- Category
- Small (2023-24)
- Udyam number
- UDYAM-MH-33-0042082

Nisarg Appliances Private Limited
About Nisarg Appliances Private Limited
Data last updated:
Nisarg Appliances Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 28 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC297995. Its GSTIN is 27AAFCN7239L1ZY (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1.7 Lakh. It is led by directors Samir Mahesh Doshi and Nilam Samir Doshi.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at A/3 Gautam Labdhi Shivaji Path Near Brahaman Sabha Dombivali East, Thane, Maharashtra, India – 421201.
As per the financials filed for FY 2023, the company reported a revenue of ₹28.16 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹82.84 Lakh (net margin 2.9%) and EBITDA of ₹1.77 Cr (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 209% over three years and 125% over five years.
As per MCA filings, the company has open charges of ₹25 Lakh on record. Court records list 33 cases involving the company, including 33 filed against it; 27 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹39.3 Lakh; the latest was in March 2022.
Nisarg Appliances Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0042082). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Nisarg Appliances
Contact details
Nisarg Appliances Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA/3 Gautam Labdhi Shivaji Path Near Brahaman Sabha Dombivali East, Thane, Maharashtra, India – 421201
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Nisarg Appliances 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
Business activity
The main business activity of Nisarg Appliances is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Nisarg Appliances Private Limited, buy the company report.
Financials of Nisarg Appliances Private Limited
FY 2023 filings availableNisarg Appliances Private Limited reported revenue of ₹28.16 Cr (up 44% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 125% over five years, including 44% growth in the latest year. EBITDA rose 67% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹1.77 Cr | ||||
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| Net Profit (PAT) | ₹82.84 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 6.3% | ||||
| Net Profit Margin | 2.9% | ||||
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To see the full financial statements and ratios of Nisarg Appliances Private Limited, buy the company report.
Board of directors of Nisarg Appliances Private Limited
Nisarg Appliances has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samir Mahesh Doshi | Director | 28 Jul 2017 | 9 Years 3 Months | Current |
| Nilam Samir Doshi | Director | 28 Jul 2017 | 9 Years 3 Months | Current |
Auditor
Nisarg Appliances Private Limited is audited by G V RADIA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G V RADIA & ASSOCIATES | FY 2021 | 138160W |
Shareholding
The shareholding of Nisarg Appliances Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Nisarg Appliances Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jun 2019 | 100275493 | Others | ₹25 Lakh | Open |
Total charge records: 1 View all charges
Deals & funding
Nisarg Appliances Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹39.3 Lakh; the latest was in March 2022.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Funding round | ₹39.3 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nisarg Appliances Private Limited has 33 court cases on record: 33 filed against it. 27 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 31 | 31 | 27 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro II, Rajasthan | Court case (Complaint) | Filed against the company by SMFG India Credit Company Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by Yes Bank Ltd Through Poa Mrs Priya Bhange | Pending |
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by Hero Fincorp Ltd | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Moneywise Financial Services Private Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Protium Finance Limited | Pending |
To see the full case history of Nisarg Appliances 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nisarg Appliances Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nisarg Appliances has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCN7239L1ZY | Maharashtra | Active | 23 Sep 2017 |
To see the full GST registrations and return filing status of Nisarg Appliances Private Limited, buy the company report.
Recent activity
Nisarg Appliances Private Limited has 6 board changes on record since 2017: 4 appointments and 2 cessations. The latest: Anand Narayan Gaikwad ceased to be Director on 01 Oct 2023.
Frequently asked questions
Nisarg Appliances is an active private limited company based in Thane, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 28 July 2017 (9+ years old) and is registered under CIN U74999MH2017PTC297995.
Nisarg Appliances has 2 current directors:
- Samir Mahesh Doshi - Director
- Nilam Samir Doshi - Director
The latest financial statements of Nisarg Appliances on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Nisarg Appliances is 27AAFCN7239L1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nisarg Appliances is U74999MH2017PTC297995. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nisarg Appliances has 33 court cases on record: 33 filed against it. 27 are pending. Most are in the district courts.
Nisarg Appliances was incorporated on 28 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Nisarg Appliances has 1 deal on record (1 funding round), with disclosed funding of ₹39.3 Lakh; the latest was in March 2022.
Anand Narayan Gaikwad ceased to be Director on 01 Oct 2023. Savita Madan Gosavi ceased to be Director on 01 Oct 2023. Savita Madan Gosavi was appointed as Director on 17 Jan 2022. Nisarg Appliances has 6 board changes on record in total.
Yes, Nisarg Appliances is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0042082).

