MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-03-0034832
Nivetti Systems Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹101.97 Cr
▲ 145% YoY
Net profit · FY 2025
₹20.3 Cr
Net margin 19.9%
EBITDA · FY 2025
₹31.91 Cr
EBITDA margin 31.3%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹14.33 Lakh
Issued & subscribed
Open charges
₹9 Cr
Satisfied ₹12 Cr
Company age
12 yrs
Est. 2014
Employees · EPFO
63
Provident fund records
About Nivetti Systems Private Limited
Data last updated:
Nivetti Systems Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 18 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2014PTC073690. Its GSTIN is 29AAECN6058J1Z0 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹14.33 Lakh. It is led by directors including Raghuveer Krishnamurthy Bangalore and Manjul Khandelwal.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹101.97 Cr, a growth of 145% compared to the previous year. For the same year it recorded a net profit of ₹20.3 Cr (net margin 19.9%) and EBITDA of ₹31.91 Cr (EBITDA margin 31.3%). Revenue has grown at a compounded annual rate (CAGR) of 108% over three years and 135% over five years.
The company has about 63 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Nivetti Systems. As per MCA filings, the company has open charges of ₹9 Cr and satisfied charges of ₹12 Cr on record. The company has 7 deals on record (3 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹26.89 Cr; the latest was in December 2020. Its 9 peer companies in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.) are compared by revenue, 5 larger and 4 smaller; the largest is Vonage Business Communications Private Limited with revenue of ₹104.22 Cr.
Nivetti Systems Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0034832). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nivettisystems.com.
Company details
CIN U72200KA2014PTC073690
Registration Number 073690
Incorporation Date 18 February 2014
ROC Bangalore
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-KR-03-0034832
Key People
Raghuveer Krishnamurthy Bangalore Director Manjul Khandelwal Director Subodh Kumar Garg Nominee Director Recognitions & Rankings of Nivetti Systems
Contact details
Nivetti Systems Private Limited's registered office is in Bangalore, Karnataka. Its website is nivettisystems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No 166 And 167 5th Floor Pid No 178 – M – 0021 21st Main 100 Ft Ring Road 2nd Phase J, P Nagar, Bangalore, Karnataka, India – 560078
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Nivetti Systems Private Limited, buy the company report.
Comprehensive company report
Nivetti Systems 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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Brands
Nivetti Systems operates one associated brand: Nivetti Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Nivetti Systems is focused on secure networking and cybersecurity solutions. | nivettisystems.com |
Business activity
The main business activity of Nivetti Systems is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Nivetti Systems Private Limited, buy the company report.
Financials of Nivetti Systems Private Limited
FY 2025 filings availableNivetti Systems Private Limited reported revenue of ₹101.97 Cr (up 145% YoY) for FY 2025.
Revenue · FY 2025
₹101.97 Cr ▲ 145%
Net profit · FY 2025
₹20.3 Cr margin 19.9%
EBITDA · FY 2025
₹31.91 Cr margin 31.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 145%
3 years · compounded
▲ 108%
5 years · compounded
▲ 135%
EBITDA CAGR growth
1 year
▲ 82%
3 years · compounded
▲ 69%
Revenue has grown at a compounded annual rate (CAGR) of 135% over five years, including 145% growth in the latest year. EBITDA rose 82% 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 | ₹101.97 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹31.91 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20.3 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 | 31.3% | ||||
| Net Profit Margin | 19.9% | ||||
| 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 Nivetti Systems Private Limited, buy the company report.
Board of directors of Nivetti Systems Private Limited
Nivetti Systems has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghuveer Krishnamurthy Bangalore | Director | 18 Feb 2014 | 12 Years 8 Months | Current |
| Manjul Khandelwal | Director | 13 Oct 2014 | 12 Years 0 Months | Current |
| Subodh Kumar Garg | Nominee Director | 01 Feb 2023 | 3 Years 9 Months | Current |
| Manish Bajpai | Director | 27 Aug 2014 | 12 Years 2 Months | Current |
Peer comparison
Nivetti Systems Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vonage Business Communications Private Limited | ₹104.22 Cr (FY 2025) | 3.0% | Bangalore, Karnataka, India | |||
| Stellar Information Technology Private Limited | ₹104.07 Cr (FY 2025) | 4.0% | New Delhi, Delhi, India | |||
| Cimcon Software (India) Private Limited | ₹103.41 Cr (FY 2025) | -16.0% | Ahmedabad, Gujarat, India | |||
| Snap-On Business Solutions India Private Limited | ₹103.29 Cr (FY 2025) | New Delhi, Delhi, India | ||||
| Nineleaps Technology Solutions Private Limited | ₹102.26 Cr (FY 2025) | 9.0% | Bangalore, Karnataka, India | |||
| Nivetti Systems Private Limitedthis company | ₹101.97 Cr (FY 2025) | ₹20.3 Cr | 19.9% | 145.0% | 63 | Bangalore, Karnataka, India |
| Labvantage Solutions Private Limited | ₹101.71 Cr (FY 2025) | 20.0% | Kolkata, West Bengal, India | |||
| Translab Technologies Private Limited | ₹101.37 Cr (FY 2025) | 11.0% | Bangalore, Karnataka, India | |||
| Ces Information Technologies Private Limited | ₹100.95 Cr (FY 2025) | 32.0% | Hyderabad, Telangana, India | |||
| Scientific Games Technologies India Private Limited | ₹100.13 Cr (FY 2025) | 59.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Nivetti Systems Private Limited, buy the company report.
