Niveus Solutions Private Limited

Niveus Solutions Private Limited - information technology in Udupi, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2013PTC068576 Incorporated 17 April 2013 ROC Bangalore HQ Udupi, Karnataka, India
Active Private Limited Company information technology MSME · Medium
Revenue · FY 2025
₹301.77 Cr
▲ 43% YoY
Net loss · FY 2025
₹48.5 Cr
Net margin -16.1%
EBITDA · FY 2025
-₹44.49 Cr
EBITDA margin -14.7%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹5.47 Cr
Issued & subscribed
Open charges
₹7 Cr
Satisfied ₹11.91 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
1,079
Provident fund records

About Niveus Solutions Private Limited

Data last updated:

Niveus Solutions Private Limited is a private limited company based in Udupi, Karnataka, India. It operates in the cloud computing and cloud services segment of the technology and IT services sector. It was incorporated on 17 April 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2013PTC068576. Its GSTIN is 29AAECN3100F1ZW (Karnataka).

The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹5.47 Cr. It is led by directors including Ashish Dak and Patricia Aguilo.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Udupi, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹301.77 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net loss of ₹48.5 Cr (net margin -16.1%) and EBITDA of -₹44.49 Cr (EBITDA margin -14.7%). Revenue has grown at a compounded annual rate (CAGR) of 74% over three years and 113% over five years.

The company has about 1,079 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Niveus Solutions. As per MCA filings, the company has open charges of ₹7 Cr and satisfied charges of ₹11.91 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending. The company has 12 deals on record (9 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹5 Cr; the latest was in November 2024.

Niveus Solutions Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-26-0000432). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website niveussolutions.com.

Company details

CIN U72900KA2013PTC068576
Registration Number 068576
Incorporation Date 17 April 2013
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-26-0000432
Key People
Ashish Dak Director Patricia Aguilo Director Vijay Thodoor Ranganathan Director

Recognitions & Rankings of Niveus Solutions

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-KR-26-0000432

Contact details

Niveus Solutions Private Limited's registered office is in Udupi, Karnataka. Its website is niveussolutions.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    niveussolutions.com
  • Social Media
  • Registered Address
    Door No.4 – 5 – 14A(9) & 4 – 5 – 14A(10) 3rd Floor Amruth Arcade Govinda Kalyana Mantapa Road Kin, Nimulky, Udupi, Karnataka, India – 576101
  • Industry
    Information Technology, Cloud Computing & Cloud Services

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Comprehensive company report
Niveus Solutions 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Niveus Solutions operates one associated brand: Niveus Solutions. Each brand links to its own profile.

BrandDescriptionWebsite
Niveus Solutions
Google Cloud-based modernization and managed services are provided.niveussolutions.com

Business activity

The main business activity of Niveus Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communication62Computer programming, consultancy and related activities

To see the full business activity and turnover split of Niveus Solutions Private Limited, buy the company report.

Financials of Niveus Solutions Private Limited

FY 2025 filings available

Niveus Solutions Private Limited reported revenue of ₹301.77 Cr (up 43% YoY) for FY 2025.

Revenue · FY 2025
₹301.77 Cr ▲ 43%
Net loss · FY 2025
₹48.5 Cr margin -16.1%
EBITDA · FY 2025
-₹44.49 Cr margin -14.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 43%
3 years · compounded
▲ 74%
5 years · compounded
▲ 113%
EBITDA CAGR growth
3 years · compounded
▼ 91%
5 years · compounded
▼ 111%

Revenue has grown at a compounded annual rate (CAGR) of 113% over five years, including 43% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹301.77 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹44.49 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹48.5 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-14.7%
Net Profit Margin-16.1%
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 Niveus Solutions Private Limited, buy the company report.

