About Ned Technology Private Limited
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Ned Technology Private Limited is a private limited company based in Tiruporur, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 19 April 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2006PTC059558. Its GSTIN is 33AAACQ1371M1ZG (Tamil Nadu).
The company has an authorised share capital of ₹67 Lakh and a paid-up capital of ₹61.36 Lakh. It was formerly known as Qadex Solutions Private Limited. It is led by directors including Stephen Whyte (Managing Director) and Sivasubramanian Saravanan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Tiruporur, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.62 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net loss of ₹8.3 Lakh (net margin -2.3%) and EBITDA of ₹66,622 (EBITDA margin 0.2%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 8% over five years.
The company has about 48 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website qdxsoft.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressDoor No.4/5 1st Floor Gandhi Road, Ottiyambakkam Chittalapakkam Tambaram, Tiruporur, Tamil Nadu, India – 600130
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Ned Technology Private Limited
The main business activity of Ned Technology is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ned Technology Private Limited FY 2025 filings available
Ned Technology Private Limited reported revenue of ₹3.62 Cr (up 18% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ned Technology Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 18% growth in the latest year. EBITDA fell 97% 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 of Ned Technology Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹66,622 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹8.3 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 of Ned Technology Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ned Technology are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Ned Technology Private Limited
Ned Technology has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Stephen Whyte | Managing Director | 19 Apr 2006 | 20 Years 6 Months | Current |
| Sivasubramanian Saravanan Also directs: Schappit India Private Limited | Director | 20 Dec 2016 | 9 Years 10 Months | Current |
| Gunasekar Also directs: Schappit India Private Limited | Director | 10 Apr 2023 | 3 Years 6 Months | Current |
Peer Comparison of Ned Technology Private Limited
Ned Technology Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mapscope Private Limited | ₹3.62 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Bhubaneswar, Odisha, India |
| Innvectra Info Solutions Private Limited | ₹3.62 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Hyderabad, Andhra Pradesh, India |
| M&S Software India Private Limited | ₹3.62 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Chennai, Tamil Nadu, India |
| Action Tour Guide Limited | ₹3.62 Cr (FY 2024) | •••• | •••• | 44.0% | •••• | Mumbai, Maharashtra, India |
| Elevar Infotech Private Limited | ₹3.62 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Ahmedabad, Gujarat, India |
| Ned Technology Private Limited this company | ₹3.62 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Tiruporur, Tamil Nadu, India |
| Silarra Technologies Private Limited | ₹3.62 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Bangalore, Karnataka, India |
| Hyr Global Source India Private Limited | ₹3.62 Cr (FY 2025) | •••• | •••• | 99.0% | •••• | Hyderabad, Telangana, India |
| Naia Software Solutions India Private Limited | ₹3.62 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Hyderabad, Telangana, India |
| Tekbon Software Solutions Private Limited | ₹3.62 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Hyderabad, Telangana, India |
| Earthline Infocomm Private Limited | ₹3.61 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Ned Technology by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ned Technology Private Limited
Auditor information for Ned Technology Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Ownership and Shareholding of Ned Technology Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ned Technology Private Limited
Ned Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ned Technology Private Limited
Ned Technology Private Limited has a workforce of 48 employees as of Mar 31, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Ned Technology Private Limited
Ned Technology Private Limited has 7 board changes on record since 2006: 3 appointments and 4 cessations. The latest: Gunasekar was appointed as Director on 10 Apr 2023.
Credit Ratings, Litigation & Regulatory Alerts for Ned Technology Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ned Technology Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ned Technology Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ned Technology Private Limited
Ned Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACQ1371M1ZG | Tamil Nadu | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ned Technology Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ned Technology Private Limited
Ned Technology is an active private limited company based in Tiruporur, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 19 April 2006 (20+ years old) and is registered under CIN U72200TN2006PTC059558.
Ned Technology reported revenue of ₹3.62 Cr for FY 2024 (up 18% YoY).
Ned Technology has 3 current directors:
- Stephen Whyte - Managing Director
- Sivasubramanian Saravanan - Director
- Gunasekar - Director
Ned Technology reported a net loss of ₹8.3 Lakh (net margin -2.3%) and EBITDA of ₹66,622 (EBITDA margin 0.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ned Technology is 13% over three years and 8% over five years. In the latest year (FY 2024) revenue rose 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ned Technology is 33AAACQ1371M1ZG, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Ned Technology is U72200TN2006PTC059558. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ned Technology was incorporated on 19 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Ned Technology by revenue are Mapscope Private Limited, Innvectra Info Solutions Private Limited, M&S Software India Private Limited, Action Tour Guide Limited, Elevar Infotech Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Gunasekar was appointed as Director on 10 Apr 2023. George Jeena Stephen ceased to be Director on 03 Feb 2023. Patrick Martinent ceased to be Director on 11 Apr 2019. Ned Technology has 7 board changes on record in total.
Ned Technology can be reached through the website qdxsoft.com. Its registered office is in Tiruporur, Tamil Nadu, India.