DPIIT recognised startup Government of India
Startup India
Napses Technologies Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹25.66 Cr
▲ 44% YoY
Net profit · FY 2025
₹49.29 Lakh
Net margin 1.9%
EBITDA · FY 2025
₹96.52 Lakh
EBITDA margin 3.8%
Authorised capital
₹85 Lakh
Registered with MCA
Paid-up capital
₹5.26 Lakh
Issued & subscribed
Open charges
₹1.11 Cr
Satisfied ₹22.5 Lakh
Company age
9 yrs
Est. 2017
Employees · EPFO
95
Provident fund records
About Napses Technologies Private Limited
Data last updated:
Napses Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 21 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74110KA2017PTC101538. Its GSTIN is 29AAFCN5538A1ZJ (Karnataka).
The company has an authorised share capital of ₹85 Lakh and a paid-up capital of ₹5.26 Lakh. It is led by directors Mysore Venkatesh Praveen and Giridharan Natarajan.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.66 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹49.29 Lakh (net margin 1.9%) and EBITDA of ₹96.52 Lakh (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 197% over five years.
The company has about 95 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: MVPRockets and Napses. As per MCA filings, the company has open charges of ₹1.11 Cr and satisfied charges of ₹22.5 Lakh on record.
Napses Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0072228). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website napses.com.
Company details
CIN U74110KA2017PTC101538
Registration Number 101538
Incorporation Date 21 March 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KR-03-0072228
CIN history
Napses Technologies has one previous CIN (Corporate Identification Number): U72900KA2017PTC101538. The current CIN is U74110KA2017PTC101538, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110KA2017PTC101538 | Current |
| U72900KA2017PTC101538 | Previous |
Recognitions & Rankings of Napses Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0072228
Contact details
Napses Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is napses.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1656 4th Floor 27th Main, 2nd Sector Hsr Layout, Bangalore, Karnataka, India – 560102
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Napses Technologies Private Limited, buy the company report.
Comprehensive company report
Napses Technologies 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Napses Technologies operates two associated brands: MVPRockets and Napses. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers MVP building and product development for startups and enterprises. | mvprockets.com | |
| Mobile, web development, cloud, DevOps, and UI/UX services are provided. | napses.com |
Business activity
The main business activity of Napses Technologies 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 Napses Technologies Private Limited, buy the company report.
Financials of Napses Technologies Private Limited
FY 2024 filings availableNapses Technologies Private Limited reported revenue of ₹25.66 Cr (up 44% YoY) for FY 2025.
Revenue · FY 2025
₹25.66 Cr ▲ 44%
Net profit · FY 2025
₹49.29 Lakh margin 1.9%
EBITDA · FY 2025
₹96.52 Lakh margin 3.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 44%
3 years · compounded
▲ 35%
5 years · compounded
▲ 197%
EBITDA CAGR growth
1 year
▲ 193%
3 years · compounded
▼ 30%
5 years · compounded
▲ 114%
Revenue has grown at a compounded annual rate (CAGR) of 197% over five years, including 44% growth in the latest year. EBITDA rose 193% 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 |
|---|---|---|---|---|---|
| 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 | ₹96.52 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹49.29 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.8% | ||||
| Net Profit Margin | 1.9% | ||||
| 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 | |||||
To see the full financial statements and ratios of Napses Technologies Private Limited, buy the company report.