Board of directors of Niveus Solutions Private Limited

Niveus Solutions has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ashish Dak
Also directs: NTT Cloud Voice and Communications India Private Limited, NTT Managed Services India Private Limited
Director03 Feb 20251 Years 9 MonthsCurrent
Patricia Aguilo
Also directs: NTT Managed Services India Private Limited
Director03 Feb 20251 Years 9 MonthsCurrent
Vijay Thodoor Ranganathan
Also directs: NTT Cloud Infrastructure India Private Limited, NTT Security (India) Private Limited
Director03 Feb 20251 Years 9 MonthsCurrent
View all directors

Auditor

Niveus Solutions Private Limited is audited by KAMATH & RAU for the financial year 2025.

Auditor firmFinancial yearFirm registration number
KAMATH & RAUFY 2025001689S

Shareholding

The shareholding of Niveus Solutions 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 categoryFY 2025FY 2024FY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Niveus Solutions Private Limited, buy the company report.

Charges & borrowings

Open charges
₹7 Cr
Satisfied charges
₹11.91 Cr
Breakdown by lending institutions
Others₹7.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 Mar 2021100432151Others₹7 CrOpen
27 Mar 2024100906036Others₹10 CrSatisfied
25 Jan 2023100675726Others₹1.8 CrSatisfied
31 Jan 2019100240865State Bank of India₹11 LakhSatisfied

To see the full charge records of Niveus Solutions Private Limited, buy the company report.

Total charge records: 4 View all charges

Deals & funding

Niveus Solutions Private Limited has 12 deals on record (9 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹5 Cr; the latest was in November 2024.

Total deals
12
Secondary share transfers
9
Rights issue
1
Funding round
1
Acquisition
1
Disclosed funding
₹5 Cr

Deals on record (5 of 12)

WhenDealAmountParties
Nov 2024AcquisitionUndisclosedBuyer: an individual
Mar 2023Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals
Apr 2022Funding round₹5 CrInvestors: an individual
Mar 2022Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Jan 2022Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

To see the full deal history of Niveus Solutions Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Niveus Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Niveus Solutions Private Limited has a workforce of 1,079 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
1,079
Active EPFO establishments
1
Employee growth
8.7%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-271,079
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 Niveus Solutions Private Limited, buy the company report.

GST

Niveus Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAECN3100F1ZWKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Niveus Solutions Private Limited, buy the company report.

Recent activity

Niveus Solutions Private Limited has 11 board changes on record since 2015: 3 appointments and 8 cessations. The latest: Ashish Dak was appointed as Director on 03 Feb 2025.

Filing
Niveus Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 27 Mar 2024 via Charge ID 100906036 with Others was fully satisfied on 21 Feb 2025.
Charges
A charge registered on 25 Jan 2023 via Charge ID 100675726 with Others was fully satisfied on 18 Feb 2025.
Appointed
Ashish Dak was appointed as Director.
Ceased
Ashish Dak ceased to be Additional Director.
Appointed
Patricia Aguilo was appointed as Director.
Ceased
Patricia Aguilo ceased to be Additional Director.
Ceased
Roshan Bava ceased to be Director.
Appointed
Vijay Thodoor Ranganathan was appointed as Director.
Ceased
Vijay Thodoor Ranganathan ceased to be Additional Director.
AGM
Niveus Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100906036 was registered on 27 Mar 2024.

10 earlier events are in the company report.

News

Frequently asked questions

Niveus Solutions is an active private limited company based in Udupi, Karnataka, India. The company works in cloud computing and cloud services, within the information technology industry. It was incorporated on 17 April 2013 (13+ years old) and is registered under CIN U72900KA2013PTC068576.

Niveus Solutions has 3 current directors:

The latest financial statements of Niveus Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Niveus Solutions is 29AAECN3100F1ZW, registered in Karnataka.

The CIN (Corporate Identification Number) of Niveus Solutions is U72900KA2013PTC068576. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Niveus Solutions has 2 court cases on record: 2 filed by the company. 2 are pending.

Niveus Solutions was incorporated on 17 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.

Niveus Solutions has 12 deals on record (9 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹5 Cr; the latest was in November 2024.

Ashish Dak was appointed as Director on 03 Feb 2025. Ashish Dak ceased to be Additional Director on 03 Feb 2025. Patricia Aguilo was appointed as Director on 03 Feb 2025. Niveus Solutions has 11 board changes on record in total.

Yes, Niveus Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-26-0000432).