Nice Initiatives LLP
About Nice Initiatives LLP
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Nice Initiatives LLP is a limited liability partnership (LLP) based in Chennai, Tamil Nadu, India. It operates in the agricultural support and advisory segment of the agriculture sector. It was incorporated on 31 August 2016 and has been in existence for over 10 years.
The LLP is registered with the Registrar of Companies (ROC), Chennai, under LLPIN AAH-2667. Its GSTIN is 33AANFN2296G1Z3 (Tamil Nadu).
The LLP has a total obligation of contribution of ₹1.1 Lakh. It is led by designated partners Baskaran Rekhasrinivasan and Venkatraman Srinivasan.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at No. 6/99 Sundaram Street Chinamayanagar Stage – I, Chennai, Tamil Nadu, India – 600092.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹49.74 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.56 Lakh (net margin 3.1%) and EBITDA of ₹1.73 Lakh (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 70% over three years.
Company details
Contact details
Nice Initiatives LLP's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressNo. 6/99 Sundaram Street Chinamayanagar Stage – I, Chennai, Tamil Nadu, India – 600092
- IndustryAgriculture, Agri Support Services
To see the full contact details of Nice Initiatives LLP, buy the company report.
- 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
Financials of Nice Initiatives LLP
FY 2025 filings availableNice Initiatives LLP reported revenue of ₹49.74 Lakh (up 1013% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 70% over three years. 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
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profit After Tax | ₹1.56 Lakh | ||||
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Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Net Profit Margin | 3.1% | ||||
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To see the full financial statements and ratios of Nice Initiatives LLP, buy the company report.
Designated partners of Nice Initiatives LLP
Nice Initiatives has 2 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Baskaran Rekhasrinivasan | Designated Partner | 31 Aug 2016 | 10 Years 2 Months | Current |
| Venkatraman Srinivasan Also directs: Analog Nanotech Private Limited | Designated Partner | 14 Jul 2017 | 9 Years 3 Months | Current |
Legal cases
No court or tribunal cases involving Nice Initiatives LLP 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 Nice Initiatives LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nice Initiatives has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AANFN2296G1Z3 | Tamil Nadu | Active | 04 Sep 2018 |
To see the full GST registrations and return filing status of Nice Initiatives LLP, buy the company report.
Recent activity
Nice Initiatives LLP has 2 designated partner changes on record since 2016: 2 appointments. The latest: Venkatraman Srinivasan was appointed as Designated Partner on 14 Jul 2017.
Frequently asked questions
Nice Initiatives is an active limited liability partnership based in Chennai, Tamil Nadu, India. The LLP works in agri support services, within the agriculture industry. It was incorporated on 31 August 2016 (10+ years old) and is registered under LLPIN AAH-2667.
Nice Initiatives has 2 current designated partners:
- Baskaran Rekhasrinivasan - Designated Partner
- Venkatraman Srinivasan - Designated Partner
The latest financial statements of Nice Initiatives on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Nice Initiatives is 33AANFN2296G1Z3, registered in Tamil Nadu.
The LLPIN (Limited Liability Partnership Identification Number) of Nice Initiatives is AAH-2667. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Nice Initiatives was incorporated on 31 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chennai.
Venkatraman Srinivasan was appointed as Designated Partner on 14 Jul 2017. Baskaran Rekhasrinivasan was appointed as Designated Partner on 31 Aug 2016.
The registered office of Nice Initiatives is at No. 699 Sundaram Street Chinamayanagar Stage – I, Chennai, Tamil Nadu, India – 600092.
Nice Initiatives operates in the agriculture industry, in the agri support services segment.
Nice Initiatives can be reached at its registered office: No. 699 Sundaram Street Chinamayanagar Stage – I, Chennai, Tamil Nadu, India – 600092.
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