About Nium India Private Limited
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Nium India Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Nium Pte. Limited. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 05 March 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2015FTC262511. Its GSTIN is 27AADCI7566B1ZK (Maharashtra). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Instarem India Private Limited. It is led by directors Prajit Punathil Nanu and Jilas Kannappan Kakkatthotungal.
Its last annual general meeting (AGM) was held on 23 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B3L5 Nirlon Knowledge Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹185.86 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹14.73 Cr (net margin 7.9%) and EBITDA of ₹29.07 Cr (EBITDA margin 15.6%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 28% over five years.
The company has about 505 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: Tanium, Salonium and NIUM. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it. The company has 2 deals on record (1 funding round, 1 rights issue), with disclosed funding of ₹1.05 Cr; the latest was in July 2022.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nium.com.
Company details
Contact details
Nium India Private Limited's registered office is in Mumbai, Maharashtra. Its website is nium.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressB3L5 Nirlon Knowledge Park Pahadi Village Off. The Western Express Highway Cama Industr, Ial Estate, Mumbai, Maharashtra, India – 400063
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of Nium India 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
Nium India operates multiple associated brands including Tanium, Salonium, and NIUM. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Endpoint security and management solutions are provided for enterprises. | tanium.com | |
| Appointment management software is provided for salons and spas. | salonium.com | |
| Cross-border money transfer solutions are provided for businesses globally. | nium.com |
Business activity
The main business activity of Nium India is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Nium India Private Limited, buy the company report.
Financials of Nium India Private Limited
FY 2024 filings availableNium India Private Limited reported revenue of ₹185.86 Cr (down 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 28%. EBITDA fell 3% 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 |
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| EBITDA | ₹29.07 Cr | ||||
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| Net Profit (PAT) | ₹14.73 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 15.6% | ||||
| Net Profit Margin | 7.9% | ||||
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To see the full financial statements and ratios of Nium India Private Limited, buy the company report.
Board of directors of Nium India Private Limited
Nium India has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prajit Punathil Nanu | Director | 05 Mar 2015 | 11 Years 7 Months | Current |
| Jilas Kannappan Kakkatthotungal | Director | 31 Aug 2024 | 2 Years 2 Months | Current |
Auditor
Nium India Private Limited is audited by Price Waterhouse & Co Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse & Co Chartered Accountants LLP | FY 2023 | 304026E |
Shareholding
The shareholding of Nium India 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 Nium India Private Limited, buy the company report.
Deals & funding
Nium India Private Limited has 2 deals on record (1 funding round, 1 rights issue), with disclosed funding of ₹1.05 Cr; the latest was in July 2022.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2022 | Rights issue | ₹3.12 Cr | Investors: Nium Pte. Limited |
| Sep 2017 | Funding round | ₹1.05 Cr | Investors: Nium Pte. Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nium India Private Limited has 5 court cases on record: 4 filed by Nium India, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Court case (SC(PMLA)) | Filed against the company by an individual | Disposed |
| High Court of Kerala | Court case (Crl.MC) | Filed by the company against an individual | Disposed |
| High Court, MAHARASHTRA | Court case (APEAL) | Filed by the company against The Union of India and Ors. and 3 others | Disposed |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against The Union of India and Ors. | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Union of India & Ors. | Disposed |
To see the full case history of Nium India 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nium India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nium India Private Limited has a workforce of 505 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Nium India has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCI7566B1ZK | Maharashtra | Active | 01 Jul 2017 |
| 27AADCI7566B2ZJ | Maharashtra | Active | 18 Mar 2025 |
| 33AADCI7566B1ZR | Tamil Nadu | Active | 14 Oct 2022 |
| 29AADCI7566B1ZG | Karnataka | Active | 07 Jun 2023 |
To see the full GST registrations and return filing status of Nium India Private Limited, buy the company report.
Recent activity
Nium India Private Limited has 9 board changes on record since 2015: 2 appointments and 7 cessations. The latest: Jilas Kannappan Kakkatthotungal ceased to be Additional Director on 22 Dec 2024.
News
Frequently asked questions
Nium India is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 05 March 2015 (11+ years old) and is registered under CIN U74999MH2015FTC262511.
Nium India has 2 current directors:
- Prajit Punathil Nanu - Director
- Jilas Kannappan Kakkatthotungal - Director
The latest financial statements of Nium India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 23 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Nium India is 27AADCI7566B1ZK, registered in Maharashtra. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 27AADCI7566B2ZJ (Maharashtra), 33AADCI7566B1ZR (Tamil Nadu), 29AADCI7566B1ZG (Karnataka).
The CIN (Corporate Identification Number) of Nium India is U74999MH2015FTC262511. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nium India has 5 court cases on record: 4 filed by the company and 1 filed against it. Most are in the high courts.
Nium India was incorporated on 05 March 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Nium India has 2 deals on record (1 funding round, 1 rights issue), with disclosed funding of ₹1.05 Cr; the latest was in July 2022.
Jilas Kannappan Kakkatthotungal ceased to be Additional Director on 22 Dec 2024. Jilas Kannappan Kakkatthotungal was appointed as Director on 31 Aug 2024. Velmurugan Kanniappan ceased to be Additional Director on 29 Dec 2023. Nium India has 9 board changes on record in total.
Nium India can be reached through the website nium.com. Its registered office is in Mumbai, Maharashtra, India.
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