About Naad Software Private Limited
Data last updated: 25 February 2026
Naad Software Private Limited is a private limited company based in Bangalore, Karnataka, India. It specialises in digital payment solutions, a part of the broader financial services sector. Incorporated on 21 April 2004, the company has been in operation for over 22 years.
Registered with ROC Bangalore under CIN U72200KA2004PTC033790.
Capital: an authorised share capital of ₹31.2 Cr and a paid-up capital of ₹30.8 Cr. Formerly known as Kitpay Private Limited. It is led by directors Sourabh Jain and Ruchika Jain.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: No.8 2Nd Main 9Th Cross Indiranagar First Stage, Bangalore, Karnataka, India – 560038.
As per the financials filed for FY 2025, the company reported a revenue of ₹28 Lakh, a decline of 34% compared to the previous year.
The company has a workforce of approximately 2 employees as per the latest available data. Its group structure includes 1 subsidiary.
The company is associated with 2 brands - Kitpay, Ngpay.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kitpay.in.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered AddressNo.8 2Nd Main 9Th Cross Indiranagar First Stage, Bangalore, Karnataka, India – 560038
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IndustryFinancial Services, Digital Payment Solutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Naad Software Private Limited
Naad Software Private Limited operates two associated brands: Kitpay and NGPay. These brands represent Naad Software Private Limited's diversified market presence and brand portfolio.
Competitors & Alternatives of Naad Software Private Limited
Brands and companies operating in the same space as Naad Software Private Limited include Paytm, PhonePe, MobiKwik and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Paytm
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Digital payments, financial services, and e-commerce platforms are provided. | Noida, India, India | 2000 |
PhonePe
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Payment, financial, investment, and lending services are provided digitally. | Bengaluru, India, India | 2012 |
MobiKwik
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Operator of platform for online mobile, DTH recharge, and bill payments | Gurugram, India, India | 2009 |
Alpha Bank
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Alpha Bank is recognized as a leading financial institution in Greece. | Athens, Greece, Greece | 1879 |
Mercado Pago
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Consumer payments are enabled via app-based digital wallet services. | Buenos Aires, Argentina, Argentina | 2003 |
Venmo
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Consumer payments are enabled via a mobile digital wallet app. | New York, United States, United States | 2009 |
MoneyGram
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Cross-border payments are enabled via wallet solutions for consumers. | Dallas, United States, United States | 1940 |
MoMo
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MoMo is recognized as a leading fintech application in Vietnam, providing diverse financial services. | Ho Chi Minh City, Vietnam, Vietnam | 2007 |
FreeCharge
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Digital wallet services for bill payments and recharges are facilitated. | Gurugram, India, India | 2010 |
Verse
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Digital wallet for consumer and business payments is provided. | Barcelona, Spain, Spain | 2015 |
Auditor Details of Naad Software Private Limited
Naad Software Private Limited is audited by VSPV & Co for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VSPV & Co | blur-value | blur-value | blur-value |
Board of Directors of Naad Software Private Limited
Naad Software Private Limited is currently managed by 3 directors, with 10 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sourabh Jain | Managing Director | 21 Apr 2004 | 22 Years 2 Months | Current |
| Ruchika Jain | Director | 13 Apr 2017 | 9 Years 2 Months | Current |
Financials of Naad Software Private Limited FY 2025 filings available
Naad Software Private Limited reported revenue of ₹28 Lakh (down 34% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Naad Software Private Limited
As of FY 2022, Naad Software Private Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Group Structure of Naad Software Private Limited
Naad Software Private Limited has 1 subsidiary company. This group structure data is as of FY 2022. The corporate group structure reflects Naad Software Private Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Beyond Payment Private Limited | U74999MH2020PTC337483 |
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Showing major subsidiaries. Total: 1.
Charges & Borrowings Naad Software Private Limited
Naad Software Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Naad Software Private Limited
Naad Software Private Limited has a workforce of 2 employees as of Apr 04, 2024.
Employee Count & EPFO Data of Naad Software Private Limited
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Naad Software Private Limited
GSTIN & GST Filing Data of Naad Software Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Naad Software Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Naad Software Private Limited
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MSME Payment Delays by Naad Software Private Limited
MSME Payment Delays by Naad Software Private Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Naad Software Private Limited
Subsidiaries & Group Companies of Naad Software Private Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Naad Software Private Limited with ownership details.
MCA Filings & Documents of Naad Software Private Limited
MCA Filings & Documents of Naad Software Private Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Naad Software Private Limited
Recent News on Naad Software Private Limited
Frequently Asked Questions about Naad Software Private Limited
Naad Software Private Limited is an active private limited company in the financial services sector based in Bangalore, Karnataka, India. It was incorporated on 21 April 2004 (22+ years old) and is registered under CIN U72200KA2004PTC033790. The company has 2 employees.
Naad Software Private Limited reported revenue of ₹28 Lakh for FY 2025 (down 34.00% YoY).
The current directors of Naad Software Private Limited are:
- Sourabh Jain
- Ruchika Jain
- Kumud Dwivedi
The primary industry of Naad Software Private Limited is financial services. The company specifically operates in digital payment solutions. The company is currently active in this sector.
Naad Software Private Limited can be reached at the registered office: No.8 2Nd Main 9Th Cross Indiranagar First Stage, Bangalore, Karnataka, India – 560038, or through the website kitpay.in.
The authorised capital is ₹31.2 Cr, and the paid-up capital is ₹30.8 Cr.