MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0267590
24/7 Networks Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹35.54 Lakh
▼ 68% YoY
Net loss · FY 2025
₹69.74 Lakh
Net margin -196.2%
EBITDA · FY 2025
-₹69.74 Lakh
EBITDA margin -196.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹21 Lakh
Satisfied ₹2.1 Lakh
Company age
23 yrs
Est. 2003
Directors on board
3
As per MCA filings
About 24/7 Networks Private Limited
Data last updated:
24/7 Networks Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 23 September 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2003PTC032620. Its GSTIN is 29AAACZ2450J1Z4 (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 Narendra Shendige Srinivasa and Keshavmurthymb.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹35.54 Lakh, a decline of 68% compared to the previous year. For the same year it recorded a net loss of ₹69.74 Lakh (net margin -196.2%) and EBITDA of -₹69.74 Lakh (EBITDA margin -196.2%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years and 19% over five years.
As per MCA filings, the company has open charges of ₹21 Lakh and satisfied charges of ₹2.1 Lakh on record.
24/7 Networks Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0267590). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website 247network.net.
Company Details of 24/7 Networks Private Limited
CIN U72900KA2003PTC032620
Registration Number 032620
Incorporation Date 23 September 2003
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0267590
Recognitions & Rankings of 24/7 Networks
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address#522/C 1st D Cross, 15th Main 3 Stage 4 Block Wcr Basaveshwaranagar, Bangalore, Karnataka, India – 560079
- IndustryInformation Technology, IT Consulting & Support Services
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Business Activity of 24/7 Networks Private Limited
The main business activity of 24/7 Networks is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of 24/7 Networks Private Limited FY 2025 filings available
24/7 Networks Private Limited reported revenue of ₹35.54 Lakh (down 68% YoY) for FY 2025.
Revenue · FY 2025
₹35.54 Lakh ▼ 68%
Net loss · FY 2025
₹69.74 Lakh margin -196.2%
EBITDA · FY 2025
-₹69.74 Lakh margin -196.2%
Compounded Annual Growth Rate (CAGR) of 24/7 Networks Private Limited
Revenue CAGR growth
1 year
▼ 68%
3 years · compounded
▼ 59%
5 years · compounded
▼ 19%
EBITDA CAGR growth
3 years · compounded
▼ 36%
5 years · compounded
▼ 70%
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 68% fall 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 of 24/7 Networks Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹69.74 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹69.74 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 of 24/7 Networks Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -196.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -196.2% | •••• | •••• | •••• | •••• |
| 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 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 24/7 Networks are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of 24/7 Networks Private Limited
24/7 Networks has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narendra Shendige Srinivasa | Director | 10 Jul 2008 | 18 Years 3 Months | Current |
| Keshavmurthymb | Director | 23 Sep 2003 | 23 Years 0 Months | Current |
| Sreenath Nadig | Director | 10 Jul 2008 | 18 Years 3 Months | Current |
Peer Comparison of 24/7 Networks Private Limited
24/7 Networks Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cojag Smart Technology Private Limited | ₹35.75 Lakh (FY 2024) | •••• | •••• | 103.0% | •••• | Nagpur, Maharashtra, India |
| Pietech Solution Private Limited | ₹35.74 Lakh (FY 2018) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Visisht Infosolutions Private Limited | ₹35.74 Lakh (FY 2025) | •••• | •••• | -56.0% | •••• | Secunderabad, Telangana, India |
| Hyit Knowledge Systems Private Limited | ₹35.61 Lakh (FY 2025) | •••• | •••• | 472.0% | •••• | Hyderabad, Telangana, India |
| Focus Infosoft Private Limited | ₹35.59 Lakh (FY 2025) | •••• | •••• | -14.0% | •••• | New Delhi, Delhi, India |
| 24/7 Networks Private Limited this company | ₹35.54 Lakh (FY 2025) | •••• | •••• | -68.0% | •••• | Bangalore, Karnataka, India |
| Ypsilon IT Solutions Private Limited | ₹35.53 Lakh (FY 2024) | •••• | •••• | -61.0% | •••• | Indore, Madhya Pradesh, India |
