Nichi-In Software Solutions Private Limited

Provides software development, migration, modernization, product development, and testing services for clients.

1997 | Bangalore, Karnataka (India) | Active
Last Updated: July 17, 2024

Nichi-In Software Solutions Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.94 Cr
  • Company Age 27 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.29 Cr
  • Satisfied Charges ₹ 1.50 Cr
  • Revenue Growth 7.24%
  • Profit Growth 121.99%
  • Ebitda 359.21%
  • Net Worth 27.07%
  • Total Assets 11.16%

About Nichi-In Software Solutions

Nichi-In Software Solutions Private Limited (NSSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 November 1997 and has a history of 27 years and three months. Its registered office is in Bangalore, Karnataka, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 2.94 Cr.

The company currently has active open charges totaling ₹4.29 Cr. The company has closed loans amounting to ₹1.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shankara Giri and Takatsugu Nagahara serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    nichi.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200KA1997PTC023008

  • Company No.

    023008

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Nov 1997

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Nichi-In Software Solutions Private Limited offer?

Nichi-In Software Solutions Private Limited offers a wide range of products and services, including IT, Networking & Automation Solution, IT Solutions, Application Development Service, Cloud Application Development, Mobile Application Development.

Who are the key members and board of directors at Nichi-In Software Solutions?

Executive Team (1)

Name Designation Appointment Date Status
Shankara Giri Country flag representing In Managing Director 14-Nov-1997 Current

Board Members (1)

Name Designation Appointment Date Status
Takatsugu Nagahara Country flag representing Jp Director 09-Mar-1998 Current

Financial Performance of Nichi-In Software Solutions.

Nichi-In Software Solutions Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.24% increase. The company also saw a substantial improvement in profitability, with a 121.99% increase in profit. The company's net worth Soared by an impressive increase of 27.07%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
7.24%
Revenue from Operations
8.43%
Total Assets
11.16%
Profit or Loss
121.99%
Net Worth
27.07%
EBITDA
359.21%

What is the Ownership and Shareholding Structure of Nichi-In Software Solutions?

In 2023, Nichi-In Software Solutions had a promoter holding of 93.68% and a public holding of 6.32%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.29 Cr

Satisfied Charges

₹1.50 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 4.29 Cr

Latest Charge Details

Date Lender Amount Status
07 Oct 2015 Hdfc Bank Limited ₹4.29 Cr Open
11 Nov 2011 Canara Bank ₹1.50 Cr Satisfied

How Many Employees Work at Nichi-In Software Solutions?

Nichi-In Software Solutions has a workforce of 156 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nichi-In Software Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Nichi-In Software Solutions's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Nichi-In Software Solutions

Recent activity within the organization

  • Annual General Meeting

    Nichi-In Software Solutions Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Nichi-In Software Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 4.29 Cr registered on 07 Oct 2015 with Charge ID 10599426 was modified on 04 Jul 2022.

    04 Jul 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 4.29 Cr with Charge ID 10599426 was registered on 07 Oct 2015.

    07 Oct 2015

  • Charges

    A charge registered on 11 Nov 2011 via Charge ID 10325099 with Canara Bank was fully satisfied on 30 Sep 2015.

    30 Sep 2015

  • Charges

    A charge with Canara Bank of Rs. 1.50 Cr registered on 11 Nov 2011 with Charge ID 10325099 was modified on 30 Jul 2015.

    30 Jul 2015

Frequently asked questions

  • Nichi-In Software Solutions Private Limited was incorporated on 13 Nov 1997.

  • The authorized share capital of Nichi-In Software Solutions Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.94 Cr.

  • Currently 2 directors are associated with Nichi-In Software Solutions Private Limited.

    • Shankara Narayana Giri
    • Takatsugu Nagahara
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nichi-In Software Solutions Private Limited is # 813 100 Feet Ring Road Banashankari Iii Stage Hosakerehalli, Bangalore, Karnataka, India, 560085.

  • The corporate identification number (CIN) of Nichi-In Software Solutions Private Limited is U72200KA1997PTC023008 and the company number is 023008 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nichi-In Software Solutions Private Limited is https://www.nichi.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nichi-In Software Solutions Private Limited has risen by 7.24%.

  • As Per 2023 financial reports, 156 employees are currently employed by Nichi-In Software Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nichi-In Software Solutions Private Limited has experienced an upsurge of 27.07%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nichi-In Software Solutions Private Limited amount to ₹ 4.29 Cr.

  • The most recent Balance Sheet for Nichi-In Software Solutions Private Limited was filed with the ROC on 31 Mar 2023.

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