Bharat Network Private Limited
About Bharat Network Private Limited
Data last updated:
Bharat Network Private Limited was a private limited company based in Vadodara, Gujarat, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the isp and broadband services segment of the telecommunications sector. It was incorporated on 02 February 1999.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U46100GJ1999PTC035370. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹51 Lakh and a paid-up capital of ₹33 Lakh. It was formerly known as Baroda Network Private Limited and Bharat Network Limited. It was led by directors Nirupama Chandrakant Patel and Ankur Chandrakant Patel.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 15 Chanakya Aprknorth Of Akota Garden Nr Kailash Park, Vadodara, Gujarat, India – 390020.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.35 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹82,100 (net margin -60.6%) and EBITDA of ₹93,200 (EBITDA margin 68.8%). Revenue has declined at a compounded annual rate (CAGR) of 53% over three years and 26% over five years.
As per MCA filings, the company has satisfied charges of ₹30,000 on record.
Company details
Name history
Bharat Network has undergone 2 name changes throughout its history. The company was previously known as Baroda Network Private Limited, and Bharat Network Limited. The current legal name is Bharat Network Private Limited.
| Company Name | Status |
|---|---|
| Bharat Network Private Limited | Current |
| Baroda Network Private Limited | Previous |
| Bharat Network Limited | Previous |
CIN history
Bharat Network has one previous CIN (Corporate Identification Number): U46100GJ1999PLC035370. The current CIN is U46100GJ1999PTC035370, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U46100GJ1999PTC035370 | Current |
| U46100GJ1999PLC035370 | Previous |
Contact details
Bharat Network Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address15 Chanakya Aprknorth Of Akota Garden Nr Kailash Park, Vadodara, Gujarat, India – 390020
- IndustryTelecom, ISP & Broadband Services
To see the full contact details of Bharat Network 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
Financials of Bharat Network Private Limited
FY 2022 filings availableBharat Network Private Limited reported revenue of ₹1.35 Lakh (down 96% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 96% fall in the latest year. EBITDA fell 97% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.35 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹93,200 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹82,100 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 68.8% | ||||
| Net Profit Margin | -60.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Bharat Network Private Limited, buy the company report.
Board of directors of Bharat Network Private Limited
Bharat Network has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirupama Chandrakant Patel Also directs: Bharat Network LLP, Acron Industries Private Limited | Director | 29 Mar 2003 | 23 Years 7 Months | As last reported |
| Ankur Chandrakant Patel | Director | 24 Dec 1999 | 26 Years 10 Months | As last reported |
Auditor
Bharat Network Private Limited is audited by ATUL PARIKH & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ATUL PARIKH & CO | FY 2019 | 106496W |
Shareholding
The shareholding of Bharat Network Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Bharat Network Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jun 1999 | 90105736 | The Karur Vysya Bank Ltd | ₹30,000 | Satisfied |
To see the full charge records of Bharat Network Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Bharat Network 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 Bharat Network Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Bharat Network has 1 associated company. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
GST
Bharat Network has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Bharat Network Private Limited, buy the company report.
Recent activity
Bharat Network Private Limited has 4 board changes on record since 1999: 2 appointments and 2 cessations. The latest: Aekta Ankur Patel ceased to be Director on 01 Feb 2023.
Frequently asked questions
Bharat Network has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Bharat Network was a private limited company based in Vadodara, Gujarat, India. The company worked in isp and broadband services, within the telecom industry. It was incorporated on 02 February 1999 and is registered under CIN U46100GJ1999PTC035370. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Bharat Network is U46100GJ1999PTC035370. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bharat Network had 2 directors:
- Nirupama Chandrakant Patel - Director
- Ankur Chandrakant Patel - Director
Bharat Network was incorporated on 02 February 1999. It is registered with the Registrar of Companies, Ahmedabad.
The registered office of Bharat Network is at 15 Chanakya Aprknorth Of Akota Garden Nr Kailash Park, Vadodara, Gujarat, India – 390020.
The latest financial statements of Bharat Network on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Bharat Network has 1 GST registration on record and it is cancelled or inactive.
Bharat Network operated in the telecom industry, in the isp and broadband services segment.
Aekta Ankur Patel ceased to be Director on 01 Feb 2023. Chandrakant Rambhai Patel ceased to be Director on 13 Mar 2018. Nirupama Chandrakant Patel was appointed as Director on 29 Mar 2003. Bharat Network has 4 board changes on record in total.
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