Nexchanges Technology Private Limited
About Nexchanges Technology Private Limited
Data last updated:
Nexchanges Technology Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 21 September 2015.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2015PTC268530.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Sagun Garg and Shlok Rajesh Malik.
Its last annual general meeting (AGM) was held on 07 July 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 1202 Ruby Isle Royal Palms Aarey Colony Goregaon (East), Mumbai, Maharashtra, India – 400065.
As per the financials filed for FY 2020, the company reported a revenue of ₹9.49 Lakh, a decline of 5% compared to the previous year. For the same year it recorded a net loss of ₹7.41 Lakh (net margin -78.1%) and EBITDA of -₹7.41 Lakh (EBITDA margin -78.1%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years.
Company details
Contact details
Nexchanges Technology Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1202 Ruby Isle Royal Palms Aarey Colony Goregaon (East), Mumbai, Maharashtra, India – 400065
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Nexchanges Technology Private Limited, buy the company report.
- 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
Financials of Nexchanges Technology Private Limited
FY 2020 filings availableNexchanges Technology Private Limited reported revenue of ₹9.49 Lakh (down 5% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over three years, including a 5% fall 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | -₹7.41 Lakh | ||||
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| Net Profit (PAT) | -₹7.41 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA Margin | -78.1% | ||||
| Net Profit Margin | -78.1% | ||||
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To see the full financial statements and ratios of Nexchanges Technology Private Limited, buy the company report.
Board of directors of Nexchanges Technology Private Limited
Nexchanges Technology has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sagun Garg Also directs: Black & White Aventura LLP | Director | 21 Sep 2015 | 11 Years 1 Months | As last reported |
| Monica Garg Also directs: Happy Gioielleria Enterprizes LLP, Oyeok Maximize Property Private Limited, Trycon Technologies Private Limited and 1 more | Alternate Director | 15 Jul 2019 | 7 Years 3 Months | As last reported |
| Shlok Rajesh Malik Also directs: Black & White Aventura LLP | Director | 21 Sep 2015 | 11 Years 1 Months | As last reported |
Auditor
Nexchanges Technology Private Limited is audited by K.D Sanghvi & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.D Sanghvi & Co. | FY 2017 | 141339 |
Shareholding
The shareholding of Nexchanges Technology Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Nexchanges Technology Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nexchanges Technology Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nexchanges Technology 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 Nexchanges Technology Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Nexchanges Technology Private Limited has 4 board changes on record since 2015: 3 appointments and 1 cessation. The latest: Monica Garg was appointed as Alternate Director on 15 Jul 2019.
Frequently asked questions
Nexchanges Technology has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Nexchanges Technology was a private limited company based in Mumbai, Maharashtra, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 21 September 2015 and is registered under CIN U74120MH2015PTC268530. The company has been struck off by the Registrar of Companies and is no longer operational.
Nexchanges Technology had 3 directors:
- Sagun Garg - Director
- Monica Garg - Alternate Director
- Shlok Rajesh Malik - Director
The CIN (Corporate Identification Number) of Nexchanges Technology is U74120MH2015PTC268530. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Nexchanges Technology is at 1202 Ruby Isle Royal Palms Aarey Colony Goregaon East, Mumbai, Maharashtra, India – 400065.
Nexchanges Technology was incorporated on 21 September 2015. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Nexchanges Technology on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 07 July 2020. Year-wise statements from FY 2016 are in the company report.
Nexchanges Technology operated in the information technology industry, in the application development and software solutions segment. It worked in this industry before it was struck off.
Monica Garg was appointed as Alternate Director on 15 Jul 2019. Yash Kela ceased to be Director on 27 Mar 2017. Sagun Garg was appointed as Director on 21 Sep 2015. Nexchanges Technology has 4 board changes on record in total.
The compliance status of Nexchanges Technology is compliant as of 16 July 2026.