About Generation Next Outsourcing Services Private Limited
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Generation Next Outsourcing Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 30 April 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2003PTC140232. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Maharukh Farokh Dadachanji and Kanti Dayanand Shetty.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2017, the company reported a revenue of ₹31.2 Lakh, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹94,849 (net margin -3%) and EBITDA of ₹1.07 Lakh (EBITDA margin 3.4%).
As per MCA filings, the company has open charges of ₹5.5 Lakh on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website gennext-hr.com.
Company details
Contact details
Generation Next Outsourcing Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is gennext-hr.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressUnitno.C – 506 5 Thfloorofjaswantialliedbusinesscentre 12 Ramchandralane Kanc, Hpada, Mumbai, Maharashtra, India – 400064
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Generation Next Outsourcing 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
Business activity
The main business activity of Generation Next Outsourcing Services is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Generation Next Outsourcing Services Private Limited, buy the company report.
Financials of Generation Next Outsourcing Services Private Limited
FY 2017 filings availableGeneration Next Outsourcing Services Private Limited reported revenue of ₹31.2 Lakh (down 15% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year. EBITDA rose 10% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹31.2 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.07 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹94,849 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
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| Trade Payables | |||
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| Inventories | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 3.4% | ||
| Net Profit Margin | -3% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
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| Efficiency and Growth | |||
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| Receivable Days | |||
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| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Generation Next Outsourcing Services Private Limited, buy the company report.
Board of directors of Generation Next Outsourcing Services Private Limited
Generation Next Outsourcing 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 |
|---|---|---|---|---|
| Maharukh Farokh Dadachanji | Additional Director | 24 Sep 2018 | 8 Years 1 Months | Current |
| Kanti Dayanand Shetty | Additional Director | 24 Sep 2018 | 8 Years 1 Months | Current |
Auditor
Generation Next Outsourcing Services Private Limited is audited by Musamji & Patel for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Musamji & Patel | FY 2017 | 130010W |
Shareholding
The shareholding of Generation Next Outsourcing Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Generation Next Outsourcing Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2009 | 10172488 | Nkgsb Co-Op. Bank Ltd. | ₹5.5 Lakh | Open |
To see the full charge records of Generation Next Outsourcing Services Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Generation Next Outsourcing 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 Generation Next Outsourcing Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Generation Next Outsourcing Services has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Generation Next Outsourcing Services Private Limited, buy the company report.
Recent activity
Generation Next Outsourcing Services Private Limited has 10 board changes on record since 2003: 6 appointments and 4 cessations. The latest: Pratapsingh I Nathani ceased to be Additional Director on 26 Sep 2018.
3 earlier events are in the company report.
Frequently asked questions
Generation Next Outsourcing Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 30 April 2003 (23+ years old) and is registered under CIN U74140MH2003PTC140232.
Generation Next Outsourcing Services has 2 current directors:
- Maharukh Farokh Dadachanji - Additional Director
- Kanti Dayanand Shetty - Additional Director
The latest financial statements of Generation Next Outsourcing Services on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. Generation Next Outsourcing Services has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Generation Next Outsourcing Services is U74140MH2003PTC140232. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Generation Next Outsourcing Services was incorporated on 30 April 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Pratapsingh I Nathani ceased to be Additional Director on 26 Sep 2018. Simrankaur Pratapsingh Nathani ceased to be Additional Director on 26 Sep 2018. Kanti Dayanand Shetty was appointed as Additional Director on 24 Sep 2018. Generation Next Outsourcing Services has 10 board changes on record in total.
Generation Next Outsourcing Services can be reached through the website gennext-hr.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Generation Next Outsourcing Services is at Unitno.C – 506 5 Thfloorofjaswantialliedbusinesscentre 12 Ramchandralane Kanc, Hpada, Mumbai, Maharashtra, India – 400064.
Generation Next Outsourcing Services operates in the financial services industry, in the brokerage and trading services segment.
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