About Iol Netcom Limited
Data last updated:
Iol Netcom Limited is a public limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 25 February 1985.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L51900MH1985PLC035474. It is a listed company.
The company has an authorised share capital of ₹70 Cr and a paid-up capital of ₹29.39 Cr. It is led by directors including Siddhartha Sankar Bose (Managing Director) and Amarjit Singh Oberai.
Its last annual general meeting (AGM) was held on 31 January 2011, and its latest financial statements are for the year ended 30 June 2010. The registered office is at 813 Raheja Center Nariman Point, Mumbai, Maharashtra, India – 400021.
As per MCA filings, the company has open charges of ₹5.88 Cr and satisfied charges of ₹1.8 Cr on record. Court records list 45 cases involving the company, including 6 filed by the company and 39 filed against it; 8 cases are pending. The company has 84 deals on record (82 market trades, 1 funding round, 1 acquisition), with disclosed funding of ₹13.95 Cr; the latest was in July 2011.
The last known website on record is iolnetcom.com.
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- Registered Address813 Raheja Center Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryTrading, Wholesale, Specialty
- 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
Financials of Iol Netcom Limited FY 2010 filings available
Financial Statement Summary of Iol Netcom Limited
| Metrics | FY 2009-10 |
|---|---|
| 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 | •••• |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | •••• |
| 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 Iol Netcom Limited
| Metrics | FY 2009-10 |
|---|---|
| Profitability | |
| EBITDA Margin | •••• |
| Net Profit Margin | •••• |
| 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 Iol Netcom 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.
Board of Directors and KMP of Iol Netcom Limited
Iol Netcom Limited currently reports 3 directors and 1 key managerial person. 7 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amarjit Singh Oberai Also directs: Skytel Networks Limited | Director | 23 Jun 2000 | 26 Years 3 Months | As last reported |
| Suryamani Rajaram Sharma | Additional Director | 30 Dec 2011 | 14 Years 9 Months | As last reported |
| Siddhartha Sankar Bose Also directs: Skytel Networks Limited | Managing Director | 25 Aug 2010 | 16 Years 1 Months | As last reported |
| Rahul Dubey | Company Secretary | 31 Oct 2008 | 17 Years 11 Months | As last reported |
Charges & Borrowings of Iol Netcom Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jul 2009 | Idbi Bank Limited | ₹5 Cr | Open |
| 27 Oct 2006 | Citibank N.A. | ₹70 Lakh | Open |
| 06 Mar 1987 | Indian Bank | ₹9 Lakh | Open |
| 06 Mar 1987 | Indian Bank | ₹9 Lakh | Open |
| 08 Jun 2007 | Bank of India | ₹27 Lakh | Satisfied |
Total charge records: 8 View all charges
Deals & Funding of Iol Netcom Limited
Iol Netcom Limited has 84 deals on record (82 market trades, 1 funding round, 1 acquisition), with disclosed funding of ₹13.95 Cr; the latest was in July 2011.
Deals on record (5 of 84)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2011 | Market trade | ₹13.9 Lakh | Seller: Aurum Ventures Private Limited |
| Apr 2011 | Market trade | ₹11.9 Lakh | Seller: Darvin Consultancy Private Limited |
| Oct 2010 | Market trade | ₹33.8 Lakh | Seller: Sainath Herbal Care Marketing Private Limited |
| Apr 2010 | Market trade | ₹1.28 Cr | Buyer: Videocon Industries Limited Seller: Shree Dhoot Trading and Agencies Ltd |
| Apr 2010 | Market trade | ₹1.28 Cr | Buyer: Evans Fraser And Company (India) Limited Seller: Shree Dhoot Trading and Agencies Ltd |
Full deal history
All 84 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 Iol Netcom Limited
Iol Netcom Limited has 45 court cases on record: 6 filed by Iol Netcom, 39 filed against it. 8 cases are pending and 37 are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 23 | 17 | 1 |
| District courts | 22 | 22 | 7 |
Cases on record (5 of 45)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Swasti Vinayaka Synthetics Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Embee Software Pvt Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Thinpc Technology Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Reach Network India Private Limited | Disposed |
| Bombay High Court | Company petition | Filed against the company by Desai Haribhakti Consulting Private Limited | Disposed |
Full case history
All 45 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 Iol Netcom Limited
Employment history and EPFO contributions of people linked to Iol Netcom.
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.
Recent Activity on Iol Netcom Limited
Iol Netcom Limited has 18 board changes on record since 2000: 11 appointments and 7 cessations. The latest: Purshottam Lal Kanhaiyalal Chaturvedi ceased to be Director on 30 Dec 2011.
23 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Iol Netcom 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 Iol Netcom 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 Iol Netcom 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 Iol Netcom Limited
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 Iol Netcom 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 Iol Netcom Limited
Iol Netcom is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Iol Netcom is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in wholesale, within the trading industry. It was incorporated on 25 February 1985 and is registered under CIN L51900MH1985PLC035474. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Iol Netcom has 4 current directors and KMP:
- Siddhartha Sankar Bose - Managing Director
- Amarjit Singh Oberai - Director
- Suryamani Rajaram Sharma - Additional Director
- Rahul Dubey - Company Secretary
The CIN (Corporate Identification Number) of Iol Netcom is L51900MH1985PLC035474. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, Iol Netcom is a listed company.
Iol Netcom has open charges of ₹5.88 Cr and satisfied charges of ₹1.8 Cr as per latest MCA filings.
Iol Netcom has 45 court cases on record: 6 filed by the company and 39 filed against it. 8 are pending. Most are in the high courts.
Iol Netcom was incorporated on 25 February 1985. It is registered with the Registrar of Companies, Mumbai.
Iol Netcom has 84 deals on record (82 market trades, 1 funding round, 1 acquisition), with disclosed funding of ₹13.95 Cr; the latest was in July 2011.
Purshottam Lal Kanhaiyalal Chaturvedi ceased to be Director on 30 Dec 2011. Suryamani Rajaram Sharma was appointed as Additional Director on 30 Dec 2011. Sudhir Parikh ceased to be Director on 01 Mar 2011. Iol Netcom has 18 board changes on record in total.