About INSTAREM INDIA PRIVATE LIMITED
INSTAREM INDIA PRIVATE LIMITED is a Private Limited Company and was incorporated on Dec 18, 2011 in India. It is registered at Registrar of Companies, ROC Bangalore. Its registered address is CUNNINGHAM CLASSIC, 22 CUNNINGHAM RD NOW KNOWN AS SAMPANGI RAMASWAMY TEMPLE ROAD, TASKER TOWN BANGALORE , Bangalore Unclassified KA 560052. Its corporate identification number is (CIN) U63000KA2011PTC061735 and its current status is Active. Its industry classification as per MCA is supporting And Auxiliary Transport Activities; Activities Of Travel Agencies. It had a team size of 223 employees as on May 01, 2026.
INSTAREM INDIA PRIVATE LIMITED's authorised share capital is ₹15Cr and its paid up capital is ₹14.8Cr.
INSTAREM INDIA PRIVATE LIMITED generated between ₹10 Cr and ₹50 Cr in revenue for the financial year ending on Mar 31, 2025.
Key Metrics
CIN
U63000KA2011PTC061735
Location
Current Status
Active
Entity Type
Private Limited Company
Date Of Incorporation
Dec 18, 2011
Company Age
14 Years 6 Months
Registrar of Companies
ROC - Bangalore
Latest Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Latest Employee Count
223 as on May 01, 2026
Authorized Capital
₹15Cr
Paid Up Capital
₹14.8Cr
Contact Details for INSTAREM INDIA PRIVATE LIMITED
- *****@wirecardforex.com
- Registered Address
- CUNNINGHAM CLASSIC, 22 CUNNINGHAM RD NOW KNOWN AS SAMPANGI RAMASWAMY TEMPLE ROAD, TASKER TOWN BANGALORE , Bangalore Unclassified KA 560052
Brands associated with INSTAREM INDIA PRIVATE LIMITED
There are 2 brands associated with INSTAREM INDIA PRIVATE LIMITED which includes Nium Forex and Wirecard Forex .
Name | Short Description | Founded Year | Location | Current Stage |
|---|---|---|---|---|
B2B cross-border payments and foreign exchange management solutions | 2011 | Unfunded | ||
Provider of foreign exchange services | 2011 | Acquired |
Principal Business Activity of INSTAREM INDIA PRIVATE LIMITED
The majority of INSTAREM INDIA PRIVATE LIMITED's turnover comes from Financial and insurance activities.
Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities | aop |
Auditor Details of INSTAREM INDIA PRIVATE LIMITED
Here is the list of auditors of INSTAREM INDIA PRIVATE LIMITED:
Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
S. VISWANATHAN LLP | a{urijo | hemxpwl | wwmnfsj |
Documents of INSTAREM INDIA PRIVATE LIMITEDFY 25 Available
Filing Summary
Here is a summary of filing activity and document availability across financial years:
File Type | FY 24-25 | FY 23-24 | FY 22-23 | FY 21-22 | FY 20-21 |
|---|---|---|---|---|---|
Financial Statements | |||||
Annual Returns |
Latest Financials, Share Allotment and Annual Report
The latest filed financial documents, annual reports, and share allotment filings are shown below:
Recent Filings
Below are the most recent filings submitted by the company:
Document Name | Category | Filing Date |
|---|---|---|
Form INC-22 | Other eForm Documents | Jan 05, 2026 |
Optional attachment(s)- if any | Other eForm Documents | Jan 05, 2026 |
Photograph of Registered Office showing external building and inside office also showing therein at least one director_ KMP who has affixed his_her Digital Signature to this form. | Other eForm Documents | Jan 05, 2026 |
Copies of the utility bills (not older than two months) | Other eForm Documents | Jan 05, 2026 |
Proof of Registered Office address(Conveyance_Lease deed_Rent Agreement etc. along with the rent receipts) along with standard NOC in case of Leased or rented property | Other eForm Documents | Jan 05, 2026 |
Optional attachment(s)- if any | Annual Returns and Balance Sheet eForms | Dec 04, 2025 |
Optional attachment(s)- if any | Annual Returns and Balance Sheet eForms | Dec 04, 2025 |
List of share holders, debenture holders; | Annual Returns and Balance Sheet eForms | Dec 04, 2025 |
Form MGT-7 | Annual Returns and Balance Sheet eForms | Dec 04, 2025 |
Photograph of the registered office of the Company showing external building and name prominently visible | Annual Returns and Balance Sheet eForms | Dec 04, 2025 |
To access all company documents and filings with a single purchase, Buy Financials and Company Filings FY 25 Available
Financials of INSTAREM INDIA PRIVATE LIMITEDFY 25 Available
INSTAREM INDIA PRIVATE LIMITED generated between ₹10 Cr and ₹50 Cr in revenue for the financial year ending on Mar 31, 2025.
