About Nreach Online Services Private Limited
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Nreach Online Services Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Gift Management Asia Pte. Ltd.. It operates in the personalized gifts and merchandise segment of the e-commerce sector. It was incorporated on 02 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2012PTC112573. Its GSTIN is 29AADCN9414H1Z8 (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹6.64 Lakh. It is led by directors Sumit Kumar Khandelwal and Manoj Kumar.
Its last annual general meeting (AGM) was held on 26 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹886.29 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net loss of ₹31.78 Cr (net margin -3.6%) and EBITDA of -₹18.02 Cr (EBITDA margin -2%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years and 52% over five years.
The company has about 327 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Empuls and Xoxoday. As per MCA filings, the company has open charges of ₹157.33 Cr and satisfied charges of ₹24.99 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 15 deals on record (10 funding rounds, 5 secondary share transfers), with disclosed funding of ₹112.64 Cr; the latest was in January 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website xoxoday.com.
Company details
CIN history
Nreach Online Services has one previous CIN (Corporate Identification Number): U72900DL2012PTC233917. The current CIN is U72900KA2012PTC112573, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900KA2012PTC112573 | Current |
| U72900DL2012PTC233917 | Previous |
Contact details
Nreach Online Services Private Limited's registered office is in Bangalore, Karnataka. Its website is xoxoday.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressXoxoday Akr Infinity Second Floor Plot Sy. No. 113, Krishna Reddy Industrial Area 7th Mile Hosur Road, Bangalore, Karnataka, India – 560068
- IndustryE-Commerce, Personalized Gifts & Merchandise
To see the full contact details of Nreach Online Services 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
Nreach Online Services operates two associated brands: Empuls and Xoxoday. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers tools for employee recognition, rewards, surveys, and well-being programs. | empuls.io | |
| AI-powered loyalty, rewards, and employee engagement solutions are provided. | xoxoday.com |
Business activity
The main business activity of Nreach Online Services 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 Nreach Online Services Private Limited, buy the company report.
Financials of Nreach Online Services Private Limited
FY 2024 filings availableNreach Online Services Private Limited reported revenue of ₹886.29 Cr (up 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 52% over five years, including 8% growth in the latest year. EBITDA rose 65% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹18.02 Cr | ||||
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| Net Profit (PAT) | -₹31.78 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -2% | ||||
| Net Profit Margin | -3.6% | ||||
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To see the full financial statements and ratios of Nreach Online Services Private Limited, buy the company report.
Board of directors of Nreach Online Services Private Limited
Nreach Online Services has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumit Kumar Khandelwal | Director | 02 Apr 2012 | 14 Years 7 Months | Current |
| Manoj Kumar Also directs: Asc Dealcom LLP | Director | 08 Jun 2012 | 14 Years 4 Months | Current |
Shareholding
The shareholding of Nreach Online Services 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 Nreach Online Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Aug 2023 | 100845709 | Hdfc Bank Limited | ₹5 Cr | Open | |
| 27 Apr 2023 | 100725791 | The Hongkong and Shanghai Banking Corporation Limited | ₹15 Cr | Open | |
| 25 Jan 2021 | 100431664 | Citi Bank N.A. | ₹5 Cr | Open | |
| 20 Jun 2019 | 100272023 | Hdfc Bank Limited | ₹129.83 Cr | Open | |
| 19 May 2016 | 100035280 | Hdfc Bank Limited | ₹2.5 Cr | Open |
To see the full charge records of Nreach Online Services Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Nreach Online Services Private Limited has 15 deals on record (10 funding rounds, 5 secondary share transfers), with disclosed funding of ₹112.64 Cr; the latest was in January 2024.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2024 | Secondary share transfer | Undisclosed | Buyer: Gift Management Asia Pte Limited Seller: 4 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Gift Management Asia Pte Limited Seller: Mahindra Holidays & Resorts India Limited , 3 individuals |
| Mar 2022 | Funding round | ₹108.32 Cr | Investors: Gift Management Asia Pte Limited |
| Oct 2016 | Funding round | ₹3.1 Cr | Investors: Mahindra Holidays & Resorts India Limited , an individual |
| May 2013 | Funding round | ₹4.9 Lakh | Investors: Shiksha Infotech Private Limited , 2 individuals |
To see the full deal history of Nreach Online Services 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
Nreach Online Services Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal case | Filed against the company by Unisolutions Bengaluru Pvt. Ltd., | Disposed |
To see the full case history of Nreach Online Services 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 Nreach Online Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nreach Online Services Private Limited has a workforce of 327 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Nreach Online Services has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCN9414H1Z8 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nreach Online Services Private Limited, buy the company report.
Recent activity
Nreach Online Services Private Limited has 12 board changes on record since 2012: 3 appointments and 9 cessations. The latest: Christophe Robert Maurice H Ramoisy ceased to be Nominee Director on 06 Jan 2025.
16 earlier events are in the company report.
News
Frequently asked questions
Nreach Online Services is an active private limited company based in Bangalore, Karnataka, India. The company works in personalized gifts and merchandise, within the e-commerce industry. It was incorporated on 02 April 2012 (14+ years old) and is registered under CIN U72900KA2012PTC112573.
Nreach Online Services has 2 current directors:
- Sumit Kumar Khandelwal - Director
- Manoj Kumar - Director
The latest financial statements of Nreach Online Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Nreach Online Services is 29AADCN9414H1Z8, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Nreach Online Services is U72900KA2012PTC112573. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nreach Online Services has 1 court case on record: 1 filed against it.
Nreach Online Services was incorporated on 02 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Nreach Online Services has 15 deals on record (10 funding rounds, 5 secondary share transfers), with disclosed funding of ₹112.64 Cr; the latest was in January 2024.
Christophe Robert Maurice H Ramoisy ceased to be Nominee Director on 06 Jan 2025. Pascal Raoul Robert Xatart ceased to be Nominee Director on 06 Jan 2025. Laurent Olivier Wilfried Xatart ceased to be Nominee Director on 03 Dec 2024. Nreach Online Services has 12 board changes on record in total.
Nreach Online Services can be reached through the website xoxoday.com. Its registered office is in Bangalore, Karnataka, India.
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