Gigacore Networks Private Limited
About Gigacore Networks Private Limited
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Gigacore Networks Private Limited is a private limited company based in Sangli, Maharashtra, India. It operates in the satellite segment of the telecommunications sector. It was incorporated on 05 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U64200PN2016PTC166309.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Mali Networks (India) Private Limited. It is led by directors Niraj Vithal Mali and Vithal Anna Mali.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 501 Khan Bhag Mali Galli, Sangli, Maharashtra, India – 416416.
As per the financials filed for FY 2019, the company reported a revenue of ₹26,400, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹24,619 (net margin -93.3%) and EBITDA of -₹20,784 (EBITDA margin -78.7%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Gigacore Networks Private Limited's registered office is in Sangli, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address501 Khan Bhag Mali Galli, Sangli, Maharashtra, India – 416416
- IndustryTelecommunication, Satellite, Wireless, Telecommunications, Wired
To see the full contact details of Gigacore 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 Gigacore 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 Gigacore Networks Private Limited, buy the company report.
Financials of Gigacore Networks Private Limited
FY 2019 filings availableGigacore Networks Private Limited reported revenue of ₹26,400 (down 96% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 96% in the latest year. EBITDA fell 556% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹20,784 | ||
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| Net Profit (PAT) | -₹24,619 | ||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||
| EBITDA Margin | -78.7% | ||
| Net Profit Margin | -93.3% | ||
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To see the full financial statements and ratios of Gigacore Networks Private Limited, buy the company report.
Board of directors of Gigacore Networks Private Limited
Gigacore Networks has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niraj Vithal Mali | Director | 05 Sep 2016 | 10 Years 1 Months | Current |
| Vithal Anna Mali | Director | 05 Sep 2016 | 10 Years 1 Months | Current |
Peer comparison
Gigacore Networks Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Nextra Broadband Services Private Limited | ₹28,500 (FY 2024) | 68.0% | Delhi, India | |||
| Get Network Limited | ₹27,838 (FY 2024) | 29.0% | Kolkata, West Bengal, India | |||
| D Nex Technology Private Limited | ₹27,039 (FY 2025) | -100.0% | Nagpur, Maharashtra, India | |||
| Gigacore Networks Private Limitedthis company | ₹26,400 (FY 2019) | -₹24,619 | -93.3% | -96.0% | Sangli, Maharashtra, India |
To see the full peer comparison of Gigacore Networks Private Limited, buy the company report.
Auditor
Gigacore Networks Private Limited is audited by Deshpande and Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deshpande and Associates | FY 2017 | 136235W |
Shareholding
The shareholding of Gigacore Networks Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Gigacore Networks Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Gigacore Networks 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 Gigacore Networks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Gigacore Networks Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Gigacore Networks Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Niraj Vithal Mali was appointed as Director on 05 Sep 2016.
Frequently asked questions
Gigacore Networks is an active private limited company based in Sangli, Maharashtra, India. The company works in satellite, within the telecommunication industry. It was incorporated on 05 September 2016 (10+ years old) and is registered under CIN U64200PN2016PTC166309.
Gigacore Networks has 2 current directors:
- Niraj Vithal Mali - Director
- Vithal Anna Mali - Director
The latest financial statements of Gigacore Networks on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Gigacore Networks is U64200PN2016PTC166309. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gigacore Networks was incorporated on 05 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Gigacore Networks by revenue are Nextra Broadband Services Private Limited, Get Network Limited, D Nex Technology Private Limited, all in the Telecom industry (Landline ISP and Broadband), with the same principal business activity (wired, wireless or satellite telecommunication activities).
Niraj Vithal Mali was appointed as Director on 05 Sep 2016. Vithal Anna Mali was appointed as Director on 05 Sep 2016.
The registered office of Gigacore Networks is at 501 Khan Bhag Mali Galli, Sangli, Maharashtra, India – 416416.
Gigacore Networks operates in the telecommunication industry, in the satellite segment.
The compliance status of Gigacore Networks is compliant as of 29 August 2026. The company is actively filing with the Registrar of Companies.
Yes. Gigacore Networks was formerly known as Mali Networks (India) Private Limited.
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