Next57 Coworking Private Limited

Next57 Coworking Private Limited - financial services in Chandigarh, India. FY 2026 financials & compliance.
CIN U70109CH2018PTC042297 Incorporated 18 December 2018 ROC Chandigarh HQ Chandigarh, India
Active Private Limited Company financial services DPIIT Startup
Data last updated
Revenue · FY 2021
₹1.55 Cr
▼ 46% YoY
Net loss · FY 2021
₹9.89 Lakh
Net margin -6.4%
EBITDA · FY 2021
-₹10.45 Lakh
EBITDA margin -6.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
2
of 3 registered

About Next57 Coworking Private Limited

Data last updated:

Next57 Coworking Private Limited is a private limited company based in Chandigarh, India, recognised as a startup by DPIIT. It operates in the real estate financing segment of the financial services sector. It was incorporated on 18 December 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U70109CH2018PTC042297. Its GSTIN is 04AAGCN3294C1ZP (Chandigarh). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Prashant Sharma and Mohak Goyal.

Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Plot No 57 Industrial Area Phase 1, Chandigarh, India – 160002.

As per the financials filed for FY 2021, the company reported a revenue of ₹1.55 Cr, a decline of 46% compared to the previous year. For the same year it recorded a net loss of ₹9.89 Lakh (net margin -6.4%) and EBITDA of -₹10.45 Lakh (EBITDA margin -6.8%).

The company is associated with 1 brand: Next57.

For more details, the company can be reached via its website next57.com.

Company details

CIN U70109CH2018PTC042297
Registration Number 042297
Incorporation Date 18 December 2018
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
DPIIT Recognition Recognised Startup
Key People
Prashant Sharma Director Mohak Goyal Director

Recognitions & Rankings of Next57 Coworking

DPIIT recognised startup Government of India
Startup India

Contact details

Next57 Coworking Private Limited's registered office is in Chandigarh, Chandigarh. Its website is next57.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    next57.com
  • Social Media
  • Registered Address
    Plot No 57 Industrial Area Phase 1, Chandigarh, India – 160002
  • Industry
    Financial Services, Real Estate Financing

To see the full contact details of Next57 Coworking Private Limited, buy the company report.

Comprehensive company report
Next57 Coworking 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

Next57 Coworking operates one associated brand: Next57. Each brand links to its own profile.

BrandDescriptionWebsite
Next57
Offers coworking and furnished office spaces in Chandigarh, Mohali, Zirakpur.next57.com

Business activity

The main business activity of Next57 Coworking is real estate. In detail, this covers real estate activities with own or leased property.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
LReal EstateL1Real estate activities with own or leased property

To see the full business activity and turnover split of Next57 Coworking Private Limited, buy the company report.

Financials of Next57 Coworking Private Limited

FY 2021 filings available

Next57 Coworking Private Limited reported revenue of ₹1.55 Cr (down 46% YoY) for FY 2021.

Revenue · FY 2021
₹1.55 Cr ▼ 46%
Net loss · FY 2021
₹9.89 Lakh margin -6.4%
EBITDA · FY 2021
-₹10.45 Lakh margin -6.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 46%
EBITDA CAGR growth
1 year
▼ 149%

Revenue fell 46% in the latest year. EBITDA fell 149% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2020-21FY 2019-20FY 2018-19
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-₹10.45 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹9.89 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

MetricsFY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-6.8%
Net Profit Margin-6.4%
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 Next57 Coworking Private Limited, buy the company report.

Board of directors of Next57 Coworking Private Limited

Next57 Coworking has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Prashant SharmaDirector18 Dec 20187 Years 10 MonthsCurrent
Mohak GoyalDirector18 Dec 20187 Years 10 MonthsCurrent
View all directors

Peer comparison

Next57 Coworking Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
MPC Properties Private Limited₹1.55 Cr (FY 2025)15.0%Dalhousie, West Bengal, India
Shabenderi Real Estates Private Ltd₹1.55 Cr (FY 2024)-2.0%Kozhikode, Kerala, India
Next57 Coworking Private Limitedthis company₹1.55 Cr (FY 2021)-₹9.89 Lakh-6.4%-46.0%Chandigarh, India
R S Residency Private Limited₹1.54 Cr (FY 2024)184.0%Mumbai, Maharashtra, India
Apex Mining & Construction Private Limited₹1.54 Cr (FY 2025)12.0%Jamshedpur, Jharkhand, India

To see the full peer comparison of Next57 Coworking Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Next57 Coworking Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Next57 Coworking has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
04AAGCN3294C1ZPChandigarhActive08 Feb 2019
03AAGCN3294C1ZRPunjabActive18 Dec 2018

To see the full GST registrations and return filing status of Next57 Coworking Private Limited, buy the company report.

Recent activity

Next57 Coworking Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Mohak Goyal was appointed as Director on 18 Dec 2018.

AGM
Next57 Coworking Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Next57 Coworking Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chandigarh.
Appointed
Mohak Goyal was appointed as Director.
Appointed
Prashant Sharma was appointed as Director.
Incorporation
18 Dec 2018
Next57 Coworking Private Limited was registered on 18 Dec 2018 with Roc Chandigarh & aged 7 years 10 months as per MCA records.

News

Frequently asked questions

Next57 Coworking is an active private limited company based in Chandigarh, India. The company works in real estate financing, within the financial services industry. It was incorporated on 18 December 2018 (8+ years old) and is registered under CIN U70109CH2018PTC042297.

Next57 Coworking has 2 current directors:

The latest financial statements of Next57 Coworking on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Next57 Coworking is 04AAGCN3294C1ZP, registered in Chandigarh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 03AAGCN3294C1ZR (Punjab).

The CIN (Corporate Identification Number) of Next57 Coworking is U70109CH2018PTC042297. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Next57 Coworking was incorporated on 18 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chandigarh.

The peers of Next57 Coworking by revenue are MPC Properties Private Limited, Shabenderi Real Estates Private Ltd, R S Residency Private Limited, Apex Mining & Construction Private Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).

Mohak Goyal was appointed as Director on 18 Dec 2018. Prashant Sharma was appointed as Director on 18 Dec 2018.

Yes, Next57 Coworking is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Next57 Coworking can be reached through the website next57.com. Its registered office is in Chandigarh, India.

The registered office of Next57 Coworking is at Plot No 57 Industrial Area Phase 1, Chandigarh, India – 160002.