- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-33-0016540

About NSM Ventures Private Limited
Data last updated:
NSM Ventures Private Limited is a private limited company based in Bhiwandi, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 22 November 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U59113MH1990PTC059113. Its GSTIN is 27AAACN5933C1ZP (Maharashtra).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.7 Cr. It was formerly known as Nirav Silk Mills Private Limited. It is led by directors Harshil Vinod Shah and Nirav Vinod Shah.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1480 New Kaneri Agra Road, Bhiwandi, Maharashtra, India – 421302.
As per the financials filed for FY 2024, the company reported a revenue of ₹162.47 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.66 Cr (net margin 1%) and EBITDA of ₹7.92 Cr (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 21% over five years.
As per MCA filings, the company has open charges of ₹64.4 Cr and satisfied charges of ₹34.19 Cr on record. Court records list 27 cases involving the company, including 2 filed by the company and 25 filed against it; 23 cases are pending. The company has 10 deals on record (5 funding rounds, 5 secondary share transfers), with disclosed funding of ₹9.8 Cr; the latest was in March 2022. Its 9 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 5 larger and 4 smaller; the largest is Sidhivinayak Filaments Private Limited with revenue of ₹163.58 Cr.
NSM Ventures Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0016540). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website niravsilkmills.com.
Company details
Recognitions & Rankings of NSM Ventures
Contact details
NSM Ventures Private Limited's registered office is in Bhiwandi, Maharashtra. Its website is niravsilkmills.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1480 New Kaneri Agra Road, Bhiwandi, Maharashtra, India – 421302
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of NSM Ventures 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
Business activity
The main business activity of NSM Ventures is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of NSM Ventures Private Limited, buy the company report.
Financials of NSM Ventures Private Limited
FY 2024 filings availableNSM Ventures Private Limited reported revenue of ₹162.47 Cr (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 1% growth in the latest year. EBITDA rose 36% 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 | ₹7.92 Cr | ||||
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| Net Profit (PAT) | ₹1.66 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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| Profitability | |||||
| EBITDA Margin | 4.9% | ||||
| Net Profit Margin | 1% | ||||
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To see the full financial statements and ratios of NSM Ventures Private Limited, buy the company report.
Board of directors of NSM Ventures Private Limited
NSM Ventures has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshil Vinod Shah Also directs: R K Pride LLP, JVK Industries Private Limited | Director | 17 Aug 2011 | 15 Years 2 Months | Current |
| Nirav Vinod Shah Also directs: MNV Hospitality LLP | Director | 17 Aug 2011 | 15 Years 2 Months | Current |
Peer comparison
NSM Ventures Private Limited is compared with the 9 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sidhivinayak Filaments Private Limited | ₹163.58 Cr (FY 2025) | 659.0% | Mumbai, Maharashtra, India | |||
| S B T Apparels Private Limited | ₹163.21 Cr (FY 2024) | 9.0% | Palladam, Tamil Nadu, India | |||
| S.Aradhana Knitting Mills Private Limited | ₹163.01 Cr (FY 2025) | 415.0% | Tirupur, Tamil Nadu, India | |||
| Ravi Exports Limited | ₹162.72 Cr (FY 2025) | 13.0% | Surat, Gujarat, India | |||
| Umiya Spintex Private Limited | ₹162.62 Cr (FY 2025) | 7.0% | Surendranagar, Gujarat, India | |||
| NSM Ventures Private Limitedthis company | ₹162.47 Cr (FY 2024) | ₹1.66 Cr | 1% | 1.0% | Bhiwandi, Maharashtra, India | |
| Jai Maa Processors Private Limited | ₹162.38 Cr (FY 2025) | 4.0% | Himachal Pradesh, India | |||
| Ata Agro Commodities Limited | ₹162.08 Cr (FY 2018) | 91.0% | Hyderabad, Telangana, India | |||
| Prince Spinners Private Limited | ₹162 Cr (FY 2025) | -1.0% | Gangad Ta Bavla, Gujarat, India | |||
| Eagle Fashions Pvt Ltd | ₹161.98 Cr (FY 2025) | 36.0% | Surat, Gujarat, India |
To see the full peer comparison of NSM Ventures Private Limited, buy the company report.
