MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0060326
Nextenders (India) Private Limited - internet in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹7.13 Cr
▼ 40% YoY
Net loss · FY 2025
₹2.18 Cr
Net margin -30.6%
EBITDA · FY 2025
-₹29.11 Lakh
EBITDA margin -4.1%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹74.29 Lakh
Issued & subscribed
Open charges
₹36.14 Lakh
Satisfied ₹1.34 Cr
Company age
26 yrs
Est. 2000
Employees · EPFO
46
Provident fund records
About Nextenders (India) Private Limited
Data last updated:
Nextenders (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 26 April 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52392MH2000PTC126159. Its GSTIN is 27AACCP6924H1ZA (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹74.29 Lakh. It was formerly known as Parts and More India Pvt Ltd. It is led by directors including Sujeet Bhanushankar Bhatt and Sumeet Bhanushankar Bhatt.
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 Yuchitjuhutararoadsantacruzwest, Mumbai, Maharashtra, India – 400049.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.13 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹2.18 Cr (net margin -30.6%) and EBITDA of -₹29.11 Lakh (EBITDA margin -4.1%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 16% over five years.
The company has about 46 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Nextenders. As per MCA filings, the company has open charges of ₹36.14 Lakh and satisfied charges of ₹1.34 Cr on record. Court records list 39 cases involving the company, including 17 filed by the company and 22 filed against it; 2 cases are pending. The company has 10 deals on record (5 funding rounds, 4 secondary share transfers, 1 debt financing), with disclosed funding of ₹88.32 Cr; the latest was in October 2022. The company has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 18 overdue payments to 9 micro and small suppliers.
Nextenders (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0060326). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nextenders.com.
Company details
CIN U52392MH2000PTC126159
Registration Number 126159
Incorporation Date 26 April 2000
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-19-0060326
Key People
Sujeet Bhanushankar Bhatt Director Abhay Dushyant Desai Nominee Director Sumeet Bhanushankar Bhatt Director Recognitions & Rankings of Nextenders (India)
Contact details
Nextenders (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is nextenders.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressYuchitjuhutararoadsantacruzwest, Mumbai, Maharashtra, India – 400049
- IndustryInternet, Online Service Marketplaces
To see the full contact details of Nextenders (India) Private Limited, buy the company report.
Comprehensive company report
Nextenders (India) 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
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Brands
Nextenders (India) operates one associated brand: Nextenders. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud-based e-procurement and catalog management solutions are offered for businesses. | nextenders.com |
Business activity
The main business activity of Nextenders (India) is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Nextenders (India) Private Limited, buy the company report.
Financials of Nextenders (India) Private Limited
FY 2025 filings availableNextenders (India) Private Limited reported revenue of ₹7.13 Cr (down 40% YoY) for FY 2025.
Revenue · FY 2025
₹7.13 Cr ▼ 40%
Net loss · FY 2025
₹2.18 Cr margin -30.6%
EBITDA · FY 2025
-₹29.11 Lakh margin -4.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 40%
3 years · compounded
▼ 7%
5 years · compounded
▼ 16%
EBITDA CAGR growth
1 year
▼ 114%
3 years · compounded
▲ 46%
5 years · compounded
▼ 16%
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 40% fall in the latest year. EBITDA fell 114% 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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| Total Expenses | |||||
| EBITDA | -₹29.11 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.18 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.1% | ||||
| Net Profit Margin | -30.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Nextenders (India) Private Limited, buy the company report.
Board of directors of Nextenders (India) Private Limited
Nextenders (India) has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sujeet Bhanushankar Bhatt | Director | 09 Nov 2002 | 23 Years 11 Months | Current |
| Abhay Dushyant Desai Also directs: Next Markets (India) Private Limited | Nominee Director | 27 Jun 2011 | 15 Years 4 Months | Current |
| Sumeet Bhanushankar Bhatt Also directs: Message Music (India) Private Limited | Director | 17 May 2002 | 24 Years 5 Months | Current |
| Tapan Suresh Mehta Also directs: Message Music (India) Private Limited | Director | 17 May 2002 | 24 Years 5 Months | Current |
Auditor
Nextenders (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 Nextenders (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 Nextenders (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹36.14 Lakh
Satisfied charges
₹1.34 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Apr 2024 | 100941366 | Axis Bank Limited | ₹13.75 Lakh | Open | |
| 11 Feb 2008 | 10091016 | Icici Bank Limited | ₹22.39 Lakh | Open | |
| 21 Feb 2019 | 100241543 | Others | ₹21.4 Lakh | Satisfied | |
| 01 Feb 2019 | 100239058 | Others | ₹26.4 Lakh | Satisfied | |
| 26 Dec 2017 | 100148930 | Others | ₹22.4 Lakh | Satisfied |
To see the full charge records of Nextenders (India) Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Nextenders (India) Private Limited has 10 deals on record (5 funding rounds, 4 secondary share transfers, 1 debt financing), with disclosed funding of ₹88.32 Cr; the latest was in October 2022.
Total deals
10
Funding rounds
5
Secondary share transfers
4
Debt financing
1
Disclosed funding
₹88.32 Cr
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2022 | Funding round | ₹1.75 Cr | Investors: DRC Systems India Limited |
| Nov 2019 | Debt financing | ₹73.97 Cr | Investors: Vector NXG |
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2010 | Funding round | ₹6.67 Cr | Investors: Next Markets (India) Private Limited |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Zoom Cortex (India) Advisors Private Limited |
To see the full deal history of Nextenders (India) Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nextenders (India) Private Limited has 39 court cases on record: 17 filed by Nextenders (India), 22 filed against it. 2 cases are pending and 37 are disposed.
Total cases
39
Filed by the company
17
Filed against the company
22
Pending
2
Disposed
37
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 30 | 15 | 2 |
| District courts | 7 | 7 | 0 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 39)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed against the company by Kisankraft Machine Tools Pvt Ltd | Disposed |
| District court, Calcutta, West Bengal | Court case (TS) | Filed against the company by Rashmi Metaliks Ltd. | Disposed |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against State of Haryana and Others | Pending |
| Bombay High Court | Commercial suit | Filed against the company by Pawansarathi (India) Pvt. Ltd. | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against State of Haryana and Another | Disposed |
To see the full case history of Nextenders (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
Nextenders (India) Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 18 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Durga Wi-Fi (OPC) Private Limited | |||
| Techngl Private Limited | |||
| NTT Global Data Centers & Cloud Infrastructure India Private Limited | |||
| NTT Communications India Network Services Private Limited |
To see the full MSME payment records of Nextenders (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Nextenders (India) Private Limited has a workforce of 46 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
46
Active EPFO establishments
1
Employee growth
-16.36%
GST
Nextenders (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCP6924H1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nextenders (India) Private Limited, buy the company report.
Recent activity
Nextenders (India) Private Limited has 8 board changes on record since 2002: 4 appointments and 4 cessations. The latest: John Oliver Band ceased to be Director on 31 Mar 2022.
AGM
Nextenders (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Nextenders (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 21 Feb 2019 via Charge ID 100241543 with Others was fully satisfied on 08 Nov 2024.
Charges
A charge registered on 01 Feb 2019 via Charge ID 100239058 with Others was fully satisfied on 07 Jun 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.14 Cr with Charge ID 100941366 was registered on 12 Apr 2024.
Charges
A charge registered on 14 Dec 2017 via Charge ID 100145322 with Others was fully satisfied on 28 Feb 2023.
Charges
A charge registered on 26 Dec 2017 via Charge ID 100148930 with Others was fully satisfied on 02 Dec 2022.
Ceased
John Oliver Band ceased to be Director.
Ceased
Diwakar Singhal ceased to be Nominee Director.
Ceased
Krishnamurthy Subramanian Ganapathy ceased to be Nominee Director.
Charges
A charge registered on 27 Aug 2014 via Charge ID 10519442 with Punjab National Bank was fully satisfied on 27 Feb 2019.
Charges
A charge with Others amounted to Rs. 0.21 Cr with Charge ID 100241543 was registered on 21 Feb 2019.
19 earlier events are in the company report.
News
Frequently asked questions
Nextenders (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 26 April 2000 (26+ years old) and is registered under CIN U52392MH2000PTC126159.
Nextenders (India) has 4 current directors:
- Sujeet Bhanushankar Bhatt - Director
- Abhay Dushyant Desai - Nominee Director
- Sumeet Bhanushankar Bhatt - Director
- Tapan Suresh Mehta - Director
The latest financial statements of Nextenders (India) 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 Nextenders (India) is 27AACCP6924H1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nextenders (India) is U52392MH2000PTC126159. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nextenders (India) has 39 court cases on record: 17 filed by the company and 22 filed against it. 2 are pending. Most are in the high courts.
Nextenders (India) was incorporated on 26 April 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
Nextenders (India) has 10 deals on record (5 funding rounds, 4 secondary share transfers, 1 debt financing), with disclosed funding of ₹88.32 Cr; the latest was in October 2022.
John Oliver Band ceased to be Director on 31 Mar 2022. Diwakar Singhal ceased to be Nominee Director on 05 Feb 2020. Krishnamurthy Subramanian Ganapathy ceased to be Nominee Director on 09 Oct 2019. Nextenders (India) has 8 board changes on record in total.
Yes, Nextenders (India) is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0060326).
Nextenders (India) has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 18 overdue payments to 9 micro and small suppliers. The latest return was filed on 29 Aug 2023.