Ninjacart Services Private Limited

Ninjacart Services Private Limited - agriculture in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U74110KA2021PTC175360 Incorporated 04 January 2021 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company agriculture DPIIT Startup
Data last updated
Revenue · FY 2025
₹14.53 Cr
▲ 92% YoY
Net loss · FY 2025
₹15.73 Cr
Net margin -108.2%
EBITDA · FY 2025
-₹11.35 Cr
EBITDA margin -78.1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹3.33 Cr
Satisfied ₹2 Cr
Company age
5 yrs
Est. 2021
Employees · EPFO
69
Provident fund records

About Ninjacart Services Private Limited

Data last updated:

Ninjacart Services Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of 63Ideas Infolabs Private Limited and recognised as a startup by DPIIT. It operates in the agricultural support and advisory segment of the agriculture sector. It was incorporated on 04 January 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74110KA2021PTC175360. Its GSTIN is 27AAICK5370L1Z2 (Maharashtra).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Kamg Kisaan Utpadak Private Limited. It is led by directors including Harish Swaminathan and Raja Naveena.

Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Indiqube Helios Business Park, Bangalore, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹14.53 Cr, a growth of 92% compared to the previous year. For the same year it recorded a net loss of ₹15.73 Cr (net margin -108.2%) and EBITDA of -₹11.35 Cr (EBITDA margin -78.1%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years.

The company has about 69 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Ninjacart. As per MCA filings, the company has open charges of ₹3.33 Cr and satisfied charges of ₹2 Cr on record. Court records list 780 cases involving the company, including 769 filed by the company and 11 filed against it; 192 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ninjacartservices.com.

Company details

CIN U74110KA2021PTC175360
Registration Number 175360
Incorporation Date 04 January 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
Parent Company 63Ideas Infolabs Private Limited
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup

CIN history

Ninjacart Services has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74110KA2021PTC175360, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74110KA2021PTC175360Current
U74110MH2021PTC352937Previous
U51909MH2021PTC352937Previous

Recognitions & Rankings of Ninjacart Services

DPIIT recognised startup Government of India
Startup India

Contact details

Ninjacart Services Private Limited's registered office is in Bangalore, Karnataka. Its website is ninjacartservices.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Indiqube Helios Business Park, Tower – E Second Floor Seat No 490 Chandana Kadubeesanahalli Bengaluru, Bangalore, Karnataka, India – 560103
  • Industry
    Agriculture, Agri Support Services

To see the full contact details of Ninjacart Services Private Limited, buy the company report.

Comprehensive company report
Ninjacart Services 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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Brands

Ninjacart Services operates one associated brand: Ninjacart. Each brand links to its own profile.

BrandDescriptionWebsite
B2B platform offering vegetables and fruitsninjacart.com

Business activity

The main business activity of Ninjacart Services is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK7Financial Advisory, brokerage and Consultancy Services

To see the full business activity and turnover split of Ninjacart Services Private Limited, buy the company report.

Financials of Ninjacart Services Private Limited

FY 2025 filings available

Ninjacart Services Private Limited reported revenue of ₹14.53 Cr (up 92% YoY) for FY 2025.

Revenue · FY 2025
₹14.53 Cr ▲ 92%
Net loss · FY 2025
₹15.73 Cr margin -108.2%
EBITDA · FY 2025
-₹11.35 Cr margin -78.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 92%
3 years · compounded
▼ 32%
EBITDA CAGR growth
3 years · compounded
▼ 143%

Revenue rose 92% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 32%. 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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-₹11.35 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹15.73 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-78.1%
Net Profit Margin-108.2%
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

To see the full financial statements and ratios of Ninjacart Services Private Limited, buy the company report.

Board of directors of Ninjacart Services Private Limited

Ninjacart Services has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Harish SwaminathanDirector27 Jan 20215 Years 8 MonthsCurrent
Raja NaveenaDirector27 Jan 20215 Years 8 MonthsCurrent
Chinnathambi VasudevanDirector19 Sep 20224 Years 1 MonthsCurrent

Auditor

Ninjacart Services Private Limited is audited by Tejus and Ravikiran for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Tejus and RavikiranFY 2023013418S

Shareholding

The shareholding of Ninjacart Services Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ninjacart Services Private Limited, buy the company report.

Charges & borrowings

Open charges
₹3.33 Cr
Satisfied charges
₹2 Cr
Breakdown by lending institutions
Others₹3.33 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Jul 2024100988774Others₹2.63 CrOpen
03 Apr 2024100939255Others₹70 LakhOpen
27 Mar 2023100717271Others₹2 CrSatisfied

To see the full charge records of Ninjacart Services Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ninjacart Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Ninjacart Services Private Limited has a workforce of 69 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
69
Active EPFO establishments
1
Employee growth
64.29%

GST

Ninjacart Services has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAICK5370L1Z2MaharashtraActive05 Feb 2021

To see the full GST registrations and return filing status of Ninjacart Services Private Limited, buy the company report.

Recent activity

Ninjacart Services Private Limited has 7 board changes on record since 2021: 5 appointments and 2 cessations. The latest: Chinnathambi Vasudevan was appointed as Director on 19 Sep 2022.

AGM
Ninjacart Services Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 262.76 Lakh registered on 30 Jul 2024 with Charge ID 100988774 was modified on 19 May 2025.
Filing
Ninjacart Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 262.76 Lakh with Charge ID 100988774 was registered on 30 Jul 2024.
Charges
A charge with Others of Rs. 70.00 Lakh registered on 03 Apr 2024 with Charge ID 100939255 was modified on 25 Apr 2024.
Charges
A charge with Others amounted to Rs. 70.00 Lakh with Charge ID 100939255 was registered on 03 Apr 2024.
Charges
A charge registered on 27 Mar 2023 via Charge ID 100717271 with Others was fully satisfied on 25 Mar 2024.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100717271 was registered on 27 Mar 2023.
Appointed
Chinnathambi Vasudevan was appointed as Director.
Ceased
Karandipalayam Kandasamy Kartheeswaran ceased to be Director.
Ceased
Thirukumaran Nagarajan ceased to be Director.
Appointed
Harish Swaminathan was appointed as Director.

4 earlier events are in the company report.

Frequently asked questions

Ninjacart Services is an active private limited company based in Bangalore, Karnataka, India. The company works in agri support services, within the agriculture industry. It was incorporated on 04 January 2021 (5+ years old) and is registered under CIN U74110KA2021PTC175360.

Ninjacart Services has 3 current directors:

The latest financial statements of Ninjacart Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from FY 2021 are in the company report.

The GSTIN of Ninjacart Services is 27AAICK5370L1Z2, registered in Maharashtra.

The CIN (Corporate Identification Number) of Ninjacart Services is U74110KA2021PTC175360. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ninjacart Services has 780 court cases on record: 769 filed by the company and 11 filed against it. 192 are pending. Most are in the district courts.

Ninjacart Services was incorporated on 04 January 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.

Chinnathambi Vasudevan was appointed as Director on 19 Sep 2022. Karandipalayam Kandasamy Kartheeswaran ceased to be Director on 29 Jan 2021. Thirukumaran Nagarajan ceased to be Director on 29 Jan 2021. Ninjacart Services has 7 board changes on record in total.

Yes, Ninjacart Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Ninjacart Services can be reached through the website ninjacartservices.com. Its registered office is in Bangalore, Karnataka, India.