About Bharti Digital Networks Private Limited
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Bharti Digital Networks Private Limited was a private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Bharti Airtel Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the isp and broadband services segment of the telecommunications sector. It was incorporated on 29 May 2008.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2008PTC325106. The company has 10 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹25 Cr and a paid-up capital of ₹2.1 Cr. It was formerly known as Tikona Digital Networks Private Limited. It was led by directors including Devendra Khanna and Badal Bagri.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Bharti Crescent 1 Nelson Mandela Road Vasant Kunj, New Delhi, Delhi, India – 110070.
As per the financials filed for FY 2018, the company reported a revenue of ₹14.4 Cr, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹415.4 Cr and EBITDA of -₹334.8 Cr.
The company had about 2 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Tikona. As per MCA filings, the company had satisfied charges of ₹3,806.78 Cr on record. Court records list 592 cases involving the company, including 592 filed against it; 89 cases are pending. The company has 14 deals on record (8 convertible or debt financings, 4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹2,273.86 Cr; the latest was in August 2017. Its 5 peer companies in the Telecom industry (Landline ISP and Broadband), with the same principal business activity (wired, wireless or satellite telecommunication activities) are compared by revenue, 3 larger and 2 smaller; the largest is Sikka Broadband Private Limited with revenue of ₹14.77 Cr.
The last known website on record is tikona.in.
Company details
CIN history
Bharti Digital Networks has one previous CIN (Corporate Identification Number): U72900MH2008PTC182808. The current CIN is U72900DL2008PTC325106, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900DL2008PTC325106 | Current |
| U72900MH2008PTC182808 | Previous |
Contact details
Bharti Digital Networks Private Limited's registered office is in New Delhi, Delhi. Its website is tikona.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Apps
- Registered AddressBharti Crescent 1 Nelson Mandela Road Vasant Kunj, New Delhi, Delhi, India – 110070
- IndustryTelecom, ISP & Broadband Services
To see the full contact details of Bharti Digital Networks 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 Bharti Digital Networks 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 Bharti Digital Networks Private Limited, buy the company report.
Financials of Bharti Digital Networks Private Limited
FY 2018 filings availableBharti Digital Networks Private Limited reported revenue of ₹14.4 Cr (down 96% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 96% in the latest year. EBITDA fell 509% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹14.4 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹334.8 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹415.4 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
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| Short-term Borrowings | ||||
| Trade Payables | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | ||||
| Net Profit Margin | ||||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Bharti Digital Networks Private Limited, buy the company report.
Board of directors of Bharti Digital Networks Private Limited
Bharti Digital Networks has 3 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devendra Khanna Also directs: Bharti Hexacom Limited, Bharti Hexacom Limited, Bharti Neo Ventures Limited and 5 more | Director | 30 Aug 2017 | 9 Years 2 Months | As last reported |
| Badal Bagri Also directs: DLF Home Developers Limited | Director | 30 Aug 2017 | 9 Years 2 Months | As last reported |
| Ravi Parkash Gandhi | Director | 30 Aug 2017 | 9 Years 2 Months | As last reported |
Peer comparison
Bharti Digital Networks Private Limited is compared with the 5 companies closest to it by revenue in the Telecom industry (Landline ISP and Broadband), with 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 |
|---|---|---|---|---|---|---|
| Sikka Broadband Private Limited | ₹14.77 Cr (FY 2025) | -9.0% | Uttar Pradesh, India | |||
| Sristisanchar Webnet Limited | ₹14.73 Cr (FY 2022) | 85.0% | Kolkata, West Bengal, India | |||
| Elyzium Technologies Private Limited | ₹14.44 Cr (FY 2025) | 3.0% | Faridabab, Haryana, India | |||
| Bharti Digital Networks Private Limitedthis company | ₹14.4 Cr (FY 2018) | -₹415.4 Cr | -96.0% | New Delhi, Delhi, India | ||
| Satellite Netcom Private Limited | ₹14.37 Cr (FY 2024) | 132.0% | Mumbai, Maharashtra, India | |||
| Kings Broadband Private Limited | ₹13.35 Cr (FY 2023) | -7.0% | Thiruvananthapuram, Kerala, India |
To see the full peer comparison of Bharti Digital Networks Private Limited, buy the company report.
