Needrapid Private Limited
About Needrapid Private Limited
Data last updated:
Needrapid Private Limited is a private limited company based in Bhagalpur, Bihar, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 31 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Patna, under CIN U72900BR2020PTC047189.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Gyanendra Kumar and Kunal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Shop No 20 &21 2nd Floor Shiva Complex Near Lohia Pool Patal Babu Road, Bhagalpur, Bihar, India – 812001.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.67 Lakh, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹25,235 (net margin -4.5%) and EBITDA of -₹25,235 (EBITDA margin -4.5%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years.
Company details
Contact details
Needrapid Private Limited's registered office is in Bhagalpur, Bihar.
- Registered AddressShop No 20 &21 2nd Floor Shiva Complex Near Lohia Pool Patal Babu Road, Bhagalpur, Bihar, India – 812001
- IndustryInformation Technology, Other Computer Related Activities
- 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 Needrapid is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Needrapid Private Limited, buy the company report.
Financials of Needrapid Private Limited
FY 2024 filings availableNeedrapid Private Limited reported revenue of ₹5.67 Lakh (down 40% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 40% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 95% 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 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 | -₹25,235 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹25,235 | |||
| 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 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -4.5% | |||
| Net Profit Margin | -4.5% | |||
| 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 Needrapid Private Limited, buy the company report.
Board of directors of Needrapid Private Limited
Needrapid has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gyanendra Kumar | Director | 31 Jul 2020 | 6 Years 2 Months | Current |
| Kunal | Director | 31 Jul 2020 | 6 Years 2 Months | Current |
Peer comparison
Needrapid Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nayra Infolabs (OPC) Private Limited | ₹5.67 Lakh (FY 2025) | -86.0% | Indore, Madhya Pradesh, India | |||
| Ujjaini Microfinance Private Limited | ₹5.67 Lakh (FY 2024) | Gangarampur, West Bengal, India | ||||
| Indotech Information Systems Private Limited | ₹5.67 Lakh (FY 2025) | 55.0% | Bathinda, Punjab, India | |||
| Needrapid Private Limitedthis company | ₹5.67 Lakh (FY 2024) | -₹25,235 | -4.5% | -40.0% | Bhagalpur, Bihar, India | |
| Console Fixit Private Limited | ₹5.67 Lakh (FY 2025) | 577.0% | Bengaluru, Karnataka, India | |||
| Csir - Tech Private Limited | ₹5.66 Lakh (FY 2018) | -86.0% | Pune, Maharashtra, India | |||
| Ritevalue Consulting Private Limited | ₹5.66 Lakh (FY 2025) | 59.0% | Delhi, India | |||
| Network Magical Consulting Private Limited | ₹5.66 Lakh (FY 2024) | -67.0% | Delhi, India |
To see the full peer comparison of Needrapid Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Needrapid 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 Needrapid 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 Needrapid Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Needrapid Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Gyanendra Kumar was appointed as Director on 31 Jul 2020.
Frequently asked questions
Needrapid is an active private limited company based in Bhagalpur, Bihar, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 31 July 2020 (6+ years old) and is registered under CIN U72900BR2020PTC047189.
Needrapid has 2 current directors:
- Gyanendra Kumar - Director
- Kunal - Director
The latest financial statements of Needrapid on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Needrapid is U72900BR2020PTC047189. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Needrapid was incorporated on 31 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Patna.
The peers of Needrapid by revenue are Nayra Infolabs (OPC) Private Limited, Ujjaini Microfinance Private Limited, Indotech Information Systems Private Limited, Console Fixit Private Limited, Csir - Tech Private Limited and 2 more, all in the same principal business activity (other professional, scientific and technical activities).
Gyanendra Kumar was appointed as Director on 31 Jul 2020. Kunal was appointed as Director on 31 Jul 2020.
The registered office of Needrapid is at Shop No 20 &21 2nd Floor Shiva Complex Near Lohia Pool Patal Babu Road, Bhagalpur, Bihar, India – 812001.
Needrapid operates in the information technology industry, in the other computer related activities segment.
Needrapid can be reached at its registered office: Shop No 20 &21 2nd Floor Shiva Complex Near Lohia Pool Patal Babu Road, Bhagalpur, Bihar, India – 812001.
Needrapid is registered under the jurisdiction of the Registrar of Companies (ROC), Patna.