Reddy Business Network Foundation - Company Profile

It is a internet private not for profit company based in Hyderabad, Telangana, India, established in 2017.
2017 Hyderabad, Telangana, India Active
Last Updated:
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About Reddy Business Network Foundation

Reddy Business Network Foundation, a active private not for profit company, was established on 06 December 2017 in Hyderabad, Telangana, India. Engaging in online service marketplaces within the personal and household service sector, it holds CIN: U74999TG2017NPL121035. Registered under ROC Roc Hyderabad. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.50 M.

It upholds a compliant status. Its leadership includes Vinitreddy Kolanu (Additional Director), Venkateshwara Reddy Kolanu (Director). Past directors included Anantha Reddy Pati. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 2-2-116/7/9/A New Nallakunta,Tilak Nagar, Hyderabad, Telangana, 500044.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U74999TG2017NPL121035

  • Registration Number

    121035

  • Incorporation Date

    06 December 2017

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.50 M

  • ROC Code

    Roc Hyderabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 8 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** %
  • Profit Growth **** -11075.35%
  • Ebitda **** -1751.30%
  • Net Worth -86.67%
  • Total Assets -66.18%
Company report

Reddy Business Network Foundation

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Reddy Business Network Foundation — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Reddy Business Network Foundation?
Current Directors
Name Designation Appointment Date Status
Vinitreddy Kolanu Additional Director 26 Aug 2022 Current
Venkateshwara Reddy Kolanu Director 06 Dec 2017 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 26 Aug 2022 Past

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Financial Performance of Reddy Business Network Foundation.

Reddy Business Network Foundation, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 11075.35% decrease in profit. The company's net worth observed a substantial decline by a decrease of 86.67%.

Reddy Business Network Foundation revenue growth over time
Reddy Business Network Foundation profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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*******
*******
*******
*******
*******
Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 -66.18%
*******
*******
*******
*******
Profit or Loss
*******
 -11075.35%
*******
*******
*******
*******
Net Worth
*******
 -86.67%
*******
*******
*******
*******
EBITDA
*******
 -1751.30%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Reddy Business Network Foundation?

In 2019, Reddy Business Network Foundation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Reddy Business Network Foundation?

Unlock and access historical data on people associated with Reddy Business Network Foundation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Reddy Business Network Foundation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Reddy Business Network Foundation's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
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Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Reddy Business Network Foundation
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Reddy Business Network Foundation last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Reddy Business Network Foundation has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad. was documented.

  • Director Appointment

    Vinitreddy Kolanu was appointed as a Additional Director was appointed as a Additional Director on 26 Aug 2022 & has been associated with this company since 3 years 6 months . was recorded as a recent event.

  • Director Appointment

    The activity Venkateshwara Reddy Kolanu was appointed as a Director was appointed as a Director on 06 Dec 2017 & has been associated with this company since 8 years 2 months . was completed.

  • Company Incorporation

    Progress on Reddy Business Network Foundation was registered on 06 Dec 2017 with Roc Hyderabad & aged 8 years 2 months as per MCA records. was documented.

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Frequently Asked Questions
What is the CIN of Reddy Business Network Foundation?

The CIN of Reddy Business Network Foundation is U74999TG2017NPL121035.

Where is Reddy Business Network Foundation headquartered?

Reddy Business Network Foundation is headquartered at 2-2-116/7/9/A New Nallakunta,Tilak Nagar, Hyderabad, Telangana, 500044.

When was Reddy Business Network Foundation incorporated?

Reddy Business Network Foundation was incorporated on 06 December 2017.

Who are the current directors of Reddy Business Network Foundation?

The current directors of Reddy Business Network Foundation are

What is the primary industry of Reddy Business Network Foundation?

The primary industry of Reddy Business Network Foundation is Personal And Household Service.

Is Reddy Business Network Foundation a listed company?

Reddy Business Network Foundation is unlisted.

What is the capital structure of Reddy Business Network Foundation?

The authorized capital of Reddy Business Network Foundation is ₹1.00 M, and the paid-up capital is ₹0.50 M.

What is the compliance status of Reddy Business Network Foundation?

The compliance status of Reddy Business Network Foundation is Compliant.

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