Nitor Infotech Private Limited

Nitor Infotech Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U72200PN2006PTC129031 Incorporated 08 September 2006 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company information technology MSME
Data last updated
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

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-MH-26-0254963

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
    nitorinfotech.com
  • Social Media
  • Registered Address
    4th & 5th Floor B – Wing Rhine Block 1.5 Embassy Techzone Hinjewadi Phase – II, Pune, Maharashtra, India – 411057
  • Industry
    Information 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.

BrandDescriptionWebsite
Nitor Infotech
Nitor Infotech is a Digital Enterprise that provides cutting edge solutions in the portals, collaboration, and Business intelligence and performance managementnitorinfotech.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 codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer 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 available

Nitor 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

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-₹3.8 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹6.97 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 Margin-1.9%
Net Profit Margin-3.5%
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 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
NameDesignationAppointment DateTenureStatus
Vinay Surendra Verma
Also directs: Ascendion Engineering Private Limited
Director06 Jul 20233 Years 3 MonthsCurrent
Prakash Balasubramanian
Also directs: Ascendion Digital Solutions Private Limited
Director01 Dec 20232 Years 10 MonthsCurrent
Pradeep Muralidharan Nair
Also directs: Ascendion Engineering Private Limited, Hyqoo Solutions Private Limited, Collabera Talent Solutions Private Limited and 1 more
Director06 Jul 20233 Years 3 MonthsCurrent
View all directors

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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%852Pune, 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 firmFinancial yearFirm registration number
S R B C & CO LLPFY 2024324982E/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 categoryFY 2024FY 2023FY 2022FY 2021FY 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
Others₹1.74 Cr
Icici Bank Limited₹0.21 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
19 Jul 2021100483547Others₹69 LakhSatisfied
19 Jul 2021100483549Others₹30 LakhSatisfied
26 Jun 2016100039999Others₹50.69 LakhSatisfied
23 Mar 2016100020718Others₹24.34 LakhSatisfied
07 Dec 201110325024Icici Bank Limited₹7.41 LakhSatisfied

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)

WhenDealAmountParties
Mar 2019Rights issue₹2.3 CrInvestors: 2 individuals
Aug 2013Secondary share transferUndisclosedSeller: Eclipse Investments LLC
Mar 2013Funding round₹54 LakhInvestors: 2 individuals
Sep 2006Funding round₹48.7 LakhInvestors: 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.

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)

SupplierAmount dueDue sinceReported 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
GSTINStateStatusRegistered on
27AAACO8559R1ZHMaharashtraActive01 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:

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.