DPIIT recognised startup Government of India
Startup India
Needle Master Private Limited
Needle Master Private Limited - manufacturing in Vadodara, Gujarat, India. Directors, charges & compliance details.
Revenue · FY 2024
₹15.44 Cr
▲ 14% YoY
Net profit · FY 2024
₹1.21 Cr
Net margin 7.8%
EBITDA · FY 2024
₹1.52 Cr
EBITDA margin 9.8%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Needle Master Private Limited
Data last updated:
Needle Master Private Limited is a private limited company based in Vadodara, Gujarat, India, recognised as a startup by DPIIT. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 31 May 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17299GJ2021PTC122941. Its GSTIN is 24AAHCN6212B1Z0 (Gujarat).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Preet Hareshkumar Dave and Sandipkumar Arvindbhai Patel.
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 S F 202 Galav Chamber Sayajigunj, Vadodara, Gujarat, India – 390020.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.44 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹1.21 Cr (net margin 7.8%) and EBITDA of ₹1.52 Cr (EBITDA margin 9.8%).
Needle Master Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0025439).
Company details
CIN U17299GJ2021PTC122941
Registration Number 122941
Incorporation Date 31 May 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-GJ-24-0025439
Recognitions & Rankings of Needle Master
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-24-0025439
Contact details
Needle Master Private Limited's registered office is in Vadodara, Gujarat.
- Registered AddressS F 202 Galav Chamber Sayajigunj, Vadodara, Gujarat, India – 390020
- IndustryManufacturing, Plastic-Based Products
Comprehensive company report
Needle Master 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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Business activity
The main business activity of Needle Master 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 Needle Master Private Limited, buy the company report.
Financials of Needle Master Private Limited
FY 2025 filings availableNeedle Master Private Limited reported revenue of ₹15.44 Cr (up 14% YoY) for FY 2024.
Revenue · FY 2024
₹15.44 Cr ▲ 14%
Net profit · FY 2024
₹1.21 Cr margin 7.8%
EBITDA · FY 2024
₹1.52 Cr margin 9.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 14%
EBITDA CAGR growth
1 year
▲ 12%
Revenue rose 14% in the latest year. EBITDA rose 12% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | ₹1.52 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.21 Cr | ||
| 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 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 9.8% | ||
| Net Profit Margin | 7.8% | ||
| 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 Needle Master Private Limited, buy the company report.
Board of directors of Needle Master Private Limited
Needle Master has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Preet Hareshkumar Dave Also directs: Pragat Global Private Limited, Prayosha Expo Private Limited | Director | 31 May 2021 | 5 Years 5 Months | Current |
| Sandipkumar Arvindbhai Patel | Director | 31 May 2021 | 5 Years 5 Months | Current |
Legal cases
No court or tribunal cases involving Needle Master 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 Needle Master Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Needle Master has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCN6212B1Z0 | Gujarat | Active | 05 Jun 2021 |
To see the full GST registrations and return filing status of Needle Master Private Limited, buy the company report.
Recent activity
Needle Master Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Preet Hareshkumar Dave was appointed as Director on 31 May 2021.
AGM
Needle Master Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Needle Master Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Preet Hareshkumar Dave was appointed as Director.
Appointed
Sandipkumar Arvindbhai Patel was appointed as Director.
Incorporation
31 May 2021
Needle Master Private Limited was registered on 31 May 2021 with Roc Ahmedabad & aged 5 years 5 months as per MCA records.
Frequently asked questions
Needle Master is an active private limited company based in Vadodara, Gujarat, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 31 May 2021 (5+ years old) and is registered under CIN U17299GJ2021PTC122941.
Needle Master has 2 current directors:
- Preet Hareshkumar Dave - Director
- Sandipkumar Arvindbhai Patel - Director
The latest financial statements of Needle Master 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 2022 are in the company report.
The GSTIN of Needle Master is 24AAHCN6212B1Z0, registered in Gujarat.
The CIN (Corporate Identification Number) of Needle Master is U17299GJ2021PTC122941. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Needle Master was incorporated on 31 May 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Preet Hareshkumar Dave was appointed as Director on 31 May 2021. Sandipkumar Arvindbhai Patel was appointed as Director on 31 May 2021.
Yes, Needle Master is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Needle Master is registered as an MSME under Udyam registration (number: UDYAM-GJ-24-0025439).
The registered office of Needle Master is at S F 202 Galav Chamber Sayajigunj, Vadodara, Gujarat, India – 390020.
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