Nice Exports Pvt.Ltd
About Nice Exports Pvt.Ltd
Data last updated:
Nice Exports Pvt.Ltd is a private limited company based in Ludhiana, Punjab, India. It operates in the bicycle mfg and retail segment of the automotive sector. It was incorporated on 31 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U50300PB2010PTC033757. Its GSTIN is 03AADCN2487Q2ZZ (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.23 Cr. It is led by directors Sanjeev Kumar Gupta (Managing Director) and Ritu Gupta.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. A – 15A Phase VII Focal Point Dhandari Kalan, Ludhiana, Punjab, India – 141010.
As per the financials filed for FY 2025, the company reported a revenue of ₹45.66 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹70.34 Lakh (net margin 1.5%) and EBITDA of ₹1.18 Cr (EBITDA margin 2.6%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 10% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹32.12 Cr and satisfied charges of ₹42.52 Cr on record. Court records list 6 cases involving the company, including 5 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressPlot No. A – 15A Phase VII Focal Point Dhandari Kalan, Ludhiana, Punjab, India – 141010
- IndustryAutomotive, Bicycle Mfg & Retail
- 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
- One PDF report, delivered after checkout
Business Activity of Nice Exports Pvt.Ltd
The main business activity of Nice Exports is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Nice Exports Pvt.Ltd FY 2024 filings available
Nice Exports Pvt.Ltd reported revenue of ₹45.66 Cr (down 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Nice Exports Pvt.Ltd
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 14% fall in the latest year. EBITDA fell 5% 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 of Nice Exports Pvt.Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.18 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹70.34 Lakh | •••• | •••• | •••• | •••• |
| 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 of Nice Exports Pvt.Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Nice Exports are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Nice Exports Pvt.Ltd
Nice Exports Pvt.Ltd is compared with the companies closest to it by revenue in the Automobiles industry (Cycles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| United Marathon Engineers Private Limited | ₹57.64 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Punjab, India |
| Northern India Cyco Parts Private Limited | ₹56.15 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | New Delhi, Delhi, India |
| Unistar Technoplast Private Limited | ₹53.31 Cr (FY 2024) | •••• | •••• | -26.0% | •••• | Ludhiana, Punjab, India |
| Vishal Udyog Pvt Ltd | ₹48.65 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Punjab, India |
| Avon Bicycle Components Private Limited | ₹47.46 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Punjab, India |
| Nice Exports Pvt.Ltd this company | ₹45.66 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Ludhiana, Punjab, India |
| Usha Cycle Private Limited | ₹45.58 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
| SKS Eco Wheels Private Limited | ₹44.53 Cr (FY 2024) | •••• | •••• | •••• | Ludhiana, Punjab, India | |
| Tipson Cycles Pvt Ltd | ₹43.68 Cr (FY 2024) | •••• | •••• | -29.0% | •••• | Punjab, India |
| Phoenix Motors (Motor Cycles Division) Private Limited | ₹41.04 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Telangana, India |
| Arpan International Limited | ₹37.89 Cr (FY 2018) | •••• | •••• | -32.0% | •••• | Ludhiana, Punjab, India |
Peers are the five companies nearest above and the five nearest below Nice Exports by revenue in the Automobiles industry (Cycles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Nice Exports Pvt.Ltd
Nice Exports Pvt.Ltd is audited by VINOD AMRIT & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VINOD AMRIT & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Nice Exports Pvt.Ltd
Nice Exports has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeev Kumar Gupta Also directs: HG Walk Private Limited, Nar Seva Foundation | Managing Director | 31 Mar 2010 | 16 Years 6 Months | Current |
| Ritu Gupta | Director | 31 Mar 2010 | 16 Years 6 Months | Current |
Ownership and Shareholding of Nice Exports Pvt.Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Nice Exports Pvt.Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Apr 2025 | Others | ₹2.8 Cr | Open |
| 30 Apr 2025 | Others | ₹2.7 Cr | Open |
| 17 Aug 2021 | Hdfc Bank Limited | ₹6.32 Cr | Open |
| 31 Dec 2019 | Others | ₹18.8 Cr | Open |
| 01 Aug 2011 | The Karnataka Bank Limited | ₹1.5 Cr | Open |
Total charge records: 16 View all charges
Legal Cases of Nice Exports Pvt.Ltd
Nice Exports Pvt.Ltd has 6 court cases on record: 5 filed against it, 1 where it is another party. 3 cases are pending and 3 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 3 |
| District courts | 3 | 3 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Tax appeal | Filed against the company by PR Commissioner of Income Tax, Central, Ludhiana | Pending |
| High Court of Punjab and Haryana | Tax appeal | Company is another party | Pending |
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by Amar Chand and Sons | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by Ark Engineering Ltd | Disposed |
| District court, Faridabad, Haryana | Court case (TRF) | Filed against the company by State of Haryana | Disposed |
Full case history
All 6 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Nice Exports Pvt.Ltd
Nice Exports Pvt.Ltd has a workforce of 2 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Nice Exports Pvt.Ltd
Nice Exports has one previous CIN (Corporate Identification Number): U50300PB2010SGC033757. The current CIN is U50300PB2010PTC033757, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U50300PB2010PTC033757 | Current |
| U50300PB2010SGC033757 | Previous |
Recent Activity on Nice Exports Pvt.Ltd
Nice Exports Pvt.Ltd has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Mohinder Pal ceased to be Director on 10 Dec 2013.
25 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Nice Exports Pvt.Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Nice Exports Pvt.Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Nice Exports Pvt.Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Nice Exports Pvt.Ltd
Nice Exports has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AADCN2487Q2ZZ | Punjab | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Nice Exports Pvt.Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Nice Exports Pvt.Ltd
Nice Exports is an active private limited company based in Ludhiana, Punjab, India. The company works in bicycle mfg and retail, within the automotive industry. It was incorporated on 31 March 2010 (16+ years old) and is registered under CIN U50300PB2010PTC033757.
Nice Exports reported revenue of ₹45.66 Cr for FY 2025 (down 14% YoY).
Nice Exports has 2 current directors:
- Sanjeev Kumar Gupta - Managing Director
- Ritu Gupta - Director
Nice Exports reported a net profit of ₹70.34 Lakh (net margin 1.5%) and EBITDA of ₹1.18 Cr (EBITDA margin 2.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nice Exports is -12% over three years and -10% over five years. In the latest year (FY 2025) revenue fell 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nice Exports is 03AADCN2487Q2ZZ, registered in Punjab. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Nice Exports is U50300PB2010PTC033757. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nice Exports has 6 court cases on record: 5 filed against it. 3 are pending. Most are in the high courts.
Nice Exports was incorporated on 31 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Nice Exports by revenue are United Marathon Engineers Private Limited, Northern India Cyco Parts Private Limited, Unistar Technoplast Private Limited, Vishal Udyog Pvt Ltd, Avon Bicycle Components Private Limited and 5 more, all in the Automobiles industry (Cycles).
Mohinder Pal ceased to be Director on 10 Dec 2013. Ritu Gupta was appointed as Director on 31 Mar 2010. Sanjeev Kumar Gupta was appointed as Managing Director on 31 Mar 2010.