About Nirmala Garments Private Limited
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Nirmala Garments Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 26 September 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U18101KA2001PTC115506. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors Akshika Poddar and Manish Kumar Poddar.
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 No. 27 Vtms Arcade Yellankunte Mangammana Palya Hosur Main Road, Bangalore, Karnataka, India – 560068.
As per the financials filed for FY 2025, the company reported a revenue of ₹50.15 Lakh, a decline of 81% compared to the previous year. For the same year it recorded a net profit of ₹14.21 Lakh (net margin 28.3%) and EBITDA of ₹38.43 Lakh (EBITDA margin 76.6%). Revenue has declined at a compounded annual rate (CAGR) of 198% over three years and 16% over five years.
As per MCA filings, the company has open charges of ₹108.78 Cr on record. Court records list 2 cases involving the company, including 2 filed against it. The company has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.77 Cr; the latest was in August 2019. Its 10 peer companies in the BFSI industry (Other Financial Services, Real Estate Leasing) are compared by revenue, 5 larger and 5 smaller; the largest is Natural R4ealtors Private Limited with revenue of ₹50.19 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website radhamanigroup.com.
Company details
CIN history
Nirmala Garments has one previous CIN (Corporate Identification Number): U18101WB2001PTC093779. The current CIN is U18101KA2001PTC115506, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U18101KA2001PTC115506 | Current |
| U18101WB2001PTC093779 | Previous |
Contact details
Nirmala Garments Private Limited's registered office is in Bangalore, Karnataka. Its website is radhamanigroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 27 Vtms Arcade Yellankunte Mangammana Palya Hosur Main Road, Bangalore, Karnataka, India – 560068
- IndustryFinancial Services, Diversified Financial Services, Real Estate Financing
To see the full contact details of Nirmala Garments Private Limited, buy the company report.
- 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
Financials of Nirmala Garments Private Limited
FY 2025 filings availableNirmala Garments Private Limited reported revenue of ₹50.15 Lakh (down 81% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 81% fall in the latest year. EBITDA fell 83% 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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| EBITDA | ₹38.43 Lakh | ||||
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| Net Profit (PAT) | ₹14.21 Lakh | ||||
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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 | 76.6% | ||||
| Net Profit Margin | 28.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Nirmala Garments Private Limited, buy the company report.
Board of directors of Nirmala Garments Private Limited
Nirmala Garments has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akshika Poddar | Director | 29 Apr 2019 | 7 Years 6 Months | Current |
| Manish Kumar Poddar | Director | 29 Apr 2019 | 7 Years 6 Months | Current |
Peer comparison
Nirmala Garments Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Other Financial Services, Real Estate Leasing), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Natural R4ealtors Private Limited | ₹50.19 Lakh (FY 2025) | 20.0% | Thane, Maharashtra, India | |||
| Mihir Trading Private Limited | ₹50.19 Lakh (FY 2025) | 508.0% | Mumbai, Maharashtra, India | |||
| Sanfo Enterprises Private Limited | ₹50.18 Lakh (FY 2025) | 40.0% | Ranchi, Jharkhand, India | |||
| Autocreates Services Private Limited | ₹50.18 Lakh (FY 2025) | -46.0% | Mumbai, Maharashtra, India | |||
| GN Hospitality Private Limited | ₹50.15 Lakh (FY 2025) | -8.0% | Delhi, India | |||
| Nirmala Garments Private Limitedthis company | ₹50.15 Lakh (FY 2025) | ₹14.21 Lakh | 28.3% | -81.0% | Bangalore, Karnataka, India | |
| Divansh Financial Services Private Limited | ₹50.15 Lakh (FY 2025) | 3.0% | Nagpur, Maharashtra, India | |||
| WGF Financial Services Limited | ₹50.14 Lakh (FY 2025) | -27.0% | New Delhi, Delhi, India | |||
| Map Realty Private Limited | ₹50.13 Lakh (FY 2025) | 7.0% | New Delhi, Delhi, India | |||
| Bestteam Estate Agency India Private Limited | ₹50.11 Lakh (FY 2025) | -2.0% | Ahmedabad, Gujarat, India | |||
| Savvy Financial Services Private Limited | ₹50.1 Lakh (FY 2024) | 69.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Nirmala Garments Private Limited, buy the company report.
Auditor
Nirmala Garments Private Limited is audited by TSJ & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TSJ & ASSOCIATES LLP | FY 2023 | S200076 |
Shareholding
The shareholding of Nirmala Garments 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 Nirmala Garments Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2019 | 100245296 | Hdfc Bank Limited | ₹108.78 Cr | Open |
To see the full charge records of Nirmala Garments Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Nirmala Garments Private Limited has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.77 Cr; the latest was in August 2019.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2019 | Secondary share transfer | Undisclosed | Seller: Radhamani Exports Private Limited |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Sarbottam Alloys & Fiscal Private Limited, Dudheria Tradecom Private Limited , Vishesh Paper & Finance Pvt Ltd , an individual |
| Dec 2015 | Funding round | ₹2.52 Cr | Investors: Radhamani Textiles Private Limited , Radhamani Exports Private Limited |
| Mar 2011 | Funding round | ₹2.25 Cr | Investors: Oasis Agro Products Ltd , Shreenath Holdings Pvt Ltd , Creative Vinimay Private Limited |
| Sep 2007 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Namokar Consultants Pvt. Ltd. , Context Commercials Pvt Ltd , Arthodock Vinimay Pvt Ltd , an individual |
To see the full deal history of Nirmala Garments Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nirmala Garments Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Appeal | Filed against the company | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by individuals | Disposed |
To see the full case history of Nirmala Garments 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 Nirmala Garments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nirmala Garments has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Nirmala Garments Private Limited, buy the company report.
Recent activity
Nirmala Garments Private Limited has 7 board changes on record since 2016: 2 appointments and 5 cessations. The latest: Akshika Poddar ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Nirmala Garments is an active private limited company based in Bangalore, Karnataka, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 26 September 2001 (25+ years old) and is registered under CIN U18101KA2001PTC115506.
Nirmala Garments has 2 current directors:
- Akshika Poddar - Director
- Manish Kumar Poddar - Director
The latest financial statements of Nirmala Garments 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 2015 are in the company report.
No. Nirmala Garments has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Nirmala Garments is U18101KA2001PTC115506. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nirmala Garments has 2 court cases on record: 2 filed against it. Most are in the district courts.
Nirmala Garments was incorporated on 26 September 2001, making it 25+ years old. It is registered with the Registrar of Companies, Bangalore.
Nirmala Garments has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.77 Cr; the latest was in August 2019.
The peers of Nirmala Garments by revenue are Natural R4ealtors Private Limited, Mihir Trading Private Limited, Sanfo Enterprises Private Limited, Autocreates Services Private Limited, GN Hospitality Private Limited and 5 more, all in the BFSI industry (Other Financial Services, Real Estate Leasing).
Akshika Poddar ceased to be Additional Director on 30 Sep 2019. Manish Kumar Poddar ceased to be Additional Director on 30 Sep 2019. Nirmala Devi Poddar ceased to be Director on 30 Apr 2019. Nirmala Garments has 7 board changes on record in total.
Nirmala Garments can be reached through the website radhamanigroup.com. Its registered office is in Bangalore, Karnataka, India.
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