Nordicus Partners (NORDD) 10-Q 13 Nov 23 2024 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Sep. 30, 2023	Nov. 13, 2023
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2023
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2024
Current Fiscal Year End Date	--03-31
Entity File Number	001-11737
Entity Registrant Name	NORDICUS PARTNERS CORPORATION
Entity Central Index Key	0001011060
Entity Tax Identification Number	04-3186647
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	3651 Lindell Road
Entity Address, Address Line Two	Suite D565
Entity Address, City or Town	Las Vegas
Entity Address, State or Province	NV
Entity Address, Postal Zip Code	89103
City Area Code	(424)
Local Phone Number	256-8560
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		10,876,248

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Sep. 30, 2023	Mar. 31, 2023
Current assets:
Cash	$ 10,772	$ 7,149
Receivable		44,481
Prepaids and other current assets		770
Total current assets	10,772	52,400
Website	5,327	2,625
Investment in Myson, Inc.	1,750,000
Total Assets	1,766,099	55,025
Current liabilities:
Accounts payable and accrued expenses	9,882	1,354
Total current liabilities	25,692	27,367
Total Liabilities	25,692	27,367
Commitments and contingencies
Stockholders’ equity:
Preferred stock; $0.001 par value; 5,000,000 shares authorized; no shares issued and outstanding
Common stock; $0.001 par value; 50,000,000 shares authorized; 10,876,248 and 8,296,248 shares issued; respectively	10,876	8,296
Treasury stock, 1,534 shares at cost	(30,328)	(30,328)
Common stock to be issued	25,000
Additional paid-in capital	44,074,108	42,246,688
Accumulated other comprehensive income	(2,500)	665
Accumulated deficit	(42,336,749)	(42,197,663)
Total stockholders’ equity	1,740,407	27,658
Total liabilities and stockholders’ equity	1,766,099	55,025
Related Party [Member]
Current liabilities:
Accounts payable – related party		12,127
Related party payable	$ 15,810	$ 13,886

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Sep. 30, 2023	Mar. 31, 2023
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	10,876,248	8,296,248
Treasury stock, shares	1,534	1,534

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Operating expenses:
Officer compensation	$ 30,593		$ 57,593
Stock based compensation– related party				5,009,771
Professional fees	56,868	10,847	76,793	19,851
General and administrative	9,420	41,510	14,084	57,869
Total operating expenses	96,881	52,357	148,470	5,087,491
Loss from operations	(96,881)	(52,357)	(148,470)	(5,087,491)
Other income:
Other (expense) income	(1,909)	5,685	9,384	5,685
Total other income	(1,909)	5,685	9,384	5,685
Loss from operations before provision for income taxes	(98,790)	(46,672)	(139,086)	(5,081,806)
Provision for income taxes
Net loss	(98,790)	(46,672)	(139,086)	(5,081,806)
Other comprehensive income:
Foreign currency translation adjustment	(3,104)		(3,165)
Comprehensive Loss	$ (101,894)	$ (46,672)	$ (142,251)	$ (5,081,806)
Net loss per common share - basic	$ (0.01)	$ (0.01)	$ (0.01)	$ (0.89)
Net loss per common share - diluted	$ (0.01)	$ (0.01)	$ (0.01)	$ (0.89)
Weighted average shared - basic	10,846,628	5,681,248	9,722,814	5,681,248
Weighted average shared - diluted	10,846,628	5,681,248	9,722,814	5,681,248

