Nextuple India Private Limited

Nextuple India Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2019PTC120177 Incorporated 09 January 2019 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹47.55 Cr
▲ 39% YoY
Net profit · FY 2024
₹4.91 Cr
Net margin 10.3%
EBITDA · FY 2024
₹7.22 Cr
EBITDA margin 15.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
152
Provident fund records
Directors on board
5
As per MCA filings

About Nextuple India Private Limited

Data last updated:

Nextuple India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Nextuple Inc. and 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 09 January 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC120177. Its GSTIN is 29AAGCN3527Q1ZS (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 Gautam Jayavarma Meloor and Darpan Seth.

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 is at No.4/10 Mythri Centre B Block 3rd Floor East Wing Hosur Main Road Bommanahalli, Bangalore, Karnataka, India – 560068.

As per the financials filed for FY 2024, the company reported a revenue of ₹47.55 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹4.91 Cr (net margin 10.3%) and EBITDA of ₹7.22 Cr (EBITDA margin 15.2%). Revenue has grown at a compounded annual rate (CAGR) of 121% over three years.

The company has about 152 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Nextuple. The company has 1 deal on record (1 funding round), with disclosed funding of ₹10 Lakh; the latest was in April 2019. Its 10 peer companies in the same principal business activity (Computer programming, consultancy and related activities) are compared by revenue, 5 larger and 5 smaller; the largest is Vertisystem Global Private Limited.

For more details, the company can be reached via its website nextuple.com.

Company Details of Nextuple India Private Limited
CIN U72900KA2019PTC120177
Registration Number 120177
Incorporation Date 09 January 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Nextuple Inc.
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    No.4/10 Mythri Centre B Block 3rd Floor East Wing Hosur Main Road Bommanahalli, Bangalore, Karnataka, India – 560068
  • Industry
    Information Technology, Application Development & Software Solutions
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Financials, compliance, directors, charges, ownership and filings for Nextuple India Private Limited in one report.

Financials from FY 2019 Directors & ownership Charges & compliance

Business Activity of Nextuple India Private Limited

The main business activity of Nextuple India is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ6Computer programming, consultancy and related activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
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Financials of Nextuple India Private Limited FY 2024 filings available

Nextuple India Private Limited reported revenue of ₹47.55 Cr (up 39% YoY) for FY 2024.

Revenue · FY 2024
₹47.55 Cr ▲ 39%
Net profit · FY 2024
₹4.91 Cr margin 10.3%
EBITDA · FY 2024
₹7.22 Cr margin 15.2%

Compounded Annual Growth Rate (CAGR) of Nextuple India Private Limited

Revenue CAGR growth
1 year
▲ 39%
3 years · compounded
▲ 121%
EBITDA CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 121%
5 years · compounded
▲ 308%

Revenue has grown at a compounded annual rate (CAGR) of 121% over three years, including 39% growth in the latest year. EBITDA rose 32% 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 Nextuple India Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹7.22 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹4.91 Cr••••••••••••••••
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 Nextuple India Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin15.2%••••••••••••••••
Net Profit Margin10.3%••••••••••••••••
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 Nextuple India are in the company report.

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Financial statements from FY 2019

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Peer Comparison of Nextuple India Private Limited

Nextuple India Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Revenue, net profit, margin and growth of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Vertisystem Global Private Limited••••••••••••••••210Indore, Madhya Pradesh, India
Techracers Private Limited••••••••••••••••-Indore, Madhya Pradesh, India
Brightstar Solutions India Private Limited••••••••••••••••155Hyderabad, Telangana, India
Fydox Technologies Private Limited••••••••••••••••-Chandrapur, Maharashtra, India
Citrus Informatics (India) Private Limited••••••••••••••••-Ernakulam, Kerala, India
Nextuple India Private Limited this company••••••••••••••••-Bangalore, Karnataka, India
Brane Enterprises Private Limited••••••••••••••••66Shaikpet, Telangana, India
Agility E Services Private Limited••••••••••••••••229Seri Lingampally, Telangana, India
Encore I.T. Services Solutions Private Limited••••••••••••••••310Chennai, Tamil Nadu, India
Evolutyz IT Services Private Limited••••••••••••••••-Visakhapatnam, Andhra Pradesh, India
Vidaxl Services Private Limited••••••••••••••••-Serilingampally, Telangana, India

Peers are the five companies nearest above and the five nearest below Nextuple India by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.

