Networth Infotek Services Private Limited
About Networth Infotek Services Private Limited
Data last updated:
Networth Infotek Services Private Limited was a private limited company based in Mumbai, Maharashtra, 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 computer programming segment of the technology and IT services sector. It was incorporated on 20 December 1991.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH1991PTC252059.
The company had an authorised share capital of ₹2.2 Cr and a paid-up capital of ₹4.63 Lakh. It was led by directors Vinod Kumar Shree Gopal Asawa and Pramod Bhandari.
Its last annual general meeting (AGM) was held on 05 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 501 Tower 2B One Indiabulls Centre 841 S. B. Marg Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2018, the company reported a revenue of ₹12,291, a growth of 47% compared to the previous year. For the same year it recorded a net loss of ₹5.18 Cr and EBITDA of -₹5.18 Cr. Revenue has declined at a compounded annual rate (CAGR) of 79% over three years.
Company details
CIN history
Networth Infotek Services has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U72900MH1991PTC252059, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900MH1991PTC252059 | Current |
| U72900WB1991PTC098994 | Previous |
| U72900MH1991PTC250429 | Previous |
Contact details
Networth Infotek Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address501 Tower 2B One Indiabulls Centre 841 S. B. Marg Mumbai, Maharashtra, India – 400013
- IndustryInformation Technology, Computer Programming, Consultancy
To see the full contact details of Networth Infotek 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
Financials of Networth Infotek Services Private Limited
FY 2018 filings availableNetworth Infotek Services Private Limited reported revenue of ₹12,291 (up 47% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 47% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 79%. 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
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| EBITDA | -₹5.18 Cr | |||
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| Net Profit (PAT) | -₹5.18 Cr | |||
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Financial Ratios
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To see the full financial statements and ratios of Networth Infotek Services Private Limited, buy the company report.
Board of directors of Networth Infotek Services Private Limited
Networth Infotek Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Kumar Shree Gopal Asawa | Director | 22 Nov 2017 | 8 Years 11 Months | As last reported |
| Pramod Bhandari | Director | 10 Feb 2015 | 11 Years 9 Months | As last reported |
Auditor
Networth Infotek Services Private Limited is audited by S A R A & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S A R A & ASSOCIATES | FY 2017 | 120927W |
Shareholding
The shareholding of Networth Infotek Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Networth Infotek Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Networth Infotek 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 Networth Infotek Services Private Limited; 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 Networth Infotek Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Networth Infotek Services Private Limited has 6 board changes on record since 2015: 2 appointments and 4 cessations. The latest: Vinod Kumar Shree Gopal Asawa ceased to be Additional Director on 05 Sep 2018.
Frequently asked questions
Networth Infotek Services 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.
Networth Infotek Services was a private limited company based in Mumbai, Maharashtra, India. The company worked in computer programming, within the information technology industry. It was incorporated on 20 December 1991 and is registered under CIN U72900MH1991PTC252059. The company has been struck off by the Registrar of Companies and is no longer operational.
Networth Infotek Services had 2 directors:
- Vinod Kumar Shree Gopal Asawa - Director
- Pramod Bhandari - Director
The CIN (Corporate Identification Number) of Networth Infotek Services is U72900MH1991PTC252059. 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 Networth Infotek Services is at 501 Tower 2B One Indiabulls Centre 841 S. B. Marg Mumbai, Maharashtra, India – 400013.
Networth Infotek Services was incorporated on 20 December 1991. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Networth Infotek Services on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 05 September 2018. Year-wise statements from 2015 are in the company report.
Networth Infotek Services operated in the information technology industry, in the computer programming segment. It worked in this industry before it was struck off.
Vinod Kumar Shree Gopal Asawa ceased to be Additional Director on 05 Sep 2018. Dhruv Kumar Khaitan ceased to be Director on 24 Nov 2017. Vinod Kumar Shree Gopal Asawa was appointed as Director on 22 Nov 2017. Networth Infotek Services has 6 board changes on record in total.
Networth Infotek Services can be reached at its registered office: 501 Tower 2B One Indiabulls Centre 841 S. B. Marg Mumbai, Maharashtra, India – 400013.
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