About Net On Technologies Private Limited
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Net On Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 09 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2013PTC072402. Its GSTIN is 29AAECN5469P1ZJ (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shaikh Manzoor Ahmed and Shaikh Ahmed Maqsood.
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 No. 58 3rd Floor Coles Road Frazer Town Pulikeshinagar, Bangalore, Karnataka, India – 560005.
As per the financials filed for FY 2024, the company reported a revenue of ₹30.33 Lakh, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹1.84 Lakh (net margin 6.1%) and EBITDA of ₹3.01 Lakh (EBITDA margin 9.9%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 22% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website netontech.com.
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- Registered AddressNo. 58 3rd Floor Coles Road Frazer Town Pulikeshinagar, Bangalore, Karnataka, India – 560005
- IndustryInformation Technology, Software Development & Support Services, IT Products Retail & Distribution
- 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
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Business Activity of Net On Technologies Private Limited
The main business activity of Net On Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Net On Technologies Private Limited FY 2024 filings available
Net On Technologies Private Limited reported revenue of ₹30.33 Lakh (down 27% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Net On Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 27% fall in the latest year. EBITDA fell 30% 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 Net On Technologies 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 | ₹3.01 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.84 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 Net On Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.1% | •••• | •••• | •••• | •••• |
| 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 Net On Technologies 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 Net On Technologies Private Limited
Net On Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution, Software 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 |
|---|---|---|---|---|---|---|
| Cygnet Digital Private Limited | ₹30.44 Lakh (FY 2025) | •••• | •••• | 12.0% | •••• | Ahmedabad, Gujarat, India |
| Dataknac Outsourcing Services Private Limited | ₹30.42 Lakh (FY 2025) | •••• | •••• | -22.0% | •••• | Delhi, India |
| Cathyos Labs Private Limited | ₹30.41 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Bangalore, Karnataka, India |
| Inubex Solutions Private Limited | ₹30.39 Lakh (FY 2023) | •••• | •••• | -44.0% | •••• | Badlapur, Maharashtra, India |
| Hra Technologies Private Limited | ₹30.38 Lakh (FY 2025) | •••• | •••• | 327.0% | •••• | Guna, Madhya Pradesh, India |
| Net On Technologies Private Limited this company | ₹30.33 Lakh (FY 2024) | •••• | •••• | -27.0% | •••• | Bangalore, Karnataka, India |
| Novechon Technology Private Limited | ₹30.32 Lakh (FY 2025) | •••• | •••• | 1886.0% | •••• | Mumbai, Maharashtra, India |
| Zeekay Computech Pvt Ltd | ₹30.3 Lakh (FY 2024) | •••• | •••• | 22.0% | •••• | Gmc, Assam, India |
| Ebita Info Solutions Private Limited | ₹30.3 Lakh (FY 2025) | •••• | •••• | -44.0% | •••• | Bangalore, Karnataka, India |
| Reve Cloud Tech Private Limited | ₹30.29 Lakh (FY 2025) | •••• | •••• | •••• | Kanjirappally, Kerala, India | |
| Imetalle Technology Private Limited | ₹30.26 Lakh (FY 2017) | •••• | •••• | •••• | Howrah, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Net On Technologies by revenue in the Information Technology industry (IT Products Retail and Distribution, Software 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 Net On Technologies Private Limited
Net On Technologies Private Limited is audited by VAIBHAVI RAJAGOPAL & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VAIBHAVI RAJAGOPAL & ASSOCIATES | 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 Net On Technologies Private Limited
Net On Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shaikh Manzoor Ahmed | Director | 09 Dec 2013 | 12 Years 10 Months | Current |
| Shaikh Ahmed Maqsood | Director | 09 Dec 2013 | 12 Years 10 Months | Current |
Ownership and Shareholding of Net On Technologies 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 Net On Technologies Private Limited
Net On Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Net On Technologies Private Limited
Employment history and EPFO contributions of people linked to Net On Technologies.
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 Net On Technologies Private Limited
Net On Technologies Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Shaikh Ahmed Maqsood was appointed as Director on 09 Dec 2013.
Credit Ratings, Litigation & Regulatory Alerts for Net On Technologies 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 Net On Technologies 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 Net On Technologies 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 Net On Technologies Private Limited
Net On Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECN5469P1ZJ | Karnataka | Active | 01 Jul 2017 |
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 Net On Technologies 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 Net On Technologies Private Limited
Net On Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 09 December 2013 (13+ years old) and is registered under CIN U72200KA2013PTC072402.
Net On Technologies reported revenue of ₹30.33 Lakh for FY 2024 (down 27% YoY).
Net On Technologies has 2 current directors:
- Shaikh Manzoor Ahmed - Director
- Shaikh Ahmed Maqsood - Director
Net On Technologies reported a net profit of ₹1.84 Lakh (net margin 6.1%) and EBITDA of ₹3.01 Lakh (EBITDA margin 9.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Net On Technologies is -10% over three years and -22% over five years. In the latest year (FY 2024) revenue fell 27%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Net On Technologies is 29AAECN5469P1ZJ, registered in Karnataka.
The CIN (Corporate Identification Number) of Net On Technologies is U72200KA2013PTC072402. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Net On Technologies was incorporated on 09 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Net On Technologies by revenue are Cygnet Digital Private Limited, Dataknac Outsourcing Services Private Limited, Cathyos Labs Private Limited, Inubex Solutions Private Limited, Hra Technologies Private Limited and 5 more, all in the Information Technology industry (IT Products Retail and Distribution, Software Services).
Shaikh Ahmed Maqsood was appointed as Director on 09 Dec 2013. Shaikh Manzoor Ahmed was appointed as Director on 09 Dec 2013.
Net On Technologies can be reached through the website netontech.com. Its registered office is in Bangalore, Karnataka, India.