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Deficit (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Treasury Stock, Common [Member]	Common Stock To Be Issued [Member]	AOCI Attributable to Parent [Member]	Total
Beginning balance, value at Mar. 31, 2022	$ 5,681	$ 33,944,605	$ (33,725,447)	$ (30,328)			$ 194,511
Beginning balance, shares at Mar. 31, 2022	5,681,248
Net loss			(5,035,134)				(5,035,134)
Stock-based compensation - fair value of warrants– related party		5,009,771					5,009,771
Ending balance, value at Jun. 30, 2022	$ 5,681	38,954,376	(38,760,581)	(30,328)			169,148
Ending balance, shares at Jun. 30, 2022	5,681,248
Beginning balance, value at Mar. 31, 2022	$ 5,681	33,944,605	(33,725,447)	(30,328)			194,511
Beginning balance, shares at Mar. 31, 2022	5,681,248
Net loss							(5,081,806)
Ending balance, value at Sep. 30, 2022	$ 5,681	38,954,376	(38,807,253)	(30,328)			122,476
Ending balance, shares at Sep. 30, 2022	5,681,248
Beginning balance, value at Jun. 30, 2022	$ 5,681	38,954,376	(38,760,581)	(30,328)			169,148
Beginning balance, shares at Jun. 30, 2022	5,681,248
Net loss			(46,672)				(46,672)
Ending balance, value at Sep. 30, 2022	$ 5,681	38,954,376	(38,807,253)	(30,328)			122,476
Ending balance, shares at Sep. 30, 2022	5,681,248
Beginning balance, value at Mar. 31, 2023	$ 8,296	42,246,688	(42,197,663)	(30,328)		665	27,658
Beginning balance, shares at Mar. 31, 2023	8,296,248
Shares issued for stock investment	$ 2,500	1,747,500					1,750,000
Shares issued for stock investment, shares	2,500,000
Exercise of warrants					25,000		25,000
Net loss			(40,296)			(61)	(40,357)
Ending balance, value at Jun. 30, 2023	$ 10,796	43,994,188	(42,237,959)	(30,328)	25,000	604	1,762,301
Ending balance, shares at Jun. 30, 2023	10,796,248
Beginning balance, value at Mar. 31, 2023	$ 8,296	42,246,688	(42,197,663)	(30,328)		665	27,658
Beginning balance, shares at Mar. 31, 2023	8,296,248
Net loss							(142,251)
Ending balance, value at Sep. 30, 2023	$ 10,876	44,074,108	(42,336,749)	(30,328)	25,000	(2,500)	1,740,407
Ending balance, shares at Sep. 30, 2023	10,876,248
Beginning balance, value at Jun. 30, 2023	$ 10,796	43,994,188	(42,237,959)	(30,328)	25,000	604	1,762,301
Beginning balance, shares at Jun. 30, 2023	10,796,248
Exercise of warrants	$ 80	79,920					80,000
Net loss			(98,790)			(3,104)	(101,894)
Exercise of warrants, shares	80,000
Ending balance, value at Sep. 30, 2023	$ 10,876	$ 44,074,108	$ (42,336,749)	$ (30,328)	$ 25,000	$ (2,500)	$ 1,740,407
Ending balance, shares at Sep. 30, 2023	10,876,248

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Cash flows from operating activities:
Net loss	$ (139,086)	$ (5,081,806)
Adjustments to reconcile net loss to net cash flows used in operating activities
Stock-based compensation – related party		5,009,771
Changes in assets and liabilities:
Prepaid expenses and other assets	(1,932)	(5,185)
Receivables	44,481
Accounts payable – related party	(12,127)	(6,574)
Accounts payable and accrued expenses	8,528	(19,998)
Net cash used in operating activities	(100,136)	(103,792)
Cash flows from financing activities:
Cash distribution to shareholder		(141,350)
Advance from related party	1,924
Proceeds from exercise of warrants	105,000
Net cash provided (used) by financing activities	106,924	(141,350)
Net change in cash	6,788	(245,142)
Effect of exchange rate on cash	(3,165)
Cash at beginning of period	7,149	245,945
Cash at end of period	10,772	803
Supplemental disclosure of cash flow information:
Income taxes paid
Interest paid
Supplemental disclosure of non-cash activity:
Common stock issued for shares of Myson, Inc.	$ 1,750,000

