About Nicco Enterprises Limited
Data last updated:
Nicco Enterprises Limited was a public limited company based in Kolkata, West Bengal, India, operated as a subsidiary of Nicco Engineering Services Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 19 November 2007.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U64204WB2007PLC120403.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Nicco Cables Limited. It was led by directors including Kartick Kumar Chatterjee (Managing Director) and Amar Chatterjee.
Its last annual general meeting (AGM) was held on 17 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Kolkata, West Bengal.
As per the financials filed for FY 2024, the company reported a revenue of ₹64,000, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹15,710 (net margin 24.5%) and EBITDA of ₹21,080 (EBITDA margin 32.9%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years.
The last known website on record is niccoengineering.com.
Company details
Contact details
Nicco Enterprises Limited's registered office is in Kolkata, West Bengal. Its website is niccoengineering.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressInfinium Digispace 4th Floor Plot No. – 15 Block – Cp Sector V Salt, Lake City, Kolkata, West Bengal, India – 700091
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Nicco Enterprises 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 Nicco Enterprises Limited
FY 2024 filings availableNicco Enterprises Limited reported revenue of ₹64,000 (up 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 25% over three years, including 19% growth in the latest year. EBITDA rose 14% 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 | ₹21,080 | ||||
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| Net Profit (PAT) | ₹15,710 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 32.9% | ||||
| Net Profit Margin | 24.5% | ||||
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To see the full financial statements and ratios of Nicco Enterprises Limited, buy the company report.
Board of directors of Nicco Enterprises Limited
Nicco Enterprises has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amar Chatterjee Also directs: Nicco Engineering Services Limited | Director | 30 Aug 2019 | 7 Years 1 Months | As last reported |
| Shiladitya Sarkar | Director | 30 Aug 2019 | 7 Years 1 Months | As last reported |
| Kartick Kumar Chatterjee | Managing Director | 11 Feb 2020 | 6 Years 8 Months | As last reported |
| Rajive Kaul | Director | 19 Nov 2007 | 18 Years 11 Months | As last reported |
| Shivsiddhant Narayan Kaul Also directs: Hindustan Wire Metal Products Private Ltd, Beta Commercial Private Limited, Sunflag Commercial Pvt Ltd and 3 more | Director | 11 Feb 2015 | 11 Years 8 Months | As last reported |
Peer comparison
Nicco Enterprises Limited is compared with the 10 companies closest to it by revenue in the Consumer Services industry (Consulting Services, Professional Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Deva Preservation Services Private Limited | ₹64,250 (FY 2025) | -80.0% | Chennai, Tamil Nadu, India | |||
| VKB Consultancy Services Private Limited | ₹64,228 (FY 2018) | 1.0% | New Delhi, Delhi, India | |||
| Twin Verticals Consultancy Private Limited | ₹64,204 (FY 2025) | -94.0% | Ranchi, Jharkhand, India | |||
| Nicco Enterprises Limitedthis company | ₹64,000 (FY 2024) | ₹15,710 | 24.5% | 19.0% | Kolkata, West Bengal, India | |
| Maithili Trusteeship Services Private Limited | ₹64,000 (FY 2024) | 13.0% | Mumbai, Maharashtra, India | |||
| Adani Tracks Management Services Private Limited | ₹64,000 (FY 2021) | Ahmedabad, Gujarat, India | ||||
| Sai Astha Exports Private Limited | ₹64,000 (FY 2019) | -93.0% | New Delhi, Delhi, India | |||
| Matrix Business Advisory Private Limited | ₹64,000 (FY 2024) | 1322.0% | Patna, Bihar, India | |||
| Micro Energy Credits Corporation Private Limited | ₹63,900 (FY 2025) | 216.0% | Mumbai, Maharashtra, India | |||
| Nu-Look Consultancy Pvt Ltd | ₹63,839 (FY 2020) | -32.0% | Kolkata, West Bengal, India | |||
| Intertech Management Consultancy Services Pvt Ltd | ₹63,813 (FY 2025) | -77.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Nicco Enterprises Limited, buy the company report.
Auditor
Nicco Enterprises Limited is audited by G Basu & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G Basu & Co. | FY 2023 | 301174E |
Shareholding
The shareholding of Nicco Enterprises 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 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nicco Enterprises Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nicco Enterprises 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 Nicco Enterprises 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 Nicco Enterprises Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Nicco Enterprises Limited has 10 board changes on record since 2007: 5 appointments and 5 cessations. The latest: Kartick Kumar Chatterjee ceased to be Director on 01 Oct 2021.
1 earlier event is in the company report.
Frequently asked questions
Nicco Enterprises has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Nicco Enterprises was a public limited company based in Kolkata, West Bengal, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 19 November 2007 and is registered under CIN U64204WB2007PLC120403. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Nicco Enterprises was incorporated on 19 November 2007. It is registered with the Registrar of Companies, Kolkata.
Nicco Enterprises had 5 directors:
- Kartick Kumar Chatterjee - Managing Director
- Amar Chatterjee - Director
- Shiladitya Sarkar - Director
- Rajive Kaul - Director
- Shivsiddhant Narayan Kaul - Director
The CIN (Corporate Identification Number) of Nicco Enterprises is U64204WB2007PLC120403. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Nicco Enterprises is at Infinium Digispace 4th Floor Plot No. – 15 Block – Cp Sector V Salt, Lake City, Kolkata, West Bengal, India – 700091.
Nicco Enterprises can be reached through the website niccoengineering.com. Its registered office is in Kolkata, West Bengal, India.
The latest financial statements of Nicco Enterprises on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 17 September 2024. Year-wise statements from 2015 are in the company report.
Nicco Enterprises operated in the business outsourcing industry, in the business and IT consulting segment.
The peers of Nicco Enterprises by revenue are Deva Preservation Services Private Limited, VKB Consultancy Services Private Limited, Twin Verticals Consultancy Private Limited, Maithili Trusteeship Services Private Limited, Adani Tracks Management Services Private Limited and 5 more, all in the Consumer Services industry (Consulting Services, Professional Services).
Kartick Kumar Chatterjee ceased to be Director on 01 Oct 2021. Sunil Kumar Pal ceased to be Director on 20 May 2021. Kartick Kumar Chatterjee was appointed as Managing Director on 11 Feb 2020. Nicco Enterprises has 10 board changes on record in total.