Financial Statement Summary
Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
Income Statement | |||||
Revenue | 1238 | 4111 | 8959 | 5100 | 6772 |
Total Sales | 5484 | 9612 | 6915 | 4180 | 4160 |
Total Expenses | 1025 | 3005 | 1082 | 9884 | 5975 |
Operating Expenses | 2079 | 8813 | 3610 | 9734 | 5979 |
Employee Expenses | 3293 | 5815 | 7288 | 1390 | 2492 |
Marketing Expenses | 1956 | 3672 | 3621 | 8540 | 9463 |
Operating Income (EBIT) | 8403 | 3056 | 1428 | 5487 | 3016 |
Interest Expenses | 5019 | 1708 | 4239 | 8439 | 9987 |
Expenses from other activities | 2102 | 3096 | 7397 | 2865 | 9219 |
Information Technology Expenses | 5961 | 3808 | 2133 | 6339 | 9409 |
EBITDA | 4194 | 9767 | 2478 | 3499 | 1142 |
Taxes | 3274 | 1009 | 1415 | 1745 | 1056 |
Net Profit | 5147 | 3540 | 8952 | 9455 | 7852 |
Balance Sheet | |||||
Assets | 5914 | 4212 | 2137 | 6805 | 4869 |
Cash Equivalent | 5788 | 4427 | 4437 | 9677 | 9267 |
Accounts Receivables | 5935 | 6411 | 8615 | 6415 | 3055 |
Inventory | 1230 | 4380 | 6088 | 8370 | 3203 |
Liabilities | 4388 | 5771 | 8556 | 9347 | 1208 |
Total Debt | 2798 | 6246 | 4029 | 3578 | 6624 |
Accounts Payable | 9026 | 6694 | 2737 | 1171 | 4201 |
Equities | 9511 | 4902 | 3591 | 9016 | 4711 |
Cashflow Statement | |||||
Cash from Operating activities | 4053 | 4891 | 1676 | 5383 | 2772 |
Cash from Investing activities | 6931 | 5150 | 7418 | 3110 | 5256 |
Net cash from Financing activities | 9026 | 8743 | 7930 | 6966 | 3991 |
Ratios
Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
Profitability Ratios | |||||
EBITDA Margin | 6469 | 7864 | 1252 | 2748 | 2726 |
EBIT Margin | 3193 | 4456 | 5644 | 7349 | 4572 |
Net Profit Margin | 8014 | 2282 | 9815 | 1194 | 4703 |
Return on Assets (ROA) | 1550 | 9770 | 7161 | 1538 | 4235 |
Return on Equity (ROE) | 9277 | 8674 | 4709 | 9054 | 4790 |
Return on Capital Employed | 4817 | 5103 | 4047 | 6671 | 4039 |
Return on Invested Capital | 3360 | 4230 | 5781 | 1075 | 9111 |
Efficiency Ratios | |||||
Asset Turnover | 7548 | 5865 | 8555 | 3294 | 4560 |
Receivables Turnover | 2030 | 8977 | 6524 | 8601 | 4370 |
Days Sales Outstanding | 4580 | 7150 | 6634 | 9680 | 2560 |
Inventory Turnover | 3271 | 4292 | 3865 | 9920 | 5687 |
Days Inventory Outstanding | 5876 | 7003 | 2448 | 2102 | 2267 |
Payables Turnover | 7136 | 3457 | 2616 | 7343 | 4383 |
Days Payables Outstanding | 8315 | 1477 | 9910 | 7173 | 2976 |
Liquidity Ratios | |||||
Current Ratio | 4746 | 8754 | 8338 | 1265 | 8201 |
Quick Ratio | 7856 | 4831 | 6096 | 3388 | 7528 |
Cash Ratio | 7453 | 4683 | 2002 | 6094 | 6799 |
Coverage Ratios | |||||
Cash Flow Coverage Ratio | 9599 | 3966 | 9046 | 9253 | 2564 |
Debt Ratios | |||||
Debt-to-Equity Ratio | 5419 | 6842 | 6608 | 6083 | 7067 |
Debt Ratio | 3631 | 7900 | 7511 | 3653 | 4125 |
Net Debt | 9083 | 2854 | 6315 | 1997 | 3799 |
Interest Coverage Ratio | 6036 | 4191 | 2589 | 2918 | 1483 |
Debt Service Coverage Ratio | 7991 | 2812 | 3758 | 6678 | 8111 |
Net Debt/EBITDA | 1800 | 3806 | 5466 | 2082 | 8842 |
Solvency Ratios | |||||
Runway (in months) | 3333 | 9186 | 5318 | 5364 | 5665 |
Growth Ratios | |||||
Revenue Growth Rate (CAGR) | 4610 | 2175 | 1809 | 3226 | 8124 |
Earnings Growth Rate (CAGR) | 9356 | 1867 | 7146 | 7867 | 1384 |
Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)
