About Nichepro Technologies Private Limited
Data last updated:
Nichepro Technologies Private Limited was a private limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Teamlease Staffing Services Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 25 June 2008.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2008PTC116062. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹14.97 Cr and a paid-up capital of ₹6.89 Cr. It was formerly known as Nichepro Staffing Private Limited and Nichepro Consulting Private Limited. It was led by directors including Sudhir Bahadur Bajpai and Shilpa Kamlesh Avarsekar.
Its last annual general meeting (AGM) was held on 22 August 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at #58 Karishma Building 3rd Floor Nungambakkam High Road, Chennai, Tamil Nadu, India – 600034.
As per the financials filed for FY 2017, the company reported a revenue of ₹23.24 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net loss of ₹3.2 Cr (net margin -13.8%) and EBITDA of -₹7.34 Cr (EBITDA margin -31.6%).
The company had about 161 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Nichepro Technologies. As per MCA filings, the company had satisfied charges of ₹7.55 Cr on record. The company has 3 deals on record (1 acquisition, 1 secondary share transfer, 1 funding round), with disclosed funding of ₹2.5 Cr; the latest was in December 2016. Its 10 peer companies in the same principal business activity (Computer programming, consultancy and related activities) are compared by revenue, 5 larger and 5 smaller; the largest is Neova Solutions Private Limited with revenue of ₹23.28 Cr.
The last known website on record is nicheprotechnologies.com.
Name History of Nichepro Technologies Private Limited
Nichepro Technologies has undergone 2 name changes throughout its history. The company was previously known as Nichepro Staffing Private Limited, and Nichepro Consulting Private Limited. The current legal name is Nichepro Technologies Private Limited.
| Company Name | Status |
|---|---|
| Nichepro Technologies Private Limited | Current |
| Nichepro Staffing Private Limited | Previous |
| Nichepro Consulting Private Limited | Previous |
CIN History of Nichepro Technologies Private Limited
Nichepro Technologies has one previous CIN (Corporate Identification Number): U72900KA2008PTC046896. The current CIN is U72900TN2008PTC116062, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900TN2008PTC116062 | Current |
| U72900KA2008PTC046896 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address#58 Karishma Building 3rd Floor Nungambakkam High Road, Chennai, Tamil Nadu, India – 600034
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Associated Brands with Nichepro Technologies Private Limited
Nichepro Technologies operates one associated brand: Nichepro Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Custom IT services including application development and testing are provided. | nicheprotechnologies.com |
Business Activity of Nichepro Technologies Private Limited
The main business activity of Nichepro Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Nichepro Technologies Private Limited FY 2017 filings available
Nichepro Technologies Private Limited reported revenue of ₹23.24 Cr (down 17% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR) of Nichepro Technologies Private Limited
Revenue fell 17% in the latest year. EBITDA fell 17% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Nichepro Technologies Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| 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 | -₹7.34 Cr | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.2 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 Nichepro Technologies Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -31.6% | •••• | •••• |
| Net Profit Margin | -13.8% | •••• | •••• |
| 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 Nichepro Technologies are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Nichepro Technologies Private Limited
Nichepro Technologies has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Bahadur Bajpai | Director | 01 Oct 2016 | 10 Years 0 Months | As last reported |
| Shilpa Kamlesh Avarsekar Also directs: National Employability Apprenticeship Services | Director | 01 Oct 2016 | 10 Years 0 Months | As last reported |
| Narayanaswamy Ravi Vishwanath Also directs: Rakksha Management Consultants LLP, Oceanic Sports Management LLP, Sri Vidya Mandir Education Foundation and 1 more | Director | 01 Oct 2016 | 10 Years 0 Months | As last reported |
| Ashok Kumar Nedurumalli Also directs: Ned Consultants LLP, Teamlease Services Limited, Dihea Products India Private Limited and 2 more | Director | 01 Oct 2016 | 10 Years 0 Months | As last reported |
Peer Comparison of Nichepro Technologies Private Limited
