About Nitm - Foundation for Innovation and Technology Incubation
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Nitm - Foundation for Innovation and Technology Incubation is a private not for profit company based in Cherrapunjee, Meghalaya, India. It operates in the scientific research segment of the research and development sector. It was incorporated on 16 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Guwahati, under CIN U73100ML2019NPL013708.
It is led by directors including Venkata Rama Rao Chevula and Ayon Bhattacharjee.
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 Nit ( Meghalaya) Premises Cherrapunjee, Meghalaya, India – 793108.
As per the financials filed for FY 2023, the company reported a revenue of ₹47,531, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹60,228 (net margin -126.7%) and EBITDA of -₹56,700 (EBITDA margin -119.3%).
The company is associated with 1 brand: National Institute of Technology Meghalaya.
For more details, the company can be reached via its website nitm.ac.in.
Company details
Contact details
Nitm - Foundation for Innovation and Technology Incubation's registered office is in Cherrapunjee, Meghalaya. Its website is nitm.ac.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNit ( Meghalaya) Premises Cherrapunjee, Meghalaya, India – 793108
- IndustryResearch & Development, Science Research
To see the full contact details of Nitm - Foundation for Innovation and Technology Incubation, 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
Brands
Nitm - Foundation for Innovation and Technology Incubation operates one associated brand: National Institute of Technology Meghalaya. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers undergraduate and postgraduate programs in engineering and sciences. | nitm.ac.in |
Financials of Nitm - Foundation for Innovation and Technology Incubation
FY 2023 filings availableNitm - Foundation for Innovation and Technology Incubation reported revenue of ₹47,531 (down 11% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year. EBITDA fell 324% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
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| EBITDA | -₹56,700 | |||
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| Net Profit (PAT) | -₹60,228 | |||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -119.3% | |||
| Net Profit Margin | -126.7% | |||
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To see the full financial statements and ratios of Nitm - Foundation for Innovation and Technology Incubation, buy the company report.
Board of directors of Nitm - Foundation for Innovation and Technology Incubation
Nitm - Foundation for Innovation and Technology Incubation has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkata Rama Rao Chevula | Director | 16 Oct 2019 | 7 Years 0 Months | Current |
| Ayon Bhattacharjee | Director | 16 Oct 2019 | 7 Years 0 Months | Current |
| Bibhuti Bhusan Biswal Also directs: Outr - Foundation for Innovation and Entrepreneurship | Director | 16 Oct 2019 | 7 Years 0 Months | Current |
Legal cases
No court or tribunal cases involving Nitm - Foundation for Innovation and Technology Incubation 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 Nitm - Foundation for Innovation and Technology Incubation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Nitm - Foundation for Innovation and Technology Incubation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Nitm - Foundation for Innovation and Technology Incubation has 3 board changes on record since 2019: 3 appointments. The latest: Ayon Bhattacharjee was appointed as Director on 16 Oct 2019.
Frequently asked questions
Nitm - Foundation for Innovation and Technology Incubation is an active private not for profit company based in Cherrapunjee, Meghalaya, India. The company works in science research, within the research and development industry. It was incorporated on 16 October 2019 (7+ years old) and is registered under CIN U73100ML2019NPL013708.
Nitm - Foundation for Innovation and Technology Incubation has 3 current directors:
- Venkata Rama Rao Chevula - Director
- Ayon Bhattacharjee - Director
- Bibhuti Bhusan Biswal - Director
The latest financial statements of Nitm - Foundation for Innovation and Technology Incubation 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 CIN (Corporate Identification Number) of Nitm - Foundation for Innovation and Technology Incubation is U73100ML2019NPL013708. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nitm - Foundation for Innovation and Technology Incubation was incorporated on 16 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Guwahati.
Ayon Bhattacharjee was appointed as Director on 16 Oct 2019. Bibhuti Bhusan Biswal was appointed as Director on 16 Oct 2019. Venkata Rama Rao Chevula was appointed as Director on 16 Oct 2019.
Nitm - Foundation for Innovation and Technology Incubation can be reached through the website nitm.ac.in. Its registered office is in Cherrapunjee, Meghalaya, India.
The registered office of Nitm - Foundation for Innovation and Technology Incubation is at Nit Meghalaya Premises Cherrapunjee, Meghalaya, India – 793108.
Nitm - Foundation for Innovation and Technology Incubation operates in the research and development industry, in the science research segment.
Nitm - Foundation for Innovation and Technology Incubation has 1 associated brand: National Institute Of Technology Meghalaya.
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