About Nidhi Granites Limited
Originally Incorporated in the year 1981, the company have been taken over in the year 2021 and is now under dynamic leadership of
Non Ex Chairman Mr. Devan Narendra Pandya and Managing Director Mr. Darpan Deepak Shah.
Nidhi Granites Limited is a diversified business group with interests across Building Materials, Paper & Paperboard, and Financial Technology, operating through its subsidiaries and strategic business platforms. The Group's portfolio is focused on scalable businesses that address critical needs across infrastructure, industrial packaging, and digital payments, while creating long-term stakeholder value.
The Building Materials business operates a technology-enabled procurement and supply chain serving India's construction and infrastructure sectors. It streamlines the sourcing, procurement, and delivery of bulk construction materials by connecting large real estate developers, infrastructure companies, and institutional customers directly with manufacturers and suppliers, driving efficiency, transparency, and cost optimization across the value chain.
Through its subsidiaries, the Group is engaged in the manufacturing and trading of paper and paperboard products, including corrugated boxes, mono cartons, folding cartons, displays, and specialized packaging solutions. Operating from an ISO 9001:2015 certified manufacturing facility, the business serves a diversified customer base across domestic and export markets, with a focus on quality, reliability, and operational excellence.
The Group's Financial Technology business, led by Paynov8 Private Limited, provides enterprise-grade digital payment infrastructure and collection management solutions. Its unified technology platform enables businesses to automate recurring and one-time collections across multiple payment channels, offering end-to-end capabilities including mandate management, collections processing, transaction monitoring, reconciliation, reporting, API-based integrations, and bill payment services. The platform is designed to enhance collection efficiency, improve cash flow visibility, reduce operational complexity, and support large-scale digital payment operations.
With a strategic focus on operational excellence, technology-led innovation, and disciplined capital allocation, Nidhi Granites Limited continues to build and scale businesses that are positioned to capitalize on long-term growth opportunities across its chosen sectors.