MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-04-0006540
N.I. Ventures Private Limited - travel and hospitality in Belgaum, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹45.53 Cr
▲ 13% YoY
Net profit · FY 2024
₹1.13 Cr
Net margin 2.5%
EBITDA · FY 2024
₹4.23 Cr
EBITDA margin 9.3%
Authorised capital
₹4.25 Cr
Registered with MCA
Paid-up capital
₹2.25 Cr
Issued & subscribed
Open charges
₹1.21 Cr
Satisfied ₹9.77 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
98
Provident fund records
About N.I. Ventures Private Limited
Data last updated:
N.I. Ventures Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 31 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2017PTC106021. Its GSTIN is 29AAFCN7643A1ZH (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹4.25 Cr and a paid-up capital of ₹2.25 Cr. It is led by directors Irshad Abdulsalam Soudagar and Niyaz Abdulsalam Soudagar.
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 Cts No. 4697/B Opp. Market Police Station Old P.B. Road, Belgaum, Karnataka, India – 590002.
As per the financials filed for FY 2024, the company reported a revenue of ₹45.53 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹1.13 Cr (net margin 2.5%) and EBITDA of ₹4.23 Cr (EBITDA margin 9.3%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 7% over five years.
The company has about 98 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.21 Cr and satisfied charges of ₹9.77 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
N.I. Ventures Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-04-0006540). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website niyaaz.in.
Company details
CIN U74900KA2017PTC106021
Registration Number 106021
Incorporation Date 31 August 2017
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 Small
Udyam Registration UDYAM-KR-04-0006540
Recognitions & Rankings of N.I. Ventures
Contact details
N.I. Ventures Private Limited's registered office is in Belgaum, Karnataka. Its website is niyaaz.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressCts No. 4697/B Opp. Market Police Station Old P.B. Road, Belgaum, Karnataka, India – 590002
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of N.I. Ventures Private Limited, buy the company report.
Comprehensive company report
N.I. Ventures Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of N.I. Ventures is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. |
To see the full business activity and turnover split of N.I. Ventures Private Limited, buy the company report.
Financials of N.I. Ventures Private Limited
FY 2025 filings availableN.I. Ventures Private Limited reported revenue of ₹45.53 Cr (up 13% YoY) for FY 2024.
Revenue · FY 2024
₹45.53 Cr ▲ 13%
Net profit · FY 2024
₹1.13 Cr margin 2.5%
EBITDA · FY 2024
₹4.23 Cr margin 9.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 26%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▲ 51%
3 years · compounded
▲ 33%
5 years · compounded
▲ 12%
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 13% growth in the latest year. EBITDA rose 51% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹4.23 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.13 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.3% | ||||
| Net Profit Margin | 2.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of N.I. Ventures Private Limited, buy the company report.
Board of directors of N.I. Ventures Private Limited
N.I. Ventures has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Irshad Abdulsalam Soudagar | Director | 31 Aug 2017 | 9 Years 1 Months | Current |
| Niyaz Abdulsalam Soudagar | Director | 31 Aug 2017 | 9 Years 1 Months | Current |
Peer comparison
N.I. Ventures Private Limited is compared with the 7 companies closest to it by revenue in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Forest Friendly Camps Private Limited. | ₹45.93 Cr (FY 2025) | 14.0% | New Delhi, Delhi, India | |||
| Joy's the Beach Resort Private Limited | ₹45.84 Cr (FY 2024) | 1.0% | Puducherry, India | |||
| Piccadily Holiday Resorts Limited | ₹45.64 Cr (FY 2025) | -2.0% | New Delhi, Delhi, India | |||
| Valar Hotels & Resorts Private Limited | ₹45.53 Cr (FY 2024) | 53.0% | Coimbatore, Tamil Nadu, India | |||
| N.I. Ventures Private Limitedthis company | ₹45.53 Cr (FY 2024) | ₹1.13 Cr | 2.5% | 13.0% | 98 | Belgaum, Karnataka, India |
| Goverdhandham Estate Private Limited | ₹45.23 Cr (FY 2025) | 5.0% | Rajasthan, India | |||
| Golden Triangle Fort and Palace Private Limited | ₹45.07 Cr (FY 2024) | 29.0% | Jaipur, Rajasthan, India | |||
| Citadines Omr Aparthotel Private Limited | ₹44.89 Cr (FY 2025) | 12.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of N.I. Ventures Private Limited, buy the company report.
