MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-KL-12-0009951
Negocios IT Solutions Private Limited - information technology in Thiruvananthapuram, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹3.5 Cr
▼ 34% YoY
Net profit · FY 2023
₹7.73 Lakh
Net margin 2.2%
EBITDA · FY 2023
₹45.75 Lakh
EBITDA margin 13.1%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹12 Lakh
Issued & subscribed
Open charges
₹2.3 Cr
Secured borrowings
Company age
18 yrs
Est. 2008
Employees · EPFO
12
Provident fund records
About Negocios IT Solutions Private Limited
Data last updated:
Negocios IT Solutions Private Limited is a private limited company based in Thiruvananthapuram, Kerala, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 28 August 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72200KL2008PTC023062. Its GSTIN is 32AACCN8431B1ZZ (Kerala).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹12 Lakh. It is led by directors Praseetha Sasidharan Nair Padmavathy (Managing Director) and Jazeena Muhammed Subaida.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Thiruvananthapuram, Kerala.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.5 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹7.73 Lakh (net margin 2.2%) and EBITDA of ₹45.75 Lakh (EBITDA margin 13.1%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 7% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Negocios IT Solutions. As per MCA filings, the company has open charges of ₹2.3 Cr on record.
Negocios IT Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-12-0009951). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website negociosit.com.
Company details
CIN U72200KL2008PTC023062
Registration Number 023062
Incorporation Date 28 August 2008
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KL-12-0009951
Recognitions & Rankings of Negocios IT Solutions
Contact details
Negocios IT Solutions Private Limited's registered office is in Thiruvananthapuram, Kerala. Its website is negociosit.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressTc 14/419 – 4 (New Tc 95/467) Deepam Residence Poonthy Road Kumarapu, Ram, Thiruvananthapuram, Kerala, India – 695011
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Negocios IT Solutions Private Limited, buy the company report.
Comprehensive company report
Negocios IT Solutions 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
Negocios IT Solutions operates one associated brand: Negocios IT Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IT solutions, web development, mobile apps, consulting, and HR services worldwide. | negociosit.com |
Business activity
The main business activity of Negocios IT Solutions 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 |
To see the full business activity and turnover split of Negocios IT Solutions Private Limited, buy the company report.
Financials of Negocios IT Solutions Private Limited
FY 2023 filings availableNegocios IT Solutions Private Limited reported revenue of ₹3.5 Cr (down 34% YoY) for FY 2023.
Revenue · FY 2023
₹3.5 Cr ▼ 34%
Net profit · FY 2023
₹7.73 Lakh margin 2.2%
EBITDA · FY 2023
₹45.75 Lakh margin 13.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 34%
3 years · compounded
▼ 25%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▼ 65%
3 years · compounded
▼ 28%
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 34% fall in the latest year. EBITDA fell 65% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Expenses | |||||
| EBITDA | ₹45.75 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.73 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.1% | ||||
| Net Profit Margin | 2.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Negocios IT Solutions Private Limited, buy the company report.
Board of directors of Negocios IT Solutions Private Limited
Negocios IT Solutions has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praseetha Sasidharan Nair Padmavathy | Managing Director | 21 Jul 2015 | 11 Years 3 Months | Current |
| Jazeena Muhammed Subaida Also directs: Hirenomix Infosolutions Private Limited | Director | 01 Feb 2019 | 7 Years 8 Months | Current |
Peer comparison
Negocios IT Solutions Private Limited is compared with the 6 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kavi Software Technologies Private Limited | ₹3.51 Cr (FY 2023) | 276.0% | Chennai, Tamil Nadu, India | |||
| Techsmith Software Private Limited | ₹3.51 Cr (FY 2025) | -17.0% | Ernakulam, Kerala, India | |||
| Arsipl Technologies Private Limited | ₹3.51 Cr (FY 2025) | 1116.0% | Pune, Maharashtra, India | |||
| Reve Systems India Private Limited | ₹3.5 Cr (FY 2025) | -31.0% | New Delhi, Delhi, India | |||
| Negocios IT Solutions Private Limitedthis company | ₹3.5 Cr (FY 2023) | ₹7.73 Lakh | 2.2% | -34.0% | 12 | Thiruvananthapuram, Kerala, India |
| Codeart Consulting Services Private Limited | ₹3.5 Cr (FY 2024) | 169.0% | Hyderabad, Telangana, India | |||
| Xeloria Business Services Private Limited | ₹3.5 Cr (FY 2024) | 69.0% | Delhi, India |
To see the full peer comparison of Negocios IT Solutions Private Limited, buy the company report.
