Private name servers are DNS name servers that are associated with a particular domain name. For example if you are the owner of domain “mycompany.com” then you can set name servers as
ns1. mycompany.com
ns2. mycompany.com
In order to create private name servers, you need to create two records at the registrar end where the domain is registered with associated IP’s provided by your web hosting provider as
ns1. mycompany.com
ns2. mycompany.com
You can input the name server name and IP address through your account and this information will be submitted to the Registry.