Nirav Precision Pvt Ltd
About Nirav Precision Pvt Ltd
Data last updated:
Nirav Precision Pvt Ltd was a private limited company based in Rajkot, Gujarat, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the lifestyle products and accessories manufacturing segment of the home and lifestyle products sector. It was incorporated on 26 May 1995.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U33300GJ1995PTC026090. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at GIDC Aji Shed No C – 1/207/2& C – 60 003, Rajkot, Gujarat, India – 380016.
As per the financials filed for FY 2018, the company reported a revenue of ₹41.48 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹12.67 Lakh (net margin 30.5%) and EBITDA of ₹16.5 Lakh (EBITDA margin 39.8%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years.
The company has about 7 employees on its provident fund (EPFO) records.
Court records list 2 cases involving the company, including 2 filed by the company.
Company details
Contact details
Nirav Precision Pvt Ltd's registered office is in Rajkot, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressGIDC Aji Shed No C – 1/207/2& C – 60 003, Rajkot, Gujarat, India – 380016
- IndustryHome & Lifestyle, Lifestyle Products & Accessories Manufacturing
To see the full contact details of Nirav Precision Pvt Ltd, 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 Nirav Precision is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Nirav Precision Pvt Ltd, buy the company report.
Financials of Nirav Precision Pvt Ltd
FY 2018 filings availableNirav Precision Pvt Ltd reported revenue of ₹41.48 Lakh (up 461% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 36% over three years, including 461% growth in the latest year. EBITDA rose 383% 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 | ||||
| Other Income | ||||
| Total Revenue | ₹41.48 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹16.5 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹12.67 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 39.8% | |||
| Net Profit Margin | 30.5% | |||
| 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 Nirav Precision Pvt Ltd, buy the company report.
Board of directors of Nirav Precision Pvt Ltd
Nirav Precision has 2 former directors on record and no current directors listed.
Auditor
Nirav Precision Pvt Ltd is audited by M J RAIYANI & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M J RAIYANI & CO | FY 2018 | 136499W |
Shareholding
The shareholding of Nirav Precision Pvt Ltd is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Nirav Precision Pvt Ltd, buy the company report.
Legal cases
Nirav Precision Pvt Ltd has 2 court cases on record: 2 filed by Nirav Precision. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Court case (APPLN ESI) | Filed by the company against E. S. I. Corporation, Ahmedabad. and 1 other | Disposed |
| District court, RAJKOT, Gujarat | Court case (APPLN ESI) | Filed by the company against Regional Director Shri E.S.I. Corporation,Ahmedabad | Disposed |
To see the full case history of Nirav Precision Pvt Ltd, 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 Nirav Precision Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nirav Precision Pvt Ltd has a workforce of 7 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Nirav Precision 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 Nirav Precision Pvt Ltd, buy the company report.
Recent activity
Nirav Precision Pvt Ltd has 2 board changes on record since 2019: 0 appointments and 2 cessations. The latest: Bhagvanji Shamji Talaviya ceased to be Director on 20 Feb 2019.
Frequently asked questions
Nirav Precision has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Nirav Precision was a private limited company based in Rajkot, Gujarat, India. The company worked in lifestyle products and accessories manufacturing, within the home and lifestyle industry. It was incorporated on 26 May 1995 and is registered under CIN U33300GJ1995PTC026090. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Nirav Precision is U33300GJ1995PTC026090. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nirav Precision was incorporated on 26 May 1995. It is registered with the Registrar of Companies, Ahmedabad.
The registered office of Nirav Precision is at GIDC Aji Shed No C – 12072& C – 60 003, Rajkot, Gujarat, India – 380016.
The latest financial statements of Nirav Precision on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. Nirav Precision has 1 GST registration on record and it is cancelled or inactive.
Nirav Precision operated in the home and lifestyle industry, in the lifestyle products and accessories manufacturing segment.
Nirav Precision has 2 court cases on record: 2 filed by the company.
Bhagvanji Shamji Talaviya ceased to be Director on 20 Feb 2019. Mahendrabhai Shamjibhai Talaviya ceased to be Director on 20 Feb 2019.