Nitrex Logistics Private Limited
About Nitrex Logistics Private Limited
Data last updated:
Nitrex Logistics Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 04 November 1991.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U60230GJ1991PTC016571.
The company had an authorised share capital of ₹16 Lakh and a paid-up capital of ₹11.91 Lakh. It was led by directors Mahendra Gumanmalji Lodha and Kesha Ram Prajapati.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 85 Sunrise Park Opp Drive In Cinema Thaltej Rd, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2019, the company reported a revenue of ₹5.87 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.89 Cr (net margin 66.3%) and EBITDA of ₹5.6 Cr (EBITDA margin 95.3%). Revenue has grown at a compounded annual rate (CAGR) of 422% over three years and 26% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address85 Sunrise Park Opp Drive In Cinema Thaltej Rd, Ahmedabad, Gujarat, India – 380054
- IndustryFinancial Services, Diversified Financial Services
- 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
Business Activity of Nitrex Logistics Private Limited
The main business activity of Nitrex Logistics is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Nitrex Logistics Private Limited FY 2019 filings available
Nitrex Logistics Private Limited reported revenue of ₹5.87 Cr (up 793% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Nitrex Logistics Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 793% growth in the latest year. EBITDA rose 802% 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 of Nitrex Logistics Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹5.87 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.6 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.89 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 of Nitrex Logistics Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 95.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 66.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Nitrex Logistics are in the company report.
Financial statements from 2015
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.
Peer Comparison of Nitrex Logistics Private Limited
Nitrex Logistics Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Other Financial Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Palampadam Plantations Ltd | ₹5.92 Cr (FY 2025) | •••• | •••• | 175.0% | •••• | Kottayam, Kerala, India |
| Seicho Solutions Private Limited | ₹5.91 Cr (FY 2024) | •••• | •••• | -56.0% | •••• | Bangalore, Karnataka, India |
| Sahyog Business Services Private Limited | ₹5.91 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Patna, Bihar, India |
| Dale and Carrington Investments Pvt Ltd | ₹5.88 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Thrissur, Kerala, India |
| Mana Das Cashcow Finserve Private Limited | ₹5.88 Cr (FY 2024) | •••• | •••• | 1878.0% | •••• | Mumbai, Maharashtra, India |
| Nitrex Logistics Private Limited this company | ₹5.87 Cr (FY 2019) | •••• | •••• | 793.0% | •••• | Ahmedabad, Gujarat, India |
| Ex-Man Raghav Security Services Private Limited. | ₹5.87 Cr (FY 2025) | •••• | •••• | 53.0% | •••• | Delhi, India |
| Rajpurohit Corporate Services Private Limited | ₹5.87 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | Jodhpur, Rajasthan, India |
| Hrishita Investments Advisory Private Limited | ₹5.84 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Mumbai, Maharashtra, India |
| Rajur Ganapati Investment and Trading Private Limited | ₹5.84 Cr (FY 2023) | •••• | •••• | 1198.0% | •••• | Mumbai, Maharashtra, India |
| G P Combines Private Limited | ₹5.84 Cr (FY 2024) | •••• | •••• | -6.0% | •••• | Bhubaneswar, Odisha, India |
Peers are the five companies nearest above and the five nearest below Nitrex Logistics by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Nitrex Logistics Private Limited
Nitrex Logistics Private Limited is audited by HITESH PRAKASH SHAH & CO. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HITESH PRAKASH SHAH & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Nitrex Logistics Private Limited
Nitrex Logistics has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kesha Ram Prajapati | Additional Director | 17 Jun 2019 | 7 Years 3 Months | As last reported |
| Mahendra Gumanmalji Lodha Also directs: Landscape Buildcon LLP, Max Healthcare Institute Limited, Rajdhani Textiles Private Limited and 5 more | Director | 30 Nov 1999 | 26 Years 10 Months | As last reported |
Ownership and Shareholding of Nitrex Logistics Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Nitrex Logistics Private Limited
Nitrex Logistics Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Nitrex Logistics Private Limited
Nitrex Logistics Private Limited has 2 court cases on record: 2 filed by Nitrex Logistics. All cases are disposed. Status as checked on 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Court case (COMP) | Filed by the company | Disposed |
| High Court of Gujarat | Commercial suit | Filed by the company | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Nitrex Logistics Private Limited
Employment history and EPFO contributions of people linked to Nitrex Logistics.
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.
CIN History of Nitrex Logistics Private Limited
Nitrex Logistics has one previous CIN (Corporate Identification Number): U74999GJ1991PTC016571. The current CIN is U60230GJ1991PTC016571, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U60230GJ1991PTC016571 | Current |
| U74999GJ1991PTC016571 | Previous |
Recent Activity on Nitrex Logistics Private Limited
Nitrex Logistics Private Limited has 3 board changes on record since 1999: 2 appointments and 1 cessation. The latest: Chitra Mahendrakumar Lodha ceased to be Director on 18 Jun 2019.
Credit Ratings, Litigation & Regulatory Alerts for Nitrex Logistics Private Limited
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 Nitrex Logistics Private Limited
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 Nitrex Logistics Private Limited
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 Nitrex Logistics Private Limited
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 Nitrex Logistics Private Limited
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 Nitrex Logistics Private Limited
Nitrex Logistics has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Nitrex Logistics was a private limited company based in Ahmedabad, Gujarat, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 04 November 1991 and is registered under CIN U60230GJ1991PTC016571. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Nitrex Logistics was incorporated on 04 November 1991. It is registered with the Registrar of Companies, Ahmedabad.
Nitrex Logistics had 2 directors:
- Kesha Ram Prajapati - Additional Director
- Mahendra Gumanmalji Lodha - Director
The CIN (Corporate Identification Number) of Nitrex Logistics is U60230GJ1991PTC016571. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Nitrex Logistics is at 85 Sunrise Park Opp Drive In Cinema Thaltej Rd, Ahmedabad, Gujarat, India – 380054.
Nitrex Logistics reported revenue of ₹5.87 Cr for FY 2019 (up 793% YoY).
Nitrex Logistics has an authorised share capital of ₹16 Lakh and a paid-up capital of ₹11.91 Lakh.
Nitrex Logistics reported a net profit of ₹3.89 Cr (net margin 66.3%) and EBITDA of ₹5.6 Cr (EBITDA margin 95.3%) for FY 2019, as per its filed financial statements.
Nitrex Logistics operated in the financial services industry, in the diversified financial services segment.
The compounded annual growth rate (CAGR) of the revenue of Nitrex Logistics is 422% over three years and 26% over five years. In the latest year (FY 2019) revenue rose 793%. CAGR is the steady yearly rate that links the first and the last year.