India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #618 Murlidhar Gyan Chandani & family ₹5,400 Cr
- #840 Bimal Gyan Chandani & family ₹3,600 Cr
Revenue · FY 2025
₹1,779.64 Cr
▲ 5% YoY
Net profit · FY 2025
₹15.8 Cr
Net margin 0.9%
EBITDA · FY 2025
₹81.9 Cr
EBITDA margin 4.6%
Authorised capital
₹160 Cr
Registered with MCA
Paid-up capital
₹151 Cr
Issued & subscribed
Open charges
₹325.76 Cr
Satisfied ₹363.79 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
2,868
Provident fund records
About Nif Private Limited
Data last updated:
Nif Private Limited is a private limited company based in Kanpur, Uttar Pradesh, India, a subsidiary of Leayan Global Private Limited. It operates in the dairy products and milk processing segment of the food and beverages sector. It was incorporated on 26 October 2007 and has been in existence for over 19 years.
Its director Murlidhar Gyan Chandani and family are #618 among India's richest people (2026). Its director Bimal Gyan Chandani and family are #840 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U74900UP2007PTC034107. Its GSTIN is 09AACCN6483F1Z8 (Uttar Pradesh). The company holds 19 GST registrations, of which 17 are active.
The company has an authorised share capital of ₹160 Cr and a paid-up capital of ₹151 Cr. It was formerly known as Namastey India Foods Private Limited and Namastay India Retail Private Limited. It is led by directors including Manoj Kumar (Managing Director) and Chandresh Pathak (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 119 120 & 121 Block P & T Fazal Ganj Kalpi Road, Kanpur, Uttar Pradesh, India – 208012.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,779.64 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹15.8 Cr (net margin 0.9%) and EBITDA of ₹81.9 Cr (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 9% over five years.
The company has about 2,868 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Namaste India Foods. As per MCA filings, the company has open charges of ₹325.76 Cr and satisfied charges of ₹363.79 Cr on record. Court records list 171 cases involving the company, including 87 filed by the company and 84 filed against it; 44 cases are pending. The company has 5 deals on record (2 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹71.99 Cr; the latest was in March 2023. Its 7 peer companies in the Food and Beverages industry (Milk and Dairy Products), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 3 larger and 4 smaller; the largest is Sterling Agro Industries Limited with revenue of ₹2,239.77 Cr. The company has 12 MSME Form 1 returns on record between 2019 and 2024, listing 579 overdue payments to 131 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website namasteindiafoods.com.
Company details
CIN U74900UP2007PTC034107
Registration Number 034107
Incorporation Date 26 October 2007
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Leayan Global Private Limited
Compliance Status Active Compliant
Name history
Nif has undergone 3 name changes throughout its history. The company was previously known as Namastey India Foods Private Limited, Namastay India Retail Private Limited, and Namaste India Foods Private Limited. The current legal name is Nif Private Limited.
| Company Name | Status |
|---|---|
| Nif Private Limited | Current |
| Namastey India Foods Private Limited | Previous |
| Namastay India Retail Private Limited | Previous |
| Namaste India Foods Private Limited | Previous |
Recognitions & Rankings of Nif
Contact details
Nif Private Limited's registered office is in Kanpur, Uttar Pradesh. Its website is namasteindiafoods.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 119 120 & 121 Block P & T Fazal Ganj Kalpi Road, Kanpur, Uttar Pradesh, India – 208012
- IndustryFood and Beverages, Dairy Products & Milk Processing
To see the full contact details of Nif Private Limited, buy the company report.
Comprehensive company report
Nif 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
Nif operates one associated brand: Namaste India Foods. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces and distributes fresh milk, dairy products, and home delivery services in India. | namasteindiafoods.com |
Business activity
The main business activity of Nif is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Nif Private Limited, buy the company report.
Financials of Nif Private Limited
FY 2025 filings availableNif Private Limited reported revenue of ₹1,779.64 Cr (up 5% YoY) for FY 2025.
Revenue · FY 2025
₹1,779.64 Cr ▲ 5%
Net profit · FY 2025
₹15.8 Cr margin 0.9%
EBITDA · FY 2025
₹81.9 Cr margin 4.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 11%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 31%
5 years · compounded
▲ 33%
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 5% growth in the latest year. EBITDA rose 17% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹81.9 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.8 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 4.6% | ||||
| Net Profit Margin | 0.9% | ||||
| 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 Nif Private Limited, buy the company report.