Auditor Details of Nextuple India Private Limited

Nextuple India Private Limited is audited by NAIK KOTRAPPA & ASSOCIATES for the financial year 2023.

NameStatusAppointment DateCessation Date
NAIK KOTRAPPA & ASSOCIATESLockedLockedLocked
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Board of Directors of Nextuple India Private Limited

Nextuple India has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Gautam Jayavarma MeloorDirector09 Jan 20197 Years 8 MonthsCurrent
Darpan SethDirector02 Nov 20223 Years 11 MonthsCurrent
Gopal RangacharyDirector09 Jan 20197 Years 8 MonthsCurrent
Vinaya Kumara Bhat MatadkaAdditional Director28 Dec 20241 Years 9 MonthsCurrent
Ramitha MeloorDirector23 Aug 20197 Years 1 MonthsCurrent

Ownership and Shareholding of Nextuple India Private Limited

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Charges & Borrowings of Nextuple India Private Limited

Nextuple India Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Deals & Funding of Nextuple India Private Limited

Nextuple India Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹10 Lakh; the latest was in April 2019.

Total deals
1
Funding round
1
Disclosed funding
₹10 Lakh

Deals on record (1 of 1)

WhenDealAmountParties
Apr 2019Funding round₹10 LakhInvestors: Nextuple Inc
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Associated Brands with Nextuple India Private Limited

Nextuple India operates one associated brand: Nextuple. Each brand links to its own profile.

BrandDescriptionWebsite
Platform offering shipping and order fulfillment solution for businessesnextuple.com

Employees and EPFO Compliance at Nextuple India Private Limited

Nextuple India Private Limited has a workforce of 152 employees as of Apr 05, 2024.

Employee count
152
Active EPFO establishments
1
Employee growth
47.57%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Nextuple India Private Limited

Nextuple India Private Limited has 7 board changes on record since 2019: 5 appointments and 2 cessations. The latest: Vinaya Kumara Bhat Matadka was appointed as Additional Director on 28 Dec 2024.

Appointed
Vinaya Kumara Bhat Matadka was appointed as Additional Director.
AGM
Nextuple India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Nextuple India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Darpan Seth ceased to be Additional Director.
Appointed
Darpan Seth was appointed as Director.
Ceased
Ramitha Meloor ceased to be Additional Director.
Appointed
Ramitha Meloor was appointed as Director.
Appointed
Gautam Jayavarma Meloor was appointed as Director.
Appointed
Gopal Rangachary was appointed as Director.
Incorporation
09 Jan 2019
Nextuple India Private Limited was registered on 09 Jan 2019 with Roc Bangalore & aged 7 years 8 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Nextuple India Private Limited

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MSME Payment Delays by Nextuple India Private Limited

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Subsidiaries & Group Companies of Nextuple India Private Limited

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GST Compliance of Nextuple India Private Limited

Nextuple India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAGCN3527Q1ZSKarnatakaActive12 Mar 2020
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MCA Filings & Documents of Nextuple India Private Limited

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Frequently Asked Questions about Nextuple India Private Limited

Nextuple India is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 09 January 2019 (7+ years old) and is registered under CIN U72900KA2019PTC120177.

Nextuple India reported revenue of ₹47.55 Cr for FY 2024 (up 39% YoY).

Nextuple India has 5 current directors:

Nextuple India reported a net profit of ₹4.91 Cr (net margin 10.3%) and EBITDA of ₹7.22 Cr (EBITDA margin 15.2%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Nextuple India is 121% over three years. In the latest year (FY 2024) revenue rose 39%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Nextuple India is 29AAGCN3527Q1ZS, registered in Karnataka.

The CIN (Corporate Identification Number) of Nextuple India is U72900KA2019PTC120177. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Nextuple India was incorporated on 09 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.

Nextuple India has 1 deal on record (1 funding round), with disclosed funding of ₹10 Lakh; the latest was in April 2019.

The peers of Nextuple India by revenue are Vertisystem Global Private Limited, Techracers Private Limited, Brightstar Solutions India Private Limited, Fydox Technologies Private Limited, Citrus Informatics (India) Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).

Vinaya Kumara Bhat Matadka was appointed as Additional Director on 28 Dec 2024. Darpan Seth ceased to be Additional Director on 29 Sep 2023. Darpan Seth was appointed as Director on 02 Nov 2022. Nextuple India has 7 board changes on record in total.

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