About Demandnxt Business Services Private Limited
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Demandnxt Business Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the database management and solutions segment of the technology and IT services sector. It was incorporated on 01 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2010PTC053455. Its GSTIN is 29AAACW9587F1ZO (Karnataka).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It was formerly known as Work Sphere Technologies Private Limited. It is led by directors Varghese Karikott Thomas and Preetham Poovani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at L – 175 3rd Floor Hsr Layout 6th Sector, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.4 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹22.18 Lakh (net margin -2.4%) and EBITDA of ₹32.78 Lakh (EBITDA margin 3.5%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 1% over five years.
The company has about 123 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: DemandNXT. As per MCA filings, the company has satisfied charges of ₹3.45 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website demandnxt.com.
Company details
Contact details
Demandnxt Business Services Private Limited's registered office is in Bangalore, Karnataka. Its website is demandnxt.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressL – 175 3rd Floor Hsr Layout 6th Sector, Bangalore, Karnataka, India – 560102
- IndustryInformation Technology, Database Management & Solutions
To see the full contact details of Demandnxt Business Services 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
Demandnxt Business Services operates one associated brand: DemandNXT. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers data-driven B2B marketing, demand generation, and contact data services. | demandnxt.com |
Business activity
The main business activity of Demandnxt Business Services is professional, scientific and technical. In detail, this covers advertising and market research.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M6 | Advertising and market research |
To see the full business activity and turnover split of Demandnxt Business Services Private Limited, buy the company report.
Financials of Demandnxt Business Services Private Limited
FY 2024 filings availableDemandnxt Business Services Private Limited reported revenue of ₹9.4 Cr (down 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 23% fall in the latest year. EBITDA fell 69% 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 | ₹32.78 Lakh | ||||
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| Net Profit (PAT) | -₹22.18 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 3.5% | ||||
| Net Profit Margin | -2.4% | ||||
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To see the full financial statements and ratios of Demandnxt Business Services Private Limited, buy the company report.
Board of directors of Demandnxt Business Services Private Limited
Demandnxt Business Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varghese Karikott Thomas Also directs: Kipplo Technologies Private Limited | Director | 01 Jan 2011 | 15 Years 10 Months | Current |
| Preetham Poovani | Director | 01 Jan 2011 | 15 Years 10 Months | Current |
Auditor
Demandnxt Business Services Private Limited is audited by S B V A & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S B V A & ASSOCIATES | FY 2023 | 011122S |
Shareholding
The shareholding of Demandnxt Business Services Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Demandnxt Business Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Feb 2020 | 100328274 | The South Indian Bank Limited | ₹1.5 Cr | Satisfied | |
| 09 Dec 2014 | 10534820 | Icici Bank Ltd | ₹1.95 Cr | Satisfied |
To see the full charge records of Demandnxt Business Services Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Demandnxt Business 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 Demandnxt Business Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Demandnxt Business Services Private Limited has a workforce of 123 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Demandnxt Business Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACW9587F1ZO | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Demandnxt Business Services Private Limited, buy the company report.
Recent activity
Demandnxt Business Services Private Limited has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Clement Deepak ceased to be Director on 01 Apr 2016.
1 earlier event is in the company report.
Frequently asked questions
Demandnxt Business Services is an active private limited company based in Bangalore, Karnataka, India. The company works in database management and solutions, within the information technology industry. It was incorporated on 01 May 2010 (16+ years old) and is registered under CIN U72200KA2010PTC053455.
Demandnxt Business Services has 2 current directors:
- Varghese Karikott Thomas - Director
- Preetham Poovani - Director
The latest financial statements of Demandnxt Business Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Demandnxt Business Services is 29AAACW9587F1ZO, registered in Karnataka.
The CIN (Corporate Identification Number) of Demandnxt Business Services is U72200KA2010PTC053455. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Demandnxt Business Services was incorporated on 01 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Clement Deepak ceased to be Director on 01 Apr 2016. Preetham Poovani ceased to be Additional Director on 31 Mar 2016. Varghese Karikott Thomas ceased to be Additional Director on 31 Mar 2016. Demandnxt Business Services has 6 board changes on record in total.
Demandnxt Business Services can be reached through the website demandnxt.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Demandnxt Business Services is at L – 175 3rd Floor Hsr Layout 6th Sector, Bangalore, Karnataka, India – 560102.
Demandnxt Business Services operates in the information technology industry, in the database management and solutions segment.
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