About Trueinet Networks Private Limited
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Trueinet Networks Private Limited is a private limited company based in Palghar, Maharashtra, India. It operates in the isp and broadband services segment of the telecommunications sector. It was incorporated on 01 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93090MH2016PTC283163. Its GSTIN is 27AAFCT8511M2ZW (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sweta Rikin Kansara and Rikin Kansara Bhagawandas.
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 Shop No 114 1st Floor Kanchan Business, Centre Palghar, Maharashtra, India – 401404.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.14 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹4.94 Lakh (net margin 4.3%) and EBITDA of ₹7.46 Lakh (EBITDA margin 6.5%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 35% over five years.
Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website trueinet.in.
Company details
Contact details
Trueinet Networks Private Limited's registered office is in Palghar, Maharashtra. Its website is trueinet.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No 114 1st Floor Kanchan Business, Centre Palghar, Maharashtra, India – 401404
- IndustryTelecom, ISP & Broadband Services
To see the full contact details of Trueinet Networks 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 Trueinet Networks is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities |
To see the full business activity and turnover split of Trueinet Networks Private Limited, buy the company report.
Financials of Trueinet Networks Private Limited
FY 2025 filings availableTrueinet Networks Private Limited reported revenue of ₹1.14 Cr (up 18% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 18% growth in the latest year. EBITDA rose 22% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹7.46 Lakh | ||||
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| Net Profit (PAT) | ₹4.94 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 6.5% | ||||
| Net Profit Margin | 4.3% | ||||
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To see the full financial statements and ratios of Trueinet Networks Private Limited, buy the company report.
Board of directors of Trueinet Networks Private Limited
Trueinet Networks has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sweta Rikin Kansara | Director | 11 Apr 2022 | 4 Years 7 Months | Current |
| Rikin Kansara Bhagawandas | Director | 01 Jul 2016 | 10 Years 4 Months | Current |
Peer comparison
Trueinet Networks Private Limited is compared with the 3 companies closest to it by revenue in the Telecom industry (Landline ISP and Broadband), with the same principal business activity (wired, wireless or satellite telecommunication activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bytrix Communication Private Limited | ₹1.18 Cr (FY 2025) | 4329.0% | Gandhinagar, Gujarat, India | |||
| Trueinet Networks Private Limitedthis company | ₹1.14 Cr (FY 2024) | ₹4.94 Lakh | 4.3% | 18.0% | Palghar, Maharashtra, India | |
| Anet Communication India Private Limited | ₹1.14 Cr (FY 2025) | -12.0% | Rourkela, Odisha, India | |||
| Asia Fibernet Private Limited | ₹1.14 Cr (FY 2024) | 33.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Trueinet Networks Private Limited, buy the company report.
Auditor
Trueinet Networks Private Limited is audited by 502, ASHOKA HEIGHT, NIKLASWADI ROAD for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| 502, ASHOKA HEIGHT, NIKLASWADI ROAD | FY 2023 | B A J J & ASSOCIATES |
Shareholding
The shareholding of Trueinet Networks Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Trueinet Networks Private Limited, buy the company report.
Legal cases
Trueinet Networks Private Limited has 2 court cases on record: 2 filed by Trueinet Networks. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Trueinet Networks 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 Trueinet Networks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Trueinet Networks has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCT8511M2ZW | Maharashtra | Active | 14 Mar 2018 |
To see the full GST registrations and return filing status of Trueinet Networks Private Limited, buy the company report.
Recent activity
Trueinet Networks Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Rohit Ashokkumar Kansara ceased to be Director on 11 Apr 2022.
Frequently asked questions
Trueinet Networks is an active private limited company based in Palghar, Maharashtra, India. The company works in isp and broadband services, within the telecom industry. It was incorporated on 01 July 2016 (10+ years old) and is registered under CIN U93090MH2016PTC283163.
Trueinet Networks has 2 current directors:
- Sweta Rikin Kansara - Director
- Rikin Kansara Bhagawandas - Director
The latest financial statements of Trueinet 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 2017 are in the company report.
The GSTIN of Trueinet Networks is 27AAFCT8511M2ZW, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Trueinet Networks is U93090MH2016PTC283163. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Trueinet Networks has 2 court cases on record: 2 filed by the company. 2 are pending.
Trueinet Networks was incorporated on 01 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Trueinet Networks by revenue are Bytrix Communication Private Limited, Anet Communication India Private Limited, Asia Fibernet Private Limited, all in the Telecom industry (Landline ISP and Broadband), with the same principal business activity (wired, wireless or satellite telecommunication activities).
Rohit Ashokkumar Kansara ceased to be Director on 11 Apr 2022. Sushil Sureshnath Mishra ceased to be Additional Director on 11 Apr 2022. Sweta Rikin Kansara was appointed as Director on 11 Apr 2022. Trueinet Networks has 4 board changes on record in total.
Trueinet Networks can be reached through the website trueinet.in. Its registered office is in Palghar, Maharashtra, India.
The registered office of Trueinet Networks is at Shop No 114 1st Floor Kanchan Business, Centre Palghar, Maharashtra, India – 401404.
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