Siveda Networks Private Limited
About Siveda Networks Private Limited
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Siveda Networks Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 31 December 2002.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U07010KA2002PTC031412. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1.75 Cr and a paid-up capital of ₹86 Lakh. It was formerly known as Nitesh Construction Private Limited. It was led by directors Lalgudi Saptharishi Vaidyanathan and Ganapathi Mala Joshy.
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 was at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹18,493, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹99,695 and EBITDA of -₹98,757. Revenue has declined at a compounded annual rate (CAGR) of 71% over five years.
As per MCA filings, the company had satisfied charges of ₹5.5 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
Company details
Contact details
Siveda Networks Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.23/1 1st Floor, 1st Main Vasanth Nagar, Bangalore, Karnataka, India – 560001
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Siveda 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 Siveda Networks is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Siveda Networks Private Limited, buy the company report.
Financials of Siveda Networks Private Limited
FY 2023 filings availableSiveda Networks Private Limited reported revenue of ₹18,493 (down 94% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 71% over five years, including a 94% fall 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
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| EBITDA | -₹98,757 | ||||
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| Net Profit (PAT) | -₹99,695 | ||||
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Financial Ratios
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To see the full financial statements and ratios of Siveda Networks Private Limited, buy the company report.
Board of directors of Siveda Networks Private Limited
Siveda Networks has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalgudi Saptharishi Vaidyanathan Also directs: Satchmo Holdings Limited, Nirpl Ventures Private Limited, Northroof Ventures Private Limited and 4 more | Director | 07 Aug 2007 | 19 Years 3 Months | As last reported |
| Ganapathi Mala Joshy Also directs: Master Components Limited, N G E F Ltd., Orange Self Storage Private Limited and 2 more | Director | 09 Feb 2015 | 11 Years 9 Months | As last reported |
Auditor
Siveda Networks Private Limited is audited by P CHANDRASEKAR LLP for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P CHANDRASEKAR LLP | FY 2020 | 000580S |
Shareholding
The shareholding of Siveda Networks Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Siveda Networks Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jul 2008 | 10114459 | Corporation Bank | ₹5.5 Cr | Satisfied |
To see the full charge records of Siveda Networks Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Siveda Networks Private Limited has 2 court cases on record: 1 filed by Siveda Networks, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Bengaluru | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| District court, Jaipur Metro I, Rajasthan | Civil miscellaneous application | Filed against the company by Jumbo Finvest Ltd. | Disposed |
To see the full case history of Siveda 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 Siveda Networks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Siveda 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 Siveda Networks Private Limited, buy the company report.
Recent activity
Siveda Networks Private Limited has 7 board changes on record since 2007: 2 appointments and 5 cessations. The latest: Raghuveer Iyengar ceased to be Director on 09 Dec 2020.
Frequently asked questions
Siveda Networks has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Siveda Networks was a private limited company based in Bangalore, Karnataka, India. The company worked in general construction services, within the infrastructure and utilities industry. It was incorporated on 31 December 2002 and is registered under CIN U07010KA2002PTC031412. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Siveda Networks was incorporated on 31 December 2002. It is registered with the Registrar of Companies, Bangalore.
Siveda Networks had 2 directors:
- Lalgudi Saptharishi Vaidyanathan - Director
- Ganapathi Mala Joshy - Director
The CIN (Corporate Identification Number) of Siveda Networks is U07010KA2002PTC031412. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Siveda Networks is at No.231 1st Floor, 1st Main Vasanth Nagar, Bangalore, Karnataka, India – 560001.
The latest financial statements of Siveda 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 2015 are in the company report.
No. Siveda Networks has 1 GST registration on record and it is cancelled or inactive.
Siveda Networks operated in the infrastructure and utilities industry, in the general construction services segment.
Siveda Networks has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.
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