Nxtbillion Commerce Private Limited

Global retail and wholesale trading of various goods, with a focus on India.

2019 | Bangaluru, Karnataka (India) | Active
Last Updated: December 28, 2024

Nxtbillion Commerce Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 5 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.00 M
  • Revenue Growth -82.29%
  • Profit Growth 254.57%
  • Ebitda -7228.92%
  • Net Worth 179.52%
  • Total Assets -77.05%

About Nxtbillion Commerce

Nxtbillion Commerce Private Limited (NCPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 March 2019 (Five years and 11 months 26 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Consumer Goods 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 ₹5.00 M.

Mirai Rao and Subramanya Rao serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999KA2019PTC122082

  • Company No.

    122082

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Mar 2019

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Goods

Who are the key members and board of directors at Nxtbillion Commerce?

Board Members (2)

NameDesignationAppointment DateStatus
Mirai Rao Country flag representing In Director 15-Feb-2022Current
Subramanya Rao Country flag representing In Director 15-Feb-2022Current

Financial Performance of Nxtbillion Commerce.

Nxtbillion Commerce Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 82.29% decrease. The company also saw a substantial improvement in profitability, with a 254.57% increase in profit. The company's net worth Soared by an impressive increase of 179.52%.

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
-82.29%
Revenue from Operations
-96.24%
Total Assets
-77.05%
Profit or Loss
254.57%
Net Worth
179.52%
EBITDA
-7228.92%

What is the Ownership and Shareholding Structure of Nxtbillion Commerce?

In 2021, Nxtbillion Commerce 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)

Open Charges

₹5.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
22 Jan 2020Standard Chartered Bank₹5.00 MOpen

How Many Employees Work at Nxtbillion Commerce?

Nxtbillion Commerce has a workforce of 1 employees as of Mar 23, 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 Nxtbillion Commerce, 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 Nxtbillion Commerce'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 Nxtbillion Commerce

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Mirai Rao was appointed as a Director was appointed as a Director on 15 Feb 2022 & has been associated with this company since 3 years 9 days .

    15 Feb 2022

  • Director Appointment

    Subramanya Diwakar Rao was appointed as a Director was appointed as a Director on 15 Feb 2022 & has been associated with this company since 3 years 9 days .

    15 Feb 2022

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 5.00 M with Charge ID 100317545 was registered on 22 Jan 2020.

    22 Jan 2020

  • Company Incorporation

    Nxtbillion Commerce Private Limited was registered on 01 Mar 2019 with Roc Bangalore & aged 5 years 11 months as per MCA records.

    01 Mar 2019

Frequently asked questions

  • Nxtbillion Commerce Private Limited was incorporated on 01 Mar 2019.

  • The authorized share capital of Nxtbillion Commerce Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Nxtbillion Commerce Private Limited.

    • Mirai Rao
    • Subramanya Diwakar Rao
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nxtbillion Commerce Private Limited is No.305-A 3Rd Floor, Cears Plaza Residency Road India, Bangalore, Karnataka, 560025.

  • The corporate identification number (CIN) of Nxtbillion Commerce Private Limited is U74999KA2019PTC122082 and the company number is 122082 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Nxtbillion Commerce Private Limited has fallen by -82.29%.

  • As Per 2021 financial reports, 1 employees are currently employed by Nxtbillion Commerce Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Nxtbillion Commerce Private Limited has experienced an upsurge of 179.52%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Nxtbillion Commerce Private Limited amount to ₹ 5.00 M.

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

People also Viewed

Similar Companies Based on Accessories Retail & Distribution