- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0034616

About Nishchem International Private Limited
Data last updated:
Nishchem International Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 21 October 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51101MH2011PTC223389. Its GSTIN is 27AADCN7854P1ZN (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹41.25 Lakh. It is led by directors including Nimesh Bharat Shah and Nishith Bharat Shah.
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 3 Botawala Building First Floor Bank Street Behind Sbi Fort, Mumbai, Maharashtra, India – 400023.
As per the financials filed for FY 2025, the company reported a revenue of ₹250.06 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹14.39 Cr (net margin 5.8%) and EBITDA of ₹21.08 Cr (EBITDA margin 8.4%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 1% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Nishchem. As per MCA filings, the company has open charges of ₹15 Cr and satisfied charges of ₹15.5 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹78.1 Lakh; the latest was in March 2022. Its 6 peer companies in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger and 3 smaller; the largest is Lucky Pharmaceuticals Private Limited with revenue of ₹261.97 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 8 overdue payments to 7 micro and small suppliers.
Nishchem International Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0034616). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nishchem.com.
Company details
Recognitions & Rankings of Nishchem International
Contact details
Nishchem International Private Limited's registered office is in Mumbai, Maharashtra. Its website is nishchem.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address3 Botawala Building First Floor Bank Street Behind Sbi Fort, Mumbai, Maharashtra, India – 400023
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Nishchem International 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
Nishchem International operates one associated brand: Nishchem. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and distributes pharmaceutical APIs and formulations globally with import and export services. | nishchem.com |
Business activity
The main business activity of Nishchem International is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Nishchem International Private Limited, buy the company report.
Financials of Nishchem International Private Limited
FY 2025 filings availableNishchem International Private Limited reported revenue of ₹250.06 Cr (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 7% fall in the latest year. EBITDA rose 19% 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 | ₹21.08 Cr | ||||
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| Net Profit (PAT) | ₹14.39 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 | 8.4% | ||||
| Net Profit Margin | 5.8% | ||||
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To see the full financial statements and ratios of Nishchem International Private Limited, buy the company report.
Board of directors of Nishchem International Private Limited
Nishchem International has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nimesh Bharat Shah | Director | 21 Oct 2011 | 15 Years 0 Months | Current |
| Nishith Bharat Shah Also directs: BNJ Innovations LLP | Director | 21 Oct 2011 | 15 Years 0 Months | Current |
| Kunal Atul Shah | Director | 21 Oct 2011 | 15 Years 0 Months | Current |
Peer comparison
Nishchem International Private Limited is compared with the 6 companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lucky Pharmaceuticals Private Limited | ₹261.97 Cr (FY 2021) | -10.0% | Hyderabad, Telangana, India | |||
| Model Enterprises Private Limited | ₹258.33 Cr (FY 2025) | 27.0% | New Delhi, Delhi, India | |||
| A.S.Pharma Private Limited | ₹255.15 Cr (FY 2025) | 10.0% | New Delhi, Delhi, India | |||
| Nishchem International Private Limitedthis company | ₹250.06 Cr (FY 2025) | ₹14.39 Cr | 5.8% | -7.0% | 14 | Mumbai, Maharashtra, India |
| Millennium Medisolutions Private Limited | ₹248.97 Cr (FY 2025) | 22.0% | Gurugram, Haryana, India | |||
| Nainani Healthcare Private Limited | ₹245.54 Cr (FY 2025) | 11.0% | Kota, Rajasthan, India | |||
| Super Specialities Pharma Warehousing & Logistics Private Limited | ₹241.91 Cr (FY 2025) | 28.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Nishchem International Private Limited, buy the company report.
Auditor
Nishchem International Private Limited is audited by Ashwin K Shah & Co LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ashwin K Shah & Co LLP | FY 2024 | 100724W |
Shareholding
The shareholding of Nishchem International Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nishchem International Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Aug 2021 | 100470605 | Hdfc Bank Limited | ₹15 Cr | Open | |
| 01 Oct 2014 | 10557491 | The Kalupur Commercial Bank Limited | ₹25 Lakh | Satisfied | |
| 27 May 2014 | 10508431 | The Kalupur Commercial Co-Operative Bank Limited | ₹25 Lakh | Satisfied | |
| 27 May 2014 | 10508430 | The Kalupur Commercial Co-Operative Bank Limited | ₹15 Cr | Satisfied |
To see the full charge records of Nishchem International Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Nishchem International Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹78.1 Lakh; the latest was in March 2022.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Oct 2013 | Funding round | ₹68.1 Lakh | Investors: 3 individuals |
| Jul 2012 | Funding round | ₹10 Lakh | Investors: Bharat B. Shah (HUF), Nimesh B. Shah (HUF), Nishith B. Shah (HUF) |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nishchem International Private Limited has 4 court cases on record: 1 filed by Nishchem International, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 3 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Arbitration matter | Filed by the company against Apex Medichem Pvt.Ltd. | Disposed |
| Bombay High Court | Court case (COMIP) | Filed against the company by Novartis Ag and Anr | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Novartis Ag and Anr | Disposed |
| High Court for State of Telangana | Court case (CRLP) | Filed against the company | Disposed |
To see the full case history of Nishchem International 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
Nishchem International Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 8 overdue payments to 7 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 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Windlas Biotech Limited | |||
| Synergene Active Ingredients Private Limited | |||
| Khandelwal Laboratories Pvt. Ltd.. | |||
| Symed Labs Limited | |||
| Shubham Pharmachem Pvt Ltd |
To see the full MSME payment records of Nishchem International Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Nishchem International has 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
Employees & EPFO
Nishchem International Private Limited has a workforce of 14 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Nishchem International has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCN7854P1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nishchem International Private Limited, buy the company report.
Recent activity
Nishchem International Private Limited has 12 board changes on record since 2011: 3 appointments and 9 cessations. The latest: Atul Chandrakant Shah ceased to be Director on 21 May 2022.
12 earlier events are in the company report.
Frequently asked questions
Nishchem International is an active private limited company based in Mumbai, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 21 October 2011 (15+ years old) and is registered under CIN U51101MH2011PTC223389.
Nishchem International has 3 current directors:
- Nimesh Bharat Shah - Director
- Nishith Bharat Shah - Director
- Kunal Atul Shah - Director
The latest financial statements of Nishchem International 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.
The GSTIN of Nishchem International is 27AADCN7854P1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nishchem International is U51101MH2011PTC223389. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nishchem International has 4 court cases on record: 1 filed by the company and 3 filed against it.
Nishchem International was incorporated on 21 October 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Nishchem International has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹78.1 Lakh; the latest was in March 2022.
The peers of Nishchem International by revenue are Lucky Pharmaceuticals Private Limited, Model Enterprises Private Limited, A.S.Pharma Private Limited, Millennium Medisolutions Private Limited, Nainani Healthcare Private Limited and 1 more, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Atul Chandrakant Shah ceased to be Director on 21 May 2022. Chandrakant Shah Mansukhlal ceased to be Director on 16 Nov 2015. Darshan Nimesh Shah ceased to be Additional Director on 30 Sep 2015. Nishchem International has 12 board changes on record in total.
Yes, Nishchem International is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0034616).
Nishchem International has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 8 overdue payments to 7 micro and small suppliers. The latest return was filed on 20 Jun 2019.

