MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-UP-28-0026876
Must IT Services Private Limited - information technology in Greater Noida, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.36 Cr
▼ 64% YoY
Net profit · FY 2025
₹4.21 Lakh
Net margin 3.1%
EBITDA · FY 2025
₹6.91 Lakh
EBITDA margin 5.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Employees · EPFO
16
Provident fund records
Directors on board
2
As per MCA filings
About Must IT Services Private Limited
Data last updated:
Must IT Services Private Limited is a private limited company based in Greater Noida, Uttar Pradesh, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 06 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U74999UP2016PTC086925. Its GSTIN is 09AAKCM7212K1Z5 (Uttar Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Anshu Sharma and Prem Kumar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Flat No – 1507 B12A Eco Village – 2 Gh – 01 Sector – 16B, Greater Noida, Uttar Pradesh, India – 201301.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.36 Cr, a decline of 64% compared to the previous year. For the same year it recorded a net profit of ₹4.21 Lakh (net margin 3.1%) and EBITDA of ₹6.91 Lakh (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years and 42% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Must IT Services.
Must IT Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0026876). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mustitservices.com.
Company details
CIN U74999UP2016PTC086925
Registration Number 086925
Incorporation Date 06 October 2016
ROC Kanpur
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-UP-28-0026876
Recognitions & Rankings of Must IT Services
Contact details
Must IT Services Private Limited's registered office is in Greater Noida, Uttar Pradesh. Its website is mustitservices.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat No – 1507 B12A Eco Village – 2 Gh – 01 Sector – 16B, Greater Noida, Uttar Pradesh, India – 201301
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Must IT Services Private Limited, buy the company report.
Comprehensive company report
Must IT Services 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
Must IT Services operates one associated brand: Must IT Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT services encompassing consulting, web development, and school automation in India. | mustitservices.com |
Business activity
The main business activity of Must IT Services is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Must IT Services Private Limited, buy the company report.
Financials of Must IT Services Private Limited
FY 2024 filings availableMust IT Services Private Limited reported revenue of ₹1.36 Cr (down 64% YoY) for FY 2025.
Revenue · FY 2025
₹1.36 Cr ▼ 64%
Net profit · FY 2025
₹4.21 Lakh margin 3.1%
EBITDA · FY 2025
₹6.91 Lakh margin 5.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 64%
3 years · compounded
▲ 51%
5 years · compounded
▲ 42%
EBITDA CAGR growth
1 year
▼ 84%
3 years · compounded
▲ 21%
5 years · compounded
▲ 15%
Revenue fell 64% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 42%. EBITDA fell 84% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹6.91 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.21 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.1% | ||||
| Net Profit Margin | 3.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Must IT Services Private Limited, buy the company report.
Board of directors of Must IT Services Private Limited
Must IT Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anshu Sharma | Director | 06 Oct 2016 | 10 Years 1 Months | Current |
| Prem Kumar | Additional Director | 30 Mar 2023 | 3 Years 7 Months | Current |
Peer comparison
Must IT Services Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Apiscribe Software Private Limited | ₹1.36 Cr (FY 2024) | -34.0% | Pune, Maharashtra, India | |||
| K2o Consulting Private Limited | ₹1.36 Cr (FY 2024) | -37.0% | Bangalore, Karnataka, India | |||
| Cerebtec Technologies Private Limited | ₹1.36 Cr (FY 2018) | Ernakulam, Kerala, India | ||||
| Venhan Technologies Private Limited | ₹1.36 Cr (FY 2024) | -68.0% | Hyderabad, Telangana, India | |||
| Entre Biz India Private Limited | ₹1.36 Cr (FY 2023) | Thiruvananthapuram, Kerala, India | ||||
| Must IT Services Private Limitedthis company | ₹1.36 Cr (FY 2025) | ₹4.21 Lakh | 3.1% | -64.0% | 16 | Greater Noida, Uttar Pradesh, India |
| Succor Technologies India Private Limited | ₹1.36 Cr (FY 2025) | 7.0% | Hyderabad, Telangana, India | |||
| SV Aurora Innovations Private Limited | ₹1.36 Cr (FY 2025) | Chennai, Tamil Nadu, India | ||||
| Allianz Cyber Security India Private Limited | ₹1.36 Cr (FY 2022) | 2497.0% | Patel Nagar, Delhi, India | |||
| Sanvei Overseas Private Limited | ₹1.36 Cr (FY 2025) | -83.0% | New Delhi, Delhi, India |
To see the full peer comparison of Must IT Services Private Limited, buy the company report.
Auditor
Must IT Services Private Limited is audited by AASK&CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AASK&CO. | FY 2023 | 024812N |
Shareholding
The shareholding of Must IT Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Must IT Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Must IT Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Must IT Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Must IT Services Private Limited has a workforce of 16 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
16
Active EPFO establishments
1
Employee growth
77.8%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 16 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Must IT Services Private Limited, buy the company report.
GST
Must IT Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAKCM7212K1Z5 | Uttar Pradesh | Active | 22 Aug 2017 |
To see the full GST registrations and return filing status of Must IT Services Private Limited, buy the company report.
Recent activity
Must IT Services Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Sapna Thukral ceased to be Director on 14 Apr 2023.
AGM
Must It Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Must It Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
Ceased
Sapna Thukral ceased to be Director.
Appointed
Prem Kumar was appointed as Additional Director.
Appointed
Anshu Sharma was appointed as Director.
Incorporation
06 Oct 2016
Must It Services Private Limited was registered on 06 Oct 2016 with Roc Kanpur & aged 10 years 1 month as per MCA records.
Frequently asked questions
Must IT Services is an active private limited company based in Greater Noida, Uttar Pradesh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 06 October 2016 (10+ years old) and is registered under CIN U74999UP2016PTC086925.
Must IT Services has 2 current directors:
- Anshu Sharma - Director
- Prem Kumar - Additional Director
The latest financial statements of Must IT Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Must IT Services is 09AAKCM7212K1Z5, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Must IT Services is U74999UP2016PTC086925. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Must IT Services was incorporated on 06 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Must IT Services by revenue are Apiscribe Software Private Limited, K2o Consulting Private Limited, Cerebtec Technologies Private Limited, Venhan Technologies Private Limited, Entre Biz India Private Limited and 4 more, all in the same principal business activity (other information & communication service activities).
Sapna Thukral ceased to be Director on 14 Apr 2023. Prem Kumar was appointed as Additional Director on 30 Mar 2023. Anshu Sharma was appointed as Director on 06 Oct 2016.
Yes, Must IT Services is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-28-0026876).
Must IT Services can be reached through the website mustitservices.com. Its registered office is in Greater Noida, Uttar Pradesh, India.
The registered office of Must IT Services is at Flat No – 1507 B12A Eco Village – 2 Gh – 01 Sector – 16B, Greater Noida, Uttar Pradesh, India – 201301.
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