Startup India Government of India
Nirvikalpa Ventures Private Limited
Nirvikalpa Ventures Private Limited - education in Banaglore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹7.88 Cr
▲ 43% YoY
Net profit · FY 2023
₹31.07 Lakh
Net margin 3.9%
EBITDA · FY 2023
₹45.27 Lakh
EBITDA margin 5.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹5 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
About Nirvikalpa Ventures Private Limited
Data last updated:
Nirvikalpa Ventures Private Limited is a private limited company based in Banaglore, Karnataka, India, recognised as a startup by DPIIT. It operates in the office and school supplies segment of the education sector. It was incorporated on 16 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51100KA2018PTC114026. Its GSTIN is 29AAGCN1104K1ZJ (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Nirvikalpa Engineers and Contractors Private Limited. It is led by directors including Rahul Krishna (Managing Director) and Nagraj M Ballolli.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No.42 7th Cross Rangappa Layout Ittamadu Bsk 3rd Stage, Banaglore, Karnataka, India – 560085.
As per the financials filed for FY 2023, the company reported a revenue of ₹7.88 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹31.07 Lakh (net margin 3.9%) and EBITDA of ₹45.27 Lakh (EBITDA margin 5.7%). Revenue has grown at a compounded annual rate (CAGR) of 97% over three years.
As per MCA filings, the company has open charges of ₹5 Cr on record.
Nirvikalpa Ventures Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0116035). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U51100KA2018PTC114026
Registration Number 114026
Incorporation Date 16 June 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KR-03-0116035
CIN history
Nirvikalpa Ventures has one previous CIN (Corporate Identification Number): U45309KA2018PTC114026. The current CIN is U51100KA2018PTC114026, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51100KA2018PTC114026 | Current |
| U45309KA2018PTC114026 | Previous |
Key People
Rahul Krishna Managing Director Nagraj M Ballolli Director Muniswamappa Shobha Additional Director Recognitions & Rankings of Nirvikalpa Ventures
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0116035
Contact details
Nirvikalpa Ventures Private Limited's registered office is in Banaglore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.42 7th Cross Rangappa Layout Ittamadu Bsk 3rd Stage, Banaglore, Karnataka, India – 560085
- IndustryEducation, Office & School Supplies
To see the full contact details of Nirvikalpa Ventures Private Limited, buy the company report.
Comprehensive company report
Nirvikalpa Ventures 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
Business activity
The main business activity of Nirvikalpa Ventures is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Nirvikalpa Ventures Private Limited, buy the company report.
Financials of Nirvikalpa Ventures Private Limited
FY 2023 filings availableNirvikalpa Ventures Private Limited reported revenue of ₹7.88 Cr (up 43% YoY) for FY 2023.
Revenue · FY 2023
₹7.88 Cr ▲ 43%
Net profit · FY 2023
₹31.07 Lakh margin 3.9%
EBITDA · FY 2023
₹45.27 Lakh margin 5.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 43%
3 years · compounded
▲ 97%
EBITDA CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 166%
Revenue has grown at a compounded annual rate (CAGR) of 97% over three years, including 43% growth in the latest year. EBITDA rose 18% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹7.88 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹45.27 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹31.07 Lakh | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.7% | ||||
| Net Profit Margin | 3.9% | ||||
| 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 Nirvikalpa Ventures Private Limited, buy the company report.
