MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-20-0029771
Nifty Chemicals Private Limited
Nifty Chemicals Private Limited - chemicals and materials in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹16.42 Cr
▼ 19% YoY
Net profit · FY 2024
₹5.41 Lakh
Net margin 0.3%
EBITDA · FY 2024
₹16.58 Lakh
EBITDA margin 1%
Authorised capital
₹35 Lakh
Registered with MCA
Paid-up capital
₹35 Lakh
Issued & subscribed
Open charges
₹145.15 Cr
Secured borrowings
Company age
32 yrs
Est. 1994
Employees · EPFO
13
Provident fund records
About Nifty Chemicals Private Limited
Data last updated:
Nifty Chemicals Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 18 October 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1994PTC082109.
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹35 Lakh. It is led by directors Chetan Kishor Gundkar and Sandeep Madhukar Selukar.
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 15.B Pushpakunj Complex 26 Farmland C.B.Road, Nagpur, Maharashtra, India – 440010.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.42 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹5.41 Lakh (net margin 0.3%) and EBITDA of ₹16.58 Lakh (EBITDA margin 1%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years and 6% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹145.15 Cr on record. Court records list 16 cases involving the company, including 8 filed by the company and 8 filed against it.
Nifty Chemicals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0029771). The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN U24110MH1994PTC082109
Registration Number 082109
Incorporation Date 18 October 1994
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 Non-Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-20-0029771
Recognitions & Rankings of Nifty Chemicals
Contact details
Nifty Chemicals Private Limited's registered office is in Nagpur, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address15.B Pushpakunj Complex 26 Farmland C.B.Road, Nagpur, Maharashtra, India – 440010
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Nifty Chemicals Private Limited, buy the company report.
Comprehensive company report
Nifty Chemicals 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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Business activity
The main business activity of Nifty Chemicals is manufacturing. In detail, this covers manufacture of chemicals and chemical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 20 | Manufacture of chemicals and chemical products |
To see the full business activity and turnover split of Nifty Chemicals Private Limited, buy the company report.
Financials of Nifty Chemicals Private Limited
FY 2025 filings availableNifty Chemicals Private Limited reported revenue of ₹16.42 Cr (down 19% YoY) for FY 2024.
Revenue · FY 2024
₹16.42 Cr ▼ 19%
Net profit · FY 2024
₹5.41 Lakh margin 0.3%
EBITDA · FY 2024
₹16.58 Lakh margin 1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 19%
3 years · compounded
▲ 48%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 16%
3 years · compounded
▼ 6%
Revenue fell 19% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 16% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹16.58 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.41 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Nifty Chemicals Private Limited, buy the company report.
Board of directors of Nifty Chemicals Private Limited
Nifty Chemicals has 2 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 |
|---|---|---|---|---|
| Chetan Kishor Gundkar Also directs: Anshul Impex Private Limited | Director | 21 Nov 2020 | 5 Years 11 Months | Current |
| Sandeep Madhukar Selukar Also directs: Anshul Impex Private Limited | Director | 26 Sep 2019 | 7 Years 1 Months | Current |
Shareholding
The shareholding of Nifty Chemicals Private Limited is on record for 3 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 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Nifty Chemicals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹145.15 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2012 | 10356829 | Union Bank of India | ₹97 Cr | Open | |
| 29 Sep 2010 | 10354639 | Union Bank of India | ₹48.15 Cr | Open |
To see the full charge records of Nifty Chemicals Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Nifty Chemicals Private Limited has 16 court cases on record: 8 filed by Nifty Chemicals, 8 filed against it. All cases are disposed.
