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.
Company details
Contact details
Assistive Networks & Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is assistivenetwork.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address# 134 Padhmamma Cross Near Om Shakthi Temple Belthur Colony, Kadugodi, Bangalore, Karnataka, India – 560067
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Assistive Networks & Technologies 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
Business activity
The main business activity of Assistive Networks & Technologies is information and communication. In detail, this covers broadcasting and programming activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J4 | Broadcasting and programming activities |
To see the full business activity and turnover split of Assistive Networks & Technologies Private Limited, buy the company report.
Financials of Assistive Networks & Technologies Private Limited
FY 2024 filings availableAssistive Networks & Technologies Private Limited reported revenue of ₹3.01 Lakh for FY 2024.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.18 Lakh | ||||
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| Net Profit (PAT) | -₹3.07 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 72.5% | ||||
| Net Profit Margin | -101.9% | ||||
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To see the full financial statements and ratios of Assistive Networks & Technologies Private Limited, buy the company report.
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 |
Auditor
Assistive Networks & Technologies Private Limited is audited by KEERTHI AND CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KEERTHI AND CO | FY 2019 | 018022S |
Shareholding
The shareholding of Assistive Networks & Technologies Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 |
|---|---|---|
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| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
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| Others |
To see the full shareholding pattern of Assistive Networks & Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Assistive Networks & Technologies 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
No delayed payments to MSME suppliers are on our record for Assistive Networks & Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Assistive Networks & Technologies Private Limited has a workforce of 11 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
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 |
To see the full GST registrations and return filing status of Assistive Networks & Technologies Private Limited, buy the company report.
Recent activity
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.
Frequently asked questions
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 has 2 current directors:
- Shivanna Thilakkumar Hasan - Director
- Dilip Kumar Venkataramegowda - Director
The latest financial statements of Assistive Networks & Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 July 2024. Year-wise statements from FY 2017 are in the company report.
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.
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.
The registered office of Assistive Networks & Technologies is at # 134 Padhmamma Cross Near Om Shakthi Temple Belthur Colony, Kadugodi, Bangalore, Karnataka, India – 560067.
Assistive Networks & Technologies operates in the information technology industry, in the IT consulting and support services segment.