About Reznext Global Solutions Private Limited
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Reznext Global Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 27 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2012PTC065042. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹40.8 Cr and a paid-up capital of ₹30.47 Cr. It is led by directors including Nataraja Chetty Sukumar and Nagappan.
Its last annual general meeting (AGM) was held on 09 November 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 3rd Floor Snn Raj Pinnacle Plot No. 7F Phase 1 Doddanekundi Industrial Area, Bangalore, Karnataka, India – 560048.
As per the financials filed for FY 2019, the company reported a revenue of ₹2.69 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹87.75 Lakh (net margin -32.6%) and EBITDA of -₹1.11 Cr (EBITDA margin -41.3%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years.
The company has about 24 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: RezNext. Court records list 2 cases involving the company, including 2 filed against it. The company has 17 deals on record (7 funding rounds, 6 rights issues, 4 secondary share transfers), with disclosed funding of ₹43.92 Cr; the latest was in May 2018.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website reznext.com.
Company details
Contact details
Reznext Global Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is reznext.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address3rd Floor Snn Raj Pinnacle Plot No. 7F Phase 1 Doddanekundi Industrial Area, Bangalore, Karnataka, India – 560048
- IndustryInternet, Online Service Marketplaces
To see the full contact details of Reznext Global Solutions Private Limited, buy the company report.
- 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
Brands
Reznext Global Solutions operates one associated brand: RezNext. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real-time distribution management solutions are provided for hospitality. | reznext.com |
Business activity
The main business activity of Reznext Global Solutions 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 Reznext Global Solutions Private Limited, buy the company report.
Financials of Reznext Global Solutions Private Limited
FY 2019 filings availableReznext Global Solutions Private Limited reported revenue of ₹2.69 Cr (down 7% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over three years, including a 7% fall in the latest year. EBITDA rose 67% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profit and Loss Statement | |||||
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| Total Revenue | ₹2.69 Cr | ||||
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| EBITDA | -₹1.11 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹87.75 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -41.3% | ||||
| Net Profit Margin | -32.6% | ||||
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To see the full financial statements and ratios of Reznext Global Solutions Private Limited, buy the company report.
Board of directors of Reznext Global Solutions Private Limited
Reznext Global Solutions has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nataraja Chetty Sukumar | Director | 30 Mar 2022 | 4 Years 7 Months | Current |
| Nagappan | Additional Director | 07 Dec 2020 | 5 Years 11 Months | Current |
| Pandithurai Jegatheesan | Additional Director | 12 Nov 2019 | 7 Years 0 Months | Current |
Auditor
Reznext Global Solutions Private Limited is audited by M S K A & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & ASSOCIATES | FY 2019 | 105047W |
Shareholding
The shareholding of Reznext Global Solutions Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Reznext Global Solutions Private Limited, buy the company report.
Deals & funding
Reznext Global Solutions Private Limited has 17 deals on record (7 funding rounds, 6 rights issues, 4 secondary share transfers), with disclosed funding of ₹43.92 Cr; the latest was in May 2018.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2018 | Funding round | ₹19.7 Lakh | Investors: New Enterprise Associates |
| Nov 2017 | Funding round | ₹2 Cr | Investors: an individual |
| May 2016 | Funding round | ₹6.5 Cr | Investors: New Enterprise Associates |
| Nov 2014 | Funding round | ₹30.5 Cr | Investors: New Enterprise Associates |
| Aug 2014 | Rights issue | ₹2.02 Cr | Investors: Ids Next Business Solutions Private Limited , 3 individuals |
To see the full deal history of Reznext Global Solutions Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Reznext Global Solutions Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Arbitration matter | Filed against the company by an individual | Disposed |
| High Court of Delhi | Arbitration matter | Filed against the company by an individual | Disposed |
To see the full case history of Reznext Global Solutions 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
No delayed payments to MSME suppliers are on our record for Reznext Global Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Reznext Global Solutions Private Limited has a workforce of 24 employees on its EPFO records as of May 2020, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2020-21 | 24 |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Reznext Global Solutions Private Limited, buy the company report.
GST
Reznext Global Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Reznext Global Solutions Private Limited, buy the company report.
Recent activity
Reznext Global Solutions Private Limited has 16 board changes on record since 2014: 3 appointments and 13 cessations. The latest: Nataraja Chetty Sukumar was appointed as Director on 30 Mar 2022.
7 earlier events are in the company report.
Frequently asked questions
Reznext Global Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 27 July 2012 (14+ years old) and is registered under CIN U72200KA2012PTC065042.
Reznext Global Solutions has 3 current directors:
- Nataraja Chetty Sukumar - Director
- Nagappan - Additional Director
- Pandithurai Jegatheesan - Additional Director
The latest financial statements of Reznext Global Solutions on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 09 November 2019. Year-wise statements from 2015 are in the company report.
No. Reznext Global Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Reznext Global Solutions is U72200KA2012PTC065042. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reznext Global Solutions has 2 court cases on record: 2 filed against it.
Reznext Global Solutions was incorporated on 27 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Reznext Global Solutions has 17 deals on record (7 funding rounds, 6 rights issues, 4 secondary share transfers), with disclosed funding of ₹43.92 Cr; the latest was in May 2018.
Nataraja Chetty Sukumar was appointed as Director on 30 Mar 2022. Pandithurai Jegatheesan ceased to be Additional Director on 08 Oct 2021. Nagappan was appointed as Additional Director on 07 Dec 2020. Reznext Global Solutions has 16 board changes on record in total.
Reznext Global Solutions can be reached through the website reznext.com. Its registered office is in Bangalore, Karnataka, India.
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