
About Bharat Entrepreneurs Network Private Limited
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Bharat Entrepreneurs Network Private Limited is a private limited company based in Indore, Madhya Pradesh, India, a subsidiary of Jc Ventures Private Limited and 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 11 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U68100MP2017PTC044653. Its GSTIN is 23AAECJ1342H1Z0 (Madhya Pradesh).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Jcrab Marketing Private Limited. It is led by directors Navin Choudhary and Jeetendra Choudhary.
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 7th Floor 714 – 716 Princess Business Skypark Pu – 3 Commercial Scheme No. 54 A.B. Roa, D Indore, Madhya Pradesh, India – 452010.
As per the financials filed for FY 2024, the company reported a revenue of ₹43.92 Lakh, a decline of 35% compared to the previous year. For the same year it recorded a net profit of ₹18.86 Lakh (net margin 43%) and EBITDA of ₹38.3 Lakh (EBITDA margin 87.2%). Revenue has grown at a compounded annual rate (CAGR) of 66% over five years.
Bharat Entrepreneurs Network Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0046704). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website a2z.sale.
Company details
CIN history
Bharat Entrepreneurs Network has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U68100MP2017PTC044653, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U68100MP2017PTC044653 | Current |
| U74994MP2017PTC044653 | Previous |
| U72100MP2017PTC044653 | Previous |
Recognitions & Rankings of Bharat Entrepreneurs Network
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-23-0046704
Contact details
Bharat Entrepreneurs Network Private Limited's registered office is in Indore, Madhya Pradesh. Its website is a2z.sale. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address7th Floor 714 – 716 Princess Business Skypark Pu – 3 Commercial Scheme No. 54 A.B. Roa, D Indore, Madhya Pradesh, India – 452010
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Bharat Entrepreneurs Network 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 Bharat Entrepreneurs Network is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Bharat Entrepreneurs Network Private Limited, buy the company report.
Financials of Bharat Entrepreneurs Network Private Limited
FY 2024 filings availableBharat Entrepreneurs Network Private Limited reported revenue of ₹43.92 Lakh (down 35% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 35% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 66%. EBITDA rose 131% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹38.3 Lakh | ||||
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| Net Profit (PAT) | ₹18.86 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 87.2% | ||||
| Net Profit Margin | 43% | ||||
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To see the full financial statements and ratios of Bharat Entrepreneurs Network Private Limited, buy the company report.
Board of directors of Bharat Entrepreneurs Network Private Limited
Bharat Entrepreneurs Network has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navin Choudhary Also directs: Powerxchange Innovations Private Limited, Blackswan Tech Solutions Private Limited, JC Payment Solutions Private Limited and 3 more | Director | 19 Mar 2018 | 8 Years 7 Months | Current |
| Jeetendra Choudhary | Director | 10 Jan 2018 | 8 Years 9 Months | Current |
Auditor
Bharat Entrepreneurs Network Private Limited is audited by SHYAM G. KHANDELWAL & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHYAM G. KHANDELWAL & CO. | FY 2022 | 01407C |
Shareholding
The shareholding of Bharat Entrepreneurs Network Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Bharat Entrepreneurs Network Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Bharat Entrepreneurs Network 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
Bharat Entrepreneurs Network Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 4 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Khetan Cable Network Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Bharat Entrepreneurs Network Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Bharat Entrepreneurs Network has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAECJ1342H1Z0 | Madhya Pradesh | Active | 06 Feb 2018 |
To see the full GST registrations and return filing status of Bharat Entrepreneurs Network Private Limited, buy the company report.
Recent activity
Bharat Entrepreneurs Network Private Limited has 7 board changes on record since 2018: 2 appointments and 5 cessations. The latest: Kanhaiya Sharma ceased to be Additional Director on 30 Sep 2022.
Frequently asked questions
Bharat Entrepreneurs Network is an active private limited company based in Indore, Madhya Pradesh, India. The company works in software development and support services, within the information technology industry. It was incorporated on 11 December 2017 (9+ years old) and is registered under CIN U68100MP2017PTC044653.
Bharat Entrepreneurs Network has 2 current directors:
- Navin Choudhary - Director
- Jeetendra Choudhary - Director
The latest financial statements of Bharat Entrepreneurs Network on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Bharat Entrepreneurs Network is 23AAECJ1342H1Z0, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Bharat Entrepreneurs Network is U68100MP2017PTC044653. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bharat Entrepreneurs Network was incorporated on 11 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Gwalior.
Kanhaiya Sharma ceased to be Additional Director on 30 Sep 2022. Shaily Choudhary ceased to be Additional Director on 30 Sep 2022. Navin Choudhary was appointed as Director on 19 Mar 2018. Bharat Entrepreneurs Network has 7 board changes on record in total.
Yes, Bharat Entrepreneurs Network is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Bharat Entrepreneurs Network is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-23-0046704).
Bharat Entrepreneurs Network has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 4 overdue payments to 2 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Bharat Entrepreneurs Network can be reached through the website a2z.sale. Its registered office is in Indore, Madhya Pradesh, India.