Board of directors and KMP of Nif Private Limited
Nif Private Limited currently reports 6 directors and 1 key managerial person. 10 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Murlidhar Gyan Chandani Also directs: RSPL Limited, Leayan Global Private Limited, Ghari Industries (India) Private Limited and 5 more | Director | 30 Mar 2015 | 11 Years 7 Months | Current |
| Bimal Kumar Gyanchandani Also directs: RSPL Limited, Leayan Global Private Limited, Ghari Industries (India) Private Limited and 5 more | Director | 30 Mar 2015 | 11 Years 7 Months | Current |
| Manoj Kumar Also directs: RSPL Limited, Leayan Global Private Limited, Clean Horizon Energy Private Limited and 5 more | Managing Director | 26 Oct 2007 | 19 Years 0 Months | Current |
| Rahul Gyanchandani Also directs: RSPL Limited, Leayan Global Private Limited, Clean Horizon Energy Private Limited and 5 more | Director | 26 Oct 2007 | 19 Years 0 Months | Current |
| Rohit Gyanchandani Also directs: RSPL Limited, Leayan Global Private Limited, Clean Horizon Energy Private Limited and 5 more | Director | 26 Oct 2007 | 19 Years 0 Months | Current |
| Anand Khetan | Cfo | 21 Sep 2023 | 3 Years 1 Months | Current |
Showing 6 of 7 current directors and KMP. View all directors and KMP
Peer comparison
Nif Private Limited is compared with the 7 companies closest to it by revenue in the Food and Beverages industry (Milk and Dairy Products), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sterling Agro Industries Limited | ₹2,239.77 Cr (FY 2025) | 3.0% | New Delhi, Delhi, India | |||
| Schreiber Dynamix Dairies Private Limited | ₹2,116.99 Cr (FY 2025) | -3.0% | Mumbai, Maharashtra, India | |||
| Sangam Milk Producer Company Limited | ₹2,018.67 Cr (FY 2025) | 8.0% | Guntur, Andhra Pradesh, India | |||
| Nif Private Limitedthis company | ₹1,779.64 Cr (FY 2025) | ₹15.8 Cr | 0.9% | 5.0% | 2,868 | Kanpur, Uttar Pradesh, India |
| C P Milk and Food Products Private Limited | ₹1,773.79 Cr (FY 2025) | 12.0% | Lucknow, Uttar Pradesh, India | |||
| Sri Vijaya Visakha Milk Producers Company Limited (Part - IX A ) | ₹1,755.87 Cr (FY 2025) | 2.0% | Visakhapatnam, Andhra Pradesh, India | |||
| Creamline Dairy Products Ltd. | ₹1,590.01 Cr (FY 2025) | 1.0% | Hyderabad, Telangana, India | |||
| Farmgate Agro Milch Private Limited | ₹1,535.41 Cr (FY 2025) | 1.0% | Delhi, India |
To see the full peer comparison of Nif Private Limited, buy the company report.
Auditor
Nif Private Limited is audited by R MOHLA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R MOHLA & CO. | FY 2023 | 003716C |
Shareholding
The shareholding of Nif Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nif Private Limited, buy the company report.
Charges & borrowings
Open charges
₹325.76 Cr
Satisfied charges
₹363.79 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jun 2025 | 101110976 | Hdfc Bank Limited | ₹75 Cr | Open | |
| 17 Nov 2021 | 100503160 | Others | ₹9 Lakh | Open | |
| 31 Aug 2021 | 100478168 | Hdfc Bank Limited | ₹90,000 | Open | |
| 06 Jul 2021 | 100473605 | Hdfc Bank Limited | ₹90,000 | Open | |
| 06 Jul 2021 | 100473622 | Hdfc Bank Limited | ₹90,000 | Open |
To see the full charge records of Nif Private Limited, buy the company report.
Total charge records: 19 View all charges
Deals & funding
Nif Private Limited has 5 deals on record (2 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹71.99 Cr; the latest was in March 2023.
Total deals
5
Funding rounds
2
Rights issues
2
Secondary share transfer
1
Disclosed funding
₹71.99 Cr
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Rights issue | ₹47 Cr | Investors: Leayan Global Private Limited |
| Mar 2015 | Rights issue | ₹32 Cr | Investors: Leayan Global Private Limited |
| Mar 2013 | Funding round | ₹14.99 Cr | Investors: Leayan Global Private Limited |
| Aug 2011 | Secondary share transfer | Undisclosed | Buyer: Leayan Global Private Limited & Murli Dhar Gyanchandani, Leayan Global Private Limited Seller: 3 individuals |
To see the full deal history of Nif Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nif Private Limited has 171 court cases on record: 87 filed by Nif, 84 filed against it. 44 cases are pending and 127 are disposed.
Total cases
171
Filed by the company
87
Filed against the company
84
Pending
44
Disposed
127
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 152 | 82 | 37 |
| High courts | 19 | 2 | 7 |
Cases on record (5 of 171)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (RFA(COMM)) | Filed against the company by Sardhana Dairy and Foods Private Limited | Pending |
| District court, South, Delhi | Execution petition | Filed by the company against Sri Bhagyalakshmi Agro Foods Pvt. Ltd. | Pending |
| District court, South East, Delhi | Criminal case | Filed by the company against Arun Dev Builders Ltd | Pending |
| District court, North West, Delhi | Interim or miscellaneous application | Filed against the company by Sardhana Dairy and Foods Private Ltd and Anr | Disposed |
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed by the company against Sr Tea Basket Pvt. Ltd. and Ors. | Disposed |
To see the full case history of Nif 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.
