About Netset Software Private Limited
Data last updated:
Netset Software Private Limited is a private limited company based in Mohali, Punjab, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 15 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72200PB2011PTC035644. Its GSTIN is 03AADCN8087G1ZD (Punjab).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Abhishek Kumar Jha (Whole-Time Director) and Gurwinder Kaur.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mohali, Punjab.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.82 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹14.44 Lakh (net margin 3.8%) and EBITDA of ₹33.34 Lakh (EBITDA margin 8.7%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 2% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: NetSet Software. As per MCA filings, the company has open charges of ₹60.76 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website netsetsoftware.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address4th Floor Gm Infotec E – 281, Industrial Area Phase 8A, Mohali, Punjab, India – 160055
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Associated Brands with Netset Software Private Limited
Netset Software operates one associated brand: NetSet Software. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers application development and consulting services for businesses. | netsetsoftware.com |
Business Activity of Netset Software Private Limited
The main business activity of Netset Software is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Netset Software Private Limited FY 2024 filings available
Netset Software Private Limited reported revenue of ₹3.82 Cr (up 33% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Netset Software Private Limited
Revenue rose 33% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 188% 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 Netset Software Private Limited
| Metrics | FY 2024-25 | 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 | ₹33.34 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹14.44 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 of Netset Software Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Netset Software are in the company report.
Financial statements from 2015
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.
Board of Directors of Netset Software Private Limited
Netset Software has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gurwinder Kaur Also directs: Garrison Global Capital Private Limited | Director | 12 May 2014 | 12 Years 5 Months | Current |
| Gurmukh Singh Bhatti | Director | 15 Nov 2011 | 14 Years 11 Months | Current |
| Abhishek Kumar Jha | Whole-Time Director | 09 Jun 2025 | 1 Years 4 Months | Current |
Peer Comparison of Netset Software Private Limited
Netset Software Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sri Technologies Private Limited | ₹3.84 Cr (FY 2024) | •••• | •••• | -37.0% | •••• | Indore, Madhya Pradesh, India |
| Pk4 Software Technologies Private Limited | ₹3.83 Cr (FY 2025) | •••• | •••• | 58.0% | •••• | Bangalore, Karnataka, India |
| Digital Rhombus Studios Private Limited | ₹3.82 Cr (FY 2024) | •••• | •••• | -32.0% | •••• | Mumbai, Maharashtra, India |
| Onestore India Private Limited | ₹3.82 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | New Delhi, Delhi, India |
| Websym Technologies Private Limited | ₹3.82 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Pune, Maharashtra, India |
| Netset Software Private Limited this company | ₹3.82 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Mohali, Punjab, India |
| Infoshore Software Private Limited | ₹3.81 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Jaipur, Rajasthan, India |
| IT Action Gujarat Private Limited | ₹3.81 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Ahmedabad, Gujarat, India |
| Canwin Technologies Private Limited | ₹3.8 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Chennai, Tamil Nadu, India |
| Unikove Technologies Private Limited | ₹3.8 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Delhi, India |
| Sypram Technology Private Limited | ₹3.8 Cr (FY 2024) | •••• | •••• | 51.0% | •••• | Gandhinagar, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Netset Software by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Netset Software Private Limited
Netset Software Private Limited is audited by KAMAL BATRA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KAMAL BATRA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Netset Software Private Limited
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 Netset Software Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Apr 2024 | Hdfc Bank Limited | ₹18.76 Lakh | Open |
| 04 Jan 2021 | Hdfc Bank Limited | ₹42 Lakh | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Netset Software Private Limited
Netset Software Private Limited has a workforce of 13 employees as of Mar 31, 2024.
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 Netset Software Private Limited
Netset Software Private Limited has 6 board changes on record since 2011: 3 appointments and 3 cessations. The latest: Abhishek Kumar Jha was appointed as Whole-Time Director on 09 Jun 2025.
Credit Ratings, Litigation & Regulatory Alerts for Netset Software Private Limited
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 Netset Software Private Limited
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 Netset Software Private Limited
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 Netset Software Private Limited
Netset Software has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AADCN8087G1ZD | Punjab | Active | 26 Sep 2017 |
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 Netset Software Private Limited
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 Netset Software Private Limited
Netset Software is an active private limited company based in Mohali, Punjab, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 15 November 2011 (15+ years old) and is registered under CIN U72200PB2011PTC035644.
Netset Software reported revenue of ₹3.82 Cr for FY 2025 (up 33% YoY).
Netset Software has 3 current directors:
- Abhishek Kumar Jha - Whole-Time Director
- Gurwinder Kaur - Director
- Gurmukh Singh Bhatti - Director
Netset Software reported a net profit of ₹14.44 Lakh (net margin 3.8%) and EBITDA of ₹33.34 Lakh (EBITDA margin 8.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Netset Software is -4% over three years and -2% over five years. In the latest year (FY 2025) revenue rose 33%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Netset Software is 03AADCN8087G1ZD, registered in Punjab.
The CIN (Corporate Identification Number) of Netset Software is U72200PB2011PTC035644. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Netset Software was incorporated on 15 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Netset Software by revenue are Sri Technologies Private Limited, Pk4 Software Technologies Private Limited, Digital Rhombus Studios Private Limited, Onestore India Private Limited, Websym Technologies Private Limited and 5 more, all in the Information Technology industry (Application Development).
Abhishek Kumar Jha was appointed as Whole-Time Director on 09 Jun 2025. Sandeep Srivastava ceased to be Director on 27 Nov 2014. Agnivesh Tiwari ceased to be Director on 31 May 2014. Netset Software has 6 board changes on record in total.
Netset Software can be reached through the website netsetsoftware.com. Its registered office is in Mohali, Punjab, India.