Auditor
N.I. Ventures Private Limited is audited by Paranjape Phadnis and Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Paranjape Phadnis and Co | FY 2023 | 009017S |
Shareholding
The shareholding of N.I. Ventures Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of N.I. Ventures Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.21 Cr
Satisfied charges
₹9.77 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2025 | 101148394 | Others | ₹94 Lakh | Open | |
| 02 Feb 2024 | 100872419 | Others | ₹10 Lakh | Open | |
| 08 Nov 2022 | 100646857 | Others | ₹10.3 Lakh | Open | |
| 08 Nov 2022 | 100646865 | Others | ₹6.48 Lakh | Open | |
| 01 Aug 2023 | 100754468 | Others | ₹89 Lakh | Satisfied |
To see the full charge records of N.I. Ventures Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
N.I. Ventures Private Limited has 2 court cases on record: 1 filed by N.I. Ventures, 1 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of N.I. Ventures 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 N.I. Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
N.I. Ventures Private Limited has a workforce of 98 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
98
Active EPFO establishments
1
Employee growth
20.99%
GST
N.I. Ventures has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCN7643A1ZH | Karnataka | Active | 17 Oct 2017 |
| 27AAFCN7643A1ZL | Maharashtra | Active | 09 Oct 2017 |
To see the full GST registrations and return filing status of N.I. Ventures Private Limited, buy the company report.
Recent activity
N.I. Ventures Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Irshad Abdulsalam Soudagar was appointed as Director on 31 Aug 2017.
AGM
N.I. Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 01 Aug 2023 via Charge ID 100754468 with Others was fully satisfied on 21 May 2025.
Charges
A charge registered on 07 Mar 2020 via Charge ID 100331579 with Others was fully satisfied on 21 May 2025.
Filing
N.I. Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 0.94 Cr with Charge ID 101148394 was registered on 27 Mar 2025.
Charges
A charge with Others amounted to Rs. 0.10 Cr with Charge ID 100872419 was registered on 02 Feb 2024.
Charges
A charge with Others amounted to Rs. 0.89 Cr with Charge ID 100754468 was registered on 01 Aug 2023.
Charges
A charge with Others amounted to Rs. 0.10 Cr with Charge ID 100646857 was registered on 08 Nov 2022.
Charges
A charge with Others amounted to Rs. 0.06 Cr with Charge ID 100646865 was registered on 08 Nov 2022.
Charges
A charge with Others of Rs. 6.48 Cr registered on 07 Mar 2020 with Charge ID 100331579 was modified on 23 Dec 2020.
Charges
A charge with Others amounted to Rs. 6.48 Cr with Charge ID 100331579 was registered on 07 Mar 2020.
Charges
A charge registered on 12 Nov 2019 via Charge ID 100309642 with Others was fully satisfied on 04 Mar 2020.
6 earlier events are in the company report.
Frequently asked questions
N.I. Ventures is an active private limited company based in Belgaum, Karnataka, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 31 August 2017 (9+ years old) and is registered under CIN U74900KA2017PTC106021.
N.I. Ventures has 2 current directors:
- Irshad Abdulsalam Soudagar - Director
- Niyaz Abdulsalam Soudagar - Director
The latest financial statements of N.I. Ventures 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 FY 2018 are in the company report.
The GSTIN of N.I. Ventures is 29AAFCN7643A1ZH, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAFCN7643A1ZL (Maharashtra).
The CIN (Corporate Identification Number) of N.I. Ventures is U74900KA2017PTC106021. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
N.I. Ventures has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
N.I. Ventures was incorporated on 31 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of N.I. Ventures by revenue are Forest Friendly Camps Private Limited, Joy's the Beach Resort Private Limited, Piccadily Holiday Resorts Limited, Valar Hotels & Resorts Private Limited, Goverdhandham Estate Private Limited and 2 more, all in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Irshad Abdulsalam Soudagar was appointed as Director on 31 Aug 2017. Niyaz Abdulsalam Soudagar was appointed as Director on 31 Aug 2017.
Yes, N.I. Ventures is registered as a small enterprise under Udyam registration (number: UDYAM-KR-04-0006540).
N.I. Ventures can be reached through the website niyaaz.in. Its registered office is in Belgaum, Karnataka, India.