Niyaman Electronics Private Limited
About Niyaman Electronics Private Limited
Data last updated:
Niyaman Electronics Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the general purpose and special purpose machinery and equipment segment of the electrical equipment sector. It was incorporated on 30 March 1989.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U31100MH1989PTC051195. Its GSTIN is 27AABCN1613L1ZK (Maharashtra).
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹75,000. It was led by directors including Sheela Vilas Chitnis and Umesh Dhundiraj Marathe.
Its last annual general meeting (AGM) was held on 06 May 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office was at 201 Prarambha Society Offbhavani Shankar Road Dadar, Mumbai, Maharashtra, India – 400028.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.68 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹1.59 Lakh (net margin 59.1%) and EBITDA of ₹1.71 Lakh (EBITDA margin 63.8%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 37% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹22.97 Lakh on record. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it.
Company details
Contact details
Niyaman Electronics Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address201 Prarambha Society Offbhavani Shankar Road Dadar, Mumbai, Maharashtra, India – 400028
- IndustryElectrical, General Purpose And Special Purpose Machinery & Equipment, Electrical Equipment, Transport Equipment
To see the full contact details of Niyaman Electronics 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 Niyaman Electronics is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
Financials of Niyaman Electronics Private Limited
FY 2025 filings availableNiyaman Electronics Private Limited reported revenue of ₹2.68 Lakh (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 4% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 37%. EBITDA rose 2% 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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| Total Expenses | |||||
| EBITDA | ₹1.71 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.59 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 63.8% | ||||
| Net Profit Margin | 59.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Niyaman Electronics Private Limited, buy the company report.
Board of directors of Niyaman Electronics Private Limited
Niyaman Electronics has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sheela Vilas Chitnis | Director | 30 Mar 1989 | 37 Years 6 Months | As last reported |
| Umesh Dhundiraj Marathe Also directs: Radio Electric Private Limited | Director | 05 Mar 2024 | 2 Years 7 Months | As last reported |
| Sanjivani Umesh Marathe Also directs: Niyaman Electronics LLP, Radio Electric Private Limited | Director | 30 Mar 1989 | 37 Years 6 Months | As last reported |
Peer comparison
Niyaman Electronics Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| CCS - Elux Lighting Engineering Private Limited | ₹2.72 Lakh (FY 2020) | 2.0% | Thiruvananthapuram, Kerala, India | |||
| Hindonics Technologies Private Limited | ₹2.71 Lakh (FY 2024) | -85.0% | Uttar Pradesh, India | |||
| Sumiyo Technology India Private Limited | ₹2.71 Lakh (FY 2024) | Rewari, Haryana, India | ||||
| Hi-Tek Control Elements Private Limited | ₹2.69 Lakh (FY 2025) | -50.0% | 5Th Avenue, Annanagar, Madras, Tamil Nadu, India | |||
| Airblaze Electric Appliances Private Limited | ₹2.68 Lakh (FY 2023) | -50.0% | Pune, Maharashtra, India | |||
| Niyaman Electronics Private Limitedthis company | ₹2.68 Lakh (FY 2025) | ₹1.59 Lakh | 59.1% | 4.0% | 1 | Mumbai, Maharashtra, India |
| Greensworth Power Private Limited | ₹2.68 Lakh (FY 2023) | Aurangabad, Maharashtra, India | ||||
| RND Power Engineers Private Limited | ₹2.68 Lakh (FY 2025) | -99.0% | Villupuram, Tamil Nadu, India | |||
| Phadke Technologies Private Limited | ₹2.68 Lakh (FY 2024) | 271.0% | Mumbai, Maharashtra, India | |||
| Regird Private Limited | ₹2.68 Lakh (FY 2025) | -34.0% | Aurangabad, Maharashtra, India | |||
| Mohindra Transformers Private Limited | ₹2.67 Lakh (FY 2021) | -78.0% | Bhiwadi, Rajasthan, India |
To see the full peer comparison of Niyaman Electronics Private Limited, buy the company report.
Auditor
Niyaman Electronics Private Limited is audited by RAVI SETH & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVI SETH & CO | FY 2017 | 108757W |
Shareholding
The shareholding of Niyaman Electronics Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Niyaman Electronics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Apr 2016 | 100024489 | Others | ₹10 Lakh | Satisfied | |
| 08 Jun 1992 | 90212276 | Bank of Maharashtra | ₹1.5 Lakh | Satisfied | |
| 13 Apr 1992 | 90212264 | Bank of Maharashtra | ₹3.07 Lakh | Satisfied | |
| 12 Oct 1989 | 90211353 | Bank of Maharashtra | ₹50,000 | Satisfied | |
| 12 Oct 1989 | 90211988 | Bank of Maharashtra | ₹3.95 Lakh | Satisfied |
To see the full charge records of Niyaman Electronics Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Niyaman Electronics Private Limited has 7 court cases on record: 4 filed by Niyaman Electronics, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 1 | 0 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against M/S. Serwel Electronics Pvt. Ltd. and 2 others | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by The Nsic Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against an individual | Disposed |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against an individual | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by The National Small Industries | Disposed |
To see the full case history of Niyaman Electronics 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 Niyaman Electronics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Niyaman Electronics Private Limited has a workforce of 1 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Niyaman Electronics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCN1613L1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Niyaman Electronics Private Limited, buy the company report.
Recent activity
Niyaman Electronics Private Limited has 4 board changes on record since 1989: 3 appointments and 1 cessation. The latest: Umesh Dhundiraj Marathe ceased to be Additional Director on 29 Sep 2024.
9 earlier events are in the company report.
Frequently asked questions
Niyaman Electronics has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Niyaman Electronics was a private limited company based in Mumbai, Maharashtra, India. The company worked in general purpose and special purpose machinery and equipment, within the electrical industry. It was incorporated on 30 March 1989 and is registered under CIN U31100MH1989PTC051195. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Niyaman Electronics is U31100MH1989PTC051195. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Niyaman Electronics had 3 directors:
- Sheela Vilas Chitnis - Director
- Umesh Dhundiraj Marathe - Director
- Sanjivani Umesh Marathe - Director
Niyaman Electronics was incorporated on 30 March 1989. It is registered with the Registrar of Companies, Mumbai.
The registered office of Niyaman Electronics is at 201 Prarambha Society Offbhavani Shankar Road Dadar, Mumbai, Maharashtra, India – 400028.
The latest financial statements of Niyaman Electronics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 06 May 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Niyaman Electronics is 27AABCN1613L1ZK, registered in Maharashtra.
Niyaman Electronics operated in the electrical industry, in the general purpose and special purpose machinery and equipment segment.
The peers of Niyaman Electronics by revenue are CCS - Elux Lighting Engineering Private Limited, Hindonics Technologies Private Limited, Sumiyo Technology India Private Limited, Hi-Tek Control Elements Private Limited, Airblaze Electric Appliances Private Limited and 5 more, all in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Niyaman Electronics has 7 court cases on record: 4 filed by the company and 3 filed against it. Most are in the district courts.