ORGANIZATION AND DESCRIPTION OF

ORGANIZATION AND DESCRIPTION OF BUSINESS	6 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
ORGANIZATION AND DESCRIPTION OF BUSINESS	NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS Nordicus Partners Corporation (the “Company” or “Nordicus”) was founded in 1993 as a subsidiary of PolyMedica Corporation. On January 31, 2020, we completed the sale of substantially all of our assets (the “Asset Sale”) for a total purchase price of $ 7,250,000 As a result of the Asset Sale, we ceased operating as a developer, manufacturer, marketer and seller of advanced polymers. Subsequent to the Closing Date, we became engaged in efforts to identify either an (i) operating company to acquire or merge with through an equity-based exchange transaction or (ii) investor interested in purchasing a majority interest in our common stock, whereby either transaction would likely result in a change in control. On October 12, 2021, we entered into a Stock Purchase Agreement (the “SPA”) with Reddington Partners LLC, a California limited liability company (“Reddington”) providing for the purchase of a total of 5,114,475 90 400,000 On March 3, 2020, we filed a Certificate of Amendment to the Company’s Certificate of Incorporation, which amendment was unanimously approved by our Board of Directors, to change our name AdvanSource Biomaterials Corporation to EKIMAS Corporation. On October 12, 2021, we entered into a Stock Purchase Agreement (the “SPA”) with Reddington Partners LLC, a California limited liability company (“Reddington”) providing for the purchase of a total of 5,114,475 90 400,000 Pursuant to the SPA, the Company effectuated a 1-for 50 reverse stock split 422,725 4,691,750 5,114,475 90 On February 23, 2023, the Company and Nordicus Partners A/S, a Danish stock corporation, consummated the transactions contemplated by that certain Contribution Agreement (the “Contribution Agreement”) by and among the Company, Nordicus, GK Partners, Henrik Rouf and Life Science Power House ApS (“LSPH”). GK Partners, Rouf and LSPH are collectively referred to herein as the “Sellers”, and each individually as a “Seller”). Pursuant to the Contribution Agreement the Sellers contributed, transferred, assigned and conveyed to the Company all right, title and interest in and to one hundred percent ( 100 2,500,000 0.001 100 On May 17, 2023, the Company changed its name to Nordicus Partners Corporation and its ticker symbol to NORD. On June 9, 2023, Tom Glaesner Larsen resigned from the Company’s board of directors, and the remaining board members appointed Henrik Keller as his replacement.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The Company’s unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”), and pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) and reflect all adjustments, consisting of normal recurring adjustments, which management believes are necessary to fairly present the financial position, results of operations and cash flows of the Company as of and for the six month period ending September 30, 2023, and not necessarily indicative of the results to be expected for the full year ending March 31, 2024. These unaudited financial statements should be read in conjunction with the financial statements and related notes included in the Company’s Annual Report on Form 10-K for the year ended March 31, 2023. Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The Company’s accounting estimates include the collectability of receivables, useful lives of long-lived assets and recoverability of those assets, impairment in fair value of goodwill. Concentration of Credit Risk We maintain our cash in bank deposit accounts, the balances of which at times may exceed federally insured limits. We continually monitor our banking relationships and consequently have not experienced any losses in our accounts. We believe we are not exposed to any significant credit risk on cash. Cash Equivalents The Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents. There were no Principles of Consolidation The accompanying consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, Nordicus Partners A/S. All significant intercompany transactions have been eliminated in consolidation. Translation Adjustment The accounts of the Company’s subsidiary are maintained in Danish krone. According to the Codification, all assets and liabilities were translated at the current exchange rate at respective balance sheets dates, members’ capital are translated at the historical rates and income statement items are translated at the average exchange rate for the period. The resulting translation adjustments are reported under other comprehensive income in accordance with the Comprehensive Income Topic of the Codification (ASC 220), as a component of Stockholders’ equity. Transaction gains and losses are reflected in the income statement. Comprehensive Income The Company uses SFAS 130 “Reporting Comprehensive Income” (ASC Topic 220). Comprehensive income is comprised of net income and all changes to the statements of Stockholders’ equity, except changes in paid-in capital and distributions to shareholders. Comprehensive income is included in net loss and foreign currency translation adjustments. Stock-based Compensation In June 2018, the FASB issued ASU 2018-07, Compensation – Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting. Net Income (Loss) Per Common Share Net income (loss) per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock and potentially outstanding shares of common stock during the period. The weighted average number of common shares outstanding and potentially outstanding common shares assumes that the Company incorporated as of the beginning of the first period presented. As of September 30, 2023 and 2022, there were 6,530,000 5,860,000 Recently Issued Accounting Pronouncements The Company has implemented all new applicable accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

GOING CONCERN

GOING CONCERN	6 Months Ended
	Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GOING CONCERN	NOTE 3 - GOING CONCERN The Company’s financial statements have been prepared on a going concern basis, which assumes the Company will be able to realize its assets and discharge its liabilities in the normal course of business for the foreseeable future. The Company has not yet generated any revenue and has incurred losses since inception resulting in an accumulated deficit of $ 42,336,749 The ability to continue as a going concern is dependent upon the Company’s recent acquisition, its generating profitable operations in the future and/or obtaining the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management intends to finance operating costs over the next twelve months with existing cash on hand, loans from third parties and/or private placement of common stock. The financial statements of the Company do not include any adjustments that may result from the outcome of these uncertainties.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	6 Months Ended
	Sep. 30, 2023
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 4 - RELATED PARTY TRANSACTIONS Mr. Thomas Glasner Larsen is an affiliate of GK Partners and was a member of our board of directors from February 23, 2023, until his voluntary retirement on June 9, 2023. He was also a beneficial owner of a controlling interest in Nordicus Partners A/S until its acquisition by us on February 23, 2023. On April 11, 2022, effective April 1, 2022, we issued to GK Partners, for financial services, a warrant to immediately purchase up to 6,000,000 1.00 115,000 1.00 115,000 25,000 1.00 25,000 25,000 1.00 25,000 30,000 1.00 30,000 25,000 1.00 25,000 On February 23, 2023, pursuant to the Contribution Agreement by and among the Company, Nordicus Partners A/S, GK Partners ApS (“GK Partners”), Henrik Rouf and Life Science Power House ApS (“LSPH”), we issued 2,500,000 On June 20, 2023, the Company and GK Partners ApS (the “Seller”) entered into a Stock Purchase and Sale Agreement (the “Agreement”), under which the Seller sold to the Company 5,000,000 2,500,000 Mr. Bennett Yankowitz, our chief financial officer and a director, was affiliated with legal counsel who provided us with general legal services (the “Affiliate”). We recorded legal fees to the Affiliate of $ 19,527 13,716 0 6,574 As of March 31, 2023, the Company had a receivable of $ 44,481 On April 17, 2023, our Board of Directors approved an employment agreement for our chief executive officer, Henrik Rouf, and a consulting agreement for our chief financial officer, Bennett J. Yankowitz. Our employment agreement with Henrik Rouf, our chief executive officer, provides for a base salary of $ 72,000 one year Our consulting agreement with Bennett Yankowitz, our chief financial officer and a member of our board of directors, provides for a base salary of $ 36,000 one year During the quarter ended September 30, 2023, we paid Shumaker Mallory LLP $ 3,442

PREFERRED STOCK

PREFERRED STOCK	6 Months Ended
	Sep. 30, 2023
Equity [Abstract]
PREFERRED STOCK	NOTE 5 - PREFERRED STOCK Preferred Stock We have authorized 5,000,000 0.001 500,000 500,000 no

COMMON STOCK TRANSACTIONS

COMMON STOCK TRANSACTIONS	6 Months Ended
	Sep. 30, 2023
Equity [Abstract]
COMMON STOCK TRANSACTIONS	NOTE 6 - COMMON STOCK TRANSACTIONS During the six months ended September 30, 2023, GK Partners exercised a portion of its warrant for 105,000 1.00 105,000 25,000 On June 20, 2023, the Company and GK Partners ApS entered into a Stock Purchase and Sale Agreement (the “Agreement”), under which the Seller sold to the Company 5,000,000 2,500,000 1,750,000 0.70 1.00

WARRANTS

WARRANTS	6 Months Ended
	Sep. 30, 2023
Warrants
WARRANTS	NOTE 7 - WARRANTS On April 11, 2022, effective April 1, 2022, we issued to GK Partners ApS, for financial services, a warrant to immediately purchase up to 6,000,000 1.00 December 31, 2023 1.00 1.22 1.75 699.79 0.0 2.44 7,316,971 On November 28, 2022, we issued 1) to David Volpe a warrant to purchase 500,000 250,000 1.00 December 31, 2027 1.00 1.12 5 206 0.0 3.88 825,000 SCHEDULE OF WARRANT ACTIVITIES Number of Warrants Weighted Average Exercise Price Weighted Average Remaining Contract Term Intrinsic Value Outstanding, March 31, 2023 6,635,000 $ 1.00 1.21 $ — Issued — $ — — Cancelled — $ — — Exercised (105,000 ) $ — — Outstanding, September 30, 2023 6,530,000 $ 1.00 0.71 $ —

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Sep. 30, 2023
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 8 - SUBSEQUENT EVENTS In accordance with SFAS 165 (ASC 855-10) management has performed an evaluation of subsequent events through the date that the financial statements were issued and has determined that it does not have any material subsequent events to disclose in these financial statements except as follows:

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The Company’s unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”), and pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) and reflect all adjustments, consisting of normal recurring adjustments, which management believes are necessary to fairly present the financial position, results of operations and cash flows of the Company as of and for the six month period ending September 30, 2023, and not necessarily indicative of the results to be expected for the full year ending March 31, 2024. These unaudited financial statements should be read in conjunction with the financial statements and related notes included in the Company’s Annual Report on Form 10-K for the year ended March 31, 2023.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The Company’s accounting estimates include the collectability of receivables, useful lives of long-lived assets and recoverability of those assets, impairment in fair value of goodwill.
Concentration of Credit Risk	Concentration of Credit Risk We maintain our cash in bank deposit accounts, the balances of which at times may exceed federally insured limits. We continually monitor our banking relationships and consequently have not experienced any losses in our accounts. We believe we are not exposed to any significant credit risk on cash.
Cash Equivalents	Cash Equivalents The Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents. There were no
Principles of Consolidation	Principles of Consolidation The accompanying consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, Nordicus Partners A/S. All significant intercompany transactions have been eliminated in consolidation.
Translation Adjustment	Translation Adjustment The accounts of the Company’s subsidiary are maintained in Danish krone. According to the Codification, all assets and liabilities were translated at the current exchange rate at respective balance sheets dates, members’ capital are translated at the historical rates and income statement items are translated at the average exchange rate for the period. The resulting translation adjustments are reported under other comprehensive income in accordance with the Comprehensive Income Topic of the Codification (ASC 220), as a component of Stockholders’ equity. Transaction gains and losses are reflected in the income statement.
Comprehensive Income	Comprehensive Income The Company uses SFAS 130 “Reporting Comprehensive Income” (ASC Topic 220). Comprehensive income is comprised of net income and all changes to the statements of Stockholders’ equity, except changes in paid-in capital and distributions to shareholders. Comprehensive income is included in net loss and foreign currency translation adjustments.
Stock-based Compensation	Stock-based Compensation In June 2018, the FASB issued ASU 2018-07, Compensation – Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting.
Net Income (Loss) Per Common Share	Net Income (Loss) Per Common Share Net income (loss) per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock and potentially outstanding shares of common stock during the period. The weighted average number of common shares outstanding and potentially outstanding common shares assumes that the Company incorporated as of the beginning of the first period presented. As of September 30, 2023 and 2022, there were 6,530,000 5,860,000
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements The Company has implemented all new applicable accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

WARRANTS (Tables)

WARRANTS (Tables)	6 Months Ended
	Sep. 30, 2023
Warrants
SCHEDULE OF WARRANT ACTIVITIES	SCHEDULE OF WARRANT ACTIVITIES Number of Warrants Weighted Average Exercise Price Weighted Average Remaining Contract Term Intrinsic Value Outstanding, March 31, 2023 6,635,000 $ 1.00 1.21 $ — Issued — $ — — Cancelled — $ — — Exercised (105,000 ) $ — — Outstanding, September 30, 2023 6,530,000 $ 1.00 0.71 $ —

ORGANIZATION AND DESCRIPTION _2

ORGANIZATION AND DESCRIPTION OF BUSINESS (Details Narrative) - USD ($)						3 Months Ended
	Feb. 23, 2023	Mar. 15, 2022	Mar. 11, 2022	Oct. 12, 2021	Jan. 31, 2020	Jun. 30, 2023	Sep. 30, 2023	Mar. 31, 2023
Total cash consideration						$ 1,750,000
Common stock, par value							$ 0.001	$ 0.001
Stock Purchase Agreement [Member] | Reddington Partners LLC [Member]
Stock issued during period, shares, new issues				5,114,475
Percentage of outstanding common stock				90%
Total cash consideration				$ 400,000
Reverse stock split			1-for 50 reverse stock split
Stock Purchase Agreement [Member] | Reddington Partners LLC [Member] | First Closing [Member]
Stock issued during period, shares, new issues			422,725
Stock Purchase Agreement [Member] | Reddington Partners LLC [Member] | Second Closing [Member]
Stock issued during period, shares, new issues		4,691,750
Contribution Agreement [Member]
Stock issued during period, shares, new issues	2,500,000
Percentage of outstanding common stock	100%
Common stock, par value	$ 0.001
Contribution Agreement [Member] | Nordicus Partners A/S [Member]
Subsidiary, ownership percentage	100%
Asset Purchase Agreement [Member]
Purchase price of asset					$ 7,250,000

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	6 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Mar. 31, 2023
Accounting Policies [Abstract]
Cash equivalents	$ 0		$ 0
Antidilutive securities	6,530,000	5,860,000

GOING CONCERN (Details Narrativ

GOING CONCERN (Details Narrative) - USD ($)	Sep. 30, 2023	Mar. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accumulated deficit	$ 42,336,749	$ 42,197,663

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)

3 Months Ended

6 Months Ended

9 Months Ended

Aug. 24, 2023

Jul. 26, 2023

Jun. 26, 2023

Jun. 20, 2023

Apr. 17, 2023

Feb. 22, 2023

Feb. 14, 2023

Jun. 30, 2023

Sep. 30, 2023

Sep. 30, 2022

Sep. 30, 2023

Mar. 31, 2023

Nov. 28, 2022

Apr. 11, 2022

Related Party Transaction [Line Items]

Total proceeds

$ 1,750,000

Receivable

$ 44,481

Mr. Bennett Yankowitz [Member]

Related Party Transaction [Line Items]

Legal Service

19,527

$ 13,716

Due to related party

$ 0

0

6,574

GK Partners [Member]

Related Party Transaction [Line Items]

Receivable

$ 44,481

Henrik Rouf [Member]

Related Party Transaction [Line Items]

Salary payment

$ 72,000

Agreement term

1 year

Bennett Yankowitz [Member]

Related Party Transaction [Line Items]

Salary payment

$ 36,000

Agreement term

1 year

Mr. Yankowitz [Member]

Related Party Transaction [Line Items]

Legal Service

$ 3,442

GK Partners [Member]

Related Party Transaction [Line Items]

Warrant to purchase shares

105,000

105,000

Exercise price per share

$ 1

$ 1

Total proceeds

$ 30,000

$ 25,000

$ 25,000

$ 1,750,000

$ 115,000

$ 25,000

Stock issued during period, shares, new issues

2,500,000

GK Partners [Member] | Restricted Stock [Member]

Related Party Transaction [Line Items]

Shares issued

2,500,000

Myson, Inc. [Member] | Restricted Stock [Member]

Related Party Transaction [Line Items]

Shares issued

5,000,000

Common Stock [Member]

Related Party Transaction [Line Items]

Total proceeds

$ 2,500

Stock issued during period, shares, new issues

2,500,000

Common Stock [Member] | GK Partners [Member]

Related Party Transaction [Line Items]

Warrant to purchase shares

6,000,000

Exercise price per share

$ 1

Warrant [Member]

Related Party Transaction [Line Items]

Exercise price per share

$ 1

Warrant [Member] | GK Partners [Member]

Related Party Transaction [Line Items]

Warrant to purchase shares

30,000

25,000

25,000

115,000

25,000

25,000

6,000,000

Exercise price per share

$ 1

$ 1

$ 1

$ 1

$ 1

$ 1

$ 1

$ 1

PREFERRED STOCK (Details Narrat

PREFERRED STOCK (Details Narrative) - $ / shares	6 Months Ended
	Sep. 30, 2023	Mar. 31, 2023
Class of Stock [Line Items]
Preferred stock shares authorized	5,000,000	5,000,000
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares issued and redeemed	500,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Series A Junior Participating Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock shares authorized	500,000

COMMON STOCK TRANSACTIONS (Deta

COMMON STOCK TRANSACTIONS (Details Narrative) - USD ($)						3 Months Ended	6 Months Ended
	Aug. 24, 2023	Jul. 26, 2023	Jun. 26, 2023	Jun. 20, 2023	Feb. 14, 2023	Jun. 30, 2023	Sep. 30, 2023	Sep. 30, 2022	Nov. 28, 2022	Apr. 11, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
Total proceeds							$ 105,000
Shares issued for stock investment						$ 1,750,000
Warrant [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Exercise price per share									$ 1
GK Partners [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Warrant to purchase shares							105,000
Exercise price per share							$ 1
Total proceeds							$ 105,000
Warrant exercised							25,000
Shares issued for stock investment	$ 30,000	$ 25,000	$ 25,000	$ 1,750,000	$ 115,000		$ 25,000
Share price per share				$ 0.70
GK Partners [Member] | Warrant [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Warrant to purchase shares	30,000	25,000	25,000		115,000		25,000			6,000,000
Exercise price per share	$ 1	$ 1	$ 1	$ 1	$ 1		$ 1			$ 1
GK Partners [Member] | Restricted Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Shares issued				2,500,000
Myson, Inc. [Member] | Restricted Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Shares issued				5,000,000

SCHEDULE OF WARRANT ACTIVITIES

SCHEDULE OF WARRANT ACTIVITIES (Details) - Warrant [Member] - USD ($)	6 Months Ended	12 Months Ended
	Sep. 30, 2023	Mar. 31, 2023
Number of Warrants, Beginning balance	6,635,000
Weighted Average Exercise Price, Beginning balance	$ 1
Weighted Average Remaining Contractual term,Outstanding	8 months 15 days	1 year 2 months 15 days
Intrinsic Value, Beginning balance
Number of Warrants, Issued
Warrants Outstanding, Cancelled
Number of Warrants, Exercised	(105,000)
Number of Warrants, Ending balance	6,530,000	6,635,000
Weighted Average Exercise Price, Ending balance	$ 1	$ 1
Intrinsic Value, Ending balance

WARRANTS (Details Narrative)

WARRANTS (Details Narrative)			12 Months Ended
	Nov. 28, 2022 $ / shares shares	Apr. 11, 2022 $ / shares shares	Mar. 31, 2023 USD ($)	Sep. 30, 2023 $ / shares shares	Aug. 24, 2023 $ / shares shares	Jul. 26, 2023 $ / shares shares	Jun. 26, 2023 $ / shares shares	Jun. 20, 2023 $ / shares	Feb. 14, 2023 $ / shares shares
Total stock based compensation | $			$ 825,000
Measurement Input, Exercise Price [Member]
Warrant measurement input	1
Measurement Input, Share Price [Member]
Price per share	$ 1.12
Measurement Input, Expected Term [Member]
Expected term	5 years
Measurement Input, Price Volatility [Member]
Warrant measurement input	206
Measurement Input, Expected Dividend Rate [Member]
Warrant measurement input	0
Measurement Input, Risk Free Interest Rate [Member]
Warrant measurement input	3.88
GK Partners [Member]
Warrant to purchase shares | shares				105,000
Exercise price per share				$ 1
Price per share								$ 0.70
Total stock based compensation | $			$ 7,316,971
GK Partners [Member] | Measurement Input, Exercise Price [Member]
Warrant measurement input		1
GK Partners [Member] | Measurement Input, Share Price [Member]
Price per share		$ 1.22
GK Partners [Member] | Measurement Input, Expected Term [Member]
Expected term		1 year 9 months
GK Partners [Member] | Measurement Input, Price Volatility [Member]
Warrant measurement input		699.79
GK Partners [Member] | Measurement Input, Expected Dividend Rate [Member]
Warrant measurement input		0
GK Partners [Member] | Measurement Input, Risk Free Interest Rate [Member]
Warrant measurement input		2.44
Warrant [Member]
Exercise price per share	$ 1
Expiry date of warrant	Dec. 31, 2027	Dec. 31, 2023
Warrant [Member] | David Volpe [Member]
Warrant to purchase shares | shares	500,000
Warrant [Member] | Bennett J. Yankowitz [Member]
Warrant to purchase shares | shares	250,000
Warrant [Member] | GK Partners [Member]
Warrant to purchase shares | shares		6,000,000		25,000	30,000	25,000	25,000		115,000
Exercise price per share		$ 1		$ 1	$ 1	$ 1	$ 1	$ 1	$ 1