About Ni Systems (India) Private Limited
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Ni Systems (India) Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of National Instruments Corporation. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 07 March 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2000PTC026543. Its GSTIN is 29AABCN1159K1Z9 (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50.1 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Baskar Raj D Ceri (Managing Director) and Kathleen Heard Spurck.
Its last annual general meeting (AGM) was held on 18 March 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹382.1 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹13.06 Cr (net margin 3.4%) and EBITDA of ₹47.4 Cr (EBITDA margin 12.4%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 8% over five years.
The company has about 280 employees on its provident fund (EPFO) records.
The company is associated with 19 brands, including Aithagoni, Brishni, CallJini, Armakuni, BONI and others. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ni.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address81/1 & 82/1 Wing B 5th Floor Block – A Salarpuria Softzone Bellandur Varthur, Hobli, Bangalore, Karnataka, India – 560001
- IndustryInformation Technology, Application Development & Software Solutions, IT Products Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Ni Systems (India) Private Limited
The main business activities of Ni Systems (India) are trade, support service to organizations and professional, scientific and technical. In detail, this covers wholesale trading, other support services to organizations and other professional, scientific and technical activities. 3 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
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 Ni Systems (India) Private Limited FY 2024 filings available
Ni Systems (India) Private Limited reported revenue of ₹382.1 Cr (up 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ni Systems (India) Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 10% growth in the latest year. EBITDA rose 35% 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 Ni Systems (India) Private Limited
| 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 | ₹47.4 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13.06 Cr | •••• | •••• | •••• | •••• |
| 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 Ni Systems (India) Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.4% | •••• | •••• | •••• | •••• |
| 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 Ni Systems (India) are in the company report.
Financial statements from 2015
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.
Peer Comparison of Ni Systems (India) Private Limited
Ni Systems (India) Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development, IT Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ageless Digital Technologies Private Limited | ₹391.1 Cr (FY 2025) | •••• | •••• | 312.0% | •••• | Noida, Uttar Pradesh, India |
| The Zigma Technologies India Private Limited | ₹386.77 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Erode, Tamil Nadu, India |
| Bentley Systems India Private Limited | ₹385.98 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | New Delhi, Delhi, India |
| Automation Anywhere Software Private Limited | ₹382.76 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Vadodara, Gujarat, India |
| Sshoppee.Com Private Limited | ₹382.64 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Mysore, Karnataka, India |
| Ni Systems (India) Private Limited this company | ₹382.1 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Bangalore, Karnataka, India |
| Awave Semiconductor India Private Limited | ₹376.51 Cr (FY 2025) | •••• | •••• | 76.0% | •••• | Bangalore, Karnataka, India |
| Ridham Enterprise Private Limited | ₹374.94 Cr (FY 2025) | •••• | •••• | 111.0% | •••• | Ahmedabad, Gujarat, India |
| Embitel Technologies (India) Private Limited | ₹374.13 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Bangalore, Karnataka, India |
| Srit India Limited | ₹372.9 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Bangalore, Karnataka, India |
| Kla-Tencor Software India Private Limited | ₹371.48 Cr (FY 2022) | •••• | •••• | 46.0% | •••• | Kandanchavadi, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Ni Systems (India) by revenue in the Information Technology industry (Application Development, IT Products Retail and Distribution), 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 Ni Systems (India) Private Limited
Ni Systems (India) Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.R. Batliboi & Associates LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ni Systems (India) Private Limited
Ni Systems (India) has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Baskar Raj D Ceri | Managing Director | 29 Sep 2021 | 5 Years 0 Months | Current |
| Kathleen Heard Spurck | Director | 01 Dec 2023 | 2 Years 10 Months | Current |
Ownership and Shareholding of Ni Systems (India) Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ni Systems (India) Private Limited
