MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-26-0254963
Nitor Infotech Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹199.81 Cr
▲ 25% YoY
Net loss · FY 2025
₹6.97 Cr
Net margin -3.5%
EBITDA · FY 2025
-₹3.8 Cr
EBITDA margin -1.9%
Authorised capital
₹7.11 Cr
Registered with MCA
Paid-up capital
₹6.67 Cr
Issued & subscribed
Satisfied charges
₹1.95 Cr
No open charges
Company age
20 yrs
Est. 2006
Employees · EPFO
852
Provident fund records
About Nitor Infotech Private Limited
Data last updated:
Nitor Infotech Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Ascendion Engineering Pvt Ltd. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 08 September 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2006PTC129031. Its GSTIN is 27AAACO8559R1ZH (Maharashtra).
The company has an authorised share capital of ₹7.11 Cr and a paid-up capital of ₹6.67 Cr. It was formerly known as Ocs Infotech Private Limited. It is led by directors including Vinay Surendra Verma and Prakash Balasubramanian.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 4th & 5th Floor B – Wing Rhine Block 1.5 Embassy Techzone Hinjewadi Phase – II, Pune, Maharashtra, India – 411057.
As per the financials filed for FY 2025, the company reported a revenue of ₹199.81 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net loss of ₹6.97 Cr (net margin -3.5%) and EBITDA of -₹3.8 Cr (EBITDA margin -1.9%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 28% over five years.
The company has about 852 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Nitor Infotech. As per MCA filings, the company has satisfied charges of ₹1.95 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending. The company has 5 deals on record (2 funding rounds, 1 rights issue, 1 convertible or debt financing), with disclosed funding of ₹4.49 Cr; the latest was in March 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 Agiliad Technologies Private Limited with revenue of ₹200.68 Cr. The company has 13 MSME Form 1 returns on record between 2019 and 2023, listing 385 overdue payments to 20 micro and small suppliers.
Nitor Infotech Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-26-0254963). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nitorinfotech.com.
Company details
CIN U72200PN2006PTC129031
Registration Number 129031
Incorporation Date 08 September 2006
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Ascendion Engineering Pvt Ltd
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-26-0254963
Key People
Vinay Surendra Verma Director Prakash Balasubramanian Director Pradeep Muralidharan Nair Director Recognitions & Rankings of Nitor Infotech
Contact details
Nitor Infotech Private Limited's registered office is in Pune, Maharashtra. Its website is nitorinfotech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address4th & 5th Floor B – Wing Rhine Block 1.5 Embassy Techzone Hinjewadi Phase – II, Pune, Maharashtra, India – 411057
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Nitor Infotech Private Limited, buy the company report.
Comprehensive company report
Nitor Infotech 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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Brands
Nitor Infotech operates one associated brand: Nitor Infotech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Nitor Infotech is a Digital Enterprise that provides cutting edge solutions in the portals, collaboration, and Business intelligence and performance management | nitorinfotech.com |
Business activity
The main business activity of Nitor Infotech is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Nitor Infotech Private Limited, buy the company report.
Financials of Nitor Infotech Private Limited
FY 2025 filings availableNitor Infotech Private Limited reported revenue of ₹199.81 Cr (up 25% YoY) for FY 2025.
Revenue · FY 2025
₹199.81 Cr ▲ 25%
Net loss · FY 2025
₹6.97 Cr margin -3.5%
EBITDA · FY 2025
-₹3.8 Cr margin -1.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 18%
5 years · compounded
▲ 28%
EBITDA CAGR growth
1 year
▼ 152%
3 years · compounded
▼ 31%
5 years · compounded
▼ 22%
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 25% growth in the latest year. EBITDA fell 152% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | -₹3.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.97 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.9% | ||||
| Net Profit Margin | -3.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Nitor Infotech Private Limited, buy the company report.
