MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-TS-02-0003943
Nipun Net Solutions Private Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹216.75 Cr
▲ 46% YoY
Net profit · FY 2024
₹13.64 Cr
Net margin 6.3%
EBITDA · FY 2024
₹23.91 Cr
EBITDA margin 11%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹1.53 Cr
Issued & subscribed
Open charges
₹35.86 Cr
Satisfied ₹13.18 Cr
Company age
24 yrs
Est. 2002
Employees · EPFO
136
Provident fund records
About Nipun Net Solutions Private Limited
Data last updated:
Nipun Net Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 22 May 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2002PTC039003. Its GSTIN is 36AABCN5037G1ZM (Telangana). The company holds 8 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.53 Cr. It is led by directors including Kondaiah Chowdary Karuturi and Bogavalli Balarama Krishna.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹216.75 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net profit of ₹13.64 Cr (net margin 6.3%) and EBITDA of ₹23.91 Cr (EBITDA margin 11%). Revenue has grown at a compounded annual rate (CAGR) of 87% over three years and 41% over five years.
The company has about 136 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Smart Gaadi and Nipun Net Solutions. As per MCA filings, the company has open charges of ₹35.86 Cr and satisfied charges of ₹13.18 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2018. Its 6 peer companies in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 2 larger and 4 smaller; the largest is Satcom Info Tech Private Limited with revenue of ₹220.75 Cr.
Nipun Net Solutions Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TS-02-0003943). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nipun.net.
Company details
CIN U72200TG2002PTC039003
Registration Number 039003
Incorporation Date 22 May 2002
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-TS-02-0003943
CIN history
Nipun Net Solutions has one previous CIN (Corporate Identification Number): U72200AP2002PTC039003. The current CIN is U72200TG2002PTC039003, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2002PTC039003 | Current |
| U72200AP2002PTC039003 | Previous |
Key People
Kondaiah Chowdary Karuturi Director Bogavalli Balarama Krishna Director Kukunuri Ramesh Babu Director Recognitions & Rankings of Nipun Net Solutions
Contact details
Nipun Net Solutions Private Limited's registered office is in Hyderabad, Telangana. Its website is nipun.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address104 1st Floor Elemental #337 Sy No 337 Partly, Puppalaguda Village Financial District Nanakramguda, Hyderabad, Telangana, India – 500032
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Nipun Net Solutions Private Limited, buy the company report.
Comprehensive company report
Nipun Net Solutions 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Nipun Net Solutions operates two associated brands: Smart Gaadi and Nipun Net Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides GPS-based systems for effective vehicle tracking. | smartgaadi.in | |
| IT infrastructure and networking services are provided in India. | nipun.net |
Business activity
The main business activity of Nipun Net Solutions 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 Nipun Net Solutions Private Limited, buy the company report.
Financials of Nipun Net Solutions Private Limited
FY 2024 filings availableNipun Net Solutions Private Limited reported revenue of ₹216.75 Cr (up 46% YoY) for FY 2024.
Revenue · FY 2024
₹216.75 Cr ▲ 46%
Net profit · FY 2024
₹13.64 Cr margin 6.3%
EBITDA · FY 2024
₹23.91 Cr margin 11%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 46%
3 years · compounded
▲ 87%
5 years · compounded
▲ 41%
EBITDA CAGR growth
1 year
▲ 98%
3 years · compounded
▲ 137%
5 years · compounded
▲ 62%
Revenue has grown at a compounded annual rate (CAGR) of 41% over five years, including 46% growth in the latest year. EBITDA rose 98% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹23.91 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.64 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11% | ||||
| Net Profit Margin | 6.3% | ||||
| 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 Nipun Net Solutions Private Limited, buy the company report.
Board of directors of Nipun Net Solutions Private Limited
Nipun Net Solutions has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kondaiah Chowdary Karuturi | Director | 26 Dec 2007 | 18 Years 9 Months | Current |
| Bogavalli Balarama Krishna Also directs: Athena Homes & Infra Private Limited | Director | 04 Dec 2004 | 21 Years 10 Months | Current |
| Kukunuri Ramesh Babu Also directs: Athena Homes & Infra Private Limited | Director | 11 Apr 2005 | 21 Years 6 Months | Current |
Peer comparison
Nipun Net Solutions Private Limited is compared with the 6 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Satcom Info Tech Private Limited | ₹220.75 Cr (FY 2025) | 29.0% | Thane, Maharashtra, India | |||
| Meta Infotech Limited | ₹220.02 Cr (FY 2025) | 43.0% | Mumbai, Maharashtra, India | |||
| Nipun Net Solutions Private Limitedthis company | ₹216.75 Cr (FY 2024) | ₹13.64 Cr | 6.3% | 46.0% | 136 | Hyderabad, Telangana, India |
| Compunnel Technology India Private Limited | ₹213.59 Cr (FY 2024) | 10.0% | Delhi, India | |||
| Espire Infolabs Private Limited | ₹211.53 Cr (FY 2023) | 44.0% | New Delhi, Delhi, India | |||
| Starone IT Solutions (India) Private Limited | ₹209.73 Cr (FY 2025) | 67.0% | Thiruvananthapuram, Kerala, India | |||
| Metricstream Infotech (India) Private Limited | ₹209.09 Cr (FY 2024) | -14.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Nipun Net Solutions Private Limited, buy the company report.
Auditor
Nipun Net Solutions Private Limited is audited by Annu & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Annu & Associates | FY 2022 | 016854S |
Shareholding
The shareholding of Nipun Net Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nipun Net Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹35.86 Cr
Satisfied charges
₹13.18 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 May 2025 | 101140830 | Others | ₹15 Cr | Open | |
| 30 Sep 2024 | 101000183 | Hdfc Bank Limited | ₹32.33 Lakh | Open | |
| 24 Mar 2023 | 100744107 | Others | ₹4.5 Cr | Open | |
| 31 Jan 2023 | 100673398 | Others | ₹4 Cr | Open | |
| 30 Dec 2022 | 100696674 | Hdfc Bank Limited | ₹7.04 Cr | Open |
To see the full charge records of Nipun Net Solutions Private Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Nipun Net Solutions Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2018.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nipun Net Solutions Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed against the company by Compuage Infocom Ltd Through Nityanand Nadar | Disposed |
To see the full case history of Nipun Net Solutions 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 Nipun Net Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nipun Net Solutions Private Limited has a workforce of 136 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
136
Active EPFO establishments
1
Employee growth
7.94%
GST
Nipun Net Solutions has 8 GST registrations: 7 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
8
Active
7
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCN5037G1ZM | Telangana | Active | 01 Jul 2017 |
| 36AABCN5037G2ZL | Telangana | Active | 27 Jun 2025 |
| 27AABCN5037G1ZL | Maharashtra | Active | 01 Jul 2017 |
| 29AABCN5037G1ZH | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nipun Net Solutions Private Limited, buy the company report.
Recent activity
Nipun Net Solutions Private Limited has 3 board changes on record since 2004: 3 appointments. The latest: Kondaiah Chowdary Karuturi was appointed as Director on 26 Dec 2007.
Charges
A charge with Others of Rs. 15.00 Cr registered on 28 May 2025 with Charge ID 101140830 was modified on 25 Aug 2025.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 101140830 was registered on 28 May 2025.
Charges
A charge with Others of Rs. 4.00 Cr registered on 31 Jan 2023 with Charge ID 100673398 was modified on 25 Nov 2024.
AGM
Nipun Net Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.32 Cr with Charge ID 101000183 was registered on 30 Sep 2024.
Charges
A charge registered on 21 Sep 2022 via Charge ID 100615630 with Others was fully satisfied on 20 May 2024.
Filing
Nipun Net Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Charges
A charge with Others of Rs. 5.00 Cr registered on 25 May 2022 with Charge ID 100582573 was modified on 28 Dec 2023.
Charges
A charge registered on 14 Jul 2021 via Charge ID 100468535 with Others was fully satisfied on 11 May 2023.
Charges
A charge registered on 05 Feb 2015 via Charge ID 10566685 with Others was fully satisfied on 03 May 2023.
Charges
A charge with Others amounted to Rs. 4.50 Cr with Charge ID 100744107 was registered on 24 Mar 2023.
Charges
A charge registered on 22 Oct 2021 via Charge ID 100526825 with Hdfc Bank Limited was fully satisfied on 01 Feb 2023.
18 earlier events are in the company report.
Frequently asked questions
Nipun Net Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 22 May 2002 (24+ years old) and is registered under CIN U72200TG2002PTC039003.
Nipun Net Solutions has 3 current directors:
- Kondaiah Chowdary Karuturi - Director
- Bogavalli Balarama Krishna - Director
- Kukunuri Ramesh Babu - Director
The latest financial statements of Nipun Net Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Nipun Net Solutions is 36AABCN5037G1ZM, registered in Telangana. The company has 8 GST registrations in all, of which 7 are active and 1 is cancelled or inactive. Other active GSTINs include 36AABCN5037G2ZL (Telangana), 27AABCN5037G1ZL (Maharashtra), 29AABCN5037G1ZH (Karnataka).
The CIN (Corporate Identification Number) of Nipun Net Solutions is U72200TG2002PTC039003. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nipun Net Solutions has 1 court case on record: 1 filed against it.
Nipun Net Solutions was incorporated on 22 May 2002, making it 24+ years old. It is registered with the Registrar of Companies, Hyderabad.
Nipun Net Solutions has 1 deal on record (1 secondary share transfer); the latest was in March 2018.
The peers of Nipun Net Solutions by revenue are Satcom Info Tech Private Limited, Meta Infotech Limited, Compunnel Technology India Private Limited, Espire Infolabs Private Limited, Starone IT Solutions (India) Private Limited and 1 more, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).
Kondaiah Chowdary Karuturi was appointed as Director on 26 Dec 2007. Kukunuri Ramesh Babu was appointed as Director on 11 Apr 2005. Bogavalli Balarama Krishna was appointed as Director on 04 Dec 2004.
Yes, Nipun Net Solutions is registered as an MSME under Udyam registration (number: UDYAM-TS-02-0003943).