Nextwealth Entrepreneurs Private Limited

Nextwealth Entrepreneurs Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U93000KA2008PTC046355 Incorporated 07 May 2008 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company business outsourcing MSME · Medium
Data last updated
Revenue · FY 2025
₹226.98 Cr
▲ 24% YoY
Net profit · FY 2025
₹5.36 Cr
Net margin 2.4%
EBITDA · FY 2025
₹7.51 Cr
EBITDA margin 3.3%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹4.34 Lakh
Issued & subscribed
Open charges
₹5 Cr
Secured borrowings
Company age
18 yrs
Est. 2008
Directors on board
5
As per MCA filings

About Nextwealth Entrepreneurs Private Limited

Data last updated:

Nextwealth Entrepreneurs Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business process outsourcing sector. It was incorporated on 07 May 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U93000KA2008PTC046355. Its GSTIN is 29AACCN7635F1ZA (Karnataka).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.34 Lakh. It is led by directors including Gopal Srinivasan and Sridhar Mitta.

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 Gb Alsa Glenridge 32 Langford Road, Bangalore, Karnataka, India – 560025.

As per the financials filed for FY 2025, the company reported a revenue of ₹226.98 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹5.36 Cr (net margin 2.4%) and EBITDA of ₹7.51 Cr (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 37% over five years.

As per MCA filings, the company has open charges of ₹5 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending. The company has 4 deals on record (2 rights issues, 2 secondary share transfers); the latest was in March 2019.

Nextwealth Entrepreneurs Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0158514). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nextwealth.com.

Company details

CIN U93000KA2008PTC046355
Registration Number 046355
Incorporation Date 07 May 2008
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0158514
Key People
Gopal Srinivasan Director Sridhar Mitta Director Mythily Ramesh Director

Recognitions & Rankings of Nextwealth Entrepreneurs

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-KR-03-0158514

Contact details

Nextwealth Entrepreneurs Private Limited's registered office is in Bangalore, Karnataka. Its website is nextwealth.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    nextwealth.com
  • Social Media
  • Registered Address
    Gb Alsa Glenridge 32 Langford Road, Bangalore, Karnataka, India – 560025
  • Industry
    Business Outsourcing, Business Process Outsourcing

To see the full contact details of Nextwealth Entrepreneurs Private Limited, buy the company report.

Comprehensive company report
Nextwealth Entrepreneurs 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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Business activity

The main business activity of Nextwealth Entrepreneurs is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Nextwealth Entrepreneurs Private Limited, buy the company report.

Financials of Nextwealth Entrepreneurs Private Limited

FY 2024 filings available

Nextwealth Entrepreneurs Private Limited reported revenue of ₹226.98 Cr (up 24% YoY) for FY 2025.

Revenue · FY 2025
₹226.98 Cr ▲ 24%
Net profit · FY 2025
₹5.36 Cr margin 2.4%
EBITDA · FY 2025
₹7.51 Cr margin 3.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 7%
5 years · compounded
▲ 37%
EBITDA CAGR growth
1 year
▲ 41%
3 years · compounded
▼ 36%
5 years · compounded
▲ 18%

Revenue has grown at a compounded annual rate (CAGR) of 37% over five years, including 24% growth in the latest year. EBITDA rose 41% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹7.51 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.36 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin3.3%
Net Profit Margin2.4%
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 Nextwealth Entrepreneurs Private Limited, buy the company report.

