
About Nystech Services Private Limited
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Nystech Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 22 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2020PTC344222. Its GSTIN is 27AAHCN1068P1ZX (Maharashtra).
The company has an authorised share capital of ₹26 Lakh and a paid-up capital of ₹26 Lakh. It is led by directors Pallavi Bhalerao and Yogesh Bhalerao.
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 A – 205 Lake Pleasant Lake Homes Off Adishankara Charya Road Powai, Mumbai, Maharashtra, India – 400076.
As per the financials filed for FY 2025, the company reported a revenue of ₹17,037, a growth of 29% compared to the previous year. For the same year it recorded a net loss of ₹11.2 Lakh and EBITDA of -₹10.22 Lakh.
The company is associated with 1 brand: Shopout India. The company has 3 deals on record (1 funding round, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹25 Lakh; the latest was in September 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shopout.live.
Company details
Recognitions & Rankings of Nystech Services
Contact details
Nystech Services Private Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressA – 205 Lake Pleasant Lake Homes Off Adishankara Charya Road Powai, Mumbai, Maharashtra, India – 400076
- IndustryInformation Technology, IT Consulting & Support Services, Electronic Components & Equipment Manufacturing
- 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
Nystech Services operates one associated brand: Shopout India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers a platform for live video shopping experiences. | shopout.live |
Business activity
The main business activity of Nystech Services is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities |
To see the full business activity and turnover split of Nystech Services Private Limited, buy the company report.
Financials of Nystech Services Private Limited
FY 2025 filings availableNystech Services Private Limited reported revenue of ₹17,037 (up 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 29% in the latest year. EBITDA rose 53% 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 | -₹10.22 Lakh | ||||
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| Net Profit (PAT) | -₹11.2 Lakh | ||||
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Financial Ratios
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To see the full financial statements and ratios of Nystech Services Private Limited, buy the company report.
Board of directors of Nystech Services Private Limited
Nystech Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pallavi Bhalerao Also directs: Datacquity Technologies Private Limited | Director | 22 Aug 2020 | 6 Years 2 Months | Current |
| Yogesh Bhalerao | Director | 22 Aug 2020 | 6 Years 2 Months | Current |
Deals & funding
Nystech Services Private Limited has 3 deals on record (1 funding round, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹25 Lakh; the latest was in September 2023.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2023 | Funding round | ₹25 Lakh | Investors: an individual |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2022 | Acquisition | ₹20 Lakh | Buyer: IIM Calcutta Innovation Park |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Nystech Services 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 Nystech Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nystech Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCN1068P1ZX | Maharashtra | Active | 24 Dec 2020 |
To see the full GST registrations and return filing status of Nystech Services Private Limited, buy the company report.
Recent activity
Nystech Services Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Pallavi Bhalerao was appointed as Director on 22 Aug 2020.
Frequently asked questions
Nystech Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 22 August 2020 (6+ years old) and is registered under CIN U72900MH2020PTC344222.
Nystech Services has 2 current directors:
- Pallavi Bhalerao - Director
- Yogesh Bhalerao - Director
The latest financial statements of Nystech Services 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 2021 are in the company report.
The GSTIN of Nystech Services is 27AAHCN1068P1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nystech Services is U72900MH2020PTC344222. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nystech Services was incorporated on 22 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Nystech Services has 3 deals on record (1 funding round, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹25 Lakh; the latest was in September 2023.
Pallavi Bhalerao was appointed as Director on 22 Aug 2020. Yogesh Bhalerao was appointed as Director on 22 Aug 2020.
Yes, Nystech Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Nystech Services can be reached through the website shopout.live. Its registered office is in Mumbai, Maharashtra, India.