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
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
24/7 Networks Private Limited's registered office is in Bangalore, Karnataka. Its website is 247network.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- 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
To see the full contact details of 24/7 Networks Private Limited, buy the company report.
Comprehensive company report
24/7 Networks Private Limited - 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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Secure checkout · GST invoice included
Business activity
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of 24/7 Networks Private Limited, buy the company report.
Financials of 24/7 Networks Private Limited
FY 2025 filings available24/7 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)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹69.74 Lakh | ||||
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| Net Profit (PAT) | -₹69.74 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -196.2% | ||||
| Net Profit Margin | -196.2% | ||||
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To see the full financial statements and ratios of 24/7 Networks Private Limited, buy the company report.
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 |
Auditor
24/7 Networks Private Limited is audited by HRA AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HRA AND CO | FY 2023 | 010005S |
Shareholding
The shareholding of 24/7 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) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of 24/7 Networks Private Limited, buy the company report.
Charges & borrowings
Open charges
₹21 Lakh
Satisfied charges
₹2.1 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Feb 1987 | 90380919 | State Bank of India | ₹21 Lakh | Open | |
| 12 Dec 2005 | 90384874 | Sundaram Finance Ltd. | ₹2.1 Lakh | Satisfied |
To see the full charge records of 24/7 Networks Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving 24/7 Networks 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 24/7 Networks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
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 |
To see the full GST registrations and return filing status of 24/7 Networks Private Limited, buy the company report.
Recent activity
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 30 days as per MCA records.
Frequently asked questions
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 has 3 current directors:
- Narendra Shendige Srinivasa - Director
- Keshavmurthymb - Director
- Sreenath Nadig - Director
The latest financial statements of 24/7 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 2015 are in the company report.
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.
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).
24/7 Networks can be reached through the website 247network.net. Its registered office is in Bangalore, Karnataka, India.
The registered office of 24/7 Networks is at #522C 1st D Cross, 15th Main 3 Stage 4 Block Wcr Basaveshwaranagar, Bangalore, Karnataka, India – 560079.