- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0089350

About M2nxt Solutions Private Limited
Data last updated:
M2nxt Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Bharat Fritz Werner Limited. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 23 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29100KA2019PTC124551. Its GSTIN is 29AAMCM6881G1ZT (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Jagannath Varadaraja Iyengar (Whole-Time Director) and Ravi Raghavan.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No 50B Peenya 2nd Phase, Industrial Area Bangalore North Taluk, Karnataka, India – 560058.
As per the financials filed for FY 2025, the company reported a revenue of ₹57.04 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹95.09 Lakh (net margin 1.7%) and EBITDA of ₹2.19 Cr (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 74% over three years and 454% over five years.
The company has about 76 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹13 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 1 case is pending.
M2nxt Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0089350). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website m2nxt.com.
Company details
Recognitions & Rankings of M2nxt Solutions
Contact details
M2nxt Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is m2nxt.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No 50B Peenya 2nd Phase, Industrial Area Bangalore North Taluk, Karnataka, India – 560058
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of M2nxt Solutions 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 activities of M2nxt Solutions are professional, scientific and technical and manufacturing. In detail, this covers other professional, scientific and technical activities and electrical equipment, general purpose and special purpose machinery & equipment, transport equipment. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | |
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of M2nxt Solutions Private Limited, buy the company report.
Financials of M2nxt Solutions Private Limited
FY 2025 filings availableM2nxt Solutions Private Limited reported revenue of ₹57.04 Cr (up 184% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 454% over five years, including 184% growth in the latest year. EBITDA rose 190% 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 | ₹2.19 Cr | ||||
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| Net Profit (PAT) | ₹95.09 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.8% | ||||
| Net Profit Margin | 1.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of M2nxt Solutions Private Limited, buy the company report.
Board of directors of M2nxt Solutions Private Limited
M2nxt Solutions has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Raghavan | Director | 14 Jun 2019 | 7 Years 4 Months | Current |
| Nagaraja Hariharan Also directs: Excel Precision Manufacturing Limited | Director | 23 May 2019 | 7 Years 5 Months | Current |
| Jagannath Varadaraja Iyengar | Whole-Time Director | 03 Jun 2020 | 6 Years 5 Months | Current |
| Sujoy Dasgupta | Director | 23 May 2019 | 7 Years 5 Months | Current |
Auditor
M2nxt Solutions Private Limited is audited by Vasanth & Co., for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vasanth & Co., | FY 2024 | 008204S |
Shareholding
The shareholding of M2nxt Solutions Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of M2nxt Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Apr 2025 | 101089868 | Hdfc Bank Limited | ₹10 Cr | Open | |
| 21 Dec 2022 | 100666211 | Others | ₹3 Cr | Open |
To see the full charge records of M2nxt Solutions Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
M2nxt Solutions Private Limited has 5 court cases on record: 4 filed by M2nxt Solutions, 1 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Hindustan Aeronautics Limited and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S Conveyors and Automation | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed by the company against M/S Girija Uniqlean Systems | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against M/S Girija Uniqlean Systems | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S Girija Uniqlean Systems | Disposed |
To see the full case history of M2nxt Solutions 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
M2nxt Solutions Private Limited has 7 MSME Form 1 returns on record between 2022 and 2024, listing 1,839 overdue payments to 48 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 48)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kabelschlepp India Private Limited | |||
| Rakidev Accutech Private Limited | |||
| Maven Techno Industries | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of M2nxt Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
M2nxt Solutions Private Limited has a workforce of 76 employees on its EPFO records as of Dec 17, 2024, across 1 active EPFO establishment.
GST
M2nxt Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCM6881G1ZT | Karnataka | Active | 17 Jul 2019 |
To see the full GST registrations and return filing status of M2nxt Solutions Private Limited, buy the company report.
Recent activity
M2nxt Solutions Private Limited has 5 board changes on record since 2019: 4 appointments and 1 cessation. The latest: Praful Shende Shankar ceased to be Additional Director on 06 Jul 2020.
Frequently asked questions
M2nxt Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 23 May 2019 (7+ years old) and is registered under CIN U29100KA2019PTC124551.
M2nxt Solutions has 4 current directors:
- Jagannath Varadaraja Iyengar - Whole-Time Director
- Ravi Raghavan - Director
- Nagaraja Hariharan - Director
- Sujoy Dasgupta - Director
The latest financial statements of M2nxt Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of M2nxt Solutions is 29AAMCM6881G1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of M2nxt Solutions is U29100KA2019PTC124551. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M2nxt Solutions has 5 court cases on record: 4 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
M2nxt Solutions was incorporated on 23 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Praful Shende Shankar ceased to be Additional Director on 06 Jul 2020. Jagannath Varadaraja Iyengar was appointed as Whole-Time Director on 03 Jun 2020. Ravi Raghavan was appointed as Director on 14 Jun 2019. M2nxt Solutions has 5 board changes on record in total.
Yes, M2nxt Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0089350).
M2nxt Solutions has 7 MSME Form 1 returns on record between 2022 and 2024, listing 1,839 overdue payments to 48 micro and small suppliers. The latest return was filed on 01 May 2024.
M2nxt Solutions can be reached through the website m2nxt.com. Its registered office is in Bangalore, Karnataka, India.

