Nimit Finance Pvt Ltd - Company Profile

Q: Who are the current directors of Nimit Finance Pvt Ltd?

The current directors of Nimit Finance Pvt Ltd are Avinash Chandra Manchanda, Miten Avinash Manchanda.

It is a financial services private limited company based in Vadodara, Gujarat, India, established in 1994.

1994 Vadodara, Gujarat, India Active

Last Updated: February 13, 2026

About Nimit Finance Pvt Ltd

Nimit Finance Pvt Ltd, a active private limited company, was established on 23 November 1994 in Vadodara, Gujarat, India. Engaging in brokerage & trading services within the financial services sector, it holds CIN: U65910GJ1994PTC023638. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.20 M.

It upholds a compliant status. Its leadership includes Avinash Chandra Manchanda (Director), Miten Avinash Manchanda (Director). Past directors included Krishna Kant, Vishal Avinash Manchanda, Miten Avinash Manchanda. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 706, Sanket Heights, Near Akshar Chowk Sun Pharma Road Corner, Atladra, Vadodara, Gujarat, 390012.

Company Details

CIN/LLPIN
U65910GJ1994PTC023638
Registration Number
023638
Incorporation Date
23 November 1994
Authorized Capital
₹1.00 M
Paid-Up Capital
₹0.20 M
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1.00 M as on 13-02-2026
Paid Up Capital ₹ 0.20 M as on 13-02-2026
Company Age 31 Year, 2 Months
Last Filing with ROC 31 Mar 2025
Revenue Growth **** -55.40% (FY 2017)
Profit Growth **** 640.46% (FY 2017)
Ebitda **** 105.12% (FY 2017)
Net Worth 9.08% (FY 2017)
Total Assets -23.94% (FY 2017)

Comprehensive Company Insights

Explore comprehensive insights into Nimit Finance Pvt Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report

Who are the key members and board of directors at Nimit Finance Pvt Ltd?

Current Directors

Name	Designation	Appointment Date	Status
Avinash Chandra Manchanda	Director	10 Jul 1995	Current
Miten Avinash Manchanda	Director	06 Sep 2010	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	21 Mar 2014	Past
Pramod Abcsdd	Director	01 Jun 2016	Past
Pramod Abcsdd	Additional Director	30 Sep 2011	Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Nimit Finance.

Nimit Finance Pvt Ltd, for the financial year ended 2017, experienced significant reduction in revenue, with a 55.4% decrease. The company also saw a substantial improvement in profitability, with a 640.46% increase in profit. The company's net worth moved up by a moderate rise of 9.08%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

Upgrade Required

Full access to Financial is available only for users with an active Premium plan.

Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-55.40%

*******

Revenue from Operations

*******

-52.35%

*******

Total Assets

*******

-23.94%

*******

Profit or Loss

*******

640.46%

*******

Net Worth

*******

9.08%

*******

EBITDA

*******

105.12%

*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Nimit Finance?

In 2017, Nimit Finance had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

Upgrade Required

Full access to Ownership and Shareholding Structure is available only for users with an active Premium plan.

Reveal ownership structures and financial performance - Get instant access now!

How Many Employees Work at Nimit Finance?

Nimit Finance has a workforce of 0 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

Upgrade Required

Full access to People is available only for users with an active Premium plan.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Nimit Finance, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Nimit Finance's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Nimit Finance

Recent Activity within the Organization

Annual General Meeting

Progress on Nimit Finance Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.
30 Sep 2025
Balance Sheet

Progress on Nimit Finance Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.
31 Mar 2025
Director Appointment

Miten Avinash Manchanda was appointed as a Director was appointed as a Director on 06 Sep 2010 & has been associated with this company since 15 years 5 months . was recorded as a recent event.
06 Sep 2010
Director Appointment

The activity Avinash Chandra Manchanda was appointed as a Director was appointed as a Director on 10 Jul 1995 & has been associated with this company since 30 years 7 months . was completed.
10 Jul 1995
Company Incorporation

Nimit Finance Pvt Ltd was registered on 23 Nov 1994 with Roc Ahmedabad & aged 31 years 2 months as per MCA records. was recorded as a recent event.
23 Nov 1994

Explore recent activity and updates - View Recent Activity