About Nextech Infoway Private Limited
Data last updated:
Nextech Infoway Private Limited is a private limited company based in Mahesana, Gujarat, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 29 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2012PTC069643. Its GSTIN is 24AADCN9649L2ZV (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jitendrakumar Dahyabhai Vaghela and Shezankhan Firozkhan Pathan.
Its last annual general meeting (AGM) was held on 02 November 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 8 Mahakali Industrial Park Near Chhatral GIDC Chhatral To Ambavpura Road Chhatral, Mahesana, Gujarat, India – 382715.
As per the financials filed for FY 2022, the company reported a revenue of ₹4.7 Lakh, a decline of 85% compared to the previous year. For the same year it recorded a net loss of ₹6.29 Lakh (net margin -133.9%) and EBITDA of -₹6.29 Lakh (EBITDA margin -133.9%). Revenue has declined at a compounded annual rate (CAGR) of 57% over three years and 27% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nextechinfoway.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address8 Mahakali Industrial Park Near Chhatral GIDC Chhatral To Ambavpura Road Chhatral, Mahesana, Gujarat, India – 382715
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Nextech Infoway Private Limited
The main business activity of Nextech Infoway is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Nextech Infoway Private Limited
Nextech Infoway Private Limited is audited by H B PATEL & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H B PATEL & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Nextech Infoway Private Limited
Nextech Infoway has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitendrakumar Dahyabhai Vaghela | Director | 11 Sep 2023 | 3 Years 0 Months | Current |
| Shezankhan Firozkhan Pathan | Director | 11 Sep 2023 | 3 Years 0 Months | Current |
| Bhupendra Jayantibhai Patel | Director | 22 Jun 2016 | 10 Years 3 Months | Current |
Financials of Nextech Infoway Private Limited FY 2022 filings available
Nextech Infoway Private Limited reported revenue of ₹4.7 Lakh (down 85.00% YoY) for FY 2022.
Growth of Nextech Infoway Private Limited
| Metric | 1-year growth | 3-year compounded (CAGR) | 5-year compounded (CAGR) |
|---|---|---|---|
| Revenue | ▼ 85% | ▼ 57% | ▼ 27% |
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 85% fall 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 of Nextech Infoway Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹4.7 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹6.29 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.29 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 of Nextech Infoway Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -133.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -133.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Nextech Infoway are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Nextech Infoway Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Nextech Infoway Private Limited
Nextech Infoway Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Nextech Infoway Private Limited
Employment history and EPFO contributions of people linked to Nextech Infoway.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Nextech Infoway Private Limited
Nextech Infoway has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCN9649L2ZV | Gujarat | Active | 04 May 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Nextech Infoway Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Nextech Infoway Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Nextech Infoway Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Nextech Infoway Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Nextech Infoway Private Limited
Frequently Asked Questions about Nextech Infoway Private Limited
Nextech Infoway is an active private limited company based in Mahesana, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 29 March 2012 (14+ years old) and is registered under CIN U72200GJ2012PTC069643.
Nextech Infoway reported revenue of ₹4.7 Lakh for FY 2022 (down 85.00% YoY).
Nextech Infoway has 3 current directors:
- Jitendrakumar Dahyabhai Vaghela - Director
- Shezankhan Firozkhan Pathan - Director
- Bhupendra Jayantibhai Patel - Director
Nextech Infoway reported a net loss of ₹6.29 Lakh (net margin -133.9%) and EBITDA of -₹6.29 Lakh (EBITDA margin -133.9%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nextech Infoway is -57% over three years and -27% over five years. In the latest year (FY 2022) revenue fell 85%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nextech Infoway is 24AADCN9649L2ZV, registered in Gujarat. 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 Nextech Infoway is U72200GJ2012PTC069643. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nextech Infoway was incorporated on 29 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Yes, Nextech Infoway is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).