Ni Systems (India) Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Ni Systems (India) Private Limited
Ni Systems (India) Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Tax appeal | Filed against the company by PR Commissioner of Income Tax - 5 | Disposed |
| High Court of Karnataka | Tax appeal | Filed against the company by PR Commissioner of Income Tax-5 | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Ni Systems (India) Private Limited
Ni Systems (India) operates multiple associated brands including Aithagoni, Brishni, and CallJini. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides revenue cycle management, billing, data analytics, and price transparency services. | aithagoni.com | |
| Operates a direct-to-consumer brand offering fast-fashion jewelry. | brishni.com | |
| A mobile-first marketplace for discovering and booking local services. | calljini.com | |
| Delivers high-performance cloud engineering and consulting services to businesses globally. | armakuni.com | |
| Operates a digital hub for convenient laundry and dry cleaning services. | boni.com.hk | |
| Functions as a crowdfunding platform for startups and entrepreneurs in Turkey. | arikovani.com | |
| Provides artisanal eco-friendly clothing, robes, dresses, and accessories globally. | jodhpurani.com | |
| An app-based platform for booking home maintenance services. | amerni.com | |
| Online brand offering multi-category activewear apparel for women. | soulgani.com | |
| Hosts a digital marketplace for freight forwarding services. | dekini.com | |
| Acquires and grows SaaS B2B companies in Brazil and Latin America. | nuvini.com.br | |
| Global marketplace for used Korean and Japanese vehicles is operated. | autowini.com | |
| Coffee and gourmet foods are served by Degani's restaurant chain. | degani.com.au | |
| Online cross-border remittances are facilitated for individuals. | pesamoni.com | |
| Reward-based payment and engagement solutions are provided for businesses. | mygini.com | |
| Provider of a suite of cloud-based electronic design automation tools for integrated circuits | ni.com | |
| Consumer goods are retailed online by TISSINI. | tissini.com | |
| Provider of heavy duty vehicle lifts, offering a complete range of lifts for all vehicles | stertil-koni.com | |
| Trainers and professionals are connected in the training industry. | formatoriitaliani.com |
Employees and EPFO Compliance at Ni Systems (India) Private Limited
Ni Systems (India) Private Limited has a workforce of 280 employees as of Apr 02, 2024.
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.
News related to Ni Systems (India) Private Limited
Recent Activity on Ni Systems (India) Private Limited
Ni Systems (India) Private Limited has 14 board changes on record since 2016: 2 appointments and 12 cessations. The latest: Kathleen Heard Spurck ceased to be Additional Director on 08 Sep 2024.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ni Systems (India) Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ni Systems (India) Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ni Systems (India) Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ni Systems (India) Private Limited
Ni Systems (India) has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCN1159K1Z9 | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ni Systems (India) Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ni Systems (India) Private Limited
Ni Systems (India) is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 07 March 2000 (26+ years old) and is registered under CIN U72900KA2000PTC026543.
Ni Systems (India) reported revenue of ₹382.1 Cr for FY 2024 (up 10% YoY).
Ni Systems (India) has 2 current directors:
- Baskar Raj D Ceri - Managing Director
- Kathleen Heard Spurck - Director
Ni Systems (India) reported a net profit of ₹13.06 Cr (net margin 3.4%) and EBITDA of ₹47.4 Cr (EBITDA margin 12.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ni Systems (India) is 15% over three years and 8% over five years. In the latest year (FY 2024) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ni Systems (India) is 29AABCN1159K1Z9, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Ni Systems (India) is U72900KA2000PTC026543. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ni Systems (India) has 2 court cases on record: 2 filed against it.
Ni Systems (India) was incorporated on 07 March 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ni Systems (India) by revenue are Ageless Digital Technologies Private Limited, The Zigma Technologies India Private Limited, Bentley Systems India Private Limited, Automation Anywhere Software Private Limited, Sshoppee.Com Private Limited and 5 more, all in the Information Technology industry (Application Development, IT Products Retail and Distribution).
Kathleen Heard Spurck ceased to be Additional Director on 08 Sep 2024. Kathleen Heard Spurck was appointed as Director on 01 Dec 2023. Albert Edward Percival Iii ceased to be Additional Director on 18 Oct 2023. Ni Systems (India) has 14 board changes on record in total.