About Nittio Solutions Private Limited
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Nittio Solutions Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the k-12 and higher education institutions segment of the education sector. It was incorporated on 29 April 2013.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2013PTC068799. Its GSTIN is 29AAECN3339A1ZP (Karnataka).
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Khadim Hussain Ismail Batti and Amit Sharma.
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 was at No.1289/1090E 18th Cross Road Sector 3 Hsr Layout, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.47 Lakh, a decline of 77% compared to the previous year. For the same year it recorded a net loss of ₹1.03 Cr and EBITDA of -₹1.03 Cr. Revenue has declined at a compounded annual rate (CAGR) of 74% over three years and 44% over five years.
The company was associated with 2 brands: Nittio Learn and NittioLearn. The company has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in August 2021.
The last known website on record is nittiolearn.com.
Company details
Contact details
Nittio Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is nittiolearn.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.1289/1090E 18th Cross Road Sector 3 Hsr Layout, Bangalore, Karnataka, India – 560102
- IndustryEducation, K-12 & Higher Education Institutions
To see the full contact details of Nittio 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
Brands
Nittio Solutions operates two associated brands: Nittio Learn and NittioLearn. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers software development, consulting, and related services to support business needs. | nittio.com | |
| Educational apps and customized assignments are created via cloud-based platform. | nittiolearn.com |
Business activity
The main business activity of Nittio Solutions 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 |
Financials of Nittio Solutions Private Limited
FY 2024 filings availableNittio Solutions Private Limited reported revenue of ₹4.47 Lakh (down 77% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 44% over five years, including a 77% fall in the latest year. EBITDA fell 102% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹1.03 Cr | ||||
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| Net Profit (PAT) | -₹1.03 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Nittio Solutions Private Limited, buy the company report.
Board of directors of Nittio Solutions Private Limited
Nittio Solutions has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Khadim Hussain Ismail Batti Also directs: Gutsalve Lifesciences Private Limited, Whatfix Private Limited | Director | 28 Jul 2021 | 5 Years 3 Months | As last reported |
| Amit Sharma | Director | 28 Jul 2021 | 5 Years 3 Months | As last reported |
Auditor
Nittio Solutions Private Limited is audited by Y C R J & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Y C R J & ASSOCIATES | FY 2018 | 006927S |
Shareholding
The shareholding of Nittio Solutions Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Nittio Solutions Private Limited, buy the company report.
Deals & funding
Nittio Solutions Private Limited has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in August 2021.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2021 | Acquisition | Undisclosed | Buyer: Whatfix Private Limited |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Upekkha Seller: an individual |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Nittio 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 Nittio Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nittio Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECN3339A1ZP | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nittio Solutions Private Limited, buy the company report.
Recent activity
Nittio Solutions Private Limited has 7 board changes on record since 2021: 2 appointments and 5 cessations. The latest: Gagandeep Singh Josan ceased to be Director on 08 Nov 2021.
Frequently asked questions
Nittio Solutions has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Nittio Solutions was a private limited company based in Bangalore, Karnataka, India. The company worked in k-12 and higher education institutions, within the education industry. It was incorporated on 29 April 2013 and is registered under CIN U72200KA2013PTC068799. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Nittio Solutions was incorporated on 29 April 2013. It is registered with the Registrar of Companies, Bangalore.
Nittio Solutions had 2 directors:
- Khadim Hussain Ismail Batti - Director
- Amit Sharma - Director
The CIN (Corporate Identification Number) of Nittio Solutions is U72200KA2013PTC068799. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Nittio Solutions is at No.12891090E 18th Cross Road Sector 3 Hsr Layout, Bangalore, Karnataka, India – 560102.
Nittio Solutions can be reached through the website nittiolearn.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Nittio Solutions 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 Nittio Solutions is 29AAECN3339A1ZP, registered in Karnataka.
Nittio Solutions operated in the education industry, in the k-12 and higher education institutions segment.