Nikhil Sugar Private Limited
About Nikhil Sugar Private Limited
Data last updated:
Nikhil Sugar Private Limited is a private limited company based in Harda Mp, Madhya Pradesh, India. It operates in the sugar processing segment of the agriculture sector. It was incorporated on 15 September 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U01542MP2005PTC017963. Its GSTIN is 23AACCN2004L1ZW (Madhya Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹7.11 Cr. It was formerly known as Nikhil Sugar Limited. It is led by directors including Siddharth Agrawal and Vishal Agrawal.
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 Ganesh Ginning Campuschhipaner Road, Harda Mp, Madhya Pradesh, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹19,910, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹67.36 Lakh and EBITDA of -₹57.04 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 90% over three years and 77% over five years.
As per MCA filings, the company has open charges of ₹2.25 Cr and satisfied charges of ₹13.48 Cr on record. Court records list 10 cases involving the company, including 10 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Nikhil Sugar has one previous CIN (Corporate Identification Number): U01542MP2005PLC017963. The current CIN is U01542MP2005PTC017963, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01542MP2005PTC017963 | Current |
| U01542MP2005PLC017963 | Previous |
Contact details
Nikhil Sugar Private Limited's registered office is in Harda Mp, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGanesh Ginning Campuschhipaner Road, Harda Mp, Madhya Pradesh, India
- IndustryAgriculture, Sugar Processing
To see the full contact details of Nikhil Sugar 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 Nikhil Sugar 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 Nikhil Sugar Private Limited, buy the company report.
Financials of Nikhil Sugar Private Limited
FY 2024 filings availableNikhil Sugar Private Limited reported revenue of ₹19,910 (down 98% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 77% over five years, including a 98% fall in the latest year. EBITDA fell 5% 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 | -₹57.04 Lakh | ||||
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| Net Profit (PAT) | -₹67.36 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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To see the full financial statements and ratios of Nikhil Sugar Private Limited, buy the company report.
Board of directors of Nikhil Sugar Private Limited
Nikhil Sugar has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddharth Agrawal | Director | 23 May 2019 | 7 Years 5 Months | Current |
| Vishal Agrawal | Additional Director | 20 Feb 2016 | 10 Years 8 Months | Current |
| Vikrant Agrawal | Additional Director | 20 Feb 2016 | 10 Years 8 Months | Current |
Auditor
Nikhil Sugar Private Limited is audited by NAGORI NUWAL & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAGORI NUWAL & COMPANY | FY 2023 | 08185C |
Shareholding
The shareholding of Nikhil Sugar Private Limited 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 Nikhil Sugar Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2014 | 10544346 | Bank of India | ₹2.25 Cr | Open | |
| 26 Nov 2012 | 10396608 | State Bank of India | ₹1.84 Cr | Satisfied | |
| 16 Jun 2006 | 10009581 | State Bank of India | ₹11.64 Cr | Satisfied |
To see the full charge records of Nikhil Sugar Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Nikhil Sugar Private Limited has 10 court cases on record: 10 filed against it. 2 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 6 | 0 |
| District courts | 3 | 3 | 2 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Court case (MCC) | Filed against the company by Great Galleon Ltd. | Disposed |
| High Court of Madhya Pradesh | Court case (RP) | Filed against the company by Shree Mohan Sugar Mills Limited Having THR. | Disposed |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by Shree Mohan Sugar Mills Limited Director Director Ganesh Chowk Harda , , Madhya Pradesh | Disposed |
| High Court of Madhya Pradesh | Revision petition | Filed against the company by Great Galleon Ltd. | Disposed |
| District court, Gwalior, Madhya Pradesh | Court case (RCT) | Filed against the company by Company Registrar | Pending |
To see the full case history of Nikhil Sugar 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
Nikhil Sugar Private Limited was last rated by Brickwork on 26 Nov 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 26 Nov 2019 |
To see the full credit ratings and regulatory alerts of Nikhil Sugar Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nikhil Sugar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nikhil Sugar Private Limited has 1 active EPFO establishment as of Apr 03, 2024.
GST
Nikhil Sugar has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCN2004L1ZW | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nikhil Sugar Private Limited, buy the company report.
Recent activity
Nikhil Sugar Private Limited has 10 board changes on record since 2009: 3 appointments and 7 cessations. The latest: Hemant Kumar Agrawal ceased to be Director on 03 Jun 2019.
7 earlier events are in the company report.
Frequently asked questions
Nikhil Sugar is an active private limited company based in Harda Mp, Madhya Pradesh, India. The company works in sugar processing, within the agriculture industry. It was incorporated on 15 September 2005 (21+ years old) and is registered under CIN U01542MP2005PTC017963.
Nikhil Sugar has 3 current directors:
- Siddharth Agrawal - Director
- Vishal Agrawal - Additional Director
- Vikrant Agrawal - Additional Director
The latest financial statements of Nikhil Sugar 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 Nikhil Sugar is 23AACCN2004L1ZW, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Nikhil Sugar is U01542MP2005PTC017963. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nikhil Sugar has 10 court cases on record: 10 filed against it. 2 are pending. Most are in the high courts.
Nikhil Sugar was incorporated on 15 September 2005, making it 21+ years old. It is registered with the Registrar of Companies, Gwalior.
Hemant Kumar Agrawal ceased to be Director on 03 Jun 2019. Mahesh Kumar Agrawal ceased to be Director on 03 Jun 2019. Vipin Kumar Agrawal ceased to be Managing Director on 03 Jun 2019. Nikhil Sugar has 10 board changes on record in total.
The registered office of Nikhil Sugar is at Ganesh Ginning Campuschhipaner Road, Harda Mp, Madhya Pradesh, India.
Nikhil Sugar operates in the agriculture industry, in the sugar processing segment.