- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0068771

About Nisiki Technologies Private Limited
Data last updated:
Nisiki Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 06 January 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29130KA1997PTC021609. Its GSTIN is 29AAACN6362P1ZT (Karnataka). The company holds 6 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹3.1 Cr and a paid-up capital of ₹3 Cr. It is led by directors Vittal Belandor (Whole-Time Director) and Jayashree Belandor (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.23/A 4th Main Tumkur Road Yeshwanthpur Industrial Suburb, Bangalore, Karnataka, India – 560022.
As per the financials filed for FY 2025, the company reported a revenue of ₹105.08 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹2.82 Cr (net margin 2.7%) and EBITDA of ₹7.51 Cr (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 9% over five years.
The company has about 42 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Poise Scooters. As per MCA filings, the company has open charges of ₹24.84 Cr and satisfied charges of ₹23.71 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it. The company has 3 deals on record (2 rights issues, 1 funding round), with disclosed funding of ₹14.5 Lakh; the latest was in December 2020. Its 5 peer companies in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 3 larger and 2 smaller; the largest is Alcomex Springs Private Limited with revenue of ₹106.52 Cr.
Nisiki Technologies Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0068771). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nisikitech.com.
Company details
Recognitions & Rankings of Nisiki Technologies
Contact details
Nisiki Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is nisikitech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.23/A 4th Main Tumkur Road Yeshwanthpur Industrial Suburb, Bangalore, Karnataka, India – 560022
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Nisiki Technologies 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
Brands
Nisiki Technologies operates one associated brand: Poise Scooters. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform providing slot games, Togel, casino, and betting activities. | poisescooters.com |
Business activity
The main business activity of Nisiki Technologies is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Nisiki Technologies Private Limited, buy the company report.
Financials of Nisiki Technologies Private Limited
FY 2024 filings availableNisiki Technologies Private Limited reported revenue of ₹105.08 Cr (up 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 16% growth in the latest year. EBITDA fell 2% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7.51 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.82 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | ||||
| Net Profit Margin | 2.7% | ||||
| 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 Nisiki Technologies Private Limited, buy the company report.
Board of directors of Nisiki Technologies Private Limited
Nisiki Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vittal Belandor Also directs: Nyl Electric Private Limited, Poise Electric Private Limited | Whole-Time Director | 06 Jan 1997 | 29 Years 9 Months | Current |
| Jayashree Belandor Also directs: Nyl Electric Private Limited, Poise Electric Private Limited | Whole-Time Director | 06 Jan 1997 | 29 Years 9 Months | Current |
Peer comparison
Nisiki Technologies Private Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alcomex Springs Private Limited | ₹106.52 Cr (FY 2024) | 28.0% | Pune, Maharashtra, India | |||
| Aparna Tools and Components Private Limited | ₹105.93 Cr (FY 2024) | 11.0% | Pithampur, Madhya Pradesh, India | |||
| Kanin Industries Private Limited | ₹105.91 Cr (FY 2025) | 4.0% | New Delhi, Delhi, India | |||
| Nisiki Technologies Private Limitedthis company | ₹105.08 Cr (FY 2025) | ₹2.82 Cr | 2.7% | 16.0% | 42 | Bangalore, Karnataka, India |
| Airtech Systems (India) Private Limited | ₹104.28 Cr (FY 2025) | 11.0% | Mumbai, Maharashtra, India | |||
| Lamda Components Private Limited | ₹102.69 Cr (FY 2025) | 13.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Nisiki Technologies Private Limited, buy the company report.
Auditor
Nisiki Technologies Private Limited is audited by ASHOK KUMAR M for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHOK KUMAR M | FY 2023 | 026882 |
Shareholding
The shareholding of Nisiki 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 Nisiki Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Oct 2020 | 100382606 | Others | ₹2.96 Cr | Open | |
| 19 Jun 2018 | 100187081 | Others | ₹21.88 Cr | Open | |
| 14 Feb 2017 | 100082510 | Karnataka Bank Ltd. | ₹2.5 Cr | Satisfied | |
| 27 Jul 2016 | 100046009 | Others | ₹50 Lakh | Satisfied | |
| 18 Feb 2016 | 10621646 | The Karnataka Bank Limited | ₹60 Lakh | Satisfied |
To see the full charge records of Nisiki Technologies Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Nisiki Technologies Private Limited has 3 deals on record (2 rights issues, 1 funding round), with disclosed funding of ₹14.5 Lakh; the latest was in December 2020.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2020 | Rights issue | ₹67 Lakh | Investors: 2 individuals |
| Mar 2017 | Rights issue | ₹2.08 Cr | Investors: 2 individuals |
| Jan 2007 | Funding round | ₹14.5 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nisiki Technologies Private Limited has 6 court cases on record: 4 filed by Nisiki Technologies, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 2 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against S S Fine Motors and Appliances Pvt Ltd and Others | Disposed |
| District court, South West, Delhi | Commercial suit | Filed by the company against M/S Gravs Appliances Pvt. Ltd and 4 others | Disposed |
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Nisiki Technologies 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
Nisiki Technologies Private Limited was last rated by Icra on 28 Apr 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 28 Apr 2022 |
To see the full credit ratings and regulatory alerts of Nisiki Technologies Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nisiki Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Nisiki Technologies has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Nisiki Technologies Private Limited has a workforce of 42 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Nisiki Technologies has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACN6362P1ZT | Karnataka | Active | 01 Jul 2017 |
| 07AAACN6362P2ZY | Delhi | Active | 01 Jul 2017 |
| 27AAACN6362P1ZX | Maharashtra | Active | 01 Jul 2017 |
| 33AAACN6362P1Z4 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nisiki Technologies Private Limited, buy the company report.
Recent activity
Nisiki Technologies Private Limited has 2 board changes on record since 1997: 2 appointments. The latest: Jayashree Belandor was appointed as Whole-Time Director on 06 Jan 1997.
20 earlier events are in the company report.
Frequently asked questions
Nisiki Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 06 January 1997 (29+ years old) and is registered under CIN U29130KA1997PTC021609.
Nisiki Technologies has 2 current directors:
- Vittal Belandor - Whole-Time Director
- Jayashree Belandor - Whole-Time Director
The latest financial statements of Nisiki Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Nisiki Technologies is 29AAACN6362P1ZT, registered in Karnataka. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 07AAACN6362P2ZY (Delhi), 27AAACN6362P1ZX (Maharashtra), 33AAACN6362P1Z4 (Tamil Nadu).
The CIN (Corporate Identification Number) of Nisiki Technologies is U29130KA1997PTC021609. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nisiki Technologies has 6 court cases on record: 4 filed by the company and 2 filed against it.
Nisiki Technologies was incorporated on 06 January 1997, making it 29+ years old. It is registered with the Registrar of Companies, Bangalore.
Nisiki Technologies has 3 deals on record (2 rights issues, 1 funding round), with disclosed funding of ₹14.5 Lakh; the latest was in December 2020.
The peers of Nisiki Technologies by revenue are Alcomex Springs Private Limited, Aparna Tools and Components Private Limited, Kanin Industries Private Limited, Airtech Systems (India) Private Limited, Lamda Components Private Limited, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Jayashree Belandor was appointed as Whole-Time Director on 06 Jan 1997. Vittal Belandor was appointed as Whole-Time Director on 06 Jan 1997.
Yes, Nisiki Technologies is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0068771).