About Nike Sourcing India Private Limited
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Nike Sourcing India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Nike Inc. It operates in the business support services segment of the business services sector. It was incorporated on 21 June 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA2006PTC039777. Its GSTIN is 29AACCN4948H1Z4 (Karnataka).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.03 Cr. It is led by directors including Ashwin Ram and Ping Chu.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.66/1 1st Floor Olympia Building Bagmane Tech Park C.V.Raman Nagar, Bangalore, Karnataka, India – 560093.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.9 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹1.55 Cr (net margin 6.8%) and EBITDA of ₹2.85 Cr (EBITDA margin 12.5%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 6% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Nike. Court records list 1 case involving the company, including 1 filed against it. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.02 Cr; the latest was in March 2010.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nike.com.
Company details
Contact details
Nike Sourcing India Private Limited's registered office is in Bangalore, Karnataka. Its website is nike.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressNo.66/1 1st Floor Olympia Building Bagmane Tech Park C.V.Raman Nagar, Bangalore, Karnataka, India – 560093
- IndustryBusiness Services, Business Support Services
To see the full contact details of Nike Sourcing India 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 Nike Sourcing India is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Nike Sourcing India Private Limited, buy the company report.
Financials of Nike Sourcing India Private Limited
FY 2025 filings availableNike Sourcing India Private Limited reported revenue of ₹22.9 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 10% growth in the latest year. EBITDA rose 85% 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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| EBITDA | ₹2.85 Cr | ||||
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| Net Profit (PAT) | ₹1.55 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 12.5% | ||||
| Net Profit Margin | 6.8% | ||||
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To see the full financial statements and ratios of Nike Sourcing India Private Limited, buy the company report.
Board of directors of Nike Sourcing India Private Limited
Nike Sourcing India has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwin Ram | Director | 06 Jul 2023 | 3 Years 4 Months | Current |
| Ping Chu Also directs: Nike India Technology Center Private Limited | Director | 07 Jan 2022 | 4 Years 10 Months | Current |
| Vaikundamani Narayanasamy | Director | 05 Aug 2024 | 2 Years 3 Months | Current |
Auditor
Nike Sourcing India Private Limited is audited by PRICE WATERHOUSE & CO CHARTERED ACCOUNTANTS LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRICE WATERHOUSE & CO CHARTERED ACCOUNTANTS LLP | FY 2021 | 304026E |
Shareholding
The shareholding of Nike Sourcing India Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Nike Sourcing India Private Limited, buy the company report.
Deals & funding
Nike Sourcing India Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.02 Cr; the latest was in March 2010.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Nike INC, Nike Holding Inc Seller: 2 individuals |
| Jul 2008 | Funding round | ₹2.02 Cr | Investors: Nike INC |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nike Sourcing India Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Nike Sourcing India 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 Nike Sourcing India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nike Sourcing India Private Limited has a workforce of 26 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Nike Sourcing India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCN4948H1Z4 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nike Sourcing India Private Limited, buy the company report.
Recent activity
Nike Sourcing India Private Limited has 12 board changes on record since 2009: 3 appointments and 9 cessations. The latest: Vaikundamani Narayanasamy ceased to be Additional Director on 29 Sep 2024.
3 earlier events are in the company report.
News
Frequently asked questions
Nike Sourcing India is an active private limited company based in Bangalore, Karnataka, India. The company works in business support services, within the business services industry. It was incorporated on 21 June 2006 (20+ years old) and is registered under CIN U74140KA2006PTC039777.
Nike Sourcing India has 3 current directors:
- Ashwin Ram - Director
- Ping Chu - Director
- Vaikundamani Narayanasamy - Director
The latest financial statements of Nike Sourcing India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nike Sourcing India is 29AACCN4948H1Z4, registered in Karnataka.
The CIN (Corporate Identification Number) of Nike Sourcing India is U74140KA2006PTC039777. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nike Sourcing India has 1 court case on record: 1 filed against it.
Nike Sourcing India was incorporated on 21 June 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
Nike Sourcing India has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.02 Cr; the latest was in March 2010.
Vaikundamani Narayanasamy ceased to be Additional Director on 29 Sep 2024. Vaikundamani Narayanasamy was appointed as Director on 05 Aug 2024. Atul Ujagar ceased to be Director on 26 Apr 2024. Nike Sourcing India has 12 board changes on record in total.
Nike Sourcing India can be reached through the website nike.com. Its registered office is in Bangalore, Karnataka, India.
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