Nextnet Network Private Limited
About Nextnet Network Private Limited
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Nextnet Network Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 14 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2019PTC108657. Its GSTIN is 24AAGCN5695R1ZJ (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jignesh Madhubhai Ramani and Hardik Bharatbhai Chhayani.
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 724 Kailash Nagar Street No. 1 Jasdan, Rajkot, Gujarat, India – 360050.
As per the financials filed for FY 2024, the company reported a revenue of ₹19.21 Lakh, reflecting significant growth compared to the previous year. Revenue has grown at a compounded annual rate (CAGR) of 36% over three years.
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- Registered Address724 Kailash Nagar Street No. 1 Jasdan, Rajkot, Gujarat, India – 360050
- IndustryInformation Technology, Other Computer Related Activities
- 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 Nextnet Network Private Limited
The main business activity of Nextnet Network is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication 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 Nextnet Network Private Limited FY 2025 filings available
Nextnet Network Private Limited reported revenue of ₹19.21 Lakh (up 191% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Nextnet Network Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 36% over three years, including 191% growth 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 Nextnet Network 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 | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 Nextnet Network Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Nextnet Network are in the company report.
Financial statements from FY 2020
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 Nextnet Network Private Limited
Nextnet Network Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Wired, wireless or satellite Telecommunication activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Icgs International Teleservices Private Limited | ₹19.35 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | Indore, Madhya Pradesh, India |
| Netpop Private Limited | ₹19.34 Lakh (FY 2025) | •••• | •••• | 11.0% | •••• | Vasco Da Gama, Goa, India |
| Goairnet Wireless Broadband Private Limited | ₹19.25 Lakh (FY 2024) | •••• | •••• | -1.0% | •••• | Dasuya, Punjab, India |
| SPS Outsourcing Private Limited | ₹19.23 Lakh (FY 2020) | •••• | •••• | •••• | Delhi, India | |
| Net4u Technology Private Limited | ₹19.21 Lakh (FY 2024) | •••• | •••• | -37.0% | •••• | Udaipur, Rajasthan, India |
| Nextnet Network Private Limited this company | ₹19.21 Lakh (FY 2024) | •••• | •••• | 191.0% | •••• | Rajkot, Gujarat, India |
| Jetway Networks Private Limited | ₹19.19 Lakh (FY 2021) | •••• | •••• | 13.0% | •••• | Porvorim, Goa, India |
| Starnet Global Private Limited | ₹19.03 Lakh (FY 2025) | •••• | •••• | -18.0% | •••• | Kadma, Jharkhand, India |
| Telna Solutions Private Limited | ₹19.02 Lakh (FY 2023) | •••• | •••• | -69.0% | •••• | Coimbatore, Tamil Nadu, India |
| Microtel Informatics Private Limited | ₹19 Lakh (FY 2025) | •••• | •••• | 51.0% | •••• | Cochin, Kerala, India |
| Blueline Isp Private Limited | ₹18.87 Lakh (FY 2025) | •••• | •••• | 76.0% | •••• | Ankleshwar, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Nextnet Network by revenue in the same principal business activity (Wired, wireless or satellite Telecommunication activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Nextnet Network Private Limited
Nextnet Network has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jignesh Madhubhai Ramani | Director | 14 Jun 2019 | 7 Years 3 Months | Current |
| Hardik Bharatbhai Chhayani Also directs: Lexora Dynamics Private Limited, Gridshield Technology Private Limited, Arrow Touch Wireless Internet Private Limited and 1 more | Director | 14 Jun 2019 | 7 Years 3 Months | Current |
Ownership and Shareholding of Nextnet Network 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 Nextnet Network Private Limited
Nextnet Network Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Nextnet Network Private Limited
Employment history and EPFO contributions of people linked to Nextnet Network.
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 Nextnet Network Private Limited
Nextnet Network Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Hardik Bharatbhai Chhayani was appointed as Director on 14 Jun 2019.
Credit Ratings, Litigation & Regulatory Alerts for Nextnet Network 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 Nextnet Network 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 Nextnet Network 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 Nextnet Network Private Limited
Nextnet Network has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCN5695R1ZJ | Gujarat | Active | 25 Jun 2019 |
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 Nextnet Network 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 Nextnet Network Private Limited
Nextnet Network is an active private limited company based in Rajkot, Gujarat, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 14 June 2019 (7+ years old) and is registered under CIN U72900GJ2019PTC108657.
Nextnet Network reported revenue of ₹19.21 Lakh for FY 2024 (up 191% YoY).
Nextnet Network has 2 current directors:
- Jignesh Madhubhai Ramani - Director
- Hardik Bharatbhai Chhayani - Director
The compounded annual growth rate (CAGR) of the revenue of Nextnet Network is 36% over three years. In the latest year (FY 2024) revenue rose 191%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nextnet Network is 24AAGCN5695R1ZJ, registered in Gujarat.
The CIN (Corporate Identification Number) of Nextnet Network is U72900GJ2019PTC108657. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nextnet Network was incorporated on 14 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Nextnet Network by revenue are Icgs International Teleservices Private Limited, Netpop Private Limited, Goairnet Wireless Broadband Private Limited, SPS Outsourcing Private Limited, Net4u Technology Private Limited and 5 more, all in the same principal business activity (Wired, wireless or satellite Telecommunication activities).
Hardik Bharatbhai Chhayani was appointed as Director on 14 Jun 2019. Jignesh Madhubhai Ramani was appointed as Director on 14 Jun 2019.
The registered office of Nextnet Network is at 724 Kailash Nagar Street No. 1 Jasdan, Rajkot, Gujarat, India – 360050.
Nextnet Network has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.