DPIIT recognised startup Government of India
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Niam Ventures Private Limited
Niam Ventures Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹37.22 Lakh
▼ 86% YoY
Net profit · FY 2022
₹1.51 Lakh
Net margin 4.1%
EBITDA · FY 2022
₹2.54 Lakh
EBITDA margin 6.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered
About Niam Ventures Private Limited
Data last updated:
Niam Ventures Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 29 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U71290KA2018PTC115792. Its GSTIN is 29AAGCN1779C1ZB (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Praveen Rangaraju and Ambika Ranappa.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at No. 322 3rd Floor 9th Cross Saraswathipuram Nandini Layout, Bangalore, Karnataka, India – 560096.
As per the financials filed for FY 2022, the company reported a revenue of ₹37.22 Lakh, a decline of 86% compared to the previous year. For the same year it recorded a net profit of ₹1.51 Lakh (net margin 4.1%) and EBITDA of ₹2.54 Lakh (EBITDA margin 6.8%).
Niam Ventures Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0248809).
Company details
CIN U71290KA2018PTC115792
Registration Number 115792
Incorporation Date 29 August 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0248809
Key People
Rangappa Bhagyalakshmi Additional Director Rangaraju Vinay Additional Director Praveen Rangaraju Director Recognitions & Rankings of Niam Ventures
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0248809
Contact details
Niam Ventures Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo. 322 3rd Floor 9th Cross Saraswathipuram Nandini Layout, Bangalore, Karnataka, India – 560096
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Niam Ventures Private Limited, buy the company report.
Comprehensive company report
Niam 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 Niam Ventures is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Niam Ventures Private Limited, buy the company report.
Financials of Niam Ventures Private Limited
FY 2022 filings availableNiam Ventures Private Limited reported revenue of ₹37.22 Lakh (down 86% YoY) for FY 2022.
Revenue · FY 2022
₹37.22 Lakh ▼ 86%
Net profit · FY 2022
₹1.51 Lakh margin 4.1%
EBITDA · FY 2022
₹2.54 Lakh margin 6.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 86%
EBITDA CAGR growth
1 year
▼ 84%
3 years · compounded
▲ 62%
Revenue fell 86% in the latest year. EBITDA fell 84% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
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| Depreciation and Amortisation | ||||
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| Total Expenses | ||||
| EBITDA | ₹2.54 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.51 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
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| Trade Payables | ||||
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| Fixed Assets | ||||
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| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 6.8% | |||
| Net Profit Margin | 4.1% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Niam Ventures Private Limited, buy the company report.
Board of directors of Niam Ventures Private Limited
Niam Ventures has 4 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 |
|---|---|---|---|---|
| Rangappa Bhagyalakshmi | Additional Director | 10 Feb 2022 | 4 Years 8 Months | Current |
| Rangaraju Vinay | Additional Director | 10 Feb 2022 | 4 Years 8 Months | Current |
| Praveen Rangaraju Also directs: Vphy Ventures Private Limited | Director | 29 Aug 2018 | 8 Years 1 Months | Current |
| Ambika Ranappa | Director | 29 Aug 2018 | 8 Years 1 Months | Current |
Legal cases
No court or tribunal cases involving Niam Ventures Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Niam Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Niam Ventures has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCN1779C1ZB | Karnataka | Active | 26 Dec 2018 |
To see the full GST registrations and return filing status of Niam Ventures Private Limited, buy the company report.
Recent activity
Niam Ventures Private Limited has 7 board changes on record since 2018: 4 appointments and 3 cessations. The latest: Channaiah Shashidhara ceased to be Director on 10 Feb 2022.
AGM
Niam Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Niam Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
Ceased
Channaiah Shashidhara ceased to be Director.
Appointed
Rangappa Bhagyalakshmi was appointed as Additional Director.
Appointed
Rangaraju Vinay was appointed as Additional Director.
Ceased
Shivashankar Channaiah ceased to be Director.
Ceased
Doddaiah Channaiha ceased to be Additional Director.
Appointed
Ambika Ranappa was appointed as Director.
Appointed
Praveen Rangaraju was appointed as Director.
Incorporation
29 Aug 2018
Niam Ventures Private Limited was registered on 29 Aug 2018 with Roc Bangalore & aged 8 years 2 months as per MCA records.
Frequently asked questions
Niam Ventures is an active private limited company based in Bangalore, Karnataka, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 29 August 2018 (8+ years old) and is registered under CIN U71290KA2018PTC115792.
Niam Ventures has 4 current directors:
- Rangappa Bhagyalakshmi - Additional Director
- Rangaraju Vinay - Additional Director
- Praveen Rangaraju - Director
- Ambika Ranappa - Director
The latest financial statements of Niam Ventures on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Niam Ventures is 29AAGCN1779C1ZB, registered in Karnataka.
The CIN (Corporate Identification Number) of Niam Ventures is U71290KA2018PTC115792. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Niam Ventures was incorporated on 29 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Channaiah Shashidhara ceased to be Director on 10 Feb 2022. Rangappa Bhagyalakshmi was appointed as Additional Director on 10 Feb 2022. Rangaraju Vinay was appointed as Additional Director on 10 Feb 2022. Niam Ventures has 7 board changes on record in total.
Yes, Niam Ventures is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Niam Ventures is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0248809).
The registered office of Niam Ventures is at No. 322 3rd Floor 9th Cross Saraswathipuram Nandini Layout, Bangalore, Karnataka, India – 560096.