About Needz Mart Private Limited
Data last updated:
Needz Mart Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the retail trade segment of the trading and commerce sector. It was incorporated on 17 July 2015.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U52100TN2015PTC101453. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors Gopalaswamy Sellappa and Krishnan Seshadri.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Plot No. 926 New No.3 Bazar Road Ram Nagar South Madipakkam, Chennai, Tamil Nadu, India – 600091.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.87 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹80.86 Lakh (net margin -43.1%) and EBITDA of -₹74.08 Lakh (EBITDA margin -39.5%).
The last known website on record is needzmart.in.
Company details
Contact details
Needz Mart Private Limited's registered office is in Chennai, Tamil Nadu. Its website is needzmart.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 926 New No.3 Bazar Road Ram Nagar South Madipakkam, Chennai, Tamil Nadu, India – 600091
- IndustryTrading, Retailers, Retail Trading
To see the full contact details of Needz Mart Private Limited, buy the company report.
- 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 Needz Mart is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Needz Mart Private Limited, buy the company report.
Financials of Needz Mart Private Limited
FY 2018 filings availableNeedz Mart Private Limited reported revenue of ₹1.87 Cr (down 27% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 27% in the latest year. EBITDA fell 889% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| 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 | -₹74.08 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹80.86 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -39.5% | ||
| Net Profit Margin | -43.1% | ||
| 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 Needz Mart Private Limited, buy the company report.
Board of directors of Needz Mart Private Limited
Needz Mart has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gopalaswamy Sellappa Also directs: Osyte Technologies Private Limited | Director | 17 Jul 2015 | 11 Years 3 Months | As last reported |
| Krishnan Seshadri | Director | 17 Jul 2015 | 11 Years 3 Months | As last reported |
Peer comparison
Needz Mart Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aviral Technology Solutions and Telecom Private Limited | ₹1.87 Cr (FY 2024) | 19.0% | New Delhi, Delhi, India | |||
| Intertrade Commercial Services Private Limited | ₹1.87 Cr (FY 2017) | 2.0% | Mumbai, Maharashtra, India | |||
| Verdent Organics Producer Company Limited | ₹1.87 Cr (FY 2021) | 1438.0% | Shahjahanpur, Uttar Pradesh, India | |||
| Caprius Life Sciences Private Limited | ₹1.87 Cr (FY 2023) | -51.0% | Thane, Maharashtra, India | |||
| Healthyhome Care Marketing Private Limited | ₹1.87 Cr (FY 2015) | 5.0% | Chennai, Tamil Nadu, India | |||
| Needz Mart Private Limitedthis company | ₹1.87 Cr (FY 2018) | -₹80.86 Lakh | -43.1% | -27.0% | Chennai, Tamil Nadu, India | |
| Nakshatra Bantia Furnitures Private Limited | ₹1.87 Cr (FY 2025) | -36.0% | Hyderabad, Telangana, India | |||
| Suvidhi Synthetics Private Limited | ₹1.87 Cr (FY 2024) | -19.0% | Punjab, India | |||
| Vashdev Tolaram (Agencies) Private Limited | ₹1.87 Cr (FY 2025) | 13.0% | Kolkata, West Bengal, India | |||
| Blep Petcare World Private Limited | ₹1.87 Cr (FY 2024) | 6185.0% | Delhi, India | |||
| Uv Advertising and Retail Private Limited | ₹1.87 Cr (FY 2016) | -42.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Needz Mart Private Limited, buy the company report.
Auditor
Needz Mart Private Limited is audited by S.K.SETHURAMAN for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.K.SETHURAMAN | FY 2017 | 22532 |
Shareholding
The shareholding of Needz Mart Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Needz Mart Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Needz Mart 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 Needz Mart Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Needz Mart has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Needz Mart Private Limited, buy the company report.
Recent activity
Needz Mart Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Gopalaswamy Sellappa was appointed as Director on 17 Jul 2015.
Frequently asked questions
Needz Mart has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Needz Mart was a private limited company based in Chennai, Tamil Nadu, India. The company worked in retailers, within the trading industry. It was incorporated on 17 July 2015 and is registered under CIN U52100TN2015PTC101453. The company has been struck off by the Registrar of Companies and is no longer operational.
Needz Mart had 2 directors:
- Gopalaswamy Sellappa - Director
- Krishnan Seshadri - Director
The CIN (Corporate Identification Number) of Needz Mart is U52100TN2015PTC101453. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Needz Mart is at Plot No. 926 New No.3 Bazar Road Ram Nagar South Madipakkam, Chennai, Tamil Nadu, India – 600091.
Needz Mart was incorporated on 17 July 2015. It is registered with the Registrar of Companies, Chennai.
Needz Mart can be reached through the website needzmart.in. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Needz Mart on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from FY 2016 are in the company report.
No. Needz Mart has 1 GST registration on record and it is cancelled or inactive.
Needz Mart operated in the trading industry, in the retailers segment. It worked in this industry before it was struck off.
The peers of Needz Mart by revenue are Aviral Technology Solutions and Telecom Private Limited, Intertrade Commercial Services Private Limited, Verdent Organics Producer Company Limited, Caprius Life Sciences Private Limited, Healthyhome Care Marketing Private Limited and 5 more, all in the same principal business activity (retail trading).