About Highnet Streaming Services Private Limited
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Highnet Streaming Services Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the cultural and other education segment of the education and learning sector. It was incorporated on 12 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U92400PB2014PTC038831. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Manjit Kaur and Harleen Kaur.
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 Pakhowal Road Near Jawaddi Bridge, Ludhiana, Punjab, India – 141013.
As per the financials filed for FY 2020, the company reported a revenue of ₹35,224. For the same year it recorded a net loss of ₹5,976 (net margin -17%) and EBITDA of -₹36,200 (EBITDA margin -102.8%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years and 76% over five years.
The company is associated with 1 brand: Fastway Transmissions.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fastway.in.
Company details
Contact details
Highnet Streaming Services Private Limited's registered office is in Ludhiana, Punjab. Its website is fastway.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPakhowal Road Near Jawaddi Bridge, Ludhiana, Punjab, India – 141013
- IndustryEducation & Learing, Cultural And Other Education, Recreation, Sports
To see the full contact details of Highnet Streaming Services 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
Brands
Highnet Streaming Services operates one associated brand: Fastway Transmissions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a satellite television distribution network for consumer access. | fastway.in |
Financials of Highnet Streaming Services Private Limited
FY 2024 filings availableHighnet Streaming Services Private Limited reported revenue of ₹35,224 for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 76% over five years. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profit and Loss Statement | |||||
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| Total Revenue | ₹35,224 | ||||
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| EBITDA | -₹36,200 | ||||
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| Net Profit (PAT) | -₹5,976 | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | -102.8% | ||||
| Net Profit Margin | -17% | ||||
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To see the full financial statements and ratios of Highnet Streaming Services Private Limited, buy the company report.
Board of directors of Highnet Streaming Services Private Limited
Highnet Streaming Services 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 |
|---|---|---|---|---|
| Manjit Kaur Also directs: Flora Seeds Private Limited, Wega Developers Private Limited, Bhupinder Cold Storage Private Limited and 5 more | Director | 02 Oct 2017 | 9 Years 0 Months | Current |
| Harleen Kaur Also directs: Bhupinder Cold Storage Private Limited, CBSL Cable Networks Limited, Mann Constructions LLP and 5 more | Director | 06 Jun 2016 | 10 Years 4 Months | Current |
Auditor
Highnet Streaming Services Private Limited is audited by RAJESH MEHRU & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH MEHRU & CO | FY 2017 | 011715N |
Shareholding
The shareholding of Highnet Streaming Services Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Highnet Streaming Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Highnet Streaming Services 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 Highnet Streaming Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Highnet Streaming Services 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 Highnet Streaming Services Private Limited, buy the company report.
Recent activity
Highnet Streaming Services Private Limited has 7 board changes on record since 2016: 2 appointments and 5 cessations. The latest: Manjit Kaur ceased to be Additional Director on 18 Sep 2018.
News
Frequently asked questions
Highnet Streaming Services is an active private limited company based in Ludhiana, Punjab, India. The company works in cultural and other education, within the education and learning industry. It was incorporated on 12 August 2014 (12+ years old) and is registered under CIN U92400PB2014PTC038831.
Highnet Streaming Services has 2 current directors:
- Manjit Kaur - Director
- Harleen Kaur - Director
The latest financial statements of Highnet Streaming Services 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.
No. Highnet Streaming Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Highnet Streaming Services is U92400PB2014PTC038831. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Highnet Streaming Services was incorporated on 12 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chandigarh.
Manjit Kaur ceased to be Additional Director on 18 Sep 2018. Manjit Kaur was appointed as Director on 02 Oct 2017. Manjot Singh Mann ceased to be Additional Director on 02 Oct 2017. Highnet Streaming Services has 7 board changes on record in total.
Highnet Streaming Services can be reached through the website fastway.in. Its registered office is in Ludhiana, Punjab, India.
The registered office of Highnet Streaming Services is at Pakhowal Road Near Jawaddi Bridge, Ludhiana, Punjab, India – 141013.
Highnet Streaming Services operates in the education and learning industry, in the cultural and other education segment.