Compounded Annual Growth Rate of INSTAREM INDIA PRIVATE LIMITED
Revenue CAGR | Growth |
|---|---|
1 Year | 0% |
3 Year | 584 |
5 Year | 837 |
EBITDA CAGR | Growth |
|---|---|
1 Year | -64% |
3 Year | 670 |
5 Year | 946 |
MSME Payment Delays by INSTAREM INDIA PRIVATE LIMITED
Credit Ratings of INSTAREM INDIA PRIVATE LIMITED
GSTIN Details of INSTAREM INDIA PRIVATE LIMITED
Legal Cases involving INSTAREM INDIA PRIVATE LIMITED
Employee Count of INSTAREM INDIA PRIVATE LIMITED
INSTAREM INDIA PRIVATE LIMITED has an employee count of 223 as on May 01, 2026.
Date | Employee Count |
|---|---|
May 26 | 223 |
Apr 26 | 488 |
Mar 26 | 688 |
Feb 26 | 906 |
Jan 26 | 471 |
Dec 25 | 109 |
Nov 25 | 430 |
Trademarks of INSTAREM INDIA PRIVATE LIMITED
Patents of INSTAREM INDIA PRIVATE LIMITED
Competitors & Alternates of INSTAREM INDIA PRIVATE LIMITED
There are two brands associated with INSTAREM INDIA PRIVATE LIMITED, namely Nium Forex and Wirecard Forex. Here is the list of the Top 10 competitors of Nium Forex ranked by Tracxn score:
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Wise 2011, Shoreditch (United Kingdom), Public | Provider of international money transfer and multi-currency | $1.03B | 87/100 | |
2nd | Payoneer 2005, New York City (United States), Acquired | Provider of cross-border payment solutions for freelancers, businesses, and marketplaces | $269M | 84/100 | |
3rd | Remitly 2011, Seattle (United States), Public | Provider of international money transfer services with multiple delivery options | $436M | 84/100 | |
4th | Airwallex 2015, San Francisco (United States), Series H | Provider of financial infrastructure for processing payments and managing treasury | $1.9B | 83/100 | |
5th | Ebury 2009, London (United Kingdom), Acquired | Provider of global payment solutions, currency risk management, and business lending | $374M | 79/100 | |
6th | Provider of a global payment infrastructure platform for businesses and financial institutions to facilitate cross-border transactions | $362M | 77/100 | ||
7th | Venmo 2009, New York City (United States), Acquired | Provider of a platform for sending and receiving payments between users | $1.3M | 76/100 | |
8th |  Xoom 2001, San Francisco (United States), Acquired | Provider of online service for international money transfers, bill payments | $106M | 75/100 | |
9th | Remessa Online 2016, Sao Paulo (Brazil), Acquired | Provider of international money transfer services for individuals and businesses | $21.5M | 73/100 | |
10th |  Tipalti 2010, Foster City (United States), Series F | Cloud-based procurement and invoice management solutions for businesses | $553M | 73/100 | |
102nd | Nium Forex 2011, Bengaluru (India), Unfunded | B2B cross-border payments and foreign exchange management solutions | - | - | 40/100 |
To view the full list of competitors of Nium Forex and the other associated brands, Buy Detailed Report
News related to INSTAREM INDIA PRIVATE LIMITED
•
Riverwood leads $200m Series D for SE Asia payments player NiumAsian Venture Capital Journal•Jul 28, 2021•Riverwood Capital, NIUM, Vertex Ventures, Atinum Investment and 9 others
•
Nium: Agrees to buy Wirecard Forex IndiaFintechinshorts•Jul 11, 2021•NIUM, Wirecard Forex, NomuPay, Wirecard
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