| Boffin Technolabs Private Limited | ₹35.52 Lakh (FY 2025) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Team-Pro India Consultancy Private Limited | ₹35.51 Lakh (FY 2016) | •••• | •••• | 4.0% | •••• | Bangalore, Karnataka, India |
| Tekplant Infotech Private Limited | ₹35.42 Lakh (FY 2016) | •••• | •••• | -36.0% | •••• | Chennai, Tamil Nadu, India |
| Bsochill Technologies Private Limited | ₹35.41 Lakh (FY 2024) | •••• | •••• | 41.0% | •••• | Chandigarh, India |
Peers are the five companies nearest above and the five nearest below 24/7 Networks by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of 24/7 Networks Private Limited
24/7 Networks Private Limited is audited by HRA AND CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HRA AND CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of 24/7 Networks Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of 24/7 Networks Private Limited
Open charges
₹21 Lakh
Satisfied charges
₹2.1 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Feb 1987 | State Bank of India | ₹21 Lakh | Open |
| 12 Dec 2005 | Sundaram Finance Ltd. | ₹2.1 Lakh | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at 24/7 Networks Private Limited
Employment history and EPFO contributions of people linked to 24/7 Networks.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on 24/7 Networks Private Limited
24/7 Networks Private Limited has 5 board changes on record since 2003: 3 appointments and 2 cessations. The latest: Chandrika Nadig ceased to be Director on 31 Jul 2008.
AGM
24/7 Networks Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
24/7 Networks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 12 Dec 2005 via Charge ID 90384874 with Sundaram Finance Ltd. was fully satisfied on 06 Apr 2009.
Ceased
Chandrika Nadig ceased to be Director.
Ceased
Ranjini G R ceased to be Director.
Appointed
Narendra Shendige Srinivasa was appointed as Director.
Appointed
Sreenath Nadig was appointed as Director.
Charges
A charge with Sundaram Finance Ltd. amounted to Rs. 2.10 Lakh with Charge ID 90384874 was registered on 12 Dec 2005.
Appointed
Keshavmurthymb was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 21.00 Lakh with Charge ID 90380919 was registered on 11 Feb 1987.
Incorporation
23 Sep 2003
24/7 Networks Private Limited was registered on 23 Sep 2003 with Roc Bangalore & aged 23 years 28 days as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for 24/7 Networks Private Limited
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MSME Payment Delays by 24/7 Networks Private Limited
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Subsidiaries & Group Companies of 24/7 Networks Private Limited
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GST Compliance of 24/7 Networks Private Limited
24/7 Networks has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACZ2450J1Z4 | Karnataka | Active | 01 Jul 2017 |
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MCA Filings & Documents of 24/7 Networks Private Limited
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Frequently Asked Questions about 24/7 Networks Private Limited
24/7 Networks is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 23 September 2003 (23+ years old) and is registered under CIN U72900KA2003PTC032620.
24/7 Networks reported revenue of ₹35.54 Lakh for FY 2025 (down 68% YoY).
24/7 Networks has 3 current directors:
- Narendra Shendige Srinivasa - Director
- Keshavmurthymb - Director
- Sreenath Nadig - Director
24/7 Networks reported a net loss of ₹69.74 Lakh (net margin -196.2%) and EBITDA of -₹69.74 Lakh (EBITDA margin -196.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of 24/7 Networks is -59% over three years and -19% over five years. In the latest year (FY 2025) revenue fell 68%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of 24/7 Networks is 29AAACZ2450J1Z4, registered in Karnataka.
The CIN (Corporate Identification Number) of 24/7 Networks is U72900KA2003PTC032620. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
24/7 Networks was incorporated on 23 September 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of 24/7 Networks by revenue are Cojag Smart Technology Private Limited, Pietech Solution Private Limited, Visisht Infosolutions Private Limited, Hyit Knowledge Systems Private Limited, Focus Infosoft Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Chandrika Nadig ceased to be Director on 31 Jul 2008. Ranjini G R ceased to be Director on 31 Jul 2008. Narendra Shendige Srinivasa was appointed as Director on 10 Jul 2008. 24/7 Networks has 5 board changes on record in total.
Yes, 24/7 Networks is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0267590).