
Nextaverse Innovations Private Limited
About Nextaverse Innovations Private Limited
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Nextaverse Innovations Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 19 January 2023.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA2023PTC170530. Its GSTIN is 29AAICN7145E1Z9 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Abdul Naseer Kuttikandiyil (Managing Director) and Najmal Kalluvettungal.
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 38/1 38/2 Chc Housing Board Colony 707 Sfs 4th Stage Yelahanka New Town, Bangalore, Karnataka, India – 560064.
As per the financials filed for FY 2025, the company reported a revenue of ₹74.9 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹50.83 Lakh (net margin -67.9%) and EBITDA of -₹50.44 Lakh (EBITDA margin -67.3%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Nextaverse Innovations Private Limited's registered office is in Bangalore, Karnataka.
- Registered Address38/1 38/2 Chc Housing Board Colony 707 Sfs 4th Stage Yelahanka New Town, Bangalore, Karnataka, India – 560064
- IndustryPharma, Pharmaceutical Retailers & Distributors
- 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
Business activity
The main business activity of Nextaverse Innovations is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Nextaverse Innovations Private Limited, buy the company report.
Financials of Nextaverse Innovations Private Limited
FY 2025 filings availableNextaverse Innovations Private Limited reported revenue of ₹74.9 Lakh (up 538% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 538% in the latest year. EBITDA fell 220% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| EBITDA | -₹50.44 Lakh | ||
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| Net Profit (PAT) | -₹50.83 Lakh | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| EBITDA Margin | -67.3% | ||
| Net Profit Margin | -67.9% | ||
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To see the full financial statements and ratios of Nextaverse Innovations Private Limited, buy the company report.
Board of directors of Nextaverse Innovations Private Limited
Nextaverse Innovations has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Najmal Kalluvettungal | Director | 27 Jan 2023 | 3 Years 8 Months | Current |
| Noufal Chakkilatte Kunnummal | Director | 19 Jan 2023 | 3 Years 9 Months | Current |
| Abdul Naseer Kuttikandiyil | Managing Director | 19 Jan 2023 | 3 Years 9 Months | Current |
| Thekketho Ttathil Sooppi Salim | Director | 19 Jan 2023 | 3 Years 9 Months | Current |
Legal cases
No court or tribunal cases involving Nextaverse Innovations 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 Nextaverse Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nextaverse Innovations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICN7145E1Z9 | Karnataka | Active | 01 Feb 2023 |
To see the full GST registrations and return filing status of Nextaverse Innovations Private Limited, buy the company report.
Recent activity
Nextaverse Innovations Private Limited has 4 board changes on record since 2023: 4 appointments. The latest: Najmal Kalluvettungal was appointed as Director on 27 Jan 2023.
Frequently asked questions
Nextaverse Innovations is an active private limited company based in Bangalore, Karnataka, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 19 January 2023 (3+ years old) and is registered under CIN U74140KA2023PTC170530.
Nextaverse Innovations has 4 current directors:
- Abdul Naseer Kuttikandiyil - Managing Director
- Najmal Kalluvettungal - Director
- Noufal Chakkilatte Kunnummal - Director
- Thekketho Ttathil Sooppi Salim - Director
The latest financial statements of Nextaverse Innovations 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 2023 are in the company report.
The GSTIN of Nextaverse Innovations is 29AAICN7145E1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of Nextaverse Innovations is U74140KA2023PTC170530. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nextaverse Innovations was incorporated on 19 January 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
Najmal Kalluvettungal was appointed as Director on 27 Jan 2023. Abdul Naseer Kuttikandiyil was appointed as Managing Director on 19 Jan 2023. Noufal Chakkilatte Kunnummal was appointed as Director on 19 Jan 2023. Nextaverse Innovations has 4 board changes on record in total.
The registered office of Nextaverse Innovations is at 381 382 Chc Housing Board Colony 707 Sfs 4th Stage Yelahanka New Town, Bangalore, Karnataka, India – 560064.
Nextaverse Innovations operates in the pharma industry, in the pharmaceutical retailers and distributors segment.
The compliance status of Nextaverse Innovations is compliant as of 20 August 2026. The company is actively filing with the Registrar of Companies.