
About Nicols India Private Limited
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Nicols India Private Limited is a private limited company based in Delhi, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 24 June 1976 and has been in existence for over 50 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1976PTC008235. Its GSTIN is 07AABCN5183B1ZQ (Delhi).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹99 Lakh. It was formerly known as Nicols India Limited and Agra Shoe Products Private Limited. It is led by directors Rukman Seth and Aarti Seth.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A 270 Defence Colony New Delhi, Delhi, India – 110024.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.32 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹72.41 Lakh (net margin 55.1%) and EBITDA of ₹1.08 Cr (EBITDA margin 82.4%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 9% over five years.
Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nicolhouse.in.
Company details
Name history
Nicols India has undergone 2 name changes throughout its history. The company was previously known as Nicols India Limited, and Agra Shoe Products Private Limited. The current legal name is Nicols India Private Limited.
| Company Name | Status |
|---|---|
| Nicols India Private Limited | Current |
| Nicols India Limited | Previous |
| Agra Shoe Products Private Limited | Previous |
CIN history
Nicols India has one previous CIN (Corporate Identification Number): U74899DL1976PLC008235. The current CIN is U74899DL1976PTC008235, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899DL1976PTC008235 | Current |
| U74899DL1976PLC008235 | Previous |
Contact details
Nicols India Private Limited's registered office is in Delhi, Delhi. Its website is nicolhouse.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressA 270 Defence Colony New Delhi, Delhi, India – 110024
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Nicols India 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
Business activity
The main business activity of Nicols India is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Nicols India Private Limited, buy the company report.
Financials of Nicols India Private Limited
FY 2025 filings availableNicols India Private Limited reported revenue of ₹1.32 Cr (up 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 31% growth in the latest year. EBITDA rose 47% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.08 Cr | ||||
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| Net Profit (PAT) | ₹72.41 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 82.4% | ||||
| Net Profit Margin | 55.1% | ||||
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To see the full financial statements and ratios of Nicols India Private Limited, buy the company report.
Board of directors of Nicols India Private Limited
Nicols India has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rukman Seth | Director | 01 Apr 1999 | 27 Years 7 Months | Current |
| Aarti Seth | Director | 01 Sep 2017 | 9 Years 2 Months | Current |
Peer comparison
Nicols India Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dihang Edutech Infrastructure Private Limited | ₹1.32 Cr (FY 2025) | 99.0% | Guwahati, Assam, India | |||
| Janki Apex Industries Private Limited | ₹1.32 Cr (FY 2024) | 39.0% | Kolkata, West Bengal, India | |||
| Sapath Financial Services Pvt Ltd | ₹1.32 Cr (FY 2025) | -4.0% | Kolkata, West Bengal, India | |||
| Nicols India Private Limitedthis company | ₹1.32 Cr (FY 2025) | ₹72.41 Lakh | 55.1% | 31.0% | Delhi, India | |
| Sai Highrise Private Limited | ₹1.31 Cr (FY 2025) | 22.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Nicols India Private Limited, buy the company report.
Auditor
Nicols India Private Limited is audited by J N SHARMA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J N SHARMA & CO | FY 2021 | 000833C |
Shareholding
The shareholding of Nicols India Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Nicols India Private Limited, buy the company report.
Legal cases
Nicols India Private Limited has 3 court cases on record: 3 filed by Nicols India. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Court case (Complaint Cases) | Filed by the company against an individual | Pending |
| District court, North, Delhi | Criminal case | Filed by the company against an individual | Disposed |
| District court, South, Delhi | Civil suit | Filed by the company against individuals | Disposed |
To see the full case history of Nicols India 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nicols India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nicols India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCN5183B1ZQ | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nicols India Private Limited, buy the company report.
Recent activity
Nicols India Private Limited has 9 board changes on record since 1999: 2 appointments and 7 cessations. The latest: Megha Seth ceased to be Director on 30 Oct 2017.
Frequently asked questions
Nicols India is an active private limited company based in Delhi, India. The company works in real estate financing, within the financial services industry. It was incorporated on 24 June 1976 (50+ years old) and is registered under CIN U74899DL1976PTC008235.
Nicols India has 2 current directors:
- Rukman Seth - Director
- Aarti Seth - Director
The latest financial statements of Nicols India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nicols India is 07AABCN5183B1ZQ, registered in Delhi.
The CIN (Corporate Identification Number) of Nicols India is U74899DL1976PTC008235. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nicols India has 3 court cases on record: 3 filed by the company. 1 is pending.
Nicols India was incorporated on 24 June 1976, making it 50+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Nicols India by revenue are Dihang Edutech Infrastructure Private Limited, Janki Apex Industries Private Limited, Sapath Financial Services Pvt Ltd, Sai Highrise Private Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Megha Seth ceased to be Director on 30 Oct 2017. Neha Krishn Goel ceased to be Director on 30 Oct 2017. Shiv Prasad Seth ceased to be Director on 30 Oct 2017. Nicols India has 9 board changes on record in total.
Nicols India can be reached through the website nicolhouse.in. Its registered office is in Delhi, India.
The registered office of Nicols India is at A 270 Defence Colony New Delhi, Delhi, India – 110024.

