MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0053032
Nxtify Technologies Private Limited - e-commerce in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹69.02 Cr
▲ 24% YoY
Net profit · FY 2024
₹3.45 Cr
Net margin 5%
EBITDA · FY 2024
₹4.89 Cr
EBITDA margin 7.1%
Authorised capital
₹4 Lakh
Registered with MCA
Paid-up capital
₹1.06 Lakh
Issued & subscribed
Open charges
₹3.9 Cr
Satisfied ₹45 Lakh
Company age
12 yrs
Est. 2014
Employees · EPFO
47
Provident fund records
About Nxtify Technologies Private Limited
Data last updated:
Nxtify Technologies Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 02 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2014PTC077515. Its GSTIN is 29AAECN7985J1ZM (Karnataka).
The company has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹1.06 Lakh. It is led by directors Ashish Kumar (Whole-Time Director) and Shankar Singh (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bengaluru, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹69.02 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹3.45 Cr (net margin 5%) and EBITDA of ₹4.89 Cr (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 94% over five years.
The company has about 47 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: ExtraPe and Paisawapas. As per MCA filings, the company has open charges of ₹3.9 Cr and satisfied charges of ₹45 Lakh on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending. The company has 1 deal on record (1 funding round); the latest was in January 2017. The company has 10 MSME Form 1 returns on record between 2019 and 2024, listing 23 overdue payments to 10 micro and small suppliers.
Nxtify Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0053032). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paisawapas.com.
Company details
CIN U72200KA2014PTC077515
Registration Number 077515
Incorporation Date 02 December 2014
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 October 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0053032
Recognitions & Rankings of Nxtify Technologies
Contact details
Nxtify Technologies Private Limited's registered office is in Bengaluru, Karnataka. Its website is paisawapas.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address1034A Third Floor Sri Sai Arcade 24th Main 9th Cross Sector – 1 Hsr Layo, UT, Bengaluru, Karnataka, India – 560102
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Nxtify Technologies Private Limited, buy the company report.
Comprehensive company report
Nxtify Technologies 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
Nxtify Technologies operates two associated brands: ExtraPe and Paisawapas. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An app-based platform for sharing and discovering social deals on a variety of products. | extrape.com | |
| Online deals and coupons discovery platform for multi-category products and services | paisawapas.com |
Business activity
The main business activities of Nxtify Technologies are information and communication and trade. In detail, this covers other information & communication service activities and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Nxtify Technologies Private Limited, buy the company report.
Financials of Nxtify Technologies Private Limited
FY 2025 filings availableNxtify Technologies Private Limited reported revenue of ₹69.02 Cr (up 24% YoY) for FY 2024.
Revenue · FY 2024
₹69.02 Cr ▲ 24%
Net profit · FY 2024
₹3.45 Cr margin 5%
EBITDA · FY 2024
₹4.89 Cr margin 7.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 47%
5 years · compounded
▲ 94%
EBITDA CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 251%
5 years · compounded
▲ 86%
Revenue has grown at a compounded annual rate (CAGR) of 94% over five years, including 24% growth in the latest year. EBITDA rose 15% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹69.02 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.89 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.45 Cr | ||||
| 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 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | ||||
| Net Profit Margin | 5% | ||||
| 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 Nxtify Technologies Private Limited, buy the company report.
Board of directors of Nxtify Technologies Private Limited
Nxtify Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Kumar | Whole-Time Director | 29 Aug 2016 | 10 Years 1 Months | Current |
| Shankar Singh Also directs: Reward Pixel Technologies Private Limited | Whole-Time Director | 29 Aug 2016 | 10 Years 1 Months | Current |
Auditor
Nxtify Technologies Private Limited is audited by Ashish Piyush Sanjay And Co for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ashish Piyush Sanjay And Co | FY 2024 | 014609S |
Shareholding
The shareholding of Nxtify Technologies Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nxtify Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.9 Cr
Satisfied charges
₹45 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jan 2025 | 101060349 | Others | ₹90 Lakh | Open | |
| 20 Sep 2022 | 100609695 | Others | ₹2.99 Cr | Open | |
| 30 Jul 2022 | 100642622 | Others | ₹1.1 Lakh | Open | |
| 06 Feb 2021 | 100411813 | Others | ₹45 Lakh | Satisfied |
To see the full charge records of Nxtify Technologies Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Nxtify Technologies Private Limited has 1 deal on record (1 funding round); the latest was in January 2017.