Board of directors of Nitor Infotech Private Limited
Nitor Infotech has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinay Surendra Verma Also directs: Ascendion Engineering Private Limited | Director | 06 Jul 2023 | 3 Years 3 Months | Current |
| Prakash Balasubramanian Also directs: Ascendion Digital Solutions Private Limited | Director | 01 Dec 2023 | 2 Years 10 Months | Current |
| Pradeep Muralidharan Nair Also directs: Ascendion Engineering Private Limited, Hyqoo Solutions Private Limited, Collabera Talent Solutions Private Limited and 1 more | Director | 06 Jul 2023 | 3 Years 3 Months | Current |
Peer comparison
Nitor Infotech Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Agiliad Technologies Private Limited | ₹200.68 Cr (FY 2025) | -1.0% | Pune, Maharashtra, India | |||
| CSM Technologies Limited | ₹200.63 Cr (FY 2025) | 1.0% | Bhubaneswar, Odisha, India | |||
| Excelsoft Technologies Limited | ₹200.55 Cr (FY 2024) | 1.0% | Mysore, Karnataka, India | |||
| Shopsense Retail Technologies Limited | ₹200.24 Cr (FY 2025) | 70.0% | Mumbai, Maharashtra, India | |||
| Qualitest Infotech Private Limited | ₹200.04 Cr (FY 2025) | -17.0% | Delhi, India | |||
| Nitor Infotech Private Limitedthis company | ₹199.81 Cr (FY 2025) | -₹6.97 Cr | -3.5% | 25.0% | 852 | Pune, Maharashtra, India |
| Innova Solutions Private Limited | ₹199.79 Cr (FY 2024) | -21.0% | Kanchipuram, Tamil Nadu, India | |||
| Kochar Infotech Limited | ₹199.67 Cr (FY 2025) | 20.0% | Punjab, India | |||
| Birdeye Software India Private Limited | ₹198.74 Cr (FY 2025) | 29.0% | New Delhi, Delhi, India | |||
| Payu Digital Labs Private Limited | ₹198.44 Cr (FY 2025) | -9.0% | Bangalore, Karnataka, India | |||
| Ot Privacy Software Private Limited | ₹197.41 Cr (FY 2025) | 24.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Nitor Infotech Private Limited, buy the company report.
Auditor
Nitor Infotech Private Limited is audited by S R B C & CO LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2024 | 324982E/E3000003 |
Shareholding
The shareholding of Nitor Infotech Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nitor Infotech Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹1.95 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jul 2021 | 100483547 | Others | ₹69 Lakh | Satisfied | |
| 19 Jul 2021 | 100483549 | Others | ₹30 Lakh | Satisfied | |
| 26 Jun 2016 | 100039999 | Others | ₹50.69 Lakh | Satisfied | |
| 23 Mar 2016 | 100020718 | Others | ₹24.34 Lakh | Satisfied | |
| 07 Dec 2011 | 10325024 | Icici Bank Limited | ₹7.41 Lakh | Satisfied |
To see the full charge records of Nitor Infotech Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Nitor Infotech Private Limited has 5 deals on record (2 funding rounds, 1 rights issue, 1 convertible or debt financing), with disclosed funding of ₹4.49 Cr; the latest was in March 2019.
Total deals
5
Funding rounds
2
Rights issue
1
Convertible or debt financing
1
Secondary share transfer
1
Disclosed funding
₹4.49 Cr
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Rights issue | ₹2.3 Cr | Investors: 2 individuals |
| Aug 2013 | Secondary share transfer | Undisclosed | Seller: Eclipse Investments LLC |
| Mar 2013 | Funding round | ₹54 Lakh | Investors: 2 individuals |
| Sep 2006 | Funding round | ₹48.7 Lakh | Investors: Eclipse Investments LLC |
To see the full deal history of Nitor Infotech Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nitor Infotech Private Limited has 3 court cases on record: 3 filed by Nitor Infotech. 1 case is pending and 2 are disposed.
