About Nina Percept Private Limited
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Nina Percept Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Pidilite Industries Limited. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 11 November 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2014PTC259216. Its GSTIN is 27AAECN7900M1Z5 (Maharashtra). The company holds 25 GST registrations, of which 22 are active.
The company has an authorised share capital of ₹11.1 Cr and a paid-up capital of ₹1.6 Cr. It was formerly known as Nina Waterproofing Systems Private Limited and Aekam Construction Specialties Private Limited. It is led by directors including Hemamalini Uppoor (Whole-Time Director) and Sandeep Batra.
Its last annual general meeting (AGM) was held on 31 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Regent Chambers 7th Floor 208, Nariman Point Mumbai – 400021, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹338.9 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹10.07 Cr (net margin 3%) and EBITDA of ₹27.1 Cr (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 5% over five years.
The company has about 384 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Nina Percept. As per MCA filings, the company has open charges of ₹295.37 Cr and satisfied charges of ₹55 Cr on record. Court records list 47 cases involving the company, including 44 filed by the company and 3 filed against it; 10 cases are pending. The company has 7 deals on record (4 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹20.88 Cr; the latest was in March 2023. The company has 13 MSME Form 1 returns on record between 2016 and 2022, listing 79 overdue payments to 27 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ninapercept.com.
Company details
Name history
Nina Percept has undergone 2 name changes throughout its history. The company was previously known as Nina Waterproofing Systems Private Limited, and Aekam Construction Specialties Private Limited. The current legal name is Nina Percept Private Limited.
| Company Name | Status |
|---|---|
| Nina Percept Private Limited | Current |
| Nina Waterproofing Systems Private Limited | Previous |
| Aekam Construction Specialties Private Limited | Previous |
Contact details
Nina Percept Private Limited's registered office is in Mumbai, Maharashtra. Its website is ninapercept.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressRegent Chambers 7th Floor 208, Nariman Point Mumbai – 400021, Maharashtra, India – 400021
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Nina Percept 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
Brands
Nina Percept operates one associated brand: Nina Percept. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Nina Percept is engaged in providing waterproofing and structural protection solutions. | ninapercept.com |
Business activity
The main business activity of Nina Percept is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Nina Percept Private Limited, buy the company report.
Financials of Nina Percept Private Limited
FY 2025 filings availableNina Percept Private Limited reported revenue of ₹338.9 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 7% growth in the latest year. EBITDA rose 33% 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 | ₹27.1 Cr | ||||
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| Net Profit (PAT) | ₹10.07 Cr | ||||
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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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| Profitability | |||||
| EBITDA Margin | 8% | ||||
| Net Profit Margin | 3% | ||||
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To see the full financial statements and ratios of Nina Percept Private Limited, buy the company report.
Board of directors of Nina Percept Private Limited
Nina Percept has 5 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Batra Also directs: Pidilite Industries Limited, DFM Foods Limited, Bhimad Commercial Company Private Limited and 1 more | Director | 03 Nov 2023 | 2 Years 11 Months | Current |
| Kavinder Singh Also directs: Pidilite Grupo Puma Manufacturing Limited, Building Envelope Systems India Limited, Pidilite Industries Limited and 1 more | Additional Director | 17 Oct 2024 | 2 Years 0 Months | Current |
| Hemamalini Uppoor | Whole-Time Director | 01 Aug 2024 | 2 Years 2 Months | Current |
| Rajaram Moreshwar Ajgaonkar | Director | 04 Feb 2017 | 9 Years 8 Months | Current |
| Sanjay Bahadur Also directs: Tenax Pidilite India Private Limited, Pidilite Grupo Puma Manufacturing Limited, Pidilite Ventures Private Limited and 5 more | Director | 31 Mar 2015 | 11 Years 6 Months | Current |
Auditor
Nina Percept Private Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of Nina Percept Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nina Percept Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Sep 2025 | 101176442 | Hdfc Bank Limited | ₹36.05 Lakh | Open | |
| 14 Jul 2015 | 10584840 | Others | ₹190 Cr | Open | |
| 03 Jun 2015 | 10577035 | Others | ₹60 Cr | Open | |
| 16 Jul 2014 | 10515271 | Hdfc Bank Limited | ₹45 Cr | Open | |