Total deals
1
Funding round
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2017 | Funding round | Undisclosed | Investors: Vividhity Ventures Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nxtify Technologies Private Limited has 4 court cases on record: 3 filed by Nxtify Technologies, 1 filed against it. 1 case is pending and 3 are disposed.
Total cases
4
Filed by the company
3
Filed against the company
1
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Patna High Court | Court case (CWJC) | Filed by the company against Kotak Mahindra Bank Limited, and 6 others | Disposed |
| Patna High Court | Court case (CWJC) | Filed by the company against Icici Bank Limited, 273, and 4 others | Disposed |
| High Court, KARNATAKA | Writ petition | Filed by the company against Icici Bank Limited, and 8 others | Disposed |
| Patna High Court | Court case (MJC) | Filed against the company by The Union of India | Pending |
To see the full case history of Nxtify Technologies Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Nxtify Technologies Private Limited has 10 MSME Form 1 returns on record between 2019 and 2024, listing 23 overdue payments to 10 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Technosense Media Private Limited | |||
| Dream Road Technologies Private Limited | |||
| Handy Online Solutions Private Limited | |||
| an individual supplier | |||
| Hi7 Ventures LLP |
To see the full MSME payment records of Nxtify Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Nxtify Technologies Private Limited has a workforce of 47 employees on its EPFO records as of Sep 24, 2025, across 1 active EPFO establishment.
Employee count
47
Active EPFO establishments
1
Employee growth
30.56%
GST
Nxtify Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECN7985J1ZM | Karnataka | Active | 19 Sep 2017 |
To see the full GST registrations and return filing status of Nxtify Technologies Private Limited, buy the company report.
Recent activity
Nxtify Technologies Private Limited has 5 board changes on record since 2015: 2 appointments and 3 cessations. The latest: Manish Srivastava ceased to be Director on 30 Nov 2016.
Charges
A charge with Others of Rs. 299.00 Lakh registered on 20 Sep 2022 with Charge ID 100609695 was modified on 31 Aug 2026.
AGM
Nxtify Technologies Private Limited last Annual general meeting of members was held on 30 Oct 2025 as per latest MCA records.
Filing
Nxtify Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 90.00 Lakh with Charge ID 101060349 was registered on 28 Jan 2025.
Charges
A charge with Others amounted to Rs. 299.00 Lakh with Charge ID 100609695 was registered on 20 Sep 2022.
Charges
A charge with Others amounted to Rs. 1.10 Lakh with Charge ID 100642622 was registered on 30 Jul 2022.
Charges
A charge registered on 06 Feb 2021 via Charge ID 100411813 with Others was fully satisfied on 19 Jun 2021.
Charges
A charge with Others amounted to Rs. 45.00 Lakh with Charge ID 100411813 was registered on 06 Feb 2021.
Ceased
Manish Srivastava ceased to be Director.
Appointed
Ashish Kumar was appointed as Whole-Time Director.
Appointed
Shankar Singh was appointed as Whole-Time Director.
Ceased
Neeraj Gupta ceased to be Director.
2 earlier events are in the company report.
Frequently asked questions
Nxtify Technologies is an active private limited company based in Bengaluru, Karnataka, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 02 December 2014 (12+ years old) and is registered under CIN U72200KA2014PTC077515.
Nxtify Technologies has 2 current directors:
- Ashish Kumar - Whole-Time Director
- Shankar Singh - Whole-Time Director
The latest financial statements of Nxtify Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 October 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nxtify Technologies is 29AAECN7985J1ZM, registered in Karnataka.
The CIN (Corporate Identification Number) of Nxtify Technologies is U72200KA2014PTC077515. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nxtify Technologies has 4 court cases on record: 3 filed by the company and 1 filed against it. 1 is pending.
Nxtify Technologies was incorporated on 02 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Nxtify Technologies has 1 deal on record (1 funding round); the latest was in January 2017.
Manish Srivastava ceased to be Director on 30 Nov 2016. Ashish Kumar was appointed as Whole-Time Director on 29 Aug 2016. Shankar Singh was appointed as Whole-Time Director on 29 Aug 2016. Nxtify Technologies has 5 board changes on record in total.
Yes, Nxtify Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0053032).
Nxtify Technologies has 10 MSME Form 1 returns on record between 2019 and 2024, listing 23 overdue payments to 10 micro and small suppliers. The latest return was filed on 30 Apr 2024.