Niib Foundation
About Niib Foundation
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Niib Foundation is a private not for profit company based in Mumbai, Maharashtra, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 04 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016NPL283236.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sunil Kishanlal Soi and Garima Sunil Soi.
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 F – 112 – 114 Plot – 40 Shilpin Centre G.D. Ambekar Marg, Mumbai, Maharashtra, India – 400031.
As per the financials filed for FY 2024, the company reported a revenue of ₹10,000. For the same year it recorded a net loss of ₹6,953 (net margin -69.5%) and EBITDA of -₹5,948 (EBITDA margin -59.5%).
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressF – 112 – 114 Plot – 40 Shilpin Centre G.D. Ambekar Marg, Mumbai, Maharashtra, India – 400031
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management, Business Process Outsourcing
- 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
Financials of Niib Foundation FY 2025 filings available
Niib Foundation reported revenue of ₹10,000 for FY 2024.
Financial Statement Summary of Niib Foundation
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| 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 | -₹5,948 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6,953 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Niib Foundation
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -59.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -69.5% | •••• | •••• | •••• | •••• |
| 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 Niib Foundation are in the company report.
Financial statements from FY 2017
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 Niib Foundation
Niib Foundation is compared with the companies closest to it by revenue in the Outsourcing industry (Diversified BPO, HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| First Ray Software Solutions Private Limited | ₹10,100 (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Velaga Soft Solutions Private Limited | ₹10,023 (FY 2022) | •••• | •••• | -100.0% | •••• | Hyderabad, Telangana, India |
| Reverence Technologies Private Limited | ₹10,002 (FY 2025) | •••• | •••• | •••• | Noida, Uttar Pradesh, India | |
| Niib Foundation this company | ₹10,000 (FY 2024) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Matrix Ascentech Private Limited | ₹10,000 (FY 2018) | •••• | •••• | -99.0% | •••• | Kalyan, Maharashtra, India |
| Beltech Vision Private Limited | ₹10,000 (FY 2024) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Ifcon Services Private Limited | ₹10,000 (FY 2024) | •••• | •••• | -100.0% | •••• | Ahmedabad, Gujarat, India |
| Mysungrass Private Limited | ₹10,000 (FY 2024) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| PRL Ventures Private Limited | ₹10,000 (FY 2024) | •••• | •••• | •••• | Dhanbad, Jharkhand, India | |
| Windminds Solutions Private Limited | ₹10,000 (FY 2024) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| VCM Technologies Private Limited | ₹10,000 (FY 2024) | •••• | •••• | •••• | Guntur, Andhra Pradesh, India |
Peers are the five companies nearest above and the five nearest below Niib Foundation by revenue in the Outsourcing industry (Diversified BPO, HR Outsourcing), 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 Niib Foundation
Niib Foundation is audited by KALYANJAIN&Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KALYANJAIN&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 Niib Foundation
Niib Foundation has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Kishanlal Soi Also directs: One Sygnia Solutions LLP, Kings of Diamond Sports Private Limited, JMD Artec Private Limited and 5 more | Director | 04 Jul 2016 | 10 Years 3 Months | Current |
| Garima Sunil Soi Also directs: Kings of Diamond Sports Private Limited, JMD Artec Private Limited, GKG Hotels and Restaurant Private Limited and 2 more | Director | 01 Mar 2021 | 5 Years 7 Months | Current |
| Kunal Sunil Soi Also directs: One Sygnia Solutions LLP, Kings of Diamond Sports Private Limited, JMD Artec Private Limited and 4 more | Director | 01 Mar 2021 | 5 Years 7 Months | Current |
Ownership and Shareholding of Niib Foundation
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 Niib Foundation
Niib Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Niib Foundation
Employment history and EPFO contributions of people linked to Niib Foundation.
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 Niib Foundation
Niib Foundation has 6 board changes on record since 2016: 3 appointments and 3 cessations. The latest: Garima Sunil Soi ceased to be Additional Director on 30 Nov 2021.
Credit Ratings, Litigation & Regulatory Alerts for Niib Foundation
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 Niib Foundation
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 Niib Foundation
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 Niib Foundation
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 Niib Foundation
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 Niib Foundation
Niib Foundation is an active private not for profit company based in Mumbai, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 04 July 2016 (10+ years old) and is registered under CIN U74999MH2016NPL283236.
Niib Foundation reported revenue of ₹10,000 for FY 2024.
Niib Foundation has 3 current directors:
- Sunil Kishanlal Soi - Director
- Garima Sunil Soi - Director
- Kunal Sunil Soi - Director
Niib Foundation reported a net loss of ₹6,953 (net margin -69.5%) and EBITDA of -₹5,948 (EBITDA margin -59.5%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Niib Foundation is U74999MH2016NPL283236. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Niib Foundation was incorporated on 04 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Niib Foundation by revenue are First Ray Software Solutions Private Limited, Velaga Soft Solutions Private Limited, Reverence Technologies Private Limited, Matrix Ascentech Private Limited, Beltech Vision Private Limited and 5 more, all in the Outsourcing industry (Diversified BPO, HR Outsourcing).
Garima Sunil Soi ceased to be Additional Director on 30 Nov 2021. Kunal Sunil Soi ceased to be Additional Director on 30 Nov 2021. Garima Sunil Soi was appointed as Director on 01 Mar 2021. Niib Foundation has 6 board changes on record in total.
The registered office of Niib Foundation is at F – 112 – 114 Plot – 40 Shilpin Centre G.D. Ambekar Marg, Mumbai, Maharashtra, India – 400031.
Niib Foundation has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Niib Foundation operates in the business outsourcing industry, in the HR outsourcing and talent management segment.