MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-08-0036635
Nicobar Design Private Limited - e-commerce in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹211.14 Cr
▲ 21% YoY
Net profit · FY 2026
₹15.32 Cr
Net margin 7.3%
EBITDA · FY 2026
₹26.79 Cr
EBITDA margin 12.7%
Authorised capital
₹30 Cr
Registered with MCA
Paid-up capital
₹26 Cr
Issued & subscribed
Open charges
₹30.06 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
188
Provident fund records
About Nicobar Design Private Limited
Data last updated:
Nicobar Design Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 05 June 2017 and has been in existence for over 9 years.
Its director Vikram Lal and family are #14 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U52609DL2017PTC388736. Its GSTIN is 07AAFCN6567R1ZJ (Delhi). The company holds 22 GST registrations, of which 14 are active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹26 Cr. It is led by directors including Raul Rai (Whole-Time Director) and Vikram Lal.
Its last annual general meeting (AGM) was held on 21 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 3rd Floor Select City Walk A – 3 District Centre Saket, New Delhi, Delhi, India – 110017.
As per the financials filed for FY 2026, the company reported a revenue of ₹211.14 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹15.32 Cr (net margin 7.3%) and EBITDA of ₹26.79 Cr (EBITDA margin 12.7%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 42% over five years.
The company has about 188 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Nicobar. As per MCA filings, the company has open charges of ₹30.06 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 2 cases are pending. The company has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in October 2019. The company has 27 MSME Form 1 returns on record between 2018 and 2024, listing 188 overdue payments to 67 micro and small suppliers.
Nicobar Design Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0036635). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nicobar.com.
Company details
CIN U52609DL2017PTC388736
Registration Number 388736
Incorporation Date 05 June 2017
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 21 August 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-DL-08-0036635
CIN history
Nicobar Design has one previous CIN (Corporate Identification Number): U52609MH2017PTC295738. The current CIN is U52609DL2017PTC388736, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52609DL2017PTC388736 | Current |
| U52609MH2017PTC295738 | Previous |
Recognitions & Rankings of Nicobar Design
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #14 Vikram Lal & family ₹1,20,700 Cr
Contact details
Nicobar Design Private Limited's registered office is in New Delhi, Delhi. Its website is nicobar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address3rd Floor Select City Walk A – 3 District Centre Saket, New Delhi, Delhi, India – 110017
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Nicobar Design Private Limited, buy the company report.
Comprehensive company report
Nicobar Design Private Limited - one report that includes everything
- 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
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Brands
Nicobar Design operates one associated brand: Nicobar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Sells modern Indian clothing, home decor, and lifestyle products online. | nicobar.com |
Business activity
The main business activity of Nicobar Design is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Nicobar Design Private Limited, buy the company report.
Financials of Nicobar Design Private Limited
FY 2026 filings availableNicobar Design Private Limited reported revenue of ₹211.14 Cr (up 21% YoY) for FY 2026.
Revenue · FY 2026
₹211.14 Cr ▲ 21%
Net profit · FY 2026
₹15.32 Cr margin 7.3%
EBITDA · FY 2026
₹26.79 Cr margin 12.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 32%
5 years · compounded
▲ 42%
EBITDA CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 58%
Revenue has grown at a compounded annual rate (CAGR) of 42% over five years, including 21% growth in the latest year. EBITDA rose 13% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹211.14 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹26.79 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.32 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.7% | ||||
| Net Profit Margin | 7.3% | ||||
| 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 Nicobar Design Private Limited, buy the company report.
Board of directors of Nicobar Design Private Limited
Nicobar Design has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikram Lal Also directs: Ruar Himalaya Private Limited, Rosabagh Perfumerie Private Limited, Eicher Goodearth Private Limited. and 5 more | Director | 05 Jun 2017 | 9 Years 5 Months | Current |
| Simran Lal Also directs: Shambhala Goodearth Private Limited, Goodearth Design Studio Private Limited, Nicobar Design Studio Private Limited and 2 more | Director | 29 Jan 2018 | 8 Years 9 Months | Current |
| Raul Rai Also directs: Shambhala Goodearth Private Limited, Nicobar Design Studio Private Limited, SST Holiday Homes Private Limited and 1 more | Whole-Time Director | 29 Jan 2018 | 8 Years 9 Months | Current |
| Harish Chawla Also directs: Ruar Himalaya Private Limited, Rosabagh Perfumerie Private Limited, Eicher Goodearth Private Limited. and 5 more | Director | 05 Jun 2017 | 9 Years 5 Months | Current |
Auditor
Nicobar Design Private Limited is audited by AA & Associates for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AA & Associates | FY 2026 | 000902N |
Shareholding
The shareholding of Nicobar Design Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nicobar Design Private Limited, buy the company report.
