MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0075336
Nirbhay Organics Private Limited
Nirbhay Organics Private Limited - chemicals and materials in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.25 Cr
▼ 84% YoY
Net loss · FY 2024
₹1.65 Cr
Net margin -131.6%
EBITDA · FY 2024
-₹21.57 Lakh
EBITDA margin -17.2%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹5 Cr
Issued & subscribed
Open charges
₹23.84 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
4
As per MCA filings
About Nirbhay Organics Private Limited
Data last updated:
Nirbhay Organics Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 11 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24110GJ2020PTC118813. Its GSTIN is 27AAHCN3331R1ZZ (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Manish Shivdas Kothari and Champaklal Amrutlal Shah.
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 304 Chanakya Building (Bunglows) Near Dinesh Hall Off Ashram Road, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.25 Cr, a decline of 84% compared to the previous year. For the same year it recorded a net loss of ₹1.65 Cr (net margin -131.6%) and EBITDA of -₹21.57 Lakh (EBITDA margin -17.2%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years.
As per MCA filings, the company has open charges of ₹23.84 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
Nirbhay Organics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0075336).
Company details
CIN U24110GJ2020PTC118813
Registration Number 118813
Incorporation Date 11 December 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Small
Udyam Registration UDYAM-MH-33-0075336
Key People
Manish Shivdas Kothari Director Champaklal Amrutlal Shah Director Nirav Kamlesh Desai Director Recognitions & Rankings of Nirbhay Organics
Contact details
Nirbhay Organics Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address304 Chanakya Building (Bunglows) Near Dinesh Hall Off Ashram Road, Ahmedabad, Gujarat, India – 380009
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Nirbhay Organics Private Limited, buy the company report.
Comprehensive company report
Nirbhay Organics Private Limited - 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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Business activity
The main business activity of Nirbhay Organics is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Nirbhay Organics Private Limited, buy the company report.
Financials of Nirbhay Organics Private Limited
FY 2024 filings availableNirbhay Organics Private Limited reported revenue of ₹1.25 Cr (down 84% YoY) for FY 2024.
Revenue · FY 2024
₹1.25 Cr ▼ 84%
Net loss · FY 2024
₹1.65 Cr margin -131.6%
EBITDA · FY 2024
-₹21.57 Lakh margin -17.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 84%
3 years · compounded
▼ 14%
EBITDA CAGR growth
1 year
▲ 76%
3 years · compounded
▼ 60%
Revenue has declined at a compounded annual rate (CAGR) of 14% over three years, including a 84% fall in the latest year. EBITDA rose 76% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| 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 | -₹21.57 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.65 Cr | |||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -17.2% | |||
| Net Profit Margin | -131.6% | |||
| 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 Organics Private Limited, buy the company report.
Board of directors of Nirbhay Organics Private Limited
Nirbhay Organics has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Shivdas Kothari | Director | 11 Dec 2020 | 5 Years 10 Months | Current |
| Champaklal Amrutlal Shah Also directs: Isochem Container Services Private Limited | Director | 11 Dec 2020 | 5 Years 10 Months | Current |
| Nirav Kamlesh Desai | Director | 11 Dec 2020 | 5 Years 10 Months | Current |
| Dipak Babulal Patel | Director | 11 Dec 2020 | 5 Years 10 Months | Current |
Peer comparison
Nirbhay Organics Private Limited is compared with the 7 companies closest to it by revenue in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shuddh Rasayans Private Limited | ₹1.27 Cr (FY 2025) | -37.0% | Thane, Maharashtra, India | |||
| Cysteine Agrochemicals (OPC) Private Limited | ₹1.26 Cr (FY 2024) | 3292.0% | Phaltan, Maharashtra, India | |||
| Seiko Chemical Works Private Limited | ₹1.26 Cr (FY 2025) | 15.0% | Lucknow, Uttar Pradesh, India | |||
| Indian Desalination Engineering Private Limited | ₹1.25 Cr (FY 2025) | -3.0% | Goa, India | |||
| Nirbhay Organics Private Limitedthis company | ₹1.25 Cr (FY 2024) | -₹1.65 Cr | -131.6% | -84.0% | Ahmedabad, Gujarat, India | |
| SPS Enamels Private Limited | ₹1.25 Cr (FY 2025) | 30.0% | Derabassi, Punjab, India | |||
| Range Polymers Private Limited | ₹1.24 Cr (FY 2024) | -42.0% | Navi Mumbai, Maharashtra, India | |||
| Prescient Industries Limited | ₹1.23 Cr (FY 2022) | -26.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Nirbhay Organics Private Limited, buy the company report.
