About Nipha India Pvt. Ltd.
Data last updated:
Nipha India Pvt. Ltd. was a private limited company based in Kolkata, West Bengal, India, operated as a subsidiary of Nipha Exports Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the agri machinery and equipment segment of the agriculture sector. It was incorporated on 05 August 1987.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U29199WB1987PTC042803. Its GSTIN is 19AABCN8269J1ZV (West Bengal). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹20 Cr and a paid-up capital of ₹19.59 Cr. It was led by directors including Aakash Shah (Whole-Time Director) and Anupam Shah.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 48 Ganga Jamuna 28/1 Shakespeare Sarani, Kolkata, West Bengal, India – 700017.
As per the financials filed for FY 2024, the company reported a revenue of ₹40.38 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net loss of ₹1.77 Cr (net margin -4.4%) and EBITDA of -₹4.3 Lakh (EBITDA margin -0.1%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 53% over five years.
The company had about 70 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had open charges of ₹15.05 Cr and satisfied charges of ₹2.17 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 1 case is pending.
The last known website on record is niphaindia.com.
Company details
Contact details
Nipha India Pvt. Ltd.'s registered office is in Kolkata, West Bengal. Its website is niphaindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address48 Ganga Jamuna 28/1 Shakespeare Sarani, Kolkata, West Bengal, India – 700017
- IndustryAgriculture, Agri Machinery & Equipment
To see the full contact details of Nipha India 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
Business activity
The main business activity of Nipha India is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Nipha India Pvt. Ltd., buy the company report.
Financials of Nipha India Pvt. Ltd.
FY 2024 filings availableNipha India Pvt. Ltd. reported revenue of ₹40.38 Cr (up 40% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 53% over five years, including 40% growth in the latest year. EBITDA rose 96% 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 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | -₹4.3 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.77 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.1% | ||||
| Net Profit Margin | -4.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Nipha India Pvt. Ltd., buy the company report.
Board of directors of Nipha India Pvt. Ltd.
Nipha India has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anupam Shah | Director | 21 Aug 2000 | 26 Years 2 Months | As last reported |
| Anshuman Shah Also directs: Nipha Limited, G N Distributors Pvt Ltd | Director | 25 Nov 2023 | 2 Years 10 Months | As last reported |
| Shashank Shah Also directs: Nipha Rail & Engineers Private Limited, Nipha Limited, Kisaango Agrosol Private Limited and 5 more | Director | 30 Sep 2023 | 3 Years 0 Months | As last reported |
| Tushar Shah | Director | 30 Sep 2023 | 3 Years 0 Months | As last reported |
| Aakash Shah | Whole-Time Director | 22 Aug 2009 | 17 Years 2 Months | As last reported |
Auditor
Nipha India Pvt. Ltd. is audited by R. K. Patodi & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. K. Patodi & Co. | FY 2022 | 305091E |
Shareholding
The shareholding of Nipha India Pvt. Ltd. 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 Nipha India Pvt. Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jul 2020 | 100384178 | Others | ₹2.17 Cr | Satisfied |
To see the full charge records of Nipha India Pvt. Ltd., buy the company report.
Total charge records: 1 View all charges
Legal cases
Nipha India Pvt. Ltd. has 6 court cases on record: 4 filed by Nipha India, 2 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 0 |
| District courts | 2 | 1 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Company petition | Filed against the company by In the Matter of Jagannath Textile Co. Ltd. | Disposed |
| High Court | Civil suit | Filed by the company against Jagannath Textile Company Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| High Court, West Bengal | Court case (MAT) | Filed by the company against Additional Secretary to Govt of India and Anr | Disposed |
| Calcutta High Court | Writ petition | Filed by the company against Addl. Secretary to Govt of India, Ministry of Finance & Ors | Disposed |
To see the full case history of Nipha India Pvt. Ltd., 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
Nipha India Pvt. Ltd. was last rated by Crisil on 10 Dec 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 10 Dec 2019 |
To see the full credit ratings and regulatory alerts of Nipha India Pvt. Ltd., buy the company report.
MSME payment delays
Nipha India Pvt. Ltd. has 2 MSME Form 1 returns on record between 2019 and 2020, listing 4 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Nipha Enterprises LLP | |||
| Prompt Castings Private Limited |
To see the full MSME payment records of Nipha India Pvt. Ltd., buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Nipha India Pvt. Ltd. has a workforce of 70 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Nipha India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCN8269J1ZV | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nipha India Pvt. Ltd., buy the company report.
Recent activity
Nipha India Pvt. Ltd. has 8 board changes on record since 2000: 5 appointments and 3 cessations. The latest: Anshuman Shah ceased to be Additional Director on 29 Sep 2024.
1 earlier event is in the company report.
Frequently asked questions
Nipha India has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Nipha India was a private limited company based in Kolkata, West Bengal, India. The company worked in agri machinery and equipment, within the agriculture industry. It was incorporated on 05 August 1987 and is registered under CIN U29199WB1987PTC042803. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Nipha India was incorporated on 05 August 1987. It is registered with the Registrar of Companies, Kolkata.
Nipha India had 5 directors:
- Aakash Shah - Whole-Time Director
- Anupam Shah - Director
- Anshuman Shah - Director
- Shashank Shah - Director
- Tushar Shah - Director
The CIN (Corporate Identification Number) of Nipha India is U29199WB1987PTC042803. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Nipha India is at 48 Ganga Jamuna 281 Shakespeare Sarani, Kolkata, West Bengal, India – 700017.
Nipha India can be reached through the website niphaindia.com. Its registered office is in Kolkata, West Bengal, India.
The latest financial statements of Nipha India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Nipha India is 19AABCN8269J1ZV, registered in West Bengal. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Nipha India operated in the agriculture industry, in the agri machinery and equipment segment.
Nipha India has 2 MSME Form 1 returns on record between 2019 and 2020, listing 4 overdue payments to 2 micro and small suppliers. The latest return was filed on 28 May 2021.