About Nidesh Info-Solutions Private Limited
Data last updated:
Nidesh Info-Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 16 January 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC109557. Its GSTIN is 29AAFCN9084R1ZB (Karnataka).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors including Prithvi and Navitha Prithvi.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at No 259 9th Main Wilson Garden Bangalore South, Karnataka, India – 560030.
As per the financials filed for FY 2020, the company reported a revenue of ₹40.3 Lakh, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹43,831 (net margin 1.1%) and EBITDA of ₹17.42 Lakh (EBITDA margin 43.2%).
As per MCA filings, the company has open charges of ₹1.61 Cr and satisfied charges of ₹1.61 Cr on record.
For more details, the company can be reached via its website nideshsolutions.com.
Company details
Contact details
Nidesh Info-Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is nideshsolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo 259 9th Main Wilson Garden Bangalore South, Karnataka, India – 560030
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Nidesh Info-Solutions 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 Nidesh Info-Solutions 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 Nidesh Info-Solutions Private Limited, buy the company report.
Financials of Nidesh Info-Solutions Private Limited
FY 2020 filings availableNidesh Info-Solutions Private Limited reported revenue of ₹40.3 Lakh (down 34% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 34% in the latest year. EBITDA rose 39% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹40.3 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹17.42 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹43,831 | ||
| 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 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 43.2% | ||
| Net Profit Margin | 1.1% | ||
| 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 Nidesh Info-Solutions Private Limited, buy the company report.
Board of directors of Nidesh Info-Solutions Private Limited
Nidesh Info-Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prithvi Also directs: Prop Panther Private Limited | Director | 16 Jan 2018 | 8 Years 9 Months | Current |
| Navitha Prithvi | Director | 28 Aug 2018 | 8 Years 1 Months | Current |
| Rajesh Somashekhar | Director | 16 Jan 2018 | 8 Years 9 Months | Current |
Peer comparison
Nidesh Info-Solutions Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Techstas Global Innovations Private Limited | ₹40.35 Lakh (FY 2025) | 124.0% | Thiruvananthapuram, Kerala, India | |||
| Soltran Solutions Private Limited | ₹40.34 Lakh (FY 2023) | -38.0% | Pune, Maharashtra, India | |||
| Itask Software Solutions Private Limited | ₹40.33 Lakh (FY 2025) | -17.0% | Chennai, Tamil Nadu, India | |||
| Nidesh Info-Solutions Private Limitedthis company | ₹40.3 Lakh (FY 2020) | ₹43,831 | 1.1% | -34.0% | Bangalore, Karnataka, India | |
| Darbhanga Engicon Infra Private Limited | ₹40.29 Lakh (FY 2025) | -75.0% | Ranchi, Jharkhand, India | |||
| Vinora Studios and Technologies Private Limited | ₹40.29 Lakh (FY 2021) | 143.0% | Chennai, Tamil Nadu, India | |||
| Dhruvsatya Center for Personal Transformation Private Limited | ₹40.29 Lakh (FY 2024) | -47.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Nidesh Info-Solutions Private Limited, buy the company report.
Auditor
Nidesh Info-Solutions Private Limited is audited by V S ANKALKOTI & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V S ANKALKOTI & ASSOCIATES | FY 2020 | 013451S |
Shareholding
The shareholding of Nidesh Info-Solutions Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Nidesh Info-Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2021 | 100428398 | Karnataka Bank Ltd. | ₹22 Lakh | Satisfied | |
| 12 Jul 2018 | 100195382 | Karnataka Bank Ltd. | ₹1.39 Cr | Satisfied |
To see the full charge records of Nidesh Info-Solutions Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Nidesh Info-Solutions 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 Nidesh Info-Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nidesh Info-Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCN9084R1ZB | Karnataka | Active | 28 Jan 2018 |
To see the full GST registrations and return filing status of Nidesh Info-Solutions Private Limited, buy the company report.
Recent activity
Nidesh Info-Solutions Private Limited has 4 board changes on record since 2018: 3 appointments and 1 cessation. The latest: Navitha Prithvi ceased to be Additional Director on 19 Sep 2018.
Frequently asked questions
Nidesh Info-Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 16 January 2018 (8+ years old) and is registered under CIN U74999KA2018PTC109557.
Nidesh Info-Solutions has 3 current directors:
- Prithvi - Director
- Navitha Prithvi - Director
- Rajesh Somashekhar - Director
The latest financial statements of Nidesh Info-Solutions on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Nidesh Info-Solutions is 29AAFCN9084R1ZB, registered in Karnataka.
The CIN (Corporate Identification Number) of Nidesh Info-Solutions is U74999KA2018PTC109557. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nidesh Info-Solutions was incorporated on 16 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Nidesh Info-Solutions by revenue are Techstas Global Innovations Private Limited, Soltran Solutions Private Limited, Itask Software Solutions Private Limited, Darbhanga Engicon Infra Private Limited, Vinora Studios and Technologies Private Limited and 1 more, all in the same principal business activity (other professional, scientific and technical activities).
Navitha Prithvi ceased to be Additional Director on 19 Sep 2018. Navitha Prithvi was appointed as Director on 28 Aug 2018. Prithvi was appointed as Director on 16 Jan 2018. Nidesh Info-Solutions has 4 board changes on record in total.
Nidesh Info-Solutions can be reached through the website nideshsolutions.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Nidesh Info-Solutions is at No 259 9th Main Wilson Garden Bangalore South, Karnataka, India – 560030.
Nidesh Info-Solutions operates in the information technology industry, in the IT consulting and support services segment.