Auditor
Bharti Digital Networks Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2018 | 117366W/W100018 |
Shareholding
The shareholding of Bharti Digital Networks Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Bharti Digital Networks Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Oct 2016 | 100054489 | Others | ₹1,903.73 Cr | Satisfied | |
| 06 Oct 2016 | 100054191 | Others | ₹1,142.11 Cr | Satisfied | |
| 17 Jun 2010 | 10234523 | Punjab National Bank | ₹760.94 Cr | Satisfied |
To see the full charge records of Bharti Digital Networks Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Bharti Digital Networks Private Limited has 14 deals on record (8 convertible or debt financings, 4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹2,273.86 Cr; the latest was in August 2017.
Deals on record (4 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2012 | Funding round | ₹21 Lakh | Investors: L&T Infrastructure Finance Company Limited , Goldman Sachs Private Equity, Everstone Capital Management |
| Dec 2009 | Funding round | ₹33.81 Cr | Investors: Tikona Trust |
| Aug 2008 | Funding round | ₹23.87 Cr | Investors: Tikona Trust |
| Jun 2008 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
To see the full deal history of Bharti Digital Networks Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bharti Digital Networks Private Limited has 592 court cases on record: 592 filed against it. 89 cases are pending and 503 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 578 | 578 | 87 |
| District courts | 11 | 11 | 0 |
| Supreme Court | 3 | 3 | 2 |
Cases on record (5 of 592)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Court case (C.S(COMM DIV)) | Filed against the company by Applause Entertainment Private Limited | Pending |
| Madras High Court | Original application | Filed against the company by Applause Entertainment Private Limited | Pending |
| Madras High Court | Court case (C.S(COMM DIV)) | Filed against the company by Stage 5 Production LLP | Pending |
| Madras High Court | Court case (C.S(COMM DIV)) | Filed against the company by KVN Productions LLP | Pending |
| Madras High Court | Original application | Filed against the company by KVN Productions LLP | Pending |
To see the full case history of Bharti Digital Networks 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 Bharti Digital Networks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bharti Digital Networks has 10 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Bharti Digital Networks Private Limited, buy the company report.
Recent activity
Bharti Digital Networks Private Limited has 24 board changes on record since 2008: 3 appointments and 21 cessations. The latest: Badal Bagri ceased to be Additional Director on 11 Sep 2017.
22 earlier events are in the company report.
News
Frequently asked questions
Bharti Digital Networks has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Bharti Digital Networks was a private limited company based in New Delhi, Delhi, India. The company worked in isp and broadband services, within the telecom industry. It was incorporated on 29 May 2008 and is registered under CIN U72900DL2008PTC325106. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Bharti Digital Networks was incorporated on 29 May 2008. It is registered with the Registrar of Companies, Delhi.
Bharti Digital Networks had 3 directors:
- Devendra Khanna - Director
- Badal Bagri - Director
- Ravi Parkash Gandhi - Director
The CIN (Corporate Identification Number) of Bharti Digital Networks is U72900DL2008PTC325106. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Bharti Digital Networks is at Bharti Crescent 1 Nelson Mandela Road Vasant Kunj, New Delhi, Delhi, India – 110070.
Bharti Digital Networks can be reached through the website tikona.in. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Bharti Digital Networks on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
No. Bharti Digital Networks has 10 GST registrations on record and all of them are cancelled or inactive.
Bharti Digital Networks operated in the telecom industry, in the isp and broadband services segment.
Bharti Digital Networks has 14 deals on record (8 convertible or debt financings, 4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹2,273.86 Cr; the latest was in August 2017.
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