India's Richest People 2026 edition · 1 director · Source: Hurun India
- #338 Chirayu R Amin & family ₹11,100 Cr
Nirayu Private Limited
Nirayu Private Limited - financial services in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Active Private Limited Company financial services
Revenue · FY 2023
₹105.64 Cr
Latest filing
Net profit · FY 2023
₹70.52 Cr
Net margin 66.8%
Authorised capital
₹132.8 Cr
Registered with MCA
Paid-up capital
₹9.95 Cr
Issued & subscribed
Satisfied charges
₹169.25 Cr
No open charges
Company age
55 yrs
Est. 1971
Employees · EPFO
1
Provident fund records
Directors on board
5
As per MCA filings
About Nirayu Private Limited
Data last updated:
Nirayu Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the financial holding companies segment of the financial services sector. It was incorporated on 17 November 1971 and has been in existence for over 55 years.
Its director Chirayu R Amin and family are #338 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28100GJ1971PTC098778. Its GSTIN is 24AAACN7427K3ZB (Gujarat). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹132.8 Cr and a paid-up capital of ₹9.95 Cr. It is led by directors including Amresh Choudhary (Whole-Time Director) and Rasesh Jayant Shah.
Its last annual general meeting (AGM) was held on 25 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Vadodara, Gujarat.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Paushak. As per MCA filings, the company has satisfied charges of ₹169.25 Cr on record. Court records list 25 cases involving the company, including 11 filed by the company and 14 filed against it; 2 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in January 2008.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U28100GJ1971PTC098778
Registration Number 098778
Incorporation Date 17 November 1971
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
CIN history
Nirayu has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U28100GJ1971PTC098778, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28100GJ1971PTC098778 | Current |
| U28100GJ1971PLC098778 | Previous |
| U51909KA1971PTC002124 | Previous |
| U51909GJ1971PTC098778 | Previous |
Key People
Amresh Choudhary Whole-Time Director Rasesh Jayant Shah Director Chandrashekhar Pundarikray Buch Director Recognitions & Rankings of Nirayu
Contact details
Nirayu Private Limited's registered office is in Vadodara, Gujarat.
- Registered Address5th Floor Administration Building, Alembic Road, Vadodara, Gujarat, India – 390003
- IndustryFinancial Services, Financial Holding Companies, NBFC
Comprehensive company report
Nirayu Private Limited - one report that includes everything
- 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
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Brands
Nirayu operates one associated brand: Paushak. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Phosgene-based speciality chemicals and intermediates are manufactured for various applications. | paushak.com |
Business activity
Nirayu operates primarily in the financial and insurance service and real estate sectors. 2 business activities are registered with the MCA.
| Main activity group | Business activity | Share of turnover |
|---|---|---|
| Financial and insurance Service | Other financial activities | |
| Real Estate | Real estate activities with own or leased property |
To see the full business activity and turnover split of Nirayu Private Limited, buy the company report.
Financials of Nirayu Private Limited
FY 2025 filings availableNirayu Private Limited reported revenue of ₹105.64 Cr for FY 2023.
Revenue · FY 2023
₹105.64 Cr
Net profit · FY 2023
₹70.52 Cr margin 66.8%
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹105.64 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹70.52 Cr | ||||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | 66.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Nirayu Private Limited, buy the company report.
Board of directors of Nirayu Private Limited
Nirayu has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rasesh Jayant Shah Also directs: Alembic City Limited, Suvid Hospitals Private Limited | Director | 22 Feb 2017 | 9 Years 8 Months | Current |
| Amresh Choudhary | Whole-Time Director | 15 May 2024 | 2 Years 5 Months | Current |
| Chandrashekhar Pundarikray Buch | Director | 01 Sep 2019 | 7 Years 2 Months | Current |
| Shailesh Ramanlal Shah Also directs: Shreno Limited | Director | 14 Apr 2025 | 1 Years 6 Months | Current |
| Chirayu Ramanbhai Amin | Director | 15 Jun 2000 | 26 Years 4 Months | Current |
Charges & borrowings
Open charges
None
Satisfied charges
₹169.25 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Feb 2021 | 100417430 | Others | ₹125 Cr | Satisfied | |
| 27 Jan 2020 | 100322356 | Others | ₹10 Cr | Satisfied | |
| 29 Aug 2006 | 10017618 | Cholamandalam Dbs Finance Limited | ₹18 Cr | Satisfied | |
| 29 Aug 2006 | 10027273 | Cholamandalam Db Finance Limited | ₹12 Cr | Satisfied | |
| 03 Jan 2003 | 80049385 | Bank of Baroda | ₹2.75 Cr | Satisfied |
To see the full charge records of Nirayu Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Nirayu Private Limited has 1 deal on record (1 acquisition); the latest was in January 2008.