Board of directors of Nirvikalpa Ventures Private Limited
Nirvikalpa Ventures has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nagraj M Ballolli Also directs: Nirvikalpa Enterprises Private Limited | Director | 16 Jun 2018 | 8 Years 4 Months | Current |
| Muniswamappa Shobha | Additional Director | 18 Nov 2021 | 4 Years 11 Months | Current |
| Rahul Krishna Also directs: Nirvikalpa Enterprises Private Limited | Managing Director | 16 Jun 2018 | 8 Years 4 Months | Current |
Peer comparison
Nirvikalpa Ventures Private Limited is compared with the 7 companies closest to it by revenue in the Education industry (Office and School Supplies), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Penrex Chrome Stationery Private Limited | ₹7.98 Cr (FY 2022) | 65.0% | Mumbai, Maharashtra, India | |||
| Prakash Teleservices Private Limited | ₹7.96 Cr (FY 2025) | -4.0% | Fatehgunj, Baroda2, Gujarat, India | |||
| Platinum Painting Essentials & Trading Private Limited | ₹7.94 Cr (FY 2025) | 11.0% | Bhiwandi, Maharashtra, India | |||
| MSB Corporation Private Limited | ₹7.89 Cr (FY 2022) | 2747.0% | Mumbai, Maharashtra, India | |||
| Nirvikalpa Ventures Private Limitedthis company | ₹7.88 Cr (FY 2023) | ₹31.07 Lakh | 3.9% | 43.0% | Banaglore, Karnataka, India | |
| Uboard Mobility Limited | ₹7.7 Cr (FY 2025) | 104.0% | New Delhi, Delhi, India | |||
| Leadermind Private Limited | ₹7.69 Cr (FY 2024) | -63.0% | Thane, Maharashtra, India | |||
| Swastik Entrade Pvt Ltd | ₹7.62 Cr (FY 2025) | -11.0% | Assam, India |
To see the full peer comparison of Nirvikalpa Ventures Private Limited, buy the company report.
Auditor
Nirvikalpa Ventures Private Limited is audited by ABHILASH AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABHILASH AND CO | FY 2023 | 014955S |
Shareholding
The shareholding of Nirvikalpa Ventures 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 Nirvikalpa Ventures Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Nov 2024 | 101020948 | Axis Bank Limited | ₹5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Nirvikalpa Ventures Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nirvikalpa Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nirvikalpa Ventures has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCN1104K1ZJ | Karnataka | Active | 23 Oct 2018 |
To see the full GST registrations and return filing status of Nirvikalpa Ventures Private Limited, buy the company report.
Recent activity
Nirvikalpa Ventures Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Muniswamappa Shobha was appointed as Additional Director on 18 Nov 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 500.00 Lakh with Charge ID 101020948 was registered on 16 Nov 2024.
AGM
Nirvikalpa Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Nirvikalpa Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Appointed
Muniswamappa Shobha was appointed as Additional Director.
Appointed
Nagraj M Ballolli was appointed as Director.
Appointed
Rahul Krishna was appointed as Managing Director.
Incorporation
16 Jun 2018
Nirvikalpa Ventures Private Limited was registered on 16 Jun 2018 with Roc Bangalore & aged 8 years 5 months as per MCA records.
Frequently asked questions
Nirvikalpa Ventures is an active private limited company based in Banaglore, Karnataka, India. The company works in office and school supplies, within the education industry. It was incorporated on 16 June 2018 (8+ years old) and is registered under CIN U51100KA2018PTC114026.
Nirvikalpa Ventures has 3 current directors:
- Rahul Krishna - Managing Director
- Nagraj M Ballolli - Director
- Muniswamappa Shobha - Additional Director
The latest financial statements of Nirvikalpa Ventures on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Nirvikalpa Ventures is 29AAGCN1104K1ZJ, registered in Karnataka.
The CIN (Corporate Identification Number) of Nirvikalpa Ventures is U51100KA2018PTC114026. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nirvikalpa Ventures was incorporated on 16 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Nirvikalpa Ventures by revenue are Penrex Chrome Stationery Private Limited, Prakash Teleservices Private Limited, Platinum Painting Essentials & Trading Private Limited, MSB Corporation Private Limited, Uboard Mobility Limited and 2 more, all in the Education industry (Office and School Supplies), with the same principal business activity (wholesale trading).
Muniswamappa Shobha was appointed as Additional Director on 18 Nov 2021. Nagraj M Ballolli was appointed as Director on 16 Jun 2018. Rahul Krishna was appointed as Managing Director on 16 Jun 2018.
Yes, Nirvikalpa Ventures is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Nirvikalpa Ventures is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0116035).
The registered office of Nirvikalpa Ventures is at No.42 7th Cross Rangappa Layout Ittamadu Bsk 3rd Stage, Banaglore, Karnataka, India – 560085.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages