About Nevolearn Solutions Private Limited
Data last updated:
Nevolearn Solutions Private Limited is a private limited company based in Bangalore South, Karnataka, India. It operates in the corporate training and development segment of the education sector. It was incorporated on 03 October 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2013PTC071275. Its GSTIN is 29AAMCA0986E3ZD (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Allsys Software Services Private Limited. It is led by directors including Venkatesha Manjunath and Mohammed Vaseem.
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 Bangalore South, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹76,033, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹20.48 Lakh and EBITDA of -₹9.33 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 64% over three years and 56% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website allsysservices.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo 94 1st Floor, R V Road Basavanagudi, Bangalore South, Karnataka, India – 560004
- IndustryEducation, Corporate Training & Development
- 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 Nevolearn Solutions Private Limited
The main business activity of Nevolearn Solutions 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 | J6 | 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 Nevolearn Solutions Private Limited FY 2024 filings available
Nevolearn Solutions Private Limited reported revenue of ₹76,033 (down 98% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Nevolearn Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 56% over five years, including a 98% fall in the latest year. EBITDA fell 386% 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 Nevolearn Solutions 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 | -₹9.33 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹20.48 Lakh | •••• | •••• | •••• | •••• |
| 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 Nevolearn Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Nevolearn Solutions are in the company report.
Financial statements from 2015
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.
Peer Comparison of Nevolearn Solutions Private Limited
Nevolearn Solutions Private Limited is compared with the companies closest to it by revenue in the Education industry (Corporate and Commercial Training). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| JTC India Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Campus Engineerhub Private Limited | •••• | •••• | •••• | •••• | - | Varanasi, Uttar Pradesh, India |
| Bhrtya Automation Private Limited | •••• | •••• | •••• | •••• | - | Kadur, Karnataka, India |
| Iiiem Global Training Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| KG Global Unique Learning Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Nevolearn Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
| Aspire Human Development Private Limited | •••• | •••• | •••• | •••• | - | Akola, Maharashtra, India |
| Anviton Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Aimbig Business Private Limited | •••• | •••• | •••• | •••• | - | Patna, Bihar, India |
| Sunshine-Epic Learning & Development Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Mossad Marine Services Private Limited | •••• | •••• | •••• | •••• | - | Navimumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Nevolearn Solutions by revenue in the Education industry (Corporate and Commercial Training), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Nevolearn Solutions Private Limited
Nevolearn Solutions Private Limited is audited by P B CHANDRA MOHAN for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P B CHANDRA MOHAN | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Nevolearn Solutions Private Limited
Nevolearn Solutions has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatesha Manjunath Also directs: Nevolearn Global Private Limited | Director | 24 Oct 2023 | 2 Years 11 Months | Current |
| Mohammed Vaseem Also directs: Nevolearn Global Private Limited | Director | 20 Aug 2024 | 2 Years 1 Months | Current |
| Yellampally Manikanta Also directs: Nevolearn Global Private Limited | Director | 03 Oct 2013 | 13 Years 0 Months | Current |
Ownership and Shareholding of Nevolearn Solutions 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 Nevolearn Solutions Private Limited
Nevolearn Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Nevolearn Solutions Private Limited
Employment history and EPFO contributions of people linked to Nevolearn Solutions.
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 Nevolearn Solutions Private Limited
Nevolearn Solutions Private Limited has 5 board changes on record since 2013: 3 appointments and 2 cessations. The latest: Mohammed Vaseem was appointed as Director on 20 Aug 2024.
Credit Ratings, Litigation & Regulatory Alerts for Nevolearn Solutions 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 Nevolearn Solutions 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 Nevolearn Solutions 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 Nevolearn Solutions Private Limited
Nevolearn Solutions has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCA0986E3ZD | Karnataka | Active | 11 Jan 2024 |
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 Nevolearn Solutions 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 Nevolearn Solutions Private Limited
Nevolearn Solutions is an active private limited company based in Bangalore South, Karnataka, India. The company works in corporate training and development, within the education industry. It was incorporated on 03 October 2013 (13+ years old) and is registered under CIN U72900KA2013PTC071275.
Nevolearn Solutions reported revenue of ₹76,033 for FY 2024 (down 98% YoY).
Nevolearn Solutions has 3 current directors:
- Venkatesha Manjunath - Director
- Mohammed Vaseem - Director
- Yellampally Manikanta - Director
Nevolearn Solutions reported a net loss of ₹20.48 Lakh and EBITDA of -₹9.33 Lakh for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nevolearn Solutions is -64% over three years and -56% over five years. In the latest year (FY 2024) revenue fell 98%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nevolearn Solutions is 29AAMCA0986E3ZD, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Nevolearn Solutions is U72900KA2013PTC071275. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nevolearn Solutions was incorporated on 03 October 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Nevolearn Solutions by revenue are JTC India Private Limited, Campus Engineerhub Private Limited, Bhrtya Automation Private Limited, Iiiem Global Training Private Limited, KG Global Unique Learning Private Limited and 5 more, all in the Education industry (Corporate and Commercial Training).
Mohammed Vaseem was appointed as Director on 20 Aug 2024. Jyothsna Pabbathi ceased to be Director on 05 Mar 2024. Venkatesha Manjunath was appointed as Director on 24 Oct 2023. Nevolearn Solutions has 5 board changes on record in total.
Nevolearn Solutions can be reached through the website allsysservices.com. Its registered office is in Bangalore South, Karnataka, India.