Total cases
3
Filed by the company
3
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
| High courts | 1 | 0 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Reference IDA) | Filed by the company against an individual | Pending |
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed by the company against The State of Maharashtra Through the Department of Revenue, Room Mantralaya, Madam Cama Road, Hutatma Rajguru Square, Nariman Point ,Mumbai , Maharashtra and 1 other | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against State of Maharashtra Through the Department of Revenue and Anr | Disposed |
To see the full case history of Nitor Infotech 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
Nitor Infotech Private Limited has 13 MSME Form 1 returns on record between 2019 and 2023, listing 385 overdue payments to 20 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 20)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Emtech Automation Private Limited | |||
| an individual supplier | |||
| One Foods and Beverages | |||
| C. S. Kelkar & Associates | |||
| Rac IT Solutions Private Limited |
To see the full MSME payment records of Nitor Infotech Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Nitor Infotech Private Limited has a workforce of 852 employees on its EPFO records as of Jan 20, 2025, across 1 active EPFO establishment.
Employee count
852
Active EPFO establishments
1
Employee growth
19.83%
GST
Nitor Infotech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACO8559R1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nitor Infotech Private Limited, buy the company report.
Recent activity
Nitor Infotech Private Limited has 14 board changes on record since 2008: 4 appointments and 10 cessations. The latest: Lalit Sharma ceased to be Additional Director on 29 Sep 2024.
AGM
Nitor Infotech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Nitor Infotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Lalit Sharma ceased to be Additional Director.
Ceased
Prakash Balasubramanian ceased to be Additional Director.
Appointed
Lalit Sharma was appointed as Director.
Appointed
Prakash Balasubramanian was appointed as Director.
Ceased
Pradeep Muralidharan Nair ceased to be Additional Director.
Ceased
Vinay Surendra Verma ceased to be Additional Director.
Appointed
Pradeep Muralidharan Nair was appointed as Director.
Appointed
Vinay Surendra Verma was appointed as Director.
Charges
A charge registered on 19 Jul 2021 via Charge ID 100483547 with Others was fully satisfied on 06 Jun 2023.
Charges
A charge registered on 19 Jul 2021 via Charge ID 100483549 with Others was fully satisfied on 06 Jun 2023.
17 earlier events are in the company report.
News
Frequently asked questions
Nitor Infotech is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 08 September 2006 (20+ years old) and is registered under CIN U72200PN2006PTC129031.
Nitor Infotech has 3 current directors:
- Vinay Surendra Verma - Director
- Prakash Balasubramanian - Director
- Pradeep Muralidharan Nair - Director
The latest financial statements of Nitor Infotech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nitor Infotech is 27AAACO8559R1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nitor Infotech is U72200PN2006PTC129031. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nitor Infotech has 3 court cases on record: 3 filed by the company. 1 is pending. Most are in the district courts.
Nitor Infotech was incorporated on 08 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Pune.
Nitor Infotech has 5 deals on record (2 funding rounds, 1 rights issue, 1 convertible or debt financing), with disclosed funding of ₹4.49 Cr; the latest was in March 2019.
The peers of Nitor Infotech by revenue are Agiliad Technologies Private Limited, CSM Technologies Limited, Excelsoft Technologies Limited, Shopsense Retail Technologies Limited, Qualitest Infotech Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).
Lalit Sharma ceased to be Additional Director on 29 Sep 2024. Prakash Balasubramanian ceased to be Additional Director on 29 Sep 2024. Lalit Sharma was appointed as Director on 09 Apr 2024. Nitor Infotech has 14 board changes on record in total.
Yes, Nitor Infotech is registered as an MSME under Udyam registration (number: UDYAM-MH-26-0254963).
Nitor Infotech has 13 MSME Form 1 returns on record between 2019 and 2023, listing 385 overdue payments to 20 micro and small suppliers. The latest return was filed on 30 Aug 2023.