About Global Nest Technologies Private Limited
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Global Nest Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 22 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2007PTC053240.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Lakh. It is led by directors including Kranthi Kumar Mikkilineni and Durga Prasad Mikkilineni.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2016, the company reported a revenue of ₹93.47 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.79 Lakh (net margin 1.9%) and EBITDA of ₹11.31 Lakh (EBITDA margin 12.1%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years.
The company has about 5 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Globalnest. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website globalnest.com.
Company details
CIN history
Global Nest Technologies has one previous CIN (Corporate Identification Number): U72200AP2007PTC053240. The current CIN is U72200TG2007PTC053240, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2007PTC053240 | Current |
| U72200AP2007PTC053240 | Previous |
Contact details
Global Nest Technologies Private Limited's registered office is in Hyderabad, Telangana. Its website is globalnest.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressFlat No.105 5th Floor H.No.1 – 98/10/105 At Plot No.17 Rohini Layout Opp. Cyber Tower, Madhapur, Hyderabad, Telangana, India – 500081
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Global Nest Technologies 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
Global Nest Technologies operates one associated brand: Globalnest. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides IT consulting, software solutions, and staff augmentation services globally. | globalnest.com |
Financials of Global Nest Technologies Private Limited
FY 2023 filings availableGlobal Nest Technologies Private Limited reported revenue of ₹93.47 Lakh (up 1% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 1% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 15%. EBITDA rose 8% 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹93.47 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹11.31 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹1.79 Lakh | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 12.1% | |
| Net Profit Margin | 1.9% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
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| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Global Nest Technologies Private Limited, buy the company report.
Board of directors of Global Nest Technologies Private Limited
Global Nest Technologies has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishna Vaaka | Additional Director | 17 Aug 2010 | 16 Years 2 Months | Current |
| Kranthi Kumar Mikkilineni Also directs: Landchester Developers Private Limited, MSSR Developers Private Limited, Reverie Developers Private Limited and 1 more | Director | 22 Mar 2007 | 19 Years 7 Months | Current |
| Durga Prasad Mikkilineni | Director | 22 Mar 2007 | 19 Years 7 Months | Current |
| Balraj Yadav Gardilla | Director | 22 Mar 2007 | 19 Years 7 Months | Current |
Auditor
Global Nest Technologies Private Limited is audited by MAHESH VIRENDER & SRIRAM for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHESH VIRENDER & SRIRAM | FY 2016 | 001939S |
Shareholding
The shareholding of Global Nest Technologies 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 Global Nest Technologies Private Limited, buy the company report.
Legal cases
Global Nest Technologies Private Limited has 1 court case on record: 1 filed by Global Nest Technologies. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Global Nest Technologies Private Limited, 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 Global Nest Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Global Nest Technologies Private Limited has a workforce of 5 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Global Nest Technologies Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Global Nest Technologies Private Limited has 4 board changes on record since 2007: 4 appointments. The latest: Krishna Vaaka was appointed as Additional Director on 17 Aug 2010.
Frequently asked questions
Global Nest Technologies is an active private limited company based in Hyderabad, Telangana, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 22 March 2007 (19+ years old) and is registered under CIN U72200TG2007PTC053240.
Global Nest Technologies has 4 current directors:
- Krishna Vaaka - Additional Director
- Kranthi Kumar Mikkilineni - Director
- Durga Prasad Mikkilineni - Director
- Balraj Yadav Gardilla - Director
The latest financial statements of Global Nest Technologies on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Global Nest Technologies is U72200TG2007PTC053240. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Global Nest Technologies has 1 court case on record: 1 filed by the company.
Global Nest Technologies was incorporated on 22 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Hyderabad.
Krishna Vaaka was appointed as Additional Director on 17 Aug 2010. Balraj Yadav Gardilla was appointed as Director on 22 Mar 2007. Durga Prasad Mikkilineni was appointed as Director on 22 Mar 2007. Global Nest Technologies has 4 board changes on record in total.
Global Nest Technologies can be reached through the website globalnest.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Global Nest Technologies is at Flat No.105 5th Floor H.No.1 – 9810105 At Plot No.17 Rohini Layout Opp. Cyber Tower, Madhapur, Hyderabad, Telangana, India – 500081.
Global Nest Technologies operates in the business outsourcing industry, in the HR outsourcing and talent management segment.