MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0045812
Nidhi Surgical Private Limited - healthcare in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.52 Cr
▼ 33% YoY
Net loss · FY 2025
₹1.49 Lakh
Net margin -0.2%
EBITDA · FY 2025
₹21.55 Lakh
EBITDA margin 3.3%
Authorised capital
₹11 Lakh
Registered with MCA
Paid-up capital
₹10.5 Lakh
Issued & subscribed
Open charges
₹80 Lakh
Secured borrowings
Company age
24 yrs
Est. 2002
Employees · EPFO
17
Provident fund records
About Nidhi Surgical Private Limited
Data last updated:
Nidhi Surgical Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the medical consumables and supplies segment of the healthcare sector. It was incorporated on 09 April 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24230MH2002PTC135459. Its GSTIN is 27AABCN4992N1ZS (Maharashtra).
The company has an authorised share capital of ₹11 Lakh and a paid-up capital of ₹10.5 Lakh. It is led by directors Manish Shantilal Shanghavi and Parul Manish Shanghavi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2/19 Bhuta Niwasdr Ambedkar Road Matunga East, Mumbai, Maharashtra, India – 400019.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.52 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹1.49 Lakh (net margin -0.2%) and EBITDA of ₹21.55 Lakh (EBITDA margin 3.3%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 21% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Nidhi Surgicals. As per MCA filings, the company has open charges of ₹80 Lakh on record.
Nidhi Surgical Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0045812). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nidhisurgicals.com.
Company details
CIN U24230MH2002PTC135459
Registration Number 135459
Incorporation Date 09 April 2002
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0045812
Recognitions & Rankings of Nidhi Surgical
Contact details
Nidhi Surgical Private Limited's registered office is in Mumbai, Maharashtra. Its website is nidhisurgicals.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address2/19 Bhuta Niwasdr Ambedkar Road Matunga East, Mumbai, Maharashtra, India – 400019
- IndustryHealthcare, Medical Consumables & Supplies
To see the full contact details of Nidhi Surgical Private Limited, buy the company report.
Comprehensive company report
Nidhi Surgical 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
Nidhi Surgical operates one associated brand: Nidhi Surgicals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of surgical & medical disposables | nidhisurgicals.com |
Business activity
The main business activity of Nidhi Surgical is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Nidhi Surgical Private Limited, buy the company report.
Financials of Nidhi Surgical Private Limited
FY 2025 filings availableNidhi Surgical Private Limited reported revenue of ₹6.52 Cr (down 33% YoY) for FY 2025.
Revenue · FY 2025
₹6.52 Cr ▼ 33%
Net loss · FY 2025
₹1.49 Lakh margin -0.2%
EBITDA · FY 2025
₹21.55 Lakh margin 3.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 33%
3 years · compounded
▼ 4%
5 years · compounded
▼ 21%
EBITDA CAGR growth
1 year
▼ 48%
3 years · compounded
▼ 43%
5 years · compounded
▼ 42%
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 33% fall in the latest year. EBITDA fell 48% 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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| Total Expenses | |||||
| EBITDA | ₹21.55 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.49 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.3% | ||||
| Net Profit Margin | -0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Nidhi Surgical Private Limited, buy the company report.
Board of directors of Nidhi Surgical Private Limited
Nidhi Surgical has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Shantilal Shanghavi | Director | 16 Mar 2015 | 11 Years 7 Months | Current |
| Parul Manish Shanghavi | Director | 09 Apr 2002 | 24 Years 6 Months | Current |
Auditor
Nidhi Surgical Private Limited is audited by M B DESAI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M B DESAI & CO | FY 2021 | 102321W |
Shareholding
The shareholding of Nidhi Surgical Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nidhi Surgical Private Limited, buy the company report.
Charges & borrowings
Open charges
₹80 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Oct 2008 | 10131071 | Ing Vysya Bank Limited | ₹50 Lakh | Open | |
| 23 Mar 2006 | 10001853 | ₹30 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Nidhi Surgical Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nidhi Surgical Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nidhi Surgical Private Limited has a workforce of 17 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
17
Active EPFO establishments
1
Employee growth
-5.56%
GST
Nidhi Surgical has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCN4992N1ZS | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nidhi Surgical Private Limited, buy the company report.
Recent activity
Nidhi Surgical Private Limited has 3 board changes on record since 2002: 2 appointments and 1 cessation. The latest: Nilesh Sureshchandra Shah ceased to be Director on 08 Jul 2015.
AGM
Nidhi Surgical Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Nidhi Surgical Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Nilesh Sureshchandra Shah ceased to be Director.
Appointed
Manish Shantilal Shanghavi was appointed as Director.
Charges
A charge with Ing Vysya Bank Limited amounted to Rs. 50.00 Lakh with Charge ID 10131071 was registered on 16 Oct 2008.
Charges
A charge with amounted to Rs. 30.00 Lakh with Charge ID 10001853 was registered on 23 Mar 2006.
Appointed
Parul Manish Shanghavi was appointed as Director.
Incorporation
09 Apr 2002
Nidhi Surgical Private Limited was registered on 09 Apr 2002 with Roc Mumbai I & aged 24 years 7 months as per MCA records.
Frequently asked questions
Nidhi Surgical is an active private limited company based in Mumbai, Maharashtra, India. The company works in medical consumables and supplies, within the healthcare industry. It was incorporated on 09 April 2002 (24+ years old) and is registered under CIN U24230MH2002PTC135459.
Nidhi Surgical has 2 current directors:
- Manish Shantilal Shanghavi - Director
- Parul Manish Shanghavi - Director
The latest financial statements of Nidhi Surgical on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nidhi Surgical is 27AABCN4992N1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nidhi Surgical is U24230MH2002PTC135459. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nidhi Surgical was incorporated on 09 April 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
Nilesh Sureshchandra Shah ceased to be Director on 08 Jul 2015. Manish Shantilal Shanghavi was appointed as Director on 16 Mar 2015. Parul Manish Shanghavi was appointed as Director on 09 Apr 2002.
Yes, Nidhi Surgical is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0045812).
Nidhi Surgical can be reached through the website nidhisurgicals.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Nidhi Surgical is at 219 Bhuta Niwasdr Ambedkar Road Matunga East, Mumbai, Maharashtra, India – 400019.
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