About Nirpl Ventures Private Limited
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Nirpl Ventures Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Nitlogis Private Limited. It operates in the mall and retail management segment of the business services sector. It was incorporated on 30 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45201KA2007PTC042660. Its GSTIN is 29AACCN6509Q1ZS (Karnataka).
The company has an authorised share capital of ₹85 Cr and a paid-up capital of ₹69.91 Cr. It was formerly known as Nitesh Indiranagar Retail Private Limited. It is led by directors including Sudhir Narain and Mahesh Bhupathi.
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. 76 Unit 03 Commissariat Road, Ashok Nagar Bangalore, Karnataka, India – 560025.
As per MCA filings, the company has satisfied charges of ₹535 Cr on record. Court records list 32 cases involving the company, including 15 filed by the company and 17 filed against it; 5 cases are pending. The company has 5 deals on record (2 acquisitions, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹6.68 Cr; the latest was in December 2014.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nelholdings.in.
Company details
Contact details
Nirpl Ventures Private Limited's registered office is in Bangalore, Karnataka. Its website is nelholdings.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 76 Unit 03 Commissariat Road, Ashok Nagar Bangalore, Karnataka, India – 560025
- IndustryBusiness Services, Mall & Retail Management
To see the full contact details of Nirpl Ventures 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 Nirpl Ventures Private Limited
FY 2025 filings availableNirpl Ventures Private Limited reported revenue of ₹6,000 (down 100% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 72% over five years. 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
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To see the full financial statements and ratios of Nirpl Ventures Private Limited, buy the company report.
Board of directors of Nirpl Ventures Private Limited
Nirpl Ventures has 5 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Narain Also directs: Digital Land Private Limited, Nitlogis Private Limited, Orange Self Storage Private Limited and 1 more | Director | 01 Aug 2022 | 4 Years 3 Months | Current |
| Mahesh Bhupathi Also directs: Singita Kosha Trading Private Limited, Nitesh Land Private Limited, Nitlogis Private Limited and 5 more | Director | 03 Sep 2022 | 4 Years 2 Months | Current |
| Lalgudi Saptharishi Vaidyanathan Also directs: Satchmo Holdings Limited, Heytiger Housing Finance Private Limited, Nitlogis Private Limited and 3 more | Director | 09 May 2007 | 19 Years 6 Months | Current |
| Ponnimada Chengappa Ashok Also directs: Orange Self Storage Private Limited | Director | 01 Aug 2022 | 4 Years 3 Months | Current |
| Nitesh Shetty Also directs: Satchmo Holdings Limited, Singita Kosha Trading Private Limited, Nitesh Residency Hotels Private Limited and 5 more | Director | 29 Mar 2016 | 10 Years 7 Months | Current |
Auditor
Nirpl Ventures Private Limited is audited by GANERIWALA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GANERIWALA & CO. | FY 2022 | 000855S |
Shareholding
The shareholding of Nirpl Ventures Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
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To see the full shareholding pattern of Nirpl Ventures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 May 2015 | 10572764 | Il & Fs Trust Company Limited | ₹235 Cr | Satisfied | |
| 27 Sep 2012 | 10386660 | Bank of Baroda (Lead Bank) | ₹300 Cr | Satisfied |
To see the full charge records of Nirpl Ventures Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Nirpl Ventures Private Limited has 5 deals on record (2 acquisitions, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹6.68 Cr; the latest was in December 2014.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2014 | Funding round | ₹6.68 Cr | Investors: Satchmo Holdings Limited |
| Jul 2014 | Acquisition | ₹49.99 Cr | Buyer: Satchmo Holdings Limited |
| Feb 2011 | Secondary share transfer | Undisclosed | Buyer: Satchmo Holdings Limited , Nitesh Estates Private Limited & LS Vaidyanathan Seller: an individual |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: Satchmo Holdings Limited Seller: an individual |
| Aug 2008 | Acquisition | ₹132.38 Cr | Buyer: Satchmo Holdings Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nirpl Ventures Private Limited has 32 court cases on record: 15 filed by Nirpl Ventures, 17 filed against it. 5 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 10 | 3 |
| District courts | 13 | 6 | 1 |
| Supreme Court | 3 | 1 | 1 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed against the company by Yes Bank Limited | Disposed |
| High Court, KARNATAKA | Writ petition | Filed by the company against Yes Bank Ltd and 4 others | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by an individual | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against The Deputy Commissioner of Income Tax Circle 5(1)(1) | Pending |
| Supreme Court | Court case (1801-Ordinary Civil Matters : T.P. Under Article 139A(1) of the Constitution of India) | Filed against the company by Union of India Through Dept of Financial Service, M/O Finance 3Rd Floor Jeevan Deep Building, Sansad Marg ,New Delhi , Delhi | Pending |
To see the full case history of Nirpl Ventures 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 Nirpl Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nirpl Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCN6509Q1ZS | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nirpl Ventures Private Limited, buy the company report.
Recent activity
Nirpl Ventures Private Limited has 17 board changes on record since 2007: 5 appointments and 12 cessations. The latest: Mahesh Bhupathi ceased to be Additional Director on 22 Sep 2022.
13 earlier events are in the company report.
Frequently asked questions
Nirpl Ventures is an active private limited company based in Bangalore, Karnataka, India. The company works in mall and retail management, within the business services industry. It was incorporated on 30 April 2007 (19+ years old) and is registered under CIN U45201KA2007PTC042660.
Nirpl Ventures has 5 current directors:
- Sudhir Narain - Director
- Mahesh Bhupathi - Director
- Lalgudi Saptharishi Vaidyanathan - Director
- Ponnimada Chengappa Ashok - Director
- Nitesh Shetty - Director
The latest financial statements of Nirpl Ventures 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.
The GSTIN of Nirpl Ventures is 29AACCN6509Q1ZS, registered in Karnataka.
The CIN (Corporate Identification Number) of Nirpl Ventures is U45201KA2007PTC042660. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nirpl Ventures has 32 court cases on record: 15 filed by the company and 17 filed against it. 5 are pending. Most are in the high courts.
Nirpl Ventures was incorporated on 30 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Nirpl Ventures has 5 deals on record (2 acquisitions, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹6.68 Cr; the latest was in December 2014.
Mahesh Bhupathi ceased to be Additional Director on 22 Sep 2022. Ponnimada Chengappa Ashok ceased to be Additional Director on 22 Sep 2022. Sudhir Narain ceased to be Additional Director on 22 Sep 2022. Nirpl Ventures has 17 board changes on record in total.
Nirpl Ventures can be reached through the website nelholdings.in. Its registered office is in Bangalore, Karnataka, India.
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