Nivedan Vanijya Niyojan Ltd
About Nivedan Vanijya Niyojan Ltd
Data last updated:
Nivedan Vanijya Niyojan Ltd was a public limited company based in Kolkata, West Bengal, 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 20 August 1981.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U01409WB1981PLC033998.
The company had an authorised share capital of ₹8.41 Cr and a paid-up capital of ₹8.4 Cr. It was led by directors including Tulsi Naraian Sharma and Chetan Jalan.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 14/1B Ezra Street, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2022, the company reported a revenue of ₹65.64 Lakh, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹36.37 Lakh (net margin 55.4%) and EBITDA of ₹50.05 Lakh (EBITDA margin 76.3%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 15% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
Company details
CIN history
Nivedan Vanijya Niyojan has one previous CIN (Corporate Identification Number): L01409WB1981PLC033998. The current CIN is U01409WB1981PLC033998, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01409WB1981PLC033998 | Current |
| L01409WB1981PLC033998 | Previous |
Contact details
Nivedan Vanijya Niyojan Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address14/1B Ezra Street, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Nivedan Vanijya Niyojan Ltd, 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
Business activity
The main business activity of Nivedan Vanijya Niyojan is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Nivedan Vanijya Niyojan Ltd, buy the company report.
Financials of Nivedan Vanijya Niyojan Ltd
FY 2022 filings availableNivedan Vanijya Niyojan Ltd reported revenue of ₹65.64 Lakh (down 5% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 5% fall in the latest year. EBITDA fell 5% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹65.64 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹50.05 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹36.37 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 76.3% | ||||
| Net Profit Margin | 55.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Nivedan Vanijya Niyojan Ltd, buy the company report.
Board of directors of Nivedan Vanijya Niyojan Ltd
Nivedan Vanijya Niyojan has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tulsi Naraian Sharma | Director | 28 Sep 2017 | 9 Years 1 Months | As last reported |
| Chetan Jalan Also directs: Exquisite International Pvt Ltd, Sujan Properties Private Limited, CST Investment Private Limited and 5 more | Director | 16 Jun 2012 | 14 Years 4 Months | As last reported |
| Vimal Banka Also directs: Overcap Consultants LLP, Giltedged Industrial Securitied Ltd, Aadi Marketing Company Private Limited and 2 more | Director | 31 Mar 1988 | 38 Years 7 Months | As last reported |
Auditor
Nivedan Vanijya Niyojan Ltd is audited by BDS & CO. (FORMERLY KNOWN AS BHARAT D. SARAWGEE & CO.) for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BDS & CO. (FORMERLY KNOWN AS BHARAT D. SARAWGEE & CO.) | FY 2022 | 326264E |
Shareholding
The shareholding of Nivedan Vanijya Niyojan Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nivedan Vanijya Niyojan Ltd, buy the company report.
Legal cases
Nivedan Vanijya Niyojan Ltd has 2 court cases on record: 2 filed by Nivedan Vanijya Niyojan. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Writ petition | Filed by the company against Union of India and Ors. | Disposed |
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Nivedan Vanijya Niyojan Ltd, 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nivedan Vanijya Niyojan Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Nivedan Vanijya Niyojan Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Nivedan Vanijya Niyojan Ltd has 10 board changes on record since 1988: 3 appointments and 7 cessations. The latest: Chetan Jalan ceased to be Director on 31 Aug 2020.
1 earlier event is in the company report.
Frequently asked questions
Nivedan Vanijya Niyojan 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.
Nivedan Vanijya Niyojan was a public limited company based in Kolkata, West Bengal, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 20 August 1981 and is registered under CIN U01409WB1981PLC033998. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Nivedan Vanijya Niyojan was incorporated on 20 August 1981. It is registered with the Registrar of Companies, Kolkata.
Nivedan Vanijya Niyojan had 3 directors:
- Tulsi Naraian Sharma - Director
- Chetan Jalan - Director
- Vimal Banka - Director
The CIN (Corporate Identification Number) of Nivedan Vanijya Niyojan is U01409WB1981PLC033998. 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 Nivedan Vanijya Niyojan is at 141B Ezra Street, Kolkata, West Bengal, India – 700001.
The latest financial statements of Nivedan Vanijya Niyojan on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
Nivedan Vanijya Niyojan operated in the financial services industry, in the diversified financial services segment.
Nivedan Vanijya Niyojan has 2 court cases on record: 2 filed by the company. Most are in the high courts.
Chetan Jalan ceased to be Director on 31 Aug 2020. Tulsi Naraian Sharma ceased to be Director on 31 Aug 2020. Sheela Sadan ceased to be Director on 25 Feb 2019. Nivedan Vanijya Niyojan has 10 board changes on record in total.
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