About NSE Infotech Services Limited
Data last updated:
NSE Infotech Services Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Nse Investments Limited. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 02 August 2006.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2006PLC163468. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹5 Lakh. It is led by directors including Kuppuswamy Shenbagaramakrishnan Somasundaram and Bharat Ramakant Upadhyay (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 30 May 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Exchange Plaza Plot C – 1 Block G Bandra – Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.07 Lakh, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹42,000 (net margin -20.3%) and EBITDA of -₹6.36 Lakh (EBITDA margin -307.2%). Revenue has declined at a compounded annual rate (CAGR) of 70% over three years and 80% over five years.
The company has about 120 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Exploride Technologies and NSE India. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2013.
The last known website on record is nseindia.com.
Company details
Contact details
NSE Infotech Services Limited's registered office is in Mumbai, Maharashtra. Its website is nseindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressExchange Plaza Plot C – 1 Block G Bandra – Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of NSE Infotech Services 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
NSE Infotech Services operates two associated brands: Exploride Technologies and NSE India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops heads-up display systems for automobiles. | exploride.com | |
| Stock exchange services including equities and derivatives are offered. | nseindia.com |
Financials of NSE Infotech Services Limited
FY 2024 filings availableNSE Infotech Services Limited reported revenue of ₹2.07 Lakh (down 79% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 80% over five years, including a 79% fall 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.07 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹6.36 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹42,000 | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -307.2% | ||||
| Net Profit Margin | -20.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of NSE Infotech Services Limited, buy the company report.
Board of directors of NSE Infotech Services Limited
NSE Infotech Services has 5 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kuppuswamy Shenbagaramakrishnan Somasundaram Also directs: National Coal Exchange of India Limited, NSE Investments Limited, NSE Sustainability Ratings & Analytics Limited and 1 more | Director | 15 Jul 2021 | 5 Years 3 Months | As last reported |
| Bharat Ramakant Upadhyay Also directs: My Own Eco-Energy Private Limited, Mumbai Mantra Media Limited | Irp/Rp/Liquidator | 04 Jul 2024 | 2 Years 3 Months | As last reported |
| Viral Mody Also directs: National Stock Exchange of India Ltd. | Director | 03 Apr 2023 | 3 Years 6 Months | As last reported |
| Mayur Yogendra Sindhwad | Director | 03 Apr 2023 | 3 Years 6 Months | As last reported |
| Shharad Ramchandra Dhakkate Also directs: National Coal Exchange of India Limited, NSE Administration and Supervision Limited, NSE Academy Limited and 2 more | Director | 28 Mar 2023 | 3 Years 6 Months | As last reported |
Auditor
NSE Infotech Services Limited is audited by Gokhale & Sathe for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gokhale & Sathe | FY 2023 | 103264W |
Shareholding
The shareholding of NSE Infotech Services Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of NSE Infotech Services Limited, buy the company report.
Deals & funding
NSE Infotech Services Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2013.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: NSE Investments Limited Seller: National Stock Exchange of India Ltd. |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
NSE Infotech Services Limited has 4 court cases on record: 3 filed by NSE Infotech Services, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed by the company against Prime Broking Company (India) Ltd. | Disposed |
| Bombay High Court | Company petition | Filed by the company against Prime Broking Company (India) Ltd. Cin No. U67120mh1994plc076046 | Disposed |
| Bombay High Court | Court case (OLR) | Filed against the company by Official Liquidator of Prime Broking Company (India) Ltd. Cin No. (in Liquidation) | Disposed |
To see the full case history of NSE Infotech Services 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 NSE Infotech Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
NSE Infotech Services Limited has a workforce of 120 employees on its EPFO records as of Mar 31, 2024, across 2 active EPFO establishments.
GST
NSE Infotech Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of NSE Infotech Services Limited, buy the company report.
Recent activity
NSE Infotech Services Limited has 25 board changes on record since 2007: 5 appointments and 20 cessations. The latest: Bharat Ramakant Upadhyay was appointed as Irp/Rp/Liquidator on 04 Jul 2024.
16 earlier events are in the company report.
News
Frequently asked questions
NSE Infotech Services is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
NSE Infotech Services is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 02 August 2006 and is registered under CIN U72900MH2006PLC163468. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
NSE Infotech Services has 5 current directors:
- Kuppuswamy Shenbagaramakrishnan Somasundaram - Director
- Viral Mody - Director
- Mayur Yogendra Sindhwad - Director
- Shharad Ramchandra Dhakkate - Director
- Bharat Ramakant Upadhyay - Irp/Rp/Liquidator
The latest financial statements of NSE Infotech Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 May 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of NSE Infotech Services is U72900MH2006PLC163468. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
NSE Infotech Services has 4 court cases on record: 3 filed by the company and 1 filed against it.
NSE Infotech Services was incorporated on 02 August 2006. It is registered with the Registrar of Companies, Mumbai.
NSE Infotech Services has 1 deal on record (1 secondary share transfer); the latest was in March 2013.
Bharat Ramakant Upadhyay was appointed as Irp/Rp/Liquidator on 04 Jul 2024. Mayur Yogendra Sindhwad ceased to be Additional Director on 16 Jul 2023. Shharad Ramchandra Dhakkate ceased to be Additional Director on 16 Jul 2023. NSE Infotech Services has 25 board changes on record in total.
NSE Infotech Services can be reached through the website nseindia.com. Its registered office is in Mumbai, Maharashtra, India.