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Nstore Retech Private Limited - e-commerce in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹8.14 Cr
▲ 33% YoY
Net loss · FY 2025
₹5.59 Cr
Net margin -68.6%
EBITDA · FY 2025
-₹4.44 Cr
EBITDA margin -54.6%
Authorised capital
₹56.5 Lakh
Registered with MCA
Paid-up capital
₹53.11 Lakh
Issued & subscribed
Open charges
₹90 Lakh
Satisfied ₹70 Lakh
Company age
9 yrs
Est. 2017
Employees · EPFO
60
Provident fund records
About Nstore Retech Private Limited
Data last updated:
Nstore Retech Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 10 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2017PTC114903. Its GSTIN is 33AAFCN4837J1ZB (Tamil Nadu).
The company has an authorised share capital of ₹56.5 Lakh and a paid-up capital of ₹53.11 Lakh. It is led by directors including Srinivasan Sudharsan (Whole-Time Director) and Pradeep Kumar Sampath (Whole-Time Director).
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 No. 105 Third Floor Chamiers Road R. A. Puram, Chennai, Tamil Nadu, India – 600028.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.14 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net loss of ₹5.59 Cr (net margin -68.6%) and EBITDA of -₹4.44 Cr (EBITDA margin -54.6%). Revenue has grown at a compounded annual rate (CAGR) of 129% over three years and 55% over five years.
The company has about 60 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: nStore. As per MCA filings, the company has open charges of ₹90 Lakh and satisfied charges of ₹70 Lakh on record. The company has 22 deals on record (9 funding rounds, 6 convertible or debt financings, 6 secondary share transfers), with disclosed funding of ₹13.49 Cr; the latest was in July 2024. The company has 2 MSME Form 1 returns on record between 2019 and 2020, listing 4 overdue payments to 2 micro and small suppliers.
Nstore Retech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0006502). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nstore.in.
Company details
CIN U72900TN2017PTC114903
Registration Number 114903
Incorporation Date 10 February 2017
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0006502
Key People
Srinivasan Sudharsan Whole-Time Director Pradeep Kumar Sampath Whole-Time Director Rangachari Lakshmi Narasimhan Whole-Time Director Recognitions & Rankings of Nstore Retech
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0006502
Contact details
Nstore Retech Private Limited's registered office is in Chennai, Tamil Nadu. Its website is nstore.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressNo. 105 Third Floor Chamiers Road R. A. Puram, Chennai, Tamil Nadu, India – 600028
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Nstore Retech Private Limited, buy the company report.
Comprehensive company report
Nstore Retech 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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Business activity
The main business activity of Nstore Retech is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Nstore Retech Private Limited, buy the company report.
Financials of Nstore Retech Private Limited
FY 2024 filings availableNstore Retech Private Limited reported revenue of ₹8.14 Cr (up 33% YoY) for FY 2025.
Revenue · FY 2025
₹8.14 Cr ▲ 33%
Net loss · FY 2025
₹5.59 Cr margin -68.6%
EBITDA · FY 2025
-₹4.44 Cr margin -54.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 129%
5 years · compounded
▲ 55%
EBITDA CAGR growth
1 year
▼ 136%
3 years · compounded
▼ 29%
5 years · compounded
▼ 38%
Revenue has grown at a compounded annual rate (CAGR) of 55% over five years, including 33% growth in the latest year. EBITDA fell 136% 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 |
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| EBITDA | -₹4.44 Cr | ||||
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| Net Profit (PAT) | -₹5.59 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -54.6% | ||||
| Net Profit Margin | -68.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Nstore Retech Private Limited, buy the company report.
Board of directors of Nstore Retech Private Limited
Nstore Retech has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasan Sudharsan Also directs: Xmile Associates Private Limited, Nstore Vista Private Limited | Whole-Time Director | 02 Feb 2018 | 8 Years 8 Months | Current |
| Pradeep Kumar Sampath Also directs: Nstore Vista Private Limited | Whole-Time Director | 09 Apr 2018 | 8 Years 6 Months | Current |
| Rangachari Lakshmi Narasimhan | Whole-Time Director | 23 Sep 2022 | 4 Years 1 Months | Current |
| Narasimhan Renukha | Whole-Time Director | 10 Feb 2017 | 9 Years 8 Months | Current |
| Saranayaki Pradeep Kumar Also directs: Univarrg Technologies Private Limited | Director | 10 Feb 2017 | 9 Years 8 Months | Current |
Auditor
Nstore Retech Private Limited is audited by G P V S AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G P V S AND ASSOCIATES | FY 2023 | 0328050E |
Shareholding
The shareholding of Nstore Retech 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 Nstore Retech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹90 Lakh
Satisfied charges
₹70 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Dec 2024 | 101026639 | City Union Bank Limited | ₹90 Lakh | Open | |
| 18 Aug 2021 | 100485413 | Others | ₹70 Lakh | Satisfied |
To see the full charge records of Nstore Retech Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Nstore Retech Private Limited has 22 deals on record (9 funding rounds, 6 convertible or debt financings, 6 secondary share transfers), with disclosed funding of ₹13.49 Cr; the latest was in July 2024.