| 29 May 2014 | 10508488 | Hdfc Bank Limited | ₹1 Lakh | Open |
To see the full charge records of Nina Percept Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Nina Percept Private Limited has 7 deals on record (4 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹20.88 Cr; the latest was in March 2023.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2021 | Secondary share transfer | Undisclosed | Buyer: Pidilite Industries Limited Seller: an individual |
| Dec 2020 | Secondary share transfer | Undisclosed | Buyer: Pidilite Industries Limited & Priykant C Patel, Pidilite Industries Limited Seller: an individual |
| Mar 2019 | Funding round | ₹20.88 Cr | Investors: Pidilite Industries Limited , an individual |
| May 2015 | Rights issue | ₹87.33 Cr | Investors: Pidilite Industries Limited , Jupiter Waterproofing Services |
| Mar 2015 | Acquisition | ₹23.3 Lakh | Buyer: Pidilite Industries Limited |
To see the full deal history of Nina Percept Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nina Percept Private Limited has 47 court cases on record: 44 filed by Nina Percept, 3 filed against it. 10 cases are pending and 37 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 26 | 2 | 7 |
| High courts | 15 | 1 | 1 |
| NCLT | 6 | 0 | 2 |
Cases on record (5 of 47)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Poddar Housing and Development Limited and 2 others | Pending |
| District court, SURAT, Gujarat | Commercial matter | Filed by the company against Icici Bank Ltd. and 1 other | Pending |
| NCLT, Mumbai | Company petition | Filed by the company against Il & FS Financial Services Ltd | Pending |
| Bombay High Court | Arbitration matter | Filed by the company against Aap Realtors Ltd. | Disposed |
| High Court, MAHARASHTRA | Arbitration matter | Filed by the company against Gammon India Ltd | Disposed |
To see the full case history of Nina Percept 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
Nina Percept Private Limited was last rated by Indiarating on 26 Mar 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 26 Mar 2021 |
To see the full credit ratings and regulatory alerts of Nina Percept Private Limited, buy the company report.
MSME payment delays
Nina Percept Private Limited has 13 MSME Form 1 returns on record between 2016 and 2022, listing 79 overdue payments to 27 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 27)
To see the full MSME payment records of Nina Percept Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Nina Percept Private Limited has a workforce of 384 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Nina Percept has 25 GST registrations: 22 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECN7900M1Z5 | Maharashtra | Active | 01 Jul 2017 |
| 27AAECN7900M2Z4 | Maharashtra | Active | 01 Jun 2024 |
| 05AAECN7900M1ZB | Uttarakhand | Active | 01 Jul 2017 |
| 06AAECN7900M1Z9 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nina Percept Private Limited, buy the company report.
Recent activity
Nina Percept Private Limited has 19 board changes on record since 2015: 6 appointments and 13 cessations. The latest: Kavinder Singh was appointed as Additional Director on 17 Oct 2024.
21 earlier events are in the company report.
Frequently asked questions
Nina Percept is an active private limited company based in Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 11 November 2014 (12+ years old) and is registered under CIN U74120MH2014PTC259216.
Nina Percept has 5 current directors:
- Hemamalini Uppoor - Whole-Time Director
- Sandeep Batra - Director
- Kavinder Singh - Additional Director
- Rajaram Moreshwar Ajgaonkar - Director
- Sanjay Bahadur - Director
The latest financial statements of Nina Percept on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nina Percept is 27AAECN7900M1Z5, registered in Maharashtra. The company has 25 GST registrations in all, of which 22 are active and 3 are cancelled or inactive. Other active GSTINs include 27AAECN7900M2Z4 (Maharashtra), 05AAECN7900M1ZB (Uttarakhand), 06AAECN7900M1Z9 (Haryana).
The CIN (Corporate Identification Number) of Nina Percept is U74120MH2014PTC259216. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nina Percept has 47 court cases on record: 44 filed by the company and 3 filed against it. 10 are pending. Most are in the district courts.
Nina Percept was incorporated on 11 November 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Nina Percept has 7 deals on record (4 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹20.88 Cr; the latest was in March 2023.
Kavinder Singh was appointed as Additional Director on 17 Oct 2024. Ravishankar Chandrashekharan ceased to be Additional Director on 17 Sep 2024. Ravishankar Chandrashekharan was appointed as Director on 29 Aug 2024. Nina Percept has 19 board changes on record in total.
Nina Percept has 13 MSME Form 1 returns on record between 2016 and 2022, listing 79 overdue payments to 27 micro and small suppliers. The latest return was filed on 29 Oct 2022.
Nina Percept can be reached through the website ninapercept.com. Its registered office is in Mumbai, Maharashtra, India.