Ovel Network System Private Limited

Ovel Network System Private Limited - telecommunication in Pune, Maharashtra, India. Directors, charges & compliance details.
CIN U64200PN2022PTC212624 Incorporated 29 June 2022 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company telecommunication
Data last updated
Revenue · FY 2025
₹34.54 Lakh
▲ 48% YoY
Net profit · FY 2025
₹2.85 Lakh
Net margin 8.3%
EBITDA · FY 2025
₹2.85 Lakh
EBITDA margin 8.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹10,000
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date

About Ovel Network System Private Limited

Data last updated:

Ovel Network System Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the radio and television programmes segment of the telecommunications sector. It was incorporated on 29 June 2022.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U64200PN2022PTC212624.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It is led by directors Vikas Raghunath Govilkar and Tanaji Ashok Polekar.

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 C/O Vikas Raghunath Govilkar Sr No – 36 Sell Petrol Pump Mulshi Pune Bhukum, Maharashtra, India – 412115.

As per the financials filed for FY 2025, the company reported a revenue of ₹34.54 Lakh, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹2.85 Lakh (net margin 8.3%) and EBITDA of ₹2.85 Lakh (EBITDA margin 8.3%).

Company Details of Ovel Network System Private Limited
CIN U64200PN2022PTC212624
Registration Number 212624
Incorporation Date 29 June 2022
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    C/O Vikas Raghunath Govilkar Sr No – 36 Sell Petrol Pump Mulshi Pune Bhukum, Maharashtra, India – 412115
  • Industry
    Telecommunication, Radio And Television Programmes
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Financials, compliance, directors, charges, ownership and filings for Ovel Network System Private Limited in one report.

Financials from FY 2023 Directors & ownership Charges & compliance

Business Activity of Ovel Network System Private Limited

The main business activity of Ovel Network System is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
MProfessional, scientific and technical activities74Other professional, scientific and technical activitiesLocked
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Financials of Ovel Network System Private Limited FY 2025 filings available

Ovel Network System Private Limited reported revenue of ₹34.54 Lakh (up 48% YoY) for FY 2025.

Revenue · FY 2025
₹34.54 Lakh ▲ 48%
Net profit · FY 2025
₹2.85 Lakh margin 8.3%
EBITDA · FY 2025
₹2.85 Lakh margin 8.3%

Compounded Annual Growth Rate (CAGR) of Ovel Network System Private Limited

Revenue CAGR growth
1 year
▲ 48%
EBITDA CAGR growth
1 year
▲ 209%

Revenue rose 48% in the latest year. EBITDA rose 209% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Ovel Network System Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23
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₹2.85 Lakh••••••••
Profit Before Tax••••••••••••
Tax Expense••••••••••••
Net Profit (PAT)₹2.85 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 Ovel Network System Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23
Profitability
EBITDA Margin8.3%••••••••
Net Profit Margin8.3%••••••••
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 Ovel Network System are in the company report.

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Financial statements from FY 2023

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Peer Comparison of Ovel Network System Private Limited

Ovel Network System Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical activities). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Fiasci Design Private Limited₹34.58 Lakh (FY 2025)••••••••-38.0%••••Gujarat, India
Ab Mobile Services Alliance India Private Limited₹34.58 Lakh (FY 2025)••••••••-75.0%••••Delhi, India
Cohere-Med Technologies Private Limited₹34.58 Lakh (FY 2024)••••••••261.0%••••Bangalore, Karnataka, India
Inspijet Aviation Training and Consultant (OPC) Private Limited₹34.56 Lakh (FY 2025)••••••••148.0%••••Lucknow, Uttar Pradesh, India
Agnificent Platform Technologies (India) Private Limited₹34.55 Lakh (FY 2025)••••••••46.0%••••New Delhi, Delhi, India
Ovel Network System Private Limited this company₹34.54 Lakh (FY 2025)••••••••48.0%••••Pune, Maharashtra, India
Greenverz Solutions Private Limited₹34.54 Lakh (FY 2025)••••••••60.0%••••Bangalore, Karnataka, India
Crownglobe Private Limited₹34.54 Lakh (FY 2025)••••••••221.0%••••Ahmedabad, Gujarat, India
Eight MM Films Private Limited₹34.53 Lakh (FY 2025)••••••••-54.0%••••Mumbai, Maharashtra, India
Secondinsight IT Services Private Limited₹34.52 Lakh (FY 2025)••••••••-17.0%••••Hyderabad, Telangana, India
Athenaeum Scientific Publishers (OPC) Private Limited₹34.51 Lakh (FY 2025)••••••••19.0%••••Zirakpur, Mohali, Punjab, India

Peers are the five companies nearest above and the five nearest below Ovel Network System by revenue in the same principal business activity (Other professional, scientific and technical activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Board of Directors of Ovel Network System Private Limited

Ovel Network System has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Vikas Raghunath GovilkarDirector29 Jun 20224 Years 3 MonthsCurrent
Tanaji Ashok PolekarDirector29 Jun 20224 Years 3 MonthsCurrent

Charges & Borrowings of Ovel Network System Private Limited

Ovel Network System Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Ovel Network System Private Limited

Employment history and EPFO contributions of people linked to Ovel Network System.

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Employee and EPFO history

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Recent Activity on Ovel Network System Private Limited

Ovel Network System Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Tanaji Ashok Polekar was appointed as Director on 29 Jun 2022.

AGM
Ovel Network System Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ovel Network System Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Appointed
Tanaji Ashok Polekar was appointed as Director.
Appointed
Vikas Raghunath Govilkar was appointed as Director.
Incorporation
29 Jun 2022
Ovel Network System Private Limited was registered on 29 Jun 2022 with Roc Pune & aged 4 years 3 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Ovel Network System Private Limited

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MSME Payment Delays by Ovel Network System Private Limited

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MSME payment history

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Subsidiaries & Group Companies of Ovel Network System Private Limited

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GST Compliance of Ovel Network System Private Limited

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MCA Filings & Documents of Ovel Network System Private Limited

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Frequently Asked Questions about Ovel Network System Private Limited

Ovel Network System is an active private limited company based in Pune, Maharashtra, India. The company works in radio and television programmes, within the telecommunication industry. It was incorporated on 29 June 2022 (4+ years old) and is registered under CIN U64200PN2022PTC212624.

Ovel Network System reported revenue of ₹34.54 Lakh for FY 2025 (up 48% YoY).

Ovel Network System has 2 current directors:

Ovel Network System reported a net profit of ₹2.85 Lakh (net margin 8.3%) and EBITDA of ₹2.85 Lakh (EBITDA margin 8.3%) for FY 2025, as per its filed financial statements.

The CIN (Corporate Identification Number) of Ovel Network System is U64200PN2022PTC212624. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ovel Network System was incorporated on 29 June 2022, making it 4+ years old. It is registered with the Registrar of Companies, Pune.

The peers of Ovel Network System by revenue are Fiasci Design Private Limited, Ab Mobile Services Alliance India Private Limited, Cohere-Med Technologies Private Limited, Inspijet Aviation Training and Consultant (OPC) Private Limited, Agnificent Platform Technologies (India) Private Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).

Tanaji Ashok Polekar was appointed as Director on 29 Jun 2022. Vikas Raghunath Govilkar was appointed as Director on 29 Jun 2022.

The registered office of Ovel Network System is at CO Vikas Raghunath Govilkar Sr No – 36 Sell Petrol Pump Mulshi Pune Bhukum, Maharashtra, India – 412115.

Ovel Network System has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000.

Ovel Network System operates in the telecommunication industry, in the radio and television programmes segment.

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