Necessity India Private Limited
About Necessity India Private Limited
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Necessity India Private Limited is a private limited company based in Mohali, Punjab, India. It operates in the specialised services segment of the trading and commerce sector. It was incorporated on 21 April 2022.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U51909PB2022PTC055731.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Gurbaksh Kaur and Ravinder Pal Singh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 166 First Floor Sunny Basant Airport Road Sector 117 Sas Nagar, Mohali, Punjab, India – 140307.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.52 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹86,724 (net margin 0.6%) and EBITDA of ₹5.19 Lakh (EBITDA margin 3.4%).
As per MCA filings, the company has open charges of ₹35 Lakh on record.
Company details
Contact details
Necessity India Private Limited's registered office is in Mohali, Punjab.
- Registered Address166 First Floor Sunny Basant Airport Road Sector 117 Sas Nagar, Mohali, Punjab, India – 140307
- IndustryTrading, Specialty, Wholesale
- 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
Business activity
The main business activity of Necessity India is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Necessity India Private Limited, buy the company report.
Financials of Necessity India Private Limited
FY 2025 filings availableNecessity India Private Limited reported revenue of ₹1.52 Cr (up 44% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 44% in the latest year. EBITDA rose 188% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| EBITDA | ₹5.19 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹86,724 | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| Profitability | |||
| EBITDA Margin | 3.4% | ||
| Net Profit Margin | 0.6% | ||
| Return on Equity (ROE) | |||
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To see the full financial statements and ratios of Necessity India Private Limited, buy the company report.
Board of directors of Necessity India Private Limited
Necessity India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gurbaksh Kaur | Director | 21 Apr 2022 | 4 Years 6 Months | Current |
| Ravinder Pal Singh Also directs: Pure Elegant Necessities LLP | Director | 21 Apr 2022 | 4 Years 6 Months | Current |
Peer comparison
Necessity India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trade, except of motor vehicles and motorcycles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Kashvi Keshav Private Limited | ₹1.52 Cr (FY 2025) | 429.0% | Delhi, India | |||
| Naturebridge Agritech Private Limited | ₹1.52 Cr (FY 2025) | 78.0% | Delhi, India | |||
| Benhaans Pharma Private Limited | ₹1.52 Cr (FY 2025) | 95.0% | Hyderabad, Telangana, India | |||
| Sky RC Private Limited | ₹1.52 Cr (FY 2025) | 347.0% | Dhanbad, Jharkhand, India | |||
| Starline Equifin Private Limited | ₹1.52 Cr (FY 2025) | -20.0% | Mumbai, Maharashtra, India | |||
| Necessity India Private Limitedthis company | ₹1.52 Cr (FY 2025) | ₹86,724 | 0.6% | 44.0% | Mohali, Punjab, India | |
| Lifeka Innovation Private Limited | ₹1.52 Cr (FY 2025) | -8.0% | Bhayander, Maharashtra, India | |||
| Flexxo Lifestyle Private Limited | ₹1.52 Cr (FY 2025) | 1529.0% | New Delhi, Delhi, India | |||
| Harvest Tradelink Private Limited | ₹1.52 Cr (FY 2025) | -34.0% | Mumbai, Maharashtra, India | |||
| Wiremate Global Private Limited | ₹1.52 Cr (FY 2025) | -11.0% | Indore, Madhya Pradesh, India | |||
| Agroegramhalsi Agriculture Producer Company Limited | ₹1.51 Cr (FY 2025) | 285.0% | Lakhisarai, Bihar, India |
To see the full peer comparison of Necessity India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Apr 2025 | 101087805 | Uco Bank | ₹35 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Necessity India 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 Necessity India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Necessity India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Necessity India Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Gurbaksh Kaur was appointed as Director on 21 Apr 2022.
Frequently asked questions
Necessity India is an active private limited company based in Mohali, Punjab, India. The company works in specialty, within the trading industry. It was incorporated on 21 April 2022 (4+ years old) and is registered under CIN U51909PB2022PTC055731.
Necessity India has 2 current directors:
- Gurbaksh Kaur - Director
- Ravinder Pal Singh - Director
The latest financial statements of Necessity India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Necessity India is U51909PB2022PTC055731. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Necessity India was incorporated on 21 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Necessity India by revenue are Shree Kashvi Keshav Private Limited, Naturebridge Agritech Private Limited, Benhaans Pharma Private Limited, Sky RC Private Limited, Starline Equifin Private Limited and 5 more, all in the same principal business activity (wholesale trade, except of motor vehicles and motorcycles).
Gurbaksh Kaur was appointed as Director on 21 Apr 2022. Ravinder Pal Singh was appointed as Director on 21 Apr 2022.
The registered office of Necessity India is at 166 First Floor Sunny Basant Airport Road Sector 117 Sas Nagar, Mohali, Punjab, India – 140307.
Necessity India operates in the trading industry, in the specialty segment.
Necessity India has open charges of ₹35 Lakh and no satisfied charges on record as per latest MCA filings.
Necessity India can be reached at its registered office: 166 First Floor Sunny Basant Airport Road Sector 117 Sas Nagar, Mohali, Punjab, India – 140307.
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