Quality Needles Private Limited - Company Profile

It is a healthcare private limited company based in Bangalore North, Karnataka, India, established in 1984.
1984 Bangalore North, Karnataka, India Active
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About Quality Needles Private Limited

Quality Needles Private Limited, a active private limited company, was established on 15 March 1984 in Bangalore North, Karnataka, India. Engaging in medical consumables & supplies within the manufacturing sector, it holds CIN: U74899KA1984PTC201717. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹5.21 M.

It upholds a compliant status. Employing 821 professional, Its leadership includes Rajnish Damani (Director), Sudeep Dhariwal (Director), Bhanu Shivakumar Javaregowda (Director). Past directors included Vivek Vinod Singh, Phani Kumar Gujjari, Rajnish Damani. It holds ₹10.00 Cr open charges and ₹2.59 Cr settled loans. Its latest AGM occurred on 12 September 2025, with the balance sheet filed on 31 March 2025. It is based at 472/D, 13Th Cross, 4T Phase, Peenya Industrial Area, Bengaluru, Karnataka - 560 058, India,, Bangalore North, Karnataka, 560058.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U74899KA1984PTC201717

  • Registration Number

    201717

  • Incorporation Date

    15 March 1984

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹5.21 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.21 M
  • Company Age 42 Year, 2 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 10.00 Cr
  • Satisfied Charges ₹ 2.59 Cr
  • Revenue Growth **** 35.40%
  • Profit Growth **** 47.06%
  • Ebitda **** 41.07%
  • Net Worth -8.79%
  • Total Assets -4.08%
Company report

Quality Needles Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Quality Needles Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Quality Needles Private Limited?
Current Directors
Name Designation Appointment Date Status
Rajnish Damani Director 07 Aug 2025 Current
Sudeep Dhariwal Director 06 Sep 2024 Current
Bhanu Shivakumar Javaregowda Director 16 Jun 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 11 Apr 2019 Past
Pramod Abcsdd Additional Director 25 Jun 2024 Past
Pramod Abcsdd Additional Director 11 Sep 2025 Past
Pramod Abcsdd Additional Director 07 Aug 2025 Past
Pramod Abcsdd Additional Director 25 Jun 2024 Past
Pramod Abcsdd Whole-Time Director 01 Sep 2008 Past

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Financial Performance of Quality Needles.

Quality Needles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 35.4% increase. The company also saw a substantial improvement in profitability, with a 47.06% increase in profit. The company's net worth dipped by a decrease of 8.79%.

Quality Needles revenue growth over time
Quality Needles profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 35.40%
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*******
*******
*******
Revenue from Operations
*******
 34.01%
*******
*******
*******
*******
Total Assets
*******
 -4.08%
*******
*******
*******
*******
Profit or Loss
*******
 47.06%
*******
*******
*******
*******
Net Worth
*******
 -8.79%
*******
*******
*******
*******
EBITDA
*******
 41.07%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Quality Needles?

In 2023, Quality Needles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹100,000,000.00

Satisfied Charges

₹25,942,400.00

Charges Breakdown by Lending Institutions
  • The Hongkong And Shanghai Banking Corporation Limited : 10.00 Cr
Latest Charge Details
Date Lender Amount Status
14 Mar 2020 The Hongkong And Shanghai Banking Corporation Limited ₹10.00 Cr Open
21 Jun 2011 Kotak Mahindra Prime Limited ₹1.94 M Satisfied
27 Feb 2010 Kotak Mahindra Prime Limited ₹2.50 M Satisfied
21 Jul 1998 Bank Of India ₹7.00 M Satisfied
24 May 1998 Bank Of India ₹1.45 Cr Satisfied

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How Many Employees Work at Quality Needles?

Quality Needles has a workforce of 821 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Quality Needles, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Quality Needles's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Quality Needles
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Quality Needles Private Limited last Annual general meeting of members was held on 12 Sep 2025 as per latest MCA records. was documented.

  • Director Appointment

    Progress on Rajnish Damani was appointed as a Director was appointed as a Director on 07 Aug 2025 & has been associated with this company since 9 months 26 days . was documented.

  • Director Appointment

    The activity Bhanu Shivakumar Javaregowda was appointed as a Director was appointed as a Director on 16 Jun 2025 & has been associated with this company since 11 months 17 days . was completed.

  • Balance Sheet

    The activity Quality Needles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was completed.

  • Director Appointment

    Sudeep Dhariwal was appointed as a Director was appointed as a Director on 06 Sep 2024 & has been associated with this company since 1 year 8 months . was recorded as a recent event.

  • Charges

    Progress on A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 10.00 Cr with Charge ID 100340697 was registered on 14 Mar 2020. was documented.

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Frequently Asked Questions
What is the CIN of Quality Needles Private Limited?

The CIN of Quality Needles Private Limited is U74899KA1984PTC201717.

Where is Quality Needles Private Limited headquartered?

Quality Needles Private Limited is headquartered at 472/D, 13Th Cross, 4T Phase, Peenya Industrial Area, Bengaluru, Karnataka - 560 058, India,, Bangalore North, Karnataka, 560058.

When was Quality Needles Private Limited incorporated?

Quality Needles Private Limited was incorporated on 15 March 1984.

Who are the current directors of Quality Needles Private Limited?

The current directors of Quality Needles Private Limited are

What is the primary industry of Quality Needles Private Limited?

The primary industry of Quality Needles Private Limited is Manufacturing.

Is Quality Needles Private Limited a listed company?

Quality Needles Private Limited is unlisted.

What is the capital structure of Quality Needles Private Limited?

The authorized capital of Quality Needles Private Limited is ₹5.00 Cr, and the paid-up capital is ₹5.21 M.

What is the compliance status of Quality Needles Private Limited?

The compliance status of Quality Needles Private Limited is Compliant.

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