About Multinet (Udaipur) Private Limited
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Multinet (Udaipur) Private Limited is a private limited company based in Udaipur, Rajasthan, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 24 April 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U72200RJ2003PTC018244. Its GSTIN is 08AADCM5619B1ZQ (Rajasthan). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hemant Shrimali and Atul Agarwal.
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 311 Midtown Business Centre Station Road, Udaipur, Rajasthan, India – 313001.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.68 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹27.22 Lakh (net margin 4.8%) and EBITDA of ₹93.6 Lakh (EBITDA margin 16.5%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 4% over five years.
The company is associated with 1 brand: Multinet Udaipur. As per MCA filings, the company has open charges of ₹2.23 Cr and satisfied charges of ₹25.01 Lakh on record. Court records list 6 cases involving the company, including 1 filed against it; 1 case is 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 multinetudaipur.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address311 Midtown Business Centre Station Road, Udaipur, Rajasthan, India – 313001
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Multinet (Udaipur) Private Limited
The main business activity of Multinet (Udaipur) is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Multinet (Udaipur) Private Limited FY 2024 filings available
Multinet (Udaipur) Private Limited reported revenue of ₹5.68 Cr (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Multinet (Udaipur) Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 1% growth in the latest year. EBITDA rose 4% 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 of Multinet (Udaipur) Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹93.6 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹27.22 Lakh | •••• | •••• | •••• | •••• |
| 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 of Multinet (Udaipur) Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Multinet (Udaipur) are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Multinet (Udaipur) Private Limited
Multinet (Udaipur) Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Diversified BPO, IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Simula Software Solutions and Research Centre Private Limited | ₹5.7 Cr (FY 2017) | •••• | •••• | 9.0% | •••• | Jammu, Jammu and Kashmir, India |
| Ziontech Solutions Private Limited | ₹5.7 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Hyderabad, Telangana, India |
| Coincept Accounting Solutions Private Limited | ₹5.69 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Pune, Maharashtra, India |
| Clogeny Technologies Private Limited | ₹5.68 Cr (FY 2018) | •••• | •••• | -28.0% | •••• | Chennai, Tamil Nadu, India |
| Vijay Soft Solutions Private Limited | ₹5.68 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Tiruchirappalli, Tamil Nadu, India |
| Multinet (Udaipur) Private Limited this company | ₹5.68 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Udaipur, Rajasthan, India |
| Apt Software Avenues Pvt.Ltd. | ₹5.68 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Kolkata, West Bengal, India |
| Technowave Id Systems Private Limited | ₹5.67 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Kochi, Kerala, India |
| Ve- Comm Software Private Limited | ₹5.67 Cr (FY 2025) | •••• | •••• | 640.0% | •••• | Mumbai, Maharashtra, India |
| Ankalan Web Solutions Private Limited | ₹5.67 Cr (FY 2019) | •••• | •••• | 18.0% | •••• | Devarabisana Halli, Karnataka, India |
| Iram Technologies Private Limited | ₹5.67 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Multinet (Udaipur) by revenue in the Outsourcing industry (Diversified BPO, IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Multinet (Udaipur) Private Limited
Multinet (Udaipur) Private Limited is audited by AKSHAY RAKESH AND CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AKSHAY RAKESH AND CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Multinet (Udaipur) Private Limited
Multinet (Udaipur) has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemant Shrimali | Director | 24 Apr 2003 | 23 Years 5 Months | Current |
| Atul Agarwal | Director | 24 Apr 2003 | 23 Years 5 Months | Current |
Ownership and Shareholding of Multinet (Udaipur) Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Multinet (Udaipur) Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Feb 2025 | Hdfc Bank Limited | ₹15.5 Lakh | Open |
| 21 Mar 2024 | Hdfc Bank Limited | ₹11 Lakh | Open |
| 04 Jul 2023 | Hdfc Bank Limited | ₹1.36 Cr | Open |
| 30 Sep 2022 | Others | ₹30 Lakh | Open |
| 21 Sep 2022 | Hdfc Bank Limited | ₹22.08 Lakh | Open |
Total charge records: 7 View all charges
Legal Cases of Multinet (Udaipur) Private Limited
Multinet (Udaipur) Private Limited has 6 court cases on record: 1 filed against it, 5 where it is another party. 1 case is pending and 5 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 0 |
| District courts | 1 | 1 | 1 |
Cases on record (4 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (UN CR) | Filed against the company by Bharti Airtel Limited | Pending |
| Madras High Court | Writ petition | Company is another party | Disposed |
| Madras High Court | Interim or miscellaneous application | Company is another party | Disposed |
| Madras High Court | Civil suit | Company is another party | Disposed |
Full case history
All 6 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Multinet (Udaipur) Private Limited
Multinet (Udaipur) operates one associated brand: Multinet Udaipur. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers broadband, WiFi, and managed internet services for residences and businesses. | multinetudaipur.com |
Employees and EPFO Compliance at Multinet (Udaipur) Private Limited
Employment history and EPFO contributions of people linked to Multinet (Udaipur).
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Multinet (Udaipur) Private Limited
Multinet (Udaipur) Private Limited has 3 board changes on record since 2003: 2 appointments and 1 cessation. The latest: Hitendra Vadilal Shah ceased to be Director on 16 Jun 2014.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Multinet (Udaipur) Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Multinet (Udaipur) Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Multinet (Udaipur) Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Multinet (Udaipur) Private Limited
Multinet (Udaipur) has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AADCM5619B1ZQ | Rajasthan | Active | 01 Jul 2017 |
| 23AADCM5619B1ZY | Madhya Pradesh | Active | 06 Feb 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Multinet (Udaipur) Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Multinet (Udaipur) Private Limited
Multinet (Udaipur) is an active private limited company based in Udaipur, Rajasthan, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 24 April 2003 (23+ years old) and is registered under CIN U72200RJ2003PTC018244.
Multinet (Udaipur) reported revenue of ₹5.68 Cr for FY 2024 (up 1% YoY).
Multinet (Udaipur) has 2 current directors:
- Hemant Shrimali - Director
- Atul Agarwal - Director
Multinet (Udaipur) reported a net profit of ₹27.22 Lakh (net margin 4.8%) and EBITDA of ₹93.6 Lakh (EBITDA margin 16.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Multinet (Udaipur) is 2% over three years and 4% over five years. In the latest year (FY 2024) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Multinet (Udaipur) is 08AADCM5619B1ZQ, registered in Rajasthan. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 23AADCM5619B1ZY (Madhya Pradesh).
The CIN (Corporate Identification Number) of Multinet (Udaipur) is U72200RJ2003PTC018244. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Multinet (Udaipur) has 6 court cases on record: 1 filed against it. 1 is pending. Most are in the high courts.
Multinet (Udaipur) was incorporated on 24 April 2003, making it 23+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Multinet (Udaipur) by revenue are Simula Software Solutions and Research Centre Private Limited, Ziontech Solutions Private Limited, Coincept Accounting Solutions Private Limited, Clogeny Technologies Private Limited, Vijay Soft Solutions Private Limited and 5 more, all in the Outsourcing industry (Diversified BPO, IT Consulting and Services).
Hitendra Vadilal Shah ceased to be Director on 16 Jun 2014. Atul Agarwal was appointed as Director on 24 Apr 2003. Hemant Shrimali was appointed as Director on 24 Apr 2003.