Nitika Synthetics Private Limited
About Nitika Synthetics Private Limited
Data last updated:
Nitika Synthetics Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 07 January 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ1997PTC031453. Its GSTIN is 24AAACN7917L1Z8 (Gujarat).
The company has an authorised share capital of ₹97 Lakh and a paid-up capital of ₹94.65 Lakh. It is led by directors including Gulab Chand Bardia and Ajay Bardia.
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 250/11 G I D C Pandesara Industrial Area/ Estate Pandesara, Surat, Gujarat, India – 394221.
As per the financials filed for FY 2023, the company reported a revenue of ₹17.02 Lakh, a decline of 66% compared to the previous year. For the same year it recorded a net loss of ₹1.24 Lakh (net margin -7.3%) and EBITDA of ₹6.32 Lakh (EBITDA margin 37.1%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 47% over five years.
As per MCA filings, the company has open charges of ₹10 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Nitika Synthetics Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address250/11 G I D C Pandesara Industrial Area/ Estate Pandesara, Surat, Gujarat, India – 394221
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Nitika Synthetics 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 Nitika Synthetics is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Nitika Synthetics Private Limited, buy the company report.
Financials of Nitika Synthetics Private Limited
FY 2025 filings availableNitika Synthetics Private Limited reported revenue of ₹17.02 Lakh (down 66% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 47% over five years, including a 66% fall in the latest year. EBITDA rose 281% 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 | ₹6.32 Lakh | ||||
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| Net Profit (PAT) | -₹1.24 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 | 37.1% | ||||
| Net Profit Margin | -7.3% | ||||
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To see the full financial statements and ratios of Nitika Synthetics Private Limited, buy the company report.
Board of directors of Nitika Synthetics Private Limited
Nitika Synthetics has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gulab Chand Bardia Also directs: GCB Synthetic Private Limited | Director | 07 Jan 1997 | 29 Years 10 Months | Current |
| Ajay Bardia Also directs: GCB Synthetic Private Limited | Director | 07 Jan 1997 | 29 Years 10 Months | Current |
| Anil Bardia | Director | 07 Jan 1997 | 29 Years 10 Months | Current |
| Prakash Gulabchand Bardia | Director | 07 Jan 1997 | 29 Years 10 Months | Current |
Peer comparison
Nitika Synthetics Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Colortex Clothing Private Limited | ₹17.08 Lakh (FY 2022) | -29.0% | Guduvanchery, Tamil Nadu, India | |||
| Goldensun Textiles Private Limited | ₹17.06 Lakh (FY 2016) | -78.0% | Surat, Gujarat, India | |||
| Nitika Synthetics Private Limitedthis company | ₹17.02 Lakh (FY 2023) | -₹1.24 Lakh | -7.3% | -66.0% | Surat, Gujarat, India | |
| Jagnath Cotton Ginning and Pressing Private Limited | ₹17.01 Lakh (FY 2018) | 991.0% | Targhadi, Gujarat, India | |||
| Mysaspaces Private Limited | ₹16.96 Lakh (FY 2025) | 33.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Nitika Synthetics Private Limited, buy the company report.
Auditor
Nitika Synthetics Private Limited is audited by C P JARIA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C P JARIA & CO | FY 2021 | 104058W |
Shareholding
The shareholding of Nitika Synthetics Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Nitika Synthetics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jul 2000 | 90104985 | Prime Co-Op Bank Ltd. | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Nitika Synthetics Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nitika Synthetics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nitika Synthetics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACN7917L1Z8 | Gujarat | Active | 27 Jun 2017 |
To see the full GST registrations and return filing status of Nitika Synthetics Private Limited, buy the company report.
Recent activity
Nitika Synthetics Private Limited has 4 board changes on record since 1997: 4 appointments. The latest: Ajay Bardia was appointed as Director on 07 Jan 1997.
Frequently asked questions
Nitika Synthetics is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 07 January 1997 (29+ years old) and is registered under CIN U17119GJ1997PTC031453.
Nitika Synthetics has 4 current directors:
- Gulab Chand Bardia - Director
- Ajay Bardia - Director
- Anil Bardia - Director
- Prakash Gulabchand Bardia - Director
The latest financial statements of Nitika Synthetics 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 Nitika Synthetics is 24AAACN7917L1Z8, registered in Gujarat.
The CIN (Corporate Identification Number) of Nitika Synthetics is U17119GJ1997PTC031453. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nitika Synthetics was incorporated on 07 January 1997, making it 29+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Nitika Synthetics by revenue are Colortex Clothing Private Limited, Goldensun Textiles Private Limited, Jagnath Cotton Ginning and Pressing Private Limited, Mysaspaces Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Ajay Bardia was appointed as Director on 07 Jan 1997. Anil Bardia was appointed as Director on 07 Jan 1997. Gulab Chand Bardia was appointed as Director on 07 Jan 1997. Nitika Synthetics has 4 board changes on record in total.
The registered office of Nitika Synthetics is at 25011 G I D C Pandesara Industrial Area Estate Pandesara, Surat, Gujarat, India – 394221.
Nitika Synthetics operates in the manufacturing industry, in the textile and fabric production segment.
Nitika Synthetics has open charges of ₹10 Lakh and no satisfied charges on record as per latest MCA filings.
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