MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-19-0177877
Niseva Technologies Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹15.25 Cr
▼ 16% YoY
Net profit · FY 2024
₹1.28 Cr
Net margin 8.4%
EBITDA · FY 2024
₹1.82 Cr
EBITDA margin 11.9%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1.11 Lakh
Issued & subscribed
Company age
14 yrs
Est. 2012
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Niseva Technologies Private Limited
Data last updated:
Niseva Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 04 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2012PTC230623. Its GSTIN is 27AADCN9810F1ZG (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.11 Lakh. It is led by directors including Aashish Prakash Kulkarni and Shripad Kamalesh Nawalkar.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.25 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹1.28 Cr (net margin 8.4%) and EBITDA of ₹1.82 Cr (EBITDA margin 11.9%). Revenue has grown at a compounded annual rate (CAGR) of 132% over three years and 137% over five years.
Niseva Technologies Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0177877). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website niseva.com.
Company details
CIN U72900MH2012PTC230623
Registration Number 230623
Incorporation Date 04 May 2012
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-19-0177877
Key People
Aashish Prakash Kulkarni Director Shripad Kamalesh Nawalkar Director Hitesh Maheshkumar Shukla Director Recognitions & Rankings of Niseva Technologies
Contact details
Niseva Technologies Private Limited's registered office is in Mumbai, Maharashtra. Its website is niseva.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No – 9 Ground Floor Mona Shopping Center, Near Navrang Cinema Dadabhai Road Andheri West, Mumbai, Maharashtra, India – 400058
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Niseva Technologies Private Limited, buy the company report.
Comprehensive company report
Niseva Technologies 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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Business activity
The main business activity of Niseva Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Niseva Technologies Private Limited, buy the company report.
Financials of Niseva Technologies Private Limited
FY 2025 filings availableNiseva Technologies Private Limited reported revenue of ₹15.25 Cr (down 16% YoY) for FY 2024.
Revenue · FY 2024
₹15.25 Cr ▼ 16%
Net profit · FY 2024
₹1.28 Cr margin 8.4%
EBITDA · FY 2024
₹1.82 Cr margin 11.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 16%
3 years · compounded
▲ 132%
5 years · compounded
▲ 137%
EBITDA CAGR growth
1 year
▼ 35%
3 years · compounded
▲ 158%
5 years · compounded
▲ 229%
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 137%. EBITDA fell 35% 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 | ₹1.82 Cr | ||||
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| Net Profit (PAT) | ₹1.28 Cr | ||||
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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 | 11.9% | ||||
| Net Profit Margin | 8.4% | ||||
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To see the full financial statements and ratios of Niseva Technologies Private Limited, buy the company report.
Board of directors of Niseva Technologies Private Limited
Niseva Technologies has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aashish Prakash Kulkarni Also directs: Asmi Techparva Solutions LLP | Director | 01 Feb 2020 | 6 Years 8 Months | Current |
| Shripad Kamalesh Nawalkar | Director | 20 Nov 2020 | 5 Years 11 Months | Current |
| Hitesh Maheshkumar Shukla | Director | 04 May 2012 | 14 Years 5 Months | Current |
Peer comparison
Niseva Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sundaravel Marketing Company Private Limited | ₹15.29 Cr (FY 2020) | -18.0% | Sivakasi, Tamil Nadu, India | |||
| New Metal Vision Private Limited | ₹15.29 Cr (FY 2022) | 74.0% | New Delhi, Delhi, India | |||
| Ipexcel Services Private Limited | ₹15.28 Cr (FY 2025) | 4.0% | Bangalore, Karnataka, India | |||
| Indesign Office Solutions Private Limited | ₹15.28 Cr (FY 2025) | 3.0% | Delhi, India | |||
| Su-Nav Ship Management Private Limited | ₹15.27 Cr (FY 2024) | 9.0% | Chennai, Tamil Nadu, India | |||
| Niseva Technologies Private Limitedthis company | ₹15.25 Cr (FY 2024) | ₹1.28 Cr | 8.4% | -16.0% | Mumbai, Maharashtra, India | |
| Praxien Tech Private Limited | ₹15.25 Cr (FY 2024) | 16.0% | Bangalore, Karnataka, India | |||
| Iora Ecological Solutions Private Limited | ₹15.24 Cr (FY 2025) | 33.0% | New Delhi, Delhi, India | |||
| Growthtrack Info Tech Private Limited | ₹15.24 Cr (FY 2024) | 73.0% | Bangalore, Karnataka, India | |||
| Osmosys Software Solutions Private Limited | ₹15.24 Cr (FY 2024) | -1.0% | Hitec, Telangana, India | |||
| Odn Digital Services Private Limited | ₹15.24 Cr (FY 2024) | 16.0% | New Delhi, Delhi, India |
To see the full peer comparison of Niseva Technologies Private Limited, buy the company report.
Auditor
Niseva Technologies Private Limited is audited by MEVADA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEVADA & CO | FY 2023 | 130061W |
Shareholding
The shareholding of Niseva Technologies 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 Niseva Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Niseva Technologies 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 Niseva Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Niseva Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCN9810F1ZG | Maharashtra | Active | 28 Jul 2017 |
To see the full GST registrations and return filing status of Niseva Technologies Private Limited, buy the company report.
Recent activity
Niseva Technologies Private Limited has 5 board changes on record since 2012: 3 appointments and 2 cessations. The latest: Mahesh Babulal Shukla ceased to be Director on 12 Jan 2023.
AGM
Niseva Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Niseva Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Mahesh Babulal Shukla ceased to be Director.
Ceased
Saji Chandran Kalathil ceased to be Director.
Appointed
Shripad Kamalesh Nawalkar was appointed as Director.
Appointed
Aashish Prakash Kulkarni was appointed as Director.
Appointed
Hitesh Maheshkumar Shukla was appointed as Director.
Incorporation
04 May 2012
Niseva Technologies Private Limited was registered on 04 May 2012 with Roc Mumbai & aged 14 years 5 months as per MCA records.
Frequently asked questions
Niseva Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 04 May 2012 (14+ years old) and is registered under CIN U72900MH2012PTC230623.
Niseva Technologies has 3 current directors:
- Aashish Prakash Kulkarni - Director
- Shripad Kamalesh Nawalkar - Director
- Hitesh Maheshkumar Shukla - Director
The latest financial statements of Niseva Technologies 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 Niseva Technologies is 27AADCN9810F1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Niseva Technologies is U72900MH2012PTC230623. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Niseva Technologies was incorporated on 04 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Niseva Technologies by revenue are Sundaravel Marketing Company Private Limited, New Metal Vision Private Limited, Ipexcel Services Private Limited, Indesign Office Solutions Private Limited, Su-Nav Ship Management Private Limited and 5 more, all in the same principal business activity (other professional, scientific and technical activities).
Mahesh Babulal Shukla ceased to be Director on 12 Jan 2023. Saji Chandran Kalathil ceased to be Director on 12 Jan 2023. Shripad Kamalesh Nawalkar was appointed as Director on 20 Nov 2020. Niseva Technologies has 5 board changes on record in total.
Yes, Niseva Technologies is registered as an MSME under Udyam registration (number: UDYAM-MH-19-0177877).
Niseva Technologies can be reached through the website niseva.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Niseva Technologies is at Shop No – 9 Ground Floor Mona Shopping Center, Near Navrang Cinema Dadabhai Road Andheri West, Mumbai, Maharashtra, India – 400058.