Nstore Retech Profile
Key Indicators
- Authorised Capital ₹ 5.65 M
- Paid Up Capital ₹ 5.31 M
- Company Age 8 Year, 27 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 9.00 M
- 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 (Eight years 27 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 2024. It's a company limited by shares with an authorized capital of Rs 5.65 M and a paid-up capital of Rs 5.31 M.
The company currently has active open charges totaling ₹9.00 M. The company has closed loans amounting to ₹7.00 M, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Nstore Retech Private Limited India is Pradeep Sampath as CEO. Narasimhan Renukha, Ramesh Mengawade, Saranayaki Kumar, and Three other members serve as directors at the Company.
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
26 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
E-Commerce
Who are the key members and board of directors at Nstore Retech?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pradeep Sampath  | CEO | 30-Apr-2024 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Narasimhan Renukha | Whole-Time Director | 10-Feb-2017 | Current |
| Ramesh Mengawade | Nominee Director | 03-Jul-2019 | Current |
| Saranayaki Kumar | Director | 10-Feb-2017 | Current |
| Srinivasan Sudharsan | Whole-Time Director | 02-Feb-2018 | Current |
| Pradeep Sampath | Whole-Time Director and Ceo | 09-Apr-2018 | Current |
| Rangachari Narasimhan | Whole-Time Director | 23-Sep-2022 | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
Opus Solutions Private LimitedRamesh Mengawade is a mutual person
Opus Rural FoundationRamesh Mengawade is a mutual person
Opus Software Solutions Private LimitedRamesh Mengawade is a mutual person
Univarrg Technologies Private LimitedNarasimhan Renukha and Saranayaki Kumar are mutual person
- Xmile Associates Private Limited
Narasimhan Renukha and Srinivasan Sudharsan are mutual person
- Snipe Kuhlanudasha Private Limited
Narasimhan Renukha is a mutual person
Charges (Loans)
Open Charges
₹9.00 M
Satisfied Charges
₹7.00 M
Charges Breakdown by Lending Institutions
- City Union Bank Limited : 0.90 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Dec 2024 | City Union Bank Limited | ₹9.00 M | Open |
| 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.
Deals i
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
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
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
- Charges
A charge with City Union Bank Limited amounted to Rs. 9.00 M with Charge ID 101026639 was registered on 09 Dec 2024.
- Annual General Meeting
Nstore Retech Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.
- Director Appointment
Pradeep Kumar Sampath was appointed as a Ceo was appointed as a Ceo on 30 Apr 2024 & has been associated with this company since 10 months 9 days .
- Balance Sheet
Nstore Retech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Director Appointment
Rangachari Lakshmi Narasimhan was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 23 Sep 2022 & has been associated with this company since 2 years 5 months .
- Charges
A charge registered on 18 Aug 2021 via Charge ID 100485413 with Others was fully satisfied on 18 Jun 2022.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Nstore Retech Private Limited?
Nstore Retech Private Limited was incorporated on 10 Feb 2017.
What is authorized share capital and paid-up capital of Nstore Retech Private Limited?
The authorized share capital of Nstore Retech Private Limited is ₹ 5.65 M and paid-up capital is ₹ 5.31 M.
Who are the current board members & directors of Nstore Retech Private Limited?
Currently 7 directors are associated with Nstore Retech Private Limited.
- Narasimhan Renukha
- Ramesh Laxman Mengawade
- Saranayaki Pradeep Kumar
- Srinivasan Sudharsan
- Pradeep Kumar Sampath
- Rangachari Lakshmi Narasimhan
- Pradeep Kumar Sampath
What is the registered address of Nstore Retech Private Limited?
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 India, Chennai, Tamil Nadu, 600028.
What is the corporate identification number (CIN) and company number of Nstore Retech Private Limited?
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).
What is the official website of Nstore Retech Private Limited?
The Official website of Nstore Retech Private Limited is https://www.nstore.in
What has been the recent revenue trend for Nstore Retech Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Nstore Retech Private Limited has risen by 280.09%.
How many employees does Nstore Retech Private Limited currently have?
As Per 2023 financial reports, 60 employees are currently employed by Nstore Retech Private Limited.
What change has been observed in the net worth of Nstore Retech Private Limited, and by what percentage?
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%.
What are the total open charges for Nstore Retech Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Nstore Retech Private Limited amount to ₹ 9.00 M.
When was the last Balance Sheet of Nstore Retech Private Limited filed with the ROC?
The most recent Balance Sheet for Nstore Retech Private Limited was filed with the ROC on 31 Mar 2024.