About Nivaya Resources Private Limited
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Nivaya Resources Private Limited is a private limited company based in Sayajigunj, Gujarat, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 02 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U78100GJ2010PTC108645. Its GSTIN is 24AAICA3281E1ZZ (Gujarat). The company holds 12 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.44 Cr. It was formerly known as Ava Petrochem Private Limited and Aspam Energy Private Limited. It is led by directors including Anurag Gupta and Deepa Goyel.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 211 World Trade Centre, Sayajigunj, Gujarat, India – 390020.
As per the financials filed for FY 2023, the company reported a revenue of ₹20.56 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹9.71 Cr (net margin -47.2%) and EBITDA of -₹8.09 Cr (EBITDA margin -39.3%). Revenue has declined at a compounded annual rate (CAGR) of 70% over three years and 45% over five years.
The company has about 4 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹150 Cr and satisfied charges of ₹447.75 Cr on record. Court records list 94 cases involving the company, including 78 filed by the company and 16 filed against it; 34 cases are pending. The company has 14 deals on record (9 funding rounds, 4 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹186.14 Cr; the latest was in June 2022. The company has 3 MSME Form 1 returns on record between 2019 and 2020, listing 11 overdue payments to 4 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gpglobal.com.
Company details
Name history
Nivaya Resources has undergone 5 name changes throughout its history. The current legal name is Nivaya Resources Private Limited.
| Company Name | Status |
|---|---|
| Nivaya Resources Private Limited | Current |
| Ava Petrochem Private Limited | Previous |
| Aspam Energy Private Limited | Previous |
| Gp Global Energy Private Limited | Previous |
| Gulf Petrochem Energy Private Limited | Previous |
| Ava Natural Resources Private Limited | Previous |
CIN history
Nivaya Resources has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U78100GJ2010PTC108645, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U78100GJ2010PTC108645 | Current |
| U51909DL2010PTC198575 | Previous |
| U51909GJ2010PTC108645 | Previous |
Contact details
Nivaya Resources Private Limited's registered office is in Sayajigunj, Gujarat. Its website is gpglobal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address211 World Trade Centre, Sayajigunj, Gujarat, India – 390020
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Nivaya Resources 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
Financials of Nivaya Resources Private Limited
FY 2024 filings availableNivaya Resources Private Limited reported revenue of ₹20.56 Cr (down 1% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 45% over five years, including a 1% fall 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹20.56 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹8.09 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹9.71 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -39.3% | ||||
| Net Profit Margin | -47.2% | ||||
| 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 Nivaya Resources Private Limited, buy the company report.
Board of directors of Nivaya Resources Private Limited
Nivaya Resources has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anurag Gupta Also directs: Aspam Food Cold Storage Private Limited, Avask Steels Limited, Nivaya Hotels Private Limited and 5 more | Director | 29 Jan 2024 | 2 Years 8 Months | Current |
| Deepa Goyel Also directs: Aspam Food Cold Storage Private Limited, Amron Oil Resources Private Limited, Avask Steels Limited and 5 more | Director | 10 Jun 2024 | 2 Years 4 Months | Current |
| Surinder Kumar Gupta Also directs: Aspam Food Cold Storage Private Limited, Avask Steels Limited, New Horizons Logiware Private Limited and 5 more | Director | 27 Oct 2022 | 4 Years 0 Months | Current |
Auditor
Nivaya Resources Private Limited is audited by MITTAL NIRBHAY & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MITTAL NIRBHAY & CO | FY 2023 | 013097C |
Shareholding
The shareholding of Nivaya Resources 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nivaya Resources Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jun 2022 | 100592052 | Others | ₹150 Cr | Open | |
| 26 Jun 2019 | 100277674 | State Bank of India | ₹74.81 Cr | Satisfied | |
| 01 Dec 2017 | 100142169 | Others | ₹35 Cr | Satisfied | |
| 24 Aug 2017 | 100120037 | Others | ₹149.1 Cr | Satisfied | |
| 27 Apr 2017 | 100111268 | Yes Bank Limited | ₹15.77 Cr | Satisfied |
To see the full charge records of Nivaya Resources Private Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Nivaya Resources Private Limited has 14 deals on record (9 funding rounds, 4 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹186.14 Cr; the latest was in June 2022.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2022 | Funding round | ₹7.75 Cr | Investors: New Horizons Logiware Private Limited , Better Tomorrow Infrastructure and Solution Private Limited |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2020 | Funding round | ₹20 Cr | Investors: an individual |
| Jun 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2015 | Funding round | ₹1.35 Cr | Investors: 2 individuals |
To see the full deal history of Nivaya Resources Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nivaya Resources Private Limited has 94 court cases on record: 78 filed by Nivaya Resources, 16 filed against it. 34 cases are pending and 60 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 50 | 13 | 20 |
| High courts | 25 | 2 | 3 |
| District courts | 13 | 0 | 9 |
| Supreme Court | 3 | 1 | 1 |
| NCLT | 3 | 0 | 1 |
Cases on record (5 of 94)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT Chennai | Insolvency matter | Filed by the company against Adam&Coal Resources Private Limited | Pending |
| NCLAT, NCLAT Chennai | Interim or miscellaneous application | Filed by the company against Adam & Coal Resources Private Limited | Pending |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by HBN Dairies and Allied Ltd Through Rohit Sehgal Official Liquidator Office 303, Vardhaman Chamber, 3Rd Floor, Sonia Complex, Vikas Puri ,New Delhi , Delhi | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Asset Reconstruction Company India Limited & Anr and 1 other | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Panch Tatva Promoters Pvt. Ltd. | Pending |
To see the full case history of Nivaya Resources 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.
