Nxgrade Digital Solutions Private Limited
About Nxgrade Digital Solutions Private Limited
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Nxgrade Digital Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 14 October 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2022PTC167064.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It is led by directors including Smitha Kandagal and Shiva Prasad Bevinmarad.
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 13/01 (954) 23rd A Main Road 4th T Block Jayanagar, Bangalore, Karnataka, India – 560041.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.75 Lakh, a decline of 78% compared to the previous year. For the same year it recorded a net loss of ₹3.16 Lakh (net margin -84.4%) and EBITDA of -₹3.06 Lakh (EBITDA margin -81.5%).
The company has about 1 employee on its provident fund (EPFO) records.
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- Registered Address13/01 (954) 23rd A Main Road 4th T Block Jayanagar, Bangalore, Karnataka, India – 560041
- IndustryInformation Technology, Other Computer Related Activities
- 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
The main business activity of Nxgrade Digital Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | 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
Financials of Nxgrade Digital Solutions Private Limited
FY 2025 filings availableNxgrade Digital Solutions Private Limited reported revenue of ₹3.75 Lakh (down 78% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 78% in the latest year. EBITDA fell 690% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2022-23 to FY 2023-24in the company report |
|---|---|---|
| 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 | -₹3.06 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹3.16 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 2024-25 | FY 2022-23 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -81.5% | |
| Net Profit Margin | -84.4% | |
| 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, and every line for FY 2022-23 to FY 2023-24, 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 Nxgrade Digital Solutions are in the company report.
: available in the company report
Board of Directors of Nxgrade Digital Solutions Private Limited
Nxgrade Digital Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Smitha Kandagal Also directs: Invicture Technologies Private Limited | Director | 14 Oct 2022 | 4 Years 0 Months | Current |
| Shiva Prasad Bevinmarad Also directs: Impetus Sporting Private Limited | Director | 14 Oct 2022 | 4 Years 0 Months | Current |
| Prashant Nagappa Kandagal Also directs: Invicture Technologies Private Limited | Director | 30 Sep 2025 | 1 Years 0 Months | Current |
Peer Comparison
Nxgrade Digital Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Diginova Control Automations Private Limited | ₹3.76 Lakh (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Lio Technologies Private Limited | ₹3.75 Lakh (FY 2023) | •••• | •••• | -48.0% | •••• | Rohtak, Haryana, India |
| Adira Innovations Private Limited | ₹3.75 Lakh (FY 2024) | •••• | •••• | -9.0% | •••• | Ahmedabad, Gujarat, India |
| Nxgrade Digital Solutions Private Limited this company | ₹3.75 Lakh (FY 2025) | •••• | •••• | -78.0% | •••• | Bangalore, Karnataka, India |
Peers are the companies nearest to Nxgrade Digital Solutions by revenue, above and below it, in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings
Nxgrade Digital Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Nxgrade Digital Solutions.
: available in the company report
Recent Activity
Nxgrade Digital Solutions Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Prashant Nagappa Kandagal was appointed as Director on 30 Sep 2025.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Nxgrade Digital Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 14 October 2022 (4+ years old) and is registered under CIN U72900KA2022PTC167064.
Nxgrade Digital Solutions has 3 current directors:
- Smitha Kandagal - Director
- Shiva Prasad Bevinmarad - Director
- Prashant Nagappa Kandagal - Director
The latest financial statements of Nxgrade Digital 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 FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Nxgrade Digital Solutions is U72900KA2022PTC167064. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nxgrade Digital Solutions was incorporated on 14 October 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Nxgrade Digital Solutions by revenue are Diginova Control Automations Private Limited, Lio Technologies Private Limited, Adira Innovations Private Limited, all in the same principal business activity (other professional, scientific and technical activities).
Prashant Nagappa Kandagal was appointed as Director on 30 Sep 2025. Shiva Prasad Bevinmarad was appointed as Director on 14 Oct 2022. Smitha Kandagal was appointed as Director on 14 Oct 2022.
The registered office of Nxgrade Digital Solutions is at 1301 954 23rd A Main Road 4th T Block Jayanagar, Bangalore, Karnataka, India – 560041.
Nxgrade Digital Solutions operates in the information technology industry, in the other computer related activities segment.
Nxgrade Digital Solutions can be reached at its registered office: 1301 954 23rd A Main Road 4th T Block Jayanagar, Bangalore, Karnataka, India – 560041.
Nxgrade Digital Solutions is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.