Nirani Sugars Limited - Company overview

Nsl is shown as "Amalgamated" in MCA records.

1995-12-06 Na, Karnataka Amalgamated Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹1000+ Cr
▲ 41.2%
FY 2022
PROFIT / LOSS
₹5–10 Cr
▲ 87.6%
FY 2022
EBITDA
₹100–500 Cr
▲ 3.4%
FY 2022
NET WORTH
₹500–1000 Cr
▲ 6.2%
FY 2022
TOTAL ASSETS
₹1000+ Cr
▲ 14.8%
FY 2022
EMPLOYEE COUNT
981–990
OPEN CHARGES
11
-
PAID-UP CAPITAL
187.57 cr
AUTHORISED CAPITAL
200.00 cr
COMPANY AGE
30 Years 11 Months
since 1995-12-06
LAST FILING WITH ROC
2022-03-31
Last AGM: 2022-09-30
ACTIVE GST
1
Updated: 2023-10-31 20:13:58
TOTAL MONEY RAISED
₹100–500 Cr
SATISFIED CHARGES
30
1,742.47 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Nsl covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
54/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (10), financial health (85), director (55) and company-foundation signals.
  • Operating for 30+ years.
Compliance Score High risk
10/100
Statutory filings, status and regulatory flags.
  • Company status is "Amalgamated" (not Active).
  • Last balance sheet filed for Mar 2022 - filings look overdue.
Financial Health Score Low risk
85/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2022.
  • Positive net worth.
Director Risk Score Moderate
55/100
Board strength, DIN status and churn.
  • 8 directors on the board.
  • Director VIKRAM DATTATRAY KAKADE has DIN status "Deactivated due to non-filing of DIR-3 KYC".
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Nsl Company identity, industry, contact, and registration details from MCA and company records.

Nsl is shown as "Amalgamated" in MCA records. It was registered with ROC Bangalore on 6 December 1995 as a public limited company. Its registered office is at Kulali Cross, Jamkhandi, Mudhol, Dist.Bagalkot. Mudhol, Dist.Bagalkot., Na, Karnataka. It was earlier known as Nirani Sugars Private Limited.

Its filings describe the main line of business as food, beverages and tobacco products, which made up 100% of turnover.

It has eight directors: Kamala Murigeppa Nirani, Bhagawandas Mukundas Jaju, Venkatachalam Balasubramanian and 5 others. The longest-serving is Kamala Murigeppa Nirani, on the board since 2005; the most recent to join is Manali Gajanan Velangi, appointed in October 2023. Vijay Murugesh Nirani is the managing director. Four former directors are on record; the most recent to leave was Paras Mal Bhansali in September 2020. Between them, the directors also sit on the boards of 8 other companies, including Corbel Energy Private Limited and Gurudatta Integrated Textile Park Limited.

Paid-up capital stands at ₹188 crore out of ₹200 crore authorised. The last AGM on record was on 30 September 2022, for accounts made up to 31 March 2022. All 30 charges registered against it have been satisfied, so no secured loan is open.

Agriculture ••••••••
  • Location Kulali Cross, Jamkhandi,Mudhol, Dist.Bagalkot. Mudhol, Dist.Bagalkot., Na, Karnataka
  • Website niranigroups.com
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Name History
Legal NameNirani Sugars Limited
CIN / LLPINU15421KA1995PLC019340
Company No.019340
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1995-12-06
Date of AGM2022-09-30
Date of Balance Sheet2022-03-31
Listing StatusUnlisted
ROC CodeRoc Bangalore
Credit RatingBBB- (Brickwork)
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Nsl (8) Current board members from MCA filings, including designation and appointment details.

K
Kamala Murigeppa Nirani
Director | Since 2005-06-20 | DIN: 02596943
B
Bhagawandas Mukundas Jaju
Director | Since 2016-03-01 | DIN: 00994201
V
Venkatachalam Balasubramanian
Nominee Director | Since 2007-05-18 | DIN: 00026561
V
Vikram Dattatray Kakade
CFO | Since 2020-02-01
M
Manali Gajanan Velangi
Company Secretary | Since 2023-10-07
V
Vikram Dattatray Kakade
CFO | Since 2020-02-01 | DIN: 07436165

Financial Performance of Nsl Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2022
Revenue ₹1000+ Cr ▲ 41.2%
P&L ₹5–10 Cr ▲ 87.6%
EBITDA ₹100–500 Cr ▲ 3.4%
Net worth ₹500–1000 Cr ▲ 6.2%

Exact figures and labelled charts require an active report plan.

Verified entity values are shown only after access is granted.

Charges of Nsl Open and satisfied charges registered against the company with MCA.

Others : 409.06 cr
Bank Of India : 156.00 cr
Idbi Bank Limited : 40.00 cr
Open Charges: 11 Satisfied Charges: 30
Open -
Satisfied 1,742.47 cr
LenderAmountStatus
Others
Creation Date: 23 Mar 2022
 232.66 cr Closed
Others
Creation Date: 07 Oct 2020
 176.40 cr Closed
Bank Of India
Creation Date: 30 Aug 2019
 116.00 cr Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
ManufacturingFood, beverages and tobacco products100

Companies With Common Directors Of Nsl Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Corbel Energy Private Limited 1 Shared Director
Gurudatta Integrated Textile Park Limited 1 Shared Director
International Sericulture Alliance 1 Shared Director
Krishna Chemplast Private Limited 1 Shared Director
Nirani Sugars Limited 1 Shared Director
Radhakrishna Resorts Private Limited 1 Shared Director
Ugar Consultancy Limited 1 Shared Director
Vijaya Shree Distilleries & Chemicals Private Limited 1 Shared Director

Financial Ratios of Nsl Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

8 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Nsl Ownership and contribution detail from filings. Full breakdown unlocks with your report.

9 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Nsl EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.

Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Nsl GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Nsl Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.

Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Nsl MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Nsl Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Nsl Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Nsl?
MCA does not publish an "owner" field. Nsl is run by its directors, Kamala Murigeppa Nirani, Bhagawandas Mukundas Jaju, Venkatachalam Balasubramanian and five others, with Vijay Murugesh Nirani as managing director. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Nsl?
Nsl has eight current directors: Kamala Murigeppa Nirani (since June 2005), Bhagawandas Mukundas Jaju (since March 2016), Venkatachalam Balasubramanian (since May 2007), Vikram Dattatray Kakade (since February 2020), Manali Gajanan Velangi (since October 2023) and Vikram Dattatray Kakade (since February 2020), plus 2 more. Vijay Murugesh Nirani is the managing director.
What is CIN of Nsl?
The CIN of Nsl is U15421KA1995PLC019340. Reading it left to right: U means it is not listed, 15421 is the industry code it registered under, KA is Karnataka, 1995 is the year it was registered, PLC is the company type and 019340 is its registration number.
When was Nsl incorporated?
Nsl was incorporated on 6 December 1995 with ROC Bangalore. That makes it more than 30 years old.
What is the registered address of Nsl?
The registered office on MCA records is Kulali Cross, Jamkhandi, Mudhol, Dist.Bagalkot. Mudhol, Dist.Bagalkot., Na, Karnataka.
What is the current status of Nsl?
MCA shows Nsl as "Amalgamated". It has been merged into another company and no longer exists on its own.
What is the contact number or email for Nsl?
You can post to its registered office at Kulali Cross, Jamkhandi, Mudhol, Dist.Bagalkot. Mudhol, Dist.Bagalkot., Na, Karnataka and use its website, https://niranigroups.com.
What industry or business activity is Nsl associated with?
Its MCA filings list the main business as food, beverages and tobacco products (100% of turnover).
What is paid-up capital and authorised share capital of Nsl?
Paid-up capital is ₹188 crore and authorised capital is ₹200 crore, so about 94% of the authorised amount has been issued.
When did Nsl last file accounts and hold an AGM?
The last AGM on record was on 30 September 2022, and the latest balance sheet is for the year ending 31 March 2022.
Where can I see charges and lenders for Nsl?
No charge is open. All 30 charges registered against Nsl have been satisfied. Lenders named in the filings include Bank Of India and Idbi Bank Limited.
Have any directors left Nsl?
Yes, four former directors are on record. The most recent to leave were Paras Mal Bhansali (September 2020), Hanumant Rudrappa Nirani (June 2019) and Murgesh Rudrappa Nirani (May 2008).
Which companies share directors with Nsl?
8 companies share directors with Nsl. Among them are Corbel Energy Private Limited, Gurudatta Integrated Textile Park Limited, International Sericulture Alliance and 5 more.
What is the turnover or revenue of Nsl?
Based on filed financial statements, the revenue of Nsl for FY 2022 was in the ₹1000+ Cr range. That is up 41.2% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Nsl?
For FY 2022, the net worth of Nsl was in the ₹500–1000 Cr range.
How can I get the financial details of Nsl?
The latest accounts on record are for FY 2022. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Nsl?
The website on record for Nsl is https://niranigroups.com.
Which company owns niranigroups.com?
niranigroups.com is the website listed for Nirani Sugars Limited in its company records.
Nsl - is it listed or unlisted?
Nsl is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Nsl?
Nsl is registered with ROC Bangalore.
What is the company classification of Nsl?
MCA classifies Nsl as: Public Limited Indian Non-Government Company.
Does Nsl have GST registrations on file?
Yes, one active GST registration is linked to Nsl.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.