Board of directors of Napses Technologies Private Limited
Napses Technologies has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mysore Venkatesh Praveen Also directs: Eatero Food Emarketplace LLP, Boltx Labs Private Limited | Director | 21 Mar 2017 | 9 Years 7 Months | Current |
| Giridharan Natarajan Also directs: Boltx Labs Private Limited | Director | 21 Mar 2017 | 9 Years 7 Months | Current |
Peer comparison
Napses Technologies Private Limited is compared with the 10 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 |
|---|---|---|---|---|---|---|
| Codilar Technologies Private Limited | ₹25.77 Cr (FY 2025) | -22.0% | Bangalore, Karnataka, India | |||
| Pace Wisdom Solutions Private Limited | ₹25.75 Cr (FY 2025) | -27.0% | Bangalore, Karnataka, India | |||
| Datalink Software Private Limited | ₹25.73 Cr (FY 2025) | 16.0% | Hyderabad, Telangana, India | |||
| Information Security Media Group (India) Private Limited | ₹25.73 Cr (FY 2024) | 61.0% | Mumbai, Maharashtra, India | |||
| Omnia Information Private Limited | ₹25.71 Cr (FY 2025) | 58.0% | New Delhi, Delhi, India | |||
| Napses Technologies Private Limitedthis company | ₹25.66 Cr (FY 2025) | ₹49.29 Lakh | 1.9% | 44.0% | 95 | Bangalore, Karnataka, India |
| Great Media Technologies Pvt Ltd | ₹25.6 Cr (FY 2025) | 97.0% | Kolkata, West Bengal, India | |||
| Nti Technologies Private Limited | ₹25.6 Cr (FY 2025) | 44.0% | Bangalore, Karnataka, India | |||
| Bootlabs Technologies Private Limited | ₹25.55 Cr (FY 2025) | 81.0% | Chennai, Tamil Nadu, India | |||
| GKS Infotech Private Limited | ₹25.51 Cr (FY 2025) | 6.0% | Ernakulam, Kerala, India | |||
| Mithril Telecommunications Private Limited | ₹25.49 Cr (FY 2024) | -10.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Napses Technologies Private Limited, buy the company report.
Auditor
Napses Technologies Private Limited is audited by KALAISELVAN M for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KALAISELVAN M | FY 2023 | 211652 |
Shareholding
The shareholding of Napses Technologies 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 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Napses Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.11 Cr
Satisfied charges
₹22.5 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Feb 2022 | 100532113 | Others | ₹1.11 Cr | Open | |
| 02 Feb 2022 | 100555765 | Indian Overseas Bank | ₹22.5 Lakh | Satisfied |
To see the full charge records of Napses Technologies Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Napses Technologies 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
Napses Technologies Private Limited has 2 MSME Form 1 returns on record between 2021 and 2022, listing 7 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Rsin Flexirentals Private Limited | |||
| an individual supplier | |||
| Mountblue Technologies Private Limited |
To see the full MSME payment records of Napses Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Napses Technologies Private Limited has a workforce of 95 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
95
Active EPFO establishments
1
GST
Napses Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCN5538A1ZJ | Karnataka | Active | 28 Feb 2018 |
To see the full GST registrations and return filing status of Napses Technologies Private Limited, buy the company report.
Recent activity
Napses Technologies Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Giridharan Natarajan was appointed as Director on 21 Mar 2017.
Charges
A charge registered on 02 Feb 2022 via Charge ID 100555765 with Indian Overseas Bank was fully satisfied on 18 Oct 2024.
AGM
Napses Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Napses Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Indian Overseas Bank amounted to Rs. 22.50 Lakh with Charge ID 100555765 was registered on 02 Feb 2022.
Charges
A charge with Others amounted to Rs. 111.00 Lakh with Charge ID 100532113 was registered on 01 Feb 2022.
Appointed
Giridharan Natarajan was appointed as Director.
Appointed
Mysore Venkatesh Praveen was appointed as Director.
Incorporation
21 Mar 2017
Napses Technologies Private Limited was registered on 21 Mar 2017 with Roc Bangalore & aged 9 years 7 months as per MCA records.
Frequently asked questions
Napses Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 21 March 2017 (9+ years old) and is registered under CIN U74110KA2017PTC101538.
Napses Technologies has 2 current directors:
- Mysore Venkatesh Praveen - Director
- Giridharan Natarajan - Director
The latest financial statements of Napses Technologies 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 Napses Technologies is 29AAFCN5538A1ZJ, registered in Karnataka.
The CIN (Corporate Identification Number) of Napses Technologies is U74110KA2017PTC101538. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Napses Technologies was incorporated on 21 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Napses Technologies by revenue are Codilar Technologies Private Limited, Pace Wisdom Solutions Private Limited, Datalink Software Private Limited, Information Security Media Group (India) Private Limited, Omnia Information Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Giridharan Natarajan was appointed as Director on 21 Mar 2017. Mysore Venkatesh Praveen was appointed as Director on 21 Mar 2017.
Yes, Napses Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Napses Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0072228).
Napses Technologies has 2 MSME Form 1 returns on record between 2021 and 2022, listing 7 overdue payments to 3 micro and small suppliers. The latest return was filed on 30 Apr 2022.
Napses Technologies can be reached through the website napses.com. Its registered office is in Bangalore, Karnataka, India.