About Snet Networks Private Limited
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Snet Networks Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT services segment of the services sector. It was incorporated on 18 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2015PTC267550. Its GSTIN is 27AAWCS0987P1Z3 (Maharashtra).
The company has an authorised share capital of ₹1.21 Cr and a paid-up capital of ₹1.21 Cr. It is led by directors Vipul Rameshchandra Doshi and Rajesh Nagendra Singh.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.94 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net loss of ₹62.72 Lakh (net margin -7.9%) and EBITDA of -₹36.21 Lakh (EBITDA margin -4.6%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 8% over five years.
The company is associated with 1 brand: SNET Networks. As per MCA filings, the company has open charges of ₹6 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website snetnetworks.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressD – 6 Nav Varsh Co. Op. Hsg Society Plot No. 58 Gorai Sector – 1 Borivali W, Est, Mumbai, Maharashtra, India – 400091
- IndustryService, Information Technology Services
- 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
- One PDF report, delivered after checkout
Associated Brands with Snet Networks Private Limited
Snet Networks operates one associated brand: SNET Networks. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| High-speed broadband provider offering internet plans for households and corporate needs in Mumbai. | snetnetworks.com |
Business Activity of Snet Networks Private Limited
The main business activity of Snet Networks is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Snet Networks Private Limited FY 2025 filings available
Snet Networks Private Limited reported revenue of ₹7.94 Cr (down 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Snet Networks Private Limited
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 144% 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 of Snet Networks Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹36.21 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹62.72 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 Snet Networks Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -7.9% | •••• | •••• | •••• | •••• |
| 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 Snet Networks are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Snet Networks Private Limited
Snet Networks has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipul Rameshchandra Doshi Also directs: Unique Cable TV Network LLP, Sandhya Developers VJK LLP, Taramati Sandhya Developers LLP and 5 more | Director | 18 Aug 2015 | 11 Years 2 Months | Current |
| Rajesh Nagendra Singh | Director | 17 Jul 2018 | 8 Years 3 Months | Current |
Peer Comparison of Snet Networks Private Limited
Snet Networks Private Limited is compared with the companies closest to it by revenue in the Telecom industry (Landline ISP and Broadband). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| CSC Wi-Fi Choupal Services India Private Limited | ₹8.32 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | New Delhi, Delhi, India |
| RVR Digital Infrastructures Limited | ₹8.07 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Hyderabad, Telangana, India |
| Digiway Net Private Limited | ₹8.02 Cr (FY 2024) | •••• | •••• | 41.0% | •••• | Kanpur, Uttar Pradesh, India |
| Megatel Networks Private Limited | ₹7.98 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Delhi, India |
| JPR Digital Private Limited | ₹7.95 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
| Snet Networks Private Limited this company | ₹7.94 Cr (FY 2024) | •••• | •••• | -12.0% | •••• | Mumbai, Maharashtra, India |
| Aeronet Online Services Private Limited | ₹7.83 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Hyderabad, Telangana, India |
| Canara Star Communications Private Limited | ₹7.82 Cr (FY 2016) | •••• | •••• | -63.0% | •••• | Mangalore, Karnataka, India |
| Plusnet Communication Private Limited | ₹7.79 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | Rajkot, Gujarat, India |
| Bigventures Media Private Limited | ₹7.75 Cr (FY 2024) | •••• | •••• | 67.0% | •••• | Mumbai, Maharashtra, India |
| Spiderlink Techno Private Limited | ₹7.71 Cr (FY 2024) | •••• | •••• | 146.0% | •••• | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Snet Networks by revenue in the Telecom industry (Landline ISP and Broadband), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Snet Networks Private Limited
Snet Networks Private Limited is audited by DMKH & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DMKH & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Snet Networks Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Snet Networks Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Aug 2024 | Canara Bank | ₹6 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Snet Networks Private Limited
Employment history and EPFO contributions of people linked to Snet Networks.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Snet Networks Private Limited
Snet Networks Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Rajesh Nagendra Singh was appointed as Director on 17 Jul 2018.
Credit Ratings, Litigation & Regulatory Alerts for Snet Networks Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Snet Networks Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Snet Networks Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Snet Networks Private Limited
Snet Networks has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAWCS0987P1Z3 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Snet Networks Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Snet Networks Private Limited
Snet Networks is an active private limited company based in Mumbai, Maharashtra, India. The company works in information technology services, within the service industry. It was incorporated on 18 August 2015 (11+ years old) and is registered under CIN U74120MH2015PTC267550.
Snet Networks reported revenue of ₹7.94 Cr for FY 2024 (down 12% YoY).
Snet Networks has 2 current directors:
- Vipul Rameshchandra Doshi - Director
- Rajesh Nagendra Singh - Director
Snet Networks reported a net loss of ₹62.72 Lakh (net margin -7.9%) and EBITDA of -₹36.21 Lakh (EBITDA margin -4.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Snet Networks is -2% over three years and 8% over five years. In the latest year (FY 2024) revenue fell 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Snet Networks is 27AAWCS0987P1Z3, registered in Maharashtra.
The CIN (Corporate Identification Number) of Snet Networks is U74120MH2015PTC267550. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Snet Networks was incorporated on