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 3 cases involving the company, including 2 filed by the company and 1 filed against it; 2 cases are 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 of N.I. Ventures Private Limited
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
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressCts No. 4697/B Opp. Market Police Station Old P.B. Road, Belgaum, Karnataka, India – 590002
- IndustryTravel and Hospitality, Hotel & Accommodation Services
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Business Activity of N.I. Ventures Private Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
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Financials of N.I. Ventures Private Limited FY 2025 filings available
N.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) of N.I. Ventures Private Limited
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 of N.I. Ventures 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 | ₹4.23 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.13 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 N.I. Ventures Private Limited
| 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) | •••• | •••• | •••• | •••• | •••• |
| 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 N.I. Ventures are in the company report.
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Financial statements from FY 2018
Earlier years and trend charts are in the company report.
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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 of N.I. Ventures Private Limited
N.I. Ventures Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Hotels). Net profit, margin and employee counts of each company are in the company report.
| 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 |
| Shree Venkys Hospitality Services Private Limited | ₹45.85 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Silvassa, Dadra and Nagar Haveli, 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 Limited this company | ₹45.53 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | 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 |
| Effingut Breweries Private Limited | ₹44.86 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Pune, Maharashtra, India |
| Bluedove Hospitality Private Limited | ₹44.81 Cr (FY 2025) | •••• | •••• | 393.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below N.I. Ventures by revenue in the Consumer Services industry (Hotels), 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 N.I. Ventures Private Limited
N.I. Ventures Private Limited is audited by Paranjape Phadnis and Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Paranjape Phadnis and Co | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of N.I. Ventures 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 N.I. Ventures Private Limited
Open charges
₹1.21 Cr
Satisfied charges
₹9.77 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Mar 2025 | Others | ₹94 Lakh | Open |
| 02 Feb 2024 | Others | ₹10 Lakh | Open |
| 08 Nov 2022 | Others | ₹10.3 Lakh | Open |
| 08 Nov 2022 | Others | ₹6.48 Lakh | Open |
| 01 Aug 2023 | Others | ₹89 Lakh | Satisfied |
Total charge records: 8 View all charges
Legal Cases of N.I. Ventures Private Limited
N.I. Ventures Private Limited has 3 court cases on record: 2 filed by N.I. Ventures, 1 filed against it. 2 cases are pending and 1 is disposed. Status as checked between 29 Sep 2026 and 02 Oct 2026.
Total cases
3
Filed by the company
2
Filed against the company
1
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 2 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Central Provident Fund Commissioner | Pending |
| District court, BELAGAVI, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
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Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at N.I. Ventures Private Limited
N.I. Ventures Private Limited has a workforce of 98 employees as of Apr 08, 2024.
Employee count
98
Active EPFO establishments
1
Employee growth
20.99%
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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 N.I. Ventures Private Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for N.I. Ventures Private Limited
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MSME Payment Delays by N.I. Ventures Private Limited
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Subsidiaries & Group Companies of N.I. Ventures Private Limited
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Corporate group structure
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GST Compliance of N.I. Ventures Private Limited
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 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of N.I. Ventures Private Limited
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Frequently Asked Questions about N.I. Ventures Private Limited
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 reported revenue of ₹45.53 Cr for FY 2024 (up 13% YoY).
N.I. Ventures has 2 current directors:
- Irshad Abdulsalam Soudagar - Director
- Niyaz Abdulsalam Soudagar - Director
N.I. Ventures reported a net profit of ₹1.13 Cr (net margin 2.5%) and EBITDA of ₹4.23 Cr (EBITDA margin 9.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of N.I. Ventures is 26% over three years and 7% over five years. In the latest year (FY 2024) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.
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 3 court cases on record: 2 filed by the company and 1 filed against it. 2 are pending. Most are in the high 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, Shree Venkys Hospitality Services Private Limited, Joy's the Beach Resort Private Limited, Piccadily Holiday Resorts Limited, Valar Hotels & Resorts Private Limited and 5 more, all in the Consumer Services industry (Hotels).
Irshad Abdulsalam Soudagar was appointed as Director on 31 Aug 2017. Niyaz Abdulsalam Soudagar was appointed as Director on 31 Aug 2017.