- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0054729

Niketan Engineering and Projects Private Limited
About Niketan Engineering and Projects Private Limited
Data last updated:
Niketan Engineering and Projects Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the engineering sector. It was incorporated on 09 August 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45201KA2006PTC040172. Its GSTIN is 29AACCN4235F1ZK (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹60 Lakh. It is led by directors Nagaraj Chigateri Bhat and Danagoudra Manjunatha.
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 No. 583 3rd Cross 10th Main Banashankari 1st Stage 2nd Block, Bangalore, Karnataka, India – 560050.
As per the financials filed for FY 2025, the company reported a revenue of ₹10 Cr, a growth of 92% compared to the previous year. For the same year it recorded a net profit of ₹78.2 Lakh (net margin 7.8%) and EBITDA of ₹1.32 Cr (EBITDA margin 13.2%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 16% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.85 Cr on record.
Niketan Engineering and Projects Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0054729). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Niketan Engineering and Projects
Contact details
Niketan Engineering and Projects Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 583 3rd Cross 10th Main Banashankari 1st Stage 2nd Block, Bangalore, Karnataka, India – 560050
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
To see the full contact details of Niketan Engineering and Projects Private Limited, 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 Niketan Engineering and Projects is water supply; sewerage, waste management and remediation activities. In detail, this covers waste collection, treatment and disposal activities; materials recovery.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| E | Water supply; sewerage, waste management and remediation activities | 38 | Waste collection, treatment and disposal activities; materials recovery |
To see the full business activity and turnover split of Niketan Engineering and Projects Private Limited, buy the company report.
Financials of Niketan Engineering and Projects Private Limited
FY 2025 filings availableNiketan Engineering and Projects Private Limited reported revenue of ₹10 Cr (up 92% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 92% growth in the latest year. EBITDA rose 65% 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 | ₹1.32 Cr | ||||
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| Net Profit (PAT) | ₹78.2 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 13.2% | ||||
| Net Profit Margin | 7.8% | ||||
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To see the full financial statements and ratios of Niketan Engineering and Projects Private Limited, buy the company report.
Board of directors of Niketan Engineering and Projects Private Limited
Niketan Engineering and Projects has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nagaraj Chigateri Bhat | Director | 09 Aug 2006 | 20 Years 2 Months | Current |
| Danagoudra Manjunatha | Director | 09 Aug 2006 | 20 Years 2 Months | Current |
Auditor
Niketan Engineering and Projects Private Limited is audited by T.D. Jagadeesha & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T.D. Jagadeesha & Co | FY 2023 | 007088S |
Shareholding
The shareholding of Niketan Engineering and Projects Private Limited 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Niketan Engineering and Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Aug 2025 | 101140340 | State Bank of India | ₹1.5 Cr | Open | |
| 26 Mar 2025 | 101081431 | Others | ₹10 Lakh | Open | |
| 29 Oct 2022 | 100651348 | Axis Bank Limited | ₹25 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Niketan Engineering and Projects 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 Niketan Engineering and Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Niketan Engineering and Projects Private Limited has a workforce of 11 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Niketan Engineering and Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCN4235F1ZK | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Niketan Engineering and Projects Private Limited, buy the company report.
Recent activity
Niketan Engineering and Projects Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Danagoudra Manjunatha was appointed as Director on 09 Aug 2006.
Frequently asked questions
Niketan Engineering and Projects is an active private limited company based in Bangalore, Karnataka, India. The company works in the engineering industry. It was incorporated on 09 August 2006 (20+ years old) and is registered under CIN U45201KA2006PTC040172.
Niketan Engineering and Projects has 2 current directors:
- Nagaraj Chigateri Bhat - Director
- Danagoudra Manjunatha - Director
The latest financial statements of Niketan Engineering and Projects 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 Niketan Engineering and Projects is 29AACCN4235F1ZK, registered in Karnataka.
The CIN (Corporate Identification Number) of Niketan Engineering and Projects is U45201KA2006PTC040172. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Niketan Engineering and Projects was incorporated on 09 August 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
Danagoudra Manjunatha was appointed as Director on 09 Aug 2006. Nagaraj Chigateri Bhat was appointed as Director on 09 Aug 2006.
Yes, Niketan Engineering and Projects is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0054729).
The registered office of Niketan Engineering and Projects is at No. 583 3rd Cross 10th Main Banashankari 1st Stage 2nd Block, Bangalore, Karnataka, India – 560050.
Niketan Engineering and Projects operates in the engineering industry.

