- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0028551

Nived Pharma Private Limited
About Nived Pharma Private Limited
Data last updated:
Nived Pharma Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 27 May 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U33119GJ2021PTC122879. Its GSTIN is 24AAHCN6168Q1ZQ (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Chirag Kantilal Ghodasara and Tejas Ruteshkumar 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 503 Devashay Onyx Parish Nagar Nr. Court Diwalipura, Vadodara, Gujarat, India – 390007.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.98 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹1.43 Lakh (net margin 0.7%) and EBITDA of ₹1.61 Lakh (EBITDA margin 0.8%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years.
Court records list 4 cases involving the company, including 4 filed by the company.
Nived Pharma Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0028551).
Company details
Recognitions & Rankings of Nived Pharma
Contact details
Nived Pharma Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address503 Devashay Onyx Parish Nagar Nr. Court Diwalipura, Vadodara, Gujarat, India – 390007
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Nived Pharma 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 Nived Pharma is manufacturing. In detail, this covers manufacture of food products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 10 | Manufacture of food products |
To see the full business activity and turnover split of Nived Pharma Private Limited, buy the company report.
Financials of Nived Pharma Private Limited
FY 2025 filings availableNived Pharma Private Limited reported revenue of ₹1.98 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 42%. EBITDA fell 4% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹1.61 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.43 Lakh | |||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 0.8% | |||
| Net Profit Margin | 0.7% | |||
| 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 Nived Pharma Private Limited, buy the company report.
Board of directors of Nived Pharma Private Limited
Nived Pharma has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chirag Kantilal Ghodasara Also directs: Valens Formulation LLP, Nived Formulations Private Limited, Nived Exim Private Limited and 1 more | Director | 27 May 2021 | 5 Years 4 Months | Current |
| Tejas Ruteshkumar Shah | Director | 27 May 2021 | 5 Years 4 Months | Current |
Peer comparison
Nived Pharma Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (manufacture of food products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| FFL Agro Private Limited | ₹2.01 Cr (FY 2025) | 4.0% | Nashik, Maharashtra, India | |||
| Excel Electrotechnik Private Limited | ₹2.01 Cr (FY 2023) | 9.0% | Thane, Maharashtra, India | |||
| Farming Wagon Agro Industries Private Limited | ₹2 Cr (FY 2025) | 80062.0% | Roorkee, Uttarakhand, India | |||
| Ate Welding Engineering Robotics and Automation Private Limited | ₹1.99 Cr (FY 2024) | -3.0% | Pune, Maharashtra, India | |||
| Ignighter Engineering Private Limited | ₹1.98 Cr (FY 2025) | 216.0% | Kolkata, West Bengal, India | |||
| Nived Pharma Private Limitedthis company | ₹1.98 Cr (FY 2025) | ₹1.43 Lakh | 0.7% | -9.0% | Vadodara, Gujarat, India | |
| Jusak Foods Private Limited | ₹1.96 Cr (FY 2025) | 188.0% | Vadodara, Gujarat, India | |||
| Cosmos Precision Engineering Private Limited | ₹1.95 Cr (FY 2025) | 53.0% | Mumbai, Maharashtra, India | |||
| Kaito Foods Private Limited | ₹1.95 Cr (FY 2025) | -43.0% | Chennai, Tamil Nadu, India | |||
| Swastik Autofibres Private Limited | ₹1.94 Cr (FY 2025) | 21.0% | Aurangabad, Maharashtra, India | |||
| Aims Feeds Private Limited, | ₹1.94 Cr (FY 2025) | 10.0% | Karnataka, India |
To see the full peer comparison of Nived Pharma Private Limited, buy the company report.
Auditor
Nived Pharma Private Limited is audited by NIDHI PAREKH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIDHI PAREKH & ASSOCIATES | FY 2023 | 163654 |
Shareholding
The shareholding of Nived Pharma Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Nived Pharma Private Limited, buy the company report.
Legal cases
Nived Pharma Private Limited has 4 court cases on record: 4 filed by Nived Pharma. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 0 |
Cases on record (1 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against Ethicare Pharmaticls Pvt .Ltd and 2 others | Disposed |
To see the full case history of Nived Pharma 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 Nived Pharma Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nived Pharma Private Limited has 1 active EPFO establishment as of Apr 09, 2024.
GST
Nived Pharma has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCN6168Q1ZQ | Gujarat | Active | 23 Jul 2021 |
To see the full GST registrations and return filing status of Nived Pharma Private Limited, buy the company report.
Recent activity
Nived Pharma Private Limited has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Nayana Vivek Deshpande ceased to be Director on 28 Sep 2021.
Frequently asked questions
Nived Pharma is an active private limited company based in Vadodara, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 27 May 2021 (5+ years old) and is registered under CIN U33119GJ2021PTC122879.
Nived Pharma has 2 current directors:
- Chirag Kantilal Ghodasara - Director
- Tejas Ruteshkumar Shah - Director
The latest financial statements of Nived Pharma 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 2022 are in the company report.
The GSTIN of Nived Pharma is 24AAHCN6168Q1ZQ, registered in Gujarat.
The CIN (Corporate Identification Number) of Nived Pharma is U33119GJ2021PTC122879. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nived Pharma has 4 court cases on record: 4 filed by the company.
Nived Pharma was incorporated on 27 May 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Nived Pharma by revenue are FFL Agro Private Limited, Excel Electrotechnik Private Limited, Farming Wagon Agro Industries Private Limited, Ate Welding Engineering Robotics and Automation Private Limited, Ignighter Engineering Private Limited and 5 more, all in the same principal business activity (manufacture of food products).
Nayana Vivek Deshpande ceased to be Director on 28 Sep 2021. Chirag Kantilal Ghodasara was appointed as Director on 27 May 2021. Tejas Ruteshkumar Shah was appointed as Director on 27 May 2021.
Yes, Nived Pharma is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0028551).
The registered office of Nived Pharma is at 503 Devashay Onyx Parish Nagar Nr. Court Diwalipura, Vadodara, Gujarat, India – 390007.