Nextgen Tech Initiatives Private Limited

Nextgen Tech Initiatives Private Limited - automotive in Thane, Maharashtra, India. FY 2026 financials & compliance.
CIN U72100MH2013PTC245470 Incorporated 10 July 2013 ROC Mumbai HQ Thane, Maharashtra, India
Active Private Limited Company automotive MSME · Micro
Data last updated
Revenue · FY 2025
₹2.78 Cr
▼ 29% YoY
Net loss · FY 2025
₹3.61 Lakh
Net margin -1.3%
EBITDA · FY 2025
-₹10,266
EBITDA margin 0%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Company age
13 yrs
Est. 2013
Employees · EPFO
8
Provident fund records
Directors on board
2
As per MCA filings

About Nextgen Tech Initiatives Private Limited

Data last updated:

Nextgen Tech Initiatives Private Limited is a private limited company based in Thane, Maharashtra, India, a subsidiary of Sdg Labs Private Limited. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 10 July 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72100MH2013PTC245470. Its GSTIN is 27AAECN4142M1Z9 (Maharashtra).

The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2 Cr. It is led by directors Rohit Arvind Godkar and Mehul Satish Nachane.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at G – 1 Plot A – 27 Road No. 10 MIDC Wagle Industrial Estate Thane (We, St), Maharashtra, India – 400604.

As per the financials filed for FY 2025, the company reported a revenue of ₹2.78 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net loss of ₹3.61 Lakh (net margin -1.3%) and EBITDA of -₹10,266 (EBITDA margin 0%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 6% over five years.

The company has about 8 employees on its provident fund (EPFO) records.

Nextgen Tech Initiatives Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0133415). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nextgen-tech.in.

Company details

CIN U72100MH2013PTC245470
Registration Number 245470
Incorporation Date 10 July 2013
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Sdg Labs Private Limited
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0133415

CIN history

Nextgen Tech Initiatives has one previous CIN (Corporate Identification Number): U74120MH2013PTC245470. The current CIN is U72100MH2013PTC245470, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72100MH2013PTC245470Current
U74120MH2013PTC245470Previous

Recognitions & Rankings of Nextgen Tech Initiatives

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-33-0133415

Contact details

Nextgen Tech Initiatives Private Limited's registered office is in Thane, Maharashtra.

  • Registered Address
    G – 1 Plot A – 27 Road No. 10 MIDC Wagle Industrial Estate Thane (We, St), Maharashtra, India – 400604
  • Industry
    Automotive, Auto Dealership & Trading
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Business activity

The main business activity of Nextgen Tech Initiatives is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GWholesale and retail trade; repair of motor vehicles and motorcycles45Wholesale and retail trade and repair of motor vehicles and motorcycles

To see the full business activity and turnover split of Nextgen Tech Initiatives Private Limited, buy the company report.

Financials of Nextgen Tech Initiatives Private Limited

FY 2024 filings available

Nextgen Tech Initiatives Private Limited reported revenue of ₹2.78 Cr (down 29% YoY) for FY 2025.

Revenue · FY 2025
₹2.78 Cr ▼ 29%
Net loss · FY 2025
₹3.61 Lakh margin -1.3%
EBITDA · FY 2025
-₹10,266 margin 0%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 29%
3 years · compounded
▼ 8%
5 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▼ 101%
3 years · compounded
▼ 26%
5 years · compounded
▼ 15%

Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 29% fall in the latest year. EBITDA fell 101% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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-₹10,266
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹3.61 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin0%
Net Profit Margin-1.3%
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

To see the full financial statements and ratios of Nextgen Tech Initiatives Private Limited, buy the company report.

Board of directors of Nextgen Tech Initiatives Private Limited

Nextgen Tech Initiatives has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Rohit Arvind GodkarDirector10 Jul 201313 Years 3 MonthsCurrent
Mehul Satish NachaneDirector10 Jul 201313 Years 3 MonthsCurrent

MSME payment delays

Nextgen Tech Initiatives Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2022, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (1 of 1)

SupplierAmount dueDue sinceReported on
Pranaya Auto Works

To see the full MSME payment records of Nextgen Tech Initiatives Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Nextgen Tech Initiatives has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAECN4142M1Z9MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Nextgen Tech Initiatives Private Limited, buy the company report.

Recent activity

Nextgen Tech Initiatives Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Mehul Satish Nachane was appointed as Director on 10 Jul 2013.

AGM
Nextgen Tech Initiatives Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Nextgen Tech Initiatives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Mehul Satish Nachane was appointed as Director.
Appointed
Rohit Arvind Godkar was appointed as Director.
Incorporation
10 Jul 2013
Nextgen Tech Initiatives Private Limited was registered on 10 Jul 2013 with Roc Mumbai & aged 13 years 3 months as per MCA records.

Frequently asked questions

Nextgen Tech Initiatives is an active private limited company based in Thane, Maharashtra, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 10 July 2013 (13+ years old) and is registered under CIN U72100MH2013PTC245470.

Nextgen Tech Initiatives has 2 current directors:

The latest financial statements of Nextgen Tech Initiatives on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Nextgen Tech Initiatives is 27AAECN4142M1Z9, registered in Maharashtra.

The CIN (Corporate Identification Number) of Nextgen Tech Initiatives is U72100MH2013PTC245470. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Nextgen Tech Initiatives was incorporated on 10 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.

Mehul Satish Nachane was appointed as Director on 10 Jul 2013. Rohit Arvind Godkar was appointed as Director on 10 Jul 2013.

Yes, Nextgen Tech Initiatives is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0133415).

Nextgen Tech Initiatives has 2 MSME Form 1 returns on record for the period ending Sep 2022, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 29 Sep 2023.

Nextgen Tech Initiatives can be reached through the website nextgen-tech.in. Its registered office is in Thane, Maharashtra, India.

The registered office of Nextgen Tech Initiatives is at G – 1 Plot A – 27 Road No. 10 MIDC Wagle Industrial Estate Thane We, St, Maharashtra, India – 400604.