About Altiostar Networks India Private Limited
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Altiostar Networks India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Altiostar Networks Inc.. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 30 January 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U32204KA2012FTC062295. Its GSTIN is 29AAFCR6706E1ZB (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Radio Mobile Access India Private Limited. It is led by directors including Sanjay Saraswat (Managing Director) and Hideyuki Hirama.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹528.71 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹50.46 Cr (net margin 9.5%) and EBITDA of ₹173.95 Cr (EBITDA margin 32.9%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 25% over five years.
The company has about 741 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Altiostar.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website altiostar.com.
Company details
Contact details
Altiostar Networks India Private Limited's registered office is in Bangalore, Karnataka. Its website is altiostar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFourth Floor Survey No 90 93/1 & 92/2B5, Panathur Village Varthur Hobli Outer Ring Road, Bangalore, Karnataka, India – 560103
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Altiostar Networks India Private Limited, buy the company report.
- 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
Brands
Altiostar Networks India operates one associated brand: Altiostar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud-based virtualized RAN and NFV software is provided for enterprises. | altiostar.com |
Business activity
The main business activity of Altiostar Networks India is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities |
To see the full business activity and turnover split of Altiostar Networks India Private Limited, buy the company report.
Financials of Altiostar Networks India Private Limited
FY 2025 filings availableAltiostar Networks India Private Limited reported revenue of ₹528.71 Cr (down 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 25%. EBITDA fell 8% 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 | ₹173.95 Cr | ||||
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| Net Profit (PAT) | ₹50.46 Cr | ||||
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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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| EBITDA Margin | 32.9% | ||||
| Net Profit Margin | 9.5% | ||||
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To see the full financial statements and ratios of Altiostar Networks India Private Limited, buy the company report.
Board of directors of Altiostar Networks India Private Limited
Altiostar Networks India has 5 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hideyuki Hirama | Director | 10 Aug 2023 | 3 Years 3 Months | Current |
| Subba Rao Gonella | Additional Director | 05 Jan 2024 | 2 Years 10 Months | Current |
| Sanjay Saraswat | Managing Director | 26 Sep 2025 | 1 Years 1 Months | Current |
| Kensuke Deguchi | Director | 23 Apr 2024 | 2 Years 6 Months | Current |
| Satoshi Sato | Director | 23 Apr 2024 | 2 Years 6 Months | Current |
Peer comparison
Altiostar Networks India Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (wired, wireless or satellite telecommunication activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Verizon Communications India Private Limited | ₹614.03 Cr (FY 2025) | -11.0% | New Delhi, Delhi, India | |||
| Asianet Satellite Communications Limited | ₹565.96 Cr (FY 2025) | -1.0% | Thiruvananthapuram, Kerala, India | |||
| Kerala Vision Broad Band Limited | ₹560.14 Cr (FY 2025) | 24.0% | Thrissur, Kerala, India | |||
| Indian Cable Net Company Limited | ₹538.98 Cr (FY 2023) | -3.0% | Kolkata, West Bengal, India | |||
| Planetcast Media Services Limited | ₹533.55 Cr (FY 2025) | 13.0% | New Delhi, Delhi, India | |||
| Altiostar Networks India Private Limitedthis company | ₹528.71 Cr (FY 2025) | ₹50.46 Cr | 9.5% | -13.0% | 741 | Bangalore, Karnataka, India |
| Veremax Technologie Services Limited | ₹523.21 Cr (FY 2024) | 20.0% | Chennai, Tamil Nadu, India | |||
| BT Global Communications India Private Limited | ₹484.56 Cr (FY 2025) | -6.0% | Delhi, India | |||
| BT Telecom India Private Limited | ₹484.56 Cr (FY 2025) | -6.0% | New Delhi, Delhi, India |
To see the full peer comparison of Altiostar Networks India Private Limited, buy the company report.
Auditor
Altiostar Networks India Private Limited is audited by S.R. BATLIBOI & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. BATLIBOI & ASSOCIATES LLP | FY 2023 | 101049W/E300004 |
Shareholding
The shareholding of Altiostar 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 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Altiostar Networks India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Altiostar Networks India 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
Altiostar Networks India Private Limited has 4 MSME Form 1 returns on record between 2019 and 2024, listing 24 overdue payments to 12 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ets Lindgren Engineering India Private Limited | |||
| Suhalaya Travels Private Limited | |||
| Mipl Solutions Private Limited | |||
| KCN Enterprises | |||
| O3 Infotech Private Limited |
To see the full MSME payment records of Altiostar Networks India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Altiostar Networks India Private Limited has a workforce of 741 employees on its EPFO records as of Oct 10, 2025, across 1 active EPFO establishment.
GST
Altiostar Networks India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCR6706E1ZB | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Altiostar Networks India Private Limited, buy the company report.
Recent activity
Altiostar Networks India Private Limited has 17 board changes on record since 2013: 5 appointments and 12 cessations. The latest: Sanjay Saraswat was appointed as Managing Director on 26 Sep 2025.
8 earlier events are in the company report.
News
Frequently asked questions
Altiostar Networks India is an active foreign 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 30 January 2012 (14+ years old) and is registered under CIN U32204KA2012FTC062295.
Altiostar Networks India has 5 current directors:
- Sanjay Saraswat - Managing Director
- Hideyuki Hirama - Director
- Subba Rao Gonella - Additional Director
- Kensuke Deguchi - Director
- Satoshi Sato - Director
The latest financial statements of Altiostar 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 2015 are in the company report.
The GSTIN of Altiostar Networks India is 29AAFCR6706E1ZB, registered in Karnataka.
The CIN (Corporate Identification Number) of Altiostar Networks India is U32204KA2012FTC062295. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Altiostar Networks India was incorporated on 30 January 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Altiostar Networks India by revenue are Verizon Communications India Private Limited, Asianet Satellite Communications Limited, Kerala Vision Broad Band Limited, Indian Cable Net Company Limited, Planetcast Media Services Limited and 3 more, all in the same principal business activity (wired, wireless or satellite telecommunication activities).
Sanjay Saraswat was appointed as Managing Director on 26 Sep 2025. Sanjay Saraswat ceased to be Additional Director on 12 Dec 2024. Kensuke Deguchi ceased to be Additional Director on 23 Sep 2024. Altiostar Networks India has 17 board changes on record in total.
Altiostar Networks India has 4 MSME Form 1 returns on record between 2019 and 2024, listing 24 overdue payments to 12 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Altiostar Networks India can be reached through the website altiostar.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Altiostar Networks India is at Fourth Floor Survey No 90 931 & 922B5, Panathur Village Varthur Hobli Outer Ring Road, Bangalore, Karnataka, India – 560103.
Altiostar Networks India operates in the information technology industry, in the IT consulting and support services segment.
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