MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0065068
Nifco Advisors Private Limited
Nifco Advisors Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.41 Lakh
▲ 53% YoY
Net profit · FY 2024
₹92,642
Net margin 65.8%
EBITDA · FY 2024
₹1.07 Lakh
EBITDA margin 76.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
30 yrs
Est. 1996
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Nifco Advisors Private Limited
Data last updated:
Nifco Advisors Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the advisory services segment of the financial services sector. It was incorporated on 03 October 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U14107MH1996PTC103031. Its GSTIN is 27AABCM0777C1ZP (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ketan Dhanraj Sukhadia and Jesal Nirav Sukhadia.
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 Office No. 28 1st Floor Hi Life Premises Society Ltd P.M. Road, Mumbai, Maharashtra, India – 400054.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.41 Lakh, a growth of 53% compared to the previous year. For the same year it recorded a net profit of ₹92,642 (net margin 65.8%) and EBITDA of ₹1.07 Lakh (EBITDA margin 76.1%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 79% over five years.
Nifco Advisors Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0065068). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U14107MH1996PTC103031
Registration Number 103031
Incorporation Date 03 October 1996
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0065068
Recognitions & Rankings of Nifco Advisors
Contact details
Nifco Advisors Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No. 28 1st Floor Hi Life Premises Society Ltd P.M. Road, Mumbai, Maharashtra, India – 400054
- IndustryFinancial Services, Advisory, Consultancy, Financial Brokerage
To see the full contact details of Nifco Advisors Private Limited, buy the company report.
Comprehensive company report
Nifco Advisors Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Nifco Advisors is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Nifco Advisors Private Limited, buy the company report.
Financials of Nifco Advisors Private Limited
FY 2025 filings availableNifco Advisors Private Limited reported revenue of ₹1.41 Lakh (up 53% YoY) for FY 2024.
Revenue · FY 2024
₹1.41 Lakh ▲ 53%
Net profit · FY 2024
₹92,642 margin 65.8%
EBITDA · FY 2024
₹1.07 Lakh margin 76.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 53%
3 years · compounded
▲ 8%
5 years · compounded
▲ 79%
EBITDA CAGR growth
1 year
▲ 369%
3 years · compounded
▲ 51%
5 years · compounded
▲ 127%
Revenue has grown at a compounded annual rate (CAGR) of 79% over five years, including 53% growth in the latest year. EBITDA rose 369% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹1.07 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹92,642 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 76.1% | ||||
| Net Profit Margin | 65.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Nifco Advisors Private Limited, buy the company report.
Board of directors of Nifco Advisors Private Limited
Nifco Advisors has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ketan Dhanraj Sukhadia Also directs: Nifco Digital Technologies LLP | Director | 27 Aug 2008 | 18 Years 2 Months | Current |
| Jesal Nirav Sukhadia Also directs: Nifco Digital Technologies LLP | Additional Director | 16 Jul 2020 | 6 Years 3 Months | Current |
Peer comparison
Nifco Advisors Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prime Plus Insurance Marketing Private Limited | ₹1.42 Lakh (FY 2022) | 269.0% | Ahmedabad, Gujarat, India | |||
| Salahakar Finserv Private Limited | ₹1.42 Lakh (FY 2024) | 115.0% | Panipat, Haryana, India | |||
| Food Service Global Solutions Private Limited | ₹1.42 Lakh (FY 2025) | -14.0% | Mumbai, Maharashtra, India | |||
| Tor Business Solutions Private Limited | ₹1.42 Lakh (FY 2025) | Hyderabad, Telangana, India | ||||
| Kiev Shares and Stocks Private Limited | ₹1.42 Lakh (FY 2025) | 2.0% | Kolkata, West Bengal, India | |||
| Nifco Advisors Private Limitedthis company | ₹1.41 Lakh (FY 2024) | ₹92,642 | 65.8% | 53.0% | Mumbai, Maharashtra, India | |
| Laguna Consulting Private Limited | ₹1.41 Lakh (FY 2025) | -96.0% | Bangalore, Karnataka, India | |||
| J S Ajinkya Trading and Financial Services Private Limited | ₹1.41 Lakh (FY 2025) | 82.0% | Mumbai, Maharashtra, India | |||
| Eqmatics Private Limited | ₹1.41 Lakh (FY 2018) | Bangalore, Karnataka, India | ||||
| Wealth Surge Private Limited | ₹1.4 Lakh (FY 2019) | Coimbatore, Tamil Nadu, India | ||||
| Finherent Assets Private Limited | ₹1.4 Lakh (FY 2025) | 132.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Nifco Advisors Private Limited, buy the company report.
Auditor
Nifco Advisors Private Limited is audited by Shruti Shah & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shruti Shah & Co. | FY 2017 | 116816W |
Shareholding
The shareholding of Nifco Advisors Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Nifco Advisors Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nifco Advisors Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nifco Advisors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nifco Advisors has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM0777C1ZP | Maharashtra | Active | 15 Jul 2021 |
To see the full GST registrations and return filing status of Nifco Advisors Private Limited, buy the company report.
Recent activity
Nifco Advisors Private Limited has 10 board changes on record since 1999: 6 appointments and 4 cessations. The latest: Jesal Nirav Sukhadia was appointed as Additional Director on 16 Jul 2020.
AGM
Nifco Advisors Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Nifco Advisors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Jesal Nirav Sukhadia was appointed as Additional Director.
Ceased
Nirav Ketan Sukhadia ceased to be Director.
Ceased
Kiran Pravinchandra Vora ceased to be Director.
Ceased
Pravinchandra Popatlal Vora ceased to be Director.
Ceased
Tushar Pravinchandra Vora ceased to be Director.
Appointed
Ketan Dhanraj Sukhadia was appointed as Director.
Appointed
Nirav Ketan Sukhadia was appointed as Director.
Appointed
Kiran Pravinchandra Vora was appointed as Director.
Appointed
Pravinchandra Popatlal Vora was appointed as Director.
Appointed
Tushar Pravinchandra Vora was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Nifco Advisors is an active private limited company based in Mumbai, Maharashtra, India. The company works in advisory, within the financial services industry. It was incorporated on 03 October 1996 (30+ years old) and is registered under CIN U14107MH1996PTC103031.
Nifco Advisors has 2 current directors:
- Ketan Dhanraj Sukhadia - Director
- Jesal Nirav Sukhadia - Additional Director
The latest financial statements of Nifco Advisors 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 Nifco Advisors is 27AABCM0777C1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nifco Advisors is U14107MH1996PTC103031. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nifco Advisors was incorporated on 03 October 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Nifco Advisors by revenue are Prime Plus Insurance Marketing Private Limited, Salahakar Finserv Private Limited, Food Service Global Solutions Private Limited, Tor Business Solutions Private Limited, Kiev Shares and Stocks Private Limited and 5 more, all in the same principal business activity (financial advisory, brokerage and consultancy services).
Jesal Nirav Sukhadia was appointed as Additional Director on 16 Jul 2020. Nirav Ketan Sukhadia ceased to be Director on 16 Jul 2020. Kiran Pravinchandra Vora ceased to be Director on 25 Feb 2009. Nifco Advisors has 10 board changes on record in total.
Yes, Nifco Advisors is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0065068).
The registered office of Nifco Advisors is at Office No. 28 1st Floor Hi Life Premises Society Ltd P.M. Road, Mumbai, Maharashtra, India – 400054.
Nifco Advisors operates in the financial services industry, in the advisory segment.
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