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Absolute Networks Private Limited - Company Profile

It is a information technology private limited company based in Mumbai, Maharashtra, India, established in 1998.

1998 | Mumbai, Maharashtra, India | Active
Last Updated:

About Absolute Networks Private Limited

Absolute Networks Private Limited, a active private limited company, was established on 20 January 1998 in Mumbai, Maharashtra, India. Engaging in it consulting & support services within the trade sector, it holds CIN: U72100MH1998PTC113099. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.20 M.

It upholds a compliant status. Its leadership includes Deepal Jignesh Shah (Director), Jignesh Mahendra Shah (Director), Kushal Jignesh Shah (Director). Past directors included Arun Murarilal Saraf, Kushal Jignesh Shah, Sarita Arun Saraf. It holds ₹1.00 M open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 42, Ganga Vihar, 174 S.V. Road Opp. Laram Shopping Centre, Andheri (Wes, T), Mumbai, Maharashtra, 400058.

Company Details

  • CIN/LLPIN

    U72100MH1998PTC113099

  • Registration Number

    113099

  • Incorporation Date

    20 January 1998

  • Authorized Capital

    ₹0.50 M

  • Paid-Up Capital

    ₹0.20 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 27 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.00 M
  • Revenue Growth 57.30%
  • Profit Growth 67.23%
  • Ebitda 62.68%
  • Net Worth 40.95%
  • Total Assets 37.97%
Company report

Absolute Networks Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Absolute Networks Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Absolute Networks Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Deepal Jignesh ShahDirector07 Jul 2003Current
Jignesh Mahendra ShahDirector20 Jan 1998Current
Kushal Jignesh ShahDirector09 Dec 2022Current
Sandip Murarilal SarafDirector20 Jan 1998Current
Neetu Sandeep SarafDirector07 Jul 2003Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector30 Mar 2013Past
Pramod AbcsddAdditional Director29 Sep 2023Past
Pramod AbcsddDirector10 Aug 2015Past

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Financial Performance of Absolute Networks.

Absolute Networks Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 57.3% increase. The company also saw a substantial improvement in profitability, with a 67.23% increase in profit. The company's net worth Soared by an impressive increase of 40.95%.

Absolute Networks revenue growth over time
Absolute Networks profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
57.30%
Revenue from Operations
57.79%
Total Assets
37.97%
Profit or Loss
67.23%
Net Worth
40.95%
EBITDA
62.68%

What is the Ownership and Shareholding Structure of Absolute Networks?

In 2022, Absolute Networks had a promoter holding of 80.00% and a public holding of 20.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹1,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
28 Feb 2007Hdfc Bank Limited₹1.00 MOpen

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How Many Employees Work at Absolute Networks?

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Employee growth trends for Absolute Networks Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Absolute Networks, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Absolute Networks's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Absolute Networks

Recent Activity within the Organization

  • Annual General Meeting

    Absolute Networks Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Absolute Networks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.

  • Director Appointment

    Progress on Kushal Jignesh Shah was appointed as a Director was appointed as a Director on 09 Dec 2022 & has been associated with this company since 2 years 11 months . was documented.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 1.00 M with Charge ID 10053023 was registered on 28 Feb 2007. was completed.

  • Director Appointment

    The activity Deepal Jignesh Shah was appointed as a Director was appointed as a Director on 07 Jul 2003 & has been associated with this company since 22 years 4 months . was completed.

  • Director Appointment

    Progress on Neetu Sandeep Saraf was appointed as a Director was appointed as a Director on 07 Jul 2003 & has been associated with this company since 22 years 4 months . was documented.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of Absolute Networks Private Limited?

    The CIN of Absolute Networks Private Limited is U72100MH1998PTC113099.

  • Where is Absolute Networks Private Limited headquartered?

    Absolute Networks Private Limited is headquartered at 42, Ganga Vihar, 174 S.V. Road Opp. Laram Shopping Centre, Andheri (Wes, T), Mumbai, Maharashtra, 400058.

  • When was Absolute Networks Private Limited incorporated?

    Absolute Networks Private Limited was incorporated on 20 January 1998.

  • Who are the current directors of Absolute Networks Private Limited?

    The current directors of Absolute Networks Private Limited are

  • What is the primary industry of Absolute Networks Private Limited?

    The primary industry of Absolute Networks Private Limited is Trade.

  • Is Absolute Networks Private Limited a listed company?

    Absolute Networks Private Limited is unlisted.

  • What is the capital structure of Absolute Networks Private Limited?

    The authorized capital of Absolute Networks Private Limited is ₹0.50 M, and the paid-up capital is ₹0.20 M.

  • What is the compliance status of Absolute Networks Private Limited?

    The compliance status of Absolute Networks Private Limited is Compliant.

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