About Kriya Nextwealth Private Limited
Data last updated:
Kriya Nextwealth Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 28 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72300KA2010PTC147152. Its GSTIN is 29AAECK0255C1ZV (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Kriya It Private Limited. It is led by directors Narendra Babu Velkur and Smitha Shankar.
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 No 46 1st Floor Khb Industrial Area, Bangalore, Karnataka, India – 560064.
As per the financials filed for FY 2024, the company reported a revenue of ₹49.45 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹6.04 Cr (net margin -12.2%) and EBITDA of -₹2.63 Cr (EBITDA margin -5.3%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 40% over five years.
The company has about 1,469 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹14.38 Cr and satisfied charges of ₹8.22 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 kriyanxw.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo 46 1st Floor Khb Industrial Area, Bangalore, Karnataka, India – 560064
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Kriya Nextwealth Private Limited
The main business activity of Kriya Nextwealth is support service to organizations. In detail, this covers office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N6 | Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Kriya Nextwealth Private Limited FY 2025 filings available
Kriya Nextwealth Private Limited reported revenue of ₹49.45 Cr (down 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Kriya Nextwealth Private Limited
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 40%. EBITDA fell 206% 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 of Kriya Nextwealth Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹2.63 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.04 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 of Kriya Nextwealth Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -12.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Kriya Nextwealth are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Kriya Nextwealth Private Limited
Kriya Nextwealth Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Diversified BPO, IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| RT Global Infosolutions Private Limited | ₹49.61 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | New Delhi, Delhi, India |
| Teoco Software Private Limited | ₹49.58 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | North 24 Parganas, West Bengal, India |
| Art Technology and Software India Private Limited | ₹49.55 Cr (FY 2024) | •••• | •••• | 31.0% | •••• | Kochi, Kerala, India |
| Computer Junction Private Limited | ₹49.52 Cr (FY 2024) | •••• | •••• | -12.0% | •••• | New Delhi, Delhi, India |
| Expertcallers Solutions Private Limited | ₹49.47 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | Bangalore, Karnataka, India |
| Kriya Nextwealth Private Limited this company | ₹49.45 Cr (FY 2024) | •••• | •••• | -6.0% | •••• | Bangalore, Karnataka, India |
| Velocity Tech-Sol India Private Limited | ₹49.44 Cr (FY 2025) | •••• | •••• | -35.0% | •••• | Pune, Maharashtra, India |
| Carisma Solutions Private Limited | ₹49.33 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Chennai, Tamil Nadu, India |
| Anr Software Private Limited | ₹49.3 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Noida, Uttar Pradesh, India |
| Octel Networks Private Limited | ₹49.09 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Bangalore, Karnataka, India |
| Solveda Software India Private Limited | ₹49.08 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Kriya Nextwealth by revenue in the Outsourcing industry (Diversified BPO, IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Kriya Nextwealth Private Limited
Kriya Nextwealth Private Limited is audited by KUMARENDRA CHOWDARY & ASSOCIATES CHARTERED ACCOUNT for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KUMARENDRA CHOWDARY & ASSOCIATES CHARTERED ACCOUNT | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Kriya Nextwealth Private Limited
Kriya Nextwealth has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narendra Babu Velkur | Director | 28 May 2010 | 16 Years 4 Months | Current |
| Smitha Shankar Also directs: Velkur Management Consulting Private Limited | Director | 07 Jul 2021 | 5 Years 3 Months | Current |
Ownership and Shareholding of Kriya Nextwealth Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Kriya Nextwealth Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Feb 2023 | Others | ₹14.38 Cr | Open |
| 28 Feb 2023 | Others | ₹1.3 Cr | Satisfied |
| 08 Jul 2022 | Hdfc Bank Limited | ₹27.12 Lakh | Satisfied |
| 26 Feb 2021 | Hdfc Bank Limited | ₹6.65 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Kriya Nextwealth Private Limited
Kriya Nextwealth Private Limited has a workforce of 1,469 employees as of Mar 29, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Kriya Nextwealth Private Limited
Kriya Nextwealth has one previous CIN (Corporate Identification Number): U72300AP2010PTC068615. The current CIN is U72300KA2010PTC147152, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72300KA2010PTC147152 | Current |
| U72300AP2010PTC068615 | Previous |
Recent Activity on Kriya Nextwealth Private Limited
Kriya Nextwealth Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Smitha Shankar ceased to be Additional Director on 30 Nov 2021.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Kriya Nextwealth Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Kriya Nextwealth Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Kriya Nextwealth Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Kriya Nextwealth Private Limited
Kriya Nextwealth has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECK0255C1ZV | Karnataka | Active | 22 Jun 2020 |
| 37AAECK0255C1ZY | Andhra Pradesh | Active | 01 Jul 2017 |
| 33AAECK0255C1Z6 | Tamil Nadu | Active | 01 Nov 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Kriya Nextwealth Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Kriya Nextwealth Private Limited
Kriya Nextwealth is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 28 May 2010 (16+ years old) and is registered under CIN U72300KA2010PTC147152.
Kriya Nextwealth reported revenue of ₹49.45 Cr for FY 2024 (down 6% YoY).
Kriya Nextwealth has 2 current directors:
- Narendra Babu Velkur - Director
- Smitha Shankar - Director
Kriya Nextwealth reported a net loss of ₹6.04 Cr (net margin -12.2%) and EBITDA of -₹2.63 Cr (EBITDA margin -5.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kriya Nextwealth is 19% over three years and 40% over five years. In the latest year (FY 2024) revenue fell 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Kriya Nextwealth is 29AAECK0255C1ZV, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 37AAECK0255C1ZY (Andhra Pradesh), 33AAECK0255C1Z6 (Tamil Nadu).
The CIN (Corporate Identification Number) of Kriya Nextwealth is U72300KA2010PTC147152. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kriya Nextwealth was incorporated on 28 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Kriya Nextwealth by revenue are RT Global Infosolutions Private Limited, Teoco Software Private Limited, Art Technology and Software India Private Limited, Computer Junction Private Limited, Expertcallers Solutions Private Limited and 5 more, all in the Outsourcing industry (Diversified BPO, IT Consulting and Services).
Smitha Shankar ceased to be Additional Director on 30 Nov 2021. Smitha Shankar was appointed as Director on 07 Jul 2021. Bhuvaneswari Velkur ceased to be Director on 02 Jul 2021. Kriya Nextwealth has 4 board changes on record in total.
Kriya Nextwealth can be reached through the website kriyanxw.com. Its registered office is in Bangalore, Karnataka, India.