Necesario Innovations Private Limited

Necesario Innovations Private Limited - electrnoics in Rajkot, Gujarat, India. FY 2026 financials & compliance.
CIN U31904GJ2018PTC103239 Incorporated 12 July 2018 ROC Ahmedabad HQ Rajkot, Gujarat, India
Active Private Limited Company electrnoics DPIIT Startup MSME · Micro
Revenue · FY 2023
₹3.29 Lakh
▲ 252% YoY
Net loss · FY 2023
₹8.88 Lakh
Net margin -270%
EBITDA · FY 2023
-₹8.88 Lakh
EBITDA margin -270%
Authorised capital
₹1.03 Lakh
Registered with MCA
Paid-up capital
₹10,000
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Brands
1
Associated brands

About Necesario Innovations Private Limited

Data last updated:

Necesario Innovations Private Limited is a private limited company based in Rajkot, Gujarat, India, recognised as a startup by DPIIT. It operates in the electrical equipment manufacturing segment of the electronics sector. It was incorporated on 12 July 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31904GJ2018PTC103239.

The company has an authorised share capital of ₹1.03 Lakh and a paid-up capital of ₹10,000. It is led by directors Hidaytunnisha Ansari and Imtiyaz Ilyasbhai Ansari.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Nr. Radha Krishna Temple 10 Bhagawatipara, Rajkot, Gujarat, India – 360003.

As per the financials filed for FY 2023, the company reported a revenue of ₹3.29 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹8.88 Lakh (net margin -270%) and EBITDA of -₹8.88 Lakh (EBITDA margin -270%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years.

The company is associated with 1 brand: Necesario Innovations.

Necesario Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-09-0026812).

Company details

CIN U31904GJ2018PTC103239
Registration Number 103239
Incorporation Date 12 July 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-09-0026812

Recognitions & Rankings of Necesario Innovations

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-GJ-09-0026812

Contact details

Necesario Innovations Private Limited's registered office is in Rajkot, Gujarat. Its e-mail address is in the company report.

  • Email
  • Social Media
  • Registered Address
    Nr. Radha Krishna Temple 10 Bhagawatipara, Rajkot, Gujarat, India – 360003
  • Industry
    Electrnoics, Electrical Equipment, Manufacturing, Magnetic

To see the full contact details of Necesario Innovations Private Limited, buy the company report.

Comprehensive company report
Necesario Innovations Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Necesario Innovations operates one associated brand: Necesario Innovations. Each brand links to its own profile.

BrandDescriptionWebsite
Virtual photo booth software is provided through an online platform.necesario.in

Business activity

The main business activity of Necesario Innovations is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Necesario Innovations Private Limited, buy the company report.

Financials of Necesario Innovations Private Limited

FY 2023 filings available

Necesario Innovations Private Limited reported revenue of ₹3.29 Lakh (up 252% YoY) for FY 2023.

Revenue · FY 2023
₹3.29 Lakh ▲ 252%
Net loss · FY 2023
₹8.88 Lakh margin -270%
EBITDA · FY 2023
-₹8.88 Lakh margin -270%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 252%
3 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▼ 964%
3 years · compounded
▼ 255%

Revenue has grown at a compounded annual rate (CAGR) of 16% over three years, including 252% growth in the latest year. EBITDA fell 964% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹8.88 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹8.88 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-270%
Net Profit Margin-270%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Necesario Innovations Private Limited, buy the company report.

Board of directors of Necesario Innovations Private Limited

Necesario Innovations has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Hidaytunnisha AnsariDirector12 Jul 20188 Years 4 MonthsCurrent
Imtiyaz Ilyasbhai AnsariDirector12 Jul 20188 Years 4 MonthsCurrent

Peer comparison

Necesario Innovations Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
R G Impex Pvt Ltd₹3.3 Lakh (FY 2017)-21.0%Kolkata, West Bengal, India
Retfit Techno Private Limited₹3.3 Lakh (FY 2022)-90.0%New Delhi, Delhi, India
Bizrates Trading Private Limited₹3.3 Lakh (FY 2020)Yamuna Nagar, Haryana, India
Wayglow Multitrading Private Limited₹3.29 Lakh (FY 2024)-28.0%Davanagere, Karnataka, India
Raddi Bazaar Industries Private Limited₹3.29 Lakh (FY 2021)Hyderabad, Telangana, India
Necesario Innovations Private Limitedthis company₹3.29 Lakh (FY 2023)-₹8.88 Lakh-270%252.0%Rajkot, Gujarat, India
Krishnamadhav Energy Services Private Limited₹3.29 Lakh (FY 2025)76.0%Bangalore, Karnataka, India
Intelligent Prognostic Private Limited₹3.29 Lakh (FY 2024)-12.0%Delhi, India
SMR Consumer Services Private Limited₹3.29 Lakh (FY 2016)19.0%Bhubaneswar, Odisha, India
Larica Trading Private Limited₹3.29 Lakh (FY 2017)-40.0%Kolkata, West Bengal, India
Trios Udyog Private Limited₹3.29 Lakh (FY 2025)-80.0%Lucknow, Uttar Pradesh, India

To see the full peer comparison of Necesario Innovations Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Necesario Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Necesario Innovations Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Necesario Innovations Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Hidaytunnisha Ansari was appointed as Director on 12 Jul 2018.

AGM
Necesario Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Necesario Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Appointed
Hidaytunnisha Ansari was appointed as Director.
Appointed
Imtiyaz Ilyasbhai Ansari was appointed as Director.
Incorporation
12 Jul 2018
Necesario Innovations Private Limited was registered on 12 Jul 2018 with Roc Ahmedabad & aged 8 years 4 months as per MCA records.

Frequently asked questions

Necesario Innovations is an active private limited company based in Rajkot, Gujarat, India. The company works in electrical equipment, within the electronics industry. It was incorporated on 12 July 2018 (8+ years old) and is registered under CIN U31904GJ2018PTC103239.

Necesario Innovations has 2 current directors:

The latest financial statements of Necesario Innovations on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.

The CIN (Corporate Identification Number) of Necesario Innovations is U31904GJ2018PTC103239. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Necesario Innovations was incorporated on 12 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Necesario Innovations by revenue are R G Impex Pvt Ltd, Retfit Techno Private Limited, Bizrates Trading Private Limited, Wayglow Multitrading Private Limited, Raddi Bazaar Industries Private Limited and 5 more, all in the same principal business activity (retail trading).

Hidaytunnisha Ansari was appointed as Director on 12 Jul 2018. Imtiyaz Ilyasbhai Ansari was appointed as Director on 12 Jul 2018.

Yes, Necesario Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Necesario Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-09-0026812).

The registered office of Necesario Innovations is at Nr. Radha Krishna Temple 10 Bhagawatipara, Rajkot, Gujarat, India – 360003.

Necesario Innovations operates in the electronics industry, in the electrical equipment segment.