Nichrome India Limited - Company Profile

Q: Who are the current directors of Nichrome India Limited?

The current directors of Nichrome India Limited are Ramchandra Raghvendra Rao, Upendra Goraksha Deglurkar, Mrunalini Harish Joshi, Ashok Natwarlal Kothary, Shrinivas Vinayak Joshi, Maithilee Harish Joshi, Mukund Kondvikar Vasant.

It is a machinery and equipment public limited company based in Pune, Maharashtra, India, established in 1960.

1960 Pune, Maharashtra, India Active

Last Updated: March 06, 2026

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About Nichrome India Limited

Nichrome India Limited, a active public limited company, was established on 29 January 1960 in Pune, Maharashtra, India. Engaging in packaging machinery & equipment within the manufacturing sector, it holds CIN: U28113MH1960PLC011575. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹6.61 Cr.

Formerly known as Tetra Pak Nichrome (India) Private Limited, Tetra Pak Nichrome (India) Limited. It upholds a compliant status. Employing 237 professional, Its leadership includes Ramchandra Raghvendra Rao (Additional Director), Upendra Goraksha Deglurkar (Director), Mrunalini Harish Joshi (Whole-Time Director). Past directors included Hemant Mukund Ogale, Pramod Madhukar Chaudhari, Mrunalini Harish Joshi. It holds ₹35.77 Cr open charges and ₹36.76 Cr settled loans. Its latest AGM occurred on 13 June 2025, with the balance sheet filed on 31 March 2025. It is based at Saffire Park Galleriapune - Mumbai Road Shivaginagar, Pune, Maharashtra, 411005.

Company Details

CIN/LLPIN
U28113MH1960PLC011575
Registration Number
011575
Incorporation Date
29 January 1960
Authorized Capital
₹10.00 Cr
Paid-Up Capital
₹6.61 Cr
ROC Code
Roc Pune
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 10.00 Cr as on 06-03-2026
Paid Up Capital ₹ 6.61 Cr as on 06-03-2026
Company Age 66 Year, 5 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 35.77 Cr as on 06-03-2026
Satisfied Charges ₹ 36.76 Cr as on 06-03-2026
Revenue Growth **** 16.19% (FY 2024)
Profit Growth **** 58.58% (FY 2024)
Ebitda **** 43.52% (FY 2024)
Net Worth 3.06% (FY 2024)
Total Assets **** 13.99% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Nichrome India Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Nichrome India Limited?

Current Directors

Name	Designation	Appointment Date	Status
Ramchandra Raghvendra Rao	Additional Director	10 Apr 2023	Current
Upendra Goraksha Deglurkar	Director	29 Aug 2024	Current
Mrunalini Harish Joshi	Whole-Time Director	29 Jun 2013	Current
Ashok Natwarlal Kothary	Director	08 Jul 2024	Current
Shrinivas Vinayak Joshi	Whole-Time Director	03 Apr 1990	Current
Maithilee Harish Joshi	Whole-Time Director	20 Dec 2023	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Managing Director	31 Mar 2019	Past
Pramod Abcsdd	Director	28 Aug 2020	Past
Pramod Abcsdd	Additional Director	01 Jul 2013	Past
Pramod Abcsdd	Director	20 Jun 2024	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Director	20 Jun 2024	Past

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Financial Performance of Nichrome India.

Nichrome India Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 16.19% increase. The company also saw a substantial improvement in profitability, with a 58.58% increase in profit. The company's net worth moved up by a moderate rise of 3.06%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

16.19%

*******

Revenue from Operations

*******

16.33%

*******

Total Assets

*******

13.99%

*******

Profit or Loss

*******

58.58%

*******

Net Worth

*******

3.06%

*******

EBITDA

*******

43.52%

*******

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What is the Ownership and Shareholding Structure of Nichrome India?

In 2023, Nichrome India had a promoter holding of 95.02% and a public holding of 4.98%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹357,689,000.00

Satisfied Charges

₹367,566,408.00

Charges Breakdown by Lending Institutions

Others : 34.37 Cr
Sidbi : 1.40 Cr

Latest Charge Details

Date	Lender	Amount	Status
09 Dec 2025	Others	₹6.82 M	Open
29 Dec 2023	Others	₹5.00 Cr	Open
21 Oct 2022	Sidbi	₹8.63 M	Open
09 Dec 2021	Others	₹1.99 M	Open
24 Nov 2021	Sidbi	₹5.35 M	Open

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How Many Employees Work at Nichrome India?

Nichrome India has a workforce of 237 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Nichrome India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Nichrome India's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Nichrome India

Recent Activity within the Organization

Charges

A charge with Others amounted to Rs. 0.68 Cr with Charge ID 101196270 was registered on 09 Dec 2025. was recorded as a recent event.
09 Dec 2025
Annual General Meeting

The activity Nichrome India Limited last Annual general meeting of members was held on 13 Jun 2025 as per latest MCA records. was completed.
13 Jun 2025
Balance Sheet

The activity Nichrome India Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune. was completed.
31 Mar 2025
Charges

The activity A charge registered on 02 Apr 2014 via Charge ID 10493556 with Bank Of Baroda was fully satisfied on 01 Oct 2024. was completed.
01 Oct 2024
Charges

The activity A charge registered on 28 Mar 2005 via Charge ID 90087218 with Bank Of Baroda was fully satisfied on 01 Oct 2024. was completed.
01 Oct 2024
Charges

The activity A charge registered on 02 Dec 2002 via Charge ID 90092002 with Bank Of Baroda was fully satisfied on 01 Oct 2024. was completed.
01 Oct 2024

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