About Nidhi Granites Ltd 
Nidhi Granites Ltd
Micro Cap
Mining & Minerals
Nidhi Granites Limited, established in 1981, is engaged in dealing or trading in shares, securities, and other investments in India. Initially, the Company was engaged in the granite blocks and tiles business. The Company was promoted by Manmal Thard, Rajkumar Thard, Pushpa R Thard, Nidhi. Company incorporated subsidiary Company- SPNP Paper and Pack Private Limited on 10th March, 2021. In 2022-23, Company acquired 100% Equity Shares i.e. 10,000 Equity Shares of Face Value Rs.
Company Coordinates 
Company Details
9 Popat Bapa Shopping Centre, 2nd Flr Station Rd Santacruz-W Mumbai Maharashtra : 400054
Registrar Details
Mondkar Computers Pvt Ltd , 21 Shakil Niwas , Opp. Satya Saibaba Temple, Mahakali Caves Road, Andheri (E), Mumbai
Capital Structure 
Present Equity Capital
INR 8.00 Cr
Number of Shares
8 Cr
Face Value
INR 10.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
02-May-2024
8
8.00
4000000
10
Bonus Issue
14-Aug-2023
4
4.00
1347805
10
Conversion of Warrants
28-Mar-2023
26.52
2.65
878862
10
Issued under ESOP Scheme
17-Dec-2022
17.73
1.77
1023333
10
Conversion of Warrants
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Promoters
Pledged Promoter Holdings
None
Mutual Funds
Held by 0 Schemes
FIIs
Held by 0 FIIs
Promoter with highest holding
Darpan Deepak Shah (33.51%)
Highest Public shareholder
Nayana Balubhai Bhatt (13.53%)
Individual Investors Holdings
31.29%
Management
Designation
Remuneration
Devan Pandya
Chairman & Director
0
Darpan Deepak Shah
Managing Director
0
Shreya Pandya
Director
0
Amit Sinkar
Independent Director
0
Amit Patankar
Independent Director
0
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
Purchase of shares
0.2822
0%
Purchase of shares
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Shares
0.02
100.00%
Shares
Revenue and Profits:
Net Sales:
13 Cr
(Quarterly Results - Dec 2024)
Net Profit:
1 Cr
Mining & Minerals
INR 114 Cr (Micro Cap)
39.00
7
0.00%
0.08
16.14%
7.68