MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-18-0001689
Next Need Technologies Private Limited
Next Need Technologies Private Limited - information technology in Kodagu, Karnataka, India. FY 2026 financials & compliance.
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
Brands
1
Associated brands
Last financials
Mar 2024
Balance sheet date
Last AGM
30 Sep 2025
Annual general meeting
About Next Need Technologies Private Limited
Data last updated:
Next Need Technologies Private Limited is a private limited company based in Kodagu, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 18 April 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2016PTC092373. Its GSTIN is 29AAFCN2191K1Z3 (Karnataka).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Venkateswara Mylavarapu Rao and Mylavarapu Sasta Ravi Teja.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at #10/2 Sasta Vanam Beluru Basavnahalli Somvarpet Taluk Kodagu, Karnataka, India – 571236.
The company is associated with 1 brand: Next Need Tecnologies.
Next Need Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-18-0001689). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Next Need Technologies Private Limited
CIN U72900KA2016PTC092373
Registration Number 092373
Incorporation Date 18 April 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-18-0001689
Recognitions & Rankings of Next Need Technologies
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address#10/2 Sasta Vanam Beluru Basavnahalli Somvarpet Taluk Kodagu, Karnataka, India – 571236
- IndustryInformation Technology, IT Consulting & Support Services
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Associated Brands with Next Need Technologies Private Limited
Next Need Technologies operates one associated brand: Next Need Tecnologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers web and application designing services for various needs. | nextneed.in |
Business Activity of Next Need Technologies Private Limited
The main business activity of Next Need Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
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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 Next Need Technologies Private Limited FY 2024 filings available
Financial Statement Summary of Next Need Technologies Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| 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 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• |
| 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 Next Need Technologies Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• |
| 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 Next Need Technologies are in the company report.
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Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
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Board of Directors of Next Need Technologies Private Limited
Next Need Technologies has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkateswara Mylavarapu Rao Also directs: Saastha Vanam Groceries LLP, My Vasati Resorts Private Limited | Director | 18 Apr 2016 | 10 Years 6 Months | Current |
| Mylavarapu Sasta Ravi Teja Also directs: Saastha Vanam Groceries LLP, My Vasati Resorts Private Limited | Director | 18 Apr 2016 | 10 Years 6 Months | Current |
Auditor Details of Next Need Technologies Private Limited
Next Need Technologies Private Limited is audited by P F A & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P F A & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Next Need Technologies Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Next Need Technologies Private Limited
Next Need Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Next Need Technologies Private Limited
Employment history and EPFO contributions of people linked to Next Need Technologies.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Verified entity values are shown only after access is granted.
Recent Activity on Next Need Technologies Private Limited
Next Need Technologies Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Mylavarapu Sasta Ravi Teja was appointed as Director on 18 Apr 2016.
AGM
Next Need Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Next Need Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Mylavarapu Sasta Ravi Teja was appointed as Director.
Appointed
Venkateswara Mylavarapu Rao was appointed as Director.
Incorporation
18 Apr 2016
Next Need Technologies Private Limited was registered on 18 Apr 2016 with Roc Bangalore & aged 10 years 6 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Next Need Technologies Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Next Need Technologies Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Next Need Technologies Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Next Need Technologies Private Limited
Next Need Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCN2191K1Z3 | Karnataka | Active | 09 Feb 2018 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Next Need Technologies Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Next Need Technologies Private Limited
Next Need Technologies is an active private limited company based in Kodagu, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 18 April 2016 (10+ years old) and is registered under CIN U72900KA2016PTC092373.
Next Need Technologies has 2 current directors:
- Venkateswara Mylavarapu Rao - Director
- Mylavarapu Sasta Ravi Teja - Director
The GSTIN of Next Need Technologies is 29AAFCN2191K1Z3, registered in Karnataka.
The CIN (Corporate Identification Number) of Next Need Technologies is U72900KA2016PTC092373. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Next Need Technologies was incorporated on 18 April 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Mylavarapu Sasta Ravi Teja was appointed as Director on 18 Apr 2016. Venkateswara Mylavarapu Rao was appointed as Director on 18 Apr 2016.
Yes, Next Need Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-18-0001689).
The registered office of Next Need Technologies is at #102 Sasta Vanam Beluru Basavnahalli Somvarpet Taluk Kodagu, Karnataka, India – 571236.
Next Need Technologies has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh.
Next Need Technologies operates in the information technology industry, in the IT consulting and support services segment.