MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-10-0004694
Nivia Synthetics Pvt Ltd - consumer goods in Jalandhar, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹108.29 Cr
Latest filing
Net profit · FY 2025
₹5.03 Cr
Net margin 4.6%
EBITDA · FY 2025
₹11.61 Cr
EBITDA margin 10.7%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹80 Lakh
Issued & subscribed
Open charges
₹34.99 Cr
Satisfied ₹28.39 Cr
Company age
34 yrs
Est. 1992
Employees · EPFO
1,053
Provident fund records
About Nivia Synthetics Pvt Ltd
Data last updated:
Nivia Synthetics Pvt Ltd is a private limited company based in Jalandhar, Punjab, India. It operates in the sports equipment manufacturing segment of the consumer goods sector. It was incorporated on 27 July 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U19201PB1992PTC012501. Its GSTIN is 03AAACN6120D1Z8 (Punjab).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹80 Lakh. It is led by directors including Rajesh Kharabanda (Managing Director) and Dhruv Kharabanda.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B 5 Sports Goods Complexkapurthala Road Jalandhar, Punjab, India – 144004.
As per the financials filed for FY 2025, the company reported a revenue of ₹108.29 Cr. For the same year it recorded a net profit of ₹5.03 Cr (net margin 4.6%) and EBITDA of ₹11.61 Cr (EBITDA margin 10.7%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 12% over five years.
The company has about 1,053 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Nivia Sports. As per MCA filings, the company has open charges of ₹34.99 Cr and satisfied charges of ₹28.39 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in August 2017. Its 6 peer companies in the Consumer Products industry (Sports Equipment Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 3 larger and 3 smaller; the largest is Jerai Fitness Limited with revenue of ₹134.74 Cr. The company has 10 MSME Form 1 returns on record between 2019 and 2023, listing 1,158 overdue payments to 56 micro and small suppliers.
Nivia Synthetics Pvt Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-10-0004694). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website niviasports.com.
Company details
CIN U19201PB1992PTC012501
Registration Number 012501
Incorporation Date 27 July 1992
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-PB-10-0004694
Recognitions & Rankings of Nivia Synthetics
Contact details
Nivia Synthetics Pvt Ltd's registered office is in Jalandhar, Punjab. Its website is niviasports.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB 5 Sports Goods Complexkapurthala Road Jalandhar, Punjab, India – 144004
- IndustryConsumer Goods, Sports Equipment Manufacturing
To see the full contact details of Nivia Synthetics Pvt Ltd, buy the company report.
Comprehensive company report
Nivia Synthetics Pvt Ltd - 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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Brands
Nivia Synthetics operates one associated brand: Nivia Sports. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides online retail of sports gear, footwear, and accessories for consumers. | niviasports.com |
Business activity
The main business activity of Nivia Synthetics is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Nivia Synthetics Pvt Ltd, buy the company report.
Financials of Nivia Synthetics Pvt Ltd
FY 2025 filings availableNivia Synthetics Pvt Ltd reported revenue of ₹108.29 Cr for FY 2025.
Revenue · FY 2025
₹108.29 Cr
Net profit · FY 2025
₹5.03 Cr margin 4.6%
EBITDA · FY 2025
₹11.61 Cr margin 10.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 8%
5 years · compounded
▲ 12%
EBITDA CAGR growth
3 years · compounded
▼ 6%
5 years · compounded
▼ 1%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years. 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹108.29 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹11.61 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.03 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.7% | ||||
| Net Profit Margin | 4.6% | ||||
| 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 Nivia Synthetics Pvt Ltd, buy the company report.
Board of directors of Nivia Synthetics Pvt Ltd
Nivia Synthetics has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhruv Kharabanda Also directs: Freewill Sports Private Limited, D & O Ventures Private Limited | Director | 01 May 2017 | 9 Years 5 Months | Current |
| Prince Kalia | Director | 26 Jul 2019 | 7 Years 3 Months | Current |
| Rajesh Kharabanda Also directs: Awfis Space Solutions Limited, Jayatma Technologies Private Limited, Shoe Variants Private Limited and 5 more | Managing Director | 27 Jul 1992 | 34 Years 2 Months | Current |
| Sushil Kharabanda | Director | 27 Jul 1992 | 34 Years 2 Months | Current |
Peer comparison
Nivia Synthetics Pvt Ltd is compared with the 6 companies closest to it by revenue in the Consumer Products industry (Sports Equipment Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jerai Fitness Limited | ₹134.74 Cr (FY 2025) | 22.0% | Mumbai, Maharashtra, India | |||
| Titli Golds Limited | ₹124.43 Cr (FY 2024) | 161.0% | Mumbai, Maharashtra, India | |||
| Sporting Syndicate International Private Limited | ₹122.95 Cr (FY 2025) | 4.0% | Jalandhar, Punjab, India | |||
| Nivia Synthetics Pvt Ltdthis company | ₹108.29 Cr (FY 2025) | ₹5.03 Cr | 4.6% | 1,053 | Jalandhar, Punjab, India | |
| F. C. Sondhi & Co. (India) Private Limited | ₹84.2 Cr (FY 2025) | 30.0% | Jallandhar, Punjab, India | |||
| Natspo Industries Private Limited | ₹83.29 Cr (FY 2025) | 56.0% | Meerut, Uttar Pradesh, India | |||
| Woodbridge Foam Private Limited | ₹78.63 Cr (FY 2025) | 2.0% | Delhi, India |
To see the full peer comparison of Nivia Synthetics Pvt Ltd, buy the company report.
