About Nithiravya Private Limited
Data last updated:
Nithiravya Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 16 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016PTC098532. Its GSTIN is 29AAFCN4384G1Z5 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.08 Lakh. It is led by directors Ramani Varun and Ashri Jaiswal.
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.507 Rmv 2nd Stage 3rd Block, Bangalore, Karnataka, India – 560094.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.88 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net loss of ₹28.63 Lakh (net margin -7.4%) and EBITDA of -₹24.03 Lakh (EBITDA margin -6.2%). Revenue has grown at a compounded annual rate (CAGR) of 178% over three years and 196% over five years.
The company is associated with 1 brand: Ziniosa. The company has 1 deal on record (1 funding round); the latest was in May 2025. Its 10 peer companies in the Ecommerce and Internet industry (Broad Based Ecommerce) are compared by revenue, 5 larger and 5 smaller; the largest is Triguna Agritech Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ziniosa.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo.507 Rmv 2nd Stage 3rd Block, Bangalore, Karnataka, India – 560094
- IndustryE-Commerce, General E-Commerce Platforms
- 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
- One PDF report, delivered after checkout
Business Activity of Nithiravya Private Limited
The main business activity of Nithiravya is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Nithiravya Private Limited FY 2025 filings available
Nithiravya Private Limited reported revenue of ₹3.88 Cr (up 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Nithiravya Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 196% over five years, including 29% growth 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 of Nithiravya Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹3.88 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹24.03 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹28.63 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 of Nithiravya Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -7.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Nithiravya are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Nithiravya Private Limited
Nithiravya Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Triguna Agritech Private Limited | •••• | •••• | •••• | •••• | - | Patna, Bihar, India |
| Swackit Digital Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Vibot Online LLP | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| CJ Store Worldwide Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Bhanpurawala Agencies Pvt Ltd. | •••• | •••• | •••• | •••• | - | M.P., Madhya Pradesh, India |
| Nithiravya Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Digiroute Analytics Private Limited | •••• | •••• | •••• | •••• | - | Ballabgarh, Haryana, India |
| Memeraki Retail and Tech Private Limited | •••• | •••• | •••• | •••• | - | Dlf Qe, Haryana, India |
| Pethe Foods Private Limited | •••• | •••• | •••• | •••• | 13 | Solapur, Maharashtra, India |
| Mvendors Ecommerce Marketplace Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Montronics Electronics Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Nithiravya by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Nithiravya Private Limited
Nithiravya Private Limited is audited by SURAJMAL DAGA & CO for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SURAJMAL DAGA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Nithiravya Private Limited
Nithiravya has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramani Varun | Director | 16 Dec 2016 | 9 Years 9 Months | Current |
| Ashri Jaiswal Also directs: Sree Sai Business Promotions Private Limited | Director | 16 Dec 2016 | 9 Years 9 Months | Current |
Ownership and Shareholding of Nithiravya Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Nithiravya Private Limited
Nithiravya Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Nithiravya Private Limited
Nithiravya Private Limited has 1 deal on record (1 funding round); the latest was in May 2025.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2025 | Funding round | Undisclosed | Investors: Inflection Point Ventures |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Nithiravya Private Limited
Nithiravya operates one associated brand: ZINIOSA. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Luxury fashion items are rented via an online subscription marketplace. | ziniosa.com |
Employees and EPFO Compliance at Nithiravya Private Limited
Employment history and EPFO contributions of people linked to Nithiravya.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Nithiravya Private Limited
Nithiravya Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Ashri Jaiswal was appointed as Director on 16 Dec 2016.
Credit Ratings, Litigation & Regulatory Alerts for Nithiravya Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Nithiravya Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Nithiravya Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Nithiravya Private Limited
Nithiravya has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCN4384G1Z5 | Karnataka | Active | 22 Sep 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Nithiravya Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Nithiravya Private Limited
Nithiravya is an active private limited company based in Bangalore, Karnataka, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 16 December 2016 (10+ years old) and is registered under CIN U74999KA2016PTC098532.
Nithiravya reported revenue of ₹3.88 Cr for FY 2025 (up 29% YoY).
Nithiravya has 2 current directors:
- Ramani Varun - Director
- Ashri Jaiswal - Director
Nithiravya reported a net loss of ₹28.63 Lakh (net margin -7.4%) and EBITDA of -₹24.03 Lakh (EBITDA margin -6.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nithiravya is 178% over three years and 196% over five years. In the latest year (FY 2025) revenue rose 29%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nithiravya is 29AAFCN4384G1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Nithiravya is U74999KA2016PTC098532. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nithiravya was incorporated on 16 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Nithiravya has 1 deal on record (1 funding round); the latest was in May 2025.
The peers of Nithiravya by revenue are Triguna Agritech Private Limited, Swackit Digital Private Limited, Vibot Online LLP, CJ Store Worldwide Private Limited, Bhanpurawala Agencies Pvt Ltd. and 5 more, all in the Ecommerce and Internet industry (Broad Based Ecommerce).
Ashri Jaiswal was appointed as Director on 16 Dec 2016. Ramani Varun was appointed as Director on 16 Dec 2016.