
Network Spice Private Limited
About Network Spice Private Limited
Data last updated:
Network Spice Private Limited is a private limited company based in Ranchi, Jharkhand, India, recognised as a startup by DPIIT. It operates in the software development and IT solutions segment of the software and technology sector. It was incorporated on 29 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ranchi, under CIN U72200JH2020PTC014721.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ashwini Kumar and Mihir Shekhar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at F.No – 705B Piska More 0, Ranchi, Jharkhand, India – 834004.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.65 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.32 Lakh (net margin 0.9%) and EBITDA of ₹7.26 Lakh (EBITDA margin 1.3%). Revenue has grown at a compounded annual rate (CAGR) of 329% over three years.
Court records list 1 case involving the company, including 1 filed by the company.
Network Spice Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-JH-20-0006066).
Company details
Recognitions & Rankings of Network Spice
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-JH-20-0006066
Contact details
Network Spice Private Limited's registered office is in Ranchi, Jharkhand.
- Registered AddressF.No – 705B Piska More 0, Ranchi, Jharkhand, India – 834004
- IndustrySoftware, Software Development, Software Publishing
- 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
Business activity
The main business activity of Network Spice 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 Network Spice Private Limited, buy the company report.
Financials of Network Spice Private Limited
FY 2025 filings availableNetwork Spice Private Limited reported revenue of ₹5.65 Cr (up 373% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 329% over three years, including 373% growth in the latest year. EBITDA rose 126% 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 | ₹7.26 Lakh | ||||
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| Net Profit (PAT) | ₹5.32 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 1.3% | ||||
| Net Profit Margin | 0.9% | ||||
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To see the full financial statements and ratios of Network Spice Private Limited, buy the company report.
Board of directors of Network Spice Private Limited
Network Spice 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 |
|---|---|---|---|---|
| Ashwini Kumar | Director | 19 Feb 2024 | 2 Years 8 Months | Current |
| Mihir Shekhar | Director | 29 Jul 2020 | 6 Years 2 Months | Current |
Peer comparison
Network Spice Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Vatsin Technology Solutions Private Limited | ₹5.66 Cr (FY 2025) | 34.0% | Gurgaon, Haryana, India | |||
| Highiq Robotics India Private Limited | ₹5.65 Cr (FY 2025) | 65.0% | Ramadugu, Telangana, India | |||
| Virtual Netax Private Limited | ₹5.65 Cr (FY 2017) | 10.0% | New Delhi, Delhi, India | |||
| Telusko Edutech Private Limited | ₹5.65 Cr (FY 2025) | 175.0% | Mumbai, Maharashtra, India | |||
| Telexcell Infranet Solutions Private Limited | ₹5.65 Cr (FY 2025) | 35.0% | New Delhi, Delhi, India | |||
| Network Spice Private Limitedthis company | ₹5.65 Cr (FY 2025) | ₹5.32 Lakh | 0.9% | 373.0% | Ranchi, Jharkhand, India | |
| Seydeltech India Private Limited | ₹5.64 Cr (FY 2025) | 41.0% | Pune, Maharashtra, India | |||
| Neowise Technologies Private Limited | ₹5.64 Cr (FY 2025) | 416.0% | Mumbai, Maharashtra, India | |||
| Jstreams Solutions Private Limited | ₹5.64 Cr (FY 2025) | 15.0% | Gurgaon, Haryana, India | |||
| Namya Recharge Payments Private Limited | ₹5.64 Cr (FY 2025) | -43.0% | Alwar, Rajasthan, India | |||
| Billiontags Creations Private Limited | ₹5.64 Cr (FY 2024) | -56.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Network Spice Private Limited, buy the company report.
Legal cases
Network Spice Private Limited has 1 court case on record: 1 filed by Network Spice. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, JHARKHAND | Writ petition | Filed by the company against Jharkhand Police Housing Corporation Ltd Through Its Managing Director and 2 others | Disposed |
To see the full case history of Network Spice 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 Network Spice Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Network Spice Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Network Spice Private Limited has 8 board changes on record since 2020: 3 appointments and 5 cessations. The latest: Chetna Tomar ceased to be Director on 06 Mar 2025.
Frequently asked questions
Network Spice is an active private limited company based in Ranchi, Jharkhand, India. The company works in software development, within the software industry. It was incorporated on 29 July 2020 (6+ years old) and is registered under CIN U72200JH2020PTC014721.
Network Spice has 2 current directors:
- Ashwini Kumar - Director
- Mihir Shekhar - Director
The latest financial statements of Network Spice on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Network Spice is U72200JH2020PTC014721. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Network Spice has 1 court case on record: 1 filed by the company.
Network Spice was incorporated on 29 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ranchi.
The peers of Network Spice by revenue are Vatsin Technology Solutions Private Limited, Highiq Robotics India Private Limited, Virtual Netax Private Limited, Telusko Edutech Private Limited, Telexcell Infranet Solutions Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Chetna Tomar ceased to be Director on 06 Mar 2025. Preeti Kumari ceased to be Director on 06 Mar 2025. Ashwini Kumar ceased to be Additional Director on 29 Sep 2024. Network Spice has 8 board changes on record in total.
Yes, Network Spice is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Network Spice is registered as a micro enterprise under Udyam registration (number: UDYAM-JH-20-0006066).
The registered office of Network Spice is at F.No – 705B Piska More 0, Ranchi, Jharkhand, India – 834004.