Next Olive Technologies Private Limited
About Next Olive Technologies Private Limited
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Next Olive Technologies Private Limited is a private limited company based in Lucknow, Uttar Pradesh, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 15 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U93030UP2013PTC057038. Its GSTIN is 09AAECN3699R1ZD (Uttar Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mohammad Vaseem (Managing Director) and Seema Bano.
Its last annual general meeting (AGM) was held on 05 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kamil Hall 42A Sector E Ravindra Garden Aliganj, Lucknow, Uttar Pradesh, India – 226024.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.14 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹4.81 Lakh (net margin 4.2%) and EBITDA of ₹7.54 Lakh (EBITDA margin 6.6%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 4% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressKamil Hall 42A Sector E Ravindra Garden Aliganj, Lucknow, Uttar Pradesh, India – 226024
- IndustryInformation Technology, IT Consulting & Support 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
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Business Activity of Next Olive Technologies Private Limited
The main business activity of Next Olive Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | 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 Next Olive Technologies Private Limited FY 2025 filings available
Next Olive Technologies Private Limited reported revenue of ₹1.14 Cr (down 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Next Olive Technologies Private Limited
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 4% 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 Next Olive Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹7.54 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.81 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 Next Olive Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.2% | •••• | •••• | •••• | •••• |
| 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 Next Olive Technologies are in the company report.
Financial statements from 2015
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.
Peer Comparison of Next Olive Technologies Private Limited
Next Olive Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Inferno Infotech Private Limited | ₹1.14 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Delhi, India |
| Continental Software Solutions Private Limited | ₹1.14 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | New Delhi, Delhi, India |
| Sedots Info Technologies Private Limited | ₹1.14 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Hyderabad, Telangana, India |
| Siddha Development Research and Consultancy Private Limited | ₹1.14 Cr (FY 2025) | •••• | •••• | -42.0% | •••• | Bhubaneswar, Odisha, India |
| Akihira Industries Private Limited | ₹1.14 Cr (FY 2020) | •••• | •••• | -22.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Next Olive Technologies Private Limited this company | ₹1.14 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | Lucknow, Uttar Pradesh, India |
| Indus Digitech Private Limited | ₹1.14 Cr (FY 2024) | •••• | •••• | 24.0% | •••• | Hyderabad, Telangana, India |
| Oak9.Io India Private Limited | ₹1.14 Cr (FY 2024) | •••• | •••• | -51.0% | •••• | Ahmedabad, Gujarat, India |
| Activetheory Private Limited | ₹1.14 Cr (FY 2023) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Celledge Technologies Private Limited | ₹1.14 Cr (FY 2025) | •••• | •••• | -59.0% | •••• | Mumbai, Maharashtra, India |
| Vayu Solutions Pvt Ltd | ₹1.14 Cr (FY 2025) | •••• | •••• | 88.0% | •••• | Vayu Solutions Pvt Ltd, Andhra Pradesh, India |
Peers are the five companies nearest above and the five nearest below Next Olive Technologies by revenue in the Information Technology industry (Application Development), 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 Next Olive Technologies Private Limited
Next Olive Technologies Private Limited is audited by M P K G & CO CHARTERED ACCOUNTANTS for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M P K G & CO CHARTERED ACCOUNTANTS | 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.
Board of Directors of Next Olive Technologies Private Limited
Next Olive Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Seema Bano Also directs: Fashiondayz Mart Private Limited | Director | 15 May 2013 | 13 Years 4 Months | Current |
| Mohammad Vaseem Also directs: Fashiondayz Mart Private Limited | Managing Director | 15 May 2013 | 13 Years 4 Months | Current |
Ownership and Shareholding of Next Olive Technologies 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 Next Olive Technologies Private Limited
Next Olive Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Next Olive Technologies Private Limited
Employment history and EPFO contributions of people linked to Next Olive Technologies.
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 Next Olive Technologies Private Limited
Next Olive Technologies Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Mohammad Vaseem was appointed as Managing Director on 15 May 2013.
Credit Ratings, Litigation & Regulatory Alerts for Next Olive Technologies 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 Next Olive Technologies 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 Next Olive Technologies 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 Next Olive Technologies Private Limited
Next Olive Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAECN3699R1ZD | Uttar Pradesh | Active | 01 Aug 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 Next Olive Technologies 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 Next Olive Technologies Private Limited
Next Olive Technologies is an active private limited company based in Lucknow, Uttar Pradesh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 15 May 2013 (13+ years old) and is registered under CIN U93030UP2013PTC057038.
Next Olive Technologies reported revenue of ₹1.14 Cr for FY 2024 (down 10% YoY).
Next Olive Technologies has 2 current directors:
- Mohammad Vaseem - Managing Director
- Seema Bano - Director
Next Olive Technologies reported a net profit of ₹4.81 Lakh (net margin 4.2%) and EBITDA of ₹7.54 Lakh (EBITDA margin 6.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Next Olive Technologies is 4% over three years and 4% over five years. In the latest year (FY 2024) revenue fell 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Next Olive Technologies is 09AAECN3699R1ZD, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Next Olive Technologies is U93030UP2013PTC057038. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Next Olive Technologies was incorporated on 15 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Next Olive Technologies by revenue are Inferno Infotech Private Limited, Continental Software Solutions Private Limited, Sedots Info Technologies Private Limited, Siddha Development Research and Consultancy Private Limited, Akihira Industries Private Limited and 5 more, all in the Information Technology industry (Application Development).
Mohammad Vaseem was appointed as Managing Director on 15 May 2013. Seema Bano was appointed as Director on 15 May 2013.
The registered office of Next Olive Technologies is at Kamil Hall 42A Sector E Ravindra Garden Aliganj, Lucknow, Uttar Pradesh, India – 226024.