
About Nnip India Private Limited
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Nnip India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Nationale Nederlanden Interfinance Bv. It operates in the portfolio management services segment of the financial services sector. It was incorporated on 06 April 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1998PTC114377. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹332.5 Cr and a paid-up capital of ₹4.76 Cr. It is led by directors Mannatil Narayanankutty Nair and Shreyak Shah.
Its last annual general meeting (AGM) was held on 26 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Office No. 519 6th Floor Ecstasy Business Park City Of Joy J.S.D Road Mulund (W), Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2019, the company reported a revenue of ₹21.4 Lakh, a growth of 45% compared to the previous year. For the same year it recorded a net loss of ₹7.07 Lakh (net margin -33%) and EBITDA of -₹6.99 Lakh (EBITDA margin -32.7%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years.
The company is associated with 1 brand: Goldman Sachs Asset Management. Court records list 1 case involving the company, including 1 filed against it. The company has 1 deal on record (1 acquisition); the latest was in May 2014. Its 10 peer companies in the BFSI industry (Portfolio Managers) are compared by revenue, 5 larger and 5 smaller; the largest is Religare Capital Finance Limited with revenue of ₹22.21 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nnip.com.
Company details
Contact details
Nnip India Private Limited's registered office is in Mumbai, Maharashtra. Its website is nnip.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressOffice No. 519 6th Floor Ecstasy Business Park City Of Joy J.S.D Road Mulund (W), Mumbai, Maharashtra, India – 400080
- IndustryFinancial Services, Portfolio Management Services
To see the full contact details of Nnip 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
Brands
Nnip India operates one associated brand: Goldman Sachs Asset Management. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Asset management services are provided by Goldman Sachs globally. | nnip.com |
Financials of Nnip India Private Limited
FY 2018 filings availableNnip India Private Limited reported revenue of ₹21.4 Lakh (up 45% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 45% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 17%. EBITDA rose 98% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹21.4 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹6.99 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.07 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -32.7% | ||||
| Net Profit Margin | -33% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Nnip India Private Limited, buy the company report.
Board of directors of Nnip India Private Limited
Nnip India has 2 current directors and 29 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mannatil Narayanankutty Nair | Nominee Director | 28 Mar 2019 | 7 Years 7 Months | Current |
| Shreyak Shah | Nominee Director | 09 Dec 2021 | 4 Years 10 Months | Current |
Peer comparison
Nnip India Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Portfolio Managers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Religare Capital Finance Limited | ₹22.21 Lakh (FY 2016) | 4.0% | New Delhi, Delhi, India | |||
| Sirius Advisors Private Limited | ₹22.15 Lakh (FY 2024) | 41.0% | Mumbai, Maharashtra, India | |||
| Forum Synergies (India) Pe Fund Managers Private Limited | ₹22.1 Lakh (FY 2023) | -65.0% | Bangalore, Karnataka, India | |||
| Lyons Portfolio Managers Pvt Ltd | ₹21.89 Lakh (FY 2025) | 12.0% | Kolkata, West Bengal, India | |||
| Rupeelog Financial Services Private Limited | ₹21.87 Lakh (FY 2024) | -80.0% | Bengaluru, Karnataka, India | |||
| Nnip India Private Limitedthis company | ₹21.4 Lakh (FY 2019) | -₹7.07 Lakh | -33% | 45.0% | Mumbai, Maharashtra, India | |
| Flameback Capital Private Limited | ₹21.15 Lakh (FY 2024) | 113.0% | Bangalore, Karnataka, India | |||
| Bits Portfolio Advisors Private Limited | ₹21.12 Lakh (FY 2020) | -53.0% | Navi Mumbai, Maharashtra, India | |||
| Velth Grow Securities Private Limited | ₹21.06 Lakh (FY 2024) | 7.0% | Mohali, Punjab, India | |||
| Mavm Angels Network Private Limited | ₹20.79 Lakh (FY 2024) | -98.0% | Mumbai, Maharashtra, India | |||
| Poloroid Investment Pvt Ltd | ₹20.55 Lakh (FY 2025) | 3.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Nnip India Private Limited, buy the company report.
Auditor
Nnip India Private Limited is audited by B S R & Co. LLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2018 | 101248W/W100022 |
Shareholding
The shareholding of Nnip India Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Nnip India Private Limited, buy the company report.
Deals & funding
Nnip India Private Limited has 1 deal on record (1 acquisition); the latest was in May 2014.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2014 | Acquisition | Undisclosed | Buyer: Aditya Birla Sun Life Amc Limited Seller: Nnip India Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nnip 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 |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company | Disposed |
To see the full case history of Nnip 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 Nnip India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nnip India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Nnip India Private Limited, buy the company report.
Recent activity
Nnip India Private Limited has 28 board changes on record since 2007: 2 appointments and 26 cessations. The latest: Neeldert Christiaan Spaans ceased to be Nominee Director on 16 Dec 2021.
19 earlier events are in the company report.
Frequently asked questions
Nnip India is an active private limited company based in Mumbai, Maharashtra, India. The company works in portfolio management services, within the financial services industry. It was incorporated on 06 April 1998 (28+ years old) and is registered under CIN U67120MH1998PTC114377.
Nnip India has 2 current directors:
- Mannatil Narayanankutty Nair - Nominee Director
- Shreyak Shah - Nominee Director
The latest financial statements of Nnip India on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 26 September 2018. Year-wise statements from 2015 are in the company report.
No. Nnip India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Nnip India is U67120MH1998PTC114377. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nnip India has 1 court case on record: 1 filed against it.
Nnip India was incorporated on 06 April 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
Nnip India has 1 deal on record (1 acquisition); the latest was in May 2014.
The peers of Nnip India by revenue are Religare Capital Finance Limited, Sirius Advisors Private Limited, Forum Synergies (India) Pe Fund Managers Private Limited, Lyons Portfolio Managers Pvt Ltd, Rupeelog Financial Services Private Limited and 5 more, all in the BFSI industry (Portfolio Managers).
Neeldert Christiaan Spaans ceased to be Nominee Director on 16 Dec 2021. Shreyak Shah was appointed as Nominee Director on 09 Dec 2021. Mannatil Narayanankutty Nair was appointed as Nominee Director on 28 Mar 2019. Nnip India has 28 board changes on record in total.
Nnip India can be reached through the website nnip.com. Its registered office is in Mumbai, Maharashtra, India.

