
Nufab Industries Limited
About Nufab Industries Limited
Data last updated:
Nufab Industries Limited is a public limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the textile weaving segment of the textiles sector. It was incorporated on 08 September 1987.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17110MH1987PLC044613.
The company has an authorised share capital of ₹12.5 Cr and a paid-up capital of ₹3.99 Cr. It is led by directors including Binod Kumar Bhagchandka (Managing Director) and Ashok Agrawal.
Its last annual general meeting (AGM) was held on 26 August 2008, and its latest financial statements are for the year ended 31 March 2008. The registered office is at Mumbai, Maharashtra.
As per MCA filings, the company has open charges of ₹20.6 Cr on record. Court records list 13 cases involving the company, including 13 filed against it; 1 case is pending.
Company details
Contact details
Nufab Industries Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressNo.12 2nd Floor T.V.S. Business Centre Prakash Chambers 77 Nagindas Master Roa, D, Mumbai, Maharashtra, India – 400023
- IndustryTextile, Textile Weaving, Spinning & Weaving
- 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 Nufab Industries Limited
FY 2008 filings availableFinancial Statement Summary
| Metrics | FY 2007-08 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| 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 2007-08 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| 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 Nufab Industries Limited, buy the company report.
Board of directors of Nufab Industries Limited
Nufab Industries has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Agrawal Also directs: Nufab India Limited | Director | 15 Jan 2010 | 16 Years 9 Months | As last reported |
| Sadanand Mahabal Shetty Also directs: Nufab India Limited | Director | 15 Jan 2010 | 16 Years 9 Months | As last reported |
| Binod Kumar Bhagchandka Also directs: Nufab India Limited | Managing Director | 27 Jan 1999 | 27 Years 9 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2001 | 90225136 | Sicom Ltd | ₹3.34 Cr | Open | |
| 11 Aug 1997 | 90224828 | Union Bank of India | ₹8.94 Cr | Open | |
| 04 Feb 1995 | 90224582 | Union Bank of India | ₹1.25 Cr | Open | |
| 15 Oct 1994 | 90224549 | Uniion Bank of India | ₹22.92 Lakh | Open | |
| 30 Jul 1994 | 90224529 | Union Bank of India | ₹2.93 Cr | Open |
To see the full charge records of Nufab Industries Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
Nufab Industries Limited has 13 court cases on record: 13 filed against it. 1 case is pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 1 |
| Supreme Court | 4 | 4 | 0 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Sicom Ltd. and 3 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Sicom Ltd., | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Recron Synthetics Ltd | Disposed |
| Bombay High Court | Court case (SS) | Filed against the company by Reliance Industries Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases SW) | Filed against the company by The Commissioner of Central Excise | Pending |
To see the full case history of Nufab Industries 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nufab Industries Limited; 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 Nufab Industries Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Nufab Industries Limited has 4 board changes on record since 1999: 3 appointments and 1 cessation. The latest: Vk Surendran ceased to be Director on 25 Jan 2010.
17 earlier events are in the company report.
Frequently asked questions
Nufab Industries is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Nufab Industries is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in textile weaving, within the textile industry. It was incorporated on 08 September 1987 and is registered under CIN U17110MH1987PLC044613. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Nufab Industries has 3 current directors:
- Binod Kumar Bhagchandka - Managing Director
- Ashok Agrawal - Director
- Sadanand Mahabal Shetty - Director
The latest financial statements of Nufab Industries on record with the MCA are for the year ended 31 March 2008. Its last annual general meeting was held on 26 August 2008. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Nufab Industries is U17110MH1987PLC044613. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nufab Industries has open charges of ₹20.6 Cr and no satisfied charges on record as per latest MCA filings.
Nufab Industries has 13 court cases on record: 13 filed against it. 1 is pending. Most are in the district courts.
Nufab Industries was incorporated on 08 September 1987. It is registered with the Registrar of Companies, Mumbai.
Vk Surendran ceased to be Director on 25 Jan 2010. Ashok Agrawal was appointed as Director on 15 Jan 2010. Sadanand Mahabal Shetty was appointed as Director on 15 Jan 2010. Nufab Industries has 4 board changes on record in total.
The registered office of Nufab Industries is at No.12 2nd Floor T.V.S. Business Centre Prakash Chambers 77 Nagindas Master Roa, D, Mumbai, Maharashtra, India – 400023.

