Naad Software Private Limited - Company Profile

Q: Who are the current directors of Naad Software Private Limited?

The current directors of Naad Software Private Limited are Sourabh Jain, Ruchika Jain, Kumud Dwivedi.

It is a financial services private limited company based in Bangalore, Karnataka, India, established in 2004.

2004 Bangalore, Karnataka, India Active

Last Updated: January 04, 2026

About Naad Software Private Limited

Naad Software Private Limited, a active private limited company, was established on 21 April 2004 in Bangalore, Karnataka, India. Engaging in digital payment solutions within the information and communication sector, it holds CIN: U72200KA2004PTC033790. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹31.20 Cr and a paid-up capital of ₹30.80 Cr.

Formerly known as Kitpay Private Limited. It upholds a compliant status. Employing 2 professional, Its leadership includes Sourabh Jain (Managing Director), Ruchika Jain (Director). Past directors included Rajiv Sawhney, Ashish Gupta, Vijay Kumar Jain. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at No.8, 2Nd Main 9Th Cross, Indiranagar First Stage, Bangalore, Karnataka, 560038.

Company Details

CIN/LLPIN
U72200KA2004PTC033790
Registration Number
033790
Incorporation Date
21 April 2004
Authorized Capital
₹31.20 Cr
Paid-Up Capital
₹30.80 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 31.20 Cr as on 04-01-2026
Paid Up Capital ₹ 30.80 Cr as on 04-01-2026
Company Age 21 Year, 9 Months
Last Filing with ROC 31 Mar 2025
Revenue Growth **** -38.45% (FY 2022)
Profit Growth **** -215.50% (FY 2022)
Ebitda **** -25.36% (FY 2022)
Net Worth -4.25% (FY 2022)
Total Assets -6.34% (FY 2022)

Comprehensive Company Insights

Explore comprehensive insights into Naad Software Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Naad Software Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Sourabh Jain	Managing Director	21 Apr 2004	Current
Ruchika Jain	Director	13 Apr 2017	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Nominee Director	13 Apr 2017	Past
Pramod Abcsdd	Director	31 Mar 2013	Past
Pramod Abcsdd	Director	20 Oct 2014	Past
Pramod Abcsdd	Director	31 Mar 2013	Past
Pramod Abcsdd	Director	20 Oct 2014	Past
Pramod Abcsdd	Nominee Director	13 Apr 2017	Past

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Financial Performance of Naad Software.

Naad Software Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 38.45% decrease. The company also saw a substantial fall in profitability, with a 215.5% decrease in profit. The company's net worth dipped by a decrease of 4.25%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-38.45%

*******

Revenue from Operations

*******

-100.00%

*******

Total Assets

*******

-6.34%

*******

Profit or Loss

*******

-215.50%

*******

Net Worth

*******

-4.25%

*******

EBITDA

*******

-25.36%

*******

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What is the Ownership and Shareholding Structure of Naad Software?

In 2022, Naad Software had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Naad Software?

Naad Software has a workforce of 2 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Naad Software, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Naad Software's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Naad Software

Recent Activity within the Organization

Annual General Meeting

The activity Naad Software Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.
30 Sep 2025
Balance Sheet

Progress on Naad Software Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was documented.
31 Mar 2025
Director Appointment

Progress on Kumud Dwivedi was appointed as a Company Secretary was appointed as a Company Secretary on 20 Apr 2019 & has been associated with this company since 6 years 9 months . was documented.
20 Apr 2019
Director Appointment

Ruchika Jain was appointed as a Director was appointed as a Director on 13 Apr 2017 & has been associated with this company since 8 years 9 months . was recorded as a recent event.
13 Apr 2017
Director Appointment

The activity Sourabh Jain was appointed as a Managing Director was appointed as a Managing Director on 21 Apr 2004 & has been associated with this company since 21 years 9 months . was completed.
21 Apr 2004
Company Incorporation

The activity Naad Software Private Limited was registered on 21 Apr 2004 with Roc Bangalore & aged 21 years 9 months as per MCA records. was completed.
21 Apr 2004

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