
About 4B Networks Private Limited
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4B Networks Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Allcheckdeals India Private Limited and recognised as a startup by DPIIT. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the real estate brokerage and services segment of the real estate and construction sector. It was incorporated on 05 November 2020.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U73100MH2020PTC349457. Its GSTIN is 27AABCZ6271C1CM (Maharashtra). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.86 Lakh. It is led by directors including Rahul Yadav (Whole-Time Director) and Devesh Singh (Whole-Time Director).
Its last annual general meeting (AGM) was held on 24 August 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 4th Floor Gayatree Plaza Turner Road Bandra (W), Mumbai, Maharashtra, India – 400050.
As per the financials filed for FY 2022, the company reported a revenue of ₹17.92 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.9 Cr (net margin -16.2%) and EBITDA of ₹2.58 Cr (EBITDA margin 14.4%).
The company has about 1,775 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Broker Network. As per MCA filings, the company has open charges of ₹20 Cr on record. Court records list 12 cases involving the company, including 12 filed against it; 4 cases are pending. The company has 6 deals on record (4 funding rounds, 1 debt financing, 1 secondary share transfer), with disclosed funding of ₹291 Cr; the latest was in September 2022. The company has 2 MSME Form 1 returns on record between 2021 and 2022, listing 123 overdue payments to 21 micro and small suppliers.
The last known website on record is brokernetwork.app.
Company details
Recognitions & Rankings of 4B Networks
Contact details
4B Networks Private Limited's registered office is in Mumbai, Maharashtra. Its website is brokernetwork.app. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered Address4th Floor Gayatree Plaza Turner Road Bandra (W), Mumbai, Maharashtra, India – 400050
- IndustryReal Estate and Construction, Real Estate Brokerage & Services
To see the full contact details of 4B Networks 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
Brands
4B Networks operates one associated brand: Broker Network. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of agent network for real estate professionals | brokernetwork.app |
Business activity
The main business activity of 4B Networks is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of 4B Networks Private Limited, buy the company report.
Financials of 4B Networks Private Limited
FY 2022 filings available4B Networks Private Limited reported revenue of ₹17.92 Cr (up 295846% YoY) for FY 2022.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹17.92 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹2.58 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹2.9 Cr | |
| 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
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 14.4% | |
| Net Profit Margin | -16.2% | |
| 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 | ||
To see the full financial statements and ratios of 4B Networks Private Limited, buy the company report.
Board of directors of 4B Networks Private Limited
4B Networks has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Yadav Also directs: Ry Management LLP | Whole-Time Director | 05 Nov 2020 | 5 Years 11 Months | As last reported |
| Neha Jain | Irp/Rp/Liquidator | 29 Oct 2024 | 2 Years 0 Months | As last reported |
| Devesh Singh Also directs: Ry Management LLP, Kult App Private Limited | Whole-Time Director | 31 Mar 2021 | 5 Years 6 Months | As last reported |
Auditor
4B Networks Private Limited is audited by Kedia & Agrawal for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kedia & Agrawal | FY 2022 | 140989W |
Shareholding
The shareholding of 4B Networks Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of 4B Networks Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Nov 2022 | 100654090 | Others | ₹5 Cr | Open | |
| 12 Sep 2022 | 100729089 | Others | ₹15 Cr | Open |
Total charge records: 2 View all charges
Deals & funding
4B Networks Private Limited has 6 deals on record (4 funding rounds, 1 debt financing, 1 secondary share transfer), with disclosed funding of ₹291 Cr; the latest was in September 2022.
Deals on record (3 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Debt financing | ₹15 Cr | Investors: Np 1 Capital Trust |
| Feb 2021 | Funding round · Seed | ₹16 Cr | Investors: Allcheckdeals India Private Limited |
| Feb 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: RY Holding Private Limited |
To see the full deal history of 4B Networks Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
4B Networks Private Limited has 12 court cases on record: 12 filed against it. 4 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 4 |
| High courts | 5 | 5 | 0 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Incred Financial Services Ltd | Pending |
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed against the company by Allcheckdeals India Private Limited | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Allcheckdeals India Private Limited | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Interspace Communications Privatelimited | Disposed |
| District court, West, Delhi | Commercial suit | Filed against the company by G Tech Web Marketing Pvt Ltd | Disposed |
To see the full case history of 4B Networks 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
4B Networks Private Limited has 2 MSME Form 1 returns on record between 2021 and 2022, listing 123 overdue payments to 21 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 (5 of 21)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Greytip Software Private Limited | |||
| an individual supplier |
To see the full MSME payment records of 4B Networks Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
4B Networks Private Limited has a workforce of 1,775 employees on its EPFO records as of Mar 24, 2024, across 1 active EPFO establishment.
GST
4B Networks has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCZ6271C1CM | Maharashtra | Active | 05 May 2022 |
| 27AABCZ6271C2ZA | Maharashtra | Active | 18 Nov 2024 |
| 29AABCZ6271C1CI | Karnataka | Active | 22 Jun 2022 |
| 06AABCZ6271C1CQ | Haryana | Active | 24 Jun 2022 |
To see the full GST registrations and return filing status of 4B Networks Private Limited, buy the company report.
Recent activity
4B Networks Private Limited has 7 board changes on record since 2020: 3 appointments and 4 cessations. The latest: Neha Jain was appointed as Irp/Rp/Liquidator on 29 Oct 2024.
News
Frequently asked questions
4B Networks is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
4B Networks is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in real estate brokerage and services, within the real estate and construction industry. It was incorporated on 05 November 2020 and is registered under CIN U73100MH2020PTC349457. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
4B Networks has 3 current directors:
- Rahul Yadav - Whole-Time Director
- Devesh Singh - Whole-Time Director
- Neha Jain - Irp/Rp/Liquidator
The latest financial statements of 4B Networks on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 24 August 2022. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of 4B Networks is U73100MH2020PTC349457. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
4B Networks has open charges of ₹20 Cr and no satisfied charges on record as per latest MCA filings.
4B Networks has 12 court cases on record: 12 filed against it. 4 are pending. Most are in the district courts.
4B Networks was incorporated on 05 November 2020. It is registered with the Registrar of Companies, Mumbai.
4B Networks has 6 deals on record (4 funding rounds, 1 debt financing, 1 secondary share transfer), with disclosed funding of ₹291 Cr; the latest was in September 2022.
Neha Jain was appointed as Irp/Rp/Liquidator on 29 Oct 2024. Ravindra Baikuthanath Chaturvedi ceased to be Irp/Rp/Liquidator on 29 Oct 2024. Devesh Singh ceased to be Director on 14 Mar 2022. 4B Networks has 7 board changes on record in total.
Yes, 4B Networks is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).