About Nexcity Solutions Private Limited
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Nexcity Solutions Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the water treatment segment of the environmental services sector. It was incorporated on 11 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74990PN2016PTC158792. Its GSTIN is 23AAFCN1844H1ZO (Madhya Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Manoj Modi and Shankar Singh Gaharwar.
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 A – 903 Sai Vision Pimple Saudagar Aundh Camp, Pune, Maharashtra, India – 411027.
As per the financials filed for FY 2020, the company reported a revenue of ₹6.5 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹14.59 Lakh (net margin 2.2%) and EBITDA of ₹35.04 Lakh (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 294% over three years.
As per MCA filings, the company has open charges of ₹2.5 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹49 Lakh; the latest was in February 2021. Its 4 peer companies in the Cleantech industry (Water and Wastewater Treatment), with the same principal business activity (water collection, treatment and supply) are compared by revenue, 2 larger and 2 smaller; the largest is Waterhealth India Private Limited with revenue of ₹6.62 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 nexcity.in.
Company details
Contact details
Nexcity Solutions Private Limited's registered office is in Pune, Maharashtra. Its website is nexcity.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 903 Sai Vision Pimple Saudagar Aundh Camp, Pune, Maharashtra, India – 411027
- IndustryEnvironment, Water Treatment
To see the full contact details of Nexcity Solutions 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 Nexcity Solutions is water supply, sewerage and waste management. In detail, this covers water collection, treatment and supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| E | Water supply, sewerage and waste management | E1 | Water collection, treatment and supply |
To see the full business activity and turnover split of Nexcity Solutions Private Limited, buy the company report.
Financials of Nexcity Solutions Private Limited
FY 2020 filings availableNexcity Solutions Private Limited reported revenue of ₹6.5 Cr (down 14% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 14% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 294%. EBITDA rose 697% 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 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6.5 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹35.04 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.59 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.4% | ||||
| Net Profit Margin | 2.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Nexcity Solutions Private Limited, buy the company report.
Board of directors of Nexcity Solutions Private Limited
Nexcity Solutions has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Modi | Director | 18 Jun 2018 | 8 Years 4 Months | Current |
| Shankar Singh Gaharwar | Director | 06 Nov 2020 | 5 Years 11 Months | Current |
| Shishir Shrivastava | Director | 18 Jun 2018 | 8 Years 4 Months | Current |
| Shweta Sharma | Director | 11 Mar 2016 | 10 Years 7 Months | Current |
Peer comparison
Nexcity Solutions Private Limited is compared with the 4 companies closest to it by revenue in the Cleantech industry (Water and Wastewater Treatment), with the same principal business activity (water collection, treatment and supply), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Waterhealth India Private Limited | ₹6.62 Cr (FY 2025) | -27.0% | Hyderabad, Telangana, India | |||
| Wist Water Solutions Private Limited | ₹6.57 Cr (FY 2025) | 31.0% | Kolkata, West Bengal, India | |||
| Nexcity Solutions Private Limitedthis company | ₹6.5 Cr (FY 2020) | ₹14.59 Lakh | 2.2% | -14.0% | Pune, Maharashtra, India | |
| H2o Management Services Private Limited | ₹6.49 Cr (FY 2025) | 16.0% | Thane, Maharashtra, India | |||
| X-Treme(Bangalore)Private Limited | ₹6.47 Cr (FY 2022) | 39.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Nexcity Solutions Private Limited, buy the company report.
Auditor
Nexcity Solutions Private Limited is audited by S L CHHAJED & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S L CHHAJED & CO | FY 2020 | 000709C |
Shareholding
The shareholding of Nexcity Solutions Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Nexcity Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2021 | 100433501 | Others | ₹1 Cr | Open | |
| 03 Dec 2018 | 100221906 | State Bank of India | ₹1.5 Cr | Open |
Total charge records: 2 View all charges
Deals & funding
Nexcity Solutions Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹49 Lakh; the latest was in February 2021.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2021 | Funding round | ₹20 Lakh | Investors: 2 individuals |
| Mar 2018 | Funding round | ₹29 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nexcity Solutions Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Palwal, Haryana | Cheque dishonour complaint | Filed against the company by M/S Arjun Constuction Company Through Prop. Om Parkash | Disposed |
To see the full case history of Nexcity Solutions 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 Nexcity Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nexcity Solutions Private Limited has 1 active EPFO establishment as of Mar 22, 2024.
GST
Nexcity Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAFCN1844H1ZO | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nexcity Solutions Private Limited, buy the company report.
Recent activity
Nexcity Solutions Private Limited has 6 board changes on record since 2016: 4 appointments and 2 cessations. The latest: Shankar Singh Gaharwar was appointed as Director on 06 Nov 2020.
Frequently asked questions
Nexcity Solutions is an active private limited company based in Pune, Maharashtra, India. The company works in water treatment, within the environment industry. It was incorporated on 11 March 2016 (10+ years old) and is registered under CIN U74990PN2016PTC158792.
Nexcity Solutions has 4 current directors:
- Manoj Modi - Director
- Shankar Singh Gaharwar - Director
- Shishir Shrivastava - Director
- Shweta Sharma - Director
The latest financial statements of Nexcity Solutions 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 2016 are in the company report.
The GSTIN of Nexcity Solutions is 23AAFCN1844H1ZO, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Nexcity Solutions is U74990PN2016PTC158792. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nexcity Solutions has 1 court case on record: 1 filed against it.
Nexcity Solutions was incorporated on 11 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.
Nexcity Solutions has 2 deals on record (2 funding rounds), with disclosed funding of ₹49 Lakh; the latest was in February 2021.
The peers of Nexcity Solutions by revenue are Waterhealth India Private Limited, Wist Water Solutions Private Limited, H2o Management Services Private Limited, X-Treme(Bangalore)Private Limited, all in the Cleantech industry (Water and Wastewater Treatment), with the same principal business activity (water collection, treatment and supply).
Shankar Singh Gaharwar was appointed as Director on 06 Nov 2020. Shreyash Sharma ceased to be Director on 28 Jun 2018. Shreyash Sharma ceased to be Director on 28 Jun 2018. Nexcity Solutions has 6 board changes on record in total.
Nexcity Solutions can be reached through the website nexcity.in. Its registered office is in Pune, Maharashtra, India.
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