MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0030605
Nascent Sourcing Solutions Private Limited - fashion and textile in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.76 Lakh
▼ 79% YoY
Net loss · FY 2025
₹1.14 Lakh
Net margin -64.7%
EBITDA · FY 2025
₹23,569
EBITDA margin 13.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹9.9 Lakh
Issued & subscribed
Satisfied charges
₹73 Lakh
No open charges
Company age
20 yrs
Est. 2006
Directors on board
2
As per MCA filings
About Nascent Sourcing Solutions Private Limited
Data last updated:
Nascent Sourcing Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 10 March 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51311KA2006PTC038717. Its GSTIN is 29AACCN4043M1Z7 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.9 Lakh. It is led by directors Damayanthi Nandish and Chikkundur Nandisha Appaswamy Gowda.
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 No. 461 1Sr Floor Subbamma Kempe Gowda Complex 3rd Block Hmt Layout Vidyaranyapura, Bangalore, Karnataka, India – 560097.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.76 Lakh, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹1.14 Lakh (net margin -64.7%) and EBITDA of ₹23,569 (EBITDA margin 13.4%). Revenue has declined at a compounded annual rate (CAGR) of 46% over three years and 54% over five years.
As per MCA filings, the company has satisfied charges of ₹73 Lakh on record.
Nascent Sourcing Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0030605). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nascentsourcing.com.
Company Details of Nascent Sourcing Solutions Private Limited
CIN U51311KA2006PTC038717
Registration Number 038717
Incorporation Date 10 March 2006
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0030605
Recognitions & Rankings of Nascent Sourcing Solutions
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo. 461 1Sr Floor Subbamma Kempe Gowda Complex 3rd Block Hmt Layout Vidyaranyapura, Bangalore, Karnataka, India – 560097
- IndustryFashion and Textile, Designer & Branded Fashion
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Financials of Nascent Sourcing Solutions Private Limited FY 2025 filings available
Nascent Sourcing Solutions Private Limited reported revenue of ₹1.76 Lakh (down 79% YoY) for FY 2025.
Revenue · FY 2025
₹1.76 Lakh ▼ 79%
Net loss · FY 2025
₹1.14 Lakh margin -64.7%
EBITDA · FY 2025
₹23,569 margin 13.4%
Compounded Annual Growth Rate (CAGR) of Nascent Sourcing Solutions Private Limited
Revenue CAGR growth
1 year
▼ 79%
3 years · compounded
▼ 46%
5 years · compounded
▼ 54%
EBITDA CAGR growth
1 year
▼ 95%
3 years · compounded
▼ 61%
5 years · compounded
▲ 15%
Revenue has declined at a compounded annual rate (CAGR) of 54% over five years, including a 79% fall in the latest year. EBITDA fell 95% 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 Nascent Sourcing 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 | ₹23,569 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.14 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 Nascent Sourcing Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -64.7% | •••• | •••• | •••• | •••• |
| 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 Nascent Sourcing Solutions are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Nascent Sourcing Solutions Private Limited
Nascent Sourcing Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Damayanthi Nandish | Director | 30 Mar 2011 | 15 Years 6 Months | Current |
| Chikkundur Nandisha Appaswamy Gowda | Director | 10 Mar 2006 | 20 Years 7 Months | Current |
Peer Comparison of Nascent Sourcing Solutions Private Limited
Nascent Sourcing Solutions Private Limited is compared with the companies closest to it by revenue in the Apparel industry (Branded Wear). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chalak Apparels Private Limited | ₹1.8 Lakh (FY 2021) | •••• | •••• | 5105.0% | •••• | Mumbai, Maharashtra, India |
| Maaruth Embroiders Private Limited | ₹1.79 Lakh (FY 2021) | •••• | •••• | 461.0% | •••• | New Delhi, Delhi, India |
| Leatherythings Private Limited | ₹1.78 Lakh (FY 2025) | •••• | •••• | 72.0% | •••• | Delhi, India |
| Yenugonda Apparels Private Limited | ₹1.78 Lakh (FY 2024) | •••• | •••• | -76.0% | •••• | New Nallakunta, Hyderabad, Telangana, India |
| Ritika Garments Private Limited | ₹1.77 Lakh (FY 2020) | •••• | •••• | -58.0% | •••• | Delhi, India |
| Nascent Sourcing Solutions Private Limited this company | ₹1.76 Lakh (FY 2025) | •••• | •••• | -79.0% | •••• | Bangalore, Karnataka, India |
| Rhythm Connect Private Limited | ₹1.74 Lakh (FY 2025) | •••• | •••• | -44.0% | •••• | New Delhi, Delhi, India |
| Sheen Fashions(India)Private Limited | ₹1.7 Lakh (FY 2018) | •••• | •••• | 169885.0% | •••• | Delhi, India |
| Khandelwal International Private Limited | ₹1.68 Lakh (FY 2024) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Kavkee's Fashions India (OPC) Private Limited | ₹1.65 Lakh (FY 2025) | •••• | •••• | -58.0% | •••• | Bangalore, Karnataka, India |
