About Life Style Networks Limited
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Life Style Networks Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Manekchand Panachand Trading Investment Co Pvt Ltd. It operates in the telecom network support segment of the telecommunications sector. It was incorporated on 22 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2005PLC155530. Its GSTIN is 27AABCL1085G1ZN (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹50 Lakh. It was formerly known as Life Style Networks Private Limited. It is led by directors including Asit Dhankumar Javeri and Pradeep Nanasaheb Desai.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹72.1 Lakh, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹61.17 Lakh (net margin -84.8%) and EBITDA of -₹24.87 Lakh (EBITDA margin -34.5%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 6% over five years.
As per MCA filings, the company has satisfied charges of ₹7.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lifestyle-networks.com.
Company details
CIN history
Life Style Networks has one previous CIN (Corporate Identification Number): U72900MH2005PTC155530. The current CIN is U72900MH2005PLC155530, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900MH2005PLC155530 | Current |
| U72900MH2005PTC155530 | Previous |
Contact details
Life Style Networks Limited's registered office is in Mumbai, Maharashtra. Its website is lifestyle-networks.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No 501 5th Floor Nanavati Mahalay, 18 Homi Mody Street Fort, Mumbai, Maharashtra, India – 400001
- IndustryTelecom, Telecom Network Support
To see the full contact details of Life Style Networks 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 Life Style 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 Life Style Networks Limited, buy the company report.
Financials of Life Style Networks Limited
FY 2024 filings availableLife Style Networks Limited reported revenue of ₹72.1 Lakh (down 22% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 22% fall in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹24.87 Lakh | ||||
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| Net Profit (PAT) | -₹61.17 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -34.5% | ||||
| Net Profit Margin | -84.8% | ||||
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To see the full financial statements and ratios of Life Style Networks Limited, buy the company report.
Board of directors of Life Style Networks Limited
Life Style Networks has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Asit Dhankumar Javeri Also directs: HG Partners LLP, Sadhana Nitro Chem Limited, Aurelis Advanced Materials Private Limited and 5 more | Director | 22 Aug 2005 | 21 Years 2 Months | Current |
| Pradeep Nanasaheb Desai Also directs: Trivo Enterprises LLP, Ravechi Bharat LLP, Nanoadditive Technology Private Limited and 2 more | Director | 29 Apr 2008 | 18 Years 6 Months | Current |
| Abhishek Asit Javeri Also directs: HG Partners LLP, Sadhana Nitro Chem Limited, Aurelis Advanced Materials Private Limited and 5 more | Director | 22 Aug 2005 | 21 Years 2 Months | Current |
| Seema Asit Javeri | Director | 22 Aug 2005 | 21 Years 2 Months | Current |
Peer comparison
Life Style Networks Limited is compared with the 3 companies closest to it by revenue in the Telecom industry (Network Support Services), 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 |
|---|---|---|---|---|---|---|
| Mantiswave Networks Private Limited | ₹79.54 Lakh (FY 2025) | 563.0% | Bangalore, Karnataka, India | |||
| Veloxr Telecom Private Limited | ₹75.19 Lakh (FY 2025) | 3.0% | Pune, Maharashtra, India | |||
| Life Style Networks Limitedthis company | ₹72.1 Lakh (FY 2024) | -₹61.17 Lakh | -84.8% | -22.0% | Mumbai, Maharashtra, India | |
| Royalwave Telecom Private Limited | ₹66.98 Lakh (FY 2024) | -66.0% | New Delhi, Delhi, India |
To see the full peer comparison of Life Style Networks Limited, buy the company report.
Auditor
Life Style Networks Limited is audited by Jayesh Dadia & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jayesh Dadia & Associates LLP | FY 2023 | 121142W |
Shareholding
The shareholding of Life Style Networks Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Life Style Networks Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Apr 2006 | 10004158 | State Bank of Patiala | ₹7.5 Cr | Satisfied |
To see the full charge records of Life Style Networks Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Life Style Networks 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
Life Style Networks Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 5 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| MZ Audio Distribution (India) | |||
| an individual supplier | |||
| Apmh & Associates LLP |
To see the full MSME payment records of Life Style Networks Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Life Style Networks has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCL1085G1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Life Style Networks Limited, buy the company report.
Recent activity
Life Style Networks Limited has 7 board changes on record since 2005: 4 appointments and 3 cessations. The latest: Mukul Sunilkumar Mehra ceased to be Additional Director on 08 Aug 2024.
Frequently asked questions
Life Style Networks is an active public limited company based in Mumbai, Maharashtra, India. The company works in telecom network support, within the telecom industry. It was incorporated on 22 August 2005 (21+ years old) and is registered under CIN U72900MH2005PLC155530.
Life Style Networks has 4 current directors:
- Asit Dhankumar Javeri - Director
- Pradeep Nanasaheb Desai - Director
- Abhishek Asit Javeri - Director
- Seema Asit Javeri - Director
The latest financial statements of Life Style Networks on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Life Style Networks is 27AABCL1085G1ZN, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Life Style Networks is U72900MH2005PLC155530. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Life Style Networks was incorporated on 22 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Life Style Networks by revenue are Mantiswave Networks Private Limited, Veloxr Telecom Private Limited, Royalwave Telecom Private Limited, all in the Telecom industry (Network Support Services), with the same principal business activity (wired, wireless or satellite telecommunication activities).
Mukul Sunilkumar Mehra ceased to be Additional Director on 08 Aug 2024. Nitin Jani Rameshchandra ceased to be Director on 24 Jul 2023. Priyam Shantilal Jhaveri ceased to be Director on 17 Nov 2015. Life Style Networks has 7 board changes on record in total.
Life Style Networks has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 5 overdue payments to 3 micro and small suppliers. The latest return was filed on 26 Jun 2019.
Life Style Networks can be reached through the website lifestyle-networks.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Life Style Networks is at Unit No 501 5th Floor Nanavati Mahalay, 18 Homi Mody Street Fort, Mumbai, Maharashtra, India – 400001.
Life Style Networks operates in the telecom industry, in the telecom network support segment.
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