- Category
- Small (2024-25)
- Udyam number
- UDYAM-WB-10-0009799

Niket Udyog Ltd.
About Niket Udyog Ltd.
Data last updated:
Niket Udyog Ltd. is a public limited company based in Kolkata, West Bengal, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 16 September 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U23203WB1988PLC237119. Its GSTIN is 19AAACN7656G1Z6 (West Bengal). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹2.2 Cr and a paid-up capital of ₹1.79 Cr. It is led by directors including Pankaj Todi (Whole-Time Director) and Tapas Kumar Dutta.
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 2 Lal Bazar Street 5th Floor Room No. 501, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.67 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹3.31 Lakh (net margin 0.5%) and EBITDA of ₹37.21 Lakh (EBITDA margin 5.6%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years.
As per MCA filings, the company has open charges of ₹3.89 Cr and satisfied charges of ₹70 Lakh on record. Court records list 31 cases involving the company, including 26 filed by the company and 5 filed against it; 3 cases are pending.
Niket Udyog Ltd. is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0009799). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Niket Udyog has one previous CIN (Corporate Identification Number): U23203MP1988PLC004785. The current CIN is U23203WB1988PLC237119, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U23203WB1988PLC237119 | Current |
| U23203MP1988PLC004785 | Previous |
Recognitions & Rankings of Niket Udyog
Contact details
Niket Udyog Ltd.'s registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2 Lal Bazar Street 5th Floor Room No. 501, Kolkata, West Bengal, India – 700001
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Niket Udyog 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 Niket Udyog is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Niket Udyog Ltd., buy the company report.
Financials of Niket Udyog Ltd.
FY 2024 filings availableNiket Udyog Ltd. reported revenue of ₹6.67 Cr (down 37% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over three years, including a 37% fall in the latest year. EBITDA fell 41% 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 | ₹37.21 Lakh | ||||
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| Net Profit (PAT) | ₹3.31 Lakh | ||||
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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 | 5.6% | ||||
| Net Profit Margin | 0.5% | ||||
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To see the full financial statements and ratios of Niket Udyog Ltd., buy the company report.
Board of directors of Niket Udyog Ltd.
Niket Udyog has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramanand Tiwari Also directs: Drapers (India) Ltd, Amar Dealtrade Private Limited, Greenwich Holdings Pvt Ltd and 2 more | Additional Director | 16 Oct 2023 | 3 Years 0 Months | Current |
| Pankaj Todi Also directs: Drapers (India) Ltd, Adyashree Holdings Pvt Ltd, Amar Dealtrade Private Limited and 2 more | Whole-Time Director | 01 Mar 2005 | 21 Years 8 Months | Current |
| Tapas Kumar Dutta Also directs: Adyashree Holdings Pvt Ltd, Pamela Towers Pvt Ltd., Rose Garden Estate Private Limited and 1 more | Director | 27 Nov 2015 | 10 Years 11 Months | Current |
Auditor
Niket Udyog Ltd. is audited by O.P. SINGHANIA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| O.P. SINGHANIA & CO. | FY 2022 | 002172C |
Shareholding
The shareholding of Niket Udyog Ltd. is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Niket Udyog Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 May 2025 | 101103021 | Hdfc Bank Limited | ₹74 Lakh | Open | |
| 25 Nov 2024 | 101011466 | Hdfc Bank Limited | ₹60 Lakh | Open | |
| 21 Jun 2022 | 100592828 | Hdfc Bank Limited | ₹55 Lakh | Open | |
| 21 Aug 2019 | 100293646 | Yes Bank Limited | ₹1 Cr | Open | |
| 20 Aug 2019 | 100293644 | Yes Bank Limited | ₹1 Cr | Open |
To see the full charge records of Niket Udyog Ltd., buy the company report.
Total charge records: 6 View all charges
Legal cases
Niket Udyog Ltd. has 31 court cases on record: 26 filed by Niket Udyog, 5 filed against it. 3 cases are pending and 28 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 26 | 3 | 3 |
| District courts | 3 | 2 | 0 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Ms Rathi Ispat Ltd. | Disposed |
| Calcutta High Court | Court case (CRR) | Filed by the company against M/S. Rathi Ispat Ltd & Anr | Disposed |
| High Court | Civil suit | Filed by the company against Credence Logistics Ltd. | Disposed |
| Bombay High Court | Court case (CAL) | Filed by the company against Clarion Drugs Ltd. | Disposed |
| High Court of Madhya Pradesh | Tax appeal | Filed by the company against Commissioner of Commercial Tax | Pending |
To see the full case history of Niket Udyog 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
No delayed payments to MSME suppliers are on our record for Niket Udyog Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Niket Udyog has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACN7656G1Z6 | West Bengal | Active | 01 Jul 2017 |
| 21AAACN7656G1ZL | Odisha | Active | 01 Jul 2017 |
| 23AAACN7656G1ZH | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Niket Udyog Ltd., buy the company report.
Recent activity
Niket Udyog Ltd. has 7 board changes on record since 2005: 3 appointments and 4 cessations. The latest: Jaskaran Bengani ceased to be Director on 16 Oct 2023.
6 earlier events are in the company report.
Frequently asked questions
Niket Udyog is an active public limited company based in Kolkata, West Bengal, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 16 September 1988 (38+ years old) and is registered under CIN U23203WB1988PLC237119.
Niket Udyog has 3 current directors:
- Pankaj Todi - Whole-Time Director
- Ramanand Tiwari - Additional Director
- Tapas Kumar Dutta - Director
The latest financial statements of Niket Udyog 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 Niket Udyog is 19AAACN7656G1Z6, registered in West Bengal. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 21AAACN7656G1ZL (Odisha), 23AAACN7656G1ZH (Madhya Pradesh).
The CIN (Corporate Identification Number) of Niket Udyog is U23203WB1988PLC237119. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Niket Udyog has 31 court cases on record: 26 filed by the company and 5 filed against it. 3 are pending. Most are in the high courts.
Niket Udyog was incorporated on 16 September 1988, making it 38+ years old. It is registered with the Registrar of Companies, Kolkata.
Jaskaran Bengani ceased to be Director on 16 Oct 2023. Ramanand Tiwari was appointed as Additional Director on 16 Oct 2023. Shivkishan Dalmia ceased to be Director on 27 Apr 2019. Niket Udyog has 7 board changes on record in total.
Yes, Niket Udyog is registered as a small enterprise under Udyam registration (number: UDYAM-WB-10-0009799).
The registered office of Niket Udyog is at 2 Lal Bazar Street 5th Floor Room No. 501, Kolkata, West Bengal, India – 700001.

