About Nowfloats Technologies Limited
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Nowfloats Technologies Limited is a public limited company based in Hyderabad, Telangana, India, a subsidiary of Reliance Industries Limited. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 09 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2012PLC080822. Its GSTIN is 36AAECN0044J1ZN (Telangana). The company holds 25 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹47.5 Lakh and a paid-up capital of ₹20.46 Lakh. It was formerly known as Nowfloats Technologies Private Limited. It is led by directors including Nitin Jain (Whole-Time Director) and Ravi Navinchandra Karia.
Its last annual general meeting (AGM) was held on 03 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2026, the company reported a revenue of ₹18.58 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹2 Lakh (net margin 0.1%) and EBITDA of ₹2.73 Cr (EBITDA margin 14.7%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 8% over five years.
The company has about 118 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: Ardhim Biz, Navitus LMS and NowFloats. As per MCA filings, the company has satisfied charges of ₹10.75 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 16 deals on record (7 secondary share transfers, 5 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹171.14 Cr; the latest was in January 2021.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nowfloats.com.
Company details
CIN history
Nowfloats Technologies has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U72200TG2012PLC080822, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2012PLC080822 | Current |
| U72200AP2012PTC080822 | Previous |
| U72200TG2012PTC080822 | Previous |
Contact details
Nowfloats Technologies Limited's registered office is in Hyderabad, Telangana. Its website is nowfloats.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressVamsirams Jubilee Casa, Plot No. 1246 Road No. 62, Hyderabad, Telangana, India – 500033
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Nowfloats Technologies 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
Nowfloats Technologies operates multiple associated brands including Ardhim Biz, Navitus LMS, and NowFloats. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a digital hub providing specialized services for manufacturing businesses. | ardhim.biz | |
| Offers e-learning and school management solutions for educational institutions. | navituslms.com | |
| Provider of SaaS platform for online website creation | nowfloats.com |
Business activity
The main business activity of Nowfloats Technologies is information and communication. In detail, this covers information service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service activities |
To see the full business activity and turnover split of Nowfloats Technologies Limited, buy the company report.
Financials of Nowfloats Technologies Limited
FY 2026 filings availableNowfloats Technologies Limited reported revenue of ₹18.58 Cr (down 15% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 32% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹18.58 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.73 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.7% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Nowfloats Technologies Limited, buy the company report.
Board of directors of Nowfloats Technologies Limited
Nowfloats Technologies has 7 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Jain | Whole-Time Director | 20 Apr 2020 | 6 Years 6 Months | Current |
| Ravi Navinchandra Karia Also directs: C-Square Info-Solutions Limited, Surajya Services Limited, Vasyerp Solutions Private Limited and 2 more | Director | 16 Oct 2021 | 5 Years 0 Months | Current |
| Balasubrmanian Chandrasekaran Also directs: Mayuri Kumkum Limited, Mesindus Ventures Limited, Reliance Sibur Elastomers Private Limited and 2 more | Director | 30 Jun 2023 | 3 Years 4 Months | Current |
| Kshitij Marwah Also directs: Skymet Weather Services Private Limited, Asteria Aerospace Limited, Animus Energy Private Limited and 1 more | Director | 11 Dec 2019 | 6 Years 11 Months | Current |
| Anish Keshavlal Shah Also directs: Shopsense Retail Technologies Limited, Reliance Digital Health Limited, Reliance Intelligence Limited and 5 more | Director | 12 Jan 2024 | 2 Years 9 Months | Current |
| Ronak Kumar Samantray | Director | 09 May 2012 | 14 Years 6 Months | Current |
Auditor
Nowfloats Technologies Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2026 | 117366W/W-100018 |
Shareholding
The shareholding of Nowfloats Technologies Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nowfloats Technologies Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Feb 2018 | 100157296 | Others | ₹10 Cr | Satisfied | |
| 30 Jan 2017 | 100097035 | Hdfc Bank Limited | ₹75 Lakh | Satisfied |
To see the full charge records of Nowfloats Technologies Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Nowfloats Technologies Limited has 16 deals on record (7 secondary share transfers, 5 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹171.14 Cr; the latest was in January 2021.
Deals on record (5 of 16)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2021 | Rights issue | ₹204.22 Cr | Investors: Reliance Retail Ventures Limited, Reliance Retail Ventures Limited & Sridhar Kothandaraman, Reliance Retail Ventures Limited & Rajendra Madhav Kamath Seller: Reliance Strategic Business Ventures Limited , Reliance Strategic Business Ventures Limited & Sudhakar Saraswatula, Reliance Strategic Business Ventures Limited & Vishal Kumar |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Artha India Ventures Seller: an individual |
| Feb 2018 | Debt financing | ₹10 Cr | Investors: Blacksoil Group |
| Jul 2017 | Secondary share transfer | Undisclosed | Buyer: Iron Pillar Seller: IIFL Cash Opportunity Fund |
| Mar 2014 | Funding round · Series A | ₹1.71 Cr | Investors: Blume Ventures, Asiatic Oxygen Ltd , 2 individuals |
To see the full deal history of Nowfloats Technologies 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
Nowfloats Technologies Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Nowfloats Technologies 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
No delayed payments to MSME suppliers are on our record for Nowfloats Technologies Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nowfloats Technologies Limited has a workforce of 118 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 118 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 |
To see the full employee and EPFO history of Nowfloats Technologies Limited, buy the company report.
GST
Nowfloats Technologies has 25 GST registrations: 1 active and 24 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECN0044J1ZN | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nowfloats Technologies Limited, buy the company report.
Recent activity
Nowfloats Technologies Limited has 21 board changes on record since 2012: 7 appointments and 14 cessations. The latest: Anish Keshavlal Shah ceased to be Additional Director on 25 Aug 2024.
16 earlier events are in the company report.
News
Frequently asked questions
Nowfloats Technologies is an active public limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 09 May 2012 (14+ years old) and is registered under CIN U72200TG2012PLC080822.
Nowfloats Technologies has 7 current directors:
- Nitin Jain - Whole-Time Director
- Ravi Navinchandra Karia - Director
- Balasubrmanian Chandrasekaran - Director
- Kshitij Marwah - Director
- Anish Keshavlal Shah - Director
- Ronak Kumar Samantray - Director
- Ravichandran Nageswaran - Director
The latest financial statements of Nowfloats Technologies on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 03 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nowfloats Technologies is 36AAECN0044J1ZN, registered in Telangana. The company has 25 GST registrations in all, of which 1 is active and 24 are cancelled or inactive.
The CIN (Corporate Identification Number) of Nowfloats Technologies is U72200TG2012PLC080822. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nowfloats Technologies has 1 court case on record: 1 filed against it. 1 is pending.
Nowfloats Technologies was incorporated on 09 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Hyderabad.
Nowfloats Technologies has 16 deals on record (7 secondary share transfers, 5 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹171.14 Cr; the latest was in January 2021.
Anish Keshavlal Shah ceased to be Additional Director on 25 Aug 2024. Anish Keshavlal Shah was appointed as Director on 12 Jan 2024. Balasubrmanian Chandrasekaran ceased to be Additional Director on 07 Sep 2023. Nowfloats Technologies has 21 board changes on record in total.
Nowfloats Technologies can be reached through the website nowfloats.com. Its registered office is in Hyderabad, Telangana, India.
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