Next Need Technologies Private Limited

Develops and provides software-based information systems and solutions for businesses.

2016 | Kodagu, Karnataka (India) | Active
Last Updated:

Next Need Technologies Profile

Key Indicators

  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 8 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth %
  • Profit Growth 43.40%
  • Ebitda 42.81%
  • Net Worth -35.54%
  • Total Assets 224.63%

About Next Need Technologies

Next Need Technologies Private Limited (NNTPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 18 April 2016 (Eight years and ten months 16 days old ). Its registered office is in Kodagu, Karnataka, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.20 M and a paid-up capital of Rs 0.20 M, as per Ministry of Corporate Affairs (MCA) records.

Venkateswara Rao and Mylavarapu Teja serve as directors at the Company.

Company Details

  • Location

    Kodagu, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72900KA2016PTC092373

  • Company No.

    092373

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Apr 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Next Need Technologies?

Board Members (2)

NameDesignationAppointment DateStatus
Venkateswara Rao Country flag representing In Director 18-Apr-2016Current
Mylavarapu Teja Country flag representing In Director 18-Apr-2016Current

Financial Performance of Next Need Technologies.

Next Need Technologies Private Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 43.4% increase in profit. The company's net worth observed a substantial decline by a decrease of 35.54%.

Next Need Technologies revenue growth over time
Next Need Technologies profit and loss trends over time
  • 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
Revenue from Operations
Total Assets
224.63%
Profit or Loss
43.40%
Net Worth
-35.54%
EBITDA
42.81%

What is the Ownership and Shareholding Structure of Next Need Technologies?

In 2020, Next Need Technologies 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 Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Next Need Technologies?

Unlock and access historical data on people associated with Next Need Technologies, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Next Need Technologies Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Next Need Technologies, 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 Next Need Technologies's trajectory.

Rating

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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.

Latest Updates, News, and FAQs on Next Need Technologies

Recent activity within the organization

  • Annual General Meeting

    Next Need Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Next Need Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Venkateswara Mylavarapu Rao was appointed as a Director was appointed as a Director on 18 Apr 2016 & has been associated with this company since 8 years 10 months .

  • Director Appointment

    Mylavarapu Sasta Ravi Teja was appointed as a Director was appointed as a Director on 18 Apr 2016 & has been associated with this company since 8 years 10 months .

  • Company Incorporation

    Next Need Technologies Private Limited was registered on 18 Apr 2016 with Roc Bangalore & aged 8 years 10 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Next Need Technologies Private Limited?

    Next Need Technologies Private Limited was incorporated on 18 Apr 2016.

  • What is authorized share capital and paid-up capital of Next Need Technologies Private Limited?

    The authorized share capital of Next Need Technologies Private Limited is ₹ 0.20 M and paid-up capital is ₹ 0.20 M.

  • Who are the current board members & directors of Next Need Technologies Private Limited?

    Currently 2 directors are associated with Next Need Technologies Private Limited.

    • Venkateswara Mylavarapu Rao
    • Mylavarapu Sasta Ravi Teja
  • What is the registered address of Next Need Technologies Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Next Need Technologies Private Limited is 10/2 Sasta Vanam Beluru, Basavnahalli Somvarpet Taluk India, Kodagu, Karnataka, 571236.

  • What is the corporate identification number (CIN) and company number of Next Need Technologies Private Limited?

    The corporate identification number (CIN) of Next Need Technologies Private Limited is U72900KA2016PTC092373 and the company number is 092373 as per Ministry of Corporate Affairs (MCA).

  • What change has been observed in the net worth of Next Need Technologies Private Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Next Need Technologies Private Limited has experienced an downturn of -35.54%.

  • When was the last Balance Sheet of Next Need Technologies Private Limited filed with the ROC?

    The most recent Balance Sheet for Next Need Technologies Private Limited was filed with the ROC on 31 Mar 2024.