Startup India Government of India
Nextwave Lifestyle Private Limited - e-commerce in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹42.4 Lakh
▲ 135% YoY
Net profit · FY 2022
₹12,676
Net margin 0.3%
EBITDA · FY 2022
₹68,229
EBITDA margin 1.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹18.75 Lakh
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
About Nextwave Lifestyle Private Limited
Data last updated:
Nextwave Lifestyle Private Limited is a private limited company based in Indore, Madhya Pradesh, India, recognised as a startup by DPIIT. It operates in the online apparel retail segment of the e-commerce sector. It was incorporated on 24 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U18109MP2020PTC050772. Its GSTIN is 23AAGCN8556M1ZX (Madhya Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Arif Yusuf Shaikh and Owais Shaikh.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 21 – 22 Shahi Bagh Colony Usman Patel Gate Khajrana Main Road, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2022, the company reported a revenue of ₹42.4 Lakh, a growth of 135% compared to the previous year. For the same year it recorded a net profit of ₹12,676 (net margin 0.3%) and EBITDA of ₹68,229 (EBITDA margin 1.6%).
The company is associated with 1 brand: Neuronlifestyle. As per MCA filings, the company has open charges of ₹18.75 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
Nextwave Lifestyle Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0024352). For more details, the company can be reached via its website neuronlifestyle.com.
Company details
CIN U18109MP2020PTC050772
Registration Number 050772
Incorporation Date 24 January 2020
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MP-23-0024352
Recognitions & Rankings of Nextwave Lifestyle
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-MP-23-0024352
Contact details
Nextwave Lifestyle Private Limited's registered office is in Indore, Madhya Pradesh. Its website is neuronlifestyle.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address21 – 22 Shahi Bagh Colony Usman Patel Gate Khajrana Main Road, Indore, Madhya Pradesh, India – 452001
- IndustryE-Commerce, Online Apparel Retail
To see the full contact details of Nextwave Lifestyle Private Limited, buy the company report.
Comprehensive company report
Nextwave Lifestyle 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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Secure checkout · GST invoice included
Brands
Nextwave Lifestyle operates one associated brand: Neuronlifestyle. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform selling apparel including shirts, t-shirts, and dresses for consumers. | neuronlifestyle.com |
Business activity
The main business activity of Nextwave Lifestyle is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Nextwave Lifestyle Private Limited, buy the company report.
Financials of Nextwave Lifestyle Private Limited
FY 2023 filings availableNextwave Lifestyle Private Limited reported revenue of ₹42.4 Lakh (up 135% YoY) for FY 2022.
Revenue · FY 2022
₹42.4 Lakh ▲ 135%
Net profit · FY 2022
₹12,676 margin 0.3%
EBITDA · FY 2022
₹68,229 margin 1.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 135%
EBITDA CAGR growth
1 year
▲ 15%
Revenue rose 135% in the latest year. EBITDA rose 15% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹42.4 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹68,229 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹12,676 | ||
| 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.6% | ||
| Net Profit Margin | 0.3% | ||
| 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 | |||
To see the full financial statements and ratios of Nextwave Lifestyle Private Limited, buy the company report.
Board of directors of Nextwave Lifestyle Private Limited
Nextwave Lifestyle has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arif Yusuf Shaikh Also directs: Neuron Lifestyle Private Limited | Director | 24 Jan 2020 | 6 Years 9 Months | Current |
| Owais Shaikh | Director | 24 Jan 2020 | 6 Years 9 Months | Current |
| Shoaib Shaikh | Director | 14 Mar 2022 | 4 Years 7 Months | Current |
Auditor
Nextwave Lifestyle Private Limited is audited by CA SRISHTI AGRAWAL for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CA SRISHTI AGRAWAL | FY 2022 | 446861 |
Shareholding
The shareholding of Nextwave Lifestyle Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Nextwave Lifestyle Private Limited, buy the company report.
Charges & borrowings
Open charges
₹18.75 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Sep 2020 | 100368738 | Others | ₹18.75 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Nextwave Lifestyle Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Total cases
2
Filed against the company
2
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Indifi Capital Private Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Incred Financial Services Ltd | Pending |
To see the full case history of Nextwave Lifestyle 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
No delayed payments to MSME suppliers are on our record for Nextwave Lifestyle Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nextwave Lifestyle has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAGCN8556M1ZX | Madhya Pradesh | Active | 24 Jan 2020 |
To see the full GST registrations and return filing status of Nextwave Lifestyle Private Limited, buy the company report.
Recent activity
Nextwave Lifestyle Private Limited has 6 board changes on record since 2020: 3 appointments and 3 cessations. The latest: Asif Khan ceased to be Director on 11 Nov 2022.
AGM
Nextwave Lifestyle Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Nextwave Lifestyle Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.
Ceased
Asif Khan ceased to be Director.
Appointed
Shoaib Shaikh was appointed as Director.
Ceased
Arif Yusuf Shaikh ceased to be Director.
Ceased
Owais Shaikh ceased to be Director.
Charges
A charge with Others amounted to Rs. 18.75 Lakh with Charge ID 100368738 was registered on 08 Sep 2020.
Appointed
Arif Yusuf Shaikh was appointed as Director.
Appointed
Owais Shaikh was appointed as Director.
Incorporation
24 Jan 2020
Nextwave Lifestyle Private Limited was registered on 24 Jan 2020 with Roc Gwalior & aged 6 years 9 months as per MCA records.
Frequently asked questions
Nextwave Lifestyle is an active private limited company based in Indore, Madhya Pradesh, India. The company works in online apparel retail, within the e-commerce industry. It was incorporated on 24 January 2020 (6+ years old) and is registered under CIN U18109MP2020PTC050772.
Nextwave Lifestyle has 3 current directors:
- Arif Yusuf Shaikh - Director
- Owais Shaikh - Director
- Shoaib Shaikh - Director
The latest financial statements of Nextwave Lifestyle on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Nextwave Lifestyle is 23AAGCN8556M1ZX, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Nextwave Lifestyle is U18109MP2020PTC050772. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nextwave Lifestyle has 2 court cases on record: 2 filed against it. 2 are pending.
Nextwave Lifestyle was incorporated on 24 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Gwalior.
Asif Khan ceased to be Director on 11 Nov 2022. Shoaib Shaikh was appointed as Director on 14 Mar 2022. Arif Yusuf Shaikh ceased to be Director on 13 Mar 2022. Nextwave Lifestyle has 6 board changes on record in total.
Yes, Nextwave Lifestyle is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Nextwave Lifestyle is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-23-0024352).