About We Internet Limited
Data last updated:
We Internet Limited is a public limited company based in Dewas, Madhya Pradesh, India. It operates in the isp and broadband services segment of the telecommunications sector. It was incorporated on 05 August 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN L70100MP1980PLC001643. The company has 4 GST registrations on record, none of which is active. It is recorded as listed by MCA, but its shares were delisted from BSE on 04 Jul 2018 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹75.5 Cr and a paid-up capital of ₹74.51 Cr. It was formerly known as S V Electricals Ltd and Nivyah Infrastructure & Telecom Services Limited. It is led by directors including Parind Sushil Parekh (Managing Director) and Ajit Jogendarprasad Singh.
Its last annual general meeting (AGM) was held on 14 September 2013, and its latest financial statements are for the year ended 31 March 2013. The registered office is at Sodani Complex 39 A. B. Road Patwardhan Marg, Dewas, Madhya Pradesh, India – 455001.
The company is associated with 1 brand: We Internet. As per MCA filings, the company has open charges of ₹3.44 Cr on record. Court records list 24 cases involving the company, including 6 filed by the company and 18 filed against it; 7 cases are pending. The company has 98 deals on record (98 market trades); the latest was in November 2013.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website weinternet.in.
Company details
Name history
We Internet has undergone 2 name changes throughout its history. The company was previously known as S V Electricals Ltd, and Nivyah Infrastructure & Telecom Services Limited. The current legal name is We Internet Limited.
| Company Name | Status |
|---|---|
| We Internet Limited | Current |
| S V Electricals Ltd | Previous |
| Nivyah Infrastructure & Telecom Services Limited | Previous |
CIN history
We Internet has one previous CIN (Corporate Identification Number): L31501MP1980PLC001643. The current CIN is L70100MP1980PLC001643, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L70100MP1980PLC001643 | Current |
| L31501MP1980PLC001643 | Previous |
Contact details
We Internet Limited's registered office is in Dewas, Madhya Pradesh.
- Registered AddressSodani Complex 39 A. B. Road Patwardhan Marg, Dewas, Madhya Pradesh, India – 455001
- IndustryTelecom, ISP & Broadband 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
Brands
We Internet operates one associated brand: We Internet. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides high-speed fiber optic internet services to residential and business customers. | weinternet.in |
Financials of We Internet Limited
FY 2013 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of We Internet Limited, buy the company report.
Board of directors of We Internet Limited
We Internet has 4 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parind Sushil Parekh Also directs: Rampup Internet Private Limited | Managing Director | 13 Aug 2010 | 16 Years 2 Months | Current |
| Asish Kumar Ray | Additional Director | 26 Dec 2012 | 13 Years 10 Months | Current |
| Ajit Jogendarprasad Singh Also directs: Guilders Enterprises India Private Limited | Director | 30 Jun 2012 | 14 Years 4 Months | Current |
| Niranjan Vasantlal Modi Also directs: Khushal Shah and Associates LLP, Market Mis Software LLP, Manshukhbhai Management Services Private Limited and 1 more | Additional Director | 12 Jun 2014 | 12 Years 4 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Aug 1998 | 90201741 | State Bank of Indore | ₹30 Lakh | Open | |
| 05 Aug 1998 | 90210473 | State Bank of Indore | ₹25 Lakh | Open | |
| 31 Jan 1998 | 90208142 | State Bank of Indore | ₹6.88 Lakh | Open | |
| 07 May 1996 | 90203213 | Madhya Pradesh Financial Corporation | ₹7.5 Lakh | Open | |
| 28 Sep 1993 | 90204901 | State Bank of Indore | ₹10 Lakh | Open |
To see the full charge records of We Internet Limited, buy the company report.
Total charge records: 21 View all charges
Deals & funding
We Internet Limited has 98 deals on record (98 market trades); the latest was in November 2013.
Deals on record (5 of 98)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2012 | Market trade | ₹7.8 Lakh | Seller: Arcadia Share and Stock Brokers Private Limited |
| Jun 2012 | Market trade | ₹8.5 Lakh | Seller: Arcadia Share and Stock Brokers Private Limited |
| Apr 2012 | Market trade | ₹41.1 Lakh | Buyer: 2 individuals Seller: Oleander Manufacturers and Credit Ltd , an individual |
| Mar 2012 | Market trade | ₹52.2 Lakh | Buyer: an individual Seller: Optimum Broadband Services Private Limited , an individual |
| Feb 2012 | Market trade | ₹11.4 Lakh | Seller: Alankrit Retails Private Limited |
To see the full deal history of We Internet Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
We Internet Limited has 24 court cases on record: 6 filed by We Internet, 18 filed against it. 7 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 16 | 7 |
| High courts | 4 | 2 | 0 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal case | Filed against the company by Accolet Advisors Pvt Ltd | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Cybertech Systems and Software Ltd Through Dr T K Mukhopadhyay and 1 other | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Ms Cybertech Systems and Software Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Reliance Communications Ltd. and 1 other | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Ms. Beetel Teletech Ltd | Disposed |
To see the full case history of We Internet 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 We Internet Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
We Internet has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of We Internet Limited, buy the company report.
Recent activity
We Internet Limited has 33 board changes on record since 1988: 18 appointments and 15 cessations. The latest: Niranjan Vasantlal Modi ceased to be Additional Director on 26 Jul 2017.
60 earlier events are in the company report.
Frequently asked questions
We Internet is an active public limited company based in Dewas, Madhya Pradesh, India. The company works in isp and broadband services, within the telecom industry. It was incorporated on 05 August 1980 (46+ years old) and is registered under CIN L70100MP1980PLC001643.
We Internet has 4 current directors:
- Parind Sushil Parekh - Managing Director
- Asish Kumar Ray - Additional Director
- Ajit Jogendarprasad Singh - Director
- Niranjan Vasantlal Modi - Additional Director
The latest financial statements of We Internet on record with the MCA are for the year ended 31 March 2013. Its last annual general meeting was held on 14 September 2013. Year-wise statements from 2015 are in the company report.
No. We Internet has 4 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of We Internet is L70100MP1980PLC001643. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
We Internet is recorded as a listed company by MCA, but its shares were delisted from BSE on 04 Jul 2018 · compulsory delisting, and no longer trade on a stock exchange.
We Internet has 24 court cases on record: 6 filed by the company and 18 filed against it. 7 are pending. Most are in the district courts.
We Internet was incorporated on 05 August 1980, making it 46+ years old. It is registered with the Registrar of Companies, Gwalior.
We Internet has 98 deals on record (98 market trades); the latest was in November 2013.
Niranjan Vasantlal Modi ceased to be Additional Director on 26 Jul 2017. Bhushan Sagarmalji Punamiya ceased to be Director on 06 Oct 2014. Cajetan Jerome Dsouza ceased to be Additional Director on 17 Jul 2014. We Internet has 33 board changes on record in total.
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