About Ness Digital Engineering Enterprises (India) Private Limited
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Ness Digital Engineering Enterprises (India) Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Ness Digital Engineering (India) Private Limited. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 28 June 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2007PTC130397. Its GSTIN is 27AACCN6877F1Z4 (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹9 Lakh. It was formerly known as Niyuj Enterprise Software Solutions Private Limited. It is led by directors Valentino Joseph Fernandes and Ketan Jayant Karia.
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 Malpani Agile 12th Floor Office 2 Banner Road, Pan Card Club Road Pune, Maharashtra, India – 411045.
As per the financials filed for FY 2024, the company reported a revenue of ₹41.75 Cr, a decline of 42% compared to the previous year. For the same year it recorded a net profit of ₹55.88 Lakh (net margin 1.3%) and EBITDA of ₹1.43 Cr (EBITDA margin 3.4%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 11% over five years.
The company has about 185 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Niyuj and Ness Digital Engineering. As per MCA filings, the company has satisfied charges of ₹6.32 Cr on record. The company has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in January 2022. Its 3 peer companies in the Information Technology industry (Application Development, Software Services), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 2 larger and 1 smaller; the largest is Bitcomm Technologies Private Limited with revenue of ₹41.96 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ness.com.
Company details
Contact details
Ness Digital Engineering Enterprises (India) Private Limited's registered office is in Pune, Maharashtra. Its website is ness.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressMalpani Agile 12th Floor Office 2 Banner Road, Pan Card Club Road Pune, Maharashtra, India – 411045
- IndustryInformation Technology, Software Development & Support Services, Application Development & Software Solutions
To see the full contact details of Ness Digital Engineering Enterprises (India) Private 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
Brands
Ness Digital Engineering Enterprises (India) operates two associated brands: Niyuj and Ness Digital Engineering. Each brand links to its own profile.
Business activity
The main business activity of Ness Digital Engineering Enterprises (India) 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 Ness Digital Engineering Enterprises (India) Private Limited, buy the company report.
Financials of Ness Digital Engineering Enterprises (India) Private Limited
FY 2024 filings availableNess Digital Engineering Enterprises (India) Private Limited reported revenue of ₹41.75 Cr (down 42% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 42% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA rose 116% 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
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| EBITDA | ₹1.43 Cr | ||||
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| Net Profit (PAT) | ₹55.88 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 3.4% | ||||
| Net Profit Margin | 1.3% | ||||
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To see the full financial statements and ratios of Ness Digital Engineering Enterprises (India) Private Limited, buy the company report.
Board of directors of Ness Digital Engineering Enterprises (India) Private Limited
Ness Digital Engineering Enterprises (India) has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Valentino Joseph Fernandes | Director | 10 Jan 2022 | 4 Years 9 Months | Current |
| Ketan Jayant Karia | Director | 30 Jan 2024 | 2 Years 8 Months | Current |
Peer comparison
Ness Digital Engineering Enterprises (India) Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Application Development, Software Services), with 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 |
|---|---|---|---|---|---|---|
| Bitcomm Technologies Private Limited | ₹41.96 Cr (FY 2024) | 51.0% | Delhi, India | |||
| Gujarat Infotech Limited | ₹41.84 Cr (FY 2025) | 11.0% | Ahmedabad, Gujarat, India | |||
| Ness Digital Engineering Enterprises (India) Private Limitedthis company | ₹41.75 Cr (FY 2024) | ₹55.88 Lakh | 1.3% | -42.0% | 185 | Pune, Maharashtra, India |
| Ids Next Business Solutions Private Limited | ₹41.66 Cr (FY 2024) | -24.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Ness Digital Engineering Enterprises (India) Private Limited, buy the company report.
Auditor
Ness Digital Engineering Enterprises (India) Private Limited is audited by MS K A & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MS K A & Associates | FY 2023 | 105047W |
Shareholding
The shareholding of Ness Digital Engineering Enterprises (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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To see the full shareholding pattern of Ness Digital Engineering Enterprises (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jul 2017 | 100125202 | Hdfc Bank Limited | ₹2.82 Cr | Satisfied | |
| 31 Mar 2015 | 10564895 | Canara Bank Model Colony Branch Pune | ₹3.5 Cr | Satisfied |
To see the full charge records of Ness Digital Engineering Enterprises (India) Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Ness Digital Engineering Enterprises (India) Private Limited has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in January 2022.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2022 | Secondary share transfer | Undisclosed | Buyer: Ness Digital Engineering (India) Private Limited , Ness Digital Engineering India Private Limited & Prabir Kumar Ghoushal Seller: 2 individuals |
| May 2017 | Rights issue | ₹8 Lakh | Investors: 2 individuals |
| Dec 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2010 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Ness Digital Engineering Enterprises (India) 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 Ness Digital Engineering Enterprises (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ness Digital Engineering Enterprises (India) Private Limited has a workforce of 185 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Ness Digital Engineering Enterprises (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN6877F1Z4 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ness Digital Engineering Enterprises (India) Private Limited, buy the company report.
Recent activity
Ness Digital Engineering Enterprises (India) Private Limited has 9 board changes on record since 2012: 2 appointments and 7 cessations. The latest: Ketan Jayant Karia ceased to be Additional Director on 29 Sep 2024.
4 earlier events are in the company report.
News
Frequently asked questions
Ness Digital Engineering Enterprises (India) is an active private limited company based in Pune, Maharashtra, India. The company works in software development and support services, within the information technology industry. It was incorporated on 28 June 2007 (19+ years old) and is registered under CIN U72900PN2007PTC130397.
Ness Digital Engineering Enterprises (India) has 2 current directors:
- Valentino Joseph Fernandes - Director
- Ketan Jayant Karia - Director
The latest financial statements of Ness Digital Engineering Enterprises (India) 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 2015 are in the company report.
The GSTIN of Ness Digital Engineering Enterprises (India) is 27AACCN6877F1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ness Digital Engineering Enterprises (India) is U72900PN2007PTC130397. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ness Digital Engineering Enterprises (India) was incorporated on 28 June 2007, making it 19+ years old. It is registered with the Registrar of Companies, Pune.
Ness Digital Engineering Enterprises (India) has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in January 2022.
The peers of Ness Digital Engineering Enterprises (India) by revenue are Bitcomm Technologies Private Limited, Gujarat Infotech Limited, Ids Next Business Solutions Private Limited, all in the Information Technology industry (Application Development, Software Services), with the same principal business activity (computer programming, consultancy and related activities).
Ketan Jayant Karia ceased to be Additional Director on 29 Sep 2024. Avinash Vishwanath Shenoi ceased to be Director on 31 Jan 2024. Ketan Jayant Karia was appointed as Director on 30 Jan 2024. Ness Digital Engineering Enterprises (India) has 9 board changes on record in total.
Ness Digital Engineering Enterprises (India) can be reached through the website ness.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Ness Digital Engineering Enterprises (India) is at Malpani Agile 12th Floor Office 2 Banner Road, Pan Card Club Road Pune, Maharashtra, India – 411045.