MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0052383
Nibaara Technologies Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.25 Cr
▼ 39% YoY
Net loss · FY 2024
₹2.85 Lakh
Net margin -2.3%
EBITDA · FY 2024
₹56,786
EBITDA margin 0.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Employees · EPFO
1
Provident fund records
Directors on board
2
As per MCA filings
About Nibaara Technologies Private Limited
Data last updated:
Nibaara Technologies Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 23 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74900TN2013PTC094295. Its GSTIN is 33AAJCM0142R1ZA (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Merge Business Solutions Private Limited. It is led by directors Shanthi Sukumar and Gopalaswamy Govindharajan.
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 66 U.R Nagar Extension Annanagar West Extension, Chennai, Tamil Nadu, India – 600101.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.25 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net loss of ₹2.85 Lakh (net margin -2.3%) and EBITDA of ₹56,786 (EBITDA margin 0.5%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
Nibaara Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0052383). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nibaara.com.
Company details
CIN U74900TN2013PTC094295
Registration Number 094295
Incorporation Date 23 December 2013
ROC Chennai
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-TN-02-0052383
Recognitions & Rankings of Nibaara Technologies
Contact details
Nibaara Technologies Private Limited's registered office is in Chennai, Tamil Nadu. Its website is nibaara.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo 66 U.R Nagar Extension Annanagar West Extension, Chennai, Tamil Nadu, India – 600101
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Nibaara Technologies Private Limited, buy the company report.
Comprehensive company report
Nibaara Technologies 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Nibaara Technologies is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Nibaara Technologies Private Limited, buy the company report.
Financials of Nibaara Technologies Private Limited
FY 2025 filings availableNibaara Technologies Private Limited reported revenue of ₹1.25 Cr (down 39% YoY) for FY 2024.
Revenue · FY 2024
₹1.25 Cr ▼ 39%
Net loss · FY 2024
₹2.85 Lakh margin -2.3%
EBITDA · FY 2024
₹56,786 margin 0.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 39%
3 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▼ 94%
3 years · compounded
▼ 29%
Revenue fell 39% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 94% 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 | ₹56,786 | ||||
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| Net Profit (PAT) | -₹2.85 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 0.5% | ||||
| Net Profit Margin | -2.3% | ||||
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To see the full financial statements and ratios of Nibaara Technologies Private Limited, buy the company report.
Board of directors of Nibaara Technologies Private Limited
Nibaara Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shanthi Sukumar Also directs: Mailam Properties Private Limited | Director | 23 Dec 2013 | 12 Years 10 Months | Current |
| Gopalaswamy Govindharajan | Director | 29 Sep 2018 | 8 Years 0 Months | Current |
Peer comparison
Nibaara Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Madachem Bat Mines Private Limited | ₹1.26 Cr (FY 2025) | 754.0% | Goa, India | |||
| Growth Hawk Private Limited | ₹1.26 Cr (FY 2023) | 38.0% | Bangalore, Karnataka, India | |||
| Talentouch Corporate Services Private Limited | ₹1.26 Cr (FY 2024) | -30.0% | Hyderabad, Telangana, India | |||
| HR Remedy India Private Limited | ₹1.26 Cr (FY 2025) | 60.0% | Pune, Maharashtra, India | |||
| Cherish HR Services Private Limited | ₹1.25 Cr (FY 2024) | -4.0% | Hyderabad, Telangana, India | |||
| Nibaara Technologies Private Limitedthis company | ₹1.25 Cr (FY 2024) | -₹2.85 Lakh | -2.3% | -39.0% | 1 | Chennai, Tamil Nadu, India |
| Leadinglight People Services Private Limited | ₹1.24 Cr (FY 2025) | 57.0% | Bangalore, Karnataka, India | |||
| MTK Technologies Private Limited | ₹1.24 Cr (FY 2025) | -46.0% | Noida, Uttar Pradesh, India | |||
| I Prompt Facility Management Services Private Limited | ₹1.24 Cr (FY 2025) | -30.0% | Chennai, Tamil Nadu, India | |||
| Four Squire Security Private Limited | ₹1.24 Cr (FY 2025) | -3.0% | Noida, Uttar Pradesh, India | |||
| Xapsol Xtramile People Solution Private Limited | ₹1.24 Cr (FY 2024) | 6.0% | Mira Road, Thane (E), Maharashtra, India |
To see the full peer comparison of Nibaara Technologies Private Limited, buy the company report.
Auditor
Nibaara Technologies Private Limited is audited by RAGHAVENDRA & VINOD for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAGHAVENDRA & VINOD | FY 2020 | 009507S |
Shareholding
The shareholding of Nibaara Technologies Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Nibaara Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nibaara Technologies 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 Nibaara Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nibaara Technologies Private Limited has a workforce of 1 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
1
Active EPFO establishments
1
Employee growth
-50%
GST
Nibaara Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCM0142R1ZA | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nibaara Technologies Private Limited, buy the company report.
Recent activity
Nibaara Technologies Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Raghavendra Kumar Sunitha ceased to be Director on 10 Dec 2018.
AGM
Nibaara Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Nibaara Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Ceased
Raghavendra Kumar Sunitha ceased to be Director.
Appointed
Gopalaswamy Govindharajan was appointed as Director.
Ceased
Sukumar Govindharajan ceased to be Managing Director.
Appointed
Shanthi Sukumar was appointed as Director.
Incorporation
23 Dec 2013
Nibaara Technologies Private Limited was registered on 23 Dec 2013 with Roc Chennai & aged 12 years 10 months as per MCA records.
Frequently asked questions
Nibaara Technologies is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 23 December 2013 (13+ years old) and is registered under CIN U74900TN2013PTC094295.
Nibaara Technologies has 2 current directors:
- Shanthi Sukumar - Director
- Gopalaswamy Govindharajan - Director
The latest financial statements of Nibaara Technologies 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 2015 are in the company report.
The GSTIN of Nibaara Technologies is 33AAJCM0142R1ZA, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Nibaara Technologies is U74900TN2013PTC094295. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nibaara Technologies was incorporated on 23 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Nibaara Technologies by revenue are Madachem Bat Mines Private Limited, Growth Hawk Private Limited, Talentouch Corporate Services Private Limited, HR Remedy India Private Limited, Cherish HR Services Private Limited and 5 more, all in the same principal business activity (placement agencies and hr management services).
Raghavendra Kumar Sunitha ceased to be Director on 10 Dec 2018. Gopalaswamy Govindharajan was appointed as Director on 29 Sep 2018. Sukumar Govindharajan ceased to be Managing Director on 24 Aug 2018. Nibaara Technologies has 4 board changes on record in total.
Yes, Nibaara Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0052383).
Nibaara Technologies can be reached through the website nibaara.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Nibaara Technologies is at No 66 U.R Nagar Extension Annanagar West Extension, Chennai, Tamil Nadu, India – 600101.