Total deals
22
Funding rounds
9
Convertible or debt financings
6
Secondary share transfers
6
Rights issue
1
Disclosed funding
₹13.49 Cr
Deals on record (5 of 22)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2024 | Funding round | ₹1.35 Cr | Investors: 2 individuals |
| Jun 2023 | Funding round | ₹25 Lakh | Investors: Grace Solutions |
| May 2020 | Funding round | ₹45 Lakh | Investors: Opus Software Solutions Private Limited , an individual |
| Apr 2020 | Funding round | ₹80 Lakh | Investors: Opus Software Solutions Private Limited , 3 individuals |
| Jun 2019 | Funding round | ₹1.75 Cr | Investors: Opus Software Solutions Private Limited |
To see the full deal history of Nstore Retech 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 Nstore Retech 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
Nstore Retech Private Limited has 2 MSME Form 1 returns on record between 2019 and 2020, listing 4 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| RBJV & Associates | |||
| Cmo Axis Outsourcing Services Private Limited |
To see the full MSME payment records of Nstore Retech Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Nstore Retech has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Nstore Vista Private Limited | U72900MH2022PTC393536 |
To see the full group structure of Nstore Retech Private Limited, buy the company report.
Employees & EPFO
Nstore Retech Private Limited has a workforce of 60 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
60
Active EPFO establishments
1
Employee growth
50%
GST
Nstore Retech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCN4837J1ZB | Tamil Nadu | Active | 11 Dec 2017 |
To see the full GST registrations and return filing status of Nstore Retech Private Limited, buy the company report.
Recent activity
Nstore Retech Private Limited has 10 board changes on record since 2017: 5 appointments and 5 cessations. The latest: Ramesh Laxman Mengawade ceased to be Nominee Director on 28 Feb 2025.
Ceased
Ramesh Laxman Mengawade ceased to be Nominee Director.
Charges
A charge with City Union Bank Limited amounted to Rs. 90.00 Lakh with Charge ID 101026639 was registered on 09 Dec 2024.
AGM
Nstore Retech Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.
Filing
Nstore Retech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Ceased
Rangachari Lakshmi Narasimhan ceased to be Additional Director.
Appointed
Rangachari Lakshmi Narasimhan was appointed as Whole-Time Director.
Ceased
Pradeep Kumar Sampath ceased to be Whole-Time Director.
Charges
A charge registered on 18 Aug 2021 via Charge ID 100485413 with Others was fully satisfied on 18 Jun 2022.
Charges
A charge with Others amounted to Rs. 70.00 Lakh with Charge ID 100485413 was registered on 18 Aug 2021.
Ceased
Narasimhan Renukha ceased to be Director.
Ceased
Srinivasan Sudharsan ceased to be Director.
Appointed
Pradeep Kumar Sampath was appointed as Whole-Time Director.
4 earlier events are in the company report.
News
Frequently asked questions
Nstore Retech is an active private limited company based in Chennai, Tamil Nadu, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 10 February 2017 (9+ years old) and is registered under CIN U72900TN2017PTC114903.
Nstore Retech has 5 current directors:
- Srinivasan Sudharsan - Whole-Time Director
- Pradeep Kumar Sampath - Whole-Time Director
- Rangachari Lakshmi Narasimhan - Whole-Time Director
- Narasimhan Renukha - Whole-Time Director
- Saranayaki Pradeep Kumar - Director
The latest financial statements of Nstore Retech 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 FY 2017 are in the company report.
The GSTIN of Nstore Retech is 33AAFCN4837J1ZB, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Nstore Retech is U72900TN2017PTC114903. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nstore Retech was incorporated on 10 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chennai.
Nstore Retech has 22 deals on record (9 funding rounds, 6 convertible or debt financings, 6 secondary share transfers), with disclosed funding of ₹13.49 Cr; the latest was in July 2024.
Ramesh Laxman Mengawade ceased to be Nominee Director on 28 Feb 2025. Rangachari Lakshmi Narasimhan ceased to be Additional Director on 28 Sep 2022. Rangachari Lakshmi Narasimhan was appointed as Whole-Time Director on 23 Sep 2022. Nstore Retech has 10 board changes on record in total.
Yes, Nstore Retech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Nstore Retech is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0006502).
Nstore Retech has 2 MSME Form 1 returns on record between 2019 and 2020, listing 4 overdue payments to 2 micro and small suppliers. The latest return was filed on 31 Oct 2020.