About Micronova Network Solutions Private Limited
Data last updated:
Micronova Network Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Micronova Impex Private Limited. The company is currently classified as dormant under Section 455 of the Companies Act - it is legally registered but has declared that it is not conducting any business operations. It operates in the isp and broadband services segment of the telecommunications sector. It was incorporated on 12 January 2010.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2010PTC052144. Its GSTIN is 29AAICM0401G1ZT (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹1.03 Cr. It is led by directors Guruprasad Raghanna and Srinivas Achar.
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 17 Bull Temple Road Basavanagudi, Bangalore, Karnataka, India – 560004.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.78 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4.1 Cr (net margin 85.7%) and EBITDA of ₹4.12 Cr (EBITDA margin 86.1%). Revenue has declined at a compounded annual rate (CAGR) of 85% over three years and 7% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹8 Lakh on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.
The last known website on record is micronova.in.
Company details
Contact details
Micronova Network Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is micronova.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address17 Bull Temple Road Basavanagudi, Bangalore, Karnataka, India – 560004
- IndustryTelecom, ISP & Broadband Services
To see the full contact details of Micronova Network Solutions 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
Financials of Micronova Network Solutions Private Limited
FY 2024 filings availableMicronova Network Solutions Private Limited reported revenue of ₹4.78 Cr (up 542% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 542% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA rose 465% 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 | ₹4.12 Cr | ||||
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| Net Profit (PAT) | ₹4.1 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 86.1% | ||||
| Net Profit Margin | 85.7% | ||||
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To see the full financial statements and ratios of Micronova Network Solutions Private Limited, buy the company report.
Board of directors of Micronova Network Solutions Private Limited
Micronova Network Solutions has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Guruprasad Raghanna Also directs: Uninoc Services Private Limited | Director | 12 Jan 2010 | 16 Years 9 Months | Current |
| Srinivas Achar | Director | 18 Sep 2024 | 2 Years 1 Months | Current |
Peer comparison
Micronova Network Solutions Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Skysatenic Private Limited | ₹4.81 Cr (FY 2020) | Pune, Maharashtra, India | ||||
| Network Cable Solutions Private Limited | ₹4.8 Cr (FY 2025) | -6.0% | Chennai, Tamil Nadu, India | |||
| Vortex Infocom Private Limited | ₹4.78 Cr (FY 2025) | 32.0% | Mumbai, Maharashtra, India | |||
| Micronova Network Solutions Private Limitedthis company | ₹4.78 Cr (FY 2024) | ₹4.1 Cr | 85.7% | 542.0% | 9 | Bangalore, Karnataka, India |
| Apple Broad Band Services Private Limited | ₹4.77 Cr (FY 2025) | -27.0% | Rajahmundry, Andhra Pradesh, India | |||
| Southend Cable Media Private Limited | ₹4.74 Cr (FY 2017) | 33.0% | Kolkata, West Bengal, India | |||
| Innovative Fiber Solutions Private Limited | ₹4.74 Cr (FY 2024) | 63.0% | Mumbai, Maharashtra, India | |||
| Mangaluru Broadband Network Private Limited | ₹4.73 Cr (FY 2025) | 1.0% | Mangalore, Karnataka, India | |||
| Vilite Multimedia Private Limited | ₹4.72 Cr (FY 2025) | 18.0% | Baramati, Maharashtra, India |
To see the full peer comparison of Micronova Network Solutions Private Limited, buy the company report.
Shareholding
The shareholding of Micronova Network Solutions Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Micronova Network Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2014 | 10538096 | Corporation Bank | ₹8 Lakh | Satisfied |
To see the full charge records of Micronova Network Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Micronova Network Solutions Private Limited has 3 court cases on record: 3 filed by Micronova Network Solutions. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Micronova Helios Networking Solutions Private Limited and 1 other | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Union of India | Disposed |
To see the full case history of Micronova Network Solutions Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Micronova Network Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Micronova Network Solutions Private Limited has a workforce of 9 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Micronova Network Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICM0401G1ZT | Karnataka | Active | 01 Jul 2017 |
| 33AAICM0401G1Z4 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Micronova Network Solutions Private Limited, buy the company report.
Recent activity
Micronova Network Solutions Private Limited has 11 board changes on record since 2010: 2 appointments and 9 cessations. The latest: Srinivas Achar ceased to be Additional Director on 29 Sep 2024.
4 earlier events are in the company report.
Frequently asked questions
Micronova Network Solutions is classified as "Dormant" under Section 455 of the Companies Act. This means the company is legally registered but has officially declared that it is not currently conducting any business operations. A dormant company can be reactivated by following the prescribed procedures with the Registrar of Companies.
Micronova Network Solutions is a dormant private limited company based in Bangalore, Karnataka, India. The company works in isp and broadband services, within the telecom industry. It was incorporated on 12 January 2010 and is registered under CIN U72200KA2010PTC052144. The company is legally registered but not currently conducting business.
The compliance status of Micronova Network Solutions is compliant as of 16 September 2026.
Micronova Network Solutions has 2 current directors:
- Guruprasad Raghanna - Director
- Srinivas Achar - Director
The CIN (Corporate Identification Number) of Micronova Network Solutions is U72200KA2010PTC052144. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Micronova Network Solutions was incorporated on 12 January 2010. It is registered with the Registrar of Companies, Bangalore.
Micronova Network Solutions can be reached through the website micronova.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Micronova Network Solutions is at 17 Bull Temple Road Basavanagudi, Bangalore, Karnataka, India – 560004.
The latest financial statements of Micronova Network Solutions 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 Micronova Network Solutions is 29AAICM0401G1ZT, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAICM0401G1Z4 (Tamil Nadu).
Micronova Network Solutions operates in the telecom industry, in the isp and broadband services segment.