MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-TN-08-0005106
Nirvana Hammocks Private Limited - consumer electronics & durables in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹9.83 Cr
▼ 44% YoY
Net profit · FY 2024
₹6.98 Lakh
Net margin 0.7%
EBITDA · FY 2024
₹2.42 Cr
EBITDA margin 24.6%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹94.61 Lakh
Issued & subscribed
Open charges
₹14.5 Cr
Satisfied ₹11.07 Lakh
Company age
15 yrs
Est. 2011
Employees · EPFO
27
Provident fund records
About Nirvana Hammocks Private Limited
Data last updated:
Nirvana Hammocks Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 23 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U28999TN2011PTC081209. Its GSTIN is 33AADCN7043G1ZO (Tamil Nadu).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹94.61 Lakh. It was formerly known as Niravana Hammocks Private Limited. It is led by directors Karan Dhananjay Bhatt and Nikita Dhananjay Bhatt.
Its last annual general meeting (AGM) was held on 31 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.83 Cr, a decline of 44% compared to the previous year. For the same year it recorded a net profit of ₹6.98 Lakh (net margin 0.7%) and EBITDA of ₹2.42 Cr (EBITDA margin 24.6%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 10% over five years.
The company has about 27 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Nirvana Hammocks. As per MCA filings, the company has open charges of ₹14.5 Cr and satisfied charges of ₹11.07 Lakh on record. Court records list 15 cases involving the company, including 15 filed against it; 10 cases are pending.
Nirvana Hammocks Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-08-0005106). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nirvanahammocks.com.
Company details
CIN U28999TN2011PTC081209
Registration Number 081209
Incorporation Date 23 June 2011
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-08-0005106
Recognitions & Rankings of Nirvana Hammocks
Contact details
Nirvana Hammocks Private Limited's registered office is in Chennai, Tamil Nadu. Its website is nirvanahammocks.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No.435/1A Nedukundram Village, Vandalur Kelambakkam Road, Chennai, Tamil Nadu, India – 600048
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Nirvana Hammocks Private Limited, buy the company report.
Comprehensive company report
Nirvana Hammocks 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
Nirvana Hammocks operates one associated brand: Nirvana Hammocks. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Production and sale of hammocks and outdoor products are conducted by Nirvana Hammocks. | nirvanahammocks.com |
Business activity
The main business activity of Nirvana Hammocks is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Nirvana Hammocks Private Limited, buy the company report.
Financials of Nirvana Hammocks Private Limited
FY 2024 filings availableNirvana Hammocks Private Limited reported revenue of ₹9.83 Cr (down 44% YoY) for FY 2024.
Revenue · FY 2024
₹9.83 Cr ▼ 44%
Net profit · FY 2024
₹6.98 Lakh margin 0.7%
EBITDA · FY 2024
₹2.42 Cr margin 24.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 44%
3 years · compounded
▼ 35%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 25%
5 years · compounded
▲ 114%
Revenue fell 44% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 25% 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 |
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| EBITDA | ₹2.42 Cr | ||||
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| Net Profit (PAT) | ₹6.98 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 24.6% | ||||
| Net Profit Margin | 0.7% | ||||
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To see the full financial statements and ratios of Nirvana Hammocks Private Limited, buy the company report.
Board of directors of Nirvana Hammocks Private Limited
Nirvana Hammocks has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karan Dhananjay Bhatt | Director | 03 Dec 2018 | 7 Years 10 Months | Current |
| Nikita Dhananjay Bhatt | Director | 03 Jun 2020 | 6 Years 4 Months | Current |
Auditor
Nirvana Hammocks Private Limited is audited by Yoganandh & Ram LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Yoganandh & Ram LLP | FY 2023 | 005157S/S200052 |
Shareholding
The shareholding of Nirvana Hammocks 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nirvana Hammocks Private Limited, buy the company report.
Charges & borrowings
Open charges
₹14.5 Cr
Satisfied charges
₹11.07 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Feb 2021 | 100441989 | Others | ₹14.5 Cr | Open | |
| 21 Dec 2020 | 100422874 | Hdfc Bank Limited | ₹11.07 Lakh | Satisfied |
To see the full charge records of Nirvana Hammocks Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Nirvana Hammocks Private Limited has 15 court cases on record: 15 filed against it. 10 cases are pending and 5 are disposed.
