About
Basic Data Updated:
14 days agoNitin Spinners Limited is a company that specializes in the production of cotton yarns and fabrics. A wide range of yarns, including compact yarns, multifold ring spun yarns, and core spun yarns, are included in the company's product portfolio. Additionally, NSL offers single jersey, pique structures, interlock structures, rib structures, and three thread fleeces. These products are utilized in various industries such as apparel and garments, undergarments, terry towels, woven fabrics, home furnishings, carpets, and industrial textiles. According to a credit rating report, the company has a combined capacity of 22,306 spindles, 2936 rotors, and 63 knitting machines. It also has the ability to produce 50,000 tons of yarns and 1000 tons of knit fabrics per annum. NSL exports its products to several countries, including Mauritius, Singapore, China, France, Germany, Italy, and the USA.
Industry
Company Details
- Location
Bhilwara, Rajasthan, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
Products or Services related to Nitin Spinners Limited
Jersey & Knitted Fabric
Compact Cotton Yarn
Financials of Nitin Spinners Limited
Nitin Spinners Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.55% decrease. The company also saw a substantial fall in profitability, with a 49.47% decrease in profit. The company's net worth Soared by an impressive increase of 17.48%.
Corporate Structure
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People in Nitin Spinners Limited
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Executive Team (3)
DN
Dinesh Nolkha
Managing DirectorAppointment Date: 01-Oct-2010
Status: Current
SG
Sudhir Garg Company SecretaryAppointment Date: 19-Apr-2006
Status: Current
PM
Purshottam Maheshwari CFOAppointment Date: 06-May-2014
Status: Current
Board Members(5)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 11 May 2022 | ₹655.00 Cr | Open |
Others Creation Date: 16 Aug 2018 | ₹475.00 Cr | Open |
Others Creation Date: 25 Feb 2016 | ₹215.00 Cr | Open |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
Nitin Infra Developers Private Limited
Active
12 years 11 months Dinesh Nolkha and Nitin Nolakha are mutual person
Redial Trading And Investment Pvt Ltd
Active 30 years 11 months Dinesh Nolkha and Nitin Nolakha are mutual person
Nitin Finance And Investment Private Limited
Active 7 years 11 months Dinesh Nolkha and Nitin Nolakha are mutual person
Recent activity within the organization
Annual General Meeting
Nitin Spinners Limited last Annual general meeting of members was held on 18 Sep 2023 as per latest MCA records.
18 Sep 2023Balance Sheet
Nitin Spinners Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jaipur.
31 Mar 2023Charges
A charge with Others of Rs. 816.70 cr registered on 26 Nov 2014 with Charge ID 10536921 was modified on 21 Jan 2023.
21 Jan 2023Charges
A charge with Others of Rs. 655.00 cr registered on 11 May 2022 with Charge ID 100573224 was modified on 06 Aug 2022.
06 Aug 2022Charges
A charge with Others of Rs. 475.00 cr registered on 16 Aug 2018 with Charge ID 100197812 was modified on 06 Aug 2022.
06 Aug 2022
Recent News, Updates & Announcement
Nitin Spinners Rs 650cr apparel fabrics project.Textile Magazine 30 May 2018
Frequently asked questions
What is the Incorporation or founding date of Nitin Spinners Limited?
