- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0023356

Navkar Nivesh Private Limited
About Navkar Nivesh Private Limited
Data last updated:
Navkar Nivesh Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 02 June 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U64990MH1995PTC311694.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹7.7 Cr. It was formerly known as Pingle Suppliers Private Limited and Pingle Suppliers Pvt.Ltd. It is led by directors Nikunj Kothari (Managing Director) and Rohit Dave (Whole-Time Director).
Its last annual general meeting (AGM) was held on 12 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 231/232 Powai Plaza Opp. Hiranandani Garden Powai, Mumbai, Maharashtra, India – 400076.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.8 Cr, a growth of 66% compared to the previous year. For the same year it recorded a net loss of ₹2.81 Cr (net margin -156.5%) and EBITDA of -₹2.69 Cr (EBITDA margin -149.4%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 16% over five years.
Court records list 13 cases involving the company, including 13 filed by the company; 5 cases are pending.
Navkar Nivesh Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0023356). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Navkar Nivesh has undergone 2 name changes throughout its history. The company was previously known as Pingle Suppliers Private Limited, and Pingle Suppliers Pvt.Ltd.. The current legal name is Navkar Nivesh Private Limited.
| Company Name | Status |
|---|---|
| Navkar Nivesh Private Limited | Current |
| Pingle Suppliers Private Limited | Previous |
| Pingle Suppliers Pvt.Ltd. | Previous |
CIN history
Navkar Nivesh has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U64990MH1995PTC311694, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U64990MH1995PTC311694 | Current |
| U51909MH1995PTC311694 | Previous |
| U51909WB1995PTC071928 | Previous |
Recognitions & Rankings of Navkar Nivesh
Contact details
Navkar Nivesh Private Limited's registered office is in Mumbai, Maharashtra.
- Registered Address231/232 Powai Plaza Opp. Hiranandani Garden Powai, Mumbai, Maharashtra, India – 400076
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
- 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 Navkar Nivesh 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 Navkar Nivesh Private Limited, buy the company report.
Financials of Navkar Nivesh Private Limited
FY 2025 filings availableNavkar Nivesh Private Limited reported revenue of ₹1.8 Cr (up 66% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 66% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 16%. EBITDA fell 964% 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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| EBITDA | -₹2.69 Cr | ||||
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| Net Profit (PAT) | -₹2.81 Cr | ||||
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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 | -149.4% | ||||
| Net Profit Margin | -156.5% | ||||
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To see the full financial statements and ratios of Navkar Nivesh Private Limited, buy the company report.
Board of directors of Navkar Nivesh Private Limited
Navkar Nivesh has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikunj Kothari Also directs: Navkar Heights LLP, Shreemann Pride LLP | Managing Director | 11 Jun 2021 | 5 Years 5 Months | Current |
| Rohit Dave | Whole-Time Director | 12 Aug 2025 | 1 Years 3 Months | Current |
Legal cases
Navkar Nivesh Private Limited has 13 court cases on record: 13 filed by Navkar Nivesh. 5 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 0 | 4 |
| District courts | 4 | 0 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Commercial suit | Filed by the company against Dewan Housing Finance Corporation Ltd. and 1 other | Pending |
| Bombay High Court | Court case (LPETN) | Filed by the company against Gurukrupa Developers and Others | Disposed |
| Bombay High Court | Court case (COMSS) | Filed by the company against an individual | Pending |
| Bombay High Court | Court case (NMCD) | Filed by the company against Om Sai Infra and 19 Ors. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against an individual | Pending |
To see the full case history of Navkar Nivesh 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 Navkar Nivesh Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Navkar Nivesh Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Navkar Nivesh Private Limited has 13 board changes on record since 2007: 2 appointments and 11 cessations. The latest: Rohit Dave was appointed as Whole-Time Director on 12 Aug 2025.
4 earlier events are in the company report.
Frequently asked questions
Navkar Nivesh is an active private limited company based in Mumbai, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 02 June 1995 (31+ years old) and is registered under CIN U64990MH1995PTC311694.
Navkar Nivesh has 2 current directors:
- Nikunj Kothari - Managing Director
- Rohit Dave - Whole-Time Director
The latest financial statements of Navkar Nivesh on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 August 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Navkar Nivesh is U64990MH1995PTC311694. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Navkar Nivesh has 13 court cases on record: 13 filed by the company. 5 are pending. Most are in the high courts.
Navkar Nivesh was incorporated on 02 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Rohit Dave was appointed as Whole-Time Director on 12 Aug 2025. Madhu Shreepal Kothari ceased to be Additional Director on 30 Sep 2022. Nilesh Maganlal Jain ceased to be Additional Director on 12 May 2022. Navkar Nivesh has 13 board changes on record in total.
Yes, Navkar Nivesh is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0023356).
The registered office of Navkar Nivesh is at 231232 Powai Plaza Opp. Hiranandani Garden Powai, Mumbai, Maharashtra, India – 400076.
Navkar Nivesh operates in the financial services industry, in the nbfc segment.

