MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0029148
Nexstep Infotech Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹10.6 Cr
▼ 7% YoY
Net loss · FY 2023
₹4.19 Cr
Net margin -39.5%
EBITDA · FY 2023
-₹4.1 Cr
EBITDA margin -38.7%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹30.01 Lakh
Issued & subscribed
Satisfied charges
₹99.5 Lakh
No open charges
Company age
27 yrs
Est. 1999
Employees · EPFO
96
Provident fund records
About Nexstep Infotech Private Limited
Data last updated:
Nexstep Infotech Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 19 April 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH1999PTC119508. Its GSTIN is 27AAACN8176D1ZE (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹30.01 Lakh. It is led by directors Shabbir Najmuddin Imani and Ila Imani Shabbir.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2nd Floor Mirchandani Business Park, Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹10.6 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹4.19 Cr (net margin -39.5%) and EBITDA of -₹4.1 Cr (EBITDA margin -38.7%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 1% over five years.
The company has about 96 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Expenzing. As per MCA filings, the company has satisfied charges of ₹99.5 Lakh on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
Nexstep Infotech Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0029148). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website expenzing.com.
Company details
CIN U72200MH1999PTC119508
Registration Number 119508
Incorporation Date 19 April 1999
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0029148
Recognitions & Rankings of Nexstep Infotech
Contact details
Nexstep Infotech Private Limited's registered office is in Mumbai, Maharashtra. Its website is expenzing.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2nd Floor Mirchandani Business Park Saki Vihar Road Sakinaka Andheri (East, ), Mumbai, Maharashtra, India – 400072
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Nexstep Infotech Private Limited, buy the company report.
Comprehensive company report
Nexstep Infotech 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Nexstep Infotech operates one associated brand: Expenzing. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Travel expense management software is provided for business operations. | expenzing.com |
Business activity
The main business activity of Nexstep Infotech 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 Nexstep Infotech Private Limited, buy the company report.
Financials of Nexstep Infotech Private Limited
FY 2025 filings availableNexstep Infotech Private Limited reported revenue of ₹10.6 Cr (down 7% YoY) for FY 2023.
Revenue · FY 2023
₹10.6 Cr ▼ 7%
Net loss · FY 2023
₹4.19 Cr margin -39.5%
EBITDA · FY 2023
-₹4.1 Cr margin -38.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▼ 6%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 306%
3 years · compounded
▼ 77%
5 years · compounded
▼ 27%
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 306% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹10.6 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹4.1 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.19 Cr | ||||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -38.7% | ||||
| Net Profit Margin | -39.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Nexstep Infotech Private Limited, buy the company report.
Board of directors of Nexstep Infotech Private Limited
Nexstep Infotech has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shabbir Najmuddin Imani | Director | 19 Apr 1999 | 27 Years 6 Months | Current |
| Ila Imani Shabbir Also directs: Maitribhavna Foundation | Director | 19 Apr 1999 | 27 Years 6 Months | Current |
Peer comparison
Nexstep Infotech Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Application Development), 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 |
|---|---|---|---|---|---|---|
| Nexstep Infotech Private Limitedthis company | ₹10.6 Cr (FY 2023) | -₹4.19 Cr | -39.5% | -7.0% | 96 | Mumbai, Maharashtra, India |
| Ethosh Designs Private Limited | ₹10.56 Cr (FY 2025) | -34.0% | Pune, Maharashtra, India | |||
| Pranathi Software Services Private Limited | ₹10.55 Cr (FY 2024) | 59.0% | Hyderabad, Telangana, India | |||
| Avalon Information Systems Private Limited | ₹10.54 Cr (FY 2025) | 3.0% | New Delhi, Delhi, India |
To see the full peer comparison of Nexstep Infotech Private Limited, buy the company report.
Auditor
Nexstep Infotech Private Limited is audited by PRAVIN SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAVIN SHAH & ASSOCIATES | FY 2023 | 108177W |
Shareholding
The shareholding of Nexstep Infotech 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nexstep Infotech Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹99.5 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Nov 2018 | 100220904 | Others | ₹75 Lakh | Satisfied | |
| 25 Jan 2001 | 90143242 | The Saraswat Co-Operative Bank Ltd | ₹12 Lakh | Satisfied | |
| 24 Aug 2000 | 90143001 | The Saraswat Co-Operative Bank Ltd | ₹3 Lakh | Satisfied | |
| 07 Mar 2000 | 90142765 | The Saraswat Co-Operative Bank Ltd | ₹9.5 Lakh | Satisfied |
To see the full charge records of Nexstep Infotech Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Nexstep Infotech Private Limited has 2 court cases on record: 1 filed by Nexstep Infotech, 1 filed against it. All cases are disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Company petition | Filed against the company by Nine Dot Nine Interactive Pvt. Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against an individual | Disposed |
To see the full case history of Nexstep Infotech 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 Nexstep Infotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nexstep Infotech Private Limited has a workforce of 96 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
96
Active EPFO establishments
1
Employee growth
1.05%
GST
Nexstep Infotech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN8176D1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nexstep Infotech Private Limited, buy the company report.
Recent activity
Nexstep Infotech Private Limited has 2 board changes on record since 1999: 2 appointments. The latest: Ila Imani Shabbir was appointed as Director on 19 Apr 1999.
AGM
Nexstep Infotech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Nexstep Infotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 24 Nov 2018 via Charge ID 100220904 with Others was fully satisfied on 25 Jan 2024.
Charges
A charge registered on 25 Jan 2001 via Charge ID 90143242 with The Saraswat Co-Operative Bank Ltd was fully satisfied on 07 Dec 2018.
Charges
A charge registered on 24 Aug 2000 via Charge ID 90143001 with The Saraswat Co-Operative Bank Ltd was fully satisfied on 07 Dec 2018.
Charges
A charge registered on 07 Mar 2000 via Charge ID 90142765 with The Saraswat Co-Operative Bank Ltd was fully satisfied on 07 Dec 2018.
Charges
A charge with Others amounted to Rs. 0.75 Cr with Charge ID 100220904 was registered on 24 Nov 2018.
Charges
A charge with The Saraswat Co-Operative Bank Ltd amounted to Rs. 0.12 Cr with Charge ID 90143242 was registered on 25 Jan 2001.
Charges
A charge with The Saraswat Co-Operative Bank Ltd amounted to Rs. 0.03 Cr with Charge ID 90143001 was registered on 24 Aug 2000.
Charges
A charge with The Saraswat Co-Operative Bank Ltd amounted to Rs. 0.10 Cr with Charge ID 90142765 was registered on 07 Mar 2000.
Appointed
Ila Imani Shabbir was appointed as Director.
Appointed
Shabbir Najmuddin Imani was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Nexstep Infotech is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 19 April 1999 (27+ years old) and is registered under CIN U72200MH1999PTC119508.
Nexstep Infotech has 2 current directors:
- Shabbir Najmuddin Imani - Director
- Ila Imani Shabbir - Director
The latest financial statements of Nexstep Infotech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nexstep Infotech is 27AAACN8176D1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nexstep Infotech is U72200MH1999PTC119508. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nexstep Infotech has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.
Nexstep Infotech was incorporated on 19 April 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Nexstep Infotech by revenue are Ethosh Designs Private Limited, Pranathi Software Services Private Limited, Avalon Information Systems Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).
Ila Imani Shabbir was appointed as Director on 19 Apr 1999. Shabbir Najmuddin Imani was appointed as Director on 19 Apr 1999.
Yes, Nexstep Infotech is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0029148).
Nexstep Infotech can be reached through the website expenzing.com. Its registered office is in Mumbai, Maharashtra, India.