Auditor
Nivetti Systems Private Limited is audited by MDA and Co for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MDA and Co | FY 2025 | 012023S |
Shareholding
The shareholding of Nivetti Systems Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nivetti Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9 Cr
Satisfied charges
₹12 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Aug 2023 | 100827068 | Others | ₹9 Cr | Satisfied | |
| 27 Jul 2022 | 100608178 | Hdfc Bank Limited | ₹3 Cr | Satisfied |
To see the full charge records of Nivetti Systems Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Nivetti Systems Private Limited has 7 deals on record (3 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹26.89 Cr; the latest was in December 2020.
Total deals
7
Funding rounds
3
Rights issues
2
Secondary share transfers
2
Disclosed funding
₹26.89 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2020 | Funding round | ₹3.99 Cr | Investors: HFCL Limited |
| Nov 2019 | Funding round | ₹12.32 Cr | Investors: HFCL Limited , 2 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2015 | Rights issue | ₹1.5 Cr | Investors: Trinity Solutions |
| Jul 2015 | Rights issue | ₹3.6 Lakh | Investors: 4 individuals |
To see the full deal history of Nivetti Systems Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Nivetti Systems 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 Nivetti Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nivetti Systems Private Limited has a workforce of 63 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
63
Active EPFO establishments
1
Employee growth
10.5%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 63 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Nivetti Systems Private Limited, buy the company report.
GST
Nivetti Systems has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECN6058J1Z0 | Karnataka | Active | 01 Jul 2017 |
| 07AAECN6058J1Z6 | Delhi | Active | 08 Apr 2026 |
To see the full GST registrations and return filing status of Nivetti Systems Private Limited, buy the company report.
Recent activity
Nivetti Systems Private Limited has 7 board changes on record since 2014: 4 appointments and 3 cessations. The latest: Subodh Kumar Garg was appointed as Nominee Director on 01 Feb 2023.
AGM
Nivetti Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Nivetti Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 19 Aug 2023 via Charge ID 100827068 with Others was fully satisfied on 20 Mar 2025.
Charges
A charge registered on 27 Jul 2022 via Charge ID 100608178 with Hdfc Bank Limited was fully satisfied on 08 Dec 2023.
Charges
A charge with Others amounted to Rs. 900.00 Lakh with Charge ID 100827068 was registered on 19 Aug 2023.
Appointed
Subodh Kumar Garg was appointed as Nominee Director.
Charges
A charge with Hdfc Bank Limited of Rs. 300.00 Lakh registered on 27 Jul 2022 with Charge ID 100608178 was modified on 30 Jul 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 300.00 Lakh with Charge ID 100608178 was registered on 27 Jul 2022.
Ceased
Jaison Thazhekkadan Devassy ceased to be Additional Director.
Ceased
Manjul Khandelwal ceased to be Additional Director.
Appointed
Manjul Khandelwal was appointed as Director.
Ceased
Ashwin Ramachandran ceased to be Director.
3 earlier events are in the company report.
Frequently asked questions
Nivetti Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 18 February 2014 (12+ years old) and is registered under CIN U72200KA2014PTC073690.
Nivetti Systems has 4 current directors:
- Raghuveer Krishnamurthy Bangalore - Director
- Manjul Khandelwal - Director
- Subodh Kumar Garg - Nominee Director
- Manish Bajpai - Director
The latest financial statements of Nivetti Systems 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 Nivetti Systems is 29AAECN6058J1Z0, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AAECN6058J1Z6 (Delhi).
The CIN (Corporate Identification Number) of Nivetti Systems is U72200KA2014PTC073690. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nivetti Systems was incorporated on 18 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Nivetti Systems has 7 deals on record (3 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹26.89 Cr; the latest was in December 2020.
The peers of Nivetti Systems by revenue are Vonage Business Communications Private Limited, Stellar Information Technology Private Limited, Cimcon Software (India) Private Limited, Snap-On Business Solutions India Private Limited, Nineleaps Technology Solutions Private Limited and 4 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Subodh Kumar Garg was appointed as Nominee Director on 01 Feb 2023. Jaison Thazhekkadan Devassy ceased to be Additional Director on 28 Sep 2017. Manjul Khandelwal ceased to be Additional Director on 28 Sep 2017. Nivetti Systems has 7 board changes on record in total.
Yes, Nivetti Systems is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0034832).
Nivetti Systems can be reached through the website nivettisystems.com. Its registered office is in Bangalore, Karnataka, India.
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