MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0029922
Nisiki India Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹93.62 Cr
▲ 14% YoY
Net profit · FY 2023
₹5.71 Cr
Net margin 6.1%
EBITDA · FY 2023
₹10.8 Cr
EBITDA margin 11.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹3.62 Lakh
Issued & subscribed
Open charges
₹24.04 Cr
Satisfied ₹2.15 Cr
Company age
34 yrs
Est. 1992
Employees · EPFO
149
Provident fund records
About Nisiki India Private Limited
Data last updated:
Nisiki India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 26 May 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29130MH1992PTC066926. Its GSTIN is 27AAACN3453D1ZS (Maharashtra). The company holds 8 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3.62 Lakh. It was formerly known as Nisiki Bearings Private Limited. It is led by directors Uma Shrikant Gholba (Whole-Time Director) and Shrikant Mohan Gholba (Whole-Time Director).
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office No. 204 2nd Floor Om Divya Trikamdas Road Kandivali West, Mumbai, Maharashtra, India – 400067.
As per the financials filed for FY 2023, the company reported a revenue of ₹93.62 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹5.71 Cr (net margin 6.1%) and EBITDA of ₹10.8 Cr (EBITDA margin 11.5%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 19% over five years.
The company has about 149 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹24.04 Cr and satisfied charges of ₹2.15 Cr on record. Court records list 6 cases involving the company, including 6 filed against it.
Nisiki India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0029922). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nisiki.net.
Company details
CIN U29130MH1992PTC066926
Registration Number 066926
Incorporation Date 26 May 1992
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0029922
Recognitions & Rankings of Nisiki India
Contact details
Nisiki India Private Limited's registered office is in Mumbai, Maharashtra. Its website is nisiki.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. 204 2nd Floor Om Divya Trikamdas Road Kandivali West, Mumbai, Maharashtra, India – 400067
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of Nisiki India Private Limited, buy the company report.
Comprehensive company report
Nisiki India 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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Business activity
The main business activities of Nisiki India are trade and manufacturing. In detail, this covers wholesale trading and electrical equipment, general purpose and special purpose machinery & equipment, transport equipment. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Nisiki India Private Limited, buy the company report.
Financials of Nisiki India Private Limited
FY 2025 filings availableNisiki India Private Limited reported revenue of ₹93.62 Cr (up 14% YoY) for FY 2023.
Revenue · FY 2023
₹93.62 Cr ▲ 14%
Net profit · FY 2023
₹5.71 Cr margin 6.1%
EBITDA · FY 2023
₹10.8 Cr margin 11.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 28%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 25%
5 years · compounded
▲ 32%
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 14% growth in the latest year. EBITDA rose 6% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹93.62 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.71 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 | 11.5% | ||||
| Net Profit Margin | 6.1% | ||||
| 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 Nisiki India Private Limited, buy the company report.
Board of directors of Nisiki India Private Limited
Nisiki India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Uma Shrikant Gholba | Whole-Time Director | 12 Dec 2005 | 20 Years 11 Months | Current |
| Shrikant Mohan Gholba | Whole-Time Director | 07 Sep 1992 | 34 Years 2 Months | Current |
Peer comparison
Nisiki India Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products 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 |
|---|---|---|---|---|---|---|
| Seimitsu Factory Automation Private Limited | ₹99.17 Cr (FY 2025) | 23.0% | Pune, Maharashtra, India | |||
| Soliel Oilex Private Limited | ₹97.84 Cr (FY 2025) | -7.0% | Kolkata, West Bengal, India | |||
| Nisiki India Private Limitedthis company | ₹93.62 Cr (FY 2023) | ₹5.71 Cr | 6.1% | 14.0% | 149 | Mumbai, Maharashtra, India |
| Miraclon India Private Limited | ₹91.1 Cr (FY 2025) | 25.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Nisiki India Private Limited, buy the company report.
Auditor
Nisiki India Private Limited is audited by S. RAMANAND AIYAR & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. RAMANAND AIYAR & CO. | FY 2023 | 000990N |
Shareholding
The shareholding of Nisiki India 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 Nisiki India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹24.04 Cr
Satisfied charges
₹2.15 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Aug 2007 | 10064180 | Others | ₹24.04 Cr | Open | |
| 02 Feb 2012 | 10344592 | Sbi Global Factors Limited | ₹1 Cr | Satisfied | |
| 18 Oct 2006 | 10135684 | Corporation Bank | ₹50 Lakh | Satisfied | |
| 22 Dec 1999 | 90163956 | Corporation Bank | ₹50 Lakh | Satisfied | |
| 18 Apr 1995 | 90166366 | Canara Bank | ₹15 Lakh | Satisfied |
To see the full charge records of Nisiki India Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Nisiki India Private Limited has 6 court cases on record: 6 filed against it. All cases are disposed.
