About Nivista Technologies Private Limited
Data last updated:
Nivista Technologies Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 10 October 2002.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2002PTC039748. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Suresh Babu Redyam (Managing Director) and Smitha Kareddy.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Plot No.1090 Road No.55 Jubilee Hills Hyderabad – 34. Jubilee Hills Hyderabad – 3, 4., Telangana, India – 500034.
As per the financials filed for FY 2018, the company reported a revenue of ₹4.71 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹1.42 Lakh (net margin -30.2%) and EBITDA of ₹2.77 Lakh (EBITDA margin 58.9%). Revenue has declined at a compounded annual rate (CAGR) of 73% over three years.
The last known website on record is nivista.com.
Company details
CIN history
Nivista Technologies has one previous CIN (Corporate Identification Number): U72200AP2002PTC039748. The current CIN is U72200TG2002PTC039748, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2002PTC039748 | Current |
| U72200AP2002PTC039748 | Previous |
Contact details
Nivista Technologies Private Limited's registered office is in Hyderabad, Telangana. Its website is nivista.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No.1090 Road No.55 Jubilee Hills Hyderabad – 34. Jubilee Hills Hyderabad – 3, 4., Telangana, India – 500034
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Nivista Technologies 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
Financials of Nivista Technologies Private Limited
FY 2019 filings availableNivista Technologies Private Limited reported revenue of ₹4.71 Lakh (down 87% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 73% over three years, including a 87% fall in the latest year. EBITDA fell 68% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹4.71 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹2.77 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.42 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
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| Trade Payables | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 58.9% | |||
| Net Profit Margin | -30.2% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
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| Receivable Days | ||||
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| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Nivista Technologies Private Limited, buy the company report.
Board of directors of Nivista Technologies Private Limited
Nivista Technologies has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Smitha Kareddy | Director | 10 Oct 2002 | 24 Years 0 Months | As last reported |
| Suresh Babu Redyam Also directs: Exquisite Eats LLP, Exquisite Kitchens Private Limited, Jharoka Furniture LLP and 2 more | Managing Director | 10 Oct 2002 | 24 Years 0 Months | As last reported |
| Varalakshmi Redyam Also directs: Laalsa Business Insights Private Limited | Director | 10 Oct 2002 | 24 Years 0 Months | As last reported |
Auditor
Nivista Technologies Private Limited is audited by S C V & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S C V & ASSOCIATES | FY 2018 | 003666S |
Shareholding
The shareholding of Nivista Technologies Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Nivista Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nivista Technologies 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 Nivista Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nivista Technologies Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
Nivista Technologies has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Nivista Technologies Private Limited, buy the company report.
Recent activity
Nivista Technologies Private Limited has 3 board changes on record since 2002: 3 appointments. The latest: Smitha Kareddy was appointed as Director on 10 Oct 2002.
Frequently asked questions
Nivista Technologies has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Nivista Technologies was a private limited company based in Hyderabad, Telangana, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 10 October 2002 and is registered under CIN U72200TG2002PTC039748. The company has been struck off by the Registrar of Companies and is no longer operational.
Nivista Technologies had 3 directors:
- Suresh Babu Redyam - Managing Director
- Smitha Kareddy - Director
- Varalakshmi Redyam - Director
The CIN (Corporate Identification Number) of Nivista Technologies is U72200TG2002PTC039748. 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 Nivista Technologies is at Plot No.1090 Road No.55 Jubilee Hills Hyderabad – 34. Jubilee Hills Hyderabad – 3, 4., Telangana, India – 500034.
Nivista Technologies was incorporated on 10 October 2002. It is registered with the Registrar of Companies, Hyderabad.
Nivista Technologies can be reached through the website nivista.com. Its registered office is in Hyderabad, Telangana, India.
The latest financial statements of Nivista Technologies on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Nivista Technologies has 2 GST registrations on record and all of them are cancelled or inactive.
Nivista Technologies operated in the information technology industry, in the application development and software solutions segment. It worked in this industry before it was struck off.