- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-02-0047477

About Grameenext Private Limited
Data last updated:
Grameenext Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the supply chain outsourcing services segment of the business process outsourcing sector. It was incorporated on 09 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U51909TN2019PTC131506. Its GSTIN is 33AAHCG9846N1ZX (Tamil Nadu). The company holds 13 GST registrations, of which 11 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Venkata Krishnan and Devaraj Satish Kumar.
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 Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹95.78 Cr, a decline of 46% compared to the previous year. For the same year it recorded a net loss of ₹53.56 Lakh (net margin -0.6%) and EBITDA of -₹44.9 Lakh (EBITDA margin -0.5%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years and 89% over five years.
The company has about 29 employees on its provident fund (EPFO) records.
Grameenext Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0047477). For more details, the company can be reached via its website nexusi.in.
Recognitions & Rankings of Grameenext
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressDoor No. 453 (Old No.312) Fathima Akhtar Court 5th & 6th Floor, Anna Salai Teynampet, Chennai, Tamil Nadu, India – 600018
- IndustryBusiness Outsourcing, Supply Chain Outsourcing Services
- 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
- One PDF report, delivered after checkout
Business Activity of Grameenext Private Limited
The main business activity of Grameenext is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Grameenext Private Limited FY 2025 filings available
Grameenext Private Limited reported revenue of ₹95.78 Cr (down 46% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Grameenext Private Limited
Revenue fell 46% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 89%. EBITDA fell 108% 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 of Grameenext Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | -₹44.9 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹53.56 Lakh | •••• | •••• | •••• | •••• |
| 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 of Grameenext Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Grameenext are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Grameenext Private Limited
Grameenext has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkata Krishnan Also directs: Nexus Innovative Solutions Private Limited | Director | 09 Sep 2019 | 7 Years 1 Months | Current |
| Devaraj Satish Kumar Also directs: Nexus Innovative Solutions Private Limited, Madras Boat Club | Director | 09 Sep 2019 | 7 Years 1 Months | Current |
Peer Comparison of Grameenext Private Limited
Grameenext Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Supply Chain Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Emiza Supply Chain Services Private Limited | ₹144.67 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Mumbai, Maharashtra, India |
| World Courier (India) Private Limited | ₹144.55 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Bangalore, Karnataka, India |
| Bombay Metrics Supply Chain Limited | ₹102.72 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Mumbai, Maharashtra, India |
| Vyapaar Vistaar Tech Private Limited | ₹102.71 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Indore, Madhya Pradesh, India |
| Optimizing Resources Private Limited | ₹96.17 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Bangalore, Karnataka, India |
| Grameenext Private Limited this company | ₹95.78 Cr (FY 2025) | •••• | •••• | -46.0% | •••• | Chennai, Tamil Nadu, India |
| Atc Supply Chain Solutions Private Limited | ₹90.76 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | New Delhi, Delhi, India |
| Ligentia Supply Chain India Private Limited | ₹89.98 Cr (FY 2025) | •••• | •••• | 543.0% | •••• | Mumbai, Maharashtra, India |
| Shipskart Marine Private Limited | ₹84.51 Cr (FY 2024) | •••• | •••• | 60.0% | •••• | New Delhi, Delhi, India |
| Chaintechpluss Ventures Private Limited | ₹75.39 Cr (FY 2025) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Sevenloop Technology Private Limited | ₹72.33 Cr (FY 2024) | •••• | •••• | 143.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Grameenext by revenue in the Outsourcing industry (Supply Chain Outsourcing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Grameenext Private Limited
Grameenext Private Limited is audited by GOVIND AND BALA ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GOVIND AND BALA ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Grameenext Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Grameenext Private Limited
Grameenext Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Grameenext Private Limited
Grameenext Private Limited has a workforce of 29 employees as of Apr 01, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Grameenext Private Limited
Grameenext Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Udayalur Rajamani Sriram Shankkar ceased to be Director on 19 Mar 2022.
Credit Ratings, Litigation & Regulatory Alerts for Grameenext Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Grameenext Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Grameenext Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Grameenext Private Limited
Grameenext has 13 GST registrations: 11 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCG9846N1ZX | Tamil Nadu | Active | 08 Nov 2019 |
| 24AAHCG9846N1ZW | Gujarat | Active | 13 Jan 2020 |
| 21AAHCG9846N1Z2 | Odisha | Active | 28 Jan 2020 |
| 08AAHCG9846N1ZQ | Rajasthan | Active | 03 Feb 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Grameenext Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Grameenext Private Limited
Grameenext is an active private limited company based in Chennai, Tamil Nadu, India. The company works in supply chain outsourcing services, within the business outsourcing industry. It was incorporated on 09 September 2019 (7+ years old) and is registered under CIN U51909TN2019PTC131506.
Grameenext reported revenue of ₹95.78 Cr for FY 2025 (down 46% YoY).
Grameenext has 2 current directors:
- Venkata Krishnan - Director
- Devaraj Satish Kumar - Director
Grameenext reported a net loss of ₹53.56 Lakh (net margin -0.6%) and EBITDA of -₹44.9 Lakh (EBITDA margin -0.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Grameenext is 44% over three years and 89% over five years. In the latest year (FY 2025) revenue fell 46%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Grameenext is 33AAHCG9846N1ZX, registered in Tamil Nadu. The company has 13 GST registrations in all, of which 11 are active and 2 are cancelled or inactive. Other active GSTINs include 24AAHCG9846N1ZW (Gujarat), 21AAHCG9846N1Z2 (Odisha), 08AAHCG9846N1ZQ (Rajasthan).
The CIN (Corporate Identification Number) of Grameenext is U51909TN2019PTC131506. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grameenext was incorporated on 09 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Grameenext by revenue are Emiza Supply Chain Services Private Limited, World Courier (India) Private Limited, Bombay Metrics Supply Chain Limited, Vyapaar Vistaar Tech Private Limited, Optimizing Resources Private Limited and 5 more, all in the Outsourcing industry (Supply Chain Outsourcing).
Udayalur Rajamani Sriram Shankkar ceased to be Director on 19 Mar 2022. Devaraj Satish Kumar was appointed as Director on 09 Sep 2019. Venkata Krishnan was appointed as Director on 09 Sep 2019.
Yes, Grameenext is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-02-0047477).