Startup India Government of India
Nikit Chem Retails Private Limited
Nikit Chem Retails Private Limited - manufacturing in Ludhiana, Punjab, India. Directors, charges & compliance details.
Revenue · FY 2024
₹24.32 Lakh
▲ 131% YoY
Net profit · FY 2024
₹71,985
Net margin 3%
EBITDA · FY 2024
₹7.45 Lakh
EBITDA margin 30.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.32 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
About Nikit Chem Retails Private Limited
Data last updated:
Nikit Chem Retails Private Limited is a private limited company based in Ludhiana, Punjab, India, recognised as a startup by DPIIT. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 26 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U52609PB2020PTC052175.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Nikit Mittal and Loveena.
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 H.No 3795 Sector 32A Chandigarh Road, Ludhiana, Punjab, India – 141001.
As per the financials filed for FY 2024, the company reported a revenue of ₹24.32 Lakh, a growth of 131% compared to the previous year. For the same year it recorded a net profit of ₹71,985 (net margin 3%) and EBITDA of ₹7.45 Lakh (EBITDA margin 30.6%). Revenue has grown at a compounded annual rate (CAGR) of 455% over three years.
As per MCA filings, the company has open charges of ₹1.32 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Nikit Chem Retails Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0118511).
Company details
CIN U52609PB2020PTC052175
Registration Number 052175
Incorporation Date 26 October 2020
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-PB-12-0118511
Recognitions & Rankings of Nikit Chem Retails
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-PB-12-0118511
Contact details
Nikit Chem Retails Private Limited's registered office is in Ludhiana, Punjab.
- Registered AddressH.No 3795 Sector 32A Chandigarh Road, Ludhiana, Punjab, India – 141001
- IndustryManufacturing, Paint & Coatings
Comprehensive company report
Nikit Chem Retails 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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Secure checkout · GST invoice included
Business activity
The main business activity of Nikit Chem Retails is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Nikit Chem Retails Private Limited, buy the company report.
Financials of Nikit Chem Retails Private Limited
FY 2025 filings availableNikit Chem Retails Private Limited reported revenue of ₹24.32 Lakh (up 131% YoY) for FY 2024.
Revenue · FY 2024
₹24.32 Lakh ▲ 131%
Net profit · FY 2024
₹71,985 margin 3%
EBITDA · FY 2024
₹7.45 Lakh margin 30.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 131%
3 years · compounded
▲ 455%
EBITDA CAGR growth
1 year
▼ 29%
3 years · compounded
▲ 366%
Revenue has grown at a compounded annual rate (CAGR) of 455% over three years, including 131% growth in the latest year. EBITDA fell 29% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹7.45 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹71,985 | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
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| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 30.6% | |||
| Net Profit Margin | 3% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| 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 Nikit Chem Retails Private Limited, buy the company report.
Board of directors of Nikit Chem Retails Private Limited
Nikit Chem Retails has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikit Mittal Also directs: Nikit Chem Industries Limited | Director | 01 Mar 2024 | 2 Years 7 Months | Current |
| Loveena | Director | 26 Oct 2020 | 5 Years 11 Months | Current |
| Sanjeev Kumar | Director | 26 Oct 2020 | 5 Years 11 Months | Current |
Charges & borrowings
Open charges
₹1.32 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Dec 2023 | 100845613 | Hdfc Bank Limited | ₹1.32 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Nikit Chem Retails Private Limited has 1 court case on record: 1 filed by Nikit Chem Retails. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against an individual | Pending |
To see the full case history of Nikit Chem Retails 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 Nikit Chem Retails Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Nikit Chem Retails Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Nikit Chem Retails Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Nikit Mittal was appointed as Director on 01 Mar 2024.
AGM
Nikit Chem Retails Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Nikit Chem Retails Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Appointed
Nikit Mittal was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 132.00 Lakh with Charge ID 100845613 was registered on 16 Dec 2023.
Appointed
Loveena was appointed as Director.
Appointed
Sanjeev Kumar was appointed as Director.
Incorporation
26 Oct 2020
Nikit Chem Retails Private Limited was registered on 26 Oct 2020 with Roc Chandigarh & aged 5 years 11 months as per MCA records.
Frequently asked questions
Nikit Chem Retails is an active private limited company based in Ludhiana, Punjab, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 26 October 2020 (6+ years old) and is registered under CIN U52609PB2020PTC052175.
Nikit Chem Retails has 3 current directors:
- Nikit Mittal - Director
- Loveena - Director
- Sanjeev Kumar - Director
The latest financial statements of Nikit Chem Retails 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 FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Nikit Chem Retails is U52609PB2020PTC052175. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nikit Chem Retails has 1 court case on record: 1 filed by the company. 1 is pending.
Nikit Chem Retails was incorporated on 26 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chandigarh.
Nikit Mittal was appointed as Director on 01 Mar 2024. Loveena was appointed as Director on 26 Oct 2020. Sanjeev Kumar was appointed as Director on 26 Oct 2020.
Yes, Nikit Chem Retails is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Nikit Chem Retails is registered as a micro enterprise under Udyam registration (number: UDYAM-PB-12-0118511).
The registered office of Nikit Chem Retails is at H.No 3795 Sector 32A Chandigarh Road, Ludhiana, Punjab, India – 141001.