O-Zone Networks Private Limited
About O-Zone Networks Private Limited
Data last updated:
O-Zone Networks Private Limited is a private limited company based in Delhi, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the telecom network support segment of the telecommunications sector. It was incorporated on 01 August 2007.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72300DL2007PTC166507. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹21.64 Lakh. It is led by directors including Sanjeev Kumar Sarin (Managing Director) and Saurabh Vatsa.
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 is at 91 Springboard E – 43/1 Okhla Industrial Area Phase – 2, Delhi, India – 110020.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.25 Cr, a decline of 84% compared to the previous year. For the same year it recorded a net loss of ₹3.01 Cr (net margin -241.3%) and EBITDA of -₹2.42 Cr (EBITDA margin -193.6%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years.
The company has about 73 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹4.5 Cr on record. Court records list 48 cases involving the company, including 5 filed by the company and 43 filed against it; 3 cases are pending. The company has 5 deals on record (3 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹39.72 Cr; the latest was in February 2019. Its 4 peer companies in the Telecom industry (Network Support Services), with the same principal business activity (wired, wireless or satellite telecommunication activities) are compared by revenue, 2 larger and 2 smaller; the largest is Live Fibernet Service Private Limited with revenue of ₹1.32 Cr.
Company details
Contact details
O-Zone Networks Private Limited's registered office is in Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered Address91 Springboard E – 43/1 Okhla Industrial Area Phase – 2, Delhi, India – 110020
- IndustryTelecom, Telecom Network Support
To see the full contact details of O-Zone Networks 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
Business activity
The main business activity of O-Zone Networks is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities |
To see the full business activity and turnover split of O-Zone Networks Private Limited, buy the company report.
Financials of O-Zone Networks Private Limited
FY 2018 filings availableO-Zone Networks Private Limited reported revenue of ₹1.25 Cr (down 84% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 24% over three years, including a 84% fall in the latest year. EBITDA rose 83% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹1.25 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹2.42 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹3.01 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
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| Trade Payables | ||||
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| Investments | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -193.6% | |||
| Net Profit Margin | -241.3% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of O-Zone Networks Private Limited, buy the company report.
Board of directors of O-Zone Networks Private Limited
O-Zone Networks has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurabh Vatsa Also directs: Gk91 Global Private Limited | Director | 18 Sep 2008 | 18 Years 1 Months | As last reported |
| Sanjeev Kumar Sarin Also directs: Mcura Healthcare Solutions Private Limited | Managing Director | 05 Dec 2007 | 18 Years 10 Months | As last reported |
| Viksit Arora | Director | 18 Sep 2008 | 18 Years 1 Months | As last reported |
Peer comparison
O-Zone Networks Private Limited is compared with the 4 companies closest to it by revenue in the Telecom industry (Network Support Services), with the same principal business activity (wired, wireless or satellite telecommunication activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Live Fibernet Service Private Limited | ₹1.32 Cr (FY 2024) | 22.0% | Tirupur, Tamil Nadu, India | |||
| Saksham Telecom Private Limited | ₹1.26 Cr (FY 2024) | -1.0% | Bawal, Haryana, India | |||
| O-Zone Networks Private Limitedthis company | ₹1.25 Cr (FY 2018) | -₹3.01 Cr | -241.3% | -84.0% | 73 | Delhi, India |
| V-Fibernet India Private Limited | ₹1.21 Cr (FY 2024) | -13.0% | Bangalore, Karnataka, India | |||
| Panmetro Convergence Private Limited | ₹1.19 Cr (FY 2022) | 424.0% | Kolkata, West Bengal, India |
To see the full peer comparison of O-Zone Networks Private Limited, buy the company report.
Auditor
O-Zone Networks Private Limited is audited by PREETI KHANDELWAL & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PREETI KHANDELWAL & ASSOCIATES | FY 2018 | 018261C |
Shareholding
The shareholding of O-Zone Networks Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of O-Zone Networks Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jul 2015 | 10588724 | The Hongkong and Shanghai Banking Corporation Limited | ₹4.5 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
O-Zone Networks Private Limited has 5 deals on record (3 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹39.72 Cr; the latest was in February 2019.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2019 | Rights issue | ₹18.5 Lakh | Investors: an individual |
| Jun 2012 | Secondary share transfer | Undisclosed | Buyer: Ozone Employees Stock Option Trust, 2 individuals Seller: 2 individuals |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Ozone Employees Stock Option Trust Seller: an individual |
| Apr 2008 | Funding round | ₹39.72 Cr | Investors: Al Telecom Holdings (India) Limited |
| Apr 2008 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
O-Zone Networks Private Limited has 48 court cases on record: 5 filed by O-Zone Networks, 43 filed against it. 3 cases are pending and 45 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 39 | 36 | 3 |
| District courts | 8 | 7 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 48)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (NMCD) | Filed against the company by GTM Teleshopping Private Limited | Pending |
| Bombay High Court | Court case (CHSCD) | Filed against the company by GTM Teleshopping Private Limited | Pending |
| Bombay High Court | Court case (COMIP) | Filed against the company by GTM Teleshopping Private Limited | Pending |
| Bombay High Court | Court case (NMCD) | Filed against the company by GTM Teleshopping Private Limited | Disposed |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed against the company by Ga2 Pictures LLP | Disposed |
To see the full case history of O-Zone Networks 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 O-Zone Networks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
O-Zone Networks has 1 subsidiary company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Ilemon Mobility Solutions Private Limited | U72900DL2010PTC198117 |
To see the full group structure of O-Zone Networks Private Limited, buy the company report.
Employees & EPFO
O-Zone Networks Private Limited has a workforce of 73 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
O-Zone Networks 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 O-Zone Networks Private Limited, buy the company report.
Recent activity
O-Zone Networks Private Limited has 12 board changes on record since 2007: 3 appointments and 9 cessations. The latest: Sakate Khaitan ceased to be Director on 24 Mar 2017.
4 earlier events are in the company report.
Frequently asked questions
O-Zone Networks is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
O-Zone Networks is a company under liquidation, formerly operating as a private limited company based in Delhi, India. The company works in telecom network support, within the telecom industry. It was incorporated on 01 August 2007 and is registered under CIN U72300DL2007PTC166507. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
O-Zone Networks has 3 current directors:
- Sanjeev Kumar Sarin - Managing Director
- Saurabh Vatsa - Director
- Viksit Arora - Director
The latest financial statements of O-Zone Networks 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.
The CIN (Corporate Identification Number) of O-Zone Networks is U72300DL2007PTC166507. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
O-Zone Networks has open charges of ₹4.5 Cr and no satisfied charges on record as per latest MCA filings.
O-Zone Networks has 48 court cases on record: 5 filed by the company and 43 filed against it. 3 are pending. Most are in the high courts.
O-Zone Networks was incorporated on 01 August 2007. It is registered with the Registrar of Companies, Delhi.
O-Zone Networks has 5 deals on record (3 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹39.72 Cr; the latest was in February 2019.
The peers of O-Zone Networks by revenue are Live Fibernet Service Private Limited, Saksham Telecom Private Limited, V-Fibernet India Private Limited, Panmetro Convergence Private Limited, all in the Telecom industry (Network Support Services), with the same principal business activity (wired, wireless or satellite telecommunication activities).
Sakate Khaitan ceased to be Director on 24 Mar 2017. Hermann Siegfried Jorg Mohaupt ceased to be Nominee Director on 09 Jan 2014. Jean Daniel Fouchard ceased to be Nominee Director on 16 May 2011. O-Zone Networks has 12 board changes on record in total.