About Nseg Private Limited
Data last updated:
Nseg Private Limited is a foreign private limited company based in Ahmedabad, Gujarat, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 27 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U40106GJ2018FTC104967. Its GSTIN is 24AAGCN2662L1ZA (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Piyushkumar Natavarlal Patel and Ashishkumar Rajendrakumar Patel.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹43.14 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹38.79 Lakh (net margin 0.9%) and EBITDA of ₹1.34 Cr (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 14% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: NSEG. As per MCA filings, the company has open charges of ₹2.66 Cr and satisfied charges of ₹4.75 Cr on record.
For more details, the company can be reached via its website nsegindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address12th Floor Office No. 1206 Fortune Business Hub Near Science City Next To Shukan Palace, Bunglow, Ahmedabad, Gujarat, India – 380060
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management, Business Process Outsourcing
- 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
- One PDF report, delivered after checkout
Business Activity of Nseg Private Limited
The main business activity of Nseg is support service to organizations. In detail, this covers office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N6 | Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Nseg Private Limited FY 2025 filings available
Nseg Private Limited reported revenue of ₹43.14 Cr (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Nseg Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 20% growth in the latest year. EBITDA rose 1% 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 of Nseg Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹1.34 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹38.79 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 of Nseg Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Nseg are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Nseg Private Limited
Nseg Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Diversified BPO, HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Smmarine Exports Private Limited | ₹43.21 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Kalla, Andhra Pradesh, India |
| Asiapacific Business Services Private Limited | ₹43.18 Cr (FY 2023) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Trayee Business Solutions Private Limited | ₹43.16 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Chennai, Tamil Nadu, India |
| K S Multifacility Services Private Limited | ₹43.16 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Gurgaon, Haryana, India |
| Abacus Staffing & Services Private Limited | ₹43.14 Cr (FY 2024) | •••• | •••• | -6.0% | •••• | Hyderabad, Telangana, India |
| Nseg Private Limited this company | ₹43.14 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Ahmedabad, Gujarat, India |
| M S Vigilant Security Placement Detective Services Private Limited | ₹43.11 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | New Delhi, Delhi, India |
| Atotech Global Services Private Limited | ₹43.03 Cr (FY 2025) | •••• | •••• | •••• | Gurgaon, Haryana, India | |
| Blucognition Private Limited | ₹42.99 Cr (FY 2024) | •••• | •••• | -12.0% | •••• | Pune, Maharashtra, India |
| SKR Workforce Private Limited | ₹42.96 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Bayleaf HR Solutions Private Limited | ₹42.9 Cr (FY 2024) | •••• | •••• | 106.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Nseg by revenue in the Outsourcing industry (Diversified BPO, HR Outsourcing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Nseg Private Limited
Nseg Private Limited is audited by BHARAT V SHAH & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BHARAT V SHAH & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Nseg Private Limited
Nseg has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyushkumar Natavarlal Patel Also directs: Sunboost Private Limited | Director | 27 Oct 2018 | 7 Years 11 Months | Current |
| Ashishkumar Rajendrakumar Patel | Additional Director | 07 Aug 2020 | 6 Years 2 Months | Current |
| Kiran Bhalchandra Bhavsar | Additional Director | 14 Aug 2023 | 3 Years 2 Months | Current |
Ownership and Shareholding of Nseg Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Nseg Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jul 2021 | Axis Bank Limited | ₹2.66 Cr | Open |
| 17 Aug 2020 | Axis Bank Limited | ₹4.75 Cr | Satisfied |
Total charge records: 2 View all charges
Associated Brands with Nseg Private Limited
Nseg operates one associated brand: NSEG. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers outsourced customer service, back-office processes, and flexible support solutions. | nsegindia.com |
Employees and EPFO Compliance at Nseg Private Limited
Nseg Private Limited has a workforce of 2 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Nseg Private Limited
Nseg Private Limited has 5 board changes on record since 2018: 4 appointments and 1 cessation. The latest: Kiran Bhalchandra Bhavsar was appointed as Additional Director on 14 Aug 2023.
Credit Ratings, Litigation & Regulatory Alerts for Nseg Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Nseg Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Nseg Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Nseg Private Limited
Nseg has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCN2662L1ZA | Gujarat | Active | 26 Dec 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Nseg Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Nseg Private Limited
Nseg is an active foreign private limited company based in Ahmedabad, Gujarat, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 27 October 2018 (8+ years old) and is registered under CIN U40106GJ2018FTC104967.
Nseg reported revenue of ₹43.14 Cr for FY 2025 (up 20% YoY).
Nseg has 3 current directors:
- Piyushkumar Natavarlal Patel - Director
- Ashishkumar Rajendrakumar Patel - Additional Director
- Kiran Bhalchandra Bhavsar - Additional Director
Nseg reported a net profit of ₹38.79 Lakh (net margin 0.9%) and EBITDA of ₹1.34 Cr (EBITDA margin 3.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nseg is 19% over three years and 14% over five years. In the latest year (FY 2025) revenue rose 20%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nseg is 24AAGCN2662L1ZA, registered in Gujarat.
The CIN (Corporate Identification Number) of Nseg is U40106GJ2018FTC104967. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nseg was incorporated on 27 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Nseg by revenue are Smmarine Exports Private Limited, Asiapacific Business Services Private Limited, Trayee Business Solutions Private Limited, K S Multifacility Services Private Limited, Abacus Staffing & Services Private Limited and 5 more, all in the Outsourcing industry (Diversified BPO, HR Outsourcing).
Kiran Bhalchandra Bhavsar was appointed as Additional Director on 14 Aug 2023. Ajaysinh Bhanwarsinh Rajput ceased to be Director on 07 Aug 2020. Ashishkumar Rajendrakumar Patel was appointed as Additional Director on 07 Aug 2020. Nseg has 5 board changes on record in total.
Nseg can be reached through the website nsegindia.com. Its registered office is in Ahmedabad, Gujarat, India.