MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0066998
Nevansh Business Support Services Private Limited
Nevansh Business Support Services Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹168.94 Cr
▲ 3637% YoY
Net profit · FY 2023
₹2.87 Cr
Net margin 1.7%
EBITDA · FY 2023
₹3.84 Cr
EBITDA margin 2.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Nevansh Business Support Services Private Limited
Data last updated:
Nevansh Business Support Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the general insurance providers segment of the financial services sector. It was incorporated on 02 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC301391. Its GSTIN is 27AAFCN8256K1ZX (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Bipin Kantilal Shah and Amit Vishwasrao Gaikwad.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹168.94 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.87 Cr (net margin 1.7%) and EBITDA of ₹3.84 Cr (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 232% over three years and 466% over five years.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Nevansh Business Support Services Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0066998). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74999MH2017PTC301391
Registration Number 301391
Incorporation Date 02 November 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0066998
Key People
Bipin Kantilal Shah Director Amit Vishwasrao Gaikwad Director Vineet Kumar Singh Director Recognitions & Rankings of Nevansh Business Support Services
Contact details
Nevansh Business Support Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address7 Thfloor 708A Wing Jaswanti Allied Business Centre Ramchandra Lane Extn Next To Hotel Khwai, Sh, Mumbai, Maharashtra, India – 400064
- IndustryFinancial Services, General Insurance Providers
To see the full contact details of Nevansh Business Support Services Private Limited, buy the company report.
Comprehensive company report
Nevansh Business Support Services 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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Business activity
The main business activity of Nevansh Business Support Services is financial and insurance service. In detail, this covers life/non-life insurance and reinsurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K3 | Life/Non-life Insurance and Reinsurance activities |
To see the full business activity and turnover split of Nevansh Business Support Services Private Limited, buy the company report.
Financials of Nevansh Business Support Services Private Limited
FY 2023 filings availableNevansh Business Support Services Private Limited reported revenue of ₹168.94 Cr (up 3637% YoY) for FY 2023.
Revenue · FY 2023
₹168.94 Cr ▲ 3637%
Net profit · FY 2023
₹2.87 Cr margin 1.7%
EBITDA · FY 2023
₹3.84 Cr margin 2.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 232%
5 years · compounded
▲ 466%
EBITDA CAGR growth
3 years · compounded
▲ 131%
5 years · compounded
▲ 176%
Revenue has grown at a compounded annual rate (CAGR) of 466% over five years. 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 | ₹3.84 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.87 Cr | ||||
| 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 | 2.3% | ||||
| Net Profit Margin | 1.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Nevansh Business Support Services Private Limited, buy the company report.
Board of directors of Nevansh Business Support Services Private Limited
Nevansh Business Support Services has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bipin Kantilal Shah Also directs: Magnus Constrowell Private Limited, Royce Auto Hub Private Limited, Hem Motor Division Private Limited and 1 more | Director | 20 Sep 2022 | 4 Years 1 Months | Current |
| Amit Vishwasrao Gaikwad | Director | 20 Sep 2022 | 4 Years 1 Months | Current |
| Vineet Kumar Singh Also directs: Superaliensco Technologies India LLP, Jakovi Motors Private Limited, Visvadipti Trademax Private Limited and 2 more | Director | 02 Nov 2017 | 9 Years 0 Months | Current |
Peer comparison
Nevansh Business Support Services Private Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (General Insurance), with the same principal business activity (life/non-life insurance and reinsurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sbi General Insurance Company Limited | ₹333.51 Cr (FY 2024) | -6.0% | Mumbai, Maharashtra, India | |||
| Universal Sompo General Insurance Company Limited | ₹316.7 Cr (FY 2025) | 0.0% | Mumbai, Maharashtra, India | |||
| Generali Central Insurance Company Limited | ₹242.49 Cr (FY 2024) | -28.0% | Mumbai, Maharashtra, India | |||
| Generali Central Life Insurance Company Limited | ₹242.49 Cr (FY 2024) | -28.0% | Mumbai, Maharashtra, India | |||
| Nevansh Business Support Services Private Limitedthis company | ₹168.94 Cr (FY 2023) | ₹2.87 Cr | 1.7% | 3637.0% | Mumbai, Maharashtra, India | |
| Pramerica Life Insurance Limited | ₹154.09 Cr (FY 2024) | 41.0% | Gurgaon, Haryana, India | |||
| Muthoot Risk Insurance and Broking Services Private Limited | ₹108.26 Cr (FY 2025) | 38.0% | Jayanagar, Karnataka, India |
To see the full peer comparison of Nevansh Business Support Services Private Limited, buy the company report.
