Forever Networks Private Limited

Forever Networks Private Limited - telecommunication in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
CIN U72900TN2014PTC098603 Incorporated 26 December 2014 ROC Chennai HQ Chennai, Tamil Nadu, India
Struck Off Private Limited Company telecommunication
Data last updated
Revenue · FY 2018
₹8.37 Lakh
▲ 24% YoY
Net loss · FY 2018
₹24.96 Lakh
Net margin -298.2%
EBITDA · FY 2018
-₹24.93 Lakh
EBITDA margin -297.9%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹85 Lakh
Issued & subscribed
Company age
12 yrs
Est. 2014
Directors on board
3
As per MCA filings
GST registrations
1
None active

About Forever Networks Private Limited

Data last updated:

Forever Networks Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the telecommunications sector. It was incorporated on 26 December 2014.

The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2014PTC098603. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹85 Lakh. It was led by directors including Joan Rajadas and Chaitaanya Pravin.

Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Suite No : 9 Vgp Victory House 17/39 Anna Salai, Chennai, Tamil Nadu, India – 600002.

As per the financials filed for FY 2018, the company reported a revenue of ₹8.37 Lakh, a growth of 24% compared to the previous year. For the same year it recorded a net loss of ₹24.96 Lakh (net margin -298.2%) and EBITDA of -₹24.93 Lakh (EBITDA margin -297.9%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years.

Company details

CIN U72900TN2014PTC098603
Registration Number 098603
Incorporation Date 26 December 2014
ROC Chennai
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Non-Compliant

Contact details

Forever Networks Private Limited's registered office is in Chennai, Tamil Nadu.

  • Registered Address
    Suite No : 9 Vgp Victory House 17/39 Anna Salai, Chennai, Tamil Nadu, India – 600002
  • Industry
    Telecommunication, Telecommunications, Satellite, Wired, Wireless
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Forever Networks Private Limited - one report that includes everything
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Business activity

The main business activity of Forever Networks is support service to organizations. In detail, this covers other support services to organizations.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN7Other support services to organizations

To see the full business activity and turnover split of Forever Networks Private Limited, buy the company report.

Financials of Forever Networks Private Limited

FY 2018 filings available

Forever Networks Private Limited reported revenue of ₹8.37 Lakh (up 24% YoY) for FY 2018.

Revenue · FY 2018
₹8.37 Lakh ▲ 24%
Net loss · FY 2018
₹24.96 Lakh margin -298.2%
EBITDA · FY 2018
-₹24.93 Lakh margin -297.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 49%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▼ 86%

Revenue has grown at a compounded annual rate (CAGR) of 49% over three years, including 24% growth in the latest year. EBITDA rose 1% 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

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
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-₹24.93 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹24.96 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

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-297.9%
Net Profit Margin-298.2%
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

To see the full financial statements and ratios of Forever Networks Private Limited, buy the company report.

Board of directors of Forever Networks Private Limited

Forever Networks has 3 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Joan RajadasDirector26 Dec 201411 Years 10 MonthsAs last reported
Chaitaanya PravinDirector26 Dec 201411 Years 10 MonthsAs last reported
Pradeep RajadasDirector26 Dec 201411 Years 10 MonthsAs last reported

Peer comparison

Forever Networks Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other support services to organizations), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
S4 Shipment Technologies Private Limited₹8.39 Lakh (FY 2018)Ghaziabad, Uttar Pradesh, India
Bee-Cee Labs Pvt Ltd₹8.39 Lakh (FY 2025)-35.0%Kolkata, West Bengal, India
Infini-Tech Solutions Private Limited₹8.39 Lakh (FY 2024)Hyderabad, Telangana, India
Hopemirror Foundation₹8.39 Lakh (FY 2024)-64.0%Navi Mumbai, Maharashtra, India
Chamomile Retail Private Limited₹8.38 Lakh (FY 2018)-70.0%Mumbai, Maharashtra, India
Forever Networks Private Limitedthis company₹8.37 Lakh (FY 2018)-₹24.96 Lakh-298.2%24.0%Chennai, Tamil Nadu, India
The Bangalore Trades Association₹8.37 Lakh (FY 2025)29.0%Bangalore, Karnataka, India
Recomulti Private Limited₹8.37 Lakh (FY 2023)38.0%New Delhi, Delhi, India
Ecc Aircon Private Limited₹8.37 Lakh (FY 2025)85.0%Mumbai, Maharashtra, India
Patliputra Multiventure Private Limited₹8.37 Lakh (FY 2024)11.0%Makhdumpur, Sadakat, Patna, Bihar, India
Airsquare Technologies Private Limited₹8.36 Lakh (FY 2025)-36.0%Bangalore, Karnataka, India

To see the full peer comparison of Forever Networks Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Forever Networks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Forever Networks has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Forever Networks Private Limited, buy the company report.

Recent activity

Forever Networks Private Limited has 3 board changes on record since 2014: 3 appointments. The latest: Chaitaanya Pravin was appointed as Director on 26 Dec 2014.

AGM
Forever Networks Private Limited last Annual general meeting of members was held on 30 Sep 2018 as per latest MCA records.
Filing
Forever Networks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Chennai.
Appointed
Chaitaanya Pravin was appointed as Director.
Appointed
Joan Rajadas was appointed as Director.
Appointed
Pradeep Rajadas was appointed as Director.
Incorporation
26 Dec 2014
Forever Networks Private Limited was registered on 26 Dec 2014 with Roc Chennai & aged 11 years 10 months as per MCA records.

Frequently asked questions

Forever Networks has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Forever Networks was a private limited company based in Chennai, Tamil Nadu, India. The company worked in telecommunications, within the telecommunication industry. It was incorporated on 26 December 2014 and is registered under CIN U72900TN2014PTC098603. The company has been struck off by the Registrar of Companies and is no longer operational.

Forever Networks had 3 directors:

The CIN (Corporate Identification Number) of Forever Networks is U72900TN2014PTC098603. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Forever Networks is at Suite No : 9 Vgp Victory House 1739 Anna Salai, Chennai, Tamil Nadu, India – 600002.

Forever Networks was incorporated on 26 December 2014. It is registered with the Registrar of Companies, Chennai.

The latest financial statements of Forever Networks on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.

No. Forever Networks has 1 GST registration on record and it is cancelled or inactive.

Forever Networks operated in the telecommunication industry, in the telecommunications segment. It worked in this industry before it was struck off.

The peers of Forever Networks by revenue are S4 Shipment Technologies Private Limited, Bee-Cee Labs Pvt Ltd, Infini-Tech Solutions Private Limited, Hopemirror Foundation, Chamomile Retail Private Limited and 5 more, all in the same principal business activity (other support services to organizations).

Chaitaanya Pravin was appointed as Director on 26 Dec 2014. Joan Rajadas was appointed as Director on 26 Dec 2014. Pradeep Rajadas was appointed as Director on 26 Dec 2014.