Board of directors of Nextwealth Entrepreneurs Private Limited

Nextwealth Entrepreneurs has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Gopal Srinivasan
Also directs: Sundaram Investment and Properties Consultants LLP, TVS Investment Consultants LLP, Harita Properties and Consultancy LLP and 5 more
Director11 Feb 201016 Years 8 MonthsCurrent
Sridhar Mitta
Also directs: Harita Techserv Private Limited
Director07 May 200818 Years 5 MonthsCurrent
Mythily Ramesh
Also directs: KBL Services Limited
Director22 Jul 20224 Years 3 MonthsCurrent
Anand Shyamarao TalwaiDirector11 Feb 201016 Years 8 MonthsCurrent
Sudip Nandy
Also directs: Redington Limited, Artison Agrotech Private Limited, SPR Emf Innovations Private Limited and 5 more
Director22 Jul 20224 Years 3 MonthsCurrent
View all directors

Auditor

Nextwealth Entrepreneurs Private Limited is audited by GRSM and Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
GRSM and AssociatesFY 2023000863S

Shareholding

The shareholding of Nextwealth Entrepreneurs 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Nextwealth Entrepreneurs Private Limited, buy the company report.

Charges & borrowings

Open charges
₹5 Cr
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹5.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Oct 2024101016604Hdfc Bank Limited₹5 CrOpen

Total charge records: 1 View all charges

Deals & funding

Nextwealth Entrepreneurs Private Limited has 4 deals on record (2 rights issues, 2 secondary share transfers); the latest was in March 2019.

Total deals
4
Rights issues
2
Secondary share transfers
2

Deals on record (4 of 4)

WhenDealAmountParties
Mar 2019Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Apr 2018Rights issue₹18.5 LakhInvestors: 2 individuals
Nov 2017Rights issue₹4.7 LakhInvestors: 3 individuals
May 2016Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Nextwealth Entrepreneurs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Nextwealth Entrepreneurs Private Limited has 1 active EPFO establishment as of Apr 01, 2024.

Active EPFO establishments
1

GST

Nextwealth Entrepreneurs has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AACCN7635F1ZAKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Nextwealth Entrepreneurs Private Limited, buy the company report.

Recent activity

Nextwealth Entrepreneurs Private Limited has 9 board changes on record since 2008: 5 appointments and 4 cessations. The latest: Mythily Ramesh ceased to be Additional Director on 29 Sep 2022.

Charges
A charge with Hdfc Bank Limited amounted to Rs. 500.00 Lakh with Charge ID 101016604 was registered on 28 Oct 2024.
AGM
Nextwealth Entrepreneurs Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Nextwealth Entrepreneurs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Mythily Ramesh ceased to be Additional Director.
Ceased
Sudip Nandy ceased to be Additional Director.
Appointed
Mythily Ramesh was appointed as Director.
Appointed
Sudip Nandy was appointed as Director.
Ceased
Gopal Srinivasan ceased to be Director.
Ceased
Sekharipuram Ramaswamy Gopalan ceased to be Director.
Appointed
Anand Shyamarao Talwai was appointed as Director.
Appointed
Gopal Srinivasan was appointed as Director.
Appointed
Sridhar Mitta was appointed as Director.

1 earlier event is in the company report.

News

Frequently asked questions

Nextwealth Entrepreneurs is an active private limited company based in Bangalore, Karnataka, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 07 May 2008 (18+ years old) and is registered under CIN U93000KA2008PTC046355.

Nextwealth Entrepreneurs has 5 current directors:

The latest financial statements of Nextwealth Entrepreneurs 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 2015 are in the company report.

The GSTIN of Nextwealth Entrepreneurs is 29AACCN7635F1ZA, registered in Karnataka.

The CIN (Corporate Identification Number) of Nextwealth Entrepreneurs is U93000KA2008PTC046355. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Nextwealth Entrepreneurs has 2 court cases on record: 2 filed by the company. 2 are pending.

Nextwealth Entrepreneurs was incorporated on 07 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.

Nextwealth Entrepreneurs has 4 deals on record (2 rights issues, 2 secondary share transfers); the latest was in March 2019.

Mythily Ramesh ceased to be Additional Director on 29 Sep 2022. Sudip Nandy ceased to be Additional Director on 29 Sep 2022. Mythily Ramesh was appointed as Director on 22 Jul 2022. Nextwealth Entrepreneurs has 9 board changes on record in total.

Yes, Nextwealth Entrepreneurs is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0158514).