- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-25-0003587

About Nick Petrochem Private Limited
Data last updated:
Nick Petrochem Private Limited is a private limited company based in Pardi, Gujarat, India. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 22 December 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U23209GJ2009PTC058965. Its GSTIN is 24AADCN1445Q1Z8 (Gujarat). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Chaitanya Bhawanji Nanda and Murji Narshi Nanda.
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 Pardi, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹59.6 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹2.29 Cr (net margin 3.8%) and EBITDA of ₹4.8 Cr (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 31% over five years.
The company is associated with 1 brand: Nick Petrochem. As per MCA filings, the company has open charges of ₹7.62 Cr and satisfied charges of ₹1 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 4 cases are pending.
Nick Petrochem Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-25-0003587). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nickpetrochem.in.
Company details
Recognitions & Rankings of Nick Petrochem
Contact details
Nick Petrochem Private Limited's registered office is in Pardi, Gujarat. Its website is nickpetrochem.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No. 2357 Ambach Vapi – Pariya Road, Paner Faliya Opp. Maruti Petrol Pump Vapi, Pardi, Gujarat, India – 396145
- IndustryChemicals and Materials, Petrochemicals & Derivatives
To see the full contact details of Nick Petrochem 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
Brands
Nick Petrochem operates one associated brand: Nick Petrochem. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces engine oils, fluids, and greases for automotive and industrial use. | nickpetrochem.in |
Business activity
The main business activity of Nick Petrochem is manufacturing. In detail, this covers coke and refined petroleum products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C5 | Coke and refined petroleum products |
To see the full business activity and turnover split of Nick Petrochem Private Limited, buy the company report.
Financials of Nick Petrochem Private Limited
FY 2024 filings availableNick Petrochem Private Limited reported revenue of ₹59.6 Cr (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 17% growth in the latest year. EBITDA fell 8% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.8 Cr | ||||
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| Net Profit (PAT) | ₹2.29 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 8% | ||||
| Net Profit Margin | 3.8% | ||||
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To see the full financial statements and ratios of Nick Petrochem Private Limited, buy the company report.
Board of directors of Nick Petrochem Private Limited
Nick Petrochem has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chaitanya Bhawanji Nanda | Director | 22 Dec 2009 | 16 Years 10 Months | Current |
| Murji Narshi Nanda Also directs: Napson Lubricants Private Limited | Director | 22 Dec 2009 | 16 Years 10 Months | Current |
| Dhaval Murjibhai Nanda | Director | 01 Apr 2023 | 3 Years 7 Months | Current |
Peer comparison
Nick Petrochem Private Limited is compared with the 5 companies closest to it by revenue in the Chemicals industry (Petrochemicals), with the same principal business activity (coke and refined petroleum products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ultra Plus Lubes Private Limited | ₹59.9 Cr (FY 2024) | 15.0% | Panvel, Maharashtra, India | |||
| Nick Petrochem Private Limitedthis company | ₹59.6 Cr (FY 2025) | ₹2.29 Cr | 3.8% | 17.0% | Pardi, Gujarat, India | |
| Offshore Petrolubes Private Limited | ₹59.19 Cr (FY 2025) | 12.0% | Nagpur, Maharashtra, India | |||
| Cauldron Petrotech India Private Limited | ₹59.06 Cr (FY 2024) | 18.0% | Jaipur, Rajasthan, India | |||
| Sidhvinayak Bitumen Enterprise Private Limited | ₹58.58 Cr (FY 2025) | -3.0% | Kolkata, West Bengal, India | |||
| Mixxon Petrochemicals Private Limited | ₹57.6 Cr (FY 2025) | 5.0% | Kesinga, Odisha, India |
To see the full peer comparison of Nick Petrochem Private Limited, buy the company report.
Auditor
Nick Petrochem Private Limited is audited by J A KAKKAD & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J A KAKKAD & CO. | FY 2023 | 137718W |
Shareholding
The shareholding of Nick Petrochem 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 Nick Petrochem Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 2013 | 10416730 | Others | ₹7.62 Cr | Open | |
| 10 Oct 2023 | 100797505 | Others | ₹1 Cr | Satisfied |
To see the full charge records of Nick Petrochem Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Nick Petrochem Private Limited has 4 court cases on record: 4 filed by Nick Petrochem. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 4 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Valsad, Gujarat | Criminal complaint | Filed by the company against Pritam Baroi, Propriter of M/S. Vivaan Enterprises | Pending |
| District court, Valsad, Gujarat | Court case (CR EN) | Filed by the company against an individual | Pending |
| District court, Valsad, Gujarat | Criminal complaint | Filed by the company against Prajna Prasarika Mohanty Prop. of M/S. Alltech Industries | Pending |
| District court, Valsad, Gujarat | Criminal complaint | Filed by the company against Nara Simha Murthy Bheri, Proprietor of M/S. Nikhila Enterprises | Pending |
To see the full case history of Nick Petrochem 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 Nick Petrochem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nick Petrochem has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCN1445Q1Z8 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nick Petrochem Private Limited, buy the company report.
Recent activity
Nick Petrochem Private Limited has 3 board changes on record since 2009: 3 appointments. The latest: Dhaval Murjibhai Nanda was appointed as Director on 01 Apr 2023.
Frequently asked questions
Nick Petrochem is an active private limited company based in Pardi, Gujarat, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 22 December 2009 (17+ years old) and is registered under CIN U23209GJ2009PTC058965.
Nick Petrochem has 3 current directors:
- Chaitanya Bhawanji Nanda - Director
- Murji Narshi Nanda - Director
- Dhaval Murjibhai Nanda - Director
The latest financial statements of Nick Petrochem on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Nick Petrochem is 24AADCN1445Q1Z8, registered in Gujarat. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Nick Petrochem is U23209GJ2009PTC058965. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nick Petrochem has 4 court cases on record: 4 filed by the company. 4 are pending.
Nick Petrochem was incorporated on 22 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Nick Petrochem by revenue are Ultra Plus Lubes Private Limited, Offshore Petrolubes Private Limited, Cauldron Petrotech India Private Limited, Sidhvinayak Bitumen Enterprise Private Limited, Mixxon Petrochemicals Private Limited, all in the Chemicals industry (Petrochemicals), with the same principal business activity (coke and refined petroleum products).
Dhaval Murjibhai Nanda was appointed as Director on 01 Apr 2023. Chaitanya Bhawanji Nanda was appointed as Director on 22 Dec 2009. Murji Narshi Nanda was appointed as Director on 22 Dec 2009.
Yes, Nick Petrochem is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-25-0003587).
Nick Petrochem can be reached through the website nickpetrochem.in. Its registered office is in Pardi, Gujarat, India.

