
About Nestcode Infotech Private Limited
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Nestcode Infotech Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the computer programming segment of the technology and IT services sector. It was incorporated on 31 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2016PTC094271. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hardik Jayantibhai Zadafiya and Kalpesh Valjibhai Lakhani.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 346 Polaris Commercial Mall Opp. Bhaiyaji Nagar Junction Brts – Canal Road Punagam, Surat, Gujarat, India – 395010.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.75 Lakh, a decline of 82% compared to the previous year. For the same year it recorded a net profit of ₹1.58 Lakh (net margin 57.3%) and EBITDA of ₹2.58 Lakh (EBITDA margin 93.8%).
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nestcodeinfo.com.
Company details
Contact details
Nestcode Infotech Private Limited's registered office is in Surat, Gujarat. Its website is nestcodeinfo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address346 Polaris Commercial Mall Opp. Bhaiyaji Nagar Junction Brts – Canal Road Punagam, Surat, Gujarat, India – 395010
- IndustryInformation Technology, Computer Programming, Consultancy
To see the full contact details of Nestcode Infotech 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
Business activity
The main business activity of Nestcode Infotech is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Nestcode Infotech Private Limited, buy the company report.
Financials of Nestcode Infotech Private Limited
FY 2020 filings availableNestcode Infotech Private Limited reported revenue of ₹2.75 Lakh (down 82% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 82% in the latest year. EBITDA rose 124% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹2.75 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹2.58 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.58 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
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| Trade Payables | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 93.8% | |||
| Net Profit Margin | 57.3% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
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| Receivable Days | ||||
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| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Nestcode Infotech Private Limited, buy the company report.
Board of directors of Nestcode Infotech Private Limited
Nestcode Infotech has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hardik Jayantibhai Zadafiya | Director | 31 Oct 2016 | 10 Years 0 Months | Current |
| Kalpesh Valjibhai Lakhani | Director | 31 Oct 2016 | 10 Years 0 Months | Current |
Peer comparison
Nestcode Infotech Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Matchday AI Technologies Private Limited | ₹2.78 Lakh (FY 2024) | -44.0% | Hyderabad, Telangana, India | |||
| Richpal Data Processing Private Limited | ₹2.78 Lakh (FY 2019) | 7.0% | Purulia, West Bengal, India | |||
| Answer Infotech Private Limited | ₹2.77 Lakh (FY 2024) | 61.0% | Ahmedabad, Gujarat, India | |||
| Alturge Infotech Private Limited | ₹2.77 Lakh (FY 2020) | -85.0% | Mohali, Punjab, India | |||
| Excelogram Foundation | ₹2.75 Lakh (FY 2024) | -33.0% | Kanchipuram, Chennai, Tamil Nadu, India | |||
| Nestcode Infotech Private Limitedthis company | ₹2.75 Lakh (FY 2020) | ₹1.58 Lakh | 57.3% | -82.0% | Surat, Gujarat, India | |
| Foonix Technologies Private Limited | ₹2.75 Lakh (FY 2022) | 7.0% | Tuticorin, Tamil Nadu, India | |||
| Vismaya Social Innovations Private Limited | ₹2.75 Lakh (FY 2020) | 18.0% | Bangalore, Karnataka, India | |||
| Crasc Technologies Private Limited | ₹2.75 Lakh (FY 2024) | -54.0% | Hyderabad, Telangana, India | |||
| Venktas Enigma Private Limited | ₹2.74 Lakh (FY 2021) | Chennai, Tamil Nadu, India | ||||
| Rocketalgo Analytics Private Limited | ₹2.73 Lakh (FY 2024) | -48.0% | Buldhana, Maharashtra, India |
To see the full peer comparison of Nestcode Infotech Private Limited, buy the company report.
Auditor
Nestcode Infotech Private Limited is audited by Vaghani & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vaghani & Associates | FY 2017 | 141995W |
Shareholding
The shareholding of Nestcode Infotech Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Nestcode Infotech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nestcode Infotech 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 Nestcode Infotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nestcode Infotech has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Nestcode Infotech Private Limited, buy the company report.
Recent activity
Nestcode Infotech Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Hardik Jayantibhai Zadafiya was appointed as Director on 31 Oct 2016.
Frequently asked questions
Nestcode Infotech is an active private limited company based in Surat, Gujarat, India. The company works in computer programming, within the information technology industry. It was incorporated on 31 October 2016 (10+ years old) and is registered under CIN U72900GJ2016PTC094271.
Nestcode Infotech has 2 current directors:
- Hardik Jayantibhai Zadafiya - Director
- Kalpesh Valjibhai Lakhani - Director
The latest financial statements of Nestcode Infotech on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2017 are in the company report.
No. Nestcode Infotech has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Nestcode Infotech is U72900GJ2016PTC094271. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nestcode Infotech was incorporated on 31 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Nestcode Infotech by revenue are Matchday AI Technologies Private Limited, Richpal Data Processing Private Limited, Answer Infotech Private Limited, Alturge Infotech Private Limited, Excelogram Foundation and 5 more, all in the same principal business activity (data processing, hosting and related activities; web portal).
Hardik Jayantibhai Zadafiya was appointed as Director on 31 Oct 2016. Kalpesh Valjibhai Lakhani was appointed as Director on 31 Oct 2016.
Nestcode Infotech can be reached through the website nestcodeinfo.com. Its registered office is in Surat, Gujarat, India.
The registered office of Nestcode Infotech is at 346 Polaris Commercial Mall Opp. Bhaiyaji Nagar Junction Brts – Canal Road Punagam, Surat, Gujarat, India – 395010.
Nestcode Infotech operates in the information technology industry, in the computer programming segment.

