MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-OD-19-0004820
Nivaramed Solutions Private Limited
Nivaramed Solutions Private Limited - business services in Bhubaneshwar, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.88 Lakh
▼ 87% YoY
Net loss · FY 2025
₹6.03 Lakh
Net margin -209.2%
EBITDA · FY 2025
-₹4.46 Lakh
EBITDA margin -154.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Nivaramed Solutions Private Limited
Data last updated:
Nivaramed Solutions Private Limited is a private limited company based in Bhubaneshwar, Odisha, India. It was incorporated on 22 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U82990OR2019PTC031031. Its GSTIN is 21ABCCS1001R1ZM (Odisha).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Saroj Kumar Sahoo and Niharika Sahoo.
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 Plot No – 570/2203 & 571/2216 Kanan Vihar Phase – 2 Po – Patia, Bhubaneshwar, Odisha, India – 751031.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.88 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹6.03 Lakh (net margin -209.2%) and EBITDA of -₹4.46 Lakh (EBITDA margin -154.6%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 29% over five years.
Nivaramed Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0004820).
Company Details of Nivaramed Solutions Private Limited
CIN U82990OR2019PTC031031
Registration Number 031031
Incorporation Date 22 May 2019
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-OD-19-0004820
CIN History of Nivaramed Solutions Private Limited
Nivaramed Solutions has one previous CIN (Corporate Identification Number): U74999OR2019PTC031031. The current CIN is U82990OR2019PTC031031, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U82990OR2019PTC031031 | Current |
| U74999OR2019PTC031031 | Previous |
Recognitions & Rankings of Nivaramed Solutions
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressPlot No – 570/2203 & 571/2216 Kanan Vihar Phase – 2 Po – Patia, Bhubaneshwar, Odisha, India – 751031
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Business Activity of Nivaramed Solutions Private Limited
The main business activity of Nivaramed Solutions is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Nivaramed Solutions Private Limited FY 2024 filings available
Nivaramed Solutions Private Limited reported revenue of ₹2.88 Lakh (down 87% YoY) for FY 2025.
Revenue · FY 2025
₹2.88 Lakh ▼ 87%
Net loss · FY 2025
₹6.03 Lakh margin -209.2%
EBITDA · FY 2025
-₹4.46 Lakh margin -154.6%
Compounded Annual Growth Rate (CAGR) of Nivaramed Solutions Private Limited
Revenue CAGR growth
1 year
▼ 87%
3 years · compounded
▼ 41%
5 years · compounded
▲ 29%
EBITDA CAGR growth
1 year
▼ 165%
3 years · compounded
▼ 43%
5 years · compounded
▼ 8%
Revenue fell 87% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 29%. EBITDA fell 165% 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 of Nivaramed Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹4.46 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.03 Lakh | •••• | •••• | •••• | •••• |
| 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 of Nivaramed Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -154.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -209.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Nivaramed Solutions are in the company report.
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Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Nivaramed Solutions Private Limited
Nivaramed Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saroj Kumar Sahoo | Director | 22 May 2019 | 7 Years 4 Months | Current |
| Niharika Sahoo | Director | 22 May 2019 | 7 Years 4 Months | Current |
| Namrata Sahoo | Director | 17 Apr 2025 | 1 Years 6 Months | Current |
Peer Comparison of Nivaramed Solutions Private Limited
Nivaramed Solutions Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Boltek Consulting Private Limited | ₹2.9 Lakh (FY 2025) | •••• | •••• | 45.0% | •••• | Kurukshetra, Haryana, India |
| Glowurban Care Private Limited | ₹2.9 Lakh (FY 2023) | •••• | •••• | 1248.0% | •••• | Chennai, Tamil Nadu, India |
| Technopark Business Solutions Private Limited | ₹2.89 Lakh (FY 2025) | •••• | •••• | -90.0% | •••• | Raigarh, Maharashtra, India |
| Rahoul Siemssen Engineering Pvt Ltd | ₹2.89 Lakh (FY 2025) | •••• | •••• | 18.0% | •••• | New Delhi, Delhi, India |
| Skymark Global Services Private Limited | ₹2.89 Lakh (FY 2024) | •••• | •••• | -84.0% | •••• | Ernakulam, Kerala, India |
| Nivaramed Solutions Private Limited this company | ₹2.88 Lakh (FY 2025) | •••• | •••• | -87.0% | •••• | Bhubaneshwar, Odisha, India |
| Nclipse Solutions Private Limited | ₹2.88 Lakh (FY 2025) | •••• | •••• | 50694.0% | •••• | Secunderabad, Telangana, India |
| Shivmangal Engicon Private Limited | ₹2.88 Lakh (FY 2025) | •••• | •••• | -99.0% | •••• | Patna, Bihar, India |
| Talkmetakeme Software Solutions Private Limited | ₹2.88 Lakh (FY 2025) | •••• | •••• | 657.0% | •••• | Balewadi, Maharashtra, India |
| Henna International Private Limited | ₹2.87 Lakh (FY 2024) | •••• | •••• | -64.0% | •••• | New Delhi, Delhi, India |
| Lemark Solutions Private Limited | ₹2.87 Lakh (FY 2020) | •••• | •••• | -53.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Nivaramed Solutions by revenue in the Outsourcing industry (HR Outsourcing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Nivaramed Solutions Private Limited
Nivaramed Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Nivaramed Solutions Private Limited
Employment history and EPFO contributions of people linked to Nivaramed Solutions.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Nivaramed Solutions Private Limited
Nivaramed Solutions Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Namrata Sahoo ceased to be Additional Director on 20 Apr 2025.
Ceased
Namrata Sahoo ceased to be Additional Director.
Appointed
Namrata Sahoo was appointed as Director.
AGM
Nivaramed Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Nivaramed Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
Appointed
Niharika Sahoo was appointed as Director.
Appointed
Saroj Kumar Sahoo was appointed as Director.
Incorporation
22 May 2019
Nivaramed Solutions Private Limited was registered on 22 May 2019 with Roc Cuttack & aged 7 years 5 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Nivaramed Solutions Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
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MSME Payment Delays by Nivaramed Solutions Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Nivaramed Solutions Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
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GST Compliance of Nivaramed Solutions Private Limited
Nivaramed Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21ABCCS1001R1ZM | Odisha | Active | 11 Sep 2019 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Nivaramed Solutions Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Nivaramed Solutions Private Limited
Nivaramed Solutions is an active private limited company based in Bhubaneshwar, Odisha, India. It was incorporated on 22 May 2019 (7+ years old) and is registered under CIN U82990OR2019PTC031031.
Nivaramed Solutions reported revenue of ₹2.88 Lakh for FY 2025 (down 87% YoY).
Nivaramed Solutions has 3 current directors:
- Saroj Kumar Sahoo - Director
- Niharika Sahoo - Director
- Namrata Sahoo - Director
Nivaramed Solutions reported a net loss of ₹6.03 Lakh (net margin -209.2%) and EBITDA of -₹4.46 Lakh (EBITDA margin -154.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nivaramed Solutions is -41% over three years and 29% over five years. In the latest year (FY 2025) revenue fell 87%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nivaramed Solutions is 21ABCCS1001R1ZM, registered in Odisha.
The CIN (Corporate Identification Number) of Nivaramed Solutions is U82990OR2019PTC031031. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nivaramed Solutions was incorporated on 22 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Nivaramed Solutions by revenue are Boltek Consulting Private Limited, Glowurban Care Private Limited, Technopark Business Solutions Private Limited, Rahoul Siemssen Engineering Pvt Ltd, Skymark Global Services Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Namrata Sahoo ceased to be Additional Director on 20 Apr 2025. Namrata Sahoo was appointed as Director on 17 Apr 2025. Niharika Sahoo was appointed as Director on 22 May 2019. Nivaramed Solutions has 4 board changes on record in total.
Yes, Nivaramed Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-OD-19-0004820).