Ids Next Business Solutions Private Limited

Provides ERP and technology solutions for hospitality and leisure industries, with global presence and diverse clientele.

1992 | Bangaluru, Karnataka (India) | Active
Last Updated: November 15, 2024

Ids Next Business Solutions Profile

Key Indicators

  • Authorised Capital ₹ 3.60 Cr
  • Paid Up Capital ₹ 2.84 Cr
  • Company Age 32 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.22 Cr
  • Satisfied Charges ₹ 7.13 Cr
  • Revenue Growth 30.15%
  • Profit Growth -92.14%
  • Ebitda -10.78%
  • Net Worth 3.72%
  • Total Assets 15.33%

About Ids Next Business Solutions

Ids Next Business Solutions Private Limited (INBSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 November 1992 and has a history of 32 years and three months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Ids Softwares Private Limited. The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 3.60 Cr and a paid-up capital of Rs 2.84 Cr.

The company currently has active open charges totaling ₹6.22 Cr. The company has closed loans amounting to ₹7.13 Cr, as per Ministry of Corporate Affairs (MCA) records.

Anumolu Krishna, Binumathews, Jamshed Shaw, and Four other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    idsnext.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200KA1992PTC013696

  • Company No.

    013696

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Nov 1992

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Ids Next Business Solutions Private Limited offer?

Ids Next Business Solutions Private Limited offers a wide range of products and services, including Computer and Mobile Softwares & Apps, Hospitality Software, ERP Packages, Hotel Software, Restaurant Management Software, Financial Service, Financial Reports Services, Messaging Software, Bulk SMS Software.

Who are the key members and board of directors at Ids Next Business Solutions?

Board Members (7)

NameDesignationAppointment DateStatus
Vissal Mathew Country flag representing In Director 16-Nov-1992Current
Suresh John Country flag representing In Director 16-Nov-1992Current
Anumolu Krishna Country flag representing In Director 31-Oct-1997Current
Binumathews Country flag representing In Director 05-Jan-2015Current
Jamshed Shaw Country flag representing In Director 03-May-2022Current
Stephen Poonnen Country flag representing In Director 31-Oct-1997Current

Financial Performance of Ids Next Business Solutions.

Ids Next Business Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.15% increase. The company also saw a substantial fall in profitability, with a 92.14% decrease in profit. The company's net worth moved up by a moderate rise of 3.72%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
30.15%
Revenue from Operations
30.47%
Total Assets
15.33%
Profit or Loss
-92.14%
Net Worth
3.72%
EBITDA
-10.78%

What is the Ownership and Shareholding Structure of Ids Next Business Solutions?

In 2023, Ids Next Business Solutions had a promoter holding of 60.99% and a public holding of 39.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.22 Cr

Satisfied Charges

₹7.13 Cr

Charges Breakdown by Lending Institutions

  • Tdici Ltd. : 4.00 Cr
  • State Bank Of Mysore : 1.89 Cr
  • Hdfc Bank Limited : 0.23 Cr
  • Karnataka Financial Services Ltd. : 0.05 Cr
  • Karnataka Financial S. Ltd. : 0.05 Cr

Latest Charge Details

DateLenderAmountStatus
06 Jul 2022Hdfc Bank Limited₹2.25 MOpen
12 Jan 2000State Bank Of Mysore₹1.60 CrOpen
12 Jun 1998Tdici Ltd.₹4.00 CrOpen
28 Jun 1996State Bank Of Mysore₹0.93 MOpen
12 Dec 1995Karnataka Financial Services Ltd.₹0.52 MOpen

How Many Employees Work at Ids Next Business Solutions?

Ids Next Business Solutions has a workforce of 320 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ids Next Business Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ids Next Business Solutions's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Ids Next Business Solutions

Recent activity within the organization

  • Charges

    A charge registered on 16 Jun 2020 via Charge ID 100368094 with Others was fully satisfied on 08 Jan 2024.

    08 Jan 2024

  • Charges

    A charge registered on 28 Mar 2014 via Charge ID 10490309 with Corporation Bank was fully satisfied on 08 Jan 2024.

    08 Jan 2024

  • Annual General Meeting

    Ids Next Business Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Ids Next Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.23 Cr with Charge ID 100599359 was registered on 06 Jul 2022.

    06 Jul 2022

  • Charges

    A charge registered on 01 Oct 2009 via Charge ID 10183348 with Corporation Bank was fully satisfied on 26 Mar 2021.

    26 Mar 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Ids Next Business Solutions Private Limited was incorporated on 16 Nov 1992.

  • The authorized share capital of Ids Next Business Solutions Private Limited is ₹ 3.60 Cr and paid-up capital is ₹ 2.84 Cr.

  • Currently 7 directors are associated with Ids Next Business Solutions Private Limited.

    • Anumolu Balamurali Krishna
    • Binumathews
    • Jamshed Pesi Shaw
    • Suresh John
    • Vissal Mathew
    • Stephen Poonnen
    • Hiren Haresh Ved
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ids Next Business Solutions Private Limited is 2Nd Floor Mfar Green Heart Phase Iv Building Manyata Tech Park, Nagawara India, Bangalore North, Karnataka, 560045.

  • The corporate identification number (CIN) of Ids Next Business Solutions Private Limited is U72200KA1992PTC013696 and the company number is 013696 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ids Next Business Solutions Private Limited is https://www.idsnext.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ids Next Business Solutions Private Limited has risen by 30.15%.

  • As Per 2023 financial reports, 320 employees are currently employed by Ids Next Business Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ids Next Business Solutions Private Limited has experienced an upsurge of 3.72%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ids Next Business Solutions Private Limited amount to ₹ 6.22 Cr.

  • The most recent Balance Sheet for Ids Next Business Solutions Private Limited was filed with the ROC on 31 Mar 2023.