About Next Smart Solutions Private Limited
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Next Smart Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 01 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020PTC134486. Its GSTIN is 29AAGCN9579E1ZT (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.21 Lakh. It is led by directors Divya Teja Kondeti and Niyati Chander.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹33.35 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹86.19 Lakh (net margin -258.5%) and EBITDA of -₹81.46 Lakh (EBITDA margin -244.3%). Revenue has grown at a compounded annual rate (CAGR) of 136% over three years.
Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending. The company has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in December 2023. Its 10 peer companies in the Information Technology industry (IT Consulting and Services) are compared by revenue, 5 larger and 5 smaller; the largest is Trans Synergy Qualisystems Private Limited with revenue of ₹33.44 Lakh.
For more details, the company can be reached via its website rusehome.com.
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- TelephoneLocked
- Website
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- Registered AddressNo. 03A – 105 Pfs Club House Wework Roshini Arcade, Marathahalli Main Road Lakshminarayana Pura Epip Zone Chinnapanna Halli, Bangalore, Karnataka, India – 560037
- 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
- One PDF report, delivered after checkout
Business Activity of Next Smart Solutions Private Limited
The main business activity of Next Smart Solutions is personal and household service. In detail, this covers other personal service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| S | Personal and Household service | S4 | Other Personal 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 Smart Solutions Private Limited FY 2025 filings available
Next Smart Solutions Private Limited reported revenue of ₹33.35 Lakh (up 897% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Next Smart Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 136% over three years, including 897% growth in the latest year. EBITDA rose 49% 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 Smart Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹33.35 Lakh | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹81.46 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹86.19 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 Smart Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -244.3% | •••• | •••• | •••• |
| Net Profit Margin | -258.5% | •••• | •••• | •••• |
| 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 Smart Solutions are in the company report.
Financial statements from FY 2021
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 Smart Solutions Private Limited
Next Smart Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Trans Synergy Qualisystems Private Limited | ₹33.44 Lakh (FY 2025) | •••• | •••• | -26.0% | •••• | Kochi, Kerala, India |
| Koparkar Art of Analytics Applications Private Limited | ₹33.43 Lakh (FY 2025) | •••• | •••• | 11.0% | •••• | Bangalore, Karnataka, India |
| Deep Blue Infosystems Private Limited | ₹33.42 Lakh (FY 2023) | •••• | •••• | -66.0% | •••• | Bhopal, Madhya Pradesh, India |
| Saiplex Technologies (OPC) Private Limited | ₹33.4 Lakh (FY 2024) | •••• | •••• | -46.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Svipja Techno Consultants Private Limited | ₹33.36 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | Delhi, India |
| Next Smart Solutions Private Limited this company | ₹33.35 Lakh (FY 2024) | •••• | •••• | 897.0% | •••• | Bangalore, Karnataka, India |
| Blue Lobster Private Limited | ₹33.3 Lakh (FY 2025) | •••• | •••• | 146.0% | •••• | Chennai, Tamil Nadu, India |
| DS Comtech Private Limited | ₹33.29 Lakh (FY 2023) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Midas Technosystem Private Limited | ₹33.24 Lakh (FY 2025) | •••• | •••• | 216.0% | •••• | Kolkata, West Bengal, India |
| Infosree Technologies Private Limited | ₹33.18 Lakh (FY 2023) | •••• | •••• | 49.0% | •••• | Bangalore, Karnataka, India |
| Logus Technology Services Private Limited | ₹33.18 Lakh (FY 2016) | •••• | •••• | -93.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Next Smart Solutions by revenue in the Information Technology industry (IT Consulting and Services), 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 Smart Solutions Private Limited
Next Smart Solutions Private Limited is audited by MANASA R & CO. for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MANASA R & CO. | 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 Smart Solutions Private Limited
Next Smart Solutions 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 |
|---|---|---|---|---|
| Divya Teja Kondeti Also directs: Reeth Creations Private Limited | Director | 01 Jun 2020 | 6 Years 4 Months | Current |
| Niyati Chander Also directs: Reeth Creations Private Limited | Director | 01 Jun 2020 | 6 Years 4 Months | Current |
Ownership and Shareholding of Next Smart Solutions 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 Smart Solutions Private Limited
Next Smart Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Next Smart Solutions Private Limited
Next Smart Solutions Private Limited has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in December 2023.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Jan 2021 | Rights issue | ₹75 Lakh | Investors: an individual |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Next Smart Solutions Private Limited
Next Smart Solutions Private Limited has 3 court cases on record: 1 filed by Next Smart Solutions, 2 filed against it. 1 case is pending and 2 are disposed. Status as checked between 30 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Commercial suit | Filed against the company by Radius Systems Private Limited | Pending |
| High Court of Delhi | Court case (FAO (COMM)) | Filed by the company against 30Days Technologies Private Limited | Disposed |
| District court, North West, Delhi | Court case (CS (COMM.)) | Filed against the company by 30 Day Technologies Pvt. Ltd | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Next Smart Solutions Private Limited
Next Smart Solutions Private Limited has a workforce of 0 employees as of Sep 23, 2025.
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 Smart Solutions Private Limited
Next Smart Solutions Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Karan Virwani ceased to be Additional Director on 29 Sep 2024.
Credit Ratings, Litigation & Regulatory Alerts for Next Smart Solutions 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 Smart Solutions 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 Smart Solutions 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 Smart Solutions Private Limited
Next Smart Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCN9579E1ZT | Karnataka | Active | 09 Jul 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 Smart Solutions 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 Smart Solutions Private Limited
Next Smart Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 01 June 2020 (6+ years old) and is registered under CIN U72900KA2020PTC134486.
Next Smart Solutions reported revenue of ₹33.35 Lakh for FY 2024 (up 897% YoY).
Next Smart Solutions has 2 current directors:
- Divya Teja Kondeti - Director
- Niyati Chander - Director
Next Smart Solutions reported a net loss of ₹86.19 Lakh (net margin -258.5%) and EBITDA of -₹81.46 Lakh (EBITDA margin -244.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Next Smart Solutions is 136% over three years. In the latest year (FY 2024) revenue rose 897%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Next Smart Solutions is 29AAGCN9579E1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of Next Smart Solutions is U72900KA2020PTC134486. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Next Smart Solutions has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Next Smart Solutions was incorporated on 01 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Next Smart Solutions has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in December 2023.
The peers of Next Smart Solutions by revenue are Trans Synergy Qualisystems Private Limited, Koparkar Art of Analytics Applications Private Limited, Deep Blue Infosystems Private Limited, Saiplex Technologies (OPC) Private Limited, Svipja Techno Consultants Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).