Auditor
NSM Ventures Private Limited is audited by DIVYESH J SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DIVYESH J SHAH & ASSOCIATES | FY 2023 | 118227W |
Shareholding
The shareholding of NSM Ventures Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of NSM Ventures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Feb 2025 | 101067326 | Others | ₹50 Lakh | Open | |
| 05 Feb 2025 | 101055036 | Others | ₹1.09 Cr | Open | |
| 31 Jan 2025 | 101050192 | Others | ₹50 Lakh | Open | |
| 24 Dec 2024 | 101059835 | Others | ₹40 Lakh | Open | |
| 18 Nov 2024 | 101034212 | Others | ₹50 Lakh | Open |
To see the full charge records of NSM Ventures Private Limited, buy the company report.
Total charge records: 26 View all charges
Deals & funding
NSM Ventures Private Limited has 10 deals on record (5 funding rounds, 5 secondary share transfers), with disclosed funding of ₹9.8 Cr; the latest was in March 2022.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Ratilal L Shah HUF, Tarachand Lakhamsi Shah HUF, Vinod L Shah HUF, an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2021 | Funding round | ₹8 Cr | Investors: 3 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: L K Shah HUF, 3 individuals |
| Oct 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
To see the full deal history of NSM Ventures 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
NSM Ventures Private Limited has 27 court cases on record: 2 filed by NSM Ventures, 25 filed against it. 23 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 24 | 23 |
| High courts | 3 | 1 | 0 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Moneywise Financial Services Pvt Ltd | Pending |
| District court, West, Delhi | Criminal case | Filed against the company by Moneywise Financial Services Pvt Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Accura Capital Private Ltd Through Manoj Tiwari | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed against the company by Blacksoil Capital Private Limited | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Gyansagar Textile Private Limited Through Its Director Mr Lakhu Naoomal Wadhwa | Pending |
To see the full case history of NSM Ventures 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 NSM Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
NSM Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN5933C1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of NSM Ventures Private Limited, buy the company report.
Recent activity
NSM Ventures Private Limited has 10 board changes on record since 1990: 6 appointments and 4 cessations. The latest: Mangesh Motiram Bhosale ceased to be Director on 01 Mar 2023.
44 earlier events are in the company report.
Frequently asked questions
NSM Ventures is an active private limited company based in Bhiwandi, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 22 November 1990 (36+ years old) and is registered under CIN U59113MH1990PTC059113.
NSM Ventures has 2 current directors:
- Harshil Vinod Shah - Director
- Nirav Vinod Shah - Director
The latest financial statements of NSM Ventures on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of NSM Ventures is 27AAACN5933C1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of NSM Ventures is U59113MH1990PTC059113. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
NSM Ventures has 27 court cases on record: 2 filed by the company and 25 filed against it. 23 are pending. Most are in the district courts.
NSM Ventures was incorporated on 22 November 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
NSM Ventures has 10 deals on record (5 funding rounds, 5 secondary share transfers), with disclosed funding of ₹9.8 Cr; the latest was in March 2022.
The peers of NSM Ventures by revenue are Sidhivinayak Filaments Private Limited, S B T Apparels Private Limited, S.Aradhana Knitting Mills Private Limited, Ravi Exports Limited, Umiya Spintex Private Limited and 4 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Mangesh Motiram Bhosale ceased to be Director on 01 Mar 2023. Mangesh Motiram Bhosale was appointed as Director on 01 Apr 2020. Vinod Shah Lakhamshi ceased to be Director on 04 Jul 2019. NSM Ventures has 10 board changes on record in total.
Yes, NSM Ventures is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-33-0016540).