Opengear Networks Private Limited

Opengear Networks Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2003PTC033042 Incorporated 18 December 2003 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2025
₹7.01 Lakh
▼ 67% YoY
Net loss · FY 2025
₹17.69 Lakh
Net margin -252.4%
EBITDA · FY 2025
-₹17.35 Lakh
EBITDA margin -247.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
23 yrs
Est. 2003
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Opengear Networks Private Limited

Data last updated:

Opengear Networks Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 18 December 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2003PTC033042. Its GSTIN is 29AAACO6461E1ZF (Karnataka).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Narayanan Surya Ramachandran (Managing Director) and Ramachandran Narayanan.

Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.18 Cr Layout First Cross J.P.Nagar First Phase, Bangalore, Karnataka, India – 560078.

As per the financials filed for FY 2025, the company reported a revenue of ₹7.01 Lakh, a decline of 67% compared to the previous year. For the same year it recorded a net loss of ₹17.69 Lakh (net margin -252.4%) and EBITDA of -₹17.35 Lakh (EBITDA margin -247.5%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 40% over five years.

The company is associated with 1 brand: OpenGear Networks.

Opengear Networks Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0091780). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website opengear.net.

Company details

CIN U72900KA2003PTC033042
Registration Number 033042
Incorporation Date 18 December 2003
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0091780

Recognitions & Rankings of Opengear Networks

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0091780

Contact details

Opengear Networks Private Limited's registered office is in Bangalore, Karnataka. Its website is opengear.net. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No.18 Cr Layout First Cross J.P.Nagar First Phase, Bangalore, Karnataka, India – 560078
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Opengear Networks Private Limited, buy the company report.

Comprehensive company report
Opengear Networks Private Limited - one report that includes everything
  • 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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Brands

Opengear Networks operates one associated brand: OpenGear Networks. Each brand links to its own profile.

BrandDescriptionWebsite
OpenGear Networks offers consulting in network security, information services, and infrastructure planning.opengear.net

Business activity

The main business activity of Opengear Networks is support service to organizations. In detail, this covers other support services to organizations.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN7Other support services to organizations

To see the full business activity and turnover split of Opengear Networks Private Limited, buy the company report.

Financials of Opengear Networks Private Limited

FY 2025 filings available

Opengear Networks Private Limited reported revenue of ₹7.01 Lakh (down 67% YoY) for FY 2025.

Revenue · FY 2025
₹7.01 Lakh ▼ 67%
Net loss · FY 2025
₹17.69 Lakh margin -252.4%
EBITDA · FY 2025
-₹17.35 Lakh margin -247.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 67%
3 years · compounded
▼ 45%
5 years · compounded
▼ 40%
EBITDA CAGR growth
1 year
▼ 155%
3 years · compounded
▼ 46%
5 years · compounded
▼ 18%

Revenue has declined at a compounded annual rate (CAGR) of 40% over five years, including a 67% fall in the latest year. EBITDA fell 155% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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-₹17.35 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹17.69 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-247.5%
Net Profit Margin-252.4%
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

To see the full financial statements and ratios of Opengear Networks Private Limited, buy the company report.

Board of directors of Opengear Networks Private Limited

Opengear Networks has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Narayanan Surya RamachandranManaging Director18 Dec 200322 Years 10 MonthsCurrent
Ramachandran NarayananDirector18 Dec 200322 Years 10 MonthsCurrent

Auditor

Opengear Networks Private Limited is audited by MOHAN AND CHANDRASEKHAR for the financial year 2017.

Auditor firmFinancial yearFirm registration number
MOHAN AND CHANDRASEKHARFY 2017009148S

Shareholding

The shareholding of Opengear Networks 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 categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Opengear Networks Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Opengear Networks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Opengear Networks has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAACO6461E1ZFKarnatakaActive09 Jul 2019

To see the full GST registrations and return filing status of Opengear Networks Private Limited, buy the company report.

Recent activity

Opengear Networks Private Limited has 2 board changes on record since 2003: 2 appointments. The latest: Narayanan Surya Ramachandran was appointed as Managing Director on 18 Dec 2003.

AGM
Opengear Networks Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Filing
Opengear Networks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Narayanan Surya Ramachandran was appointed as Managing Director.
Appointed
Ramachandran Narayanan was appointed as Director.
Incorporation
18 Dec 2003
Opengear Networks Private Limited was registered on 18 Dec 2003 with Roc Bangalore & aged 22 years 10 months as per MCA records.

Frequently asked questions

Opengear Networks is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 18 December 2003 (23+ years old) and is registered under CIN U72900KA2003PTC033042.

Opengear Networks has 2 current directors:

The latest financial statements of Opengear Networks on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Opengear Networks is 29AAACO6461E1ZF, registered in Karnataka.

The CIN (Corporate Identification Number) of Opengear Networks is U72900KA2003PTC033042. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Opengear Networks was incorporated on 18 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.

Narayanan Surya Ramachandran was appointed as Managing Director on 18 Dec 2003. Ramachandran Narayanan was appointed as Director on 18 Dec 2003.

Yes, Opengear Networks is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0091780).

Opengear Networks can be reached through the website opengear.net. Its registered office is in Bangalore, Karnataka, India.

The registered office of Opengear Networks is at No.18 Cr Layout First Cross J.P.Nagar First Phase, Bangalore, Karnataka, India – 560078.