- Category
- Medium (2023-24)
- Udyam number
- UDYAM-UP-28-0051575

About Nicotra India Private Limited
Data last updated:
Nicotra India Private Limited is a private limited company based in Delhi, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 24 September 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U29199DL2002PTC117112. Its GSTIN is 07AABCN6199B1ZG (Delhi). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.83 Cr. It is led by directors including Sachin Maheshwari (Managing Director) and Prabha Maheshwari.
Its last annual general meeting (AGM) was held on 04 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shop No. 2F – 201 II Floor Plot No. 1 & 2 Lsc Block G Kondli Gharoli Mayur Vihar Ph, Ase – III, Delhi, India – 110096.
As per the financials filed for FY 2025, the company reported a revenue of ₹119.87 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹15.04 Cr (net margin 12.5%) and EBITDA of ₹21.53 Cr (EBITDA margin 18%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 11% over five years.
The company has about 79 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹24.5 Cr on record. Court records list 22 cases involving the company, including 20 filed by the company and 2 filed against it; 4 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹11.2 Lakh; the latest was in July 2008.
Nicotra India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0051575). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website caryaire.com.
Company details
Recognitions & Rankings of Nicotra India
Contact details
Nicotra India Private Limited's registered office is in Delhi, Delhi. Its website is caryaire.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShop No. 2F – 201 II Floor Plot No. 1 & 2 Lsc Block G Kondli Gharoli Mayur Vihar Ph, Ase – III, Delhi, India – 110096
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Nicotra India 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
Business activity
The main business activity of Nicotra India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Nicotra India Private Limited, buy the company report.
Financials of Nicotra India Private Limited
FY 2025 filings availableNicotra India Private Limited reported revenue of ₹119.87 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 14% growth in the latest year. EBITDA rose 15% 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 | ₹21.53 Cr | ||||
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| Net Profit (PAT) | ₹15.04 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 | 18% | ||||
| Net Profit Margin | 12.5% | ||||
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To see the full financial statements and ratios of Nicotra India Private Limited, buy the company report.
Board of directors of Nicotra India Private Limited
Nicotra India has 4 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prabha Maheshwari | Director | 28 Sep 2018 | 8 Years 1 Months | Current |
| Sachin Maheshwari | Managing Director | 28 Dec 2002 | 23 Years 10 Months | Current |
| Rishi Bhatnagar | Director | 14 Jun 2023 | 3 Years 4 Months | Current |
| Sachin Ashok Gaikwad | Director | 04 Sep 2025 | 1 Years 2 Months | Current |
Auditor
Nicotra India Private Limited is audited by S A R V A M & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S A R V A M & ASSOCIATES | FY 2023 | 007146N |
Shareholding
The shareholding of Nicotra India 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 Nicotra India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Nov 2020 | 100390687 | Hdfc Bank Limited | ₹4 Cr | Satisfied | |
| 15 May 2013 | 10427755 | Citibank N.A | ₹5 Cr | Satisfied | |
| 30 Apr 2008 | 10104877 | Others | ₹10 Cr | Satisfied | |
| 08 Jan 2005 | 90051216 | Axis Bank Limited | ₹5.5 Cr | Satisfied |
To see the full charge records of Nicotra India Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Nicotra India Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹11.2 Lakh; the latest was in July 2008.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2008 | Funding round | ₹11.2 Lakh | Investors: Caryaire Equipments India Private Limited , an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nicotra India Private Limited has 22 court cases on record: 20 filed by Nicotra India, 2 filed against it. 4 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 1 | 4 |
| High courts | 6 | 1 | 0 |
| NCLT | 3 | 0 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed by the company against Toot Mne Tech Private Limited and Anothers | Disposed |
| District court, East, Delhi | Commercial suit | Filed by the company against M/S Zamil Air Conditioners India Private Limited and Ors and 2 others | Disposed |
| NCLT, Principal Bench | Insolvency matter | Filed by the company against Zamil Air Conditioners India Privatelimited | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Weatherspell Aircon Engineers Private Limited | Disposed |
| High Court | Company petition | Filed against the company by Re : Swastik Allied Engineering Private Limited -and- | Disposed |
To see the full case history of Nicotra India 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 Nicotra India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nicotra India Private Limited has a workforce of 79 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Nicotra India has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCN6199B1ZG | Delhi | Active | 03 Aug 2017 |
| 09AABCN6199B1ZC | Uttar Pradesh | Active | 01 Jul 2017 |
| 29AABCN6199B1ZA | Karnataka | Active | 01 Aug 2017 |
To see the full GST registrations and return filing status of Nicotra India Private Limited, buy the company report.
Recent activity
Nicotra India Private Limited has 20 board changes on record since 2002: 4 appointments and 16 cessations. The latest: Sachin Ashok Gaikwad was appointed as Director on 04 Sep 2025.
21 earlier events are in the company report.
Frequently asked questions
Nicotra India is an active private limited company based in Delhi, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 24 September 2002 (24+ years old) and is registered under CIN U29199DL2002PTC117112.
Nicotra India has 4 current directors:
- Sachin Maheshwari - Managing Director
- Prabha Maheshwari - Director
- Rishi Bhatnagar - Director
- Sachin Ashok Gaikwad - Director
The latest financial statements of Nicotra India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 04 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nicotra India is 07AABCN6199B1ZG, registered in Delhi. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 09AABCN6199B1ZC (Uttar Pradesh), 29AABCN6199B1ZA (Karnataka).
The CIN (Corporate Identification Number) of Nicotra India is U29199DL2002PTC117112. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nicotra India has 22 court cases on record: 20 filed by the company and 2 filed against it. 4 are pending. Most are in the district courts.
Nicotra India was incorporated on 24 September 2002, making it 24+ years old. It is registered with the Registrar of Companies, Delhi.
Nicotra India has 1 deal on record (1 funding round), with disclosed funding of ₹11.2 Lakh; the latest was in July 2008.
Sachin Ashok Gaikwad was appointed as Director on 04 Sep 2025. Rishi Bhatnagar ceased to be Additional Director on 19 Sep 2023. Rishi Bhatnagar was appointed as Director on 14 Jun 2023. Nicotra India has 20 board changes on record in total.
Yes, Nicotra India is registered as a medium enterprise under Udyam registration (number: UDYAM-UP-28-0051575).