Auditor
Nirbhay Organics Private Limited is audited by Bhatt and Shah for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bhatt and Shah | FY 2023 | 139030W |
Shareholding
The shareholding of Nirbhay Organics Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Nirbhay Organics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹23.84 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2021 | 100462508 | Others | ₹4.34 Cr | Open | |
| 29 May 2021 | 100453722 | Axis Bank Limited | ₹19.5 Cr | Open |
To see the full charge records of Nirbhay Organics Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Nirbhay Organics Private Limited has 2 court cases on record: 1 filed by Nirbhay Organics, 1 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Goods and Services Tax Network Worldmark 1 Aerocity and 7 others | Pending |
| District court, Anand, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Nirbhay Organics Private Limited, 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
Nirbhay Organics Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 4 overdue payments to 2 micro and small suppliers. 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Makzad Networks Private Limited |
To see the full MSME payment records of Nirbhay Organics Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Nirbhay Organics Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
Active EPFO establishments
1
GST
Nirbhay Organics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCN3331R1ZZ | Maharashtra | Active | 04 Feb 2021 |
To see the full GST registrations and return filing status of Nirbhay Organics Private Limited, buy the company report.
Recent activity
Nirbhay Organics Private Limited has 4 board changes on record since 2020: 4 appointments. The latest: Champaklal Amrutlal Shah was appointed as Director on 11 Dec 2020.
AGM
Nirbhay Organics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Nirbhay Organics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Axis Bank Limited of Rs. 19.50 Cr registered on 29 May 2021 with Charge ID 100453722 was modified on 16 Sep 2021.
Charges
A charge with Others amounted to Rs. 4.34 Cr with Charge ID 100462508 was registered on 30 Jun 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 19.50 Cr with Charge ID 100453722 was registered on 29 May 2021.
Appointed
Champaklal Amrutlal Shah was appointed as Director.
Appointed
Dipak Babulal Patel was appointed as Director.
Appointed
Manish Shivdas Kothari was appointed as Director.
Appointed
Nirav Kamlesh Desai was appointed as Director.
Incorporation
11 Dec 2020
Nirbhay Organics Private Limited was registered on 11 Dec 2020 with Roc Ahmedabad & aged 5 years 10 months as per MCA records.
Frequently asked questions
Nirbhay Organics is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 11 December 2020 (6+ years old) and is registered under CIN U24110GJ2020PTC118813.
Nirbhay Organics has 4 current directors:
- Manish Shivdas Kothari - Director
- Champaklal Amrutlal Shah - Director
- Nirav Kamlesh Desai - Director
- Dipak Babulal Patel - Director
The latest financial statements of Nirbhay Organics 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 FY 2021 are in the company report.
The GSTIN of Nirbhay Organics is 27AAHCN3331R1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nirbhay Organics is U24110GJ2020PTC118813. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nirbhay Organics has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Nirbhay Organics was incorporated on 11 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Nirbhay Organics by revenue are Shuddh Rasayans Private Limited, Cysteine Agrochemicals (OPC) Private Limited, Seiko Chemical Works Private Limited, Indian Desalination Engineering Private Limited, SPS Enamels Private Limited and 2 more, all in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Champaklal Amrutlal Shah was appointed as Director on 11 Dec 2020. Dipak Babulal Patel was appointed as Director on 11 Dec 2020. Manish Shivdas Kothari was appointed as Director on 11 Dec 2020. Nirbhay Organics has 4 board changes on record in total.
Yes, Nirbhay Organics is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0075336).
Nirbhay Organics has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 4 overdue payments to 2 micro and small suppliers. The latest return was filed on 28 Aug 2023.
The registered office of Nirbhay Organics is at 304 Chanakya Building Bunglows Near Dinesh Hall Off Ashram Road, Ahmedabad, Gujarat, India – 380009.
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