Nitco Outsourcing Private Limited

Provides software development, app creation, IT and admin services, support, and consultancy for global clients.

2017 | Hyderabad, Telangana (India) | Active
Last Updated: December 10, 2024

Nitco Outsourcing Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 4 Months
  • Last Filing with ROC 31 Mar 2021
  • Revenue Growth 2.87%
  • Profit Growth 53.34%
  • Ebitda 15.29%
  • Net Worth 32.87%
  • Total Assets 97.07%

About Nitco Outsourcing

Nitco Outsourcing Private Limited (NOPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 October 2017 (Seven years and four months 10 days old ). Its registered office is in Hyderabad, Telangana, 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 2021. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Ram Pinnapureddy, Shailender Pinnapureddy, and Chandrasekhar Yatagiri serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    nitcoinc.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900TG2017PTC120146

  • Company No.

    120146

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Oct 2017

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology
Business Outsourcing

Who are the key members and board of directors at Nitco Outsourcing?

Financial Performance of Nitco Outsourcing.

Nitco Outsourcing Private Limited, for the financial year ended 2021, experienced modest growth in revenue, with a 2.87% increase. The company also saw a substantial improvement in profitability, with a 53.34% increase in profit. The company's net worth Soared by an impressive increase of 32.87%.

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
2.87%
Revenue from Operations
2.87%
Total Assets
97.07%
Profit or Loss
53.34%
Net Worth
32.87%
EBITDA
15.29%

What is the Ownership and Shareholding Structure of Nitco Outsourcing?

In 2021, Nitco Outsourcing had a promoter holding of 100.00%. 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 Nitco Outsourcing?

Nitco Outsourcing has a workforce of 85 employees as of Apr 01, 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 Nitco Outsourcing, 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 Nitco Outsourcing'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 Nitco Outsourcing

Recent activity within the organization

  • Annual General Meeting

    Nitco Outsourcing Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Nitco Outsourcing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Hyderabad.

    31 Mar 2021

  • Director Appointment

    Chandrasekhar Yatagiri was appointed as a Director was appointed as a Director on 01 Oct 2020 & has been associated with this company since 4 years 4 months .

    01 Oct 2020

  • Director Appointment

    Ram Reddy Pinnapureddy was appointed as a Director was appointed as a Director on 08 Jan 2018 & has been associated with this company since 7 years 1 month .

    08 Jan 2018

  • Director Appointment

    Shailender Reddy Pinnapureddy was appointed as a Director was appointed as a Director on 20 Oct 2017 & has been associated with this company since 7 years 4 months .

    20 Oct 2017

  • Company Incorporation

    Nitco Outsourcing Private Limited was registered on 20 Oct 2017 with Roc Hyderabad & aged 7 years 4 months as per MCA records.

    20 Oct 2017

Frequently asked questions

  • What is the Incorporation or founding date of Nitco Outsourcing Private Limited?

    Nitco Outsourcing Private Limited was incorporated on 20 Oct 2017.

  • What is authorized share capital and paid-up capital of Nitco Outsourcing Private Limited?

    The authorized share capital of Nitco Outsourcing Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Nitco Outsourcing Private Limited?

    Currently 3 directors are associated with Nitco Outsourcing Private Limited.

    • Ram Reddy Pinnapureddy
    • Shailender Reddy Pinnapureddy
    • Chandrasekhar Yatagiri
  • What is the registered address of Nitco Outsourcing Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Nitco Outsourcing Private Limited is Flat No:514 515 Abacus It Park, 5Th Floor India, Ida Uppal, Telangana, 500039.

  • What is the corporate identification number (CIN) and company number of Nitco Outsourcing Private Limited?

    The corporate identification number (CIN) of Nitco Outsourcing Private Limited is U72900TG2017PTC120146 and the company number is 120146 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Nitco Outsourcing Private Limited?

    The Official website of Nitco Outsourcing Private Limited is https://www.nitcoinc.com

  • What has been the recent revenue trend for Nitco Outsourcing Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Nitco Outsourcing Private Limited has risen by 2.87%.

  • How many employees does Nitco Outsourcing Private Limited currently have?

    As Per 2021 financial reports, 85 employees are currently employed by Nitco Outsourcing Private Limited.

  • What change has been observed in the net worth of Nitco Outsourcing Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Nitco Outsourcing Private Limited has experienced an upsurge of 32.87%.

  • When was the last Balance Sheet of Nitco Outsourcing Private Limited filed with the ROC?

    The most recent Balance Sheet for Nitco Outsourcing Private Limited was filed with the ROC on 31 Mar 2021.

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