About Nextgen Cloud Services Private Limited
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Nextgen Cloud Services Private Limited was a private limited company based in Pune, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 05 November 2014.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900PN2014PTC152999. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹75 Lakh and a paid-up capital of ₹51 Lakh.
Its last annual general meeting (AGM) was held on 31 May 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Flat 4 Plot 85 Sec 27 Pcndt Nigadi, Pune, Maharashtra, India – 411044.
As per the financials filed for FY 2019, the company reported a revenue of ₹66.63 Lakh, a decline of 68% compared to the previous year. For the same year it recorded a net profit of ₹2.06 Lakh (net margin 3.1%) and EBITDA of ₹3.6 Lakh (EBITDA margin 5.4%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years.
The company has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in May 2016.
The last known website on record is nextgentec.in.
Company details
Contact details
Nextgen Cloud Services Private Limited's registered office is in Pune, Maharashtra. Its website is nextgentec.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat 4 Plot 85 Sec 27 Pcndt Nigadi, Pune, Maharashtra, India – 411044
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Nextgen Cloud Services 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 Nextgen Cloud Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Nextgen Cloud Services Private Limited, buy the company report.
Financials of Nextgen Cloud Services Private Limited
FY 2019 filings availableNextgen Cloud Services Private Limited reported revenue of ₹66.63 Lakh (down 68% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 32% over three years, including a 68% fall in the latest year. EBITDA fell 29% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹3.6 Lakh | ||||
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| Net Profit (PAT) | ₹2.06 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA Margin | 5.4% | ||||
| Net Profit Margin | 3.1% | ||||
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To see the full financial statements and ratios of Nextgen Cloud Services Private Limited, buy the company report.
Board of directors of Nextgen Cloud Services Private Limited
Nextgen Cloud Services has 7 former directors on record and no current directors listed.
Auditor
Nextgen Cloud Services Private Limited is audited by J S DESAI & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J S DESAI & CO | FY 2018 | 133911W |
Shareholding
The shareholding of Nextgen Cloud Services Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Nextgen Cloud Services Private Limited, buy the company report.
Deals & funding
Nextgen Cloud Services Private Limited has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in May 2016.
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Apr 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Apr 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
To see the full deal history of Nextgen Cloud Services 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
No court or tribunal cases involving Nextgen Cloud Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nextgen Cloud Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nextgen Cloud Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Nextgen Cloud Services Private Limited, buy the company report.
Recent activity
Nextgen Cloud Services Private Limited has 7 board changes on record since 2015: 0 appointments and 7 cessations. The latest: Abhay Bapusaheb Phatangare ceased to be Director on 28 Aug 2019.
Frequently asked questions
Nextgen Cloud Services has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Nextgen Cloud Services was a private limited company based in Pune, Maharashtra, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 05 November 2014 and is registered under CIN U72900PN2014PTC152999. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Nextgen Cloud Services is U72900PN2014PTC152999. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nextgen Cloud Services was incorporated on 05 November 2014. It is registered with the Registrar of Companies, Mumbai.
Nextgen Cloud Services can be reached through the website nextgentec.in. Its registered office is in Pune, Maharashtra, India.
The registered office of Nextgen Cloud Services is at Flat 4 Plot 85 Sec 27 Pcndt Nigadi, Pune, Maharashtra, India – 411044.
The latest financial statements of Nextgen Cloud Services on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 31 May 2019. Year-wise statements from 2015 are in the company report.
No. Nextgen Cloud Services has 1 GST registration on record and it is cancelled or inactive.
Nextgen Cloud Services operated in the business outsourcing industry, in the business and IT consulting segment.
Nextgen Cloud Services has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in May 2016.