- Category
- Medium (2024-25)
- Udyam number
- UDYAM-HR-03-0014293

About Sietz Technologies India Private Limited
Data last updated:
Sietz Technologies India Private Limited is a private limited company based in Faridabad, Haryana, India, a subsidiary of Niky Tasha Limited. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 31 July 1975 and has been in existence for over 51 years.
Its director Nikhil Nanda is #633 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899HR1975PTC107706. Its GSTIN is 06AAACN0153A1ZB (Haryana). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹8.3 Cr and a paid-up capital of ₹5.85 Cr. It was formerly known as Niky Tasha (India) Limited and Niky Tasha (India) Private Limited. It is led by directors including Vinod Dixit and Nikhil Nanda.
Its last annual general meeting (AGM) was held on 16 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. 38 Sector – 6, Faridabad, Haryana, India – 121006.
As per the financials filed for FY 2023, the company reported a revenue of ₹186.62 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹5.83 Cr (net margin -3.1%) and EBITDA of ₹3.79 Cr (EBITDA margin 2%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 6% over five years.
The company has about 103 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20.19 Cr and satisfied charges of ₹10.83 Cr on record. Court records list 34 cases involving the company, including 15 filed by the company and 19 filed against it; 10 cases are pending. The company has 16 deals on record (8 secondary share transfers, 4 funding rounds, 2 debt financings), with disclosed funding of ₹7.3 Cr; the latest was in March 2023. The company has 14 MSME Form 1 returns on record between 2019 and 2022, listing 4,077 overdue payments to 170 micro and small suppliers.
Sietz Technologies India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-03-0014293). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sietz-india.com.
Company details
Name history
Sietz Technologies India has undergone 2 name changes throughout its history. The company was previously known as Niky Tasha (India) Limited, and Niky Tasha (India) Private Limited. The current legal name is Sietz Technologies India Private Limited.
| Company Name | Status |
|---|---|
| Sietz Technologies India Private Limited | Current |
| Niky Tasha (India) Limited | Previous |
| Niky Tasha (India) Private Limited | Previous |
CIN history
Sietz Technologies India has one previous CIN (Corporate Identification Number): U74899DL1975PTC007857. The current CIN is U74899HR1975PTC107706, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899HR1975PTC107706 | Current |
| U74899DL1975PTC007857 | Previous |
Recognitions & Rankings of Sietz Technologies India
- #633 Nikhil Nanda ₹5,100 Cr
Contact details
Sietz Technologies India Private Limited's registered office is in Faridabad, Haryana. Its website is sietz-india.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 38 Sector – 6, Faridabad, Haryana, India – 121006
- IndustryMachinery and Equipment, Industrial Tools & Components, Tractors & Agricultural Machinery
To see the full contact details of Sietz Technologies 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
Financials of Sietz Technologies India Private Limited
FY 2024 filings availableSietz Technologies India Private Limited reported revenue of ₹186.62 Cr (down 7% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 7% fall 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹186.62 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.79 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.83 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2% | ||||
| Net Profit Margin | -3.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Sietz Technologies India Private Limited, buy the company report.
Board of directors of Sietz Technologies India Private Limited
Sietz Technologies India has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Dixit Also directs: Fincos Technology Solutions Private Limited | Director | 10 Feb 2022 | 4 Years 9 Months | Current |
| Nikhil Nanda Also directs: Escorts Kubota Limited, Big Apple Clothing Private Limited, Niky Tasha Private Limited and 2 more | Director | 30 Sep 2004 | 22 Years 1 Months | Current |
| Nitasha Nanda Also directs: Escorts Kubota Limited, Big Apple Clothing Private Limited, Sietz Auto Technologies Private Limited and 5 more | Director | 30 Sep 2008 | 18 Years 1 Months | Current |
| Surjit Kumar Chopra | Director | 17 Apr 2023 | 3 Years 6 Months | Current |
Auditor
Sietz Technologies India Private Limited is audited by S. N. Dhawan & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. N. Dhawan & Co. LLP | FY 2023 | 000050N/N500045 |
Shareholding
The shareholding of Sietz Technologies India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sietz Technologies India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Oct 2020 | 100398869 | Axis Bank Limited | ₹2.19 Cr | Open | |
| 26 May 2009 | 10162587 | Axis Bank Limited | ₹18 Cr | Open | |
| 25 May 2019 | 100279452 | Others | ₹2 Cr | Satisfied | |
| 27 Feb 2019 | 100247031 | Others | ₹57.7 Lakh | Satisfied | |
| 22 Oct 2018 | 100216131 | Others | ₹8.42 Lakh | Satisfied |
To see the full charge records of Sietz Technologies India Private Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Sietz Technologies India Private Limited has 16 deals on record (8 secondary share transfers, 4 funding rounds, 2 debt financings), with disclosed funding of ₹7.3 Cr; the latest was in March 2023.
