- 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 24 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 10 peer companies in the Manufacturing industry (Textiles) are compared by revenue, 5 larger and 5 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.
Recognitions & Rankings of NSM Ventures
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address1480 New Kaneri Agra Road, Bhiwandi, Maharashtra, India – 421302
- IndustryManufacturing, Textile & Fabric Production
- 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
- One PDF report, delivered after checkout
Business Activity of NSM Ventures Private Limited
The main business activity of NSM Ventures is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of NSM Ventures Private Limited FY 2024 filings available
NSM Ventures Private Limited reported revenue of ₹162.47 Cr (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of NSM Ventures Private Limited
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 of NSM Ventures Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹7.92 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.66 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 of NSM Ventures Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of NSM Ventures are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
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 of NSM Ventures Private Limited
NSM Ventures Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| 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 Limited this company | ₹162.47 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Bhiwandi, Maharashtra, India |
| Jai Maa Processors Private Limited | ₹162.38 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Himachal Pradesh, India |
| Shyam Lal Goyal Textiles Pvt Ltd | ₹162.27 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | New Delhi, Delhi, 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 |
Peers are the five companies nearest above and the five nearest below NSM Ventures by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of NSM Ventures Private Limited
NSM Ventures Private Limited is audited by DIVYESH J SHAH & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DIVYESH J SHAH & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of NSM Ventures Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of NSM Ventures Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Feb 2025 | Others | ₹50 Lakh | Open |
| 05 Feb 2025 | Others | ₹1.09 Cr | Open |
| 31 Jan 2025 | Others | ₹50 Lakh | Open |
| 24 Dec 2024 | Others | ₹40 Lakh | Open |
| 18 Nov 2024 | Others | ₹50 Lakh | Open |
Total charge records: 26 View all charges
Deals & Funding of NSM Ventures Private Limited
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 |
Full deal history
All 10 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of NSM Ventures Private Limited
NSM Ventures Private Limited has 27 court cases on record: 2 filed by NSM Ventures, 24 filed against it, 1 where it is another party. 23 cases are pending and 4 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 24 | 23 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Accura Capital Private Limited | Pending |
| District court, West, Delhi | Criminal case | Filed against the company by Moneywise Financial Services Private Limited | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Moneywise Financial Services Private Limited | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Gyansagar Textile Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed against the company by Blacksoil Capital Private Limited | Pending |
Full case history
All 27 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at NSM Ventures Private Limited
Employment history and EPFO contributions of people linked to NSM Ventures.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on NSM Ventures Private Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for NSM Ventures Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by NSM Ventures Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of NSM Ventures Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of NSM Ventures Private Limited
NSM Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN5933C1ZP | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of NSM Ventures Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about NSM Ventures Private Limited
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 reported revenue of ₹162.47 Cr for FY 2024 (up 1% YoY).
NSM Ventures has 2 current directors:
- Harshil Vinod Shah - Director
- Nirav Vinod Shah - Director
NSM Ventures reported a net profit of ₹1.66 Cr (net margin 1%) and EBITDA of ₹7.92 Cr (EBITDA margin 4.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of NSM Ventures is 24% over three years and 21% over five years. In the latest year (FY 2024) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
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 24 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 5 more, all in the Manufacturing industry (Textiles).