| Elixir Motors Private Limited | ₹1.65 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Ludhiana, Punjab, India |
Peers are the five companies nearest above and the five nearest below Nascent Sourcing Solutions by revenue in the Apparel industry (Branded Wear), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Nascent Sourcing Solutions Private Limited
Nascent Sourcing Solutions Private Limited is audited by UDAYA RAVINDRA & MANOJ for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| UDAYA RAVINDRA & MANOJ | Locked | Locked | Locked |
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Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Nascent Sourcing Solutions Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Nascent Sourcing Solutions Private Limited
Open charges
None
Satisfied charges
₹73 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Feb 2008 | Canara Bank | ₹9 Lakh | Satisfied |
| 23 Mar 2007 | Canara Bank | ₹64 Lakh | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Nascent Sourcing Solutions Private Limited
Employment history and EPFO contributions of people linked to Nascent Sourcing Solutions.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Nascent Sourcing Solutions Private Limited
Nascent Sourcing Solutions Private Limited has 5 board changes on record since 2006: 2 appointments and 3 cessations. The latest: Damayanthi Nandish ceased to be Additional Director on 30 Sep 2011.
AGM
Nascent Sourcing Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Nascent Sourcing Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 29 Feb 2008 via Charge ID 10090648 with Canara Bank was fully satisfied on 07 Jul 2018.
Charges
A charge registered on 23 Mar 2007 via Charge ID 10045446 with Canara Bank was fully satisfied on 07 Jul 2018.
Charges
A charge with Canara Bank of Rs. 64.00 Lakh registered on 23 Mar 2007 with Charge ID 10045446 was modified on 02 Jan 2014.
Ceased
Damayanthi Nandish ceased to be Additional Director.
Ceased
Chikkundur Appaswamygowda Umesha ceased to be Director.
Appointed
Damayanthi Nandish was appointed as Director.
Ceased
Manjunath Ramaiah ceased to be Director.
Charges
A charge with Canara Bank amounted to Rs. 9.00 Lakh with Charge ID 10090648 was registered on 29 Feb 2008.
Charges
A charge with Canara Bank amounted to Rs. 64.00 Lakh with Charge ID 10045446 was registered on 23 Mar 2007.
Appointed
Chikkundur Nandisha Appaswamy Gowda was appointed as Director.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Nascent Sourcing Solutions Private Limited
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MSME Payment Delays by Nascent Sourcing Solutions Private Limited
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Subsidiaries & Group Companies of Nascent Sourcing Solutions Private Limited
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GST Compliance of Nascent Sourcing Solutions Private Limited
Nascent Sourcing Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCN4043M1Z7 | Karnataka | Active | 01 Jul 2017 |
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MCA Filings & Documents of Nascent Sourcing Solutions Private Limited
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Frequently Asked Questions about Nascent Sourcing Solutions Private Limited
Nascent Sourcing Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 10 March 2006 (20+ years old) and is registered under CIN U51311KA2006PTC038717.
Nascent Sourcing Solutions reported revenue of ₹1.76 Lakh for FY 2025 (down 79% YoY).
Nascent Sourcing Solutions has 2 current directors:
- Damayanthi Nandish - Director
- Chikkundur Nandisha Appaswamy Gowda - Director
Nascent Sourcing Solutions reported a net loss of ₹1.14 Lakh (net margin -64.7%) and EBITDA of ₹23,569 (EBITDA margin 13.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nascent Sourcing Solutions is -46% over three years and -54% over five years. In the latest year (FY 2025) revenue fell 79%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nascent Sourcing Solutions is 29AACCN4043M1Z7, registered in Karnataka.
The CIN (Corporate Identification Number) of Nascent Sourcing Solutions is U51311KA2006PTC038717. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nascent Sourcing Solutions was incorporated on 10 March 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Nascent Sourcing Solutions by revenue are Chalak Apparels Private Limited, Maaruth Embroiders Private Limited, Leatherythings Private Limited, Yenugonda Apparels Private Limited, Ritika Garments Private Limited and 5 more, all in the Apparel industry (Branded Wear).
Damayanthi Nandish ceased to be Additional Director on 30 Sep 2011. Chikkundur Appaswamygowda Umesha ceased to be Director on 01 Apr 2011. Damayanthi Nandish was appointed as Director on 30 Mar 2011. Nascent Sourcing Solutions has 5 board changes on record in total.
Yes, Nascent Sourcing Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0030605).