About Niyo Innovative Solutions LLP
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Niyo Innovative Solutions LLP is a limited liability partnership (LLP) based in Aurangabad, Maharashtra, India, recognised as a startup by DPIIT. It operates in the agri machinery and equipment segment of the agriculture sector. It was incorporated on 17 January 2019 and has been in existence for over 7 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAO-0675. Its GSTIN is 27AAQFN2762A1ZA (Maharashtra).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Yogesh Rajendra Gawande and Rajendra Paraji Gawande.
Its latest statement of accounts is for the year ended 31 March 2024. The registered office is at 25/1 At. Chittegaon Post. Chette Pimpalgaon, Aurangabad, Maharashtra, India – 431007.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹2.99 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net profit of ₹235 (net margin 0.1%) and EBITDA of ₹1.53 Lakh (EBITDA margin 51%). Revenue has declined at a compounded annual rate (CAGR) of 48% over three years.
The LLP is associated with 1 brand: Niyo Innovative Solutions.
For more details, the LLP can be reached via its website niyosolutionsllp.com.
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- Registered Address25/1 At. Chittegaon Post. Chette Pimpalgaon, Aurangabad, Maharashtra, India – 431007
- IndustryAgriculture, Agri Machinery & Equipment
- 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
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Financials of Niyo Innovative Solutions LLP FY 2024 filings available
Niyo Innovative Solutions LLP reported revenue of ₹2.99 Lakh (down 94% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Niyo Innovative Solutions LLP
Revenue has declined at a compounded annual rate (CAGR) of 48% over three years, including a 94% fall in the latest year. EBITDA fell 49% 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 Niyo Innovative Solutions LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹235 | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Niyo Innovative Solutions LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 0.1% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| 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 8. The full year-wise statements and ratios of Niyo Innovative Solutions are in the company report.
Financial statements from FY 2019
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.
Designated Partners of Niyo Innovative Solutions LLP
Niyo Innovative Solutions has 2 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yogesh Rajendra Gawande Also directs: Niyo Farm-Tech Private Limited | Designated Partner | 17 Jan 2019 | 7 Years 8 Months | Current |
| Rajendra Paraji Gawande Also directs: Niyo Farm-Tech Private Limited | Designated Partner | 17 Jan 2019 | 7 Years 8 Months | Current |
Ownership and Shareholding of Niyo Innovative Solutions LLP
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 Niyo Innovative Solutions LLP
Niyo Innovative Solutions LLP does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Niyo Innovative Solutions LLP
Niyo Innovative Solutions operates one associated brand: Niyo Innovative Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| High-pressure sprayers are manufactured and supplied for agriculture. | niyosolutionsllp.com |
Employees and EPFO Compliance at Niyo Innovative Solutions LLP
Employment history and EPFO contributions of people linked to Niyo Innovative Solutions.
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 Niyo Innovative Solutions LLP
Niyo Innovative Solutions LLP has 2 designated partner changes on record since 2019: 2 appointments. The latest: Rajendra Paraji Gawande was appointed as Designated Partner on 17 Jan 2019.
Credit Ratings, Litigation & Regulatory Alerts for Niyo Innovative Solutions LLP
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 Niyo Innovative Solutions LLP
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 Niyo Innovative Solutions LLP
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 Niyo Innovative Solutions LLP
Niyo Innovative Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAQFN2762A1ZA | Maharashtra | Active | 22 May 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 Niyo Innovative Solutions LLP
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 Niyo Innovative Solutions LLP
Niyo Innovative Solutions is an active limited liability partnership based in Aurangabad, Maharashtra, India. The LLP works in agri machinery and equipment, within the agriculture industry. It was incorporated on 17 January 2019 (7+ years old) and is registered under LLPIN AAO-0675.
Niyo Innovative Solutions reported revenue of ₹2.99 Lakh for FY 2023 (down 94% YoY).
Niyo Innovative Solutions has 2 current designated partners:
- Yogesh Rajendra Gawande - Designated Partner
- Rajendra Paraji Gawande - Designated Partner
Niyo Innovative Solutions reported a net profit of ₹235 (net margin 0.1%) and EBITDA of ₹1.53 Lakh (EBITDA margin 51%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Niyo Innovative Solutions is -48% over three years. In the latest year (FY 2023) revenue fell 94%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Niyo Innovative Solutions is 27AAQFN2762A1ZA, registered in Maharashtra.
The LLPIN (Limited Liability Partnership Identification Number) of Niyo Innovative Solutions is AAO-0675. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Niyo Innovative Solutions was incorporated on 17 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Rajendra Paraji Gawande was appointed as Designated Partner on 17 Jan 2019. Yogesh Rajendra Gawande was appointed as Designated Partner on 17 Jan 2019.
Yes, Niyo Innovative Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).