Naxeva Technology Private Limited

Naxeva Technology Private Limited - information technology in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2020PTC137771 Incorporated 27 August 2020 ROC Bangalore HQ Bengaluru, Karnataka, India
Active Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2024
₹19.77 Lakh
▼ 62% YoY
Net loss · FY 2024
₹15.35 Lakh
Net margin -77.6%
EBITDA · FY 2024
₹53,759
EBITDA margin 2.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
3
Provident fund records
Directors on board
3
As per MCA filings

About Naxeva Technology Private Limited

Data last updated:

Naxeva Technology Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 27 August 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020PTC137771. Its GSTIN is 29AAHCN1225A1ZX (Karnataka).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Bangalore Ashwathanarayana Murthy Tejashree and Vincent Walter Dsouza.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bengaluru, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹19.77 Lakh, a decline of 62% compared to the previous year. For the same year it recorded a net loss of ₹15.35 Lakh (net margin -77.6%) and EBITDA of ₹53,759 (EBITDA margin 2.7%).

The company has about 3 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Naxeva.

Naxeva Technology Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0027807). For more details, the company can be reached via its website naxevatech.com.

Company details

CIN U72900KA2020PTC137771
Registration Number 137771
Incorporation Date 27 August 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0027807

Recognitions & Rankings of Naxeva Technology

MSME (Udyam registered) Ministry of MSME
Category
Micro (2020-21)
Udyam number
UDYAM-KR-03-0027807

Contact details

Naxeva Technology Private Limited's registered office is in Bengaluru, Karnataka. Its website is naxevatech.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    No 874 Raineo House 2nd Floor Modi Hospital Road Basaveshw, Arnagar, Bengaluru, Karnataka, India – 560079
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Naxeva Technology Private Limited, buy the company report.

Comprehensive company report
Naxeva Technology Private Limited - one report that includes everything
  • 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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Brands

Naxeva Technology operates one associated brand: Naxeva. Each brand links to its own profile.

BrandDescriptionWebsite
Offers bespoke software solutions and digital consulting for businesses worldwide.naxevatech.com

Business activity

The main business activity of Naxeva Technology is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Naxeva Technology Private Limited, buy the company report.

Financials of Naxeva Technology Private Limited

FY 2024 filings available

Naxeva Technology Private Limited reported revenue of ₹19.77 Lakh (down 62% YoY) for FY 2024.

Revenue · FY 2024
₹19.77 Lakh ▼ 62%
Net loss · FY 2024
₹15.35 Lakh margin -77.6%
EBITDA · FY 2024
₹53,759 margin 2.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 62%
EBITDA CAGR growth
1 year
▲ 105%
3 years · compounded
▲ 41%

Revenue fell 62% in the latest year. EBITDA rose 105% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹53,759
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹15.35 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin2.7%
Net Profit Margin-77.6%
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 Naxeva Technology Private Limited, buy the company report.

Board of directors of Naxeva Technology Private Limited

Naxeva Technology has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Bangalore Ashwathanarayana Murthy TejashreeDirector27 Aug 20206 Years 1 MonthsCurrent
Vincent Walter DsouzaDirector27 Aug 20206 Years 1 MonthsCurrent
Vijaya Kumar NanjundappaDirector27 Aug 20206 Years 1 MonthsCurrent

Peer comparison

Naxeva Technology Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Mava Technologies Private Limited₹19.78 Lakh (FY 2025)-1.0%Bangalore, Karnataka, India
Mindorphin Private Limited₹19.78 Lakh (FY 2025)552.0%Mumbai, Maharashtra, India
Wiiz Business Solutions Private Limited₹19.78 Lakh (FY 2025)-9.0%Thiruvananthapuram, Kerala, India
Harmans Software Solutions Private Limited₹19.78 Lakh (FY 2024)56.0%Mohali, Punjab, India
Code World Infotech Private Limited₹19.78 Lakh (FY 2024)1242.0%North Solapur, Maharashtra, India
Naxeva Technology Private Limitedthis company₹19.77 Lakh (FY 2024)-₹15.35 Lakh-77.6%-62.0%3Bengaluru, Karnataka, India
Vantage Netservices Private Limited₹19.76 Lakh (FY 2020)30.0%Lucknow, Uttar Pradesh, India
Dotserp India Private Limited₹19.76 Lakh (FY 2024)-62.0%Kozhikode, Kerala, India
Technotron Infosys Private Limited₹19.76 Lakh (FY 2023)-7.0%Thakurnagar, West Bengal, India

To see the full peer comparison of Naxeva Technology Private Limited, buy the company report.

Auditor

Naxeva Technology Private Limited is audited by P M ANANDA & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
P M ANANDA & COFY 2023009050S

Shareholding

The shareholding of Naxeva Technology Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Naxeva Technology Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Naxeva Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Naxeva Technology Private Limited has a workforce of 3 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
3
Active EPFO establishments
1
Employee growth
-40%

GST

Naxeva Technology has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAHCN1225A1ZXKarnatakaActive05 Nov 2020

To see the full GST registrations and return filing status of Naxeva Technology Private Limited, buy the company report.

Recent activity

Naxeva Technology Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Bangalore Ashwathanarayana Murthy Tejashree was appointed as Director on 27 Aug 2020.

AGM
Naxeva Technology Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Naxeva Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Appointed
Vijaya Kumar Nanjundappa was appointed as Director.
Appointed
Vincent Walter Dsouza was appointed as Director.
Incorporation
27 Aug 2020
Naxeva Technology Private Limited was registered on 27 Aug 2020 with Roc Bangalore & aged 6 years 2 months as per MCA records.

Frequently asked questions

Naxeva Technology is an active private limited company based in Bengaluru, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 27 August 2020 (6+ years old) and is registered under CIN U72900KA2020PTC137771.

Naxeva Technology has 3 current directors:

The latest financial statements of Naxeva Technology on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.

The GSTIN of Naxeva Technology is 29AAHCN1225A1ZX, registered in Karnataka.

The CIN (Corporate Identification Number) of Naxeva Technology is U72900KA2020PTC137771. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Naxeva Technology was incorporated on 27 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Naxeva Technology by revenue are Mava Technologies Private Limited, Mindorphin Private Limited, Wiiz Business Solutions Private Limited, Harmans Software Solutions Private Limited, Code World Infotech Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).

Bangalore Ashwathanarayana Murthy Tejashree was appointed as Director on 27 Aug 2020. Vijaya Kumar Nanjundappa was appointed as Director on 27 Aug 2020. Vincent Walter Dsouza was appointed as Director on 27 Aug 2020.

Yes, Naxeva Technology is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0027807).

Naxeva Technology can be reached through the website naxevatech.com. Its registered office is in Bengaluru, Karnataka, India.

The registered office of Naxeva Technology is at No 874 Raineo House 2nd Floor Modi Hospital Road Basaveshw, Arnagar, Bengaluru, Karnataka, India – 560079.