Businext Advisory Services Private Limited

Businext Advisory Services Private Limited - service in Vijayapura, Karnataka, India. Directors, charges & compliance details.
CIN U93090KA2020PTC140638 Incorporated 04 November 2020 ROC Bangalore HQ Vijayapura, Karnataka, India
Active Private Limited Company service MSME · Micro
Data last updated
Revenue · FY 2023
₹3.56 Lakh
▲ 4% YoY
Net loss · FY 2023
₹9,297
Net margin -2.6%
EBITDA · FY 2023
₹24,654
EBITDA margin 6.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date

About Businext Advisory Services Private Limited

Data last updated:

Businext Advisory Services Private Limited is a private limited company based in Vijayapura, Karnataka, India. It operates in the service-based operations segment of the services sector. It was incorporated on 04 November 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U93090KA2020PTC140638.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Swati Chanabasappa Mudalgi (Managing Director) and Chandrashekhar Somashekar Muchchandi.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C/O. Mallikarjun D Mudalgi Mirdhe Galli Near Teggin Hanuman Temple Meenaxi Chowk, Vijayapura, Karnataka, India – 586101.

As per the financials filed for FY 2023, the company reported a revenue of ₹3.56 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹9,297 (net margin -2.6%) and EBITDA of ₹24,654 (EBITDA margin 6.9%).

Businext Advisory Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-07-0004018).

Company details

CIN U93090KA2020PTC140638
Registration Number 140638
Incorporation Date 04 November 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-KR-07-0004018
Key People
Swati Chanabasappa Mudalgi Managing Director Chandrashekhar Somashekar Muchchandi Director

Recognitions & Rankings of Businext Advisory Services

MSME (Udyam registered) Ministry of MSME
Category
Micro (2022-23)
Udyam number
UDYAM-KR-07-0004018

Contact details

Businext Advisory Services Private Limited's registered office is in Vijayapura, Karnataka.

  • Registered Address
    C/O. Mallikarjun D Mudalgi Mirdhe Galli Near Teggin Hanuman Temple Meenaxi Chowk, Vijayapura, Karnataka, India – 586101
  • Industry
    Service, Other Services
Comprehensive company report
Businext Advisory Services 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 Businext Advisory Services is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK7Financial Advisory, brokerage and Consultancy Services

To see the full business activity and turnover split of Businext Advisory Services Private Limited, buy the company report.

Financials of Businext Advisory Services Private Limited

FY 2025 filings available

Businext Advisory Services Private Limited reported revenue of ₹3.56 Lakh (up 4% YoY) for FY 2023.

Revenue · FY 2023
₹3.56 Lakh ▲ 4%
Net loss · FY 2023
₹9,297 margin -2.6%
EBITDA · FY 2023
₹24,654 margin 6.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 4%

Revenue rose 4% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2022-23FY 2021-22FY 2020-21
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₹24,654
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹9,297
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

MetricsFY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin6.9%
Net Profit Margin-2.6%
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

To see the full financial statements and ratios of Businext Advisory Services Private Limited, buy the company report.

Board of directors of Businext Advisory Services Private Limited

Businext Advisory Services has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Swati Chanabasappa MudalgiManaging Director04 Nov 20206 Years 0 MonthsCurrent
Chandrashekhar Somashekar MuchchandiDirector04 Nov 20206 Years 0 MonthsCurrent
View all directors

Peer comparison

Businext Advisory Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
SJK Metal and Waste Processors Private Limited₹3.57 Lakh (FY 2025)-99.0%Chennai, Tamil Nadu, India
Shree Bhikshu Education & Health Care Private Limited₹3.57 Lakh (FY 2025)4.0%Kolkata, West Bengal, India
Corporate Guru and Financial Services Private Limited₹3.57 Lakh (FY 2025)29.0%Delhi, India
Askgrow Finserv Private Limited₹3.57 Lakh (FY 2025)-87.0%Khed, Maharashtra, India
Tridigit Financial Services Private Limited₹3.56 Lakh (FY 2023)Coimbatore, Tamil Nadu, India
Businext Advisory Services Private Limitedthis company₹3.56 Lakh (FY 2023)-₹9,297-2.6%4.0%Vijayapura, Karnataka, India
Chill Corporate Consultancy Private Limited₹3.55 Lakh (FY 2024)1.0%Raipur, Chhattisgarh, India
Smartcorp Wealth Solutions Private Limited₹3.55 Lakh (FY 2018)-6.0%Patna, Bihar, India
Mahavir Stock Consultancy Private Limited₹3.54 Lakh (FY 2018)45.0%Thane, Maharashtra, India
Pehal Corporate Solutions Private Limited₹3.54 Lakh (FY 2020)New Delhi, Delhi, India
Rituraj Shares Broking Private Limited₹3.53 Lakh (FY 2025)-62.0%Kolkata, West Bengal, India

To see the full peer comparison of Businext Advisory Services Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Businext Advisory Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Businext Advisory Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Businext Advisory Services Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Chandrashekhar Somashekar Muchchandi was appointed as Director on 04 Nov 2020.

AGM
Businext Advisory Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Businext Advisory Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Chandrashekhar Somashekar Muchchandi was appointed as Director.
Appointed
Swati Chanabasappa Mudalgi was appointed as Managing Director.
Incorporation
04 Nov 2020
Businext Advisory Services Private Limited was registered on 04 Nov 2020 with Roc Bangalore & aged 6 years as per MCA records.

Frequently asked questions

Businext Advisory Services is an active private limited company based in Vijayapura, Karnataka, India. The company works in other services, within the service industry. It was incorporated on 04 November 2020 (6+ years old) and is registered under CIN U93090KA2020PTC140638.

Businext Advisory Services has 2 current directors:

The latest financial statements of Businext Advisory Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.

The CIN (Corporate Identification Number) of Businext Advisory Services is U93090KA2020PTC140638. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Businext Advisory Services was incorporated on 04 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Businext Advisory Services by revenue are SJK Metal and Waste Processors Private Limited, Shree Bhikshu Education & Health Care Private Limited, Corporate Guru and Financial Services Private Limited, Askgrow Finserv Private Limited, Tridigit Financial Services Private Limited and 5 more, all in the same principal business activity (financial advisory, brokerage and consultancy services).

Chandrashekhar Somashekar Muchchandi was appointed as Director on 04 Nov 2020. Swati Chanabasappa Mudalgi was appointed as Managing Director on 04 Nov 2020.

Yes, Businext Advisory Services is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-07-0004018).

The registered office of Businext Advisory Services is at CO. Mallikarjun D Mudalgi Mirdhe Galli Near Teggin Hanuman Temple Meenaxi Chowk, Vijayapura, Karnataka, India – 586101.

Businext Advisory Services operates in the service industry, in the other services segment.

Businext Advisory Services can be reached at its registered office: CO. Mallikarjun D Mudalgi Mirdhe Galli Near Teggin Hanuman Temple Meenaxi Chowk, Vijayapura, Karnataka, India – 586101.