Nuance Group (India) Private Limited - Company Profile

It is a consumer services private limited company based in Bangalore North, Karnataka, India, established in 2006.

2006 Bangalore North, Karnataka, India Active

Last Updated: December 18, 2025

About Nuance Group (India) Private Limited

Nuance Group (India) Private Limited, a active private limited company, was established on 12 December 2006 in Bangalore North, Karnataka, India. Engaging in hypermarkets & large retail chains within the trade sector, it holds CIN: U51228KA2006PTC115512. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹110.00 Cr and a paid-up capital of ₹103.53 Cr.

Formerly known as Shopper's Stop Duty Free Pvt. Ltd.. It upholds a compliant status. Its leadership includes Freda Chi Man Cheung (Additional Director), Vivek Jhunjhunwala (Nominee Director), Prasad Muthu (Director). Past directors included Salil Nair, Kavanal Balasundaram Ranjithkumar, Luis Marin Mas Sarda. It holds no open charges and ₹57.50 Cr settled loans. Its latest AGM occurred on 13 November 2024, with the balance sheet filed on 31 March 2024. It is based at Office No. 8-136, We Work,, Manyata Redwood Block, D3, Manyata Tech Park Road, Bangalore North, Karnataka, 560045.

Company Details

CIN/LLPIN
U51228KA2006PTC115512
Registration Number
115512
Incorporation Date
12 December 2006
Authorized Capital
₹110.00 Cr
Paid-Up Capital
₹103.53 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 110.00 Cr as on 18-12-2025
Paid Up Capital ₹ 103.53 Cr as on 18-12-2025
Company Age 19 Year, 2 Months
Last Filing with ROC 31 Mar 2024
Satisfied Charges ₹ 57.50 Cr as on 18-12-2025
Revenue Growth **** 194.92% (FY 2023)
Profit Growth **** 124.92% (FY 2023)
Ebitda **** 199.40% (FY 2023)
Net Worth 27.24% (FY 2023)
Total Assets **** 37.51% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Nuance Group (India) Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Nuance Group (India) Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Freda Chi Man Cheung	Additional Director	21 Feb 2024	Current
Vivek Jhunjhunwala	Nominee Director	24 Jun 2021	Current
Prasad Muthu	Director	30 Jul 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	31 May 2017	Past
Pramod Abcsdd	Additional Director	28 Jul 2015	Past
Pramod Abcsdd	Additional Director	27 Jul 2016	Past
Pramod Abcsdd	Director	28 Feb 2015	Past
Pramod Abcsdd	Additional Director	01 Sep 2013	Past
Pramod Abcsdd	Director	15 Jan 2015	Past

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Financial Performance of Nuance Group (India).

Nuance Group (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 194.92% increase. The company also saw a substantial improvement in profitability, with a 124.92% increase in profit. The company's net worth Soared by an impressive increase of 27.24%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

194.92%

*******

Revenue from Operations

*******

204.72%

*******

Total Assets

*******

37.51%

*******

Profit or Loss

*******

124.92%

*******

Net Worth

*******

27.24%

*******

EBITDA

*******

199.40%

*******

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What is the Ownership and Shareholding Structure of Nuance Group (India)?

In 2023, Nuance Group (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹575,000,000.00

Charges Breakdown by Lending Institutions

Calyon Bank : 41.00 Cr
Idbi Bank Limited : 16.50 Cr

Latest Charge Details

Date	Lender	Amount	Status
30 Nov 2010	Idbi Bank Limited	₹16.50 Cr	Satisfied
14 May 2008	Calyon Bank	₹41.00 Cr	Satisfied

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How Many Employees Work at Nuance Group (India)?

Unlock and access historical data on people associated with Nuance Group (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Nuance Group (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Nuance Group (India)'s trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Nuance Group (India)

Recent Activity within the Organization

Director Appointment

Progress on Prasad Muthu was appointed as a Director was appointed as a Director on 30 Jul 2025 & has been associated with this company since 7 months 4 days . was documented.
30 Jul 2025
Annual General Meeting

Progress on Nuance Group (India) Private Limited last Annual general meeting of members was held on 13 Nov 2024 as per latest MCA records. was documented.
13 Nov 2024
Director Appointment

The activity Priti Chhabra was appointed as a Company Secretary was appointed as a Company Secretary on 15 Aug 2024 & has been associated with this company since 1 year 6 months . was completed.
15 Aug 2024
Balance Sheet

Progress on Nuance Group (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was documented.
31 Mar 2024
Director Appointment

Progress on Freda Chi Man Cheung was appointed as a Additional Director was appointed as a Additional Director on 21 Feb 2024 & has been associated with this company since 2 years 11 days . was documented.
21 Feb 2024
Director Appointment

Progress on Vivek Jhunjhunwala was appointed as a Nominee Director was appointed as a Nominee Director on 24 Jun 2021 & has been associated with this company since 4 years 8 months . was documented.
24 Jun 2021

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