Nirav Commercials Limited - Company Profile

Q: Who are the current directors of Nirav Commercials Limited?

The current directors of Nirav Commercials Limited are Lalit Kumar Daga, Girish Kumar Agrawal, Santosh Mundhra, Raghav Daga, Amey Ashok Borkar, Navinchandra Himchand Shah.

It is a manufacturing public limited company based in Mumbai, Maharashtra, India, established in 1985.

1985 Mumbai, Maharashtra, India Active

Last Updated: January 08, 2026

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About Nirav Commercials Limited

Nirav Commercials Limited, a active public limited company, was established on 27 June 1985 in Mumbai, Maharashtra, India. Engaging in construction materials within the manufacturing sector, it holds CIN: L51900MH1985PLC036668. Registered under ROC Roc Mumbai. it is listed on BSE: 512425. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹3.92 M.

It upholds a compliant status. In 2023, it reported revenue of ₹10.51 Cr and a net worth of ₹29.13 Cr. Employing 10 professional, Its leadership includes Lalit Kumar Daga (Director), Santosh Mundhra (Director), Raghav Daga (Managing Director). Past directors included Sudhir Goel, Shailesh Daga, Lalit Kumar Daga. It holds ₹3.49 Cr open charges and no settled loans. Its latest AGM occurred on 02 September 2025, with the balance sheet filed on 31 March 2025. It is based at B-1, Tulsi Vihar, Dr. Ab Road, Worli Naka, Mumbai, Maharashtra, 400018.

Company Details

CIN/LLPIN
L51900MH1985PLC036668
Registration Number
036668
Incorporation Date
27 June 1985
Authorized Capital
₹2.00 Cr
Paid-Up Capital
₹3.92 M
ROC Code
Roc Mumbai
Listing Status
Listed (BSE: 512425)
Company Status
Active

Key Metrics

Authorised Capital ₹ 2.00 Cr as on 08-01-2026
Paid Up Capital ₹ 3.92 M as on 08-01-2026
Company Age 40 Year, 7 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 3.49 Cr as on 08-01-2026
Revenue Growth **** -11.59% (FY 2023)
Profit Growth **** -53.43% (FY 2023)
Ebitda **** 242.87% (FY 2023)
Net Worth 2.11% (FY 2023)
Total Assets **** 4.41% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Nirav Commercials 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 Nirav Commercials Limited?

Current Directors

Name	Designation	Appointment Date	Status
Lalit Kumar Daga	Director	10 Jul 1996	Current
Santosh Mundhra	Director	29 Nov 2018	Current
Raghav Daga	Managing Director	29 Nov 2018	Current
Navinchandra Himchand Shah	Director	30 May 2017	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	29 Nov 2018	Past
Pramod Abcsdd	Director	29 Nov 2018	Past
Pramod Abcsdd	Director	29 May 2014	Past
Pramod Abcsdd	Additional Director	17 Sep 2019	Past
Pramod Abcsdd	Director	29 Nov 2018	Past
Pramod Abcsdd	Cfo	19 Jul 2019	Past

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Financial Performance of Nirav Commercials.

Nirav Commercials Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.59% decrease. The company also saw a substantial fall in profitability, with a 53.43% decrease in profit. The company's net worth moved up by a moderate rise of 2.11%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

-11.59%

*******

Revenue from Operations

*******

-13.28%

*******

Total Assets

*******

4.41%

*******

Profit or Loss

*******

-53.43%

*******

Net Worth

*******

2.11%

*******

EBITDA

*******

242.87%

*******

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What is the Ownership and Shareholding Structure of Nirav Commercials?

In 2023, Nirav Commercials had a promoter holding of 51.95% and a public holding of 48.06%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹34,907,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

Hdfc Bank Limited : 3.23 Cr
State Bank Of India : 0.26 Cr

Latest Charge Details

Date	Lender	Amount	Status
17 Aug 2023	Hdfc Bank Limited	₹3.00 Cr	Open
29 May 2023	Hdfc Bank Limited	₹2.31 M	Open
18 Jan 2002	State Bank Of India	₹2.60 M	Open

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How Many Employees Work at Nirav Commercials?

Nirav Commercials has a workforce of 10 employees as of Apr 05, 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 Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Nirav Commercials, 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 Nirav Commercials's trajectory.

Rating

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

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.

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Latest Updates, News, and FAQs on Nirav Commercials

Recent Activity within the Organization

Annual General Meeting

Progress on Nirav Commercials Limited last Annual general meeting of members was held on 02 Sep 2025 as per latest MCA records. was documented.
02 Sep 2025
Balance Sheet

Nirav Commercials Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.
31 Mar 2025
Charges

A charge with Hdfc Bank Limited of Rs. 3.00 Cr registered on 17 Aug 2023 with Charge ID 100785722 was modified on 30 Oct 2023. was recorded as a recent event.
30 Oct 2023
Charges

Progress on A charge with Hdfc Bank Limited amounted to Rs. 3.00 Cr with Charge ID 100785722 was registered on 17 Aug 2023. was documented.
17 Aug 2023
Charges

The activity A charge with Hdfc Bank Limited amounted to Rs. 0.23 Cr with Charge ID 100739111 was registered on 29 May 2023. was completed.
29 May 2023
Director Appointment

Progress on Girish Kumar Agrawal was appointed as a CFO was appointed as a CFO on 14 Aug 2019 & has been associated with this company since 6 years 5 months . was documented.
14 Aug 2019

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