Nitin Constructions Limited Company Logo

Nitin Constructions Limited - Company Profile

It is a infrastructure and utilities public limited company based in Ahmedabad, Gujarat, India, established in 1988.

1988 | Ahmedabad, Gujarat, India | Active
Last Updated:

About Nitin Constructions Limited

Nitin Constructions Limited, a active public limited company, was established on 10 October 1988 in Ahmedabad, Gujarat, India. Engaging in general construction services within the construction sector, it holds CIN: U99999GJ1988PLC011344. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹5.50 M.

It upholds a compliant status. Its leadership includes Kaushal Nitinbhai Patel (Director), Nirjari Nitin Patel (Director), Priyank Hasmukhbhai Patel (Director). Past directors included Bhaveshbhai Govindbhai Patel, Nitinbhai Govindlal Patel, Nirjari Nitin Patel. It holds ₹7.10 Cr open charges and ₹15.15 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 2Nd Floor, Navneet Plaza, Nr. Navrangpura Municipal Market, C.G. R, Oad,, Ahmedabad, Gujarat, 380009.

Company Details

  • CIN/LLPIN

    U99999GJ1988PLC011344

  • Registration Number

    011344

  • Incorporation Date

    10 October 1988

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹5.50 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.50 M
  • Company Age 37 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.10 Cr
  • Satisfied Charges ₹ 15.15 Cr
  • Revenue Growth -93.45%
  • Profit Growth 78.23%
  • Ebitda -137.15%
  • Net Worth -2.93%
  • Total Assets -9.62%
Company report

Nitin Constructions Limited

Company Report FY 2025-2026

Explore comprehensive insights into Nitin Constructions Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Nitin Constructions Limited?

Current Directors

NameDesignationAppointment DateStatus
Kaushal Nitinbhai PatelDirector27 Oct 2012Current
Nirjari Nitin PatelDirector28 Mar 2018Current
Priyank Hasmukhbhai PatelDirector20 Aug 2022Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector09 Sep 2010Past
Pramod AbcsddDirector27 Aug 2022Past
Pramod AbcsddAdditional Director29 Sep 2018Past
Pramod AbcsddDirector09 Sep 2010Past
Pramod AbcsddDirector27 Oct 2012Past
Pramod AbcsddDirector28 Mar 2018Past

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Financial Performance of Nitin Constructions.

Nitin Constructions Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 93.45% decrease. The company also saw a substantial improvement in profitability, with a 78.23% increase in profit. The company's net worth dipped by a decrease of 2.93%.

Nitin Constructions revenue growth over time
Nitin Constructions profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-93.45%
Revenue from Operations
-100.00%
Total Assets
-9.62%
Profit or Loss
78.23%
Net Worth
-2.93%
EBITDA
-137.15%

What is the Ownership and Shareholding Structure of Nitin Constructions?

In 2023, Nitin Constructions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹71,000,000.00

Satisfied Charges

₹151,480,000.00

Charges Breakdown by Lending Institutions

  • The Madhavpura Mercantile Co- Op. Bank Ltd. : 1.70 Cr
  • The Madhavpura Mar. Co- Op. Bank Ltd. : 1.50 Cr
  • Bank Of Maharashtra : 1.00 Cr
  • The Mashavpura Mercantile Co- Op. Bank Ltd. : 1.00 Cr
  • The Kheralu Nagarik Shakari Bank Ltd. : 0.80 Cr
  • Others : 1.10 Cr

Latest Charge Details

DateLenderAmountStatus
16 May 2013Bank Of Maharashtra₹1.00 CrOpen
12 Jul 2000The Madhavpura Mercantile Co- Op. Bank Ltd.₹1.70 CrOpen
26 Mar 1999The Mashavpura Co- Op. Bank Ltd.₹6.00 MOpen
04 Aug 1997The Vishnagar Nagrik Sahakari Bank Ltd.₹5.00 MOpen
22 Dec 1996The Kheralu Nagarik Shakari Bank Ltd.₹8.00 MOpen

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How Many Employees Work at Nitin Constructions?

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Employee growth trends for Nitin Constructions Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nitin Constructions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Nitin Constructions's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Nitin Constructions

Recent Activity within the Organization

  • Annual General Meeting

    Nitin Constructions Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Nitin Constructions Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was completed.

  • Director Appointment

    Priyank Hasmukhbhai Patel was appointed as a Director was appointed as a Director on 20 Aug 2022 & has been associated with this company since 3 years 3 months . was recorded as a recent event.

  • Director Appointment

    The activity Nirjari Nitin Patel was appointed as a Director was appointed as a Director on 28 Mar 2018 & has been associated with this company since 7 years 8 months . was completed.

  • Charges

    Progress on A charge registered on 18 Aug 1997 via Charge ID 90315897 with Saraspur Nagarik Co- Op. Bank Ltd. was fully satisfied on 31 Jan 2017. was documented.

  • Charges

    Progress on A charge with Bank Of Maharashtra amounted to Rs. 1.00 Cr with Charge ID 10431302 was registered on 16 May 2013. was documented.

Frequently Asked Questions

  • What is the CIN of Nitin Constructions Limited?

    The CIN of Nitin Constructions Limited is U99999GJ1988PLC011344.

  • Where is Nitin Constructions Limited headquartered?

    Nitin Constructions Limited is headquartered at 2Nd Floor, Navneet Plaza, Nr. Navrangpura Municipal Market, C.G. R, Oad,, Ahmedabad, Gujarat, 380009.

  • When was Nitin Constructions Limited incorporated?

    Nitin Constructions Limited was incorporated on 10 October 1988.

  • Who are the current directors of Nitin Constructions Limited?

    The current directors of Nitin Constructions Limited are

  • What is the primary industry of Nitin Constructions Limited?

    The primary industry of Nitin Constructions Limited is Construction.

  • Is Nitin Constructions Limited a listed company?

    Nitin Constructions Limited is unlisted.

  • What is the capital structure of Nitin Constructions Limited?

    The authorized capital of Nitin Constructions Limited is ₹1.00 Cr, and the paid-up capital is ₹5.50 M.

  • What is the compliance status of Nitin Constructions Limited?

    The compliance status of Nitin Constructions Limited is Compliant.

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