Auditor
Negocios IT Solutions Private Limited is audited by KRISHNAKUMAR & ARUN for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KRISHNAKUMAR & ARUN | FY 2019 | 015500S |
Shareholding
The shareholding of Negocios IT Solutions Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | 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 Negocios IT Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.3 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 2019 | 100253942 | State Bank of India | ₹2.3 Cr | Open |
To see the full charge records of Negocios IT Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Negocios 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 Negocios IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Negocios IT Solutions Private Limited has a workforce of 12 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
12
Active EPFO establishments
1
Employee growth
-45.45%
GST
Negocios IT Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AACCN8431B1ZZ | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Negocios IT Solutions Private Limited, buy the company report.
Recent activity
Negocios IT Solutions Private Limited has 9 board changes on record since 2015: 2 appointments and 7 cessations. The latest: Jazeena Muhammed Subaida ceased to be Additional Director on 30 Sep 2019.
AGM
Negocios It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Charges
A charge with State Bank Of India of Rs. 230.00 Lakh registered on 20 Mar 2019 with Charge ID 100253942 was modified on 01 Aug 2023.
Filing
Negocios It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.
Ceased
Jazeena Muhammed Subaida ceased to be Additional Director.
Charges
A charge with State Bank Of India amounted to Rs. 230.00 Lakh with Charge ID 100253942 was registered on 20 Mar 2019.
Appointed
Jazeena Muhammed Subaida was appointed as Director.
Ceased
Ashith Vahab ceased to be Director.
Ceased
Prasob Prabhakaran Asoka ceased to be Director.
Ceased
Shinu Abdul Karim ceased to be Director.
Ceased
Subin Babu ceased to be Director.
Ceased
Aneesh Anila Vijendran ceased to be Additional Director.
Ceased
Praseetha Sasidharan Nair Padmavathy ceased to be Additional Director.
2 earlier events are in the company report.
Frequently asked questions
Negocios IT Solutions is an active private limited company based in Thiruvananthapuram, Kerala, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 28 August 2008 (18+ years old) and is registered under CIN U72200KL2008PTC023062.
Negocios IT Solutions has 2 current directors:
- Praseetha Sasidharan Nair Padmavathy - Managing Director
- Jazeena Muhammed Subaida - Director
The latest financial statements of Negocios IT Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Negocios IT Solutions is 32AACCN8431B1ZZ, registered in Kerala.
The CIN (Corporate Identification Number) of Negocios IT Solutions is U72200KL2008PTC023062. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Negocios IT Solutions was incorporated on 28 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Negocios IT Solutions by revenue are Kavi Software Technologies Private Limited, Techsmith Software Private Limited, Arsipl Technologies Private Limited, Reve Systems India Private Limited, Codeart Consulting Services Private Limited and 1 more, all in the same principal business activity (computer programming, consultancy and related activities).
Jazeena Muhammed Subaida ceased to be Additional Director on 30 Sep 2019. Jazeena Muhammed Subaida was appointed as Director on 01 Feb 2019. Ashith Vahab ceased to be Director on 29 Dec 2018. Negocios IT Solutions has 9 board changes on record in total.
Yes, Negocios IT Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-KL-12-0009951).
Negocios IT Solutions can be reached through the website negociosit.com. Its registered office is in Thiruvananthapuram, Kerala, India.
The registered office of Negocios IT Solutions is at Tc 14419 – 4 New Tc 95467 Deepam Residence Poonthy Road Kumarapu, Ram, Thiruvananthapuram, Kerala, India – 695011.
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