Affirmed Networks India Private Limited

Affirmed Networks India Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72200KA2016FTC085940 Incorporated 09 February 2016 ROC Bangalore HQ Bangalore, Karnataka, India
Active Foreign Private Limited Company information technology
Data last updated
Revenue · FY 2018
₹28.17 Cr
▲ 110% YoY
Net profit · FY 2018
₹3.09 Cr
Net margin 11%
EBITDA · FY 2018
₹4.72 Cr
EBITDA margin 16.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Employees · EPFO
135
Provident fund records
Directors on board
4
As per MCA filings

About Affirmed Networks India Private Limited

Data last updated:

Affirmed Networks India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Affirmed Networks Inc. Usa. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 09 February 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2016FTC085940. Its GSTIN is 29AAOCA1307M1ZF (Karnataka).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Benjamin Owen Orndorff and Leigh Anne Kiviat.

Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Cosmo Lavelle No.9 (Old Nos. 9 9/3 And 9/4) Residency Road Richmond Circle, Bangalore, Karnataka, India – 560025.

As per the financials filed for FY 2018, the company reported a revenue of ₹28.17 Cr, a growth of 110% compared to the previous year. For the same year it recorded a net profit of ₹3.09 Cr (net margin 11%) and EBITDA of ₹4.72 Cr (EBITDA margin 16.7%).

The company has about 135 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: Affirmed Networks and Vistra. Court records list 1 case involving the company, including 1 filed by the company; 1 case is 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 vistra.com.

Company details

CIN U72200KA2016FTC085940
Registration Number 085940
Incorporation Date 09 February 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Affirmed Networks Inc. Usa
Compliance Status Active Compliant

Contact details

Affirmed Networks India Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.

  • Email
  • Social Media
  • Registered Address
    Cosmo Lavelle No.9 (Old Nos. 9 9/3 And 9/4) Residency Road Richmond Circle, Bangalore, Karnataka, India – 560025
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Affirmed Networks India Private Limited, buy the company report.

Comprehensive company report
Affirmed Networks India 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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Brands

Affirmed Networks India operates two associated brands: Affirmed Networks and Vistra. Each brand links to its own profile.

BrandDescriptionWebsite
Mobile network virtualization solutionaffirmednetworks.com
Wealth management, financial advisory, and fiduciary services are provided.vistra.com

Financials of Affirmed Networks India Private Limited

FY 2025 filings available

Affirmed Networks India Private Limited reported revenue of ₹28.17 Cr (up 110% YoY) for FY 2018.

Revenue · FY 2018
₹28.17 Cr ▲ 110%
Net profit · FY 2018
₹3.09 Cr margin 11%
EBITDA · FY 2018
₹4.72 Cr margin 16.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 110%
EBITDA CAGR growth
1 year
▲ 152%

Revenue rose 110% in the latest year. EBITDA rose 152% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations₹28.17 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹4.72 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.09 Cr
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

MetricsFY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin16.7%
Net Profit Margin11%
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

To see the full financial statements and ratios of Affirmed Networks India Private Limited, buy the company report.

Board of directors of Affirmed Networks India Private Limited

Affirmed Networks India has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors

Auditor

Affirmed Networks India Private Limited is audited by M K D PAI & CO for the financial year 2018.

Auditor firmFinancial yearFirm registration number
M K D PAI & COFY 2018002524S

Shareholding

The shareholding of Affirmed Networks India Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Affirmed Networks India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Affirmed Networks India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Affirmed Networks India Private Limited has a workforce of 135 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.

Employee count
135
Active EPFO establishments
1
Employee growth
-5.59%

GST

Affirmed Networks India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAOCA1307M1ZFKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Affirmed Networks India Private Limited, buy the company report.

Recent activity

Affirmed Networks India Private Limited has 15 board changes on record since 2016: 4 appointments and 11 cessations. The latest: Leigh Anne Kiviat ceased to be Additional Director on 25 Sep 2025.

AGM
Affirmed Networks India Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Ceased
Leigh Anne Kiviat ceased to be Additional Director.
Ceased
Shobana Rajagopal ceased to be Alternate Director.
Appointed
Vemireddi Sai Manoj Kumar was appointed as Alternate Director.
Appointed
Leigh Anne Kiviat was appointed as Director.
Filing
Affirmed Networks India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Shobana Rajagopal was appointed as Alternate Director.
Ceased
Benjamin Owen Orndorff ceased to be Additional Director.
Ceased
Keith Ranger Dolliver ceased to be Additional Director.
Ceased
Smita Agrawal ceased to be Additional Director.
Appointed
Benjamin Owen Orndorff was appointed as Director.
Ceased
Manish Gupta ceased to be Director.

6 earlier events are in the company report.

Frequently asked questions

Affirmed Networks India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 09 February 2016 (10+ years old) and is registered under CIN U72200KA2016FTC085940.

Affirmed Networks India has 4 current directors:

The latest financial statements of Affirmed Networks India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from FY 2016 are in the company report.

The GSTIN of Affirmed Networks India is 29AAOCA1307M1ZF, registered in Karnataka.

The CIN (Corporate Identification Number) of Affirmed Networks India is U72200KA2016FTC085940. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Affirmed Networks India has 1 court case on record: 1 filed by the company. 1 is pending.

Affirmed Networks India was incorporated on 09 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.

Leigh Anne Kiviat ceased to be Additional Director on 25 Sep 2025. Shobana Rajagopal ceased to be Alternate Director on 25 Sep 2025. Vemireddi Sai Manoj Kumar was appointed as Alternate Director on 19 Sep 2025. Affirmed Networks India has 15 board changes on record in total.

Affirmed Networks India can be reached through the website vistra.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Affirmed Networks India is at Cosmo Lavelle No.9 Old Nos. 9 93 And 94 Residency Road Richmond Circle, Bangalore, Karnataka, India – 560025.