Credit ratings & regulatory alerts
Nivaya Resources Private Limited was last rated by Crisil on 09 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 09 Dec 2020 |
To see the full credit ratings and regulatory alerts of Nivaya Resources Private Limited, buy the company report.
MSME payment delays
Nivaya Resources Private Limited has 3 MSME Form 1 returns on record between 2019 and 2020, listing 11 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Makwana Infotech LLP | |||
| an individual supplier | |||
| Tuskers Services India Private Limited |
To see the full MSME payment records of Nivaya Resources Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Nivaya Resources has 1 subsidiary company and 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Nivaya Asl Private Limited | U27209DL2022PTC396886 |
To see the full group structure of Nivaya Resources Private Limited, buy the company report.
Employees & EPFO
Nivaya Resources Private Limited has a workforce of 4 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Nivaya Resources has 12 GST registrations: 7 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICA3281E1ZZ | Gujarat | Active | 01 Jul 2017 |
| 06AAICA3281E1ZX | Haryana | Active | 01 Jul 2017 |
| 07AAICA3281E1ZV | Delhi | Active | 01 Jul 2017 |
| 27AAICA3281E1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nivaya Resources Private Limited, buy the company report.
Recent activity
Nivaya Resources Private Limited has 16 board changes on record since 2012: 3 appointments and 13 cessations. The latest: Anurag Gupta ceased to be Additional Director on 27 Sep 2024.
39 earlier events are in the company report.
Frequently asked questions
Nivaya Resources is an active private limited company based in Sayajigunj, Gujarat, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 02 February 2010 (16+ years old) and is registered under CIN U78100GJ2010PTC108645.
Nivaya Resources has 3 current directors:
- Anurag Gupta - Director
- Deepa Goyel - Director
- Surinder Kumar Gupta - Director
The latest financial statements of Nivaya Resources on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Nivaya Resources is 24AAICA3281E1ZZ, registered in Gujarat. The company has 12 GST registrations in all, of which 7 are active and 5 are cancelled or inactive. Other active GSTINs include 06AAICA3281E1ZX (Haryana), 07AAICA3281E1ZV (Delhi), 27AAICA3281E1ZT (Maharashtra).
The CIN (Corporate Identification Number) of Nivaya Resources is U78100GJ2010PTC108645. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nivaya Resources has 94 court cases on record: 78 filed by the company and 16 filed against it. 34 are pending. Most are in the nclat.
Nivaya Resources was incorporated on 02 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Nivaya Resources has 14 deals on record (9 funding rounds, 4 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹186.14 Cr; the latest was in June 2022.
Anurag Gupta ceased to be Additional Director on 27 Sep 2024. Deepa Goyel ceased to be Additional Director on 27 Sep 2024. Sudhir Goyel ceased to be Additional Director on 27 Sep 2024. Nivaya Resources has 16 board changes on record in total.
Nivaya Resources has 3 MSME Form 1 returns on record between 2019 and 2020, listing 11 overdue payments to 4 micro and small suppliers. The latest return was filed on 20 May 2020.
Nivaya Resources can be reached through the website gpglobal.com. Its registered office is in Sayajigunj, Gujarat, India.