- #305 Vinod Saraf & family ₹12,500 Cr

Nishit Pharma Chem Private Limited
About Nishit Pharma Chem Private Limited
Data last updated:
Nishit Pharma Chem Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the investment banking and advisory segment of the financial services sector. It was incorporated on 21 March 2002 and has been in existence for over 24 years.
Its director Vinod Saraf and family are #305 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24230MH2002PTC135250. Its GSTIN is 27AABCN4344E1ZP (Maharashtra).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors including Vinati Saraf Mutreja and Vinod Banwarilal Saraf.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹34.87 Lakh, a growth of 35% compared to the previous year. For the same year it recorded a net loss of ₹42.61 Lakh (net margin -122.2%) and EBITDA of -₹36.4 Lakh (EBITDA margin -104.4%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 6% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Nishit Pharma Chem
Contact details
Nishit Pharma Chem Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressParineecrescenzo 1102 11 Thfloor Plotno.C – 38&39 Gblock Behindmca BKC Bandra(E, Ast), Mumbai, Maharashtra, India – 400051
- IndustryFinancial Services, Investment Banking & Advisory
To see the full contact details of Nishit Pharma Chem 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
Financials of Nishit Pharma Chem Private Limited
FY 2025 filings availableNishit Pharma Chem Private Limited reported revenue of ₹34.87 Lakh (up 35% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 35% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA fell 312% 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 | -₹36.4 Lakh | ||||
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| Net Profit (PAT) | -₹42.61 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -104.4% | ||||
| Net Profit Margin | -122.2% | ||||
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To see the full financial statements and ratios of Nishit Pharma Chem Private Limited, buy the company report.
Board of directors of Nishit Pharma Chem Private Limited
Nishit Pharma Chem has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinati Saraf Mutreja Also directs: Vinati Organics Limited, Viral Alkalis Limited, Suchir Chemicals Private Limited and 4 more | Director | 14 Apr 2006 | 20 Years 6 Months | Current |
| Vinod Banwarilal Saraf Also directs: Vinati Organics Limited, Viral Alkalis Limited, Suchir Chemicals Private Limited and 1 more | Director | 21 Mar 2002 | 24 Years 7 Months | Current |
| Viral Mittal Saraf Also directs: Vinati Organics Limited, Viral Alkalis Limited, Suchir Chemicals Private Limited and 4 more | Director | 04 Nov 2010 | 15 Years 11 Months | Current |
| Sunil Banwarilal Saraf Also directs: Viral Alkalis Limited, Suchir Chemicals Private Limited | Director | 21 Mar 2002 | 24 Years 7 Months | Current |
| Kavita Saraf Also directs: Viral Alkalis Limited, Suchir Chemicals Private Limited | Director | 21 Mar 2002 | 24 Years 7 Months | Current |
Peer comparison
Nishit Pharma Chem Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Investment Banking), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cyllid Advisors Private Limited | ₹37 Lakh (FY 2024) | -65.0% | Thane, Maharashtra, India | |||
| Dhanmati Investment Private Limited | ₹36.29 Lakh (FY 2025) | 20.0% | Mumbai, Maharashtra, India | |||
| Saaits Infrastructure Investment and Development Private Limited | ₹36 Lakh (FY 2023) | 3.0% | Chennai, Tamil Nadu, India | |||
| Millionbells Investments Private Limited | ₹35.47 Lakh (FY 2024) | 158.0% | Hyderabad, Telangana, India | |||
| Hope Mercantiles Pvt Ltd | ₹35.06 Lakh (FY 2025) | 4.0% | Kolkata, West Bengal, India | |||
| Nishit Pharma Chem Private Limitedthis company | ₹34.87 Lakh (FY 2025) | -₹42.61 Lakh | -122.2% | 35.0% | Mumbai, Maharashtra, India | |
| Gorakhpur Fertilizers Private Limited | ₹34.33 Lakh (FY 2024) | 15.0% | Uttar Pradesh, India | |||
| Ketki Services Limited | ₹34.1 Lakh (FY 2025) | -44.0% | Delhi, India | |||
| Msa Infrastructure Private Limited | ₹33.88 Lakh (FY 2023) | 170.0% | Kolkata, West Bengal, India | |||
| Steering Securities & Finance Private Limited | ₹33.74 Lakh (FY 2025) | -18.0% | New Delhi, Delhi, India | |||
| SB Capital Consultants Private Limited | ₹33.71 Lakh (FY 2024) | 184.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Nishit Pharma Chem Private Limited, buy the company report.
Auditor
Nishit Pharma Chem Private Limited is audited by ADANDCOMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ADANDCOMPANY | FY 2017 | 100378W |
Shareholding
The shareholding of Nishit Pharma Chem 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 Nishit Pharma Chem Private Limited, buy the company report.
Legal cases
Nishit Pharma Chem Private Limited has 2 court cases on record: 2 filed by Nishit Pharma Chem. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
To see the full case history of Nishit Pharma Chem 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 Nishit Pharma Chem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nishit Pharma Chem has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCN4344E1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nishit Pharma Chem Private Limited, buy the company report.
Recent activity
Nishit Pharma Chem Private Limited has 5 board changes on record since 2002: 5 appointments. The latest: Viral Mittal Saraf was appointed as Director on 04 Nov 2010.
Frequently asked questions
Nishit Pharma Chem is an active private limited company based in Mumbai, Maharashtra, India. The company works in investment banking and advisory, within the financial services industry. It was incorporated on 21 March 2002 (24+ years old) and is registered under CIN U24230MH2002PTC135250.
Nishit Pharma Chem has 5 current directors:
- Vinati Saraf Mutreja - Director
- Vinod Banwarilal Saraf - Director
- Viral Mittal Saraf - Director
- Sunil Banwarilal Saraf - Director
- Kavita Saraf - Director
The latest financial statements of Nishit Pharma Chem 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 Nishit Pharma Chem is 27AABCN4344E1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nishit Pharma Chem is U24230MH2002PTC135250. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nishit Pharma Chem has 2 court cases on record: 2 filed by the company.
Nishit Pharma Chem was incorporated on 21 March 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Nishit Pharma Chem by revenue are Cyllid Advisors Private Limited, Dhanmati Investment Private Limited, Saaits Infrastructure Investment and Development Private Limited, Millionbells Investments Private Limited, Hope Mercantiles Pvt Ltd and 5 more, all in the BFSI industry (Investment Banking).
Viral Mittal Saraf was appointed as Director on 04 Nov 2010. Vinati Saraf Mutreja was appointed as Director on 14 Apr 2006. Kavita Saraf was appointed as Director on 21 Mar 2002. Nishit Pharma Chem has 5 board changes on record in total.
The registered office of Nishit Pharma Chem is at Parineecrescenzo 1102 11 Thfloor Plotno.C – 38&39 Gblock Behindmca BKC BandraE, Ast, Mumbai, Maharashtra, India – 400051.
Nishit Pharma Chem operates in the financial services industry, in the investment banking and advisory segment.