Nichepro Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Neova Solutions Private Limited | ₹23.28 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Pune, Maharashtra, India |
| Liftlab Analytics Private Limited | ₹23.27 Cr (FY 2025) | •••• | •••• | 79.0% | •••• | Hyderabad, Telangana, India |
| Ilantus Services Private Limited | ₹23.26 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Bangalore, Karnataka, India |
| Corent Technology Private Limited | ₹23.26 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Chennai, Tamil Nadu, India |
| Alept Consulting Private Limited | ₹23.25 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Delhi, India |
| Nichepro Technologies Private Limited this company | ₹23.24 Cr (FY 2017) | •••• | •••• | -17.0% | •••• | Chennai, Tamil Nadu, India |
| Kody Technolab Limited | ₹23.23 Cr (FY 2024) | •••• | •••• | 109.0% | •••• | Ahmedabad, Gujarat, India |
| Emvigo Technologies Private Limited | ₹23.22 Cr (FY 2024) | •••• | •••• | 45.0% | •••• | Ernakulam, Kerala, India |
| Sais IT Services India Private Limited | ₹23.17 Cr (FY 2024) | •••• | •••• | 30.0% | •••• | Hyderabad, Telangana, India |
| Adesso India Private Limited | ₹23.13 Cr (FY 2025) | •••• | •••• | 202.0% | •••• | Kanayannur, Kerala, India |
| Ember Technologies Private Limited | ₹23.12 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Nichepro Technologies by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 Nichepro Technologies Private Limited
Nichepro Technologies Private Limited is audited by Venugopal Bhat & Co. for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Venugopal Bhat & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Nichepro Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Nichepro Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Jan 2013 | Canara Bank | ₹40 Lakh | Satisfied |
| 24 Sep 2011 | Canara Bank | ₹5.45 Lakh | Satisfied |
| 25 Apr 2011 | Canara Bank | ₹60 Lakh | Satisfied |
| 30 Mar 2010 | Canara Bank | ₹6.5 Cr | Satisfied |
Total charge records: 4 View all charges
Deals & Funding of Nichepro Technologies Private Limited
Nichepro Technologies Private Limited has 3 deals on record (1 acquisition, 1 secondary share transfer, 1 funding round), with disclosed funding of ₹2.5 Cr; the latest was in December 2016.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2016 | Funding round | ₹2.5 Cr | Investors: Teamlease Digital Private Limited |
| Oct 2016 | Secondary share transfer | Undisclosed | Buyer: Teamlease Digital Private Limited Seller: 2 individuals |
| Mar 2015 | Acquisition | ₹13 Cr | Buyer: Canbank Ventures |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Nichepro Technologies Private Limited
Nichepro Technologies Private Limited has a workforce of 161 employees as of Apr 09, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Nichepro Technologies Private Limited
Nichepro Technologies Private Limited has 12 board changes on record since 2016: 4 appointments and 8 cessations. The latest: Ashok Kumar Nedurumalli ceased to be Additional Director on 29 Oct 2016.
12 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Nichepro Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Nichepro Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Nichepro Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Nichepro Technologies Private Limited
Nichepro Technologies has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Nichepro Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Nichepro Technologies Private Limited
Nichepro Technologies has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Nichepro Technologies was a private limited company based in Chennai, Tamil Nadu, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 25 June 2008 and is registered under CIN U72900TN2008PTC116062. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Nichepro Technologies was incorporated on 25 June 2008. It is registered with the Registrar of Companies, Chennai.
Nichepro Technologies had 4 directors:
- Sudhir Bahadur Bajpai - Director
- Shilpa Kamlesh Avarsekar - Director
- Narayanaswamy Ravi Vishwanath - Director
- Ashok Kumar Nedurumalli - Director
The CIN (Corporate Identification Number) of Nichepro Technologies is U72900TN2008PTC116062. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Nichepro Technologies is at #58 Karishma Building 3rd Floor Nungambakkam High Road, Chennai, Tamil Nadu, India – 600034.
Nichepro Technologies can be reached through the website nicheprotechnologies.com. Its registered office is in Chennai, Tamil Nadu, India.
Nichepro Technologies reported revenue of ₹23.24 Cr for FY 2017 (down 17% YoY).
Nichepro Technologies has an authorised share capital of ₹14.97 Cr and a paid-up capital of ₹6.89 Cr.
Nichepro Technologies reported a net loss of ₹3.2 Cr (net margin -13.8%) and EBITDA of -₹7.34 Cr (EBITDA margin -31.6%) for FY 2017, as per its filed financial statements.
No. Nichepro Technologies has 2 GST registrations on record and all of them are cancelled or inactive.