Naisha IT Solutions Private Limited
About Naisha IT Solutions Private Limited
Data last updated:
Naisha IT Solutions Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 11 April 2011.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2011PTC064871.
The company had an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹1.37 Cr. It was formerly known as Jyoti It Solutions Private Limited. It was led by directors including Ashwin Narandas Patel and Deepak Narayandas Patel.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Ll/10 Manthan Complex Sattadhar Char Rasta, Ahmedabad, Gujarat, India – 380061.
As per the financials filed for FY 2022, the company reported a revenue of ₹43.1 Lakh, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹10.53 Lakh (net margin 24.4%) and EBITDA of ₹10.53 Lakh (EBITDA margin 24.4%). Revenue has grown at a compounded annual rate (CAGR) of 95% over three years.
Company details
Contact details
Naisha IT Solutions Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressLl/10 Manthan Complex Sattadhar Char Rasta, Ahmedabad, Gujarat, India – 380061
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Naisha IT 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 activity of Naisha IT Solutions is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Naisha IT Solutions Private Limited, buy the company report.
Financials of Naisha IT Solutions Private Limited
FY 2022 filings availableNaisha IT Solutions Private Limited reported revenue of ₹43.1 Lakh (up 37% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 95% over three years, including 37% growth in the latest year. EBITDA rose 50% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹43.1 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹10.53 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.53 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.4% | ||||
| Net Profit Margin | 24.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Naisha IT Solutions Private Limited, buy the company report.
Board of directors of Naisha IT Solutions Private Limited
Naisha IT Solutions has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gautam Khodidas Patel Also directs: Oswal Techno-Ventures LLP, Naisha IT Solutions LLP | Additional Director | 09 Mar 2023 | 3 Years 7 Months | As last reported |
| Ashwin Narandas Patel | Director | 01 Dec 2016 | 9 Years 10 Months | As last reported |
| Deepak Narayandas Patel | Director | 01 Dec 2016 | 9 Years 10 Months | As last reported |
Peer comparison
Naisha IT Solutions Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Brijwasi Bullions and Jewellers Private Limited (Transfered From Up) | ₹43.71 Lakh (FY 2025) | 43.0% | Lucknow, Uttar Pradesh, India | |||
| Naisha IT Solutions Private Limitedthis company | ₹43.1 Lakh (FY 2022) | ₹10.53 Lakh | 24.4% | 37.0% | Ahmedabad, Gujarat, India | |
| Sevantilal Fakirchand and Company Private Limited | ₹42.42 Lakh (FY 2023) | -44.0% | Mumbai, Maharashtra, India | |||
| Anuveda Gold Private Limited | ₹41.74 Lakh (FY 2019) | -96.0% | Nashik, Maharashtra, India |
To see the full peer comparison of Naisha IT Solutions Private Limited, buy the company report.
Auditor
Naisha IT Solutions Private Limited is audited by H A JAIN & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H A JAIN & ASSOCIATES | FY 2021 | 145473W |
Shareholding
The shareholding of Naisha IT Solutions Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Naisha IT Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Naisha IT Solutions 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 Naisha IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Naisha IT Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Naisha IT Solutions Private Limited has 5 board changes on record since 2016: 3 appointments and 2 cessations. The latest: Gautam Khodidas Patel was appointed as Additional Director on 09 Mar 2023.
Frequently asked questions
Naisha IT Solutions has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Naisha IT Solutions was a private limited company based in Ahmedabad, Gujarat, India. The company worked in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 11 April 2011 and is registered under CIN U72200GJ2011PTC064871. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Naisha IT Solutions is U72200GJ2011PTC064871. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Naisha IT Solutions had 3 directors:
- Gautam Khodidas Patel - Additional Director
- Ashwin Narandas Patel - Director
- Deepak Narayandas Patel - Director
Naisha IT Solutions was incorporated on 11 April 2011. It is registered with the Registrar of Companies, Ahmedabad.
The registered office of Naisha IT Solutions is at Ll10 Manthan Complex Sattadhar Char Rasta, Ahmedabad, Gujarat, India – 380061.
The latest financial statements of Naisha IT Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
Naisha IT Solutions operated in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
The peers of Naisha IT Solutions by revenue are Brijwasi Bullions and Jewellers Private Limited (Transfered From Up), Sevantilal Fakirchand and Company Private Limited, Anuveda Gold Private Limited, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading).
Gautam Khodidas Patel was appointed as Additional Director on 09 Mar 2023. Gautam Khodidas Patel ceased to be Director on 15 Dec 2016. Nikunj Hareshbhai Pandya ceased to be Director on 15 Dec 2016. Naisha IT Solutions has 5 board changes on record in total.
The compliance status of Naisha IT Solutions is compliant as of 10 August 2026.