Nstore Retech Private Limited

Founded in 2017 and headquartered in Tamil Nadu, India.

2017 | Chennai, Tamil Nadu (India) | Active
Last Updated: June 26, 2024

Nstore Retech Profile

Key Indicators

  • Authorised Capital ₹ 5.50 M
  • Paid Up Capital ₹ 5.05 M
  • Company Age 7 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 7.00 M
  • Revenue Growth 280.09%
  • Profit Growth -18.33%
  • Ebitda -19.38%
  • Net Worth -10.51%
  • Total Assets 72.86%

About Nstore Retech

Nstore Retech Private Limited (NRPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 10 February 2017 (Seven years and 11 months 22 days old ). Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the E-Commerce 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 5.50 M and a paid-up capital of Rs 5.05 M.

The company has closed loans amounting to ₹7.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.


Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U72900TN2017PTC114903

  • Company No.

    114903

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Feb 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

E-Commerce

Who are the key members and board of directors at Nstore Retech?

Board Members (6)

Name Designation Appointment Date Status
Rangachari Narasimhan Country flag representing In Whole-Time Director 23-Sep-2022 Current
Pradeep Sampath Country flag representing In Whole-Time Director 09-Apr-2018 Current
Srinivasan Sudharsan Country flag representing In Whole-Time Director 02-Feb-2018 Current
Narasimhan Renukha Country flag representing In Whole-Time Director 10-Feb-2017 Current
Saranayaki Kumar Country flag representing In Director 10-Feb-2017 Current
Ramesh Mengawade Country flag representing In Nominee Director 03-Jul-2019 Current

Financial Performance of Nstore Retech.

Nstore Retech Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 280.09% increase. The company also saw a substantial fall in profitability, with a 18.33% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.51%.

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
280.09%
Revenue from Operations
279.70%
Total Assets
72.86%
Profit or Loss
-18.33%
Net Worth
-10.51%
EBITDA
-19.38%

What is the Ownership and Shareholding Structure of Nstore Retech?

In 2023, Nstore Retech had a promoter holding of 63.24% and a public holding of 36.76%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹7.00 M

Charges Breakdown by Lending Institutions

  • Others : 0.70 Cr

Latest Charge Details

Date Lender Amount Status
18 Aug 2021 Others ₹7.00 M Satisfied

How Many Employees Work at Nstore Retech?

Nstore Retech has a workforce of 60 employees as of Mar 29, 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 Nstore Retech, 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 Nstore Retech'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 Nstore Retech

Recent activity within the organization

  • Annual General Meeting

    Nstore Retech Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Nstore Retech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge registered on 18 Aug 2021 via Charge ID 100485413 with Others was fully satisfied on 18 Jun 2022.

    18 Jun 2022

  • Charges

    A charge with Others amounted to Rs. 7.00 M with Charge ID 100485413 was registered on 18 Aug 2021.

    18 Aug 2021

  • Director Appointment

    Ramesh Laxman Mengawade was appointed as a Nominee Director was appointed as a Nominee Director on 03 Jul 2019 & has been associated with this company since 5 years 7 months .

    03 Jul 2019

  • Director Appointment

    Pradeep Kumar Sampath was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 09 Apr 2018 & has been associated with this company since 6 years 9 months .

    09 Apr 2018

Recent News, Updates & Announcement

Frequently asked questions

  • Nstore Retech Private Limited was incorporated on 10 Feb 2017.

  • The authorized share capital of Nstore Retech Private Limited is ₹ 5.50 M and paid-up capital is ₹ 5.05 M.

  • Currently 6 directors are associated with Nstore Retech Private Limited.

    • Rangachari Lakshmi Narasimhan
    • Pradeep Kumar Sampath
    • Srinivasan Sudharsan
    • Narasimhan Renukha
    • Saranayaki Pradeep Kumar
    • Ramesh Laxman Mengawade
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nstore Retech Private Limited is No. 105 Third Floor Chamiers Road R. A. Puram, Chennai, Tamil Nadu, India, 600028.

  • The corporate identification number (CIN) of Nstore Retech Private Limited is U72900TN2017PTC114903 and the company number is 114903 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nstore Retech Private Limited is https://www.nstore.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nstore Retech Private Limited has risen by 280.09%.

  • As Per 2023 financial reports, 60 employees are currently employed by Nstore Retech Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nstore Retech Private Limited has experienced an downturn of -10.51%.

  • The most recent Balance Sheet for Nstore Retech Private Limited was filed with the ROC on 31 Mar 2023.