Nrinexus Business Services Private Limited

Nrinexus Business Services Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999MH2016PTC280524 Incorporated 02 May 2016 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2024
₹80,540
▼ 97% YoY
Net loss · FY 2024
₹10 Lakh
Latest filing
EBITDA · FY 2024
-₹9.99 Lakh
Latest filing
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Active GSTINs
2
GST registered

About Nrinexus Business Services Private Limited

Data last updated:

Nrinexus Business Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Delve Overseas Capital Ventures Private Limited. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 02 May 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC280524. Its GSTIN is 27AAFCN2167F1ZI (Maharashtra). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Manorama Ashvin Talati and Ashvin Kantilal Talati.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Platina Level 9 Plot No. C 59 G Block Bandra Curla Complex Bandra East, Mumbai, Maharashtra, India – 400051.

As per the financials filed for FY 2024, the company reported a revenue of ₹80,540, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹10 Lakh and EBITDA of -₹9.99 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 49% over three years and 21% over five years.

The company is associated with 1 brand: Nrinexus Business Services.

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

Company details

CIN U74999MH2016PTC280524
Registration Number 280524
Incorporation Date 02 May 2016
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Delve Overseas Capital Ventures Private Limited
Compliance Status Active Compliant

Contact details

Nrinexus Business Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is nrinexus.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Platina Level 9 Plot No. C 59 G Block Bandra Curla Complex Bandra East, Mumbai, Maharashtra, India – 400051
  • Industry
    Financial Services, Diversified Financial Services

To see the full contact details of Nrinexus Business Services Private Limited, buy the company report.

Comprehensive company report
Nrinexus Business Services 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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Brands

Nrinexus Business Services operates one associated brand: Nrinexus Business Services. Each brand links to its own profile.

BrandDescriptionWebsite
Provider of banking financial and insurance servicesnrinexus.com

Business activity

The main business activity of Nrinexus Business Services is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK7Financial Advisory, brokerage and Consultancy Services

To see the full business activity and turnover split of Nrinexus Business Services Private Limited, buy the company report.

Financials of Nrinexus Business Services Private Limited

FY 2024 filings available

Nrinexus Business Services Private Limited reported revenue of ₹80,540 (down 97% YoY) for FY 2024.

Revenue · FY 2024
₹80,540 ▼ 97%
Net loss · FY 2024
₹10 Lakh
EBITDA · FY 2024
-₹9.99 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 97%
3 years · compounded
▼ 49%
5 years · compounded
▼ 21%
EBITDA CAGR growth
1 year
▼ 928%
3 years · compounded
▼ 344%
5 years · compounded
▼ 31%

Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 97% fall in the latest year. EBITDA fell 928% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹9.99 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹10 Lakh
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 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin
Net Profit Margin
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 Nrinexus Business Services Private Limited, buy the company report.

Board of directors of Nrinexus Business Services Private Limited

Nrinexus Business Services has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Manorama Ashvin TalatiDirector29 Jul 20233 Years 3 MonthsCurrent
Ashvin Kantilal TalatiDirector30 Mar 20233 Years 7 MonthsCurrent

Auditor

Nrinexus Business Services Private Limited is audited by H A PARIKH & CO for the financial year 2020.

Auditor firmFinancial yearFirm registration number
H A PARIKH & COFY 2020146882W

Shareholding

The shareholding of Nrinexus Business Services Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Nrinexus Business Services Private Limited, buy the company report.

MSME payment delays

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

GST

Nrinexus Business Services has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AAFCN2167F1ZIMaharashtraActive18 May 2021
24AAFCN2167F1ZOGujaratActive01 Jun 2021

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

Recent activity

Nrinexus Business Services Private Limited has 7 board changes on record since 2017: 2 appointments and 5 cessations. The latest: Ashvin Kantilal Talati ceased to be Additional Director on 29 Sep 2023.

AGM
Nrinexus Business Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Nrinexus Business Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai I.
Ceased
Ashvin Kantilal Talati ceased to be Additional Director.
Ceased
Abhishek Vipul Chauhan ceased to be Director.
Appointed
Manorama Ashvin Talati was appointed as Director.
Appointed
Ashvin Kantilal Talati was appointed as Director.
Ceased
Manisha Anant Shah ceased to be Director.
Ceased
Ashish Hasmukhlal Shah ceased to be Director.
Ceased
Anant Hasmukhlal Shah ceased to be Director.
Incorporation
02 May 2016
Nrinexus Business Services Private Limited was registered on 02 May 2016 with Roc Mumbai I & aged 10 years 6 months as per MCA records.

Frequently asked questions

Nrinexus Business Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 02 May 2016 (10+ years old) and is registered under CIN U74999MH2016PTC280524.

Nrinexus Business Services has 2 current directors:

The latest financial statements of Nrinexus Business Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Nrinexus Business Services is 27AAFCN2167F1ZI, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAFCN2167F1ZO (Gujarat).

The CIN (Corporate Identification Number) of Nrinexus Business Services is U74999MH2016PTC280524. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Nrinexus Business Services was incorporated on 02 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.

Ashvin Kantilal Talati ceased to be Additional Director on 29 Sep 2023. Abhishek Vipul Chauhan ceased to be Director on 29 Jul 2023. Manorama Ashvin Talati was appointed as Director on 29 Jul 2023. Nrinexus Business Services has 7 board changes on record in total.

Nrinexus Business Services can be reached through the website nrinexus.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Nrinexus Business Services is at Platina Level 9 Plot No. C 59 G Block Bandra Curla Complex Bandra East, Mumbai, Maharashtra, India – 400051.

Nrinexus Business Services operates in the financial services industry, in the diversified financial services segment.