Nascent Info Technologies Private Limited

Software development, mobile applications, GIS, data center services, and consultancy for global clients.

2006 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 31, 2024

Nascent Info Technologies Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 18 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.50 Cr
  • Satisfied Charges ₹ 1.35 M
  • Revenue Growth -19.51%
  • Profit Growth -26.33%
  • Ebitda -22.24%
  • Net Worth 7.83%
  • Total Assets 9.60%

About Nascent Info Technologies

Nascent Info Technologies Private Limited (NITPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 July 2006 and has a history of 18 years and seven months. Its registered office is in Ahmedabad, Gujarat, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹9.50 Cr. The company has closed loans amounting to ₹1.35 M, as per Ministry of Corporate Affairs (MCA) records.

Bhavya Bhagat, Reetaben Bhagat, and Maulik Bhagat serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    nascentinfo.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200GJ2006PTC048723

  • Company No.

    048723

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Jul 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Information Technology

What products or services does Nascent Info Technologies Private Limited offer?

Nascent Info Technologies Private Limited offers a wide range of products and services, including Application Development Service, GIS Development Service, Mobile Application Development, Android Application Development Services, Software Development Services, Computer Software Designing Services.

Who are the key members and board of directors at Nascent Info Technologies?

Board Members (3)

NameDesignationAppointment DateStatus
Bhavya Bhagat Country flag representing In Director 23-Apr-2007Current
Reetaben Bhagat Country flag representing In Director 18-Jul-2006Current
Maulik Bhagat Country flag representing In Director 18-Jul-2006Current

Financial Performance of Nascent Info Technologies.

Nascent Info Technologies Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 19.51% decrease. The company also saw a substantial fall in profitability, with a 26.33% decrease in profit. The company's net worth moved up by a moderate rise of 7.83%.

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
-19.51%
Revenue from Operations
-19.92%
Total Assets
9.60%
Profit or Loss
-26.33%
Net Worth
7.83%
EBITDA
-22.24%

What is the Ownership and Shareholding Structure of Nascent Info Technologies?

Unlock access to Nascent Info Technologies's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹95.00 M

Satisfied Charges

₹1.35 M

Charges Breakdown by Lending Institutions

  • Others : 8.70 Cr
  • Bank Of India : 0.80 Cr

Latest Charge Details

DateLenderAmountStatus
13 Aug 2020Bank Of India₹8.00 MOpen
22 Feb 2017Others₹8.70 CrOpen
26 Sep 2018Others₹1.35 MSatisfied

How Many Employees Work at Nascent Info Technologies?

Nascent Info Technologies has a workforce of 59 employees as of Apr 09, 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 Nascent Info Technologies, 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 Nascent Info Technologies'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 Nascent Info Technologies

Recent activity within the organization

  • Annual General Meeting

    Nascent Info Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Nascent Info Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 26 Sep 2018 via Charge ID 100206428 with Others was fully satisfied on 03 Jun 2021.

    03 Jun 2021

  • Charges

    A charge with Others of Rs. 87.00 M registered on 22 Feb 2017 with Charge ID 100082980 was modified on 06 Jan 2021.

    06 Jan 2021

  • Charges

    A charge with Bank Of India amounted to Rs. 8.00 M with Charge ID 100390717 was registered on 13 Aug 2020.

    13 Aug 2020

  • Charges

    A charge with Others amounted to Rs. 1.35 M with Charge ID 100206428 was registered on 26 Sep 2018.

    26 Sep 2018

Recent News, Updates & Announcement

Frequently asked questions

  • Nascent Info Technologies Private Limited was incorporated on 18 Jul 2006.

  • The authorized share capital of Nascent Info Technologies Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 3 directors are associated with Nascent Info Technologies Private Limited.

    • Bhavya Maulikbhai Bhagat
    • Reetaben Parindubhai Bhagat
    • Maulik Parindu Bhagat
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nascent Info Technologies Private Limited is A-805 Supath Tower-Iv Nr.Chiman Patel Institute Op S.G.Highway, India, Ahmedabad, Gujarat, 380015.

  • The corporate identification number (CIN) of Nascent Info Technologies Private Limited is U72200GJ2006PTC048723 and the company number is 048723 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nascent Info Technologies Private Limited is https://www.nascentinfo.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nascent Info Technologies Private Limited has fallen by -19.51%.

  • As Per 2023 financial reports, 59 employees are currently employed by Nascent Info Technologies Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nascent Info Technologies Private Limited has experienced an upsurge of 7.83%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nascent Info Technologies Private Limited amount to ₹ 9.50 Cr.

  • The most recent Balance Sheet for Nascent Info Technologies Private Limited was filed with the ROC on 31 Mar 2024.