
About Vistan Nextgen Private Limited
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Vistan Nextgen Private Limited is a private limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 18 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2019PTC131335. Its GSTIN is 36AAGCV8501L1ZZ (Telangana).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹32 Lakh. It is led by directors including Jayalaxmi Singam and Basiboina Sairam.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 8 – 3 – 483 486 To 502 Flat No 402 Suncity Apartments Yellareddy Guda, Hyderabad, Telangana, India – 500073.
As per the financials filed for FY 2023, the company reported a revenue of ₹44.87 Lakh, a decline of 56% compared to the previous year. For the same year it recorded a net loss of ₹88.13 Lakh (net margin -196.4%) and EBITDA of -₹35.83 Lakh (EBITDA margin -79.9%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years.
The company has about 20 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: VisTan NextGen. As per MCA filings, the company has open charges of ₹1.99 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Vistan Nextgen Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0010687). For more details, the company can be reached via its website vistannextgen.com.
Company details
Recognitions & Rankings of Vistan Nextgen
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TS-02-0010687
Contact details
Vistan Nextgen Private Limited's registered office is in Hyderabad, Telangana. Its website is vistannextgen.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address8 – 3 – 483 486 To 502 Flat No 402 Suncity Apartments Yellareddy Guda, Hyderabad, Telangana, India – 500073
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Vistan Nextgen 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
Vistan Nextgen operates one associated brand: VisTan NextGen. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Robotics, AI, and technology solutions manufacturing in India. | vistannextgen.com |
Business activity
The main business activity of Vistan Nextgen is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Vistan Nextgen Private Limited, buy the company report.
Financials of Vistan Nextgen Private Limited
FY 2023 filings availableVistan Nextgen Private Limited reported revenue of ₹44.87 Lakh (down 56% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 16% over three years, including a 56% fall in the latest year. EBITDA fell 186% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹44.87 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹35.83 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹88.13 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -79.9% | ||||
| Net Profit Margin | -196.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Vistan Nextgen Private Limited, buy the company report.
Board of directors of Vistan Nextgen Private Limited
Vistan Nextgen has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayalaxmi Singam | Director | 20 Dec 2019 | 6 Years 10 Months | Current |
| Basiboina Sairam | Director | 20 Dec 2019 | 6 Years 10 Months | Current |
| Sai Manjula Basiboyina Also directs: Vistan Distributions Private Limited, Vistan Omnitech Private Limited, Vistan AI Robotronix Private Limited and 1 more | Director | 18 Mar 2019 | 7 Years 7 Months | Current |
| Rama Raju Singam Also directs: Triaksh EV Solutions Private Limited, Vistan Distributions Private Limited, Vistan Omnitech Private Limited and 3 more | Director | 18 Mar 2019 | 7 Years 7 Months | Current |
Auditor
Vistan Nextgen Private Limited is audited by Gokul & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gokul & Associates | FY 2023 | 12845S |
Shareholding
The shareholding of Vistan Nextgen Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vistan Nextgen Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jul 2021 | 100461395 | Canara Bank | ₹1.99 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Vistan Nextgen Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad Central, Telangana | Court case (T.R.CRLMP) | Filed against the company by The Canara Bank | Disposed |
To see the full case history of Vistan Nextgen 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 Vistan Nextgen Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vistan Nextgen Private Limited has a workforce of 20 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Vistan Nextgen has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAGCV8501L1ZZ | Telangana | Active | 05 Apr 2019 |
To see the full GST registrations and return filing status of Vistan Nextgen Private Limited, buy the company report.
Recent activity
Vistan Nextgen Private Limited has 5 board changes on record since 2019: 4 appointments and 1 cessation. The latest: Koosi Jaswanth ceased to be Director on 14 Feb 2020.
Frequently asked questions
Vistan Nextgen is an active private limited company based in Hyderabad, Telangana, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 18 March 2019 (7+ years old) and is registered under CIN U72200TG2019PTC131335.
Vistan Nextgen has 4 current directors:
- Jayalaxmi Singam - Director
- Basiboina Sairam - Director
- Sai Manjula Basiboyina - Director
- Rama Raju Singam - Director
The latest financial statements of Vistan Nextgen on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Vistan Nextgen is 36AAGCV8501L1ZZ, registered in Telangana.
The CIN (Corporate Identification Number) of Vistan Nextgen is U72200TG2019PTC131335. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vistan Nextgen has 1 court case on record: 1 filed against it.
Vistan Nextgen was incorporated on 18 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Hyderabad.
Koosi Jaswanth ceased to be Director on 14 Feb 2020. Basiboina Sairam was appointed as Director on 20 Dec 2019. Jayalaxmi Singam was appointed as Director on 20 Dec 2019. Vistan Nextgen has 5 board changes on record in total.
Yes, Vistan Nextgen is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Vistan Nextgen is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-02-0010687).