MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-HR-05-0014362
Airspan Networks (India) Private Limited - telecom in Gurgaon, Haryana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹85.53 Cr
▼ 8% YoY
Net profit · FY 2024
₹4.41 Cr
Net margin 5.2%
EBITDA · FY 2024
₹8.43 Cr
EBITDA margin 9.9%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1.06 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Employees · EPFO
181
Provident fund records
Directors on board
3
As per MCA filings
About Airspan Networks (India) Private Limited
Data last updated:
Airspan Networks (India) Private Limited is a foreign private limited company based in Gurgaon, Haryana, India, a subsidiary of Airspan Communication Limited (Uk). It operates in the telecom service providers segment of the telecommunications sector. It was incorporated on 10 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U64200HR2011FTC042372. Its GSTIN is 06AAKCA2727R1Z7 (Haryana). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.06 Lakh. It is led by directors including Eric Donald Stonestrom and David Mark Elias Brant.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Gurgaon, Haryana.
As per the financials filed for FY 2024, the company reported a revenue of ₹85.53 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹4.41 Cr (net margin 5.2%) and EBITDA of ₹8.43 Cr (EBITDA margin 9.9%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 18% over five years.
The company has about 181 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Airspan. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
Airspan Networks (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0014362). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website airspan.com.
Company details
CIN U64200HR2011FTC042372
Registration Number 042372
Incorporation Date 10 March 2011
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Airspan Communication Limited (Uk)
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-HR-05-0014362
Key People
Parminder Singh Sodhi Additional Director Eric Donald Stonestrom Director David Mark Elias Brant Director Recognitions & Rankings of Airspan Networks (India)
Contact details
Airspan Networks (India) Private Limited's registered office is in Gurgaon, Haryana. Its website is airspan.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressLevel 5&6 Jmd Regent Square, Mg Road, Gurgaon, Haryana, India – 122002
- IndustryTelecom, Telecom Service Providers
To see the full contact details of Airspan Networks (India) Private Limited, buy the company report.
Comprehensive company report
Airspan 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
Airspan Networks (India) operates one associated brand: Airspan. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| LTE small cell and backhaul solutions | airspan.com |
Business activity
The main business activity of Airspan Networks (India) is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Airspan Networks (India) Private Limited, buy the company report.
Financials of Airspan Networks (India) Private Limited
FY 2024 filings availableAirspan Networks (India) Private Limited reported revenue of ₹85.53 Cr (down 8% YoY) for FY 2024.
Revenue · FY 2024
₹85.53 Cr ▼ 8%
Net profit · FY 2024
₹4.41 Cr margin 5.2%
EBITDA · FY 2024
₹8.43 Cr margin 9.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 13%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▼ 1%
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA rose 1% 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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| Total Expenses | |||||
| EBITDA | ₹8.43 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.41 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.9% | ||||
| Net Profit Margin | 5.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Airspan Networks (India) Private Limited, buy the company report.
Board of directors of Airspan Networks (India) Private Limited
Airspan Networks (India) has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parminder Singh Sodhi Also directs: Telwave India Private Limited | Additional Director | 26 Dec 2023 | 2 Years 10 Months | Current |
| Eric Donald Stonestrom | Director | 14 Sep 2015 | 11 Years 1 Months | Current |
| David Mark Elias Brant | Director | 14 Sep 2015 | 11 Years 1 Months | Current |
Auditor
Airspan Networks (India) Private Limited is audited by Ruchi Anand & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ruchi Anand & Associates | FY 2023 | 016790N |
Shareholding
The shareholding of Airspan Networks (India) 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 Airspan Networks (India) Private Limited, buy the company report.
Legal cases
Airspan Networks (India) Private Limited has 2 court cases on record: 1 filed by Airspan Networks (India), 1 filed against it. All cases are disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Ms Systrome Networks India Pvt Ltd Through Its Director, and 1 other | Disposed |
| District court, Gurugram, Haryana | Execution petition | Filed against the company by Systrome Networks India Limited | Disposed |
To see the full case history of Airspan Networks (India) 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 Airspan Networks (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Airspan Networks (India) Private Limited has a workforce of 181 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
181
Active EPFO establishments
1
Employee growth
-20.26%
GST
Airspan Networks (India) has 4 GST registrations: 3 active and 1 cancelled or inactive.
Total GSTINs
4
Active
3
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAKCA2727R1Z7 | Haryana | Active | 01 Jul 2017 |
| 27AAKCA2727R1Z3 | Maharashtra | Active | 01 Jul 2017 |
| 29AAKCA2727R1ZZ | Karnataka | Active | 18 Dec 2019 |
To see the full GST registrations and return filing status of Airspan Networks (India) Private Limited, buy the company report.
Recent activity
Airspan Networks (India) Private Limited has 6 board changes on record since 2015: 3 appointments and 3 cessations. The latest: Jitender ceased to be Director on 29 Dec 2023.
AGM
Airspan Networks (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Airspan Networks (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Ceased
Jitender ceased to be Director.
Ceased
Eric Donald Stonestrom ceased to be Director.
Appointed
Parminder Singh Sodhi was appointed as Additional Director.
Ceased
Giora Reish ceased to be Director.
Appointed
David Mark Elias Brant was appointed as Director.
Appointed
Eric Donald Stonestrom was appointed as Director.
Incorporation
10 Mar 2011
Airspan Networks (India) Private Limited was registered on 10 Mar 2011 with Roc Delhi & aged 15 years 7 months as per MCA records.
News
Frequently asked questions
Airspan Networks (India) is an active foreign private limited company based in Gurgaon, Haryana, India. The company works in telecom service providers, within the telecom industry. It was incorporated on 10 March 2011 (15+ years old) and is registered under CIN U64200HR2011FTC042372.
Airspan Networks (India) has 3 current directors:
- Parminder Singh Sodhi - Additional Director
- Eric Donald Stonestrom - Director
- David Mark Elias Brant - Director
The latest financial statements of Airspan Networks (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Airspan Networks (India) is 06AAKCA2727R1Z7, registered in Haryana. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAKCA2727R1Z3 (Maharashtra), 29AAKCA2727R1ZZ (Karnataka).
The CIN (Corporate Identification Number) of Airspan Networks (India) is U64200HR2011FTC042372. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Airspan Networks (India) has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.
Airspan Networks (India) was incorporated on 10 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.
Jitender ceased to be Director on 29 Dec 2023. Eric Donald Stonestrom ceased to be Director on 27 Dec 2023. Parminder Singh Sodhi was appointed as Additional Director on 26 Dec 2023. Airspan Networks (India) has 6 board changes on record in total.
Yes, Airspan Networks (India) is registered as a small enterprise under Udyam registration (number: UDYAM-HR-05-0014362).
Airspan Networks (India) can be reached through the website airspan.com. Its registered office is in Gurgaon, Haryana, India.
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