Needsync Solutions LLP
About Needsync Solutions LLP
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Needsync Solutions LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 12 November 2015 and has been in existence for over 11 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAF-1547. Its GSTIN is 27AAMFN3641G1Z6 (Maharashtra).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Anita Prakash Lolekar and Prakash Ramkrishna Lolekar.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹5.32 Lakh, a decline of 81% compared to the previous year. For the same year it recorded a net profit of ₹14,021 (net margin 2.6%) and EBITDA of ₹39,729 (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 43% over five years.
The LLP is associated with 1 brand: NeedSync.
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- Registered AddressC/704 Vini Garden II Near Mary Immaculate Girls High School, Mandapeshwar Road Borivali West, Mumbai, Maharashtra, India – 400103
- IndustryBusiness Outsourcing, Business & IT Consulting, HR Outsourcing & Talent Management
- 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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Financials of Needsync Solutions LLP FY 2025 filings available
Needsync Solutions LLP reported revenue of ₹5.32 Lakh (down 81% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Needsync Solutions LLP
Revenue fell 81% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 43%. EBITDA fell 67% 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 of Needsync Solutions LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹14,021 | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Needsync Solutions LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 2.6% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Needsync Solutions are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Designated Partners of Needsync Solutions LLP
Needsync Solutions has 2 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anita Prakash Lolekar Also directs: Needsync Foundation | Designated Partner | 12 Nov 2015 | 10 Years 11 Months | Current |
| Prakash Ramkrishna Lolekar Also directs: Needsync Foundation | Designated Partner | 12 Nov 2015 | 10 Years 11 Months | Current |
Ownership and Shareholding of Needsync Solutions LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Needsync Solutions LLP
Needsync Solutions LLP does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Needsync Solutions LLP
Needsync Solutions operates one associated brand: NeedSync. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides HR solutions and facilitates Ayurvedic herb exports for businesses. | needsync.com |
Employees and EPFO Compliance at Needsync Solutions LLP
Employment history and EPFO contributions of people linked to Needsync Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Needsync Solutions LLP
Needsync Solutions LLP has 2 designated partner changes on record since 2015: 2 appointments. The latest: Anita Prakash Lolekar was appointed as Designated Partner on 12 Nov 2015.
Credit Ratings, Litigation & Regulatory Alerts for Needsync Solutions LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Needsync Solutions LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Needsync Solutions LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Needsync Solutions LLP
Needsync Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMFN3641G1Z6 | Maharashtra | Active | 06 Nov 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Needsync Solutions LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Needsync Solutions LLP
Needsync Solutions is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in business and IT consulting, within the business outsourcing industry. It was incorporated on 12 November 2015 (11+ years old) and is registered under LLPIN AAF-1547.
Needsync Solutions reported revenue of ₹5.32 Lakh for FY 2023 (down 81% YoY).
Needsync Solutions has 2 current designated partners:
- Anita Prakash Lolekar - Designated Partner
- Prakash Ramkrishna Lolekar - Designated Partner
Needsync Solutions reported a net profit of ₹14,021 (net margin 2.6%) and EBITDA of ₹39,729 (EBITDA margin 7.5%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Needsync Solutions is 14% over three years and 43% over five years. In the latest year (FY 2023) revenue fell 81%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Needsync Solutions is 27AAMFN3641G1Z6, registered in Maharashtra.
The LLPIN (Limited Liability Partnership Identification Number) of Needsync Solutions is AAF-1547. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Needsync Solutions was incorporated on 12 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Anita Prakash Lolekar was appointed as Designated Partner on 12 Nov 2015. Prakash Ramkrishna Lolekar was appointed as Designated Partner on 12 Nov 2015.
The registered office of Needsync Solutions is at C704 Vini Garden II Near Mary Immaculate Girls High School, Mandapeshwar Road Borivali West, Mumbai, Maharashtra, India – 400103.