Nicefit Innovations Private Limited

Nicefit Innovations Private Limited - information technology in Hyderabad, Telangana, India. Directors, charges & compliance details.
CIN U74999TG2016PTC112339 Incorporated 06 October 2016 ROC Hyderabad HQ Hyderabad, Telangana, India
Struck Off Private Limited Company information technology
Data last updated
Revenue · FY 2023
₹4.8 Lakh
▼ 66% YoY
Net profit · FY 2023
₹4.59 Lakh
Net margin 95.6%
EBITDA · FY 2023
₹4.62 Lakh
EBITDA margin 96.4%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹49.83 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Last financials
Mar 2023
Balance sheet date

About Nicefit Innovations Private Limited

Data last updated:

Nicefit Innovations Private Limited was a private limited company based in Hyderabad, Telangana, India, operated as a subsidiary of Nicefit Career Consulting Private Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the hosting and related activities segment of the technology and IT services sector. It was incorporated on 06 October 2016.

The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG2016PTC112339.

The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹49.83 Lakh. It was led by directors Manmohan Kumar Jain Sankhla and Susanta Misra.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Flat No.G1 Sarada Mansion 6 – 3 – 1219/21 Umanagar Begumpet, Hyderabad, Telangana, India – 500016.

As per the financials filed for FY 2023, the company reported a revenue of ₹4.8 Lakh, a decline of 66% compared to the previous year. For the same year it recorded a net profit of ₹4.59 Lakh (net margin 95.6%) and EBITDA of ₹4.62 Lakh (EBITDA margin 96.4%). Revenue has grown at a compounded annual rate (CAGR) of 639% over three years and 6% over five years.

The last known website on record is nicefitcareers.com.

Company details

CIN U74999TG2016PTC112339
Registration Number 112339
Incorporation Date 06 October 2016
ROC Hyderabad
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Parent Company Nicefit Career Consulting Private Limited
Compliance Status Active Compliant

Contact details

Nicefit Innovations Private Limited's registered office is in Hyderabad, Telangana. Its website is nicefitcareers.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Flat No.G1 Sarada Mansion 6 – 3 – 1219/21 Umanagar Begumpet, Hyderabad, Telangana, India – 500016
  • Industry
    Information Technology, Hosting And Related Activities, Data Processing

To see the full contact details of Nicefit Innovations Private Limited, buy the company report.

Comprehensive company report
Nicefit Innovations Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Nicefit Innovations is information and communication. In detail, this covers data processing, hosting and related activities; web portal.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ7Data processing, hosting and related activities; web portal

Financials of Nicefit Innovations Private Limited

FY 2023 filings available

Nicefit Innovations Private Limited reported revenue of ₹4.8 Lakh (down 66% YoY) for FY 2023.

Revenue · FY 2023
₹4.8 Lakh ▼ 66%
Net profit · FY 2023
₹4.59 Lakh margin 95.6%
EBITDA · FY 2023
₹4.62 Lakh margin 96.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 66%
3 years · compounded
▲ 639%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 64%
3 years · compounded
▲ 71%
5 years · compounded
▲ 17%

Revenue fell 66% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 64% 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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₹4.62 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.59 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin96.4%
Net Profit Margin95.6%
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 Nicefit Innovations Private Limited, buy the company report.

Board of directors of Nicefit Innovations Private Limited

Nicefit Innovations has 2 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Manmohan Kumar Jain SankhlaDirector06 Oct 201610 Years 0 MonthsAs last reported
Susanta MisraDirector06 Oct 201610 Years 0 MonthsAs last reported

Peer comparison

Nicefit Innovations Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Dyota Digi Tech Private Limited₹4.86 Lakh (FY 2025)83.0%Hyderabad, Telangana, India
Loop Infotech Private Limited₹4.83 Lakh (FY 2021)Coimbatore, Tamil Nadu, India
Axius Software & Consultancy Services Private Limited₹4.83 Lakh (FY 2022)2314.0%Barasat, West Bengal, India
Playmantis Studio Private Limited₹4.82 Lakh (FY 2025)62.0%Bengaluru, Karnataka, India
Brickyard Edutech Private Limited₹4.8 Lakh (FY 2024)685614.0%Madurai, Tamil Nadu, India
Nicefit Innovations Private Limitedthis company₹4.8 Lakh (FY 2023)₹4.59 Lakh95.6%-66.0%Hyderabad, Telangana, India
5Ine Web Solutions Private Limited₹4.78 Lakh (FY 2024)-65.0%Bangalore, Karnataka, India
The Navashkti Publishing Company Limited₹4.78 Lakh (FY 2024)1.0%Patna, Bihar, India
Ameya E-Marketing Private Limited₹4.78 Lakh (FY 2022)3022.0%Secunderabad, Telangana, India
Quantifox Technologies Private Limited₹4.77 Lakh (FY 2023)966.0%New Delhi, Delhi, India
JFSB Global Private Limited₹4.76 Lakh (FY 2022)New Delhi, Delhi, India

To see the full peer comparison of Nicefit Innovations Private Limited, buy the company report.

Auditor

Nicefit Innovations Private Limited is audited by K VIJAYARAGHAVAN & ASSOCIATES LLP for the financial year 2017.

Auditor firmFinancial yearFirm registration number
K VIJAYARAGHAVAN & ASSOCIATES LLPFY 2017213723

Shareholding

The shareholding of Nicefit Innovations Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Nicefit Innovations Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Nicefit Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Nicefit Innovations Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Nicefit Innovations Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Manmohan Kumar Jain Sankhla was appointed as Director on 06 Oct 2016.

AGM
Nicefit Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Nicefit Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.
Appointed
Manmohan Kumar Jain Sankhla was appointed as Director.
Appointed
Susanta Misra was appointed as Director.
Incorporation
06 Oct 2016
Nicefit Innovations Private Limited was registered on 06 Oct 2016 with Roc Hyderabad & aged 10 years 27 days as per MCA records.

Frequently asked questions

Nicefit Innovations has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Nicefit Innovations was a private limited company based in Hyderabad, Telangana, India. The company worked in hosting and related activities, within the information technology industry. It was incorporated on 06 October 2016 and is registered under CIN U74999TG2016PTC112339. The company has been struck off by the Registrar of Companies and is no longer operational.

Nicefit Innovations had 2 directors:

The CIN (Corporate Identification Number) of Nicefit Innovations is U74999TG2016PTC112339. 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 Nicefit Innovations is at Flat No.G1 Sarada Mansion 6 – 3 – 121921 Umanagar Begumpet, Hyderabad, Telangana, India – 500016.

Nicefit Innovations was incorporated on 06 October 2016. It is registered with the Registrar of Companies, Hyderabad.

Nicefit Innovations can be reached through the website nicefitcareers.com. Its registered office is in Hyderabad, Telangana, India.

The latest financial statements of Nicefit Innovations on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2017 are in the company report.

Nicefit Innovations operated in the information technology industry, in the hosting and related activities segment. It worked in this industry before it was struck off.

The peers of Nicefit Innovations by revenue are Dyota Digi Tech Private Limited, Loop Infotech Private Limited, Axius Software & Consultancy Services Private Limited, Playmantis Studio Private Limited, Brickyard Edutech Private Limited and 5 more, all in the same principal business activity (data processing, hosting and related activities; web portal).

Manmohan Kumar Jain Sankhla was appointed as Director on 06 Oct 2016. Susanta Misra was appointed as Director on 06 Oct 2016.