MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-01-0003359
Acidaes Solutions Pvt Ltd - information technology in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹274.35 Cr
▲ 1% YoY
Net profit · FY 2025
₹3.12 Cr
Net margin 1.1%
EBITDA · FY 2025
₹23.22 Cr
EBITDA margin 8.5%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹2.7 Lakh
Issued & subscribed
Open charges
₹95.2 Cr
Secured borrowings
Company age
25 yrs
Est. 2001
Employees · EPFO
1,281
Provident fund records
About Acidaes Solutions Pvt Ltd
Data last updated:
Acidaes Solutions Pvt Ltd is a private limited company based in New Delhi, Delhi, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 19 September 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2001PTC112467. Its GSTIN is 09AADCA1855F1ZU (Uttar Pradesh). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹2.7 Lakh. It is led by directors including Nishant Singh and Veeraraghavan Mohan Kumar.
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 2nd Floor 1/3 Sir Gangaram Hospital Marg Old Rajinder Nagar, New Delhi, Delhi, India – 110060.
As per the financials filed for FY 2025, the company reported a revenue of ₹274.35 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹3.12 Cr (net margin 1.1%) and EBITDA of ₹23.22 Cr (EBITDA margin 8.5%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 18% over five years.
The company has about 1,281 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Businessnext. As per MCA filings, the company has open charges of ₹95.2 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 2 cases are pending. The company has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹545.55 Cr; the latest was in July 2026.
Acidaes Solutions Pvt Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-01-0003359). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website crmnext.com.
Company details
CIN U72900DL2001PTC112467
Registration Number 112467
Incorporation Date 19 September 2001
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-DL-01-0003359
Key People
Nishant Singh Director Veeraraghavan Mohan Kumar Director Bidhan Chandra Choudhary Director Recognitions & Rankings of Acidaes Solutions
Contact details
Acidaes Solutions Pvt Ltd's registered office is in New Delhi, Delhi. Its website is crmnext.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2nd Floor 1/3 Sir Gangaram Hospital Marg Old Rajinder Nagar, New Delhi, Delhi, India – 110060
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Acidaes Solutions Pvt Ltd, buy the company report.
Comprehensive company report
Acidaes Solutions Pvt Ltd - 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
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Brands
Acidaes Solutions operates one associated brand: BUSINESSNEXT. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of composable platform for CRM, data management, lending, and AI agent solutions | businessnext.com |
Business activity
The main business activity of Acidaes Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Acidaes Solutions Pvt Ltd, buy the company report.
Financials of Acidaes Solutions Pvt Ltd
FY 2025 filings availableAcidaes Solutions Pvt Ltd reported revenue of ₹274.35 Cr (up 1% YoY) for FY 2025.
Revenue · FY 2025
₹274.35 Cr ▲ 1%
Net profit · FY 2025
₹3.12 Cr margin 1.1%
EBITDA · FY 2025
₹23.22 Cr margin 8.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 11%
5 years · compounded
▲ 18%
EBITDA CAGR growth
3 years · compounded
▲ 18%
5 years · compounded
▲ 25%
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 1% growth 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹274.35 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹23.22 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.12 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.5% | ||||
| Net Profit Margin | 1.1% | ||||
| 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 Acidaes Solutions Pvt Ltd, buy the company report.
Board of directors of Acidaes Solutions Pvt Ltd
Acidaes Solutions has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nishant Singh | Director | 19 Sep 2001 | 25 Years 1 Months | Current |
| Veeraraghavan Mohan Kumar | Director | 27 Mar 2014 | 12 Years 7 Months | Current |
| Bidhan Chandra Choudhary | Director | 23 Feb 2011 | 15 Years 8 Months | Current |
| Nishant Kanuru Rao | Director | 25 Feb 2021 | 5 Years 8 Months | Current |
Auditor
Acidaes Solutions Pvt Ltd is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Acidaes Solutions Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Acidaes Solutions Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹95.2 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2023 | 100788654 | Hdfc Bank Limited | ₹20.43 Lakh | Open | |
| 28 Dec 2017 | 100152627 | Hdfc Bank Limited | ₹95 Cr | Open |
To see the full charge records of Acidaes Solutions Pvt Ltd, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Acidaes Solutions Pvt Ltd has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹545.55 Cr; the latest was in July 2026.
