MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0074337
Sage Networks Private Limited
Sage Networks Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹54.27 Lakh
▼ 19% YoY
Net loss · FY 2023
₹1.64 Lakh
Net margin -3%
EBITDA · FY 2023
-₹1.3 Lakh
EBITDA margin -2.4%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹40,000
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Sage Networks Private Limited
Data last updated:
Sage Networks Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 05 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2017PTC102834. Its GSTIN is 29AAYCS6254K1ZB (Karnataka).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹40,000. It is led by directors Jenipher Augustine Mark and Somashekara Ashwathnarayan.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No 607 17th B Cross Indiranagar 2nd Stage, Bangalore, Karnataka, India – 560038.
As per the financials filed for FY 2023, the company reported a revenue of ₹54.27 Lakh, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹1.64 Lakh (net margin -3%) and EBITDA of -₹1.3 Lakh (EBITDA margin -2.4%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years.
Court records list 2 cases involving the company, including 2 filed by the company.
Sage Networks Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0074337). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U72900KA2017PTC102834
Registration Number 102834
Incorporation Date 05 May 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0074337
Recognitions & Rankings of Sage Networks
Contact details
Sage Networks Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Social Media
- Registered AddressNo 607 17th B Cross Indiranagar 2nd Stage, Bangalore, Karnataka, India – 560038
- IndustryInformation Technology, Other Computer Related Activities
To see the full contact details of Sage Networks Private Limited, buy the company report.
Comprehensive company report
Sage 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Sage Networks is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Sage Networks Private Limited, buy the company report.
Financials of Sage Networks Private Limited
FY 2023 filings availableSage Networks Private Limited reported revenue of ₹54.27 Lakh (down 19% YoY) for FY 2023.
Revenue · FY 2023
₹54.27 Lakh ▼ 19%
Net loss · FY 2023
₹1.64 Lakh margin -3%
EBITDA · FY 2023
-₹1.3 Lakh margin -2.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 19%
3 years · compounded
▼ 12%
EBITDA CAGR growth
1 year
▼ 147%
3 years · compounded
▼ 34%
5 years · compounded
▼ 25%
Revenue has declined at a compounded annual rate (CAGR) of 12% over three years, including a 19% fall in the latest year. EBITDA fell 147% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹1.3 Lakh | ||||
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| Net Profit (PAT) | -₹1.64 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -2.4% | ||||
| Net Profit Margin | -3% | ||||
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To see the full financial statements and ratios of Sage Networks Private Limited, buy the company report.
Board of directors of Sage Networks Private Limited
Sage Networks has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jenipher Augustine Mark | Director | 05 May 2017 | 9 Years 5 Months | Current |
| Somashekara Ashwathnarayan | Director | 05 May 2017 | 9 Years 5 Months | Current |
Peer comparison
Sage Networks Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Andaman & Nicobar Mineral Water Private Limited | ₹54.28 Lakh (FY 2020) | -41.0% | Port Blair, Andaman and Nicobar Islands, India | |||
| Orange Daily Stores Private Limited | ₹54.28 Lakh (FY 2018) | -20.0% | Coimbatore, Tamil Nadu, India | |||
| Doda Narmada Mahila Kisaan Producer Company Limited | ₹54.27 Lakh (FY 2025) | 83.0% | Ghoradongri, Madhya Pradesh, India | |||
| Devrajan Beverages Private Limited | ₹54.27 Lakh (FY 2022) | 50.0% | Jaunpur, Uttar Pradesh, India | |||
| Nutfruit Trading Private Limited | ₹54.27 Lakh (FY 2018) | 20069.0% | Ernakulam, Kerala, India | |||
| Sage Networks Private Limitedthis company | ₹54.27 Lakh (FY 2023) | -₹1.64 Lakh | -3% | -19.0% | Bangalore, Karnataka, India | |
| Knescopic Electronics Private Limited | ₹54.27 Lakh (FY 2024) | -67.0% | Kolkata, West Bengal, India | |||
| Rengersol Private Limited | ₹54.25 Lakh (FY 2024) | 307.0% | Faridabad, Haryana, India | |||
| Avanish Retail Private Limited | ₹54.25 Lakh (FY 2024) | 35.0% | Perundurai, Tamil Nadu, India | |||
| Grey Hangers Private Limited | ₹54.24 Lakh (FY 2020) | Mumbai, Maharashtra, India | ||||
| Justoriginals Retail Private Limited | ₹54.23 Lakh (FY 2023) | -52.0% | Ghaziabad, Uttar Pradesh, India |
To see the full peer comparison of Sage Networks Private Limited, buy the company report.
Legal cases
Sage Networks Private Limited has 2 court cases on record: 2 filed by Sage Networks. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Sage 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 Sage Networks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sage Networks has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAYCS6254K1ZB | Karnataka | Active | 23 Apr 2018 |
To see the full GST registrations and return filing status of Sage Networks Private Limited, buy the company report.
Recent activity
Sage Networks Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Jenipher Augustine Mark was appointed as Director on 05 May 2017.
AGM
Sage Networks Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Sage Networks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Appointed
Jenipher Augustine Mark was appointed as Director.
Appointed
Somashekara Ashwathnarayan was appointed as Director.
Incorporation
05 May 2017
Sage Networks Private Limited was registered on 05 May 2017 with Roc Bangalore & aged 9 years 5 months as per MCA records.
Frequently asked questions
Sage Networks is an active private limited company based in Bangalore, Karnataka, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 05 May 2017 (9+ years old) and is registered under CIN U72900KA2017PTC102834.
Sage Networks has 2 current directors:
- Jenipher Augustine Mark - Director
- Somashekara Ashwathnarayan - Director
The latest financial statements of Sage Networks on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Sage Networks is 29AAYCS6254K1ZB, registered in Karnataka.
The CIN (Corporate Identification Number) of Sage Networks is U72900KA2017PTC102834. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sage Networks has 2 court cases on record: 2 filed by the company.
Sage Networks was incorporated on 05 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Sage Networks by revenue are Andaman & Nicobar Mineral Water Private Limited, Orange Daily Stores Private Limited, Doda Narmada Mahila Kisaan Producer Company Limited, Devrajan Beverages Private Limited, Nutfruit Trading Private Limited and 5 more, all in the same principal business activity (retail trading).
Jenipher Augustine Mark was appointed as Director on 05 May 2017. Somashekara Ashwathnarayan was appointed as Director on 05 May 2017.
Yes, Sage Networks is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0074337).
The registered office of Sage Networks is at No 607 17th B Cross Indiranagar 2nd Stage, Bangalore, Karnataka, India – 560038.