MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0026921
Nikirams Technologies Private Limited - consumer electronics & durables in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.63 Cr
▲ 198% YoY
Net loss · FY 2025
₹15 Lakh
Net margin -9.2%
EBITDA · FY 2025
-₹9.45 Lakh
EBITDA margin -5.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Satisfied charges
₹13.76 Cr
No open charges
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
About Nikirams Technologies Private Limited
Data last updated:
Nikirams Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 02 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC099573. Its GSTIN is 29AAFCN5437J1Z2 (Karnataka). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Deepak Kirtiray Dave and Madhav Ramachandra.
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 Ground Floor No. 4/7 – 1 Kings House Apartment Millers Road Vasanth Nagar, Bangalore, Karnataka, India – 560052.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.63 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹15 Lakh (net margin -9.2%) and EBITDA of -₹9.45 Lakh (EBITDA margin -5.8%). Revenue has declined at a compounded annual rate (CAGR) of 48% over three years and 24% over five years.
As per MCA filings, the company has satisfied charges of ₹13.76 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
Nikirams Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0026921). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nikirams.com.
Company details
CIN U74999KA2017PTC099573
Registration Number 099573
Incorporation Date 02 February 2017
ROC Bangalore
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-KR-03-0026921
Key People
Deepak Kirtiray Dave Director Madhav Ramachandra Director Jeetendra Chandrakant Nayak Director Recognitions & Rankings of Nikirams Technologies
Contact details
Nikirams Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is nikirams.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGround Floor No. 4/7 – 1 Kings House Apartment Millers Road Vasanth Nagar, Bangalore, Karnataka, India – 560052
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Nikirams Technologies Private Limited, buy the company report.
Comprehensive company report
Nikirams 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
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Business activity
The main business activity of Nikirams Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Nikirams Technologies Private Limited, buy the company report.
Financials of Nikirams Technologies Private Limited
FY 2025 filings availableNikirams Technologies Private Limited reported revenue of ₹1.63 Cr (up 198% YoY) for FY 2025.
Revenue · FY 2025
₹1.63 Cr ▲ 198%
Net loss · FY 2025
₹15 Lakh margin -9.2%
EBITDA · FY 2025
-₹9.45 Lakh margin -5.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 198%
3 years · compounded
▼ 48%
5 years · compounded
▼ 24%
EBITDA CAGR growth
1 year
▼ 258%
3 years · compounded
▼ 31%
5 years · compounded
▼ 57%
Revenue rose 198% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 24%. EBITDA fell 258% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | -₹9.45 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹15 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5.8% | ||||
| Net Profit Margin | -9.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Nikirams Technologies Private Limited, buy the company report.
Board of directors of Nikirams Technologies Private Limited
Nikirams Technologies has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Kirtiray Dave Also directs: Gbaoilfield Solutions Private Limited | Director | 20 Jul 2018 | 8 Years 3 Months | Current |
| Madhav Ramachandra Also directs: Gbaoilfield Solutions Private Limited, Semi Bulk India Pvt Ltd | Director | 02 Feb 2017 | 9 Years 9 Months | Current |
| Jeetendra Chandrakant Nayak Also directs: Fracwell Miners Private Limited, Minerva Auto Motors Private Limited, Ank Seals Private Limited and 3 more | Director | 09 Jul 2025 | 1 Years 3 Months | Current |
Auditor
Nikirams Technologies Private Limited is audited by LOKESH & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LOKESH & CO | FY 2021 | 018837S |
Shareholding
The shareholding of Nikirams Technologies Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Nikirams Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹13.76 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Nov 2019 | 100352301 | Others | ₹4.76 Cr | Satisfied | |
| 05 Nov 2018 | 100220662 | Others | ₹5 Cr | Satisfied | |
| 29 Mar 2018 | 100170772 | Others | ₹4 Cr | Satisfied |
To see the full charge records of Nikirams Technologies Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Nikirams Technologies Private Limited has 2 court cases on record: 2 filed by Nikirams Technologies. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Rke Technologies Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Rke Technologies Pvt Ltd | Disposed |
To see the full case history of Nikirams Technologies Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nikirams Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nikirams Technologies has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCN5437J1Z2 | Karnataka | Active | 01 Jul 2017 |
| 27AAFCN5437J1Z6 | Maharashtra | Active | 08 May 2018 |
To see the full GST registrations and return filing status of Nikirams Technologies Private Limited, buy the company report.
Recent activity
Nikirams Technologies Private Limited has 7 board changes on record since 2017: 3 appointments and 4 cessations. The latest: Jeetendra Chandrakant Nayak ceased to be Additional Director on 29 Sep 2025.
AGM
Nikirams Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Jeetendra Chandrakant Nayak ceased to be Additional Director.
Appointed
Jeetendra Chandrakant Nayak was appointed as Director.
Filing
Nikirams Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 14 Nov 2019 via Charge ID 100352301 with Others was fully satisfied on 05 Apr 2023.
Charges
A charge registered on 05 Nov 2018 via Charge ID 100220662 with Others was fully satisfied on 23 Jan 2020.
Charges
A charge registered on 29 Mar 2018 via Charge ID 100170772 with Others was fully satisfied on 23 Jan 2020.
Charges
A charge with Others amounted to Rs. 476.00 Lakh with Charge ID 100352301 was registered on 14 Nov 2019.
Ceased
Deepak Kirtiray Dave ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 100220662 was registered on 05 Nov 2018.
Charges
A charge with Others of Rs. 400.00 Lakh registered on 29 Mar 2018 with Charge ID 100170772 was modified on 20 Sep 2018.
Appointed
Deepak Kirtiray Dave was appointed as Director.
5 earlier events are in the company report.
Frequently asked questions
Nikirams Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 02 February 2017 (9+ years old) and is registered under CIN U74999KA2017PTC099573.
Nikirams Technologies has 3 current directors:
- Deepak Kirtiray Dave - Director
- Madhav Ramachandra - Director
- Jeetendra Chandrakant Nayak - Director
The latest financial statements of Nikirams 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 FY 2017 are in the company report.
The GSTIN of Nikirams Technologies is 29AAFCN5437J1Z2, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAFCN5437J1Z6 (Maharashtra).
The CIN (Corporate Identification Number) of Nikirams Technologies is U74999KA2017PTC099573. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nikirams Technologies has 2 court cases on record: 2 filed by the company.
Nikirams Technologies was incorporated on 02 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Jeetendra Chandrakant Nayak ceased to be Additional Director on 29 Sep 2025. Jeetendra Chandrakant Nayak was appointed as Director on 09 Jul 2025. Deepak Kirtiray Dave ceased to be Additional Director on 28 Dec 2018. Nikirams Technologies has 7 board changes on record in total.
Yes, Nikirams Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0026921).
Nikirams Technologies can be reached through the website nikirams.com. Its registered office is in Bangalore, Karnataka, India.
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