Auditor
Nevansh Business Support Services Private Limited is audited by PARTH DESAI & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARTH DESAI & ASSOCIATES | FY 2021 | 129385W |
Shareholding
The shareholding of Nevansh Business Support Services Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Nevansh Business Support Services Private Limited, buy the company report.
Legal cases
Nevansh Business Support Services Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (S W) | Filed against the company by Income Tax Through Mahesh Kumar S Chadaga | Pending |
To see the full case history of Nevansh Business Support Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nevansh Business Support Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nevansh Business Support Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCN8256K1ZX | Maharashtra | Active | 04 Jun 2018 |
To see the full GST registrations and return filing status of Nevansh Business Support Services Private Limited, buy the company report.
Recent activity
Nevansh Business Support Services Private Limited has 9 board changes on record since 2017: 3 appointments and 6 cessations. The latest: Amit Vishwasrao Gaikwad ceased to be Additional Director on 29 Sep 2023.
AGM
Nevansh Business Support Services Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Ceased
Amit Vishwasrao Gaikwad ceased to be Additional Director.
Ceased
Bipin Kantilal Shah ceased to be Additional Director.
Filing
Nevansh Business Support Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Ceased
Kavita Vipul Shah ceased to be Director.
Ceased
Krupali Chirag Mehta ceased to be Director.
Ceased
Mamta Bipin Shah ceased to be Director.
Ceased
Neepa Hemant Shah ceased to be Director.
Appointed
Amit Vishwasrao Gaikwad was appointed as Director.
Appointed
Bipin Kantilal Shah was appointed as Director.
Appointed
Vineet Kumar Singh was appointed as Director.
Incorporation
02 Nov 2017
Nevansh Business Support Services Private Limited was registered on 02 Nov 2017 with Roc Mumbai & aged 9 years 11 days as per MCA records.
Frequently asked questions
Nevansh Business Support Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in general insurance providers, within the financial services industry. It was incorporated on 02 November 2017 (9+ years old) and is registered under CIN U74999MH2017PTC301391.
Nevansh Business Support Services has 3 current directors:
- Bipin Kantilal Shah - Director
- Amit Vishwasrao Gaikwad - Director
- Vineet Kumar Singh - Director
The latest financial statements of Nevansh Business Support Services 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 FY 2018 are in the company report.
The GSTIN of Nevansh Business Support Services is 27AAFCN8256K1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nevansh Business Support Services is U74999MH2017PTC301391. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nevansh Business Support Services has 1 court case on record: 1 filed against it. 1 is pending.
Nevansh Business Support Services was incorporated on 02 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Nevansh Business Support Services by revenue are Sbi General Insurance Company Limited, Universal Sompo General Insurance Company Limited, Generali Central Insurance Company Limited, Generali Central Life Insurance Company Limited, Pramerica Life Insurance Limited and 1 more, all in the BFSI industry (General Insurance), with the same principal business activity (life/non-life insurance and reinsurance activities).
Amit Vishwasrao Gaikwad ceased to be Additional Director on 29 Sep 2023. Bipin Kantilal Shah ceased to be Additional Director on 29 Sep 2023. Kavita Vipul Shah ceased to be Director on 29 Sep 2022. Nevansh Business Support Services has 9 board changes on record in total.
Yes, Nevansh Business Support Services is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0066998).
The registered office of Nevansh Business Support Services is at 7 Thfloor 708A Wing Jaswanti Allied Business Centre Ramchandra Lane Extn Next To Hotel Khwai, Sh, Mumbai, Maharashtra, India – 400064.
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