

DateLenderAmountStatus
23 Mar 2022Others₹232.66 CrSatisfied
07 Oct 2020Others₹176.40 CrSatisfied
30 Aug 2019Bank Of India₹116.00 CrSatisfied
25 Jul 2019Bank Of India₹40.00 CrSatisfied
28 Sep 2018Idbi Bank Limited₹40.00 CrSatisfied

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How Many Employees Work at Nirani Sugars?

Nirani Sugars has a workforce of 985 employees as of Aug 17, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Nirani Sugars Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nirani Sugars, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Nirani Sugars's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Nirani Sugars

Recent Activity within the Organization

  • Charges

    A charge registered on 25 Jul 2019 via Charge ID 100295375 with Bank Of India was fully satisfied on 28 Dec 2023. was recorded as a recent event.

  • Charges

    A charge registered on 27 Dec 2013 via Charge ID 10471585 with Bank Of India was fully satisfied on 28 Dec 2023. was recorded as a recent event.

  • Charges

    A charge registered on 29 Jul 2013 via Charge ID 10444700 with Bank Of India was fully satisfied on 28 Dec 2023. was recorded as a recent event.

  • Charges

    The activity A charge registered on 21 Aug 2010 via Charge ID 10248176 with Bank Of India was fully satisfied on 28 Dec 2023. was completed.

  • Charges

    A charge registered on 03 Apr 2009 via Charge ID 10158741 with Bank Of India was fully satisfied on 28 Dec 2023. was recorded as a recent event.

  • Charges

    A charge registered on 30 Mar 2017 via Charge ID 100093350 with Bank Of India was fully satisfied on 28 Nov 2023. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Nirani Sugars Limited?

    The CIN of Nirani Sugars Limited is U15421KA1995PLC019340.

  • Where is Nirani Sugars Limited headquartered?

    Nirani Sugars Limited is headquartered at Kulali Cross, Jamkhandi,Mudhol, Dist.Bagalkot. Mudhol, Dist.Bagalkot., Na, Karnataka.

  • When was Nirani Sugars Limited incorporated?

    Nirani Sugars Limited was incorporated on 06 December 1995.

  • Who are the current directors of Nirani Sugars Limited?

    The current directors of Nirani Sugars Limited are

  • What is the primary industry of Nirani Sugars Limited?

    The primary industry of Nirani Sugars Limited is Manufacturing.

  • Is Nirani Sugars Limited a listed company?

    Nirani Sugars Limited is unlisted.

  • What is the capital structure of Nirani Sugars Limited?

    The authorized capital of Nirani Sugars Limited is ₹200.00 Cr, and the paid-up capital is ₹187.57 Cr.

  • What is the compliance status of Nirani Sugars Limited?

    The compliance status of Nirani Sugars Limited is Compliant.

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