Definition Networks ( India) Private Limited
About Definition Networks ( India) Private Limited
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Definition Networks ( India) Private Limited is a foreign private limited company based in Pune, Maharashtra, India, a subsidiary of Definition Network Inc. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 12 March 2014.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2014FTC150964. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Santosh Kathuria and Vijay Kumar Kathuria.
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 Fl No. 11 Madhav Residency Gaikwad Nagar Aundh, Pune, Maharashtra, India – 411007.
As per the financials filed for FY 2024, the company reported a revenue of ₹71,690. For the same year it recorded a net loss of ₹13,790 (net margin -19.2%) and EBITDA of -₹13,790 (EBITDA margin -19.2%). Revenue has declined at a compounded annual rate (CAGR) of 81% over three years and 69% over five years.
Company details
Contact details
Definition Networks ( India) Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFl No. 11 Madhav Residency Gaikwad Nagar Aundh, Pune, Maharashtra, India – 411007
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Definition Networks ( India) 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 Definition Networks ( India) is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
Financials of Definition Networks ( India) Private Limited
FY 2024 filings availableDefinition Networks ( India) Private Limited reported revenue of ₹71,690 for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 69% over five years. EBITDA rose 85% 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 | -₹13,790 | ||||
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| Net Profit (PAT) | -₹13,790 | ||||
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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 | -19.2% | ||||
| Net Profit Margin | -19.2% | ||||
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To see the full financial statements and ratios of Definition Networks ( India) Private Limited, buy the company report.
Board of directors of Definition Networks ( India) Private Limited
Definition Networks ( India) has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santosh Kathuria | Director | 12 Mar 2014 | 12 Years 7 Months | As last reported |
| Vijay Kumar Kathuria | Director | 12 Mar 2014 | 12 Years 7 Months | As last reported |
| Abhijit Jagtap Also directs: Prolific Corporate Solutions LLP | Irp/Rp/Liquidator | 26 Dec 2024 | 1 Years 10 Months | As last reported |
Peer comparison
Definition Networks ( India) Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Digidex Labs Private Limited | ₹72,000 (FY 2025) | -69.0% | Delhi, India | |||
| Rasstech Info Private Limited | ₹72,000 (FY 2024) | 1400.0% | Jaipur, Rajasthan, India | |||
| Brewcode Technologies Private Limited | ₹72,000 (FY 2023) | Bangalore, Karnataka, India | ||||
| Resilience Technology Private Limited | ₹72,000 (FY 2023) | 16.0% | New Delhi, Delhi, India | |||
| Stormark Infoware Private Limited | ₹71,900 (FY 2019) | Chandigarh, India | ||||
| Definition Networks ( India) Private Limitedthis company | ₹71,690 (FY 2024) | -₹13,790 | -19.2% | Pune, Maharashtra, India | ||
| Medirays Infotech Private Limited | ₹71,300 (FY 2022) | Mumbai, Maharashtra, India | ||||
| Washim Online Limited | ₹71,298 (FY 2023) | Pune, Maharashtra, India | ||||
| Toweca Labs (OPC) Private Limited | ₹71,186 (FY 2020) | Bangalore, Karnataka, India | ||||
| Mobilyte India Tech Private Limited | ₹71,165 (FY 2020) | Mohali, Punjab, India |
To see the full peer comparison of Definition Networks ( India) Private Limited, buy the company report.
Auditor
Definition Networks ( India) Private Limited is audited by JOSHI & RAYKAR for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JOSHI & RAYKAR | FY 2023 | 114446W |
Shareholding
The shareholding of Definition Networks ( India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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To see the full shareholding pattern of Definition Networks ( India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Definition Networks ( India) 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
No delayed payments to MSME suppliers are on our record for Definition Networks ( India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Definition Networks ( India) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Definition Networks ( India) Private Limited, buy the company report.
Recent activity
Definition Networks ( India) Private Limited has 3 board changes on record since 2014: 3 appointments. The latest: Abhijit Jagtap was appointed as Irp/Rp/Liquidator on 26 Dec 2024.
Frequently asked questions
Definition Networks ( India) is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Definition Networks ( India) is a company under liquidation, formerly operating as a foreign private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 12 March 2014 and is registered under CIN U72900PN2014FTC150964. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Definition Networks ( India) has 3 current directors:
- Santosh Kathuria - Director
- Vijay Kumar Kathuria - Director
- Abhijit Jagtap - Irp/Rp/Liquidator
The latest financial statements of Definition Networks ( India) 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Definition Networks ( India) is U72900PN2014FTC150964. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Definition Networks ( India) was incorporated on 12 March 2014. It is registered with the Registrar of Companies, Pune.
The peers of Definition Networks ( India) by revenue are Digidex Labs Private Limited, Rasstech Info Private Limited, Brewcode Technologies Private Limited, Resilience Technology Private Limited, Stormark Infoware Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
Abhijit Jagtap was appointed as Irp/Rp/Liquidator on 26 Dec 2024. Santosh Kathuria was appointed as Director on 12 Mar 2014. Vijay Kumar Kathuria was appointed as Director on 12 Mar 2014.
The registered office of Definition Networks ( India) is at Fl No. 11 Madhav Residency Gaikwad Nagar Aundh, Pune, Maharashtra, India – 411007.
No. Definition Networks ( India) has 1 GST registration on record and it is cancelled or inactive.
Definition Networks ( India) operates in the information technology industry, in the application development and software solutions segment.
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