- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0065130

About Nivas Chocolate Private Limited
Data last updated:
Nivas Chocolate Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the bakery and confectionery products segment of the food and beverages sector. It was incorporated on 11 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15549MH2018PTC309295. Its GSTIN is 27AAGCN0638N1Z4 (Maharashtra).
The company has an authorised share capital of ₹11 Lakh and a paid-up capital of ₹11 Lakh. It is led by directors Hitesh Subhash Shah and Ami Hitesh 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 205 Sheetal Enclave Premises Co.Op.Soc Ltd. Chs No.1406/A/25/8 Chincholi Bunder, Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.57 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹31.61 Lakh (net margin -106.9%) and EBITDA of -₹23.58 Lakh (EBITDA margin -79.7%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 25% over five years.
The company is associated with 1 brand: Deseo.
Nivas Chocolate Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0065130). For more details, the company can be reached via its website nivaschocolate.com.
Company details
Recognitions & Rankings of Nivas Chocolate
Contact details
Nivas Chocolate Private Limited's registered office is in Mumbai, Maharashtra. Its website is nivaschocolate.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address205 Sheetal Enclave Premises Co.Op.Soc Ltd. Chs No.1406/A/25/8 Chincholi Bunder, Mumbai, Maharashtra, India – 400064
- IndustryFood and Beverages, Bakery & Confectionery Products
To see the full contact details of Nivas Chocolate 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
Nivas Chocolate operates one associated brand: Deseo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Chocolate production and custom gift services in Mumbai. | nivaschocolate.com |
Business activity
The main business activity of Nivas Chocolate is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Nivas Chocolate Private Limited, buy the company report.
Financials of Nivas Chocolate Private Limited
FY 2025 filings availableNivas Chocolate Private Limited reported revenue of ₹29.57 Lakh (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 25%. EBITDA fell 441% 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 | -₹23.58 Lakh | ||||
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| Net Profit (PAT) | -₹31.61 Lakh | ||||
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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 | -79.7% | ||||
| Net Profit Margin | -106.9% | ||||
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To see the full financial statements and ratios of Nivas Chocolate Private Limited, buy the company report.
Board of directors of Nivas Chocolate Private Limited
Nivas Chocolate has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hitesh Subhash Shah | Director | 11 May 2018 | 8 Years 5 Months | Current |
| Ami Hitesh Shah | Director | 11 May 2018 | 8 Years 5 Months | Current |
Peer comparison
Nivas Chocolate Private Limited is compared with the 3 companies closest to it by revenue in the Food and Beverages industry (Confectionery and Bakery Products), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nivas Chocolate Private Limitedthis company | ₹29.57 Lakh (FY 2025) | -₹31.61 Lakh | -106.9% | -6.0% | Mumbai, Maharashtra, India | |
| Blue Ingredients Private Limited | ₹28.99 Lakh (FY 2019) | Gurugram, Haryana, India | ||||
| Qualfis Global Private Limited | ₹28.55 Lakh (FY 2025) | -37.0% | Erode, Tamil Nadu, India | |||
| Box My Wish Private Limited | ₹27.98 Lakh (FY 2020) | -58.0% | New Delhi, Delhi, India |
To see the full peer comparison of Nivas Chocolate Private Limited, buy the company report.
Auditor
Nivas Chocolate Private Limited is audited by BANSAL GOURAV & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BANSAL GOURAV & ASSOCIATES | FY 2022 | 155908W |
Shareholding
The shareholding of Nivas Chocolate Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Nivas Chocolate Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nivas Chocolate 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 Nivas Chocolate Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nivas Chocolate has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCN0638N1Z4 | Maharashtra | Active | 16 Aug 2018 |
To see the full GST registrations and return filing status of Nivas Chocolate Private Limited, buy the company report.
Recent activity
Nivas Chocolate Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Ami Hitesh Shah was appointed as Director on 11 May 2018.
Frequently asked questions
Nivas Chocolate is an active private limited company based in Mumbai, Maharashtra, India. The company works in bakery and confectionery products, within the food and beverages industry. It was incorporated on 11 May 2018 (8+ years old) and is registered under CIN U15549MH2018PTC309295.
Nivas Chocolate has 2 current directors:
- Hitesh Subhash Shah - Director
- Ami Hitesh Shah - Director
The latest financial statements of Nivas Chocolate 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 FY 2019 are in the company report.
The GSTIN of Nivas Chocolate is 27AAGCN0638N1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nivas Chocolate is U15549MH2018PTC309295. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nivas Chocolate was incorporated on 11 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Nivas Chocolate by revenue are Blue Ingredients Private Limited, Qualfis Global Private Limited, Box My Wish Private Limited, all in the Food and Beverages industry (Confectionery and Bakery Products), with the same principal business activity (food, beverages and tobacco products).
Ami Hitesh Shah was appointed as Director on 11 May 2018. Hitesh Subhash Shah was appointed as Director on 11 May 2018.
Yes, Nivas Chocolate is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0065130).
Nivas Chocolate can be reached through the website nivaschocolate.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Nivas Chocolate is at 205 Sheetal Enclave Premises Co.Op.Soc Ltd. Chs No.1406A258 Chincholi Bunder, Mumbai, Maharashtra, India – 400064.

