MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-07-0025591
NXG Labs Private Limited - information technology in Shegaon, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹26.9 Lakh
▼ 61% YoY
Net loss · FY 2024
₹3.79 Lakh
Net margin -14.1%
EBITDA · FY 2024
-₹8,830
EBITDA margin -0.3%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹1.09 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About NXG Labs Private Limited
Data last updated:
NXG Labs Private Limited is a private limited company based in Shegaon, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 07 October 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U72300MH2013PTC248906. Its GSTIN is 27AAECN7332B1ZQ (Maharashtra).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.09 Lakh. It is led by directors Amol Samadhan Shejole and Vivek Samadhan Shejole.
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 Kalpade Jeen Shegaon Dist. Buldana, Maharashtra, India – 444302.
As per the financials filed for FY 2024, the company reported a revenue of ₹26.9 Lakh, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹3.79 Lakh (net margin -14.1%) and EBITDA of -₹8,830 (EBITDA margin -0.3%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 21% over five years.
The company is associated with 1 brand: NXG Labs.
NXG Labs Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-07-0025591). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nxglabs.in.
Company details
CIN U72300MH2013PTC248906
Registration Number 248906
Incorporation Date 07 October 2013
ROC Nagpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-07-0025591
Recognitions & Rankings of NXG Labs
Contact details
NXG Labs Private Limited's registered office is in Shegaon, Maharashtra. Its website is nxglabs.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressKalpade Jeen Shegaon Dist. Buldana, Maharashtra, India – 444302
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of NXG Labs Private Limited, buy the company report.
Comprehensive company report
NXG Labs 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
NXG Labs operates one associated brand: NXG Labs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive web and mobile application development, along with web hosting services. | nxglabs.in |
Business activity
The main business activity of NXG Labs is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of NXG Labs Private Limited, buy the company report.
Financials of NXG Labs Private Limited
FY 2024 filings availableNXG Labs Private Limited reported revenue of ₹26.9 Lakh (down 61% YoY) for FY 2024.
Revenue · FY 2024
₹26.9 Lakh ▼ 61%
Net loss · FY 2024
₹3.79 Lakh margin -14.1%
EBITDA · FY 2024
-₹8,830 margin -0.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 61%
3 years · compounded
▼ 26%
5 years · compounded
▼ 21%
EBITDA CAGR growth
1 year
▼ 101%
3 years · compounded
▲ 44%
5 years · compounded
▲ 74%
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 61% fall in the latest year. EBITDA fell 101% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹8,830 | ||||
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| Net Profit (PAT) | -₹3.79 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -0.3% | ||||
| Net Profit Margin | -14.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of NXG Labs Private Limited, buy the company report.
Board of directors of NXG Labs Private Limited
NXG Labs has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amol Samadhan Shejole Also directs: Teamo Solutions Private Limited | Director | 07 Oct 2013 | 13 Years 0 Months | Current |
| Vivek Samadhan Shejole | Director | 07 Oct 2013 | 13 Years 0 Months | Current |
Peer comparison
NXG Labs Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Qubik Engineering Services Private Limited | ₹26.94 Lakh (FY 2019) | 14.0% | Bangalore, Karnataka, India | |||
| Diggaj Coder Private Limited | ₹26.92 Lakh (FY 2025) | 34.0% | Mumbai, Maharashtra, India | |||
| Browse Consulting (India) Private Limited | ₹26.92 Lakh (FY 2025) | 290.0% | Bangalore, Karnataka, India | |||
| NXG Labs Private Limitedthis company | ₹26.9 Lakh (FY 2024) | -₹3.79 Lakh | -14.1% | -61.0% | Shegaon, Maharashtra, India | |
| MSM IT Solutions Private Limited | ₹26.89 Lakh (FY 2024) | -71.0% | Hyderabad, Telangana, India | |||
| Confluex Marketing Private Limited | ₹26.89 Lakh (FY 2024) | 137.0% | Bhubaneswar, Odisha, India | |||
| Avidonsenor Technology Private Limited | ₹26.88 Lakh (FY 2024) | 40.0% | Pune, Maharashtra, India | |||
| Webaroon Private Limited | ₹26.88 Lakh (FY 2025) | -23.0% | Faridabad, Haryana, India | |||
| Techdcrypt Services Private Limited | ₹26.86 Lakh (FY 2025) | 4366.0% | Gopalganj, Bihar, India |
To see the full peer comparison of NXG Labs Private Limited, buy the company report.
Auditor
NXG Labs Private Limited is audited by CHARKHA & GATTANI for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHARKHA & GATTANI | FY 2019 | 140607W |
Shareholding
The shareholding of NXG Labs 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 NXG Labs Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving NXG Labs 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 NXG Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
NXG Labs Private Limited has 1 active EPFO establishment as of Apr 03, 2024.
Active EPFO establishments
1
GST
NXG Labs has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECN7332B1ZQ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of NXG Labs Private Limited, buy the company report.
Recent activity
NXG Labs Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Amol Samadhan Shejole was appointed as Director on 07 Oct 2013.
AGM
Nxg Labs Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Nxg Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Nagpur.
Appointed
Amol Samadhan Shejole was appointed as Director.
Appointed
Vivek Samadhan Shejole was appointed as Director.
Incorporation
07 Oct 2013
Nxg Labs Private Limited was registered on 07 Oct 2013 with Roc Nagpur & aged 13 years 18 days as per MCA records.
Frequently asked questions
NXG Labs is an active private limited company based in Shegaon, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 07 October 2013 (13+ years old) and is registered under CIN U72300MH2013PTC248906.
NXG Labs has 2 current directors:
- Amol Samadhan Shejole - Director
- Vivek Samadhan Shejole - Director
The latest financial statements of NXG Labs 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 2015 are in the company report.
The GSTIN of NXG Labs is 27AAECN7332B1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of NXG Labs is U72300MH2013PTC248906. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
NXG Labs was incorporated on 07 October 2013, making it 13+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of NXG Labs by revenue are Qubik Engineering Services Private Limited, Diggaj Coder Private Limited, Browse Consulting (India) Private Limited, MSM IT Solutions Private Limited, Confluex Marketing Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Amol Samadhan Shejole was appointed as Director on 07 Oct 2013. Vivek Samadhan Shejole was appointed as Director on 07 Oct 2013.
Yes, NXG Labs is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-07-0025591).
NXG Labs can be reached through the website nxglabs.in. Its registered office is in Shegaon, Maharashtra, India.
The registered office of NXG Labs is at Kalpade Jeen Shegaon Dist. Buldana, Maharashtra, India – 444302.