Credit ratings & regulatory alerts
Nif Private Limited was last rated by Crisil on 21 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 21 Jul 2020 |
To see the full credit ratings and regulatory alerts of Nif Private Limited, buy the company report.
MSME payment delays
Nif Private Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 579 overdue payments to 131 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 131)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Olivine Mercantiles Pvt Ltd | |||
| an individual supplier | |||
| an individual supplier | |||
| Trio Communication | |||
| Bhumika Uv Global Private Limited |
To see the full MSME payment records of Nif Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Nif Private Limited has a workforce of 2,868 employees on its EPFO records as of Apr 06, 2024, across 2 active EPFO establishments.
Employee count
2,868
Active EPFO establishments
2
Employee growth
1.85%
GST
Nif has 19 GST registrations: 17 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
19
Active
17
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AACCN6483F1Z8 | Uttar Pradesh | Active | 01 Jul 2017 |
| 09AACCN6483F2Z7 | Uttar Pradesh | Active | 16 Aug 2017 |
| 09AACCN6483F3Z6 | Uttar Pradesh | Active | 28 May 2021 |
| 09AACCN6483F4Z5 | Uttar Pradesh | Active | 28 May 2021 |
To see the full GST registrations and return filing status of Nif Private Limited, buy the company report.
Recent activity
Nif Private Limited has 17 board changes on record since 2007: 7 appointments and 10 cessations. The latest: Ajay Kumar Pandey ceased to be Company Secretary on 31 Dec 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 75.00 Cr registered on 12 Jun 2025 with Charge ID 101110976 was modified on 27 Oct 2025.
AGM
Nif Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 75.00 Cr with Charge ID 101110976 was registered on 12 Jun 2025.
Filing
Nif Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kanpur.
Charges
A charge registered on 21 Aug 2017 via Charge ID 100176508 with Others was fully satisfied on 28 Mar 2025.
Ceased
Ajay Kumar Pandey ceased to be Company Secretary.
Charges
A charge registered on 16 Oct 2020 via Charge ID 100387664 with Hdfc Bank Limited was fully satisfied on 25 Apr 2024.
Charges
A charge with Sbicap Trustee Company Limited of Rs. 250.63 Cr registered on 17 Aug 2012 with Charge ID 10375715 was modified on 31 Oct 2023.
Appointed
Anand Khetan was appointed as CFO.
Charges
A charge with Hdfc Bank Limited of Rs. 128.00 Cr registered on 16 Oct 2020 with Charge ID 100387664 was modified on 24 Jan 2023.
Charges
A charge with Others amounted to Rs. 0.09 Cr with Charge ID 100503160 was registered on 17 Nov 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.01 Cr with Charge ID 100478168 was registered on 31 Aug 2021.
47 earlier events are in the company report.
Frequently asked questions
Nif is an active private limited company based in Kanpur, Uttar Pradesh, India. The company works in dairy products and milk processing, within the food and beverages industry. It was incorporated on 26 October 2007 (19+ years old) and is registered under CIN U74900UP2007PTC034107.
Nif has 7 current directors and KMP:
- Manoj Kumar - Managing Director
- Chandresh Pathak - Whole-Time Director
- Murlidhar Gyan Chandani - Director
- Bimal Kumar Gyanchandani - Director
- Rahul Gyanchandani - Director
- Rohit Gyanchandani - Director
- Anand Khetan - Cfo
The latest financial statements of Nif on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nif is 09AACCN6483F1Z8, registered in Uttar Pradesh. The company has 19 GST registrations in all, of which 17 are active and 2 are cancelled or inactive. Other active GSTINs include 09AACCN6483F2Z7 (Uttar Pradesh), 09AACCN6483F3Z6 (Uttar Pradesh), 09AACCN6483F4Z5 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Nif is U74900UP2007PTC034107. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nif has 171 court cases on record: 87 filed by the company and 84 filed against it. 44 are pending. Most are in the district courts.
Nif was incorporated on 26 October 2007, making it 19+ years old. It is registered with the Registrar of Companies, Kanpur.
Nif has 5 deals on record (2 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹71.99 Cr; the latest was in March 2023.
The peers of Nif by revenue are Sterling Agro Industries Limited, Schreiber Dynamix Dairies Private Limited, Sangam Milk Producer Company Limited, C P Milk and Food Products Private Limited, Sri Vijaya Visakha Milk Producers Company Limited (Part - IX A ) and 2 more, all in the Food and Beverages industry (Milk and Dairy Products), with the same principal business activity (food, beverages and tobacco products).
Ajay Kumar Pandey ceased to be Company Secretary on 31 Dec 2024. Anand Khetan was appointed as CFO on 21 Sep 2023. Chandresh Pathak ceased to be Additional Director on 30 Sep 2019. Nif has 17 board changes on record in total.
Nif has 12 MSME Form 1 returns on record between 2019 and 2024, listing 579 overdue payments to 131 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Nif can be reached through the website namasteindiafoods.com. Its registered office is in Kanpur, Uttar Pradesh, India.
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