Deals on record (5 of 16)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Rights issue | ₹4 Cr | Investors: Niky Tasha Private Limited , 2 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Seller: Niky Tasha Private Limited , Allgrow Finance and Investment Private Limited |
| Jan 2022 | Rights issue | ₹2.5 Cr | Investors: Niky Tasha Private Limited , 2 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Allgrow Finance and Investment Private Limited Seller: Diamond Leasing and Finance Limited |
| May 2019 | Debt financing | ₹2 Cr | Investors: Har Parshad and Company Private Limited |
To see the full deal history of Sietz Technologies India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sietz Technologies India Private Limited has 34 court cases on record: 15 filed by Sietz Technologies India, 19 filed against it. 10 cases are pending and 24 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 25 | 15 | 8 |
| High courts | 7 | 3 | 2 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Court case (CS37) | Filed by the company against Ms Rasandik Engineering Industries India Ltd. and 5 others | Disposed |
| District court, Faridabad, Haryana | Court case (C S) | Filed by the company against Camtech Heavy Engineerging Company and 1 other | Pending |
| District court, Faridabad, Haryana | Court case (C S) | Filed by the company against M/S Kamal Agriculture and Machinery and 1 other | Pending |
| District court, Faridabad, Haryana | Court case (C S) | Filed by the company against M/S Shubhana Tractors and 2 others | Pending |
| District court, Faridabad, Haryana | Court case (C S) | Filed by the company against M/S Dhillon Agricuture Store and 1 other | Pending |
To see the full case history of Sietz Technologies 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
Sietz Technologies India Private Limited has 14 MSME Form 1 returns on record between 2019 and 2022, listing 4,077 overdue payments to 170 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 170)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Coaters | |||
| an individual supplier | |||
| an individual supplier | |||
| VKG Metal Processor |
To see the full MSME payment records of Sietz Technologies India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Sietz Technologies India has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACN0153A1ZB | Haryana | Active | 01 Jul 2017 |
| 07AAACN0153A1Z9 | Delhi | Active | 21 Jan 2020 |
To see the full GST registrations and return filing status of Sietz Technologies India Private Limited, buy the company report.
Recent activity
Sietz Technologies India Private Limited has 7 board changes on record since 2004: 4 appointments and 3 cessations. The latest: Surjit Kumar Chopra ceased to be Additional Director on 11 May 2023.
32 earlier events are in the company report.
Frequently asked questions
Sietz Technologies India is an active private limited company based in Faridabad, Haryana, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 31 July 1975 (51+ years old) and is registered under CIN U74899HR1975PTC107706.
Sietz Technologies India has 4 current directors:
- Vinod Dixit - Director
- Nikhil Nanda - Director
- Nitasha Nanda - Director
- Surjit Kumar Chopra - Director
The latest financial statements of Sietz Technologies India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 16 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Sietz Technologies India is 06AAACN0153A1ZB, registered in Haryana. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 07AAACN0153A1Z9 (Delhi).
The CIN (Corporate Identification Number) of Sietz Technologies India is U74899HR1975PTC107706. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sietz Technologies India has 34 court cases on record: 15 filed by the company and 19 filed against it. 10 are pending. Most are in the district courts.
Sietz Technologies India was incorporated on 31 July 1975, making it 51+ years old. It is registered with the Registrar of Companies, Delhi.
Sietz Technologies India has 16 deals on record (8 secondary share transfers, 4 funding rounds, 2 debt financings), with disclosed funding of ₹7.3 Cr; the latest was in March 2023.
Surjit Kumar Chopra ceased to be Additional Director on 11 May 2023. Surjit Kumar Chopra was appointed as Director on 17 Apr 2023. Sanjay Sakhuja ceased to be Director on 26 Mar 2023. Sietz Technologies India has 7 board changes on record in total.
Yes, Sietz Technologies India is registered as a medium enterprise under Udyam registration (number: UDYAM-HR-03-0014293).
Sietz Technologies India has 14 MSME Form 1 returns on record between 2019 and 2022, listing 4,077 overdue payments to 170 micro and small suppliers. The latest return was filed on 21 Oct 2022.

