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.
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- Registered AddressLl/10 Manthan Complex Sattadhar Char Rasta, Ahmedabad, Gujarat, India – 380061
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
- 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
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Business Activity of Naisha IT Solutions Private Limited
The main business activity of Naisha IT Solutions is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Naisha IT Solutions Private Limited FY 2022 filings available
Naisha IT Solutions Private Limited reported revenue of ₹43.1 Lakh (up 37% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Naisha IT Solutions Private Limited
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 of Naisha IT Solutions Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹10.53 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.53 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 of Naisha IT Solutions Private Limited
| 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) | •••• | •••• | •••• | •••• | •••• |
| 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 Naisha IT Solutions 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.
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 of Naisha IT Solutions Private Limited
Naisha IT Solutions Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rohan Diamonds Private Limited | ₹44.03 Lakh (FY 2016) | •••• | •••• | -79.0% | •••• | Mumbai, Maharashtra, India |
| Oruma Kariat Jewellers Private Limited | ₹43.86 Lakh (FY 2023) | •••• | •••• | 187.0% | •••• | Thrissur, Kerala, India |
| Brijwasi Bullions and Jewellers Private Limited (Transfered From Up) | ₹43.71 Lakh (FY 2025) | •••• | •••• | 43.0% | •••• | Lucknow, Uttar Pradesh, India |
| Zoya Bangles Private Limited | ₹43.69 Lakh (FY 2025) | •••• | •••• | -32.0% | •••• | Ahmedabad, Gujarat, India |
| Manit Exim Private Limited | ₹43.53 Lakh (FY 2025) | •••• | •••• | •••• | Faridabad, Haryana, India | |
| Naisha IT Solutions Private Limited this company | ₹43.1 Lakh (FY 2022) | •••• | •••• | 37.0% | •••• | Ahmedabad, Gujarat, India |
| Sevantilal Fakirchand and Company Private Limited | ₹42.42 Lakh (FY 2023) | •••• | •••• | -44.0% | •••• | Mumbai, Maharashtra, India |
| Yash Lifestyle Jewellers Private Limited | ₹42.3 Lakh (FY 2025) | •••• | •••• | 912.0% | •••• | New Delhi, Delhi, India |
| Shree United Evolution Corporation Private Limited | ₹42.22 Lakh (FY 2024) | •••• | •••• | -51.0% | •••• | Surat, Gujarat, India |
| P K Sen Trading Private Limited | ₹42.03 Lakh (FY 2024) | •••• | •••• | 8.0% | •••• | Raiganj, West Bengal, India |
| Anuveda Gold Private Limited | ₹41.74 Lakh (FY 2019) | •••• | •••• | -96.0% | •••• | Nashik, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Naisha IT Solutions by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), 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 Naisha IT Solutions Private Limited
Naisha IT Solutions Private Limited is audited by H A JAIN & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H A JAIN & ASSOCIATES | 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.
Ownership and Shareholding of Naisha IT Solutions 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 Naisha IT Solutions Private Limited
Naisha IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Naisha IT Solutions Private Limited
Employment history and EPFO contributions of people linked to Naisha IT Solutions.
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.
Recent Activity on Naisha IT Solutions Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Naisha IT Solutions 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 Naisha IT Solutions 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 Naisha IT Solutions 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 Naisha IT Solutions Private Limited
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 Naisha IT Solutions 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 Naisha IT Solutions Private Limited
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.
Naisha IT Solutions reported revenue of ₹43.1 Lakh for FY 2022 (up 37% YoY).
Naisha IT Solutions has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹1.37 Cr.
Naisha IT Solutions reported a net profit of ₹10.53 Lakh (net margin 24.4%) and EBITDA of ₹10.53 Lakh (EBITDA margin 24.4%) for FY 2022, as per its filed financial statements.
Naisha IT Solutions operated in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
The compounded annual growth rate (CAGR) of the revenue of Naisha IT Solutions is 95% over three years. In the latest year (FY 2022) revenue rose 37%. CAGR is the steady yearly rate that links the first and the last year.