Nimit Electronics Private Limited
About Nimit Electronics Private Limited
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Nimit Electronics Private Limited is a private limited company based in Bhavnagar, Gujarat, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 22 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U52609GJ2021PTC120471.
The company has an authorised share capital of ₹22.59 Lakh and a paid-up capital of ₹22.59 Lakh. It is led by directors Rakeshbhai Jagdishbhai Dave and Dhruv Chandrakantbhai Dave.
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 Plot No. 3 Waghavadi Road Opp. Aksharwadi Hill Drive Bhavnagar, Gujarat, India – 364001.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.2 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹34.37 Lakh (net margin 1.2%) and EBITDA of ₹2.03 Cr (EBITDA margin 7%).
As per MCA filings, the company has open charges of ₹5.3 Cr and satisfied charges of ₹2 Cr on record.
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- Registered AddressPlot No. 3 Waghavadi Road Opp. Aksharwadi Hill Drive Bhavnagar, Gujarat, India – 364001
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Nimit Electronics Private Limited
The main business activity of Nimit Electronics is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Nimit Electronics Private Limited FY 2025 filings available
Nimit Electronics Private Limited reported revenue of ₹29.2 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Nimit Electronics Private Limited
Revenue rose 4% in the latest year. EBITDA rose 56% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Nimit Electronics Private Limited
| Metrics | FY 2024-25 | 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 | ₹2.03 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹34.37 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Nimit Electronics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Nimit Electronics are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Nimit Electronics Private Limited
Nimit Electronics Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mannav Mindtech Limited | ₹29.34 Cr (FY 2025) | •••• | •••• | 155.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Abhishek Cables Private Limited | ₹29.3 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Kolkata, West Bengal, India |
| Dewlite Enterprises Private Limited | ₹29.3 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Chennai, Tamil Nadu, India |
| Harison Generators Private Limited | ₹29.3 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Patiala, Punjab, India |
| Supreme Aircon Private Limited | ₹29.21 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Delhi, India |
| Nimit Electronics Private Limited this company | ₹29.2 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Bhavnagar, Gujarat, India |
| Bedi Sales Private Limited | ₹29.19 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Ludhiana, Punjab, India |
| Vanshika Communication Private Limited | ₹29.14 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Meerut, Uttar Pradesh, India |
| Lubros Enterprises Private Limited | ₹29.13 Cr (FY 2024) | •••• | •••• | 44.0% | •••• | Mumbai, Maharashtra, India |
| S.H.Mumtazuddin Times Private Limited | ₹29.02 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Kolkata, West Bengal, India |
| Kuber Mart Globalhub Private Limited | ₹29 Cr (FY 2025) | •••• | •••• | 54.0% | •••• | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Nimit Electronics by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Nimit Electronics Private Limited
Nimit Electronics has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakeshbhai Jagdishbhai Dave | Director | 22 Feb 2021 | 5 Years 7 Months | Current |
| Dhruv Chandrakantbhai Dave | Director | 22 Feb 2021 | 5 Years 7 Months | Current |
Charges & Borrowings of Nimit Electronics Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Nov 2023 | Hdfc Bank Limited | ₹5.3 Cr | Open |
| 19 May 2022 | Others | ₹2 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Nimit Electronics Private Limited
Employment history and EPFO contributions of people linked to Nimit Electronics.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Nimit Electronics Private Limited
Nimit Electronics Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Dhruv Chandrakantbhai Dave was appointed as Director on 22 Feb 2021.
Credit Ratings, Litigation & Regulatory Alerts for Nimit Electronics Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Nimit Electronics Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Nimit Electronics Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Nimit Electronics Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Nimit Electronics Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Nimit Electronics Private Limited
Nimit Electronics is an active private limited company based in Bhavnagar, Gujarat, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 22 February 2021 (5+ years old) and is registered under CIN U52609GJ2021PTC120471.
Nimit Electronics reported revenue of ₹29.2 Cr for FY 2025 (up 4% YoY).
Nimit Electronics has 2 current directors:
- Rakeshbhai Jagdishbhai Dave - Director
- Dhruv Chandrakantbhai Dave - Director
Nimit Electronics reported a net profit of ₹34.37 Lakh (net margin 1.2%) and EBITDA of ₹2.03 Cr (EBITDA margin 7%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Nimit Electronics is U52609GJ2021PTC120471. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nimit Electronics was incorporated on 22 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Nimit Electronics by revenue are Mannav Mindtech Limited, Abhishek Cables Private Limited, Dewlite Enterprises Private Limited, Harison Generators Private Limited, Supreme Aircon Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution).
Dhruv Chandrakantbhai Dave was appointed as Director on 22 Feb 2021. Rakeshbhai Jagdishbhai Dave was appointed as Director on 22 Feb 2021.
The registered office of Nimit Electronics is at Plot No. 3 Waghavadi Road Opp. Aksharwadi Hill Drive Bhavnagar, Gujarat, India – 364001.
Nimit Electronics has an authorised share capital of ₹22.59 Lakh and a paid-up capital of ₹22.59 Lakh.
Nimit Electronics operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.