Drone Network Private Limited
About Drone Network Private Limited
Data last updated:
Drone Network Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the management consultancy segment of the business services sector. It was incorporated on 02 February 2012.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U74990TN2012PTC084273. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Jayadev Mahalingam and Deepak Subramanian.
Its last annual general meeting (AGM) was held on 27 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at G3 Block 2 Trents No.16 First Main Road Kalaimangal Nagar Ekkatuthangal, Chennai, Tamil Nadu, India – 600032.
As per the financials filed for FY 2015, the company reported a revenue of ₹2.89 Lakh. For the same year it recorded a net loss of ₹57,393 (net margin -19.9%) and EBITDA of -₹4,290 (EBITDA margin -1.5%).
As per MCA filings, the company had satisfied charges of ₹7.5 Lakh on record.
Company details
Contact details
Drone Network Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressG3 Block 2 Trents No.16 First Main Road Kalaimangal Nagar Ekkatuthangal, Chennai, Tamil Nadu, India – 600032
- IndustryBusiness Services, Management Consultancy
To see the full contact details of Drone 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
Business activity
The main business activity of Drone Network is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
Financials of Drone Network Private Limited
FY 2016 filings availableDrone Network Private Limited reported revenue of ₹2.89 Lakh for FY 2015.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹2.89 Lakh |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹4,290 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹57,393 |
| 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -1.5% |
| Net Profit Margin | -19.9% |
| 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 | |
To see the full financial statements and ratios of Drone Network Private Limited, buy the company report.
Board of directors of Drone Network Private Limited
Drone Network has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayadev Mahalingam | Director | 31 Mar 2016 | 10 Years 6 Months | As last reported |
| Deepak Subramanian | Director | 31 Mar 2016 | 10 Years 6 Months | As last reported |
| Palani Senthil Kumar | Director | 20 Feb 2023 | 3 Years 8 Months | As last reported |
Auditor
Drone Network Private Limited is audited by SUDHAKARKILAPPANDALVISVANATHAN for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUDHAKARKILAPPANDALVISVANATHAN | FY 2015 | 024354 |
Shareholding
The shareholding of Drone Network Private Limited is on record for FY 2015, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Drone Network Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Aug 2012 | 10374745 | Indian Overseas Bank | ₹7.5 Lakh | Satisfied |
To see the full charge records of Drone Network Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Drone 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 Drone Network Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Drone 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 Drone Network Private Limited, buy the company report.
Recent activity
Drone Network Private Limited has 8 board changes on record since 2015: 3 appointments and 5 cessations. The latest: Palani Senthil Kumar was appointed as Director on 20 Feb 2023.
1 earlier event is in the company report.
Frequently asked questions
Drone Network has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Drone Network was a private limited company based in Chennai, Tamil Nadu, India. The company worked in management consultancy, within the business services industry. It was incorporated on 02 February 2012 and is registered under CIN U74990TN2012PTC084273. The company has been struck off by the Registrar of Companies and is no longer operational.
Drone Network had 3 directors:
- Jayadev Mahalingam - Director
- Deepak Subramanian - Director
- Palani Senthil Kumar - Director
The CIN (Corporate Identification Number) of Drone Network is U74990TN2012PTC084273. 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 Drone Network is at G3 Block 2 Trents No.16 First Main Road Kalaimangal Nagar Ekkatuthangal, Chennai, Tamil Nadu, India – 600032.
Drone Network was incorporated on 02 February 2012. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Drone Network on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 27 September 2016. Year-wise statements from 2015 are in the company report.
No. Drone Network has 1 GST registration on record and it is cancelled or inactive.
Drone Network operated in the business services industry, in the management consultancy segment. It worked in this industry before it was struck off.
Palani Senthil Kumar was appointed as Director on 20 Feb 2023. Deepak Subramanian was appointed as Director on 31 Mar 2016. Guru Vasudevan ceased to be Director on 31 Mar 2016. Drone Network has 8 board changes on record in total.