Needyin Technologies Private Limited

Needyin Technologies Private Limited - information technology in Hyderabad, Telangana, India. Directors, charges & compliance details.
CIN U72900TG2017PTC118739 Incorporated 04 August 2017 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Private Limited Company information technology DPIIT Startup
Data last updated
Revenue · FY 2019
₹5.05 Lakh
▼ 41% YoY
Net profit · FY 2019
₹1.24 Lakh
Net margin 24.6%
EBITDA · FY 2019
₹1.83 Lakh
EBITDA margin 36.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Brands
1
Associated brands

About Needyin Technologies Private Limited

Data last updated:

Needyin Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 04 August 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2017PTC118739.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ramesh Garikamokkala and Anshuman Chaturvedi.

Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at H.No 1 – 8 – 344(E) Hyderabad Office I Floor Indian Airlines Colony Begumpet, Telangana, India – 500016.

As per the financials filed for FY 2019, the company reported a revenue of ₹5.05 Lakh, a decline of 41% compared to the previous year. For the same year it recorded a net profit of ₹1.24 Lakh (net margin 24.6%) and EBITDA of ₹1.83 Lakh (EBITDA margin 36.3%).

The company is associated with 1 brand: Needyin.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website needyin.com.

Company details

CIN U72900TG2017PTC118739
Registration Number 118739
Incorporation Date 04 August 2017
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup

Recognitions & Rankings of Needyin Technologies

DPIIT recognised startup Government of India
Startup India

Contact details

Needyin Technologies Private Limited's registered office is in Hyderabad, Telangana.

  • Social Media
  • Apps
  • Registered Address
    H.No 1 – 8 – 344(E) Hyderabad Office I Floor Indian Airlines Colony Begumpet, Telangana, India – 500016
  • Industry
    Information Technology, Other Computer Related Activities
Comprehensive company report
Needyin 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
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Brands

Needyin Technologies operates one associated brand: Needyin. Each brand links to its own profile.

BrandDescriptionWebsite
Provider of job matching platform using AI algorithmsneedyin.com

Business activity

The main business activity of Needyin Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Needyin Technologies Private Limited, buy the company report.

Financials of Needyin Technologies Private Limited

FY 2019 filings available

Needyin Technologies Private Limited reported revenue of ₹5.05 Lakh (down 41% YoY) for FY 2019.

Revenue · FY 2019
₹5.05 Lakh ▼ 41%
Net profit · FY 2019
₹1.24 Lakh margin 24.6%
EBITDA · FY 2019
₹1.83 Lakh margin 36.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 41%
EBITDA CAGR growth
1 year
▲ 664%

Revenue fell 41% in the latest year. EBITDA rose 664% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2018-19FY 2017-18
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₹1.83 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.24 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

MetricsFY 2018-19FY 2017-18
Profitability
EBITDA Margin36.3%
Net Profit Margin24.6%
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 Needyin Technologies Private Limited, buy the company report.

Board of directors of Needyin Technologies Private Limited

Needyin Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Anshuman ChaturvediAdditional Director01 Jun 20206 Years 4 MonthsCurrent
Ramesh GarikamokkalaDirector04 Aug 20179 Years 2 MonthsCurrent

Peer comparison

Needyin Technologies Private Limited is compared with the 4 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Lexivert Transport and Logistics Private Limited₹5.05 Lakh (FY 2025)-66.0%Dibrugarh, Assam, India
Marodia and Tibrewal Private Limited₹5.05 Lakh (FY 2025)9.0%Padrauna, Uttar Pradesh, India
Pioneer Maritime Solutions Private Limited₹5.05 Lakh (FY 2021)-59.0%Mumbai, Maharashtra, India
Needyin Technologies Private Limitedthis company₹5.05 Lakh (FY 2019)₹1.24 Lakh24.6%-41.0%Hyderabad, Telangana, India
Diginxthlt Solutions and Services Private Limited₹5.04 Lakh (FY 2025)-76.0%Bengaluru, Karnataka, India

To see the full peer comparison of Needyin Technologies Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Needyin Technologies 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 Needyin Technologies Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Needyin Technologies Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Baladitya Venkata Srinivasa Damuluri ceased to be Director on 04 Jun 2020.

Ceased
Baladitya Venkata Srinivasa Damuluri ceased to be Director.
Appointed
Anshuman Chaturvedi was appointed as Additional Director.
AGM
Needyin Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Filing
Needyin Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Hyderabad.
Appointed
Ramesh Garikamokkala was appointed as Director.
Incorporation
04 Aug 2017
Needyin Technologies Private Limited was registered on 04 Aug 2017 with Roc Hyderabad & aged 9 years 2 months as per MCA records.

Frequently asked questions

Needyin Technologies is an active private limited company based in Hyderabad, Telangana, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 04 August 2017 (9+ years old) and is registered under CIN U72900TG2017PTC118739.

Needyin Technologies has 2 current directors:

The latest financial statements of Needyin Technologies on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2018 are in the company report.

The CIN (Corporate Identification Number) of Needyin Technologies is U72900TG2017PTC118739. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Needyin Technologies was incorporated on 04 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Hyderabad.

The peers of Needyin Technologies by revenue are Lexivert Transport and Logistics Private Limited, Marodia and Tibrewal Private Limited, Pioneer Maritime Solutions Private Limited, Diginxthlt Solutions and Services Private Limited, all in the same principal business activity (other professional, scientific and technical activities).

Baladitya Venkata Srinivasa Damuluri ceased to be Director on 04 Jun 2020. Anshuman Chaturvedi was appointed as Additional Director on 01 Jun 2020. Ramesh Garikamokkala was appointed as Director on 04 Aug 2017.

Yes, Needyin Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Needyin Technologies can be reached through the website needyin.com. Its registered office is in Hyderabad, Telangana, India.

The registered office of Needyin Technologies is at H.No 1 – 8 – 344E Hyderabad Office I Floor Indian Airlines Colony Begumpet, Telangana, India – 500016.

Needyin Technologies operates in the information technology industry, in the other computer related activities segment.