About Shyam Spectra Private Limited
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Shyam Spectra Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Abbey Infraprojects Private L. It operates in the isp and broadband services segment of the telecommunications sector. It was incorporated on 09 May 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72300DL2008PTC177873.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹24.26 Cr. It was formerly known as Citycom Networks Private Limited and Citicom Networks Private Limited. It is led by directors Nitin Mehrotra (Managing Director) and Udit Mehrotra (Managing Director).
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at First Floor, A – 60 Naraina Industrial Area Phase, New Delhi, Delhi, India – 110028.
As per the financials filed for FY 2025, the company reported a revenue of ₹168.13 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net loss of ₹11.43 Cr (net margin -6.8%) and EBITDA of ₹21.09 Cr (EBITDA margin 12.5%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years.
The company has about 621 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Spectra. As per MCA filings, the company has open charges of ₹43.8 Cr and satisfied charges of ₹132.37 Cr on record. Court records list 752 cases involving the company, including 597 filed by the company and 155 filed against it; 124 cases are pending. The company has 11 deals on record (4 funding rounds, 3 debt financings, 3 secondary share transfers), with disclosed funding of ₹81.42 Cr; the latest was in June 2021. Its 4 peer companies in the Telecom industry (Landline ISP and Broadband), with the same principal business activity (other information & communication service activities) are compared by revenue, 3 larger and 1 smaller; the largest is National Internet Exchange of India with revenue of ₹199.48 Cr. The company has 67 MSME Form 1 returns on record between 2014 and 2024, listing 3,671 overdue payments to 157 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spectra.co.
Company details
Name history
Shyam Spectra has undergone 2 name changes throughout its history. The company was previously known as Citycom Networks Private Limited, and Citicom Networks Private Limited. The current legal name is Shyam Spectra Private Limited.
| Company Name | Status |
|---|---|
| Shyam Spectra Private Limited | Current |
| Citycom Networks Private Limited | Previous |
| Citicom Networks Private Limited | Previous |
Contact details
Shyam Spectra Private Limited's registered office is in New Delhi, Delhi. Its website is spectra.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressFirst Floor, A – 60 Naraina Industrial Area Phase, New Delhi, Delhi, India – 110028
- IndustryTelecom, ISP & Broadband Services
To see the full contact details of Shyam Spectra 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
Shyam Spectra operates one associated brand: Spectra. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Spectra is engaged in providing managed network solutions for businesses. | spectra.co |
Business activity
The main business activity of Shyam Spectra is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Shyam Spectra Private Limited, buy the company report.
Financials of Shyam Spectra Private Limited
FY 2025 filings availableShyam Spectra Private Limited reported revenue of ₹168.13 Cr (down 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 18% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹21.09 Cr | ||||
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| Net Profit (PAT) | -₹11.43 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.5% | ||||
| Net Profit Margin | -6.8% | ||||
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To see the full financial statements and ratios of Shyam Spectra Private Limited, buy the company report.
Board of directors of Shyam Spectra Private Limited
Shyam Spectra 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 |
|---|---|---|---|---|
| Nitin Mehrotra Also directs: Helly Road Projects LLP, Happy Home Infraprojects LLP, A&A Infraprojects LLP and 5 more | Managing Director | 09 May 2008 | 18 Years 5 Months | Current |
| Udit Mehrotra Also directs: Helly Road Projects LLP, Happy Home Infraprojects LLP, A&A Infraprojects LLP and 5 more | Managing Director | 09 May 2008 | 18 Years 5 Months | Current |
Peer comparison
Shyam Spectra Private Limited is compared with the 4 companies closest to it by revenue in the Telecom industry (Landline ISP and Broadband), with the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| National Internet Exchange of India | ₹199.48 Cr (FY 2025) | 8.0% | New Delhi, Delhi, India | |||
| E-Eighteen.Com Limited | ₹190.65 Cr (FY 2023) | -9.0% | Mumbai, Maharashtra, India | |||
| Ortel Communications Limited | ₹186.13 Cr (FY 2018) | -10.0% | New Delhi, Delhi, India | |||
| Shyam Spectra Private Limitedthis company | ₹168.13 Cr (FY 2025) | -₹11.43 Cr | -6.8% | -8.0% | 621 | New Delhi, Delhi, India |
| Unified Electro-Tech Private Limited | ₹137.52 Cr (FY 2025) | 59.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Shyam Spectra Private Limited, buy the company report.
Auditor
Shyam Spectra Private Limited is audited by Vinod Kumar & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vinod Kumar & Associates | FY 2023 | 002304N |
Shareholding
The shareholding of Shyam Spectra Private 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 Shyam Spectra Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Oct 2024 | 100997923 | Others | ₹63.9 Lakh | Open | |
| 06 Sep 2024 | 100978655 | Others | ₹66 Lakh | Open | |
| 31 May 2022 | 100593654 | Axis Bank Limited | ₹3.21 Cr | Open | |
| 31 May 2022 | 100593656 | Axis Bank Limited | ₹36.49 Cr | Open | |
| 08 Mar 2019 | 100262253 | Others | ₹2.8 Cr | Open |
To see the full charge records of Shyam Spectra Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Shyam Spectra Private Limited has 11 deals on record (4 funding rounds, 3 debt financings, 3 secondary share transfers), with disclosed funding of ₹81.42 Cr; the latest was in June 2021.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2021 | Secondary share transfer | Undisclosed | Buyer: Abbey Infraprojects Private Limited Seller: Talentonic HR Solutions Private Limited |
| Mar 2021 | Secondary share transfer | Undisclosed | Seller: Ubico Networks Private Limited |
| Mar 2019 | Debt financing | ₹4.23 Cr | Investors: Abbey Infraprojects Private Limited |
| Jan 2019 | Funding round | ₹2.99 Cr | Investors: Spectra Co-ownership Trust, Talentonic HR Solutions Private Limited |
| Mar 2017 | Funding round | ₹18.71 Cr | Investors: Ubico Networks Private Limited , Talentonic HR Solutions Private Limited |
To see the full deal history of Shyam Spectra 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
Shyam Spectra Private Limited has 752 court cases on record: 597 filed by Shyam Spectra, 155 filed against it. 124 cases are pending and 628 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 607 | 21 | 102 |
| High courts | 144 | 133 | 22 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 752)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Court case (C.S(COMM DIV)) | Filed against the company by Ms Dawn Pictures Private Limited | Pending |
| Madras High Court | Original application | Filed against the company by Ms Dawn Pictures Private Limited | Pending |
| District court, South East, Delhi | Civil suit | Filed by the company against Zoylee Web Services Private Limited | Pending |
| District court, South East, Delhi | Civil suit | Filed by the company against Stark Visas Pvt Ltd | Pending |
| District court, South East, Delhi | Civil suit | Filed by the company against Epact Business Solutions Pvt. Ltd. | Pending |
To see the full case history of Shyam Spectra 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.
Credit ratings & regulatory alerts
Shyam Spectra Private Limited was last rated by Indiarating on 13 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 13 Sep 2021 |
To see the full credit ratings and regulatory alerts of Shyam Spectra Private Limited, buy the company report.
MSME payment delays
Shyam Spectra Private Limited has 67 MSME Form 1 returns on record between 2014 and 2024, listing 3,671 overdue payments to 157 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 157)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Royal Connect Solutions Private Limited | |||
| Limras Telecommunication Private Limited | |||
| Telematico India Networks | |||
| Elxire IT Services Private Limited | |||
| Precious Netcom Private Limited |
To see the full MSME payment records of Shyam Spectra Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Shyam Spectra Private Limited has a workforce of 621 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Shyam Spectra Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Shyam Spectra Private Limited has 10 board changes on record since 2008: 4 appointments and 6 cessations. The latest: Dharmender Kumar Gemini was appointed as CFO on 21 Feb 2025.
22 earlier events are in the company report.
News
Frequently asked questions
Shyam Spectra is an active private limited company based in New Delhi, Delhi, India. The company works in isp and broadband services, within the telecom industry. It was incorporated on 09 May 2008 (18+ years old) and is registered under CIN U72300DL2008PTC177873.
Shyam Spectra has 2 current directors:
- Nitin Mehrotra - Managing Director
- Udit Mehrotra - Managing Director
The latest financial statements of Shyam Spectra on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Shyam Spectra is U72300DL2008PTC177873. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shyam Spectra has 752 court cases on record: 597 filed by the company and 155 filed against it. 124 are pending. Most are in the district courts.
Shyam Spectra was incorporated on 09 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Delhi.
Shyam Spectra has 11 deals on record (4 funding rounds, 3 debt financings, 3 secondary share transfers), with disclosed funding of ₹81.42 Cr; the latest was in June 2021.
The peers of Shyam Spectra by revenue are National Internet Exchange of India, E-Eighteen.Com Limited, Ortel Communications Limited, Unified Electro-Tech Private Limited, all in the Telecom industry (Landline ISP and Broadband), with the same principal business activity (other information & communication service activities).
Dharmender Kumar Gemini was appointed as CFO on 21 Feb 2025. Nitin Mehrotra ceased to be Director on 27 Sep 2021. Parag Gupta ceased to be Cfo(Kmp) on 15 Oct 2020. Shyam Spectra has 10 board changes on record in total.
Shyam Spectra has 67 MSME Form 1 returns on record between 2014 and 2024, listing 3,671 overdue payments to 157 micro and small suppliers. The latest return was filed on 25 Apr 2024.
Shyam Spectra can be reached through the website spectra.co. Its registered office is in New Delhi, Delhi, India.
The registered office of Shyam Spectra is at First Floor, A – 60 Naraina Industrial Area Phase, New Delhi, Delhi, India – 110028.