MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-20-0110439
Nxsol Private Limited - information technology in Rajkot, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹39.44 Lakh
▲ 61% YoY
Net profit · FY 2024
₹84,588
Net margin 2.1%
EBITDA · FY 2024
₹1.13 Lakh
EBITDA margin 2.9%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Nxsol Private Limited
Data last updated:
Nxsol Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 29 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2020PTC114242. Its GSTIN is 24AAGCN9983Q1ZE (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jayesh Rameshchandra Vyas and Mitsu Jayesh Vyas.
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 Shop No – 212 Shivalik – 8 Chandan Park Main Road, Rajkot, Gujarat, India – 360005.
As per the financials filed for FY 2024, the company reported a revenue of ₹39.44 Lakh, a growth of 61% compared to the previous year. For the same year it recorded a net profit of ₹84,588 (net margin 2.1%) and EBITDA of ₹1.13 Lakh (EBITDA margin 2.9%).
The company is associated with 1 brand: NXSOL Private Limited.
Nxsol Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0110439). For more details, the company can be reached via its website nxsol.com.
Company details
CIN U72900GJ2020PTC114242
Registration Number 114242
Incorporation Date 29 June 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-GJ-20-0110439
Recognitions & Rankings of Nxsol
Contact details
Nxsol Private Limited's registered office is in Rajkot, Gujarat. Its website is nxsol.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No – 212 Shivalik – 8 Chandan Park Main Road, Rajkot, Gujarat, India – 360005
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Nxsol Private Limited, buy the company report.
Comprehensive company report
Nxsol 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
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Brands
Nxsol operates one associated brand: NXSOL Private Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Software and web services focused on development and hiring in India. | nxsol.com |
Business activity
The main business activity of Nxsol is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Nxsol Private Limited, buy the company report.
Financials of Nxsol Private Limited
FY 2025 filings availableNxsol Private Limited reported revenue of ₹39.44 Lakh (up 61% YoY) for FY 2024.
Revenue · FY 2024
₹39.44 Lakh ▲ 61%
Net profit · FY 2024
₹84,588 margin 2.1%
EBITDA · FY 2024
₹1.13 Lakh margin 2.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 61%
EBITDA CAGR growth
1 year
▲ 100%
3 years · compounded
▲ 122%
Revenue rose 61% in the latest year. EBITDA rose 100% 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 |
|---|---|---|---|---|
| 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 | ₹1.13 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹84,588 | |||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 2.9% | |||
| Net Profit Margin | 2.1% | |||
| 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 Nxsol Private Limited, buy the company report.
Board of directors of Nxsol Private Limited
Nxsol has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayesh Rameshchandra Vyas | Director | 29 Jun 2020 | 6 Years 4 Months | Current |
| Mitsu Jayesh Vyas | Director | 29 Jun 2020 | 6 Years 4 Months | Current |
Auditor
Nxsol Private Limited is audited by L G VARANDANI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| L G VARANDANI & CO | FY 2023 | 123203W |
Shareholding
The shareholding of Nxsol Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Nxsol Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nxsol 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 Nxsol Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nxsol Private Limited has 1 active EPFO establishment as of Mar 28, 2024.
Active EPFO establishments
1
GST
Nxsol has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCN9983Q1ZE | Gujarat | Active | 26 Sep 2022 |
To see the full GST registrations and return filing status of Nxsol Private Limited, buy the company report.
Recent activity
Nxsol Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Jayesh Rameshchandra Vyas was appointed as Director on 29 Jun 2020.
AGM
Nxsol Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Nxsol Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Jayesh Rameshchandra Vyas was appointed as Director.
Appointed
Mitsu Jayesh Vyas was appointed as Director.
Incorporation
29 Jun 2020
Nxsol Private Limited was registered on 29 Jun 2020 with Roc Ahmedabad & aged 6 years 4 months as per MCA records.
Frequently asked questions
Nxsol is an active private limited company based in Rajkot, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 29 June 2020 (6+ years old) and is registered under CIN U72900GJ2020PTC114242.
Nxsol has 2 current directors:
- Jayesh Rameshchandra Vyas - Director
- Mitsu Jayesh Vyas - Director
The latest financial statements of Nxsol 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 2021 are in the company report.
The GSTIN of Nxsol is 24AAGCN9983Q1ZE, registered in Gujarat.
The CIN (Corporate Identification Number) of Nxsol is U72900GJ2020PTC114242. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nxsol was incorporated on 29 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Jayesh Rameshchandra Vyas was appointed as Director on 29 Jun 2020. Mitsu Jayesh Vyas was appointed as Director on 29 Jun 2020.
Yes, Nxsol is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-20-0110439).
Nxsol can be reached through the website nxsol.com. Its registered office is in Rajkot, Gujarat, India.
The registered office of Nxsol is at Shop No – 212 Shivalik – 8 Chandan Park Main Road, Rajkot, Gujarat, India – 360005.
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