About Shyam Legacy Asset Private Limited
Data last updated:
Shyam Legacy Asset Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Strawberry Fields Televentures Private Limited. It operates in the telecom service providers segment of the telecommunications sector. It was incorporated on 28 March 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U68100DL2001PTC110209. Its GSTIN is 07AAFCS9181E3Z3 (Delhi). The company holds 9 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹34.05 Cr and a paid-up capital of ₹32.56 Cr. It was formerly known as Pl Engineering Private Limited and Spectra Isp Networks Private Limited. It is led by directors Nitin Mehrotra and Udit Mehrotra.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at A 60 Naraina Industrial Area Phase – I, New Delhi, Delhi, India – 110028.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.27 Cr, a growth of 87% compared to the previous year. For the same year it recorded a net profit of ₹4.13 Cr (net margin 65.9%) and EBITDA of ₹5.58 Cr (EBITDA margin 89.1%). Revenue has grown at a compounded annual rate (CAGR) of 151% over three years and 674% over five years.
The company is associated with 1 brand: Spectra. As per MCA filings, the company has open charges of ₹39.7 Cr and satisfied charges of ₹162.87 Cr on record. Court records list 701 cases involving the company, including 16 filed by the company and 685 filed against it; 97 cases are pending.
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 Legacy Asset has undergone 2 name changes throughout its history. The company was previously known as Pl Engineering Private Limited, and Spectra Isp Networks Private Limited. The current legal name is Shyam Legacy Asset Private Limited.
| Company Name | Status |
|---|---|
| Shyam Legacy Asset Private Limited | Current |
| Pl Engineering Private Limited | Previous |
| Spectra Isp Networks Private Limited | Previous |
CIN history
Shyam Legacy Asset has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U68100DL2001PTC110209, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U68100DL2001PTC110209 | Current |
| U65993DL2001PTC110209 | Previous |
| U74900DL2001PTC110209 | Previous |
Contact details
Shyam Legacy Asset 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 AddressA 60 Naraina Industrial Area Phase – I, New Delhi, Delhi, India – 110028
- IndustryTelecom, Telecom Service Providers
To see the full contact details of Shyam Legacy Asset 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 Legacy Asset 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 |
Financials of Shyam Legacy Asset Private Limited
FY 2024 filings availableShyam Legacy Asset Private Limited reported revenue of ₹6.27 Cr (up 87% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 674% over five years, including 87% growth in the latest year. EBITDA fell 68% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.58 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.13 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 89.1% | ||||
| Net Profit Margin | 65.9% | ||||
| 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 Shyam Legacy Asset Private Limited, buy the company report.
Board of directors of Shyam Legacy Asset Private Limited
Shyam Legacy Asset has 2 current directors and 13 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 | Director | 16 Aug 2023 | 3 Years 2 Months | Current |
| Udit Mehrotra Also directs: Helly Road Projects LLP, Happy Home Infraprojects LLP, A&A Infraprojects LLP and 5 more | Director | 16 Aug 2023 | 3 Years 2 Months | Current |
Peer comparison
Shyam Legacy Asset Private Limited is compared with the 10 companies closest to it by revenue in the Telecom industry (Landline ISP and Broadband), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fantree Enterprise Private Limited | ₹6.51 Cr (FY 2025) | -35.0% | Delhi, India | |||
| Triple Play Broadband Private Limited | ₹6.51 Cr (FY 2024) | -38.0% | New Delhi, Delhi, India | |||
| Neolog Online Services Private Limited | ₹6.42 Cr (FY 2023) | 3.0% | Secunderabad, Telangana, India | |||
| Sri Vari Network Private Limited | ₹6.32 Cr (FY 2024) | -6.0% | Komarapalayam, Tamil Nadu, India | |||
| 4G5g Consultants Private Limited | ₹6.27 Cr (FY 2024) | -57.0% | Belgaum, Karnataka, India | |||
| Shyam Legacy Asset Private Limitedthis company | ₹6.27 Cr (FY 2025) | ₹4.13 Cr | 65.9% | 87.0% | New Delhi, Delhi, India | |
| Charotar Telelink Private Limited | ₹6.25 Cr (FY 2025) | 63.0% | Anand, Gujarat, India | |||
| Ekowebtech IT Services Private Limited | ₹6.13 Cr (FY 2025) | 51.0% | Faridabad, Haryana, India | |||
| Falconet Internet Private Limited | ₹6.1 Cr (FY 2025) | 45.0% | Thanesar, Haryana, India | |||
| R.P World Telecom Private Limited | ₹6.08 Cr (FY 2025) | -35.0% | Sirmaur, Himachal Pradesh, India | |||
| Wire Line Solution (India) Private Limited | ₹6.08 Cr (FY 2024) | 2.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Shyam Legacy Asset Private Limited, buy the company report.
Auditor
Shyam Legacy Asset 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 Legacy Asset 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 Legacy Asset Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jun 2022 | 100593718 | Axis Bank Limited | ₹39.7 Cr | Open | |
| 23 Jan 2024 | 100871923 | Axis Bank Limited | ₹2.5 Cr | Satisfied | |
| 20 Dec 2016 | 100068873 | Others | ₹47 Cr | Satisfied | |
| 10 Sep 2010 | 10251044 | State Bank of Mysore | ₹28.37 Cr | Satisfied | |
| 31 May 2010 | 10224932 | State Bank of Mysore | ₹20 Cr | Satisfied |
To see the full charge records of Shyam Legacy Asset Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Shyam Legacy Asset Private Limited has 701 court cases on record: 16 filed by Shyam Legacy Asset, 685 filed against it. 97 cases are pending and 604 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 688 | 684 | 97 |
| District courts | 13 | 1 | 0 |
Cases on record (5 of 701)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Court case (C.S(COMM DIV)) | Filed against the company by Applause Entertainment Private Limited | Pending |
| Madras High Court | Original application | Filed against the company by KVN Productions LLP | Pending |
| Madras High Court | Court case (C.S(COMM DIV)) | Filed against the company by Reliance Industries Limited | Pending |
| Madras High Court | Original application | Filed against the company by Applause Entertainment Private Limited | Pending |
| Madras High Court | Court case (C.S(COMM DIV)) | Filed against the company by Stage 5 Production LLP | Pending |
To see the full case history of Shyam Legacy Asset 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 Shyam Legacy Asset Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shyam Legacy Asset Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
Shyam Legacy Asset has 9 GST registrations: 1 active and 8 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCS9181E3Z3 | Delhi | Active | 01 Aug 2021 |
To see the full GST registrations and return filing status of Shyam Legacy Asset Private Limited, buy the company report.
Recent activity
Shyam Legacy Asset Private Limited has 15 board changes on record since 2010: 2 appointments and 13 cessations. The latest: Nitin Mehrotra was appointed as Director on 16 Aug 2023.
21 earlier events are in the company report.
News
Frequently asked questions
Shyam Legacy Asset is an active private limited company based in New Delhi, Delhi, India. The company works in telecom service providers, within the telecom industry. It was incorporated on 28 March 2001 (25+ years old) and is registered under CIN U68100DL2001PTC110209.
Shyam Legacy Asset has 2 current directors:
- Nitin Mehrotra - Director
- Udit Mehrotra - Director
The latest financial statements of Shyam Legacy Asset on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Shyam Legacy Asset is 07AAFCS9181E3Z3, registered in Delhi. The company has 9 GST registrations in all, of which 1 is active and 8 are cancelled or inactive.
The CIN (Corporate Identification Number) of Shyam Legacy Asset is U68100DL2001PTC110209. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shyam Legacy Asset has 701 court cases on record: 16 filed by the company and 685 filed against it. 97 are pending. Most are in the high courts.
Shyam Legacy Asset was incorporated on 28 March 2001, making it 25+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Shyam Legacy Asset by revenue are Fantree Enterprise Private Limited, Triple Play Broadband Private Limited, Neolog Online Services Private Limited, Sri Vari Network Private Limited, 4G5g Consultants Private Limited and 5 more, all in the Telecom industry (Landline ISP and Broadband).
Nitin Mehrotra was appointed as Director on 16 Aug 2023. Udit Mehrotra was appointed as Director on 16 Aug 2023. Sakshi ceased to be Company Secretary on 31 Dec 2018. Shyam Legacy Asset has 15 board changes on record in total.
Shyam Legacy Asset can be reached through the website spectra.co. Its registered office is in New Delhi, Delhi, India.
The registered office of Shyam Legacy Asset is at A 60 Naraina Industrial Area Phase – I, New Delhi, Delhi, India – 110028.