Total deals
1
Acquisition
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2008 | Acquisition | ₹17.28 Cr | Buyer: Alembic Limited Seller: Nirayu Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nirayu Private Limited has 25 court cases on record: 11 filed by Nirayu, 14 filed against it. 2 cases are pending and 23 are disposed.
Total cases
25
Filed by the company
11
Filed against the company
14
Pending
2
Disposed
23
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 7 | 0 |
| District courts | 10 | 7 | 2 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (COP) | Filed against the company by Mysore Sales International Ltd., | Disposed |
| District court, Vadodara, Gujarat | Court case (CMA SC) | Filed against the company by Shri Sankarda Sanyukat Kheti Sahakari Mandali Ltd. President Induben P Patel | Pending |
| District court, Vadodara, Gujarat | Court case (CMA SC) | Filed against the company by Shri Sankarda Sanyukat Kheti Sahakari Mandali Ltd. President Smt. Induben P. Patel | Pending |
| High Court, GUJARAT | Appeal | Filed against the company by Union of India, Directorate of Enforcement (Through Assistant Director) | Disposed |
| District court, Vadodara, Gujarat | Court case (REF IT) | Filed against the company by an individual | Disposed |
To see the full case history of Nirayu 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
Nirayu Private Limited was last rated by Crisil on 28 Apr 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 28 Apr 2021 |
To see the full credit ratings and regulatory alerts of Nirayu Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nirayu Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nirayu has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACN7427K3ZB | Gujarat | Active | 01 Jan 2018 |
To see the full GST registrations and return filing status of Nirayu Private Limited, buy the company report.
Recent activity
Nirayu Private Limited has 14 board changes on record since 2000: 5 appointments and 9 cessations. The latest: Shailesh Ramanlal Shah ceased to be Additional Director on 24 Aug 2025.
AGM
Nirayu Private Limited last Annual general meeting of members was held on 25 Aug 2025 as per latest MCA records.
Ceased
Shailesh Ramanlal Shah ceased to be Additional Director.
Appointed
Shailesh Ramanlal Shah was appointed as Director.
Filing
Nirayu Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Amresh Choudhary ceased to be Additional Director.
Appointed
Amresh Choudhary was appointed as Whole-Time Director.
Charges
A charge registered on 08 Feb 2021 via Charge ID 100417430 with Others was fully satisfied on 29 Feb 2024.
Charges
A charge registered on 27 Jan 2020 via Charge ID 100322356 with Others was fully satisfied on 14 Oct 2021.
Charges
A charge with Others of Rs. 10.00 Cr registered on 27 Jan 2020 with Charge ID 100322356 was modified on 07 Jun 2021.
Charges
A charge with Others amounted to Rs. 125.00 Cr with Charge ID 100417430 was registered on 08 Feb 2021.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100322356 was registered on 27 Jan 2020.
Ceased
Chandrashekhar Pundarikray Buch ceased to be Additional Director.
18 earlier events are in the company report.
Frequently asked questions
Nirayu is an active private limited company based in Vadodara, Gujarat, India. The company works in financial holding companies, within the financial services industry. It was incorporated on 17 November 1971 (55+ years old) and is registered under CIN U28100GJ1971PTC098778.
Nirayu has 5 current directors:
- Amresh Choudhary - Whole-Time Director
- Rasesh Jayant Shah - Director
- Chandrashekhar Pundarikray Buch - Director
- Shailesh Ramanlal Shah - Director
- Chirayu Ramanbhai Amin - Director
The latest financial statements of Nirayu on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nirayu is 24AAACN7427K3ZB, registered in Gujarat. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Nirayu is U28100GJ1971PTC098778. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nirayu has 25 court cases on record: 11 filed by the company and 14 filed against it. 2 are pending. Most are in the high courts.
Nirayu was incorporated on 17 November 1971, making it 55+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Nirayu has 1 deal on record (1 acquisition); the latest was in January 2008.
Shailesh Ramanlal Shah ceased to be Additional Director on 24 Aug 2025. Shailesh Ramanlal Shah was appointed as Director on 14 Apr 2025. Amresh Choudhary ceased to be Additional Director on 27 Jun 2024. Nirayu has 14 board changes on record in total.
The registered office of Nirayu is at 5th Floor Administration Building, Alembic Road, Vadodara, Gujarat, India – 390003.
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