About Nifty Innovations Pvt. Ltd.
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Nifty Innovations Pvt. Ltd. is a private limited company based in Jaipur, Rajasthan, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 19 December 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U51909RJ1994PTC009184. Its GSTIN is 08AAACN6060G1ZL (Rajasthan).
The company has an authorised share capital of ₹45 Lakh and a paid-up capital of ₹42 Lakh. It is led by directors Sudhir Kumar Nijhawan and Swarn Nijhawan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at E – 367 RIICO Industrial Area Sitapura Jaipur Sitapura Jaipur, Rajasthan, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.05 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹10.81 Lakh (net margin 1.8%) and EBITDA of ₹72.28 Lakh (EBITDA margin 11.9%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 3% over five years.
The company has about 30 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.98 Cr and satisfied charges of ₹4.05 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website niftyinnovations.in.
Company details
Contact details
Nifty Innovations Pvt. Ltd.'s registered office is in Jaipur, Rajasthan. Its website is niftyinnovations.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressE – 367 RIICO Industrial Area Sitapura Jaipur Sitapura Jaipur, Rajasthan, India
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Nifty Innovations Pvt. Ltd., 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 Nifty Innovations 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 Nifty Innovations Pvt. Ltd., buy the company report.
Financials of Nifty Innovations Pvt. Ltd.
FY 2024 filings availableNifty Innovations Pvt. Ltd. reported revenue of ₹6.05 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 11% growth in the latest year. EBITDA rose 18% 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 | ₹72.28 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.81 Lakh | ||||
| Balance Sheet | |||||
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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 | 11.9% | ||||
| Net Profit Margin | 1.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Nifty Innovations Pvt. Ltd., buy the company report.
Board of directors of Nifty Innovations Pvt. Ltd.
Nifty Innovations has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Kumar Nijhawan | Director | 19 Dec 1994 | 31 Years 10 Months | Current |
| Swarn Nijhawan | Director | 30 Sep 2004 | 22 Years 1 Months | Current |
Peer comparison
Nifty Innovations Pvt. Ltd. is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Supplar Engineering Private Limited | ₹6.06 Cr (FY 2025) | 36.0% | Pune, Maharashtra, India | |||
| Nifty Innovations Pvt. Ltd.this company | ₹6.05 Cr (FY 2025) | ₹10.81 Lakh | 1.8% | 11.0% | 30 | Jaipur, Rajasthan, India |
| Lapmaster Wolters India Private Limited | ₹6.03 Cr (FY 2025) | -23.0% | Cheyyar, Tamil Nadu, India | |||
| Tekni Engineering Private Limited | ₹6.02 Cr (FY 2025) | -13.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Nifty Innovations Pvt. Ltd., buy the company report.
Auditor
Nifty Innovations Pvt. Ltd. is audited by H.C. BOTHRA AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H.C. BOTHRA AND ASSOCIATES | FY 2023 | 008950C |
Shareholding
The shareholding of Nifty Innovations Pvt. Ltd. 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 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nifty Innovations Pvt. Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Feb 2024 | 100927371 | Others | ₹60 Lakh | Open | |
| 04 May 2022 | 100567912 | Others | ₹13 Lakh | Open | |
| 12 Dec 2017 | 100145973 | Others | ₹10 Lakh | Open | |
| 23 Nov 2002 | 90070965 | Others | ₹2.15 Cr | Open | |
| 16 May 2020 | 100339774 | Others | ₹18.5 Lakh | Satisfied |
To see the full charge records of Nifty Innovations Pvt. Ltd., buy the company report.
Total charge records: 13 View all charges
Legal cases
Nifty Innovations Pvt. Ltd. has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by State Governmentst | Disposed |
To see the full case history of Nifty Innovations Pvt. Ltd., 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
Nifty Innovations Pvt. Ltd. has 10 MSME Form 1 returns on record between 2018 and 2023, listing 74 overdue payments to 11 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 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Meltroll Engineering Pvt Ltd | |||
| an individual supplier |
To see the full MSME payment records of Nifty Innovations Pvt. Ltd., buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Nifty Innovations Pvt. Ltd. has a workforce of 30 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Nifty Innovations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACN6060G1ZL | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nifty Innovations Pvt. Ltd., buy the company report.
Recent activity
Nifty Innovations Pvt. Ltd. has 3 board changes on record since 1994: 2 appointments and 1 cessation. The latest: Samir Nijhawan ceased to be Director on 31 Dec 2021.
21 earlier events are in the company report.
Frequently asked questions
Nifty Innovations is an active private limited company based in Jaipur, Rajasthan, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 19 December 1994 (32+ years old) and is registered under CIN U51909RJ1994PTC009184.
Nifty Innovations has 2 current directors:
- Sudhir Kumar Nijhawan - Director
- Swarn Nijhawan - Director
The latest financial statements of Nifty Innovations on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Nifty Innovations is 08AAACN6060G1ZL, registered in Rajasthan.
The CIN (Corporate Identification Number) of Nifty Innovations is U51909RJ1994PTC009184. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nifty Innovations has 1 court case on record: 1 filed against it.
Nifty Innovations was incorporated on 19 December 1994, making it 32+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Nifty Innovations by revenue are Supplar Engineering Private Limited, Lapmaster Wolters India Private Limited, Tekni Engineering Private Limited, all in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Samir Nijhawan ceased to be Director on 31 Dec 2021. Swarn Nijhawan was appointed as Director on 30 Sep 2004. Sudhir Kumar Nijhawan was appointed as Director on 19 Dec 1994.
Nifty Innovations has 10 MSME Form 1 returns on record between 2018 and 2023, listing 74 overdue payments to 11 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Nifty Innovations can be reached through the website niftyinnovations.in. Its registered office is in Jaipur, Rajasthan, India.
The registered office of Nifty Innovations is at E – 367 RIICO Industrial Area Sitapura Jaipur Sitapura Jaipur, Rajasthan, India.
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