MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0211180
Network Addvantage LLP
Network Addvantage LLP - education in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹21.74 Cr
▲ 202% YoY
Net profit · FY 2023
₹11.9 Cr
Net margin 54.7%
EBITDA · FY 2023
₹15.85 Cr
EBITDA margin 72.9%
Contribution obligation
₹1 Lakh
As per LLP agreement
LLP age
15 yrs
Est. 2011
Designated partners
2
As per MCA filings
Last financials
Mar 2023
Balance sheet date
LLP status
Active
MCA master data
About Network Addvantage LLP
Data last updated:
Network Addvantage LLP is a limited liability partnership (LLP) based in Bangalore, Karnataka, India. It operates in the corporate training and development segment of the education sector. It was incorporated on 08 April 2011 and has been in existence for over 15 years.
The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAA-4415.
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Venugopal Varayur Anantharam and Balaji Pasumarthy.
Its latest statement of accounts is for the year ended 31 March 2023. The registered office is at 102 Eden Park 20 Vittal Mallya Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹21.74 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹11.9 Cr (net margin 54.7%) and EBITDA of ₹15.85 Cr (EBITDA margin 72.9%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 27% over five years.
Court records list 1 case involving the LLP, including 1 filed by the LLP; 1 case is pending.
Network Addvantage LLP is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0211180).
Company details
LLPIN AAA-4415
Incorporation Date 08 April 2011
Total Obligation of Contribution ₹1 Lakh
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2023
MSME Classification Small
Udyam Registration UDYAM-KR-03-0211180
Recognitions & Rankings of Network Addvantage
Contact details
Network Addvantage LLP's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address102 Eden Park 20 Vittal Mallya Road, Bangalore, Karnataka, India – 560001
- IndustryEducation, Corporate Training & Development
To see the full contact details of Network Addvantage LLP, buy the company report.
Comprehensive company report
Network Addvantage LLP - one report that includes everything
- 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
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Financials of Network Addvantage LLP
FY 2023 filings availableNetwork Addvantage LLP reported revenue of ₹21.74 Cr (up 202% YoY) for FY 2023.
Revenue · FY 2023
₹21.74 Cr ▲ 202%
Net profit · FY 2023
₹11.9 Cr margin 54.7%
EBITDA · FY 2023
₹15.85 Cr margin 72.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 202%
3 years · compounded
▲ 36%
5 years · compounded
▲ 27%
EBITDA CAGR growth
1 year
▲ 698%
3 years · compounded
▲ 93%
5 years · compounded
▲ 39%
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 202% growth in the latest year. EBITDA rose 698% 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
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profit After Tax | ₹11.9 Cr | ||||
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Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Net Profit Margin | 54.7% | ||||
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To see the full financial statements and ratios of Network Addvantage LLP, buy the company report.
Designated partners of Network Addvantage LLP
Network Addvantage has 2 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
Current Designated Partners
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venugopal Varayur Anantharam Also directs: Manasum Senior Living LLP, Atiyas Mobility Private Limited, Atiyas Craft Private Limited and 1 more | Designated Partner | 08 Apr 2011 | 15 Years 6 Months | Current |
| Balaji Pasumarthy | Designated Partner | 08 Apr 2011 | 15 Years 6 Months | Current |
Legal cases
Network Addvantage LLP has 1 court case on record: 1 filed by Network Addvantage. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, KARNATAKA | Writ petition | Filed by the company against The Commissioner of Central Tax and 1 other | Pending |
To see the full case history of Network Addvantage LLP, 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 Network Addvantage LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Network Addvantage LLP; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Network Addvantage LLP has 3 designated partner changes on record since 2011: 2 appointments and 1 cessation. The latest: Mahesh Srinivasan ceased to be Partner on 31 May 2018.
AGM
Network Addvantage Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Network Addvantage Llp has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Ceased
Mahesh Srinivasan ceased to be Partner.
Appointed
Balaji Pasumarthy was appointed as Designated Partner.
Appointed
Venugopal Varayur Anantharam was appointed as Designated Partner.
Incorporation
08 Apr 2011
Network Addvantage Llp was registered on 08 Apr 2011 with Roc Bangalore & aged 15 years 6 months as per MCA records.
Frequently asked questions
Network Addvantage is an active limited liability partnership based in Bangalore, Karnataka, India. The LLP works in corporate training and development, within the education industry. It was incorporated on 08 April 2011 (15+ years old) and is registered under LLPIN AAA-4415.
Network Addvantage has 2 current designated partners:
- Venugopal Varayur Anantharam - Designated Partner
- Balaji Pasumarthy - Designated Partner
The latest financial statements of Network Addvantage on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 31 March 2025. Year-wise statements from 2015 are in the company report.
The LLPIN (Limited Liability Partnership Identification Number) of Network Addvantage is AAA-4415. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Network Addvantage has 1 court case on record: 1 filed by the LLP. 1 is pending.
Network Addvantage was incorporated on 08 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Mahesh Srinivasan ceased to be Partner on 31 May 2018. Balaji Pasumarthy was appointed as Designated Partner on 08 Apr 2011. Venugopal Varayur Anantharam was appointed as Designated Partner on 08 Apr 2011.
Yes, Network Addvantage is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0211180).
The registered office of Network Addvantage is at 102 Eden Park 20 Vittal Mallya Road, Bangalore, Karnataka, India – 560001.
Network Addvantage operates in the education industry, in the corporate training and development segment.