- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0112571

About Niviqure Meditech Private Limited
Data last updated:
Niviqure Meditech Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 24 September 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U33110KA1997PTC022813. Its GSTIN is 29AABCN4064H1ZE (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Vittal Srinivas Candade and Lakshmi Krishnaswamy.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 311/2 10th E Main Road Jayanagar 1st Block, Bangalore, Karnataka, India – 560011.
As per the financials filed for FY 2025, the company reported a revenue of ₹89.61 Lakh, a decline of 35% compared to the previous year. For the same year it recorded a net profit of ₹11.65 Lakh (net margin 13%) and EBITDA of ₹17.18 Lakh (EBITDA margin 19.2%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 9% over five years.
Niviqure Meditech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0112571). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website niviqure.com.
Company details
CIN history
Niviqure Meditech has one previous CIN (Corporate Identification Number): U85110KA1997PTC022813. The current CIN is U33110KA1997PTC022813, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U33110KA1997PTC022813 | Current |
| U85110KA1997PTC022813 | Previous |
Recognitions & Rankings of Niviqure Meditech
Contact details
Niviqure Meditech Private Limited's registered office is in Bangalore, Karnataka. Its website is niviqure.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address311/2 10th E Main Road Jayanagar 1st Block, Bangalore, Karnataka, India – 560011
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Niviqure Meditech 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 Niviqure Meditech is manufacturing. In detail, this covers manufacture of tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 12 | Manufacture of tobacco products |
To see the full business activity and turnover split of Niviqure Meditech Private Limited, buy the company report.
Financials of Niviqure Meditech Private Limited
FY 2025 filings availableNiviqure Meditech Private Limited reported revenue of ₹89.61 Lakh (down 35% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 35% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 37% 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 | ₹17.18 Lakh | ||||
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| Net Profit (PAT) | ₹11.65 Lakh | ||||
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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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| Profitability | |||||
| EBITDA Margin | 19.2% | ||||
| Net Profit Margin | 13% | ||||
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To see the full financial statements and ratios of Niviqure Meditech Private Limited, buy the company report.
Board of directors of Niviqure Meditech Private Limited
Niviqure Meditech has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vittal Srinivas Candade | Director | 24 Sep 1997 | 29 Years 1 Months | Current |
| Lakshmi Krishnaswamy | Director | 06 Dec 2010 | 15 Years 11 Months | Current |
Auditor
Niviqure Meditech Private Limited is audited by NAGESHK S for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAGESHK S | FY 2017 | 024636 |
Shareholding
The shareholding of Niviqure Meditech Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Niviqure Meditech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Niviqure Meditech 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 Niviqure Meditech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Niviqure Meditech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCN4064H1ZE | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Niviqure Meditech Private Limited, buy the company report.
Recent activity
Niviqure Meditech Private Limited has 4 board changes on record since 1997: 2 appointments and 2 cessations. The latest: Vikram Lele ceased to be Director on 06 Jul 2020.
Frequently asked questions
Niviqure Meditech is an active private limited company based in Bangalore, Karnataka, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 24 September 1997 (29+ years old) and is registered under CIN U33110KA1997PTC022813.
Niviqure Meditech has 2 current directors:
- Vittal Srinivas Candade - Director
- Lakshmi Krishnaswamy - Director
The latest financial statements of Niviqure Meditech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Niviqure Meditech is 29AABCN4064H1ZE, registered in Karnataka.
The CIN (Corporate Identification Number) of Niviqure Meditech is U33110KA1997PTC022813. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Niviqure Meditech was incorporated on 24 September 1997, making it 29+ years old. It is registered with the Registrar of Companies, Bangalore.
Vikram Lele ceased to be Director on 06 Jul 2020. Hema Phanikumar ceased to be Director on 14 May 2018. Lakshmi Krishnaswamy was appointed as Director on 06 Dec 2010. Niviqure Meditech has 4 board changes on record in total.
Yes, Niviqure Meditech is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0112571).
Niviqure Meditech can be reached through the website niviqure.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Niviqure Meditech is at 3112 10th E Main Road Jayanagar 1st Block, Bangalore, Karnataka, India – 560011.

