Nkonnect Infoway Private Limited

Nkonnect Infoway Private Limited - information technology in Rajkot, Gujarat, India. FY 2026 financials & compliance.
CIN U72200GJ2011PTC064656 Incorporated 29 March 2011 ROC Ahmedabad HQ Rajkot, Gujarat, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2022
₹11.03 Lakh
▼ 75% YoY
Net loss · FY 2022
₹71,453
Net margin -6.5%
EBITDA · FY 2022
-₹55,740
EBITDA margin -5.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Satisfied charges
₹12 Lakh
No open charges
Company age
15 yrs
Est. 2011
Directors on board
2
As per MCA filings

About Nkonnect Infoway Private Limited

Data last updated:

Nkonnect Infoway Private Limited is a private limited company based in Rajkot, Gujarat, India, recognised as a startup by DPIIT. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 29 March 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2011PTC064656. Its GSTIN is 24AADCN5854F1ZI (Gujarat).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Urmila Pravinchandra Rughani and Devang Pravinbhai Rughani.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Vinod 4/6 Kishan Para Municipal Staff Colony, Rajkot, Gujarat, India – 360001.

As per the financials filed for FY 2022, the company reported a revenue of ₹11.03 Lakh, a decline of 75% compared to the previous year. For the same year it recorded a net loss of ₹71,453 (net margin -6.5%) and EBITDA of -₹55,740 (EBITDA margin -5.1%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years and 24% over five years.

The company is associated with 1 brand: Nkonnect. As per MCA filings, the company has satisfied charges of ₹12 Lakh on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nkonnect.net.

Company Details of Nkonnect Infoway Private Limited
CIN U72200GJ2011PTC064656
Registration Number 064656
Incorporation Date 29 March 2011
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    Vinod 4/6 Kishan Para Municipal Staff Colony, Rajkot, Gujarat, India – 360001
  • Industry
    Information Technology, Software Development & Support Services
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Financials, compliance, directors, charges, ownership and filings for Nkonnect Infoway Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with Nkonnect Infoway Private Limited

Nkonnect Infoway operates one associated brand: Nkonnect. Each brand links to its own profile.

BrandDescriptionWebsite
Technology solutions for SMBsnkonnect.net

Business Activity of Nkonnect Infoway Private Limited

The main business activity of Nkonnect Infoway is information and communication. In detail, this covers data processing, hosting and related activities; web portal.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ7Data processing, hosting and related activities; web portalLocked
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Auditor Details of Nkonnect Infoway Private Limited

Nkonnect Infoway Private Limited is audited by HIREN THAKKER & ASSOCIATES for the financial year 2017.

NameStatusAppointment DateCessation Date
HIREN THAKKER & ASSOCIATESLockedLockedLocked
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Board of Directors of Nkonnect Infoway Private Limited

Nkonnect Infoway has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Urmila Pravinchandra RughaniDirector29 Mar 201115 Years 6 MonthsCurrent
Devang Pravinbhai RughaniDirector29 Mar 201115 Years 6 MonthsCurrent

Financials of Nkonnect Infoway Private Limited FY 2022 filings available

Nkonnect Infoway Private Limited reported revenue of ₹11.03 Lakh (down 75% YoY) for FY 2022.

Revenue · FY 2022
₹11.03 Lakh ▼ 75%
Net loss · FY 2022
₹71,453 margin -6.5%
EBITDA · FY 2022
-₹55,740 margin -5.1%

Compounded Annual Growth Rate (CAGR) of Nkonnect Infoway Private Limited

Revenue CAGR growth
1 year
▼ 75%
3 years · compounded
▼ 30%
5 years · compounded
▼ 24%
EBITDA CAGR growth
1 year
▼ 130%
3 years · compounded
▼ 27%
5 years · compounded
▼ 16%

Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 75% fall in the latest year. EBITDA fell 130% 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 of Nkonnect Infoway Private Limited

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
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-₹55,740••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹71,453••••••••••••••••
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 of Nkonnect Infoway Private Limited

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin-5.1%••••••••••••••••
Net Profit Margin-6.5%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Nkonnect Infoway are in the company report.

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Ownership and Shareholding of Nkonnect Infoway Private Limited

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Charges & Borrowings of Nkonnect Infoway Private Limited

Open charges
None
Satisfied charges
₹12 Lakh
Breakdown by lending institutions
City Union Bank Limited₹0.12 Cr
Latest charge details
DateLenderAmountStatus
13 Feb 2013City Union Bank Limited₹12 LakhSatisfied

Total charge records: 1 View all charges

Employees and EPFO Compliance at Nkonnect Infoway Private Limited

Employment history and EPFO contributions of people linked to Nkonnect Infoway.

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GST Compliance of Nkonnect Infoway Private Limited

Nkonnect Infoway has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AADCN5854F1ZIGujaratActive01 Jul 2017
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Credit Ratings, Litigation & Regulatory Alerts for Nkonnect Infoway Private Limited

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MSME Payment Delays by Nkonnect Infoway Private Limited

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Subsidiaries & Group Companies of Nkonnect Infoway Private Limited

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MCA Filings & Documents of Nkonnect Infoway Private Limited

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Recent Activity on Nkonnect Infoway Private Limited

Activity
30 Sep 2022
Nkonnect Infoway Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Activity
31 Mar 2022
Nkonnect Infoway Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.
Charges
06 Mar 2018
A charge registered on 13 Feb 2013 via Charge ID 10410243 with City Union Bank Limited was fully satisfied on 06 Mar 2018.
Charges
11 Dec 2014
A charge with City Union Bank Limited of Rs. 12.00 Lakh registered on 13 Feb 2013 with Charge ID 10410243 was modified on 11 Dec 2014.
Charges
13 Feb 2013
A charge with City Union Bank Limited amounted to Rs. 12.00 Lakh with Charge ID 10410243 was registered on 13 Feb 2013.
Directors
29 Mar 2011
Urmila Pravinchandra Rughani was appointed as a Director on 29 Mar 2011 & has been associated with this company since 15 years 6 months.

Frequently Asked Questions about Nkonnect Infoway Private Limited

Nkonnect Infoway is an active private limited company based in Rajkot, Gujarat, India. The company works in software development and support services, within the information technology industry. It was incorporated on 29 March 2011 (15+ years old) and is registered under CIN U72200GJ2011PTC064656.

Nkonnect Infoway reported revenue of ₹11.03 Lakh for FY 2022 (down 75% YoY).

Nkonnect Infoway has 2 current directors:

Nkonnect Infoway reported a net loss of ₹71,453 (net margin -6.5%) and EBITDA of -₹55,740 (EBITDA margin -5.1%) for FY 2022, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Nkonnect Infoway is -30% over three years and -24% over five years. In the latest year (FY 2022) revenue fell 75%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Nkonnect Infoway is 24AADCN5854F1ZI, registered in Gujarat.

The CIN (Corporate Identification Number) of Nkonnect Infoway is U72200GJ2011PTC064656. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Nkonnect Infoway was incorporated on 29 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Yes, Nkonnect Infoway is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

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