- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0102041

Niki Gears Private Limited
About Niki Gears Private Limited
Data last updated:
Niki Gears Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 15 December 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29290MH1994PTC083761. Its GSTIN is 27AAACN4618E1ZP (Maharashtra).
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹69.9 Lakh. It is led by directors Nikhil Abnashkumar Pasricha and Anita Abnash Pasricha.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Moulds & Dies Private Limitedsurenbaug Estate L B S Marg Kurla (W), Mumbai, Maharashtra, India – 400070.
As per the financials filed for FY 2021, the company reported a revenue of ₹4.66 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.05 Cr (net margin 22.6%) and EBITDA of ₹1.77 Cr (EBITDA margin 38%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 6% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹6.22 Cr on record. Court records list 44 cases involving the company, including 22 filed by the company and 22 filed against it; 12 cases are pending.
Niki Gears Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0102041). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Niki Gears
Contact details
Niki Gears Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressMoulds & Dies Private Limitedsurenbaug Estate L B S Marg Kurla (W), Mumbai, Maharashtra, India – 400070
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Niki Gears 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 Niki Gears is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Niki Gears Private Limited, buy the company report.
Financials of Niki Gears Private Limited
FY 2022 filings availableNiki Gears Private Limited reported revenue of ₹4.66 Cr (up 202% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 202% growth in the latest year. EBITDA rose 452% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹1.77 Cr | ||||
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| Net Profit (PAT) | ₹1.05 Cr | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | 38% | ||||
| Net Profit Margin | 22.6% | ||||
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To see the full financial statements and ratios of Niki Gears Private Limited, buy the company report.
Board of directors of Niki Gears Private Limited
Niki Gears has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anita Abnash Pasricha Also directs: Moulds and Dies Private Limited | Additional Director | 14 Feb 2019 | 7 Years 8 Months | Current |
| Nikhil Abnashkumar Pasricha | Director | 15 Dec 1994 | 31 Years 10 Months | Current |
Peer comparison
Niki Gears Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maxim Precision Technologies Private Limited | ₹4.68 Cr (FY 2024) | -10.0% | Gurgaon, Haryana, India | |||
| Transtel Engineering Private Limited | ₹4.67 Cr (FY 2015) | 37.0% | Baddi, Himachal Pradesh, India | |||
| Panwell Hydraulics and Gauge System Private Limited | ₹4.67 Cr (FY 2025) | 50.0% | Faridabad, Haryana, India | |||
| Niki Gears Private Limitedthis company | ₹4.66 Cr (FY 2021) | ₹1.05 Cr | 22.6% | 202.0% | 5 | Mumbai, Maharashtra, India |
To see the full peer comparison of Niki Gears Private Limited, buy the company report.
Auditor
Niki Gears Private Limited is audited by R K CHAUDHARY & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R K CHAUDHARY & ASSOCIATES | FY 2020 | 133512W |
Shareholding
The shareholding of Niki Gears Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Niki Gears Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Feb 2019 | 100243430 | Others | ₹20 Lakh | Satisfied | |
| 31 Aug 2018 | 100205373 | Others | ₹12 Lakh | Satisfied | |
| 17 May 2018 | 100184603 | Others | ₹40 Lakh | Satisfied | |
| 10 Jul 2015 | 10592909 | Vidya Sahakari Bank Limited | ₹40 Lakh | Satisfied | |
| 25 Jul 2013 | 10439967 | Vidya Sahakari Bank Limited | ₹1.9 Cr | Satisfied |
To see the full charge records of Niki Gears Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Niki Gears Private Limited has 44 court cases on record: 22 filed by Niki Gears, 22 filed against it. 12 cases are pending and 32 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 42 | 22 | 12 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 44)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI APPEAL) | Filed by the company against M/S SKK Steel Enterprises Pvt Ltd Through Kartik Ajay Agarwal and Another One | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI APPEAL) | Filed by the company against M/S. A to Z Alloys Pvt. Ltd. -Through Its Manager Kunal Vasantbhai Dalal and State -- Respondent | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI M A) | Filed by the company against M/S SKK Steel Enterprises Pvt Ltd Through Kartik Ajay Agarwal and Another One and 1 other | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI BAIL APPLN) | Filed by the company against M/S SKK Steel Enterprises Pvt Ltd Through Kartik Ajay Agarwal and Another One and 1 other | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI M A) | Filed by the company against M/S. A to Z Alloys Pvt. Ltd. -Through Its Manager Kunal Vasantbhai Dalal and State -- Respondent | Disposed |
To see the full case history of Niki Gears 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 Niki Gears Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Niki Gears Private Limited has a workforce of 5 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Niki Gears has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN4618E1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Niki Gears Private Limited, buy the company report.
Recent activity
Niki Gears Private Limited has 4 board changes on record since 1994: 2 appointments and 2 cessations. The latest: Asheet Ashwanikumar Pasricha ceased to be Director on 18 Feb 2019.
16 earlier events are in the company report.
Frequently asked questions
Niki Gears is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 15 December 1994 (32+ years old) and is registered under CIN U29290MH1994PTC083761.
Niki Gears has 2 current directors:
- Anita Abnash Pasricha - Additional Director
- Nikhil Abnashkumar Pasricha - Director
The latest financial statements of Niki Gears on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Niki Gears is 27AAACN4618E1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Niki Gears is U29290MH1994PTC083761. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Niki Gears has 44 court cases on record: 22 filed by the company and 22 filed against it. 12 are pending. Most are in the district courts.
Niki Gears was incorporated on 15 December 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Niki Gears by revenue are Maxim Precision Technologies Private Limited, Transtel Engineering Private Limited, Panwell Hydraulics and Gauge System Private Limited, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Asheet Ashwanikumar Pasricha ceased to be Director on 18 Feb 2019. Anita Abnash Pasricha was appointed as Additional Director on 14 Feb 2019. Anita Abnash Pasricha ceased to be Director on 30 Aug 2018. Niki Gears has 4 board changes on record in total.
Yes, Niki Gears is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0102041).
The registered office of Niki Gears is at Moulds & Dies Private Limitedsurenbaug Estate L B S Marg Kurla W, Mumbai, Maharashtra, India – 400070.