Auditor
Nivia Synthetics Pvt Ltd is audited by KHARABANDA A S & ASSOCIATES LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KHARABANDA A S & ASSOCIATES LLP | FY 2025 | N500429 |
Shareholding
The shareholding of Nivia Synthetics Pvt Ltd is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nivia Synthetics Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹34.99 Cr
Satisfied charges
₹28.39 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Sep 2025 | 101161322 | Others | ₹3.58 Cr | Open | |
| 19 Jul 2024 | 100955817 | Others | ₹2.4 Cr | Open | |
| 05 Jul 2023 | 100753498 | Others | ₹2.4 Cr | Open | |
| 24 Mar 2022 | 100561851 | Others | ₹1.6 Cr | Open | |
| 24 Mar 2022 | 100561852 | Others | ₹2.4 Cr | Open |
To see the full charge records of Nivia Synthetics Pvt Ltd, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Nivia Synthetics Pvt Ltd has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in August 2017.
Total deals
4
Secondary share transfers
3
Rights issue
1
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Freewill Sports Private Limited |
| Mar 2016 | Rights issue | ₹7 Lakh | Investors: an individual |
| Jun 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nivia Synthetics Pvt Ltd has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jalandhar, Punjab | Appeal | Filed against the company by an individual | Pending |
To see the full case history of Nivia Synthetics Pvt Ltd, 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
Nivia Synthetics Pvt Ltd was last rated by Care on 07 Jan 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 07 Jan 2022 |
To see the full credit ratings and regulatory alerts of Nivia Synthetics Pvt Ltd, buy the company report.
MSME payment delays
Nivia Synthetics Pvt Ltd has 10 MSME Form 1 returns on record between 2019 and 2023, listing 1,158 overdue payments to 56 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 56)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Thakar Dass & Co. | |||
| an individual supplier | |||
| Paradise Rubber I Ndustries{Jal} | |||
| an individual supplier | |||
| Rubberwing (Jalandhar) |
To see the full MSME payment records of Nivia Synthetics Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Nivia Synthetics Pvt Ltd has a workforce of 1,053 employees on its EPFO records as of Sep 24, 2025, across 1 active EPFO establishment.
Employee count
1,053
Active EPFO establishments
1
Employee growth
24.62%
GST
Nivia Synthetics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACN6120D1Z8 | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nivia Synthetics Pvt Ltd, buy the company report.
Recent activity
Nivia Synthetics Pvt Ltd has 5 board changes on record since 1992: 4 appointments and 1 cessation. The latest: Prince Kalia was appointed as Director on 26 Jul 2019.
Charges
A charge with Others of Rs. 20.00 Cr registered on 27 Nov 1997 with Charge ID 80046569 was modified on 31 Mar 2026.
AGM
Nivia Synthetics Pvt Ltd last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 3.58 Cr with Charge ID 101161322 was registered on 19 Sep 2025.
Charges
A charge registered on 24 Apr 2019 via Charge ID 100257471 with Others was fully satisfied on 10 Apr 2025.
Charges
A charge registered on 16 Sep 2017 via Charge ID 100123624 with Others was fully satisfied on 10 Apr 2025.
Filing
Nivia Synthetics Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Others amounted to Rs. 2.40 Cr with Charge ID 100955817 was registered on 19 Jul 2024.
Charges
A charge with Others amounted to Rs. 2.40 Cr with Charge ID 100753498 was registered on 05 Jul 2023.
Charges
A charge with Others amounted to Rs. 1.60 Cr with Charge ID 100561851 was registered on 24 Mar 2022.
Charges
A charge with Others amounted to Rs. 2.40 Cr with Charge ID 100561852 was registered on 24 Mar 2022.
Charges
A charge with Others amounted to Rs. 1.05 Cr with Charge ID 100445941 was registered on 24 Mar 2021.
Charges
A charge with Others amounted to Rs. 1.56 Cr with Charge ID 100361840 was registered on 05 Aug 2020.
21 earlier events are in the company report.
News
Frequently asked questions
Nivia Synthetics is an active private limited company based in Jalandhar, Punjab, India. The company works in sports equipment manufacturing, within the consumer goods industry. It was incorporated on 27 July 1992 (34+ years old) and is registered under CIN U19201PB1992PTC012501.
Nivia Synthetics has 4 current directors:
- Rajesh Kharabanda - Managing Director
- Dhruv Kharabanda - Director
- Prince Kalia - Director
- Sushil Kharabanda - Director
The latest financial statements of Nivia Synthetics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nivia Synthetics is 03AAACN6120D1Z8, registered in Punjab.
The CIN (Corporate Identification Number) of Nivia Synthetics is U19201PB1992PTC012501. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nivia Synthetics has 1 court case on record: 1 filed against it. 1 is pending.
Nivia Synthetics was incorporated on 27 July 1992, making it 34+ years old. It is registered with the Registrar of Companies, Chandigarh.
Nivia Synthetics has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in August 2017.
The peers of Nivia Synthetics by revenue are Jerai Fitness Limited, Titli Golds Limited, Sporting Syndicate International Private Limited, F. C. Sondhi & Co. (India) Private Limited, Natspo Industries Private Limited and 1 more, all in the Consumer Products industry (Sports Equipment Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Prince Kalia was appointed as Director on 26 Jul 2019. Vijay Kumar Kharbanda ceased to be Managing Director on 18 Jun 2017. Dhruv Kharabanda was appointed as Director on 01 May 2017. Nivia Synthetics has 5 board changes on record in total.
Yes, Nivia Synthetics is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-10-0004694).
Nivia Synthetics has 10 MSME Form 1 returns on record between 2019 and 2023, listing 1,158 overdue payments to 56 micro and small suppliers. The latest return was filed on 01 Dec 2023.