Total cases
15
Filed against the company
15
Pending
10
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 15 | 10 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (Summons For Judgement) | Filed against the company by M/S Emirates Logistics India Pvt Ltd Through Authorised Representative Mr Avinash Katrap | Pending |
| District court, Chennai, Tamil Nadu | Criminal case | Filed against the company by Southern India Depository Services Private Limited Represented by Its Manager P Saravanakumar | Pending |
| District court, Chennai, Tamil Nadu | Criminal case | Filed against the company by Century Flour Mills Private Limited Represented by Its Manager P Saravanakumar | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by M/S Emirates Logistics India Pvt Ltd Through Authorised Representative Mr Avinash Katrap | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed against the company by Centric Steel Ltd Through Its Authorised Person Mahesh Vishwas Swami | Pending |
To see the full case history of Nirvana Hammocks 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.
Credit ratings & regulatory alerts
Nirvana Hammocks Private Limited was last rated by Crisil on 31 Dec 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 31 Dec 2019 |
To see the full credit ratings and regulatory alerts of Nirvana Hammocks Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nirvana Hammocks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nirvana Hammocks Private Limited has a workforce of 27 employees on its EPFO records as of Apr 11, 2024, across 2 active EPFO establishments.
Employee count
27
Active EPFO establishments
2
Employee growth
-64.47%
GST
Nirvana Hammocks has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCN7043G1ZO | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nirvana Hammocks Private Limited, buy the company report.
Recent activity
Nirvana Hammocks Private Limited has 11 board changes on record since 2012: 2 appointments and 9 cessations. The latest: Vishal Rohitbhai Shah ceased to be Director on 01 Sep 2020.
AGM
Nirvana Hammocks Private Limited last Annual general meeting of members was held on 31 Dec 2024 as per latest MCA records.
Charges
A charge registered on 21 Dec 2020 via Charge ID 100422874 with Hdfc Bank Limited was fully satisfied on 25 Dec 2024.
Filing
Nirvana Hammocks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with Others of Rs. 14.50 Cr registered on 24 Feb 2021 with Charge ID 100441989 was modified on 30 Mar 2022.
Charges
A charge with Others amounted to Rs. 14.50 Cr with Charge ID 100441989 was registered on 24 Feb 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 100422874 was registered on 21 Dec 2020.
Ceased
Vishal Rohitbhai Shah ceased to be Director.
Appointed
Nikita Dhananjay Bhatt was appointed as Director.
Ceased
Karan Dhananjay Bhatt ceased to be Additional Director.
Appointed
Karan Dhananjay Bhatt was appointed as Director.
Ceased
Kaushik Vinodbhai Pandya ceased to be Additional Director.
Ceased
Shashikant Nanalal Bhatt ceased to be Additional Director.
6 earlier events are in the company report.
Frequently asked questions
Nirvana Hammocks is an active private limited company based in Chennai, Tamil Nadu, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 23 June 2011 (15+ years old) and is registered under CIN U28999TN2011PTC081209.
Nirvana Hammocks has 2 current directors:
- Karan Dhananjay Bhatt - Director
- Nikita Dhananjay Bhatt - Director
The latest financial statements of Nirvana Hammocks on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Nirvana Hammocks is 33AADCN7043G1ZO, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Nirvana Hammocks is U28999TN2011PTC081209. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nirvana Hammocks has 15 court cases on record: 15 filed against it. 10 are pending.
Nirvana Hammocks was incorporated on 23 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chennai.
Vishal Rohitbhai Shah ceased to be Director on 01 Sep 2020. Nikita Dhananjay Bhatt was appointed as Director on 03 Jun 2020. Karan Dhananjay Bhatt ceased to be Additional Director on 30 Sep 2019. Nirvana Hammocks has 11 board changes on record in total.
Yes, Nirvana Hammocks is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-08-0005106).
Nirvana Hammocks can be reached through the website nirvanahammocks.com. Its registered office is in Chennai, Tamil Nadu, India.