About Mear Networks Private Limited
Data last updated:
Mear Networks Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 16 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74990KA2018PTC114773. Its GSTIN is 29AALCM9639B1Z2 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Louis Prabhakar and Sampath Kiran.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 31/3 Ganashankarapa Layout Aravinda Nagar St. Thomas Post, Bengaluru, Karnataka, India – 560084.
As per the financials filed for FY 2024, the company reported a revenue of ₹47.99 Lakh, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹19.85 Lakh (net margin -41.4%) and EBITDA of -₹19.29 Lakh (EBITDA margin -40.2%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 23% over five years.
For more details, the company can be reached via its website mearnetworks.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address31/3 Ganashankarapa Layout Aravinda Nagar St. Thomas Post, Bengaluru, Karnataka, India – 560084
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
- 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
- One PDF report, delivered after checkout
Business Activity
The main business activity of Mear Networks is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Mear Networks Private Limited
FY 2025 filings availableMear Networks Private Limited reported revenue of ₹47.99 Lakh (down 44% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 44% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA fell 244% 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 2019-20 to FY 2022-23in the company report |
|---|---|---|
| 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 | -₹19.29 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹19.85 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
| Metrics | FY 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -40.2% | |
| Net Profit Margin | -41.4% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2019-20 to FY 2022-23, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Mear Networks are in the company report.
: available in the company report
Board of Directors of Mear Networks Private Limited
Mear Networks has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Louis Prabhakar | Director | 16 Jul 2018 | 8 Years 3 Months | Current |
| Sampath Kiran | Director | 16 Jul 2018 | 8 Years 3 Months | Current |
| Rathna Sreedharan | Additional Director | 05 Feb 2026 | 0 Years 8 Months | Current |
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Mear Networks Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Mear Networks.
: available in the company report
Recent Activity
Mear Networks Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Rathna Sreedharan was appointed as Additional Director on 05 Feb 2026.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Mear Networks has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCM9639B1Z2 | Karnataka | Active | 12 Oct 2018 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Mear Networks is an active private limited company based in Bengaluru, Karnataka, India. The company works in other services, within the business services industry. It was incorporated on 16 July 2018 (8+ years old) and is registered under CIN U74990KA2018PTC114773.
Mear Networks has 3 current directors:
- Louis Prabhakar - Director
- Sampath Kiran - Director
- Rathna Sreedharan - Additional Director
The latest financial statements of Mear Networks on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Mear Networks is 29AALCM9639B1Z2, registered in Karnataka.
The CIN (Corporate Identification Number) of Mear Networks is U74990KA2018PTC114773. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mear Networks was incorporated on 16 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Rathna Sreedharan was appointed as Additional Director on 05 Feb 2026. Louis Prabhakar was appointed as Director on 16 Jul 2018. Sampath Kiran was appointed as Director on 16 Jul 2018.
Mear Networks can be reached through the website mearnetworks.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Mear Networks is at 313 Ganashankarapa Layout Aravinda Nagar St. Thomas Post, Bengaluru, Karnataka, India – 560084.
Mear Networks operates in the business services industry, in the other services segment.