Net Work Telelink Private Limited
About Net Work Telelink Private Limited
Data last updated:
Net Work Telelink Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been dissolved (liquidated) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 02 February 1998.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51506MH1998PTC113339. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹7.04 Lakh. It was led by directors Anand Laxman Veer and Ajay Nana Walanju.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Ninad 7/313 Gr Floor Kher Nagar Mhb Colony Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2018, the company reported a revenue of ₹14.97 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.12 Cr and EBITDA of -₹73.8 Lakh (EBITDA margin -493%). Revenue has declined at a compounded annual rate (CAGR) of 85% over three years.
Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it.
Company details
Contact details
Net Work Telelink Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNinad 7/313 Gr Floor Kher Nagar Mhb Colony Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryTrading, Other Wholesale, Retail Trading, Wholesale, Retailers
To see the full contact details of Net Work Telelink 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
Financials of Net Work Telelink Private Limited
FY 2018 filings availableNet Work Telelink Private Limited reported revenue of ₹14.97 Lakh (up 7027% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 85% over three years. EBITDA rose 99% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹73.8 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.12 Cr | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
| EBITDA Margin | -493% | |||
| Net Profit Margin | ||||
| Return on Equity (ROE) | ||||
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| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Net Work Telelink Private Limited, buy the company report.
Board of directors of Net Work Telelink Private Limited
Net Work Telelink has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Laxman Veer | Director | 03 Dec 2014 | 11 Years 10 Months | As last reported |
| Ajay Nana Walanju | Director | 03 Dec 2014 | 11 Years 10 Months | As last reported |
Auditor
Net Work Telelink Private Limited is audited by Borkar & Shenoy for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Borkar & Shenoy | FY 2017 | 120426W |
Shareholding
The shareholding of Net Work Telelink Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Net Work Telelink Private Limited, buy the company report.
Legal cases
Net Work Telelink Private Limited has 7 court cases on record: 5 filed by Net Work Telelink, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
| High courts | 2 | 0 | 0 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed against the company by Spruce Trading Private Limited and 1 other | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Spruce Trading Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Shree Ram International | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
To see the full case history of Net Work Telelink 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 Net Work Telelink Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Net Work Telelink has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Net Work Telelink Private Limited, buy the company report.
Recent activity
Net Work Telelink Private Limited has 7 board changes on record since 2013: 2 appointments and 5 cessations. The latest: Ajay Nana Walanju ceased to be Additional Director on 23 Dec 2014.
Frequently asked questions
Net Work Telelink has been "Dissolved (Liquidated)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Net Work Telelink was a private limited company based in Mumbai, Maharashtra, India. The company worked in other wholesale, within the trading industry. It was incorporated on 02 February 1998 and is registered under CIN U51506MH1998PTC113339. The company is recorded as dissolved (liquidated) in MCA records and no longer exists as a legal entity.
Net Work Telelink was incorporated on 02 February 1998. It is registered with the Registrar of Companies, Mumbai.
Net Work Telelink had 2 directors:
- Anand Laxman Veer - Director
- Ajay Nana Walanju - Director
The CIN (Corporate Identification Number) of Net Work Telelink is U51506MH1998PTC113339. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Net Work Telelink is at Ninad 7313 Gr Floor Kher Nagar Mhb Colony Bandra East, Mumbai, Maharashtra, India – 400051.
The latest financial statements of Net Work Telelink on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Net Work Telelink has 1 GST registration on record and it is cancelled or inactive.
Net Work Telelink operated in the trading industry, in the other wholesale segment.
Net Work Telelink has 7 court cases on record: 5 filed by the company and 2 filed against it. Most are in the district courts.