About Nueve IT Solutions Private Limited
Data last updated:
Nueve IT Solutions Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 26 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U72300AP2014PTC095903. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Balavenkata Krishna Poripireddy and Lakshmi Kallepalli.
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 2nd And 3rd Floor Door No 37 – 12 – 12/1 Nggos Colony Murali Nagar, Visakhapatnam, Andhra Pradesh, India – 530007.
As per the financials filed for FY 2020, the company reported a revenue of ₹84.05 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹2.02 Lakh (net margin -2.4%) and EBITDA of ₹1.29 Lakh (EBITDA margin 1.5%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 102% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Nueve Solutions.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nuevesolutions.com.
Company details
Contact details
Nueve IT Solutions Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its website is nuevesolutions.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address2nd And 3rd Floor Door No 37 – 12 – 12/1 Nggos Colony Murali Nagar, Visakhapatnam, Andhra Pradesh, India – 530007
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Nueve IT Solutions Private 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
Nueve IT Solutions operates one associated brand: Nueve Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides digital solutions and automation for financial institutions to enhance banking processes. | nuevesolutions.com |
Financials of Nueve IT Solutions Private Limited
FY 2025 filings availableNueve IT Solutions Private Limited reported revenue of ₹84.05 Lakh (up 5% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 102% over five years, including 5% growth in the latest year. EBITDA fell 42% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹84.05 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.29 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.02 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.5% | ||||
| Net Profit Margin | -2.4% | ||||
| 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 Nueve IT Solutions Private Limited, buy the company report.
Board of directors of Nueve IT Solutions Private Limited
Nueve IT Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balavenkata Krishna Poripireddy | Director | 26 Dec 2014 | 11 Years 10 Months | Current |
| Lakshmi Kallepalli | Director | 26 Dec 2014 | 11 Years 10 Months | Current |
Auditor
Nueve IT Solutions Private Limited is audited by THIRUPATHI & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THIRUPATHI & ASSOCIATES | FY 2019 | 013000S |
Shareholding
The shareholding of Nueve IT Solutions Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Nueve IT Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nueve IT Solutions 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 Nueve IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nueve IT Solutions Private Limited has a workforce of 19 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Nueve IT Solutions 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 Nueve IT Solutions Private Limited, buy the company report.
Recent activity
Nueve IT Solutions Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Balavenkata Krishna Poripireddy was appointed as Director on 26 Dec 2014.
Frequently asked questions
Nueve IT Solutions is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 26 December 2014 (12+ years old) and is registered under CIN U72300AP2014PTC095903.
Nueve IT Solutions has 2 current directors:
- Balavenkata Krishna Poripireddy - Director
- Lakshmi Kallepalli - Director
The latest financial statements of Nueve IT Solutions 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 2015 are in the company report.
No. Nueve IT Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Nueve IT Solutions is U72300AP2014PTC095903. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nueve IT Solutions was incorporated on 26 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Vijayawada.
Balavenkata Krishna Poripireddy was appointed as Director on 26 Dec 2014. Lakshmi Kallepalli was appointed as Director on 26 Dec 2014.
Nueve IT Solutions can be reached through the website nuevesolutions.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.
The registered office of Nueve IT Solutions is at 2nd And 3rd Floor Door No 37 – 12 – 121 Nggos Colony Murali Nagar, Visakhapatnam, Andhra Pradesh, India – 530007.
Nueve IT Solutions operates in the information technology industry, in the IT consulting and support services segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
