About Nichi-In Software Solutions Private Limited
Data last updated:
Nichi-In Software Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Ndr Co Ltd. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 13 November 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA1997PTC023008. Its GSTIN is 29AABCN1033G1ZT (Karnataka).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.94 Cr. It is led by directors Shankara Narayana Giri (Managing Director) and Takatsugu Nagahara.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at # 813 100 Feet Ring Road Banashankari III Stage Hosakerehalli, Bangalore, Karnataka, India – 560085.
As per the financials filed for FY 2025, the company reported a revenue of ₹24.98 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹44.73 Lakh (net margin 1.8%) and EBITDA of ₹3.04 Cr (EBITDA margin 12.2%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 8% over five years.
The company has about 156 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: StayInSmart. As per MCA filings, the company has open charges of ₹4.99 Cr and satisfied charges of ₹1.5 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nichi.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address# 813 100 Feet Ring Road Banashankari III Stage Hosakerehalli, Bangalore, Karnataka, India – 560085
- 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
Business Activity of Nichi-In Software Solutions Private Limited
The main business activity of Nichi-In Software Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Nichi-In Software Solutions Private Limited FY 2025 filings available
Nichi-In Software Solutions Private Limited reported revenue of ₹24.98 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Nichi-In Software Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 12% growth in the latest year. EBITDA rose 52% 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 Nichi-In Software Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹3.04 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹44.73 Lakh | •••• | •••• | •••• | •••• |
| 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 Nichi-In Software Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.8% | •••• | •••• | •••• | •••• |
| 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 Nichi-In Software Solutions 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.
Peer Comparison of Nichi-In Software Solutions Private Limited
Nichi-In Software Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vervali Systems Private Limited | ₹25.04 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Vasai, Maharashtra, India |
| Ambit Software Private Limited | ₹25.02 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Pune, Maharashtra, India |
| Good and Kind Foods Private Limited | ₹25.02 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Chandigarh, India |
| Bluepi Consulting Private Limited | ₹25.02 Cr (FY 2025) | •••• | •••• | -45.0% | •••• | Gurgaon, Haryana, India |
| Construction Specialties International (India) Private Limited | ₹24.99 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Mumbai, Maharashtra, India |
| Nichi-In Software Solutions Private Limited this company | ₹24.98 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Bangalore, Karnataka, India |
| Micropro Software Solutions Limited | ₹24.88 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Nagpur, Maharashtra, India |
| Enviro Serve Private Limited | ₹24.87 Cr (FY 2023) | •••• | •••• | 31.0% | •••• | Bangalore, Karnataka, India |
| Raminfo Limited Listed | ₹24.83 Cr (FY 2025) | •••• | •••• | -71.0% | •••• | Hyderabad, Telangana, India |
| Atlas Systems Private Limited | ₹24.82 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Chennai, Tamil Nadu, India |
| Inteq Software Private Limited | ₹24.74 Cr (FY 2019) | •••• | •••• | 30.0% | •••• | Telangana, India |
Peers are the five companies nearest above and the five nearest below Nichi-In Software Solutions by revenue in the Information Technology industry (IT Consulting and Services), 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 Nichi-In Software Solutions Private Limited
Nichi-In Software Solutions Private Limited is audited by PANKAJ DHARAMSHI & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PANKAJ DHARAMSHI & 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.
Board of Directors of Nichi-In Software Solutions Private Limited
Nichi-In Software Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Takatsugu Nagahara | Director | 09 Mar 1998 | 28 Years 7 Months | Current |
| Shankara Narayana Giri Also directs: Cialfo Solutions Private Limited | Managing Director | 14 Nov 1997 | 28 Years 10 Months | Current |
Ownership and Shareholding of Nichi-In Software Solutions 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 Nichi-In Software Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Oct 2015 | Hdfc Bank Limited | ₹4.99 Cr | Open |
| 11 Nov 2011 | Canara Bank | ₹1.5 Cr | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Nichi-In Software Solutions Private Limited
Nichi-In Software Solutions Private Limited has 1 court case on record: 1 filed by Nichi-In Software Solutions. All case is disposed. Status as checked on 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Nichi-In Software Solutions Private Limited
Nichi-In Software Solutions operates one associated brand: StayInSmart. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IoT app enabling hotel guests to book rooms, check in remotely, and control appliances easily. | stayinsmart.com |
Employees and EPFO Compliance at Nichi-In Software Solutions Private Limited
Nichi-In Software Solutions Private Limited has a workforce of 156 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 Nichi-In Software Solutions Private Limited
Nichi-In Software Solutions Private Limited has 3 board changes on record since 1997: 2 appointments and 1 cessation. The latest: Madala Bapuji ceased to be Director on 31 May 2018.
Credit Ratings, Litigation & Regulatory Alerts for Nichi-In Software Solutions 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 Nichi-In Software Solutions 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 Nichi-In Software Solutions 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 Nichi-In Software Solutions Private Limited
Nichi-In Software Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCN1033G1ZT | Karnataka | Active | 01 Jul 2017 |
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 Nichi-In Software Solutions 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 Nichi-In Software Solutions Private Limited
Nichi-In Software Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 13 November 1997 (29+ years old) and is registered under CIN U72200KA1997PTC023008.
Nichi-In Software Solutions reported revenue of ₹24.98 Cr for FY 2025 (up 12% YoY).
Nichi-In Software Solutions has 2 current directors:
- Shankara Narayana Giri - Managing Director
- Takatsugu Nagahara - Director
Nichi-In Software Solutions reported a net profit of ₹44.73 Lakh (net margin 1.8%) and EBITDA of ₹3.04 Cr (EBITDA margin 12.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nichi-In Software Solutions is 7% over three years and 8% over five years. In the latest year (FY 2025) revenue rose 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nichi-In Software Solutions is 29AABCN1033G1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of Nichi-In Software Solutions is U72200KA1997PTC023008. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nichi-In Software Solutions has 1 court case on record: 1 filed by the company.
Nichi-In Software Solutions was incorporated on 13 November 1997, making it 29+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Nichi-In Software Solutions by revenue are Vervali Systems Private Limited, Ambit Software Private Limited, Good and Kind Foods Private Limited, Bluepi Consulting Private Limited, Construction Specialties International (India) Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Madala Bapuji ceased to be Director on 31 May 2018. Takatsugu Nagahara was appointed as Director on 09 Mar 1998. Shankara Narayana Giri was appointed as Managing Director on 14 Nov 1997.