About Northout Solutions Private Limited
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Northout Solutions Private Limited is a private limited company based in Indore, Madhya Pradesh, India, a subsidiary of Northout Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 26 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72200MP2016PTC040832. Its GSTIN is 23AAFCN2510E1Z5 (Madhya Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Raju Mahore and Kalpalli Pulapara Jayalakshmi.
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 Atlantis 13A Scheme No 78 4th Floor Part II, Indore, Madhya Pradesh, India – 452010.
As per the financials filed for FY 2025, the company reported a revenue of ₹39,158, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.12 Cr and EBITDA of -₹1.12 Cr. Revenue has declined at a compounded annual rate (CAGR) of 93% over three years and 77% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Northout and Eze Castle Integration.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website northout.com.
Company details
Contact details
Northout Solutions Private Limited's registered office is in Indore, Madhya Pradesh. Its website is northout.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAtlantis 13A Scheme No 78 4th Floor Part II, Indore, Madhya Pradesh, India – 452010
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Northout Solutions 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
Brands
Northout Solutions operates two associated brands: NORTHOUT and Eze Castle Integration. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Application development and AI services are provided by NORTHOUT. | northout.com | |
| Private cloud services for hedge funds | eci.com |
Financials of Northout Solutions Private Limited
FY 2025 filings availableNorthout Solutions Private Limited reported revenue of ₹39,158 (up 190% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 190% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 77%. EBITDA fell 521% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹1.12 Cr | ||||
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| Net Profit (PAT) | -₹1.12 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Northout Solutions Private Limited, buy the company report.
Board of directors of Northout Solutions Private Limited
Northout Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raju Mahore | Additional Director | 20 Jul 2020 | 6 Years 3 Months | Current |
| Kalpalli Pulapara Jayalakshmi | Additional Director | 28 Apr 2023 | 3 Years 6 Months | Current |
Auditor
Northout Solutions Private Limited is audited by ANAND S JAIN & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANAND S JAIN & CO | FY 2020 | 024910C |
Shareholding
The shareholding of Northout Solutions Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Northout Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Northout Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Northout Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Northout Solutions Private Limited has a workforce of 2 employees on its EPFO records as of Mar 2025, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2024-25 | 2 |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Northout Solutions Private Limited, buy the company report.
GST
Northout Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAFCN2510E1Z5 | Madhya Pradesh | Active | 09 Aug 2017 |
To see the full GST registrations and return filing status of Northout Solutions Private Limited, buy the company report.
Recent activity
Northout Solutions Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Ashish Kumar Jain ceased to be Director on 08 May 2023.
Frequently asked questions
Northout Solutions is an active private limited company based in Indore, Madhya Pradesh, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 26 May 2016 (10+ years old) and is registered under CIN U72200MP2016PTC040832.
Northout Solutions has 2 current directors:
- Raju Mahore - Additional Director
- Kalpalli Pulapara Jayalakshmi - Additional Director
The latest financial statements of Northout Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Northout Solutions is 23AAFCN2510E1Z5, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Northout Solutions is U72200MP2016PTC040832. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Northout Solutions was incorporated on 26 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Gwalior.
Ashish Kumar Jain ceased to be Director on 08 May 2023. Kalpalli Pulapara Jayalakshmi was appointed as Additional Director on 28 Apr 2023. Parasmal Jain ceased to be Director on 21 Jul 2020. Northout Solutions has 4 board changes on record in total.
Northout Solutions can be reached through the website northout.com. Its registered office is in Indore, Madhya Pradesh, India.
The registered office of Northout Solutions is at Atlantis 13A Scheme No 78 4th Floor Part II, Indore, Madhya Pradesh, India – 452010.
Northout Solutions operates in the information technology industry, in the application development and software solutions segment.
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