Nowit Services India Private Limited

Nowit Services India Private Limited - information technology in Vijayawada, Andhra Pradesh, India. FY 2026 financials & compliance.
CIN U72900AP2021PTC119655 Incorporated 07 October 2021 ROC Vijayawada HQ Vijayawada, Andhra Pradesh, India
Active Private Limited Company information technology DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2024
₹66.78 Lakh
▲ 25% YoY
Net loss · FY 2024
₹11,652
Net margin -0.2%
EBITDA · FY 2024
₹2.27 Lakh
EBITDA margin 3.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Nowit Services India Private Limited

Data last updated:

Nowit Services India Private Limited is a private limited company based in Vijayawada, Andhra Pradesh, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 07 October 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U72900AP2021PTC119655. Its GSTIN is 37AAHCN8486D1Z1 (Andhra Pradesh).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Padmavathi Kakani and Raghavendra Raju Kakani.

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 Vijayawada, Andhra Pradesh.

As per the financials filed for FY 2024, the company reported a revenue of ₹66.78 Lakh, a growth of 25% compared to the previous year. For the same year it recorded a net loss of ₹11,652 (net margin -0.2%) and EBITDA of ₹2.27 Lakh (EBITDA margin 3.4%).

Nowit Services India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-06-0037970).

Company details

CIN U72900AP2021PTC119655
Registration Number 119655
Incorporation Date 07 October 2021
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-AP-06-0037970

Recognitions & Rankings of Nowit Services India

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2022-23)
Udyam number
UDYAM-AP-06-0037970

Contact details

Nowit Services India Private Limited's registered office is in Vijayawada, Andhra Pradesh. Its e-mail address is in the company report.

  • Email
  • Registered Address
    17 – 6 – 284 – 1, Uma Shankar Nagar Revenue Ward – 17 Tadigadapa, Vijayawada, Andhra Pradesh, India – 520007
  • Industry
    Information Technology, IT Consulting & Support Services, Application Development & Software Solutions

To see the full contact details of Nowit Services India Private Limited, buy the company report.

Comprehensive company report
Nowit Services India 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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Business activity

The main business activity of Nowit Services India 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 Nowit Services India Private Limited, buy the company report.

Financials of Nowit Services India Private Limited

FY 2025 filings available

Nowit Services India Private Limited reported revenue of ₹66.78 Lakh (up 25% YoY) for FY 2024.

Revenue · FY 2024
₹66.78 Lakh ▲ 25%
Net loss · FY 2024
₹11,652 margin -0.2%
EBITDA · FY 2024
₹2.27 Lakh margin 3.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 25%
EBITDA CAGR growth
1 year
▼ 78%

Revenue rose 25% in the latest year. EBITDA fell 78% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22
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₹2.27 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹11,652
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 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin3.4%
Net Profit Margin-0.2%
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 Nowit Services India Private Limited, buy the company report.

Board of directors of Nowit Services India Private Limited

Nowit Services India has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Padmavathi KakaniDirector07 Oct 20215 Years 0 MonthsCurrent
Raghavendra Raju KakaniDirector07 Oct 20215 Years 0 MonthsCurrent

Peer comparison

Nowit Services India Private Limited is compared with the 7 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
Gensparc Technologies Private Limited₹66.83 Lakh (FY 2024)-3.0%Noida, Uttar Pradesh, India
One Umbrella Solutions Private Limited₹66.82 Lakh (FY 2023)14.0%New Delhi, Delhi, India
Blueweb IT Services Private Limited₹66.81 Lakh (FY 2024)14.0%Delhi, India
Axfone India Private Limited₹66.79 Lakh (FY 2021)-23.0%Mumbai, Maharashtra, India
Nowit Services India Private Limitedthis company₹66.78 Lakh (FY 2024)-₹11,652-0.2%25.0%Vijayawada, Andhra Pradesh, India
Shivam Infonet Private Limited₹66.76 Lakh (FY 2025)905.0%Ahmedabad, Gujarat, India
Laetitia Finserv Private Limited₹66.74 Lakh (FY 2022)Mumbai, Maharashtra, India
Signisys Consultancy Services Private Limited₹66.73 Lakh (FY 2025)1348.0%Noida, Uttar Pradesh, India

To see the full peer comparison of Nowit Services India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Nowit Services India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Nowit Services India Private Limited has 1 active EPFO establishment as of Apr 06, 2024.

Active EPFO establishments
1

GST

Nowit Services India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
37AAHCN8486D1Z1Andhra PradeshActive24 Mar 2022

To see the full GST registrations and return filing status of Nowit Services India Private Limited, buy the company report.

Recent activity

Nowit Services India Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Padmavathi Kakani was appointed as Director on 07 Oct 2021.

AGM
Nowit Services India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Nowit Services India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Vijayawada.
Appointed
Padmavathi Kakani was appointed as Director.
Appointed
Raghavendra Raju Kakani was appointed as Director.
Incorporation
07 Oct 2021
Nowit Services India Private Limited was registered on 07 Oct 2021 with Roc Vijayawada & aged 5 years 26 days as per MCA records.

Frequently asked questions

Nowit Services India is an active private limited company based in Vijayawada, Andhra Pradesh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 07 October 2021 (5+ years old) and is registered under CIN U72900AP2021PTC119655.

Nowit Services India has 2 current directors:

The latest financial statements of Nowit Services India 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 FY 2022 are in the company report.

The GSTIN of Nowit Services India is 37AAHCN8486D1Z1, registered in Andhra Pradesh.

The CIN (Corporate Identification Number) of Nowit Services India is U72900AP2021PTC119655. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Nowit Services India was incorporated on 07 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Vijayawada.

The peers of Nowit Services India by revenue are Gensparc Technologies Private Limited, One Umbrella Solutions Private Limited, Blueweb IT Services Private Limited, Axfone India Private Limited, Shivam Infonet Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).

Padmavathi Kakani was appointed as Director on 07 Oct 2021. Raghavendra Raju Kakani was appointed as Director on 07 Oct 2021.

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

Yes, Nowit Services India is registered as a micro enterprise under Udyam registration (number: UDYAM-AP-06-0037970).

The registered office of Nowit Services India is at 17 – 6 – 284 – 1, Uma Shankar Nagar Revenue Ward – 17 Tadigadapa, Vijayawada, Andhra Pradesh, India – 520007.