Nextaverse Innovations Private Limited

Nextaverse Innovations Private Limited - pharma in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U74140KA2023PTC170530 Incorporated 19 January 2023 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company pharma
Data last updated
Revenue · FY 2025
₹74.9 Lakh
▲ 538% YoY
Net loss · FY 2025
₹50.83 Lakh
Net margin -67.9%
EBITDA · FY 2025
-₹50.44 Lakh
EBITDA margin -67.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
3 yrs
Est. 2023
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered

About Nextaverse Innovations Private Limited

Data last updated:

Nextaverse Innovations Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 19 January 2023.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA2023PTC170530. Its GSTIN is 29AAICN7145E1Z9 (Karnataka).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Abdul Naseer Kuttikandiyil (Managing Director) and Najmal Kalluvettungal.

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 38/1 38/2 Chc Housing Board Colony 707 Sfs 4th Stage Yelahanka New Town, Bangalore, Karnataka, India – 560064.

As per the financials filed for FY 2025, the company reported a revenue of ₹74.9 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹50.83 Lakh (net margin -67.9%) and EBITDA of -₹50.44 Lakh (EBITDA margin -67.3%).

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74140KA2023PTC170530
Registration Number 170530
Incorporation Date 19 January 2023
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Nextaverse Innovations Private Limited's registered office is in Bangalore, Karnataka.

  • Registered Address
    38/1 38/2 Chc Housing Board Colony 707 Sfs 4th Stage Yelahanka New Town, Bangalore, Karnataka, India – 560064
  • Industry
    Pharma, Pharmaceutical Retailers & Distributors
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Business activity

The main business activity of Nextaverse Innovations is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GWholesale and retail trade; repair of motor vehicles and motorcycles46Wholesale trade, except of motor vehicles and motorcycles

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

Financials of Nextaverse Innovations Private Limited

FY 2025 filings available

Nextaverse Innovations Private Limited reported revenue of ₹74.9 Lakh (up 538% YoY) for FY 2025.

Revenue · FY 2025
₹74.9 Lakh ▲ 538%
Net loss · FY 2025
₹50.83 Lakh margin -67.9%
EBITDA · FY 2025
-₹50.44 Lakh margin -67.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 538%
EBITDA CAGR growth
1 year
▼ 220%

Revenue rose 538% in the latest year. EBITDA fell 220% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2024-25FY 2023-24FY 2022-23
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-₹50.44 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹50.83 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 2024-25FY 2023-24FY 2022-23
Profitability
EBITDA Margin-67.3%
Net Profit Margin-67.9%
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 Nextaverse Innovations Private Limited, buy the company report.

Board of directors of Nextaverse Innovations Private Limited

Nextaverse Innovations has 4 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Najmal KalluvettungalDirector27 Jan 20233 Years 8 MonthsCurrent
Noufal Chakkilatte KunnummalDirector19 Jan 20233 Years 9 MonthsCurrent
Abdul Naseer KuttikandiyilManaging Director19 Jan 20233 Years 9 MonthsCurrent
Thekketho Ttathil Sooppi SalimDirector19 Jan 20233 Years 9 MonthsCurrent

MSME payment delays

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

GST

Nextaverse Innovations has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAICN7145E1Z9KarnatakaActive01 Feb 2023

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

Recent activity

Nextaverse Innovations Private Limited has 4 board changes on record since 2023: 4 appointments. The latest: Najmal Kalluvettungal was appointed as Director on 27 Jan 2023.

AGM
Nextaverse Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Nextaverse Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Najmal Kalluvettungal was appointed as Director.
Appointed
Abdul Naseer Kuttikandiyil was appointed as Managing Director.
Appointed
Noufal Chakkilatte Kunnummal was appointed as Director.
Appointed
Thekketho Ttathil Sooppi Salim was appointed as Director.
Incorporation
19 Jan 2023
Nextaverse Innovations Private Limited was registered on 19 Jan 2023 with Roc Bangalore & aged 3 years 9 months as per MCA records.

Frequently asked questions

Nextaverse Innovations is an active private limited company based in Bangalore, Karnataka, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 19 January 2023 (3+ years old) and is registered under CIN U74140KA2023PTC170530.

Nextaverse Innovations has 4 current directors:

The latest financial statements of Nextaverse Innovations 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 FY 2023 are in the company report.

The GSTIN of Nextaverse Innovations is 29AAICN7145E1Z9, registered in Karnataka.

The CIN (Corporate Identification Number) of Nextaverse Innovations is U74140KA2023PTC170530. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Nextaverse Innovations was incorporated on 19 January 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.

Najmal Kalluvettungal was appointed as Director on 27 Jan 2023. Abdul Naseer Kuttikandiyil was appointed as Managing Director on 19 Jan 2023. Noufal Chakkilatte Kunnummal was appointed as Director on 19 Jan 2023. Nextaverse Innovations has 4 board changes on record in total.

The registered office of Nextaverse Innovations is at 381 382 Chc Housing Board Colony 707 Sfs 4th Stage Yelahanka New Town, Bangalore, Karnataka, India – 560064.

Nextaverse Innovations operates in the pharma industry, in the pharmaceutical retailers and distributors segment.

The compliance status of Nextaverse Innovations is compliant as of 20 August 2026. The company is actively filing with the Registrar of Companies.