Nextnowo Private Limited
About Nextnowo Private Limited
Data last updated:
Nextnowo Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Supreme Treon Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 20 December 2021.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH2021PTC373613. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹4.81 Cr. It was led by directors Mohan Mahadev Kavrie and Amit Mohan Kavrie.
Its last annual general meeting (AGM) was held on 04 August 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 5th Floor 110 16th Road Chembur, Mumbai, Maharashtra, India – 400071.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.51 Cr, a decline of 62% compared to the previous year. For the same year it recorded a net profit of ₹2.24 Lakh (net margin 1.5%) and EBITDA of ₹6.08 Lakh (EBITDA margin 4%).
Court records list 2 cases involving the company, including 2 filed by the company.
Company details
CIN history
Nextnowo has one previous CIN (Corporate Identification Number): U34300MH2021PTC373613. The current CIN is U74110MH2021PTC373613, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH2021PTC373613 | Current |
| U34300MH2021PTC373613 | Previous |
Contact details
Nextnowo Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5th Floor 110 16th Road Chembur, Mumbai, Maharashtra, India – 400071
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Nextnowo Private Limited, buy the company report.
- 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 Nextnowo is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Nextnowo Private Limited, buy the company report.
Financials of Nextnowo Private Limited
FY 2023 filings availableNextnowo Private Limited reported revenue of ₹1.51 Cr (down 62% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 62% in the latest year. EBITDA fell 97% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹1.51 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹6.08 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹2.24 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
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 4% | |
| Net Profit Margin | 1.5% | |
| 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 | ||
To see the full financial statements and ratios of Nextnowo Private Limited, buy the company report.
Board of directors of Nextnowo Private Limited
Nextnowo has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohan Mahadev Kavrie Also directs: Mkavrie Ventures LLP, Supreme Nonwoven Industries Private Limited, Supreme Treon Private Limited and 2 more | Director | 20 Dec 2021 | 4 Years 10 Months | As last reported |
| Amit Mohan Kavrie Also directs: Mkavrie Ventures LLP, Moo Enterprises LLP, Supreme Nonwoven Industries Private Limited and 3 more | Director | 20 Dec 2021 | 4 Years 10 Months | As last reported |
Peer comparison
Nextnowo Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Toran Trendz Private Limited | ₹1.51 Cr (FY 2025) | -28.0% | Surat, Gujarat, India | |||
| Hiren Brothers Investment Company Private Limited | ₹1.51 Cr (FY 2024) | 1.0% | Mumabi, Maharashtra, India | |||
| Silicon Overseas Private Limited | ₹1.51 Cr (FY 2025) | -54.0% | Ahmedabad, Gujarat, India | |||
| Nextnowo Private Limitedthis company | ₹1.51 Cr (FY 2023) | ₹2.24 Lakh | 1.5% | -62.0% | Mumbai, Maharashtra, India | |
| Palak Creation Private Limited | ₹1.51 Cr (FY 2019) | 2.0% | New Delhi, Delhi, India |
To see the full peer comparison of Nextnowo Private Limited, buy the company report.
Auditor
Nextnowo Private Limited is audited by Rakesh V Panchmatia & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rakesh V Panchmatia & Co. | FY 2023 | 116824W |
Shareholding
The shareholding of Nextnowo Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Nextnowo Private Limited, buy the company report.
Legal cases
Nextnowo Private Limited has 2 court cases on record: 2 filed by Nextnowo. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Nextnowo Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nextnowo Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nextnowo Private Limited has 1 active EPFO establishment as of Mar 23, 2024.
GST
Nextnowo has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Nextnowo Private Limited, buy the company report.
Recent activity
Nextnowo Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Amit Mohan Kavrie was appointed as Director on 20 Dec 2021.
Frequently asked questions
Nextnowo has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Nextnowo was a private limited company based in Mumbai, Maharashtra, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 20 December 2021 and is registered under CIN U74110MH2021PTC373613. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Nextnowo was incorporated on 20 December 2021. It is registered with the Registrar of Companies, Mumbai.
Nextnowo had 2 directors:
- Mohan Mahadev Kavrie - Director
- Amit Mohan Kavrie - Director
The CIN (Corporate Identification Number) of Nextnowo is U74110MH2021PTC373613. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Nextnowo is at 5th Floor 110 16th Road Chembur, Mumbai, Maharashtra, India – 400071.
The latest financial statements of Nextnowo on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 04 August 2023. Year-wise statements from FY 2022 are in the company report.
No. Nextnowo has 1 GST registration on record and it is cancelled or inactive.
Nextnowo operated in the home and lifestyle industry, in the textile retail and distribution segment.
The peers of Nextnowo by revenue are Toran Trendz Private Limited, Hiren Brothers Investment Company Private Limited, Silicon Overseas Private Limited, Palak Creation Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Nextnowo has 2 court cases on record: 2 filed by the company.