About Classic Network Private Limited
Data last updated:
Classic Network Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 20 March 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2002PTC040554. Its GSTIN is 24AABCC8197Q1ZY (Gujarat). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It was formerly known as Classic Network Limited. It is led by directors including Smitkumar Purushottambhai Kaneria (Managing Director) and Rameshkumar Purushottambhai Kaneria.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 202 Arpan Complexopp Swaminarayan Mandir Kalawad Road, Rajkot, Gujarat, India – 360001.
As per the financials filed for FY 2025, the company reported a revenue of ₹767.08 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹14.69 Cr (net margin 1.9%) and EBITDA of ₹37.1 Cr (EBITDA margin 4.8%).
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹465.06 Cr and satisfied charges of ₹139.94 Cr on record. Court records list 72 cases involving the company, including 25 filed by the company and 35 filed against it; 10 cases are pending. The company has 4 deals on record (4 secondary share transfers); the latest was in March 2021. Its 10 peer companies in the Infrastructure industry (Construction Services) are compared by revenue, 5 larger and 5 smaller; the largest is RNS Infrastructure Limited with revenue of ₹803.99 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website classicnetwork.in.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address202 Arpan Complexopp Swaminarayan Mandir Kalawad Road, Rajkot, Gujarat, India – 360001
- IndustryInfrastructure and Utilities, General Construction 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 Classic Network Private Limited
The main business activity of Classic Network is construction. In detail, this covers roads, railways, utility projects.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects | 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 Classic Network Private Limited FY 2025 filings available
Classic Network Private Limited reported revenue of ₹767.08 Cr (up 44% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Classic Network Private Limited
Revenue rose 44% in the latest year. EBITDA rose 27% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Classic Network Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹37.1 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹14.69 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Classic Network Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.9% | •••• | •••• | •••• | •••• |
| 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 Classic Network are in the company report.
Financial statements from 2015
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.
Peer Comparison of Classic Network Private Limited
Classic Network Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| RNS Infrastructure Limited | ₹803.99 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Hubli, Karnataka, India |
| R.K. Infracorp Private Limited | ₹795.03 Cr (FY 2025) | •••• | •••• | 55.0% | •••• | Hyderabad, Telangana, India |
| Ace Pipeline Contracts Private Limited | ₹793.47 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Mumbai, Maharashtra, India |
| Raj Corporation Limited | ₹786 Cr (FY 2024) | •••• | •••• | 36.0% | •••• | Dadri, Uttar Pradesh, India |
| Om Yash Projects Limited | ₹774.1 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Ahmedabad, Gujarat, India |
| Classic Network Private Limited this company | ₹767.08 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Rajkot, Gujarat, India |
| Mackintosh Burn Ltd | ₹764.41 Cr (FY 2023) | •••• | •••• | 44.0% | •••• | Kolkata, West Bengal, India |
| Fourd Buildspace Private Limited | ₹762.39 Cr (FY 2023) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
| Sri Srinivasa Constructions India Private Limited | ₹762.18 Cr (FY 2024) | •••• | •••• | 120.0% | •••• | Talur Road, Karnataka, India |
| Neelkanth Salt Chem India Private Limited | ₹760.75 Cr (FY 2025) | •••• | •••• | 220.0% | •••• | Gandhidham, Gujarat, India |
| Sonai Infrastructure Private Limited | ₹752.94 Cr (FY 2025) | •••• | •••• | 69.0% | •••• | Sangli, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Classic Network by revenue in the Infrastructure industry (Construction Services), 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 Classic Network Private Limited
Classic Network Private Limited is audited by S C Makhecha & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S C Makhecha & Associates | 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.
