
Nishal Associates LLP
About Nishal Associates LLP
Data last updated:
Nishal Associates LLP is a limited liability partnership (LLP) based in Surat, Gujarat, India. It operates in the financial product distributors segment of the financial services sector. It was incorporated on 25 March 2021 and has been in existence for over 5 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAW-4767. Its GSTIN is 24AASFN6245Q1ZF (Gujarat).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Ayush Ashok Bhansali and Chintan Ashokbhai Bhansali.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Surat, Gujarat.
As per MCA filings, the LLP has open charges of ₹1.5 Cr on record.
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- Registered AddressBasement Hall 2 Nishal Arcade Opp Vaishali Row House Nr. J.K. Motors Pal Road Pa, L, Surat, Gujarat, India – 395009
- IndustryFinancial Services, Financial Product Distributors
- 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
- One PDF report, delivered after checkout
Financials of Nishal Associates LLP FY 2025 filings available
Financial Statement Summary of Nishal Associates LLP
| Statement of Account and Solvency | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | •••• | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Nishal Associates LLP
| Statement of Account and Solvency | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Nishal Associates are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Designated Partners of Nishal Associates LLP
Nishal Associates has 2 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ayush Ashok Bhansali Also directs: Privya Enterprise LLP, Nishal Gems LLP | Designated Partner | 25 Mar 2021 | 5 Years 6 Months | Current |
| Chintan Ashokbhai Bhansali | Designated Partner | 25 Mar 2021 | 5 Years 6 Months | Current |
Charges & Borrowings of Nishal Associates LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Mar 2022 | Indiabulls Commercial Credit Limited | ₹1.5 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Nishal Associates LLP
Employment history and EPFO contributions of people linked to Nishal Associates.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Nishal Associates LLP
Nishal Associates LLP has 2 designated partner changes on record since 2021: 2 appointments. The latest: Ayush Ashok Bhansali was appointed as Designated Partner on 25 Mar 2021.
Credit Ratings, Litigation & Regulatory Alerts for Nishal Associates LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Nishal Associates LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Nishal Associates LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Nishal Associates LLP
Nishal Associates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AASFN6245Q1ZF | Gujarat | Active | 29 Apr 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Nishal Associates LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Nishal Associates LLP
Nishal Associates is an active limited liability partnership based in Surat, Gujarat, India. The LLP works in financial product distributors, within the financial services industry. It was incorporated on 25 March 2021 (5+ years old) and is registered under LLPIN AAW-4767.
Nishal Associates has 2 current designated partners:
- Ayush Ashok Bhansali - Designated Partner
- Chintan Ashokbhai Bhansali - Designated Partner
The GSTIN of Nishal Associates is 24AASFN6245Q1ZF, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Nishal Associates is AAW-4767. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Nishal Associates was incorporated on 25 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ayush Ashok Bhansali was appointed as Designated Partner on 25 Mar 2021. Chintan Ashokbhai Bhansali was appointed as Designated Partner on 25 Mar 2021.
The registered office of Nishal Associates is at Basement Hall 2 Nishal Arcade Opp Vaishali Row House Nr. J.K. Motors Pal Road Pa, L, Surat, Gujarat, India – 395009.
The total obligation of contribution is ₹1 Lakh.
Nishal Associates operates in the financial services industry, in the financial product distributors segment.
Nishal Associates has open charges of ₹1.5 Cr and no satisfied charges on record as per latest MCA filings.