Nearex Technologies Private Limited

Revolutionizing cashless payments in emerging markets through software development and marketing services.

2015 | Bangaluru, Karnataka (India) | Active
Last Updated: January 01, 2025

Nearex Technologies Profile

Key Indicators

  • Authorised Capital ₹ 16.00 Cr
  • Paid Up Capital ₹ 1.02 Cr
  • Company Age 9 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 140.69%
  • Profit Growth 89.53%
  • Ebitda 140.64%
  • Net Worth -23.93%
  • Total Assets -0.91%

About Nearex Technologies

Nearex Technologies Private Limited (NTPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 May 2015 (Nine years and nine months 13 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Financial Services 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 16.00 Cr and a paid-up capital of Rs 1.02 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mahesh Jain, Arun Tanksali, and Mayank Sharma serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    nearex.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900KA2015PTC080309

  • Company No.

    080309

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 May 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services
Information Technology

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

Board Members (3)

NameDesignationAppointment DateStatus
Mayank Sharma Country flag representing In Director 13-May-2015Current
Mahesh Jain Country flag representing In Director 31-Mar-2023Current
Arun Tanksali Country flag representing In Whole-Time Director 13-May-2015Current

Financial Performance of Nearex Technologies.

Nearex Technologies Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 140.69% increase. The company also saw a substantial improvement in profitability, with a 89.53% increase in profit. The company's net worth observed a substantial decline by a decrease of 23.93%.

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
140.69%
Revenue from Operations
140.55%
Total Assets
-0.91%
Profit or Loss
89.53%
Net Worth
-23.93%
EBITDA
140.64%

What is the Ownership and Shareholding Structure of Nearex Technologies?

In 2019, Nearex Technologies had a promoter holding of 100.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Nearex Technologies?

Nearex Technologies has a workforce of 16 employees as of Apr 04, 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 Nearex 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 Nearex 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 Nearex Technologies

Recent activity within the organization

  • Annual General Meeting

    Nearex 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

    Nearex Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Mahesh Kumar Jain was appointed as a Director was appointed as a Director on 31 Mar 2023 & has been associated with this company since 1 year 10 months .

    31 Mar 2023

  • Director Appointment

    Arun Madhukar Tanksali was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 13 May 2015 & has been associated with this company since 9 years 9 months .

    13 May 2015

  • Director Appointment

    Mayank Sharma was appointed as a Director was appointed as a Director on 13 May 2015 & has been associated with this company since 9 years 9 months .

    13 May 2015

  • Company Incorporation

    Nearex Technologies Private Limited was registered on 13 May 2015 with Roc Bangalore & aged 9 years 9 months as per MCA records.

    13 May 2015

Frequently asked questions

  • Nearex Technologies Private Limited was incorporated on 13 May 2015.

  • The authorized share capital of Nearex Technologies Private Limited is ₹ 16.00 Cr and paid-up capital is ₹ 1.02 Cr.

  • Currently 3 directors are associated with Nearex Technologies Private Limited.

    • Mahesh Kumar Jain
    • Arun Madhukar Tanksali
    • Mayank Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nearex Technologies Private Limited is No. 5 2F Katha 10/5 Yashodhanagar Bellary Road, Bbmp Ward No.7 India, Bangalore North, Karnataka, 560064.

  • The corporate identification number (CIN) of Nearex Technologies Private Limited is U72900KA2015PTC080309 and the company number is 080309 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nearex Technologies Private Limited is https://www.nearex.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Nearex Technologies Private Limited has risen by 140.69%.

  • As Per 2022 financial reports, 16 employees are currently employed by Nearex Technologies Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Nearex Technologies Private Limited has experienced an downturn of -23.93%.

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