Nirved Traders Private Limited
About Nirved Traders Private Limited
Data last updated:
Nirved Traders Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 25 October 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1994PTC082365. Its GSTIN is 27AAACN3387L1Z2 (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Santosh Lavu Rane and Ashish Ramesh Mahendrakar.
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 Industry House 159 Churchgate Reclamation, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.85 Lakh, a decline of 31% compared to the previous year. For the same year it recorded a net loss of ₹1.25 Cr and EBITDA of -₹74.69 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 43% over five years.
As per MCA filings, the company has open charges of ₹51 Cr and satisfied charges of ₹53 Cr on record. Court records list 29 cases involving the company, including 12 filed by the company and 17 filed against it; 8 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Nirved Traders Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressIndustry House 159 Churchgate Reclamation, Mumbai, Maharashtra, India – 400020
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Nirved Traders Private Limited, 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 Nirved Traders is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Nirved Traders Private Limited, buy the company report.
Financials of Nirved Traders Private Limited
FY 2024 filings availableNirved Traders Private Limited reported revenue of ₹3.85 Lakh (down 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 43% over five years, including a 31% fall in the latest year. EBITDA fell 370% 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 2024-25 | 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 | -₹74.69 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.25 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Nirved Traders Private Limited, buy the company report.
Board of directors of Nirved Traders Private Limited
Nirved Traders has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santosh Lavu Rane Also directs: Redle Pharmaceuticals Private Limited, Ewf Pharmaceuticals Private Limited, Apricot Capitals Private Limited and 5 more | Director | 16 Aug 2021 | 5 Years 2 Months | Current |
| Ashish Ramesh Mahendrakar | Additional Director | 20 Oct 2025 | 1 Years 0 Months | Current |
Auditor
Nirved Traders Private Limited is audited by M.L. CHORARIA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.L. CHORARIA & ASSOCIATES | FY 2023 | 044180 |
Shareholding
The shareholding of Nirved Traders Private Limited is on record for 5 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 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nirved Traders Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jun 2011 | 10291022 | Union Bank of India | ₹1 Cr | Open | |
| 25 Nov 2010 | 10259192 | The Saraswat Co-Op Bank Ltd | ₹50 Cr | Open | |
| 11 May 2010 | 10228152 | The Saraswat Co-Op Bank Ltd | ₹50 Cr | Satisfied | |
| 29 Jul 2009 | 10172670 | Union Bank of India | ₹3 Cr | Satisfied |
To see the full charge records of Nirved Traders Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Nirved Traders Private Limited has 29 court cases on record: 12 filed by Nirved Traders, 17 filed against it. 8 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 21 | 12 | 8 |
| District courts | 7 | 5 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Interim or miscellaneous application | Filed by the company against Gavde Finance Private Ltd. and 2 others | Pending |
| High Court, MAHARASHTRA | Court case (RP) | Filed by the company against Maximus Arc Ltd. and Anr and 1 other | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against Maximus Arc Limited and Anr. | Pending |
| Bombay High Court | Court case (NMCD) | Filed against the company by The Indian Hotels Company Limited | Pending |
| Bombay High Court | Court case (CHS) | Filed against the company by Maximus Arc Limited | Pending |
To see the full case history of Nirved Traders 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
No delayed payments to MSME suppliers are on our record for Nirved Traders Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nirved Traders has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN3387L1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nirved Traders Private Limited, buy the company report.
Recent activity
Nirved Traders Private Limited has 11 board changes on record since 2007: 2 appointments and 9 cessations. The latest: Ashish Ramesh Mahendrakar was appointed as Additional Director on 20 Oct 2025.
8 earlier events are in the company report.
Frequently asked questions
Nirved Traders is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 25 October 1994 (32+ years old) and is registered under CIN U51900MH1994PTC082365.
Nirved Traders has 2 current directors:
- Santosh Lavu Rane - Director
- Ashish Ramesh Mahendrakar - Additional Director
The latest financial statements of Nirved Traders 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 Nirved Traders is 27AAACN3387L1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nirved Traders is U51900MH1994PTC082365. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nirved Traders has 29 court cases on record: 12 filed by the company and 17 filed against it. 8 are pending. Most are in the high courts.
Nirved Traders was incorporated on 25 October 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Ashish Ramesh Mahendrakar was appointed as Additional Director on 20 Oct 2025. Santosh Lavu Rane ceased to be Additional Director on 30 Nov 2021. Santosh Lavu Rane was appointed as Director on 16 Aug 2021. Nirved Traders has 11 board changes on record in total.
The registered office of Nirved Traders is at Industry House 159 Churchgate Reclamation, Mumbai, Maharashtra, India – 400020.
Nirved Traders operates in the financial services industry, in the diversified financial services segment.