Charges & borrowings
Open charges
₹30.06 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Sep 2024 | 100976549 | Others | ₹30 Cr | Open | |
| 05 Aug 2023 | 100772151 | Others | ₹6 Lakh | Open |
Total charge records: 2 View all charges
Deals & funding
Nicobar Design Private Limited has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in October 2019.
Total deals
3
Rights issues
2
Secondary share transfer
1
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2019 | Rights issue | ₹6 Cr | Investors: Simran Lal Trust, an individual |
| Mar 2018 | Rights issue | ₹19.87 Cr | Investors: Simran Lal Trust |
| Feb 2018 | Secondary share transfer | Undisclosed | Buyer: Simran Lal Trust Seller: The Lal Family Trust, 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nicobar Design Private Limited has 4 court cases on record: 2 filed by Nicobar Design, 2 filed against it. 2 cases are pending and 2 are disposed.
Total cases
4
Filed by the company
2
Filed against the company
2
Pending
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 2 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against Katako Homes LLP and 2 others | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, South, Delhi | Civil suit | Filed against the company by an individual | Pending |
| District court, South, Delhi | Criminal case | Filed against the company by an individual | Disposed |
To see the full case history of Nicobar Design 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
Nicobar Design Private Limited has 27 MSME Form 1 returns on record between 2018 and 2024, listing 188 overdue payments to 67 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 67)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Texbasket Private Limited | |||
| Lord Shiva Fabrics | |||
| an individual supplier | |||
| NVM Design & Contracts Private Limited | |||
| Divyashi Enterprises |
To see the full MSME payment records of Nicobar Design Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Nicobar Design Private Limited has a workforce of 188 employees on its EPFO records as of Apr 09, 2024, across 2 active EPFO establishments.
Employee count
188
Active EPFO establishments
2
Employee growth
44.62%
GST
Nicobar Design has 22 GST registrations: 14 active and 8 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
22
Active
14
Cancelled / inactive
8
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCN6567R1ZJ | Delhi | Active | 19 Jan 2018 |
| 07AAFCN6567R2ZI | Delhi | Active | 29 Apr 2025 |
| 06AAFCN6567R1ZL | Haryana | Active | 19 Jan 2018 |
| 08AAFCN6567R1ZH | Rajasthan | Active | 19 Jan 2018 |
To see the full GST registrations and return filing status of Nicobar Design Private Limited, buy the company report.
Recent activity
Nicobar Design Private Limited has 7 board changes on record since 2017: 4 appointments and 3 cessations. The latest: Chitranshi Shukla ceased to be Company Secretary on 30 Apr 2022.
AGM
Nicobar Design Private Limited last Annual general meeting of members was held on 21 Aug 2026 as per latest MCA records.
Filing
Nicobar Design Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Delhi I.
Charges
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100976549 was registered on 02 Sep 2024.
Charges
A charge with Others amounted to Rs. 0.06 Cr with Charge ID 100772151 was registered on 05 Aug 2023.
Ceased
Chitranshi Shukla ceased to be Company Secretary.
Ceased
Raul Rai ceased to be Additional Director.
Ceased
Simran Lal ceased to be Additional Director.
Appointed
Raul Rai was appointed as Whole-Time Director.
Appointed
Simran Lal was appointed as Director.
Appointed
Harish Chawla was appointed as Director.
Appointed
Vikram Lal was appointed as Director.
Incorporation
05 Jun 2017
Nicobar Design Private Limited was registered on 05 Jun 2017 with Roc Delhi I & aged 9 years 5 months as per MCA records.
News
Frequently asked questions
Nicobar Design is an active private limited company based in New Delhi, Delhi, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 05 June 2017 (9+ years old) and is registered under CIN U52609DL2017PTC388736.
Nicobar Design has 4 current directors:
- Raul Rai - Whole-Time Director
- Vikram Lal - Director
- Simran Lal - Director
- Harish Chawla - Director
The latest financial statements of Nicobar Design on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 21 August 2026. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Nicobar Design is 07AAFCN6567R1ZJ, registered in Delhi. The company has 22 GST registrations in all, of which 14 are active and 8 are cancelled or inactive. Other active GSTINs include 07AAFCN6567R2ZI (Delhi), 06AAFCN6567R1ZL (Haryana), 08AAFCN6567R1ZH (Rajasthan).
The CIN (Corporate Identification Number) of Nicobar Design is U52609DL2017PTC388736. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nicobar Design has 4 court cases on record: 2 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Nicobar Design was incorporated on 05 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
Nicobar Design has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in October 2019.
Chitranshi Shukla ceased to be Company Secretary on 30 Apr 2022. Raul Rai ceased to be Additional Director on 29 Sep 2018. Simran Lal ceased to be Additional Director on 29 Sep 2018. Nicobar Design has 7 board changes on record in total.
Yes, Nicobar Design is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-08-0036635).
Nicobar Design has 27 MSME Form 1 returns on record between 2018 and 2024, listing 188 overdue payments to 67 micro and small suppliers. The latest return was filed on 28 Apr 2024.
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