Nashik Online Limited
About Nashik Online Limited
Data last updated:
Nashik Online Limited was a public limited company based in Pune, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 29 March 2012.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2012PLC142788. Its GSTIN is 27AADCN9583D1Z6 (Maharashtra).
The company had an authorised share capital of ₹65 Lakh and a paid-up capital of ₹59.91 Lakh. It was formerly known as Nashik Online Private Limited. It was led by directors including Nitin Gajanan Lokhande and Nitin Vasantrao Mehetre.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 504 Pentagon P – 3 Magarpatta City Hadapsar, Pune, Maharashtra, India – 411028.
As per the financials filed for FY 2020, the company reported a revenue of ₹3.37 Lakh, a growth of 22% compared to the previous year. For the same year it recorded a net loss of ₹7.55 Lakh (net margin -223.8%) and EBITDA of -₹10.92 Lakh (EBITDA margin -323.8%). Revenue has declined at a compounded annual rate (CAGR) of 81% over three years and 68% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
Company details
CIN history
Nashik Online has one previous CIN (Corporate Identification Number): U72900PN2012PTC142788. The current CIN is U72900PN2012PLC142788, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900PN2012PLC142788 | Current |
| U72900PN2012PTC142788 | Previous |
Contact details
Nashik Online Limited's registered office is in Pune, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address504 Pentagon P – 3 Magarpatta City Hadapsar, Pune, Maharashtra, India – 411028
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Nashik Online 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 Nashik Online is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
Financials of Nashik Online Limited
FY 2023 filings availableNashik Online Limited reported revenue of ₹3.37 Lakh (up 22% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 22% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 68%. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.37 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹10.92 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.55 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -323.8% | ||||
| Net Profit Margin | -223.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Nashik Online Limited, buy the company report.
Board of directors of Nashik Online Limited
Nashik Online has 3 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Gajanan Lokhande | Director | 24 Jul 2021 | 5 Years 3 Months | As last reported |
| Nitin Vasantrao Mehetre Also directs: Sunmoon IT Info Solution and Services Private Limited | Director | 24 Jul 2021 | 5 Years 3 Months | As last reported |
| Sumit Suresh Pohankar Also directs: Sunmoon IT Info Solution and Services Private Limited | Director | 30 Nov 2015 | 10 Years 11 Months | As last reported |
Auditor
Nashik Online Limited is audited by MAHESH GURAV & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHESH GURAV & CO | FY 2020 | 116598W |
Shareholding
The shareholding of Nashik Online Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nashik Online Limited, buy the company report.
Legal cases
Nashik Online Limited has 2 court cases on record: 2 filed by Nashik Online. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Nashik Online 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 Nashik Online Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nashik Online has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCN9583D1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nashik Online Limited, buy the company report.
Recent activity
Nashik Online Limited has 22 board changes on record since 2013: 3 appointments and 19 cessations. The latest: Nitin Gajanan Lokhande ceased to be Additional Director on 30 Nov 2021.
13 earlier events are in the company report.
Frequently asked questions
Nashik Online has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Nashik Online was a public limited company based in Pune, Maharashtra, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 29 March 2012 and is registered under CIN U72900PN2012PLC142788. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Nashik Online was incorporated on 29 March 2012. It is registered with the Registrar of Companies, Pune.
Nashik Online had 3 directors:
- Nitin Gajanan Lokhande - Director
- Nitin Vasantrao Mehetre - Director
- Sumit Suresh Pohankar - Director
The CIN (Corporate Identification Number) of Nashik Online is U72900PN2012PLC142788. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Nashik Online is at 504 Pentagon P – 3 Magarpatta City Hadapsar, Pune, Maharashtra, India – 411028.
The latest financial statements of Nashik Online on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Nashik Online is 27AADCN9583D1Z6, registered in Maharashtra.
Nashik Online operated in the information technology industry, in the IT consulting and support services segment.
Nashik Online has 2 court cases on record: 2 filed by the company.
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