About Next Markets (India) Private Limited
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Next Markets (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 25 April 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2000PTC126131.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Abhay Dushyant Desai and Joshua Hudson Samuel.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Yuchitjuhu Tara Road, Mumbai, Maharashtra, India – 400049.
As per the financials filed for FY 2025, the company reported a revenue of ₹50,000, a decline of 80% compared to the previous year. For the same year it recorded a net profit of ₹8,088 (net margin 16.2%) and EBITDA of ₹10,960 (EBITDA margin 21.9%).
Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nextmarkets.net.
Company details
Contact details
Next Markets (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is nextmarkets.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressYuchitjuhu Tara Road, Mumbai, Maharashtra, India – 400049
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Next Markets (India) 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 Next Markets (India) is information and communication. In detail, this covers publishing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 58 | Publishing activities |
To see the full business activity and turnover split of Next Markets (India) Private Limited, buy the company report.
Financials of Next Markets (India) Private Limited
FY 2025 filings availableNext Markets (India) Private Limited reported revenue of ₹50,000 (down 80% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 80% in the latest year. EBITDA fell 95% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹10,960 | ||||
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| Net Profit (PAT) | ₹8,088 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 21.9% | ||||
| Net Profit Margin | 16.2% | ||||
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To see the full financial statements and ratios of Next Markets (India) Private Limited, buy the company report.
Board of directors of Next Markets (India) Private Limited
Next Markets (India) has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhay Dushyant Desai Also directs: Nextenders (India) Private Limited | Director | 11 Feb 2004 | 22 Years 8 Months | Current |
| Joshua Hudson Samuel | Director | 28 May 2011 | 15 Years 5 Months | Current |
Auditor
Next Markets (India) Private Limited is audited by Sunil Rajderkar & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sunil Rajderkar & Co. | FY 2023 | 111886W |
Shareholding
The shareholding of Next Markets (India) 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 Next Markets (India) Private Limited, buy the company report.
Legal cases
Next Markets (India) Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Commercial suit | Filed against the company by Pawansarathi (India) Pvt. Ltd. | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Pawansarathi (India) Pvt. Ltd. | Disposed |
To see the full case history of Next Markets (India) 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 Next Markets (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Next Markets (India) Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Next Markets (India) Private Limited has 5 board changes on record since 2004: 2 appointments and 3 cessations. The latest: Joshua Hudson Samuel ceased to be Additional Director on 29 Sep 2011.
Frequently asked questions
Next Markets (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in software development and support services, within the information technology industry. It was incorporated on 25 April 2000 (26+ years old) and is registered under CIN U72900MH2000PTC126131.
Next Markets (India) has 2 current directors:
- Abhay Dushyant Desai - Director
- Joshua Hudson Samuel - Director
The latest financial statements of Next Markets (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Next Markets (India) is U72900MH2000PTC126131. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Next Markets (India) has 2 court cases on record: 2 filed against it. 1 is pending.
Next Markets (India) was incorporated on 25 April 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
Joshua Hudson Samuel ceased to be Additional Director on 29 Sep 2011. Tapan Suresh Mehta ceased to be Director on 03 Jun 2011. Joshua Hudson Samuel was appointed as Director on 28 May 2011. Next Markets (India) has 5 board changes on record in total.
Next Markets (India) can be reached through the website nextmarkets.net. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Next Markets (India) is at Yuchitjuhu Tara Road, Mumbai, Maharashtra, India – 400049.
Next Markets (India) operates in the information technology industry, in the software development and support services segment.
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