DPIIT recognised startup Government of India
Startup India
Nowit Services India Private Limited
Nowit Services India Private Limited - information technology in Vijayawada, Andhra Pradesh, India. FY 2026 financials & compliance.
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
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 Address17 – 6 – 284 – 1, Uma Shankar Nagar Revenue Ward – 17 Tadigadapa, Vijayawada, Andhra Pradesh, India – 520007
- IndustryInformation 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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer 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 availableNowit 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 3.4% | ||
| 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
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Padmavathi Kakani | Director | 07 Oct 2021 | 5 Years 0 Months | Current |
| Raghavendra Raju Kakani | Director | 07 Oct 2021 | 5 Years 0 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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.
Legal cases
No court or tribunal cases involving Nowit Services India 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 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
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAHCN8486D1Z1 | Andhra Pradesh | Active | 24 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:
- Padmavathi Kakani - Director
- Raghavendra Raju Kakani - Director
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.
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