Total cases
6
Filed against the company
6
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 4 | 0 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by State- Legal Metrology Narpoli Through R V Bandewar | Disposed |
| Bombay High Court | Court case (NMCD) | Filed against the company by KG International Fzco | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by K.G.International Fzco | Disposed |
| Bombay High Court | Court case (COMSS) | Filed against the company by KG International Fzco | Disposed |
| Bombay High Court | Court case (SJ) | Filed against the company by KG International Fzco | Disposed |
To see the full case history of Nisiki India 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
Nisiki India Private Limited was last rated by Icra on 18 Apr 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 18 Apr 2022 |
To see the full credit ratings and regulatory alerts of Nisiki India Private Limited, buy the company report.
MSME payment delays
Nisiki India Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 154 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Rupali Logistics Clearing & Forwarding Private Limited | |||
| Man Logistics (India) Private Limited | |||
| Fame Global Logistics Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Nisiki India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Nisiki India Private Limited has a workforce of 149 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
149
Active EPFO establishments
1
Employee growth
12%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 149 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Nisiki India Private Limited, buy the company report.
GST
Nisiki India has 8 GST registrations: 3 active and 5 cancelled or inactive.
Total GSTINs
8
Active
3
Cancelled / inactive
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN3453D1ZS | Maharashtra | Active | 01 Jul 2017 |
| 33AAACN3453D1ZZ | Tamil Nadu | Active | 01 Jul 2017 |
| 05AAACN3453D1ZY | Uttarakhand | Active | 18 Nov 2019 |
To see the full GST registrations and return filing status of Nisiki India Private Limited, buy the company report.
Recent activity
Nisiki India Private Limited has 5 board changes on record since 1992: 2 appointments and 3 cessations. The latest: Mohammedi Fazle Husain Manasawala ceased to be Director on 07 Apr 2021.
AGM
Nisiki India Private Limited last Annual general meeting of members was held on 15 Sep 2025 as per latest MCA records.
Filing
Nisiki India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others of Rs. 2,404.33 Lakh registered on 02 Aug 2007 with Charge ID 10064180 was modified on 15 Sep 2023.
Charges
A charge registered on 18 Oct 2006 via Charge ID 10135684 with Corporation Bank was fully satisfied on 11 Sep 2023.
Charges
A charge registered on 22 Dec 1999 via Charge ID 90163956 with Corporation Bank was fully satisfied on 11 Sep 2023.
Ceased
Mohammedi Fazle Husain Manasawala ceased to be Director.
Charges
A charge registered on 02 Feb 2012 via Charge ID 10344592 with Sbi Global Factors Limited was fully satisfied on 07 Sep 2020.
Ceased
Sakina Yusufi Manasawala ceased to be Additional Director.
Ceased
Yusuf Fazle Husain Manasawala ceased to be Director.
Charges
A charge with Sbi Global Factors Limited amounted to Rs. 100.00 Lakh with Charge ID 10344592 was registered on 02 Feb 2012.
Charges
A charge registered on 18 Apr 1995 via Charge ID 90166366 with Canara Bank was fully satisfied on 12 May 2008.
Charges
A charge with Others amounted to Rs. 2,404.33 Lakh with Charge ID 10064180 was registered on 02 Aug 2007.
7 earlier events are in the company report.
Frequently asked questions
Nisiki India is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 26 May 1992 (34+ years old) and is registered under CIN U29130MH1992PTC066926.
Nisiki India has 2 current directors:
- Uma Shrikant Gholba - Whole-Time Director
- Shrikant Mohan Gholba - Whole-Time Director
The latest financial statements of Nisiki India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nisiki India is 27AAACN3453D1ZS, registered in Maharashtra. The company has 8 GST registrations in all, of which 3 are active and 5 are cancelled or inactive. Other active GSTINs include 33AAACN3453D1ZZ (Tamil Nadu), 05AAACN3453D1ZY (Uttarakhand).
The CIN (Corporate Identification Number) of Nisiki India is U29130MH1992PTC066926. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nisiki India has 6 court cases on record: 6 filed against it. Most are in the high courts.
Nisiki India was incorporated on 26 May 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Nisiki India by revenue are Seimitsu Factory Automation Private Limited, Soliel Oilex Private Limited, Miraclon India Private Limited, all in the Machinery and Equipment industry (Industrial Products Retail and Distribution), with the same principal business activity (wholesale trading).
Mohammedi Fazle Husain Manasawala ceased to be Director on 07 Apr 2021. Sakina Yusufi Manasawala ceased to be Additional Director on 01 Feb 2020. Yusuf Fazle Husain Manasawala ceased to be Director on 11 Jun 2019. Nisiki India has 5 board changes on record in total.
Yes, Nisiki India is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0029922).
Nisiki India has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 154 overdue payments to 5 micro and small suppliers. The latest return was filed on 21 Jun 2019.
Nisiki India can be reached through the website nisiki.net. Its registered office is in Mumbai, Maharashtra, India.
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