About Assistive Networks & Technologies Private Limited
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Assistive Networks & Technologies 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 05 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2016PTC094725. Its GSTIN is 29AAOCA6869L1ZO (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Assitive Networks & Technologies Private Limited. It is led by directors Shivanna Thilakkumar Hasan and Dilip Kumar Venkataramegowda.
Its last annual general meeting (AGM) was held on 30 July 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.01 Lakh. For the same year it recorded a net loss of ₹3.07 Lakh (net margin -101.9%) and EBITDA of ₹2.18 Lakh (EBITDA margin 72.5%). Revenue has declined at a compounded annual rate (CAGR) of 78% over three years and 49% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website assistivenetwork.com.
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- Website
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- Registered Address# 134 Padhmamma Cross Near Om Shakthi Temple Belthur Colony, Kadugodi, Bangalore, Karnataka, India – 560067
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Assistive Networks & Technologies Private Limited
The main business activity of Assistive Networks & Technologies is information and communication. In detail, this covers broadcasting and programming activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J4 | Broadcasting and programming activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Assistive Networks & Technologies Private Limited FY 2024 filings available
Assistive Networks & Technologies Private Limited reported revenue of ₹3.01 Lakh for FY 2024.
Compounded Annual Growth Rate (CAGR) of Assistive Networks & Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 49% over five years. EBITDA fell 44% 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 of Assistive Networks & Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.18 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.07 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Assistive Networks & Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 72.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -101.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Assistive Networks & Technologies are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Assistive Networks & Technologies Private Limited
Assistive Networks & Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivanna Thilakkumar Hasan | Director | 05 Jul 2016 | 10 Years 3 Months | Current |
| Dilip Kumar Venkataramegowda Also directs: Antariksh Network and Technologies Private Limited | Director | 05 Jul 2016 | 10 Years 3 Months | Current |
Peer Comparison of Assistive Networks & Technologies Private Limited
Assistive Networks & Technologies Private Limited is compared with the companies closest to it by revenue in the Telecom industry (Landline ISP and Broadband). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nomus Internet Systems Private Limited | ₹3.3 Lakh (FY 2025) | •••• | •••• | -56.0% | •••• | Vadodara, Gujarat, India |
| E-Comm Opportunities Private Limited | ₹3.11 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Ahmedabad, Gujarat, India |
| Swiftnet Broadband Private Limited | ₹3.11 Lakh (FY 2025) | •••• | •••• | -74.0% | •••• | Bhayandar West, Maharashtra, India |
| Saideep Broadband Private Limited | ₹3.1 Lakh (FY 2025) | •••• | •••• | 16.0% | •••• | Kalyan, Maharashtra, India |
| Astro Network India Private Limited | ₹3.05 Lakh (FY 2021) | •••• | •••• | 43648.0% | •••• | New Delhi, Delhi, India |
| Assistive Networks & Technologies Private Limited this company | ₹3.01 Lakh (FY 2024) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Badokhar Mahila Farmer Producer Company Limited | ₹3 Lakh (FY 2024) | •••• | •••• | •••• | Banda, Uttar Pradesh, India | |
| Kirit Communication Systems Private Limited | ₹2.98 Lakh (FY 2020) | •••• | •••• | -99.0% | •••• | Navi Mumbai, Maharashtra, India |
| Veritas Exim & Project Private Limited | ₹2.93 Lakh (FY 2020) | •••• | •••• | -81.0% | •••• | Porbandar, Gujarat, India |
| Mahavision Broadband Private Limited | ₹2.89 Lakh (FY 2024) | •••• | •••• | •••• | Nashik, Maharashtra, India | |
| Pington Consultancy Private Limited | ₹2.86 Lakh (FY 2021) | •••• | •••• | -19.0% | •••• | Surat, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Assistive Networks & Technologies by revenue in the Telecom industry (Landline ISP and Broadband), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Assistive Networks & Technologies Private Limited
Assistive Networks & Technologies Private Limited is audited by KEERTHI AND CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KEERTHI AND CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Assistive Networks & Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Assistive Networks & Technologies Private Limited
Assistive Networks & Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Assistive Networks & Technologies Private Limited
Assistive Networks & Technologies Private Limited has a workforce of 11 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Assistive Networks & Technologies Private Limited
Assistive Networks & Technologies Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Dilip Kumar Venkataramegowda was appointed as Director on 05 Jul 2016.
Credit Ratings, Litigation & Regulatory Alerts for Assistive Networks & Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Assistive Networks & Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Assistive Networks & Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Assistive Networks & Technologies Private Limited
Assistive Networks & Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAOCA6869L1ZO | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Assistive Networks & Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Assistive Networks & Technologies Private Limited
Assistive Networks & Technologies 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 05 July 2016 (10+ years old) and is registered under CIN U72200KA2016PTC094725.
Assistive Networks & Technologies reported revenue of ₹3.01 Lakh for FY 2024.
Assistive Networks & Technologies has 2 current directors:
- Shivanna Thilakkumar Hasan - Director
- Dilip Kumar Venkataramegowda - Director
Assistive Networks & Technologies reported a net loss of ₹3.07 Lakh (net margin -101.9%) and EBITDA of ₹2.18 Lakh (EBITDA margin 72.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Assistive Networks & Technologies is -78% over three years and -49% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Assistive Networks & Technologies is 29AAOCA6869L1ZO, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Assistive Networks & Technologies is U72200KA2016PTC094725. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Assistive Networks & Technologies was incorporated on 05 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Assistive Networks & Technologies by revenue are Nomus Internet Systems Private Limited, E-Comm Opportunities Private Limited, Swiftnet Broadband Private Limited, Saideep Broadband Private Limited, Astro Network India Private Limited and 5 more, all in the Telecom industry (Landline ISP and Broadband).
Dilip Kumar Venkataramegowda was appointed as Director on 05 Jul 2016. Shivanna Thilakkumar Hasan was appointed as Director on 05 Jul 2016.
Assistive Networks & Technologies can be reached through the website assistivenetwork.com. Its registered office is in Bangalore, Karnataka, India.