MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0136078
Nirai Corporate Solutions Private Limited
Nirai Corporate Solutions Private Limited - financial services in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.75 Cr
▼ 20% YoY
Net profit · FY 2024
₹98,616
Net margin 0.6%
EBITDA · FY 2024
₹4.76 Lakh
EBITDA margin 2.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Nirai Corporate Solutions Private Limited
Data last updated:
Nirai Corporate Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 25 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2019PTC127116. Its GSTIN is 33AAGCN3799J1ZZ (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Sundar Thetchinamoorthy (Managing Director) and Jeyamary Sundar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.75 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹98,616 (net margin 0.6%) and EBITDA of ₹4.76 Lakh (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 149% over three years.
Nirai Corporate Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0136078). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74999TN2019PTC127116
Registration Number 127116
Incorporation Date 25 January 2019
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0136078
Recognitions & Rankings of Nirai Corporate Solutions
Contact details
Nirai Corporate Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No. 2 A 2nd Floor Old Door No 55/6, New Door No129 Raman Villa New Avadi Road, Chennai, Tamil Nadu, India – 600010
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Nirai Corporate Solutions Private Limited, buy the company report.
Comprehensive company report
Nirai Corporate Solutions Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Nirai Corporate Solutions is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Nirai Corporate Solutions Private Limited, buy the company report.
Financials of Nirai Corporate Solutions Private Limited
FY 2024 filings availableNirai Corporate Solutions Private Limited reported revenue of ₹1.75 Cr (down 20% YoY) for FY 2024.
Revenue · FY 2024
₹1.75 Cr ▼ 20%
Net profit · FY 2024
₹98,616 margin 0.6%
EBITDA · FY 2024
₹4.76 Lakh margin 2.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 20%
3 years · compounded
▲ 149%
EBITDA CAGR growth
1 year
▼ 84%
3 years · compounded
▲ 43%
Revenue fell 20% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 149%. EBITDA fell 84% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.76 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹98,616 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Nirai Corporate Solutions Private Limited, buy the company report.
Board of directors of Nirai Corporate Solutions Private Limited
Nirai Corporate Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jeyamary Sundar | Director | 25 Jan 2019 | 7 Years 9 Months | Current |
| Sundar Thetchinamoorthy | Managing Director | 25 Jan 2019 | 7 Years 9 Months | Current |
Peer comparison
Nirai Corporate Solutions Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Other Financial Services), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rajeswari Advisory Services Private Limited | ₹1.75 Cr (FY 2024) | -69.0% | Hyderabad, Telangana, India | |||
| Sankalp Share Brokers Private Limited | ₹1.75 Cr (FY 2024) | 63.0% | Kolkata, West Bengal, India | |||
| Nirai Corporate Solutions Private Limitedthis company | ₹1.75 Cr (FY 2024) | ₹98,616 | 0.6% | -20.0% | Chennai, Tamil Nadu, India | |
| VK Capital Advisors Private Limited | ₹1.74 Cr (FY 2025) | 75.0% | Hyderabad, Telangana, India | |||
| Dhanvriddhi Finvest Services Private Limited | ₹1.74 Cr (FY 2024) | 21.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Nirai Corporate Solutions Private Limited, buy the company report.
Auditor
Nirai Corporate Solutions Private Limited is audited by RAMAMOORTHY N & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMAMOORTHY N & ASSOCIATES | FY 2023 | 015905S |
Shareholding
The shareholding of Nirai Corporate Solutions Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Nirai Corporate Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nirai Corporate Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nirai Corporate Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nirai Corporate Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCN3799J1ZZ | Tamil Nadu | Active | 12 Apr 2019 |
To see the full GST registrations and return filing status of Nirai Corporate Solutions Private Limited, buy the company report.
Recent activity
Nirai Corporate Solutions Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Jeyamary Sundar was appointed as Director on 25 Jan 2019.
AGM
Nirai Corporate Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Nirai Corporate Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Appointed
Jeyamary Sundar was appointed as Director.
Appointed
Sundar Thetchinamoorthy was appointed as Managing Director.
Incorporation
25 Jan 2019
Nirai Corporate Solutions Private Limited was registered on 25 Jan 2019 with Roc Chennai & aged 7 years 9 months as per MCA records.
Frequently asked questions
Nirai Corporate Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 25 January 2019 (7+ years old) and is registered under CIN U74999TN2019PTC127116.
Nirai Corporate Solutions has 2 current directors:
- Sundar Thetchinamoorthy - Managing Director
- Jeyamary Sundar - Director
The latest financial statements of Nirai Corporate Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Nirai Corporate Solutions is 33AAGCN3799J1ZZ, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Nirai Corporate Solutions is U74999TN2019PTC127116. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nirai Corporate Solutions was incorporated on 25 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Nirai Corporate Solutions by revenue are Rajeswari Advisory Services Private Limited, Sankalp Share Brokers Private Limited, VK Capital Advisors Private Limited, Dhanvriddhi Finvest Services Private Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (financial advisory, brokerage and consultancy services).
Jeyamary Sundar was appointed as Director on 25 Jan 2019. Sundar Thetchinamoorthy was appointed as Managing Director on 25 Jan 2019.
Yes, Nirai Corporate Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0136078).
The registered office of Nirai Corporate Solutions is at Flat No. 2 A 2nd Floor Old Door No 556, New Door No129 Raman Villa New Avadi Road, Chennai, Tamil Nadu, India – 600010.
Nirai Corporate Solutions operates in the financial services industry, in the diversified financial services segment.