About Iriisnet Communication Private Limited
Data last updated:
Iriisnet Communication Private Limited is a private limited company based in New Delhi, Delhi, India. 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 isp and broadband services segment of the telecommunications sector. It was incorporated on 03 October 2012.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74900DL2012PTC243091. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Hardik Jhanb and Alka Jhanb.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at S – 12 Sector – 8 Jasola New Delhi, Delhi, India – 110076.
As per the financials filed for FY 2021, the company reported a revenue of ₹10.63 Lakh, a decline of 90% compared to the previous year. For the same year it recorded a net loss of ₹22.67 Lakh (net margin -213.2%) and EBITDA of -₹15.38 Lakh (EBITDA margin -144.7%). Revenue has declined at a compounded annual rate (CAGR) of 67% over three years and 48% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
The last known website on record is iriisnet.com.
Company details
Contact details
Iriisnet Communication Private Limited's registered office is in New Delhi, Delhi. Its website is iriisnet.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS – 12 Sector – 8 Jasola New Delhi, Delhi, India – 110076
- IndustryTelecom, ISP & Broadband Services
To see the full contact details of Iriisnet Communication 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 Iriisnet Communication is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Iriisnet Communication Private Limited, buy the company report.
Financials of Iriisnet Communication Private Limited
FY 2021 filings availableIriisnet Communication Private Limited reported revenue of ₹10.63 Lakh (down 90% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 48% over five years, including a 90% fall in the latest year. EBITDA fell 298% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹10.63 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | -₹15.38 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹22.67 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -144.7% | ||||
| Net Profit Margin | -213.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Iriisnet Communication Private Limited, buy the company report.
Board of directors of Iriisnet Communication Private Limited
Iriisnet Communication has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hardik Jhanb Also directs: Iriis Fiber India Private Limited | Director | 03 Oct 2012 | 14 Years 0 Months | As last reported |
| Alka Jhanb | Director | 03 Oct 2012 | 14 Years 0 Months | As last reported |
Auditor
Iriisnet Communication Private Limited is audited by MAYANK G & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAYANK G & CO | FY 2021 | 028178C |
Shareholding
The shareholding of Iriisnet Communication Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Iriisnet Communication Private Limited, buy the company report.
Legal cases
Iriisnet Communication Private Limited has 3 court cases on record: 2 filed by Iriisnet Communication, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Civil suit | Filed against the company by M/S Vodafone Mobile Services Limited | Disposed |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed by the company against an individual | Disposed |
| District court, Faridabad, Haryana | Court case (COMI) | Filed by the company against an individual | Disposed |
To see the full case history of Iriisnet Communication Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Iriisnet Communication Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Iriisnet Communication Private Limited has a workforce of 5 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Iriisnet Communication 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 Iriisnet Communication Private Limited, buy the company report.
Recent activity
Iriisnet Communication Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Alka Jhanb was appointed as Director on 03 Oct 2012.
Frequently asked questions
Iriisnet Communication 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.
Iriisnet Communication is a company under liquidation, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in isp and broadband services, within the telecom industry. It was incorporated on 03 October 2012 and is registered under CIN U74900DL2012PTC243091. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Iriisnet Communication has 2 current directors:
- Hardik Jhanb - Director
- Alka Jhanb - Director
The latest financial statements of Iriisnet Communication on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Iriisnet Communication is U74900DL2012PTC243091. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iriisnet Communication has 3 court cases on record: 2 filed by the company and 1 filed against it.
Iriisnet Communication was incorporated on 03 October 2012. It is registered with the Registrar of Companies, Delhi.
Alka Jhanb was appointed as Director on 03 Oct 2012. Hardik Jhanb was appointed as Director on 03 Oct 2012.
Iriisnet Communication can be reached through the website iriisnet.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Iriisnet Communication is at S – 12 Sector – 8 Jasola New Delhi, Delhi, India – 110076.