About Nuevo Digital Solutions Private Limited
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Nuevo Digital Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the furniture retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 13 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2015PTC081539. Its GSTIN is 29AAECN9794R1Z3 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sandeep Sridhar and Radhika Mahadevan.
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 #302 Royal Castle #83 Kodihalli, Bangalore, Karnataka, India – 560008.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.51 Cr, a growth of 96% compared to the previous year. For the same year it recorded a net profit of ₹1.52 Lakh (net margin 0.4%) and EBITDA of ₹2.21 Lakh (EBITDA margin 0.6%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years and 67% over five years.
As per MCA filings, the company has open charges of ₹15 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website homecanvas.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address#302 Royal Castle #83 Kodihalli, Bangalore, Karnataka, India – 560008
- IndustryConsumer Electronics & Durables, Furniture Retail & Distribution
- 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 Nuevo Digital Solutions Private Limited
The main business activity of Nuevo Digital Solutions is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 Nuevo Digital Solutions Private Limited FY 2024 filings available
Nuevo Digital Solutions Private Limited reported revenue of ₹3.51 Cr (up 96% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Nuevo Digital Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 67% over five years, including 96% growth in the latest year. EBITDA rose 112% 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 Nuevo Digital Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹2.21 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.52 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 Nuevo Digital Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Nuevo Digital Solutions are in the company report.
Financial statements from FY 2016
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 Nuevo Digital Solutions Private Limited
Nuevo Digital Solutions Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Furniture Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| ZX Town Private Limited | ₹3.59 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Berhampur, Odisha, India |
| S A M Properties Private Limited | ₹3.56 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
| Palazzo Home Designs Private Limited | ₹3.54 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Ahmedabad, Gujarat, India |
| MKM Creations Private Limited | ₹3.52 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | New Delhi, Delhi, India |
| Kesar Work Empowerment Private Limited | ₹3.52 Cr (FY 2025) | •••• | •••• | 60.0% | •••• | Kirti Nagar, Delhi, India |
| Nuevo Digital Solutions Private Limited this company | ₹3.51 Cr (FY 2024) | •••• | •••• | 96.0% | •••• | Bangalore, Karnataka, India |
| Shlokam Enterprise Private Limited | ₹3.49 Cr (FY 2025) | •••• | •••• | -87.0% | •••• | Bangalore, Karnataka, India |
| Pravi Interior Solutions Private Limited | ₹3.45 Cr (FY 2025) | •••• | •••• | 130.0% | •••• | Raipur, Chhattisgarh, India |
| Hindustan Furniture Private Limited | ₹3.45 Cr (FY 2024) | •••• | •••• | 93.0% | •••• | Gopalganj, Bihar, India |
| True Furniture Private Limited | ₹3.43 Cr (FY 2025) | •••• | •••• | 148.0% | •••• | Secunderabad, Telangana, India |
| Mahavir Design System Private Limited | ₹3.42 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Nuevo Digital Solutions by revenue in the Consumer Durables industry (Furniture Retail and Distribution), 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 Nuevo Digital Solutions Private Limited
Nuevo Digital Solutions Private Limited is audited by Hingne Tare & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Hingne Tare & Associates | 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 Nuevo Digital Solutions Private Limited
Nuevo Digital Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Sridhar | Director | 13 Jul 2015 | 11 Years 3 Months | Current |
| Radhika Mahadevan Also directs: Birdsong Life Private Limited | Director | 13 Jul 2015 | 11 Years 3 Months | Current |
Ownership and Shareholding of Nuevo Digital Solutions 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 Nuevo Digital Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Dec 2024 | Others | ₹15 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Nuevo Digital Solutions Private Limited
Employment history and EPFO contributions of people linked to Nuevo Digital Solutions.
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 Nuevo Digital Solutions Private Limited
Nuevo Digital Solutions Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Radhika Mahadevan was appointed as Director on 13 Jul 2015.
Credit Ratings, Litigation & Regulatory Alerts for Nuevo Digital Solutions 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 Nuevo Digital Solutions 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 Nuevo Digital Solutions 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 Nuevo Digital Solutions Private Limited
Nuevo Digital Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECN9794R1Z3 | Karnataka | Active | 12 Jan 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 Nuevo Digital Solutions 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 Nuevo Digital Solutions Private Limited
Nuevo Digital Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in furniture retail and distribution, within the consumer electronics and durables industry. It was incorporated on 13 July 2015 (11+ years old) and is registered under CIN U74900KA2015PTC081539.
Nuevo Digital Solutions reported revenue of ₹3.51 Cr for FY 2024 (up 96% YoY).
Nuevo Digital Solutions has 2 current directors:
- Sandeep Sridhar - Director
- Radhika Mahadevan - Director
Nuevo Digital Solutions reported a net profit of ₹1.52 Lakh (net margin 0.4%) and EBITDA of ₹2.21 Lakh (EBITDA margin 0.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nuevo Digital Solutions is 49% over three years and 67% over five years. In the latest year (FY 2024) revenue rose 96%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nuevo Digital Solutions is 29AAECN9794R1Z3, registered in Karnataka.
The CIN (Corporate Identification Number) of Nuevo Digital Solutions is U74900KA2015PTC081539. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nuevo Digital Solutions was incorporated on 13 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Nuevo Digital Solutions by revenue are ZX Town Private Limited, S A M Properties Private Limited, Palazzo Home Designs Private Limited, MKM Creations Private Limited, Kesar Work Empowerment Private Limited and 5 more, all in the Consumer Durables industry (Furniture Retail and Distribution).
Radhika Mahadevan was appointed as Director on 13 Jul 2015. Sandeep Sridhar was appointed as Director on 13 Jul 2015.
Nuevo Digital Solutions can be reached through the website homecanvas.com. Its registered office is in Bangalore, Karnataka, India.