Nearxture Technologies Private Limited
About Nearxture Technologies Private Limited
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Nearxture Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 21 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC124498. Its GSTIN is 29AAGCN5379Q1ZE (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Baby Nagappagari and Ramesh Ramadoss.
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 51 Anjaneya Mansion 2nd Floor Ashwathnagar 3rd Cross Marathalli, Bangalore, Karnataka, India – 560037.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.18 Cr, a growth of 75% compared to the previous year. For the same year it recorded a net profit of ₹53,433 (net margin 0.5%) and EBITDA of ₹81,333 (EBITDA margin 0.7%).
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- Registered Address51 Anjaneya Mansion 2nd Floor Ashwathnagar 3rd Cross Marathalli, Bangalore, Karnataka, India – 560037
- IndustryInformation Technology, Other Computer Related Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Nearxture Technologies Private Limited
The main business activity of Nearxture Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities | 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 Nearxture Technologies Private Limited FY 2024 filings available
Nearxture Technologies Private Limited reported revenue of ₹1.18 Cr (up 75% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Nearxture Technologies Private Limited
Revenue rose 75% in the latest year. EBITDA rose 2% 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 Nearxture Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹81,333 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹53,433 | •••• | •••• | •••• | •••• |
| 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 Nearxture Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.5% | •••• | •••• | •••• | •••• |
| 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 Nearxture Technologies are in the company report.
Financial statements from FY 2020
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 Nearxture Technologies Private Limited
Nearxture Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Baby Nagappagari | Director | 21 May 2019 | 7 Years 4 Months | Current |
| Ramesh Ramadoss | Director | 21 May 2019 | 7 Years 4 Months | Current |
Peer Comparison of Nearxture Technologies Private Limited
Nearxture Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dream ITES Private Limited | ₹1.18 Cr (FY 2025) | •••• | •••• | 90.0% | •••• | Soorappanayaickan Chavadi, Tamil Nadu, India |
| Appeqplus India Private Limited | ₹1.18 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Bangalore, Karnataka, India |
| Assyst Information Technologies Private Limited | ₹1.18 Cr (FY 2022) | •••• | •••• | 97.0% | •••• | Madurai, Tamil Nadu, India |
| Syspro Infotech Private Limited | ₹1.18 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Pune, Maharashtra, India |
| Cyberedge Web Solutions Private Limited | ₹1.18 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Nashik, Maharashtra, India |
| Nearxture Technologies Private Limited this company | ₹1.18 Cr (FY 2024) | •••• | •••• | 75.0% | •••• | Bangalore, Karnataka, India |
| Pradhana Tech Solutions Private Limited | ₹1.18 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Secunderabad, Telangana, India |
| Razorse Software Private Limited | ₹1.18 Cr (FY 2023) | •••• | •••• | 48.0% | •••• | Delhi, India |
| Geeky Nerds Infotech Private Limited | ₹1.18 Cr (FY 2024) | •••• | •••• | 75.0% | •••• | Himatnagar, Gujarat, India |
| Re-Arck Solutions India Private Limited | ₹1.18 Cr (FY 2024) | •••• | •••• | 817.0% | •••• | Thane, Maharashtra, India |
| Priar Web Private Limited | ₹1.18 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Old Nagardas Rd, Andheri-E, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Nearxture Technologies by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Nearxture Technologies 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 Nearxture Technologies Private Limited
Nearxture Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Nearxture Technologies Private Limited
Employment history and EPFO contributions of people linked to Nearxture Technologies.
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 Nearxture Technologies Private Limited
Nearxture Technologies Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Airre Revanthreddy ceased to be Director on 08 Jun 2024.
Credit Ratings, Litigation & Regulatory Alerts for Nearxture Technologies 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 Nearxture Technologies 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 Nearxture Technologies 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 Nearxture Technologies Private Limited
Nearxture Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCN5379Q1ZE | Karnataka | Active | 20 Sep 2019 |
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 Nearxture Technologies 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 Nearxture Technologies Private Limited
Nearxture Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 21 May 2019 (7+ years old) and is registered under CIN U72900KA2019PTC124498.
Nearxture Technologies reported revenue of ₹1.18 Cr for FY 2024 (up 75% YoY).
Nearxture Technologies has 2 current directors:
- Baby Nagappagari - Director
- Ramesh Ramadoss - Director
Nearxture Technologies reported a net profit of ₹53,433 (net margin 0.5%) and EBITDA of ₹81,333 (EBITDA margin 0.7%) for FY 2024, as per its filed financial statements.
The GSTIN of Nearxture Technologies is 29AAGCN5379Q1ZE, registered in Karnataka.
The CIN (Corporate Identification Number) of Nearxture Technologies is U72900KA2019PTC124498. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nearxture Technologies was incorporated on 21 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Nearxture Technologies by revenue are Dream ITES Private Limited, Appeqplus India Private Limited, Assyst Information Technologies Private Limited, Syspro Infotech Private Limited, Cyberedge Web Solutions Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Airre Revanthreddy ceased to be Director on 08 Jun 2024. Baby Nagappagari was appointed as Director on 21 May 2019. Ramesh Ramadoss was appointed as Director on 21 May 2019.
The registered office of Nearxture Technologies is at 51 Anjaneya Mansion 2nd Floor Ashwathnagar 3rd Cross Marathalli, Bangalore, Karnataka, India – 560037.
Nearxture Technologies has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh.