Startup India Government of India
Net2source LLP - information technology in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹6.52 Cr
▲ 41% YoY
Net profit · FY 2022
₹13.67 Lakh
Net margin 2.1%
EBITDA · FY 2022
₹24.85 Lakh
EBITDA margin 3.8%
Contribution obligation
₹1 Lakh
As per LLP agreement
LLP age
8 yrs
Est. 2018
Employees · EPFO
77
Provident fund records
Designated partners
2
As per MCA filings
Active GSTINs
1
of 2 registered
About Net2source LLP
Data last updated:
Net2source LLP is a limited liability partnership (LLP) based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 06 March 2018 and has been in existence for over 8 years.
The LLP is registered with the Registrar of Companies (ROC), Delhi, under LLPIN AAM-1668. Its GSTIN is 09AAPFN2557C2Z3 (Uttar Pradesh). The LLP holds 2 GST registrations, of which 1 is active.
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Sheena Garg and Ashish Garg.
Its latest statement of accounts is for the year ended 31 March 2023. The registered office is at B – 66 Vivek Vihar Phase – I New Delhi Delhi – 110095 India, Delhi, India – 110095.
As per the financials filed for FY 2022, the LLP reported a revenue of ₹6.52 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹13.67 Lakh (net margin 2.1%) and EBITDA of ₹24.85 Lakh (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 92% over three years.
The LLP has about 77 employees on its provident fund (EPFO) records.
Net2source LLP is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-02-0010355). For more details, the LLP can be reached via its website net2source.com.
Company details
LLPIN AAM-1668
Incorporation Date 06 March 2018
Total Obligation of Contribution ₹1 Lakh
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-DL-02-0010355
Recognitions & Rankings of Net2source
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-DL-02-0010355
Contact details
Net2source LLP's registered office is in New Delhi, Delhi. Its website is net2source.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Apps
- Registered AddressB – 66 Vivek Vihar Phase – I New Delhi Delhi – 110095 India, Delhi, India – 110095
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Net2source LLP, buy the company report.
Comprehensive company report
Net2source LLP - 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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Financials of Net2source LLP
FY 2023 filings availableNet2source LLP reported revenue of ₹6.52 Cr (up 41% YoY) for FY 2022.
Revenue · FY 2022
₹6.52 Cr ▲ 41%
Net profit · FY 2022
₹13.67 Lakh margin 2.1%
EBITDA · FY 2022
₹24.85 Lakh margin 3.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 41%
3 years · compounded
▲ 92%
EBITDA CAGR growth
1 year
▼ 37%
Revenue has grown at a compounded annual rate (CAGR) of 92% over three years, including 41% growth in the latest year. EBITDA fell 37% 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
| Statement of Account and Solvency | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profit After Tax | ₹13.67 Lakh | ||||
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Financial Ratios
| Statement of Account and Solvency | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Net Profit Margin | 2.1% | ||||
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To see the full financial statements and ratios of Net2source LLP, buy the company report.
Designated partners of Net2source LLP
Net2source has 2 designated partners on record. No former designated partners are listed.
Current Designated Partners
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sheena Garg Also directs: Shyam Sulphur LLP, Nutrigo Feeds Private Limited | Designated Partner | 06 Mar 2018 | 8 Years 7 Months | Current |
| Ashish Garg Also directs: Agrg Products Private Limited, Jevic Organics India Private Limited, Agrg Industries Private Limited and 5 more | Designated Partner | 06 Mar 2018 | 8 Years 7 Months | Current |
Legal cases
No court or tribunal cases involving Net2source LLP 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 Net2source LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Net2source LLP has a workforce of 77 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
77
Active EPFO establishments
1
Employee growth
-10.47%
GST
Net2source has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAPFN2557C2Z3 | Uttar Pradesh | Active | 23 Jan 2022 |
To see the full GST registrations and return filing status of Net2source LLP, buy the company report.
Recent activity
Net2source LLP has 2 designated partner changes on record since 2018: 2 appointments. The latest: Ashish Garg was appointed as Designated Partner on 06 Mar 2018.
AGM
Net2Source Llp last Annual general meeting of members was held on 31 Mar 2023 as per latest MCA records.
Filing
Net2Source Llp has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
Appointed
Ashish Garg was appointed as Designated Partner.
Appointed
Sheena Garg was appointed as Designated Partner.
Incorporation
06 Mar 2018
Net2Source Llp was registered on 06 Mar 2018 with Roc Delhi & aged 8 years 7 months as per MCA records.
Frequently asked questions
Net2source is an active limited liability partnership based in New Delhi, Delhi, India. The LLP works in software development and support services, within the information technology industry. It was incorporated on 06 March 2018 (8+ years old) and is registered under LLPIN AAM-1668.
Net2source has 2 current designated partners:
- Sheena Garg - Designated Partner
- Ashish Garg - Designated Partner
The latest financial statements of Net2source on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 31 March 2023. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Net2source is 09AAPFN2557C2Z3, registered in Uttar Pradesh. The LLP has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The LLPIN (Limited Liability Partnership Identification Number) of Net2source is AAM-1668. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Net2source was incorporated on 06 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.
Ashish Garg was appointed as Designated Partner on 06 Mar 2018. Sheena Garg was appointed as Designated Partner on 06 Mar 2018.
Yes, Net2source is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Net2source is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-02-0010355).
Net2source can be reached through the website net2source.com. Its registered office is in New Delhi, Delhi, India.