Nikad India Business Solutions Private Limited

Provides manpower support, consultancy, and related services for technology, finance, management, and medical fields.

2009 | Bangalore, Karnataka (India) | Active
Last Updated: July 16, 2024

Nikad India Business Solutions Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 6.00 M
  • Company Age 15 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.40 Cr
  • Revenue Growth 10.50%
  • Profit Growth 37.66%
  • Ebitda 28.19%
  • Net Worth -66.41%
  • Total Assets 3.23%

About Nikad India Business Solutions

Nikad India Business Solutions Private Limited (NIBSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 July 2009 and has a history of 15 years and seven months. Its registered office is in Bangalore, Karnataka, India.

The Company is engaged in the Business Services 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 6.00 M and a paid-up capital of Rs 6.00 M.

The company currently has active open charges totaling ₹2.40 Cr.

Nikhita Venugopal, Mani Venugopal, Aditya Venugopal, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74140KA2009PTC050297

  • Company No.

    050297

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Jul 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Business Services
Business Outsourcing

What products or services does Nikad India Business Solutions Private Limited offer?

Nikad India Business Solutions Private Limited offers a wide range of products and services, including Manpower Service, Manpower Solution, Customer Care BPO Services, IT Solutions.

Who are the key members and board of directors at Nikad India Business Solutions?

Board Members (4)

Name Designation Appointment Date Status
Nikhita Venugopal Country flag representing In Director 19-Dec-2017 Current
Mani Venugopal Country flag representing In Director 16-Feb-2022 Current
Aditya Venugopal Country flag representing In Director 16-Feb-2022 Current
Pramila Venugopal Country flag representing In Director 02-Jul-2009 Current

Financial Performance of Nikad India Business Solutions.

Nikad India Business Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.5% increase. The company also saw a substantial improvement in profitability, with a 37.66% increase in profit. The company's net worth observed a substantial decline by a decrease of 66.41%.

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
10.50%
Revenue from Operations
10.13%
Total Assets
3.23%
Profit or Loss
37.66%
Net Worth
-66.41%
EBITDA
28.19%

What is the Ownership and Shareholding Structure of Nikad India Business Solutions?

In 2023, Nikad India Business Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹24.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 2.40 Cr

Latest Charge Details

Date Lender Amount Status
28 Feb 2019 Others ₹2.40 Cr Open

How Many Employees Work at Nikad India Business Solutions?

Nikad India Business Solutions has a workforce of 1246 employees as of Apr 07, 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 Nikad India Business 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 Nikad India Business 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 Nikad India Business Solutions

Recent activity within the organization

  • Annual General Meeting

    Nikad India Business Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Nikad India Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Mani Venugopal was appointed as a Director was appointed as a Director on 16 Feb 2022 & has been associated with this company since 2 years 11 months .

    16 Feb 2022

  • Director Appointment

    Aditya Venugopal was appointed as a Director was appointed as a Director on 16 Feb 2022 & has been associated with this company since 2 years 11 months .

    16 Feb 2022

  • Charges

    A charge with Others of Rs. 24.00 M registered on 28 Feb 2019 with Charge ID 100247647 was modified on 12 Jun 2020.

    12 Jun 2020

  • Charges

    A charge with Others amounted to Rs. 24.00 M with Charge ID 100247647 was registered on 28 Feb 2019.

    28 Feb 2019

Frequently asked questions

  • Nikad India Business Solutions Private Limited was incorporated on 02 Jul 2009.

  • The authorized share capital of Nikad India Business Solutions Private Limited is ₹ 6.00 M and paid-up capital is ₹ 6.00 M.

  • Currently 4 directors are associated with Nikad India Business Solutions Private Limited.

    • Nikhita Venugopal
    • Mani Venugopal
    • Aditya Venugopal
    • Pramila Venugopal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nikad India Business Solutions Private Limited is 20/2 Vittal Mallya Road, Bangalore, Karnataka, India, 560001.

  • The corporate identification number (CIN) of Nikad India Business Solutions Private Limited is U74140KA2009PTC050297 and the company number is 050297 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nikad India Business Solutions Private Limited is https://www.nikadindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nikad India Business Solutions Private Limited has risen by 10.50%.

  • As Per 2023 financial reports, 1246 employees are currently employed by Nikad India Business Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nikad India Business Solutions Private Limited has experienced an downturn of -66.41%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nikad India Business Solutions Private Limited amount to ₹ 2.40 Cr.

  • The most recent Balance Sheet for Nikad India Business Solutions Private Limited was filed with the ROC on 31 Mar 2023.

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