About Movik Networks India Private Limited
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Movik Networks India Private Limited is a foreign private limited company based in Bengaluru, Karnataka, India, a subsidiary of Movik Networks Inc., Usa. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 26 May 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U32106KA2008FTC046568. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Bharamappa Baloj and Atul Kulkarni.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No 1260 14th Floor B Wing Mittal Tower M G Road, Bengaluru, Karnataka, India – 560001.
As per the financials filed for FY 2022, the company reported a revenue of ₹10,540. For the same year it recorded a net loss of ₹1.12 Cr and EBITDA of -₹1.12 Cr. Revenue has declined at a compounded annual rate (CAGR) of 94% over three years and 82% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website movik.com.
Company details
Contact details
Movik Networks India Private Limited's registered office is in Bengaluru, Karnataka. Its website is movik.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo 1260 14th Floor B Wing Mittal Tower M G Road, Bengaluru, Karnataka, India – 560001
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Movik Networks India 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 Movik Networks India Private Limited
FY 2023 filings availableMovik Networks India Private Limited reported revenue of ₹10,540 for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 82% over five years. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Total Revenue | ₹10,540 | ||||
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| Total Expenses | |||||
| EBITDA | -₹1.12 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹1.12 Cr | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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To see the full financial statements and ratios of Movik Networks India Private Limited, buy the company report.
Board of directors of Movik Networks India Private Limited
Movik Networks India has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharamappa Baloj | Director | 19 Dec 2020 | 5 Years 10 Months | Current |
| Atul Kulkarni Also directs: Zettics India Private Limited | Director | 30 Apr 2019 | 7 Years 6 Months | Current |
Auditor
Movik Networks India Private Limited is audited by E S G GUPTA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| E S G GUPTA & CO | FY 2018 | 009291S |
Shareholding
The shareholding of Movik Networks India Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Movik Networks India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Movik Networks India 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 Movik Networks India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Movik Networks India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Movik Networks India Private Limited, buy the company report.
Recent activity
Movik Networks India Private Limited has 12 board changes on record since 2008: 2 appointments and 10 cessations. The latest: Rathna Hassan Sripal Kumar ceased to be Director on 04 Jan 2021.
3 earlier events are in the company report.
Frequently asked questions
Movik Networks India is an active foreign private limited company based in Bengaluru, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 26 May 2008 (18+ years old) and is registered under CIN U32106KA2008FTC046568.
Movik Networks India has 2 current directors:
- Bharamappa Baloj - Director
- Atul Kulkarni - Director
The latest financial statements of Movik Networks India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Movik Networks India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Movik Networks India is U32106KA2008FTC046568. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Movik Networks India was incorporated on 26 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Rathna Hassan Sripal Kumar ceased to be Director on 04 Jan 2021. Bharamappa Baloj ceased to be Additional Director on 30 Dec 2020. Bharamappa Baloj was appointed as Director on 19 Dec 2020. Movik Networks India has 12 board changes on record in total.
Movik Networks India can be reached through the website movik.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Movik Networks India is at No 1260 14th Floor B Wing Mittal Tower M G Road, Bengaluru, Karnataka, India – 560001.
Movik Networks India operates in the information technology industry, in the application development and software solutions segment.
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