Total deals
6
Funding rounds
3
Secondary share transfers
3
Disclosed funding
₹545.55 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2026 | Funding round · Series C | ₹385.96 Cr | Investors: ServiceNow Ventures |
| Feb 2021 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Aug 2019 | Secondary share transfer | Undisclosed | Buyer: Avataar Venture Partners Seller: Norwest Venture Partners |
| Mar 2014 | Funding round · Series A | ₹42 Cr | Investors: Norwest Venture Partners |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Acidaes Solutions Pvt Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Acidaes Solutions Pvt Ltd has 3 court cases on record: 1 filed by Acidaes Solutions, 2 filed against it. 2 cases are pending and 1 is disposed.
Total cases
3
Filed by the company
1
Filed against the company
2
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Pending |
| Allahabad High Court | Writ petition | Filed by the company against State of U.P. and 3 Others | Pending |
| District court, South, Delhi | Civil suit | Filed against the company by State | Disposed |
To see the full case history of Acidaes Solutions Pvt Ltd, 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 Acidaes Solutions Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Acidaes Solutions Pvt Ltd has a workforce of 1,281 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
1,281
Active EPFO establishments
1
Employee growth
5.8%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 1,281 |
| FY 2025-26 | |
| FY 2024-25 | |
| 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 Acidaes Solutions Pvt Ltd, buy the company report.
GST
Acidaes Solutions has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AADCA1855F1ZU | Uttar Pradesh | Active | 01 Jul 2017 |
| 27AADCA1855F1ZW | Maharashtra | Active | 01 Jul 2017 |
| 20AADCA1855F1ZA | Jharkhand | Active | 30 Aug 2023 |
To see the full GST registrations and return filing status of Acidaes Solutions Pvt Ltd, buy the company report.
Recent activity
Acidaes Solutions Pvt Ltd has 9 board changes on record since 2001: 4 appointments and 5 cessations. The latest: Nishant Kanuru Rao ceased to be Additional Director on 22 Mar 2021.
Charges
A charge with Hdfc Bank Limited of Rs. 9,500.00 Lakh registered on 28 Dec 2017 with Charge ID 100152627 was modified on 06 Nov 2025.
AGM
Acidaes Solutions Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Acidaes Solutions Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi Ii.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.43 Lakh with Charge ID 100788654 was registered on 28 Sep 2023.
Ceased
Nishant Kanuru Rao ceased to be Additional Director.
Appointed
Nishant Kanuru Rao was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 9,500.00 Lakh with Charge ID 100152627 was registered on 28 Dec 2017.
Ceased
Manoj Kumar Singh ceased to be Director.
Ceased
Pushpa Singh ceased to be Director.
Ceased
Sushil Kumar Tyagi ceased to be Director.
Appointed
Veeraraghavan Mohan Kumar was appointed as Director.
Ceased
Deepak Sapra ceased to be Director.
3 earlier events are in the company report.
News
Frequently asked questions
Acidaes Solutions is an active private limited company based in New Delhi, Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 19 September 2001 (25+ years old) and is registered under CIN U72900DL2001PTC112467.
Acidaes Solutions has 4 current directors:
- Nishant Singh - Director
- Veeraraghavan Mohan Kumar - Director
- Bidhan Chandra Choudhary - Director
- Nishant Kanuru Rao - Director
The latest financial statements of Acidaes 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 2015 are in the company report.
The GSTIN of Acidaes Solutions is 09AADCA1855F1ZU, registered in Uttar Pradesh. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AADCA1855F1ZW (Maharashtra), 20AADCA1855F1ZA (Jharkhand).
The CIN (Corporate Identification Number) of Acidaes Solutions is U72900DL2001PTC112467. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Acidaes Solutions has 3 court cases on record: 1 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Acidaes Solutions was incorporated on 19 September 2001, making it 25+ years old. It is registered with the Registrar of Companies, Delhi.
Acidaes Solutions has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹545.55 Cr; the latest was in July 2026.
Nishant Kanuru Rao ceased to be Additional Director on 22 Mar 2021. Nishant Kanuru Rao was appointed as Director on 25 Feb 2021. Manoj Kumar Singh ceased to be Director on 06 May 2014. Acidaes Solutions has 9 board changes on record in total.
Yes, Acidaes Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-01-0003359).
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