Board of Directors of Classic Network Private Limited
Classic Network has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Smitkumar Purushottambhai Kaneria Also directs: Club Privilege Private Limited | Managing Director | 19 Sep 2003 | 23 Years 0 Months | Current |
| Rameshkumar Purushottambhai Kaneria | Director | 20 Mar 2002 | 24 Years 6 Months | Current |
| Vishvkumar Rameshbhai Kaneria | Director | 01 Feb 2020 | 6 Years 8 Months | Current |
| Ghanshyam Premjibhai Maradia | Director | 19 Sep 2003 | 23 Years 0 Months | Current |
| Pankajkumar Purshottam Kaneria | Director | 15 Jan 2016 | 10 Years 9 Months | Current |
Ownership and Shareholding of Classic Network 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 Classic Network Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Dec 2025 | Hdfc Bank Limited | ₹20 Lakh | Open |
| 24 Sep 2025 | Hdfc Bank Limited | ₹2.76 Cr | Open |
| 12 Sep 2025 | Hdfc Bank Limited | ₹81.27 Lakh | Open |
| 28 Aug 2025 | Others | ₹48 Cr | Open |
| 01 Jul 2025 | Others | ₹65 Cr | Open |
Total charge records: 95 View all charges
Deals & Funding of Classic Network Private Limited
Classic Network Private Limited has 4 deals on record (4 secondary share transfers); the latest was in March 2021.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Dec 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Apr 2009 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Apr 2007 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Classic Network Private Limited
Classic Network Private Limited has 72 court cases on record: 25 filed by Classic Network, 35 filed against it, 12 where it is another party. 10 cases are pending and 62 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 41 | 26 | 9 |
| High courts | 30 | 8 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 72)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Dakshin Gujarat Vij Company Limited | Disposed |
| High Court of Gujarat | Appeal | Filed against the company by Bajaj General Insurance Limited | Disposed |
| High Court of Gujarat | Appeal | Filed by the company against National Insurance Company Limited | Disposed |
| District court, RAJKOT, Gujarat | Court case (MACEX) | Filed against the company by National Insurance Company Limited | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by National Highways Authority of India(Nhai) | Pending |
Full case history
All 72 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Classic Network Private Limited
Classic Network Private Limited has a workforce of 11 employees as of Mar 28, 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.
CIN History of Classic Network Private Limited
Classic Network has one previous CIN (Corporate Identification Number): U45201GJ2002PLC040554. The current CIN is U45201GJ2002PTC040554, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201GJ2002PTC040554 | Current |
| U45201GJ2002PLC040554 | Previous |
Recent Activity on Classic Network Private Limited
Classic Network Private Limited has 10 board changes on record since 2002: 5 appointments and 5 cessations. The latest: Mohanlal Bhanjibhai Kaneria ceased to be Director on 01 Feb 2020.
151 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Classic Network 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 Classic Network 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 Classic Network 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 Classic Network Private Limited
Classic Network has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCC8197Q1ZY | Gujarat | Active | 01 Jul 2017 |
| 22AABCC8197Q2Z1 | Chhattisgarh | Active | 07 Feb 2019 |
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 Classic Network 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 Classic Network Private Limited
Classic Network is an active private limited company based in Rajkot, Gujarat, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 20 March 2002 (24+ years old) and is registered under CIN U45201GJ2002PTC040554.
Classic Network reported revenue of ₹767.08 Cr for FY 2025 (up 44% YoY).
Classic Network has 5 current directors:
- Smitkumar Purushottambhai Kaneria - Managing Director
- Rameshkumar Purushottambhai Kaneria - Director
- Vishvkumar Rameshbhai Kaneria - Director
- Ghanshyam Premjibhai Maradia - Director
- Pankajkumar Purshottam Kaneria - Director
Classic Network reported a net profit of ₹14.69 Cr (net margin 1.9%) and EBITDA of ₹37.1 Cr (EBITDA margin 4.8%) for FY 2025, as per its filed financial statements.
The GSTIN of Classic Network is 24AABCC8197Q1ZY, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 22AABCC8197Q2Z1 (Chhattisgarh).
The CIN (Corporate Identification Number) of Classic Network is U45201GJ2002PTC040554. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Classic Network has 72 court cases on record: 25 filed by the company and 35 filed against it. 10 are pending. Most are in the district courts.
Classic Network was incorporated on 20 March 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Classic Network has 4 deals on record (4 secondary share transfers); the latest was in March 2021.
The peers of Classic Network by revenue are RNS Infrastructure Limited, R.K. Infracorp Private Limited, Ace Pipeline Contracts Private Limited, Raj Corporation Limited, Om Yash Projects Limited and 5 more, all in the Infrastructure industry (Construction Services).
Mohanlal Bhanjibhai Kaneria ceased to be Director on 01 Feb 2020. Vishvkumar Rameshbhai Kaneria was appointed as Director on 01 Feb 2020. Pankajkumar Purshottam Kaneria was appointed as Director on 15 Jan 2016. Classic Network has 10 board changes on record in total.