About Nimit Finance Pvt Ltd
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Nimit Finance Pvt Ltd is a private limited company based in Vadodara, Gujarat, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 23 November 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U65910GJ1994PTC023638. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Avinash Chandra Manchanda and Miten Avinash Manchanda.
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 706 Sanket Heights Near Akshar Chowk Sun Pharma Road Corner Atladra, Vadodara, Gujarat, India – 390012.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.16 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹51.17 Lakh (net margin 9.9%) and EBITDA of ₹69.31 Lakh (EBITDA margin 13.4%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 47% over five years.
The company is associated with 1 brand: Nimit Finance.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nimitfinance.com.
Company details
Contact details
Nimit Finance Pvt Ltd's registered office is in Vadodara, Gujarat. Its website is nimitfinance.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address706 Sanket Heights Near Akshar Chowk Sun Pharma Road Corner Atladra, Vadodara, Gujarat, India – 390012
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Nimit Finance Pvt Ltd, 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
Brands
Nimit Finance operates one associated brand: Nimit Finance. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates as a private equity firm specializing in investment opportunities. | nimitfinance.com |
Business activity
The main business activity of Nimit Finance is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Nimit Finance Pvt Ltd, buy the company report.
Financials of Nimit Finance Pvt Ltd
FY 2025 filings availableNimit Finance Pvt Ltd reported revenue of ₹5.16 Cr (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 47%. EBITDA fell 24% 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 | ₹69.31 Lakh | ||||
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| Net Profit (PAT) | ₹51.17 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 | 13.4% | ||||
| Net Profit Margin | 9.9% | ||||
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To see the full financial statements and ratios of Nimit Finance Pvt Ltd, buy the company report.
Board of directors of Nimit Finance Pvt Ltd
Nimit Finance has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avinash Chandra Manchanda Also directs: Avity Agrotech Private Limited | Director | 10 Jul 1995 | 31 Years 4 Months | Current |
| Miten Avinash Manchanda Also directs: Avity Agrotech Private Limited | Director | 06 Sep 2010 | 16 Years 2 Months | Current |
Peer comparison
Nimit Finance Pvt Ltd is compared with the 3 companies closest to it by revenue in the BFSI industry (Broking Services, Finance), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ifin Securities Finance Limited | ₹5.16 Cr (FY 2018) | -28.0% | Chennai, Tamil Nadu, India | |||
| Vinayana Investment and Finance Limited | ₹5.16 Cr (FY 2025) | 20.0% | New Delhi, Delhi, India | |||
| Nimit Finance Pvt Ltdthis company | ₹5.16 Cr (FY 2025) | ₹51.17 Lakh | 9.9% | -7.0% | Vadodara, Gujarat, India | |
| Shakambari Intra & Finance Pvt Ltd | ₹5.15 Cr (FY 2024) | -81.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Nimit Finance Pvt Ltd, buy the company report.
Shareholding
The shareholding of Nimit Finance Pvt Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Nimit Finance Pvt Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Nimit Finance Pvt Ltd 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 Nimit Finance Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nimit Finance has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Nimit Finance Pvt Ltd, buy the company report.
Recent activity
Nimit Finance Pvt Ltd has 5 board changes on record since 1995: 2 appointments and 3 cessations. The latest: Vishal Avinash Manchanda ceased to be Director on 01 Jun 2016.
Frequently asked questions
Nimit Finance is an active private limited company based in Vadodara, Gujarat, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 23 November 1994 (32+ years old) and is registered under CIN U65910GJ1994PTC023638.
Nimit Finance has 2 current directors:
- Avinash Chandra Manchanda - Director
- Miten Avinash Manchanda - Director
The latest financial statements of Nimit Finance 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.
No. Nimit Finance has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Nimit Finance is U65910GJ1994PTC023638. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nimit Finance was incorporated on 23 November 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Nimit Finance by revenue are Ifin Securities Finance Limited, Vinayana Investment and Finance Limited, Shakambari Intra & Finance Pvt Ltd, all in the BFSI industry (Broking Services, Finance), with the same principal business activity (other financial activities).
Vishal Avinash Manchanda ceased to be Director on 01 Jun 2016. Krishna Kant ceased to be Director on 21 Mar 2014. Miten Avinash Manchanda ceased to be Additional Director on 30 Sep 2011. Nimit Finance has 5 board changes on record in total.
Nimit Finance can be reached through the website nimitfinance.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Nimit Finance is at 706 Sanket Heights Near Akshar Chowk Sun Pharma Road Corner Atladra, Vadodara, Gujarat, India – 390012.
Nimit Finance operates in the financial services industry, in the brokerage and trading services segment.
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