About Next57
Next57 is a Real Estate & Construction company based in Chandigarh (India) founded in 2016. It offers coworking and furnished office spaces in Chandigarh, Mohali, Zirakpur. It operates on a B2B model. Its Indian entity Next57 Coworking Private Limited reported revenue of ₹1.55 Cr. Next57 offers products and services including Coworking Space and Furnished Offices. Its focus areas include Real Estate, Commercial Real Estate, Office Spaces and Coworking. Its competitors include BHIVE Workspace, IndiQube and DevX; 3 of its 3 listed competitors have raised funding.
Company details
Next57 Coworking delivers affordable, 247 coworking and fully furnished office spaces to over 200 companies in India. Operating in Chandigarh, Mohali, and Zirakpur, it focuses on flexible workplace solutions for businesses, including shared desks and private offices. The service emphasizes accessibility and productivity without promotional bias, serving various professional needs in these locations.
- Headquarters Chandigarh, India
- SectorsReal Estate & Construction
- Phone•••• ••••
- Website next57.com
- Social Facebook Instagram
- Legal Name Next57 Coworking Private Limited
- Date of Incorporation 18 Dec, 2018
- Jurisdiction Chandigarh, India
- Annual Revenue₹1.55 Cr
FY 2021 · -46% YoY
- Net Loss-₹9.9 Lakh
FY 2021 · -6% margin
- EBITDA-₹10.4 Lakh
FY 2021 · -7% margin
Associated legal entities of Next57
Next57 operates through Next57 Coworking Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Next57 Coworking Private Limited CIN U70109CH2018PTC042297 | Active | 18 Dec 2018 | Chandigarh, Chandigarh | ₹1.5 Cr | 2 | View details |
Products & Services of Next57
Next57 offers a comprehensive portfolio of products and services, including Coworking Space and Furnished Offices.
Provides flexible shared workspaces for professionals and companies.
Offers fully equipped private offices for business operations.
Board of directors of Next57 Coworking Private Limited (Next57)
Next57 Coworking Private Limited is the primary company behind Next57. The board of Next57 Coworking Private Limited currently have 2 directors; the longest-serving is Prashant Sharma, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prashant Sharma DIN 08307206 | Director | 18 Dec 2018 | 7 yrs 10 mo | Next57 Coworking Private Limited |
| Mohak Goyal DIN 07530518 | Director | 18 Dec 2018 | 7 yrs 10 mo | Next57 Coworking Private Limited |
Financials of Next57
Figures of Next57 Coworking Private Limited, the primary company behind Next57, for FY 2021. Revenue was ₹1.55 Cr (-46% year on year). Net loss was -₹9.9 Lakh (-6% margin). EBITDA was -₹10.4 Lakh (-7% margin).
- ₹1.55 CrRevenue · FY 2021 · -46% YoY
- -₹9.9 LakhNet loss · -6% margin
- -₹10.4 LakhEBITDA · -7% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Next57 Coworking Private Limited are on its company page.
Detailed financial statements for Next57
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Competitors of Next57
Next57 has 3 listed competitors in our database, 3 of them funded. They include BHIVE Workspace, IndiQube and DevX.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bhiveworkspace.com | 2014 | Bengaluru, India | $3.09M | 322 | Flexible workspace solutions, including coworking and managed offices, are offered. | |
| indiqube.com | 2015 | Bengaluru, India | $44.96M | 2,190 | Flexible workspace solutions are provided for enterprises, startups, and SMBs. | |
| devx.work | 2017 | Ahmedabad, India | $16.16M | 79 | Managed office spaces and coworking environments are provided for businesses. |
Detailed competitors of Next57
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Web traffic of Next57
The website of Next57 (next57.com) receives about 4.2K visits a month.
- Monthly visits4.2K
▲ 31.6% vs previous month
Top companies in Serviced & Flexible Workspaces
3 companies that operate in the same segment as Next57 (Serviced & Flexible Workspaces) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Global design and build services for corporate workplaces focusing on sustainability and employee wellbeing. | 2001 | Bengaluru, Karnataka, India | ||||
Provides managed office spaces for businesses. | 1988 | Gurugram, Haryana, India | USD 30.2 M | 1,029 | ||
Develops IT parks, business spaces, and managed workspaces in Bengaluru and other cities. | 1996 | Bengaluru, Karnataka, India | USD 281.58 M | 221 |
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Related news about Next57
Complete news archive for Next57
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Frequently Asked Questions about Next57
Next57 was founded in 2016.
Next57 is headquartered in Chandigarh, India.
The primary company behind Next57, Next57 Coworking Private Limited, reported revenue of ₹1.55 Cr for FY 2021, down 46% year on year.
Next57 Coworking delivers affordable, 247 coworking and fully furnished office spaces to over 200 companies in India. Operating in Chandigarh, Mohali, and Zirakpur, it focuses on flexible workplace solutions for businesses, including shared desks and private offices. The service emphasizes accessibility and productivity without promotional bias, serving various professional needs in these locations.
Next57's top competitors include IndiQube, DevX and BHIVE Workspace.
Next57 offers Coworking Space and Furnished Offices.
Next57 operates through Next57 Coworking Private Limited.
The legal entities of Next57 currently have 2 directors, including Prashant Sharma, Mohak Goyal.