Total cases
16
Filed by the company
8
Filed against the company
8
Disposed
16
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 6 | 0 |
| Supreme Court | 5 | 1 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (3400-Mines, Minerals And Mining Leases) | Filed by the company against M/S Western Coalfields Ltd. Coal Estate, Civil Lines Nagpur THR. General Manager , District: Nagpur ,Nagpur , Maharashtra and 5 others | Disposed |
| District court, Nagpur, Maharashtra | Court case (Civil M.A.) | Filed by the company against Regional Manager Union Bank of India and 1 other | Disposed |
| Supreme Court | Court case (2811-Mercantile Laws, Commercial Transactions Including Banking : Matters relating to Securitisation and Reconstruction of Financial Assets and Reinforcement of Security Interest Act, 2002.) | Filed by the company against Regional Manager, Union Bank of India Regional Manager, Union Bank of India Ashirwad Complex, Opp Kalpana Building, Central Bazar Road, Ramdaspeth ,Nagpur , Maharashtra and 1 other | Disposed |
| Supreme Court | Court case (2811-Mercantile Laws, Commercial Transactions Including Banking : Matters relating to Securitisation and Reconstruction of Financial Assets and Reinforcement of Security Interest Act, 2002.) | Filed by the company against Regional Manager Regional Manager Union Bank of India, Ashirwad Complex Opp. Kalpana Building, Central Bazar Road, Ramdaspeth ,Nagpur , Maharashtra and 1 other | Disposed |
| District court, Nagpur, Maharashtra | Court case (M.C.A.) | Filed against the company by Reginlal Manager, Union Bank of India and 1 other | Disposed |
To see the full case history of Nifty Chemicals 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 Nifty Chemicals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nifty Chemicals Private Limited has a workforce of 13 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
13
Active EPFO establishments
1
Employee growth
-13.33%
GST
No GST registration is on our record for Nifty Chemicals Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Nifty Chemicals Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Ramila Yugpradhan Mehta ceased to be Director on 14 Jan 2025.
AGM
Nifty Chemicals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Nifty Chemicals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Ramila Yugpradhan Mehta ceased to be Director.
Ceased
Yugpradhan Pannalal Mehta ceased to be Director.
Appointed
Chetan Kishor Gundkar was appointed as Director.
Appointed
Sandeep Madhukar Selukar was appointed as Director.
Charges
A charge with Union Bank Of India of Rs. 9,700.00 Lakh registered on 30 Mar 2012 with Charge ID 10356829 was modified on 31 Oct 2013.
Charges
A charge with Union Bank Of India amounted to Rs. 9,700.00 Lakh with Charge ID 10356829 was registered on 30 Mar 2012.
Charges
A charge with Union Bank Of India amounted to Rs. 4,815.00 Lakh with Charge ID 10354639 was registered on 29 Sep 2010.
Ceased
Veejay Omprakash Bansall ceased to be Director.
Incorporation
18 Oct 1994
Nifty Chemicals Private Limited was registered on 18 Oct 1994 with Roc Mumbai & aged 32 years 23 days as per MCA records.
Frequently asked questions
Nifty Chemicals is an active private limited company based in Nagpur, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 18 October 1994 (32+ years old) and is registered under CIN U24110MH1994PTC082109.
Nifty Chemicals has 2 current directors:
- Chetan Kishor Gundkar - Director
- Sandeep Madhukar Selukar - Director
The latest financial statements of Nifty Chemicals 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 CIN (Corporate Identification Number) of Nifty Chemicals is U24110MH1994PTC082109. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nifty Chemicals has 16 court cases on record: 8 filed by the company and 8 filed against it. Most are in the district courts.
Nifty Chemicals was incorporated on 18 October 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Ramila Yugpradhan Mehta ceased to be Director on 14 Jan 2025. Yugpradhan Pannalal Mehta ceased to be Director on 14 Jan 2025. Chetan Kishor Gundkar was appointed as Director on 21 Nov 2020. Nifty Chemicals has 5 board changes on record in total.
Yes, Nifty Chemicals is registered as a small enterprise under Udyam registration (number: UDYAM-MH-20-0029771).
The registered office of Nifty Chemicals is at 15.B Pushpakunj Complex 26 Farmland C.B.Road, Nagpur, Maharashtra, India – 440010.
Nifty Chemicals operates in the chemicals and materials industry, in the industrial chemicals segment.
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