About Nextup Technologies Private Limited
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Nextup Technologies Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Bottle Lab Technologies Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 01 June 2016.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016PTC093774. Its GSTIN is 29AAFCN2568N1ZS (Karnataka).
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Krishna Wage and Srikrishnan Ramchandran.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.16 Cr, a growth of 146% compared to the previous year. For the same year it recorded a net profit of ₹1.04 Cr (net margin 33.1%) and EBITDA of ₹1.14 Cr (EBITDA margin 36%). Revenue has declined at a compounded annual rate (CAGR) of 49% over three years and 26% over five years.
The company had about 23 employees on its provident fund (EPFO) records before it was dissolved.
The last known website on record is thesmartq.com.
Company details
Contact details
Nextup Technologies Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Apps
- Registered Address1st Floor Vk Kalyani Commercial Complex, Sankey Rd Opp Bda Head Office, Bangalore, Karnataka, India – 560020
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Nextup Technologies 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 Nextup Technologies is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
To see the full business activity and turnover split of Nextup Technologies Private Limited, buy the company report.
Financials of Nextup Technologies Private Limited
FY 2024 filings availableNextup Technologies Private Limited reported revenue of ₹3.16 Cr (up 146% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 146% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 26%. EBITDA rose 117% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.14 Cr | ||||
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| Net Profit (PAT) | ₹1.04 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 36% | ||||
| Net Profit Margin | 33.1% | ||||
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To see the full financial statements and ratios of Nextup Technologies Private Limited, buy the company report.
Board of directors of Nextup Technologies Private Limited
Nextup Technologies 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 |
|---|---|---|---|---|
| Krishna Wage Also directs: Adv-Drsti Advertising Private Limited | Director | 18 Apr 2019 | 7 Years 6 Months | As last reported |
| Srikrishnan Ramchandran Also directs: I.C.S Foods Private Limited, Compass Group (India) Private Limited, Bottle Lab Technologies Private Limited and 1 more | Director | 11 Sep 2020 | 6 Years 2 Months | As last reported |
| Abhishek Ashok Also directs: Khiladi Ventures LLP, True Skill Academy LLP | Director | 18 Apr 2019 | 7 Years 6 Months | As last reported |
Peer comparison
Nextup Technologies Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Services industry (Catering), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Momentz Club & Resorts Private Limited | ₹3.24 Cr (FY 2024) | 20.0% | Lucknow, Uttar Pradesh, India | |||
| Favorite Restaurants Private Limited | ₹3.23 Cr (FY 2016) | 841.0% | Bengaluru, Karnataka, India | |||
| Nextup Technologies Private Limitedthis company | ₹3.16 Cr (FY 2024) | ₹1.04 Cr | 33.1% | 146.0% | 23 | Bangalore, Karnataka, India |
| Ethnic Food and Hospitality Private Limited | ₹3.12 Cr (FY 2024) | 94.0% | New Delhi, Delhi, India |
To see the full peer comparison of Nextup Technologies Private Limited, buy the company report.
Auditor
Nextup Technologies Private Limited is audited by C G R AND CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C G R AND CO | FY 2022 | 015078S |
Shareholding
The shareholding of Nextup Technologies Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nextup Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nextup Technologies 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 Nextup Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nextup Technologies Private Limited has a workforce of 23 employees on its EPFO records as of May 2021, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2021-22 | 23 |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 |
To see the full employee and EPFO history of Nextup Technologies Private Limited, buy the company report.
GST
Nextup Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCN2568N1ZS | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nextup Technologies Private Limited, buy the company report.
Recent activity
Nextup Technologies Private Limited has 10 board changes on record since 2019: 3 appointments and 7 cessations. The latest: Dev Amritesh ceased to be Director on 26 Jul 2022.
1 earlier event is in the company report.
Frequently asked questions
Nextup Technologies has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Nextup Technologies was a private limited company based in Bangalore, Karnataka, India. The company worked in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 01 June 2016 and is registered under CIN U74999KA2016PTC093774. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Nextup Technologies was incorporated on 01 June 2016. It is registered with the Registrar of Companies, Bangalore.
Nextup Technologies had 3 directors:
- Krishna Wage - Director
- Srikrishnan Ramchandran - Director
- Abhishek Ashok - Director
The CIN (Corporate Identification Number) of Nextup Technologies is U74999KA2016PTC093774. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Nextup Technologies is at 1st Floor Vk Kalyani Commercial Complex, Sankey Rd Opp Bda Head Office, Bangalore, Karnataka, India – 560020.
Nextup Technologies can be reached through the website thesmartq.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Nextup Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Nextup Technologies is 29AAFCN2568N1ZS, registered in Karnataka.
Nextup Technologies operated in the travel and hospitality industry, in the hotel and accommodation services segment.
The peers of Nextup Technologies by revenue are Momentz Club & Resorts Private Limited, Favorite Restaurants Private Limited, Ethnic Food and Hospitality Private Limited, all in the Consumer Services industry (Catering), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.).
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