Margo Networks Private Limited

Margo Networks Private Limited - internet in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U74999MH2016PTC284879 Incorporated 17 August 2016 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company internet
Data last updated
Revenue · FY 2025
₹8.59 Cr
▼ 75.00% YoY
EBITDA · FY 2025
Locked
In full report
Net profit · FY 2025
Locked
In full report
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹59.9 Lakh
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
134
Latest available

About Margo Networks Private Limited

Data last updated: 07 February 2026

Margo Networks Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Zee Entertainment Enterprises Limited and recognised as a startup by DPIIT. It specialises in online service marketplaces, a part of the broader internet and digital services sector. Incorporated on 17 August 2016, the company has been in operation for over 10 years.

Registered with ROC Mumbai under CIN U74999MH2016PTC284879.

Capital: an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Mittal Nitin and Ashish Ramesh Agarwal.

Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹8.59 Cr, a decline of 75% compared to the previous year.

The company has a workforce of approximately 134 employees as per the latest available data. It operates as a subsidiary of Zee Entertainment Enterprises Limited.

The company is associated with 1 brand - Sugarbox. As per MCA filings, the company has open charges of ₹59.9 Lakh 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 sugarboxnetworks.com.

Company Details of Margo Networks Private Limited
CIN U74999MH2016PTC284879
Registration Number 284879
Incorporation Date 17 August 2016
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Zee Entertainment Enterprises Limited
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    18Th Floor A – Wing Marathon Futurex, N. M. Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013
  • Industry
    Internet, Online Service Marketplaces
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Financials, compliance, directors, charges, ownership and filings for Margo Networks Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Margo Networks Private Limited

Margo Networks Private Limited operates one associated brand: Sugarbox. These brands represent Margo Networks Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Provides content delivery solutions to OTT providers sugarboxnetworks.com

Competitors & Alternatives of Margo Networks Private Limited

Brands and companies operating in the same space as Margo Networks Private Limited include CloudFlare, Akamai, Limelight and 7 more.

Competitor Description Location Founded
CloudFlare CloudFlare Cloud based website security solutions San Francisco, United States, United States 2009
Akamai Akamai Provider of cloud and AI based CDN management software Cambridge, United States, United States 1998
Limelight Limelight Cloud-based content delivery network solutions are provided globally. Tempe, United States, United States 2001
TVU Networks TVU Networks IP-based video solutions for live media production workflows are provided. Mountain View, United States, United States 2005
Xunlei Xunlei Content distribution and cloud acceleration services are provided. Shanghai, China, China 2003
Fastly Fastly Cloud-based content delivery network software is developed for infrastructure management. San Francisco, United States, United States 2011
CDNetworks CDNetworks Content delivery network solutions are provided for edge computing platforms. Campbell, United States, United States 2000
Cedexis Cedexis Internet performance and traffic are monitored by Cedexis platform. Portland, United States, United States 2009
Kollective Kollective Cloud-based CDN solutions are delivered for enterprise video content. Bend, United States, United States 2001
Velocix Velocix CDN services for video streaming and file delivery are offered. Cambridge, Canada, Canada 2002

Business Activity of Margo Networks Private Limited

Margo Networks Private Limited is engaged in the principal business activity of information and communication, with detailed activities including other information & communication service activities.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
J Information and communication J8 Other information & communication service activities Locked
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Business activity turnover details for Margo Networks Private Limited

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Auditor Details of Margo Networks Private Limited

Margo Networks Private Limited is audited by Ford Rhodes Parks & Co. LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
Ford Rhodes Parks & Co. LLP Locked Locked Locked
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Complete auditor history for Margo Networks Private Limited

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Board of Directors of Margo Networks Private Limited

Margo Networks Private Limited is currently managed by 4 directors, with 14 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Mittal Nitin Director 10 Nov 2022 3 Years 9 Months Current
Ashish Ramesh Agarwal Director 30 Aug 2024 1 Years 11 Months Current
Pankaj Purshottam Suroliya Additional Director 01 Aug 2025 1 Years 0 Months Current
Mukund Venkatesh Galgali Director 18 Jul 2024 2 Years 0 Months Current

Financials of Margo Networks Private Limited FY 2025 filings available

Margo Networks Private Limited reported revenue of ₹8.59 Cr (down 75.00% YoY) for FY 2025.

Revenue · FY 2025
₹8.59 Cr ▼ 75.00%
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Ten-year financial statements for Margo Networks Private Limited

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Ownership and Shareholding of Margo Networks Private Limited

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Shareholding and ownership data for Margo Networks Private Limited

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Charges & Borrowings of Margo Networks Private Limited

Open charges
₹59.9 Lakh
Satisfied charges
₹0
Breakdown by lending institutions
Hdfc Bank Limited₹0.60 Cr
Latest charge details
DateLenderAmountStatus
30 Apr 2022 Hdfc Bank Limited ₹20 Lakh Open
16 Apr 2021 Hdfc Bank Limited ₹39.9 Lakh Open

Total charge records: 2 View all charges

Employees and EPFO Compliance at Margo Networks Private Limited

Margo Networks Private Limited has a workforce of 134 employees as of Oct 16, 2024.

Employee count
134
Active EPFO establishments
1
Employee growth
-36.49%
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Employee and EPFO history for Margo Networks Private Limited

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GST Compliance of Margo Networks Private Limited

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GST registrations and filing compliance for Margo Networks Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Margo Networks Private Limited

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Credit ratings, litigation, and regulatory alerts for Margo Networks Private Limited

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MSME Payment Delays by Margo Networks Private Limited

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MSME payment history for Margo Networks Private Limited

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Subsidiaries & Group Companies of Margo Networks Private Limited

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Corporate group structure for Margo Networks Private Limited

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MCA Filings & Documents of Margo Networks Private Limited

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MCA filings and documents for Margo Networks Private Limited

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Recent Activity on Margo Networks Private Limited

Activity
30 Sep 2025
Margo Networks Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Directors
01 Aug 2025
Pankaj Purshottam Suroliya was appointed as a Additional Director on 01 Aug 2025 & has been associated with this company since 1 year 12 days.
Activity
31 Mar 2025
Margo Networks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Directors
30 Aug 2024
Ashish Ramesh Agarwal was appointed as a Director on 30 Aug 2024 & has been associated with this company since 1 year 11 months.
Directors
18 Jul 2024
Mukund Venkatesh Galgali was appointed as a Director on 18 Jul 2024 & has been associated with this company since 2 years 26 days.
Directors
10 Nov 2022
Mittal Nitin was appointed as a Director on 10 Nov 2022 & has been associated with this company since 3 years 9 months.

Recent News on Margo Networks Private Limited

Lower ad spends drag down Zee Entertainment Q3 revenue
23 Jan 2025 · Thehindubusinessline

Frequently Asked Questions about Margo Networks Private Limited

Margo Networks Private Limited is an active private limited company in the internet sector based in Mumbai, Maharashtra, India. It was incorporated on 17 August 2016 (10+ years old) and is registered under CIN U74999MH2016PTC284879. The company has 134 employees.

Margo Networks Private Limited reported revenue of ₹8.59 Cr for FY 2025 (down 75.00% YoY).

The current directors of Margo Networks Private Limited are:

The primary industry of Margo Networks Private Limited is internet. The company specifically operates in online service marketplaces. The company is currently active in this sector.

Yes, Margo Networks Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Margo Networks Private Limited can be reached at the registered office: 18Th Floor A – Wing Marathon Futurex, N. M. Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013, or through the website sugarboxnetworks.com.

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