Nirbhay Knitting Industries Pvt Ltd

Nirbhay Knitting Industries Pvt Ltd - manufacturing in Halol, Gujarat, India. FY 2026 financials & compliance.
CIN U17300GJ1983PTC114181 Incorporated 14 November 1983 ROC Ahmedabad HQ Halol, Gujarat, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2023
₹9.66 Cr
▲ 17% YoY
Net profit · FY 2023
₹19.12 Lakh
Net margin 2%
EBITDA · FY 2023
₹2.05 Cr
EBITDA margin 21.2%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹12.07 Lakh
Issued & subscribed
Open charges
₹4.51 Cr
Satisfied ₹9.09 Cr
Company age
43 yrs
Est. 1983
Employees · EPFO
39
Provident fund records

About Nirbhay Knitting Industries Pvt Ltd

Data last updated:

Nirbhay Knitting Industries Pvt Ltd is a private limited company based in Halol, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 14 November 1983 and has been in existence for over 43 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17300GJ1983PTC114181. Its GSTIN is 24AAACN2284N1ZA (Gujarat). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹12.07 Lakh. It is led by directors including Mamta Rajeev Kamdar (Whole-Time Director) and Madhukanta Rohit Kamdar (Whole-Time Director).

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 81 Noorpura Po Baska Taluka Halol Dist. Panchmahals, Gujarat, India – 389350.

As per the financials filed for FY 2023, the company reported a revenue of ₹9.66 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹19.12 Lakh (net margin 2%) and EBITDA of ₹2.05 Cr (EBITDA margin 21.2%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 10% over five years.

The company has about 39 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Nirbhay Knits. As per MCA filings, the company has open charges of ₹4.51 Cr and satisfied charges of ₹9.09 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.

Nirbhay Knitting Industries Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-17-0000581). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nirbhayknits.com.

Company details

CIN U17300GJ1983PTC114181
Registration Number 114181
Incorporation Date 14 November 1983
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-17-0000581

CIN history

Nirbhay Knitting Industries has one previous CIN (Corporate Identification Number): U17300MH1983PTC031325. The current CIN is U17300GJ1983PTC114181, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U17300GJ1983PTC114181Current
U17300MH1983PTC031325Previous

Recognitions & Rankings of Nirbhay Knitting Industries

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-17-0000581

Contact details

Nirbhay Knitting Industries Pvt Ltd's registered office is in Halol, Gujarat. Its website is nirbhayknits.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    81 Noorpura Po Baska Taluka Halol Dist. Panchmahals, Gujarat, India – 389350
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Nirbhay Knitting Industries Pvt Ltd, buy the company report.

Comprehensive company report
Nirbhay Knitting Industries Pvt Ltd - one report that includes everything
  • 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
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Brands

Nirbhay Knitting Industries operates one associated brand: Nirbhay Knits. Each brand links to its own profile.

BrandDescriptionWebsite
Manufacturing of knitted fabrics and vinyl coating for industrial applications in India.nirbhayknits.com

Financials of Nirbhay Knitting Industries Pvt Ltd

FY 2024 filings available

Nirbhay Knitting Industries Pvt Ltd reported revenue of ₹9.66 Cr (up 17% YoY) for FY 2023.

Revenue · FY 2023
₹9.66 Cr ▲ 17%
Net profit · FY 2023
₹19.12 Lakh margin 2%
EBITDA · FY 2023
₹2.05 Cr margin 21.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 17%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 28%
5 years · compounded
▲ 18%

Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 17% growth in the latest year. EBITDA rose 29% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹9.66 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹2.05 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹19.12 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin21.2%
Net Profit Margin2%
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 Nirbhay Knitting Industries Pvt Ltd, buy the company report.

Board of directors of Nirbhay Knitting Industries Pvt Ltd

Nirbhay Knitting Industries has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mamta Rajeev KamdarWhole-Time Director04 Oct 200521 Years 1 MonthsCurrent
Madhukanta Rohit KamdarWhole-Time Director01 Apr 198838 Years 7 MonthsCurrent
Rajeev Rohit KamdarWhole-Time Director19 May 200125 Years 5 MonthsCurrent

Auditor

Nirbhay Knitting Industries Pvt Ltd is audited by J. R. ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
J. R. ASSOCIATESFY 2023115131W

Shareholding

The shareholding of Nirbhay Knitting Industries Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Nirbhay Knitting Industries Pvt Ltd, buy the company report.

Charges & borrowings

Open charges
₹4.51 Cr
Satisfied charges
₹9.09 Cr
Breakdown by lending institutions
Axis Bank Limited₹4.32 Cr
Hdfc Bank Limited₹0.19 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Jul 2023100762386Axis Bank Limited₹4.32 CrOpen
16 Mar 2023100704111Hdfc Bank Limited₹19.03 LakhOpen
17 Mar 201110279483Hdfc Bank Limited₹1.88 CrSatisfied
28 Feb 201110273841Hdfc Bank Limited₹4.37 CrSatisfied
31 Mar 200910155360Bank of Baroda₹32.5 LakhSatisfied

To see the full charge records of Nirbhay Knitting Industries Pvt Ltd, buy the company report.

Total charge records: 13 View all charges

MSME payment delays

Nirbhay Knitting Industries Pvt Ltd has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 4 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (1 of 1)

SupplierAmount dueDue sinceReported on
Swastik Textile Engineers Private Limited

To see the full MSME payment records of Nirbhay Knitting Industries Pvt Ltd, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Nirbhay Knitting Industries Pvt Ltd has a workforce of 39 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.

Employee count
39
Active EPFO establishments
1
Employee growth
-2.5%

GST

Nirbhay Knitting Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
24AAACN2284N1ZAGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Nirbhay Knitting Industries Pvt Ltd, buy the company report.

Recent activity

Nirbhay Knitting Industries Pvt Ltd has 5 board changes on record since 1988: 3 appointments and 2 cessations. The latest: Madhukanta Rohit Kamdar ceased to be Director on 01 Oct 2013.

AGM
Nirbhay Knitting Industries Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Nirbhay Knitting Industries Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Axis Bank Limited amounted to Rs. 431.93 Lakh with Charge ID 100762386 was registered on 29 Jul 2023.
Charges
A charge registered on 17 Mar 2011 via Charge ID 10279483 with Hdfc Bank Limited was fully satisfied on 19 Jul 2023.
Charges
A charge registered on 28 Feb 2011 via Charge ID 10273841 with Hdfc Bank Limited was fully satisfied on 19 Jul 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 19.03 Lakh with Charge ID 100704111 was registered on 16 Mar 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 436.83 Lakh registered on 28 Feb 2011 with Charge ID 10273841 was modified on 24 May 2022.
Ceased
Madhukanta Rohit Kamdar ceased to be Director.
Ceased
Rajeev Rohit Kamdar ceased to be Director.
Charges
A charge registered on 21 Mar 2007 via Charge ID 10323221 with Bank Of Baroda was fully satisfied on 27 Apr 2012.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 187.74 Lakh with Charge ID 10279483 was registered on 17 Mar 2011.
Charges
A charge registered on 31 Mar 2009 via Charge ID 10155360 with Bank Of Baroda was fully satisfied on 10 Mar 2011.

26 earlier events are in the company report.

Frequently asked questions

Nirbhay Knitting Industries is an active private limited company based in Halol, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 14 November 1983 (43+ years old) and is registered under CIN U17300GJ1983PTC114181.

Nirbhay Knitting Industries has 3 current directors:

The latest financial statements of Nirbhay Knitting Industries 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 Nirbhay Knitting Industries is 24AAACN2284N1ZA, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Nirbhay Knitting Industries is U17300GJ1983PTC114181. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Nirbhay Knitting Industries has 1 court case on record: 1 filed by the company.

Nirbhay Knitting Industries was incorporated on 14 November 1983, making it 43+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Madhukanta Rohit Kamdar ceased to be Director on 01 Oct 2013. Rajeev Rohit Kamdar ceased to be Director on 01 Oct 2013. Mamta Rajeev Kamdar was appointed as Whole-Time Director on 04 Oct 2005. Nirbhay Knitting Industries has 5 board changes on record in total.

Yes, Nirbhay Knitting Industries is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-17-0000581).

Nirbhay Knitting Industries has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 4 overdue payments to 1 micro and small supplier. The latest return was filed on 08 Apr 2023.

Nirbhay Knitting Industries can be reached through the website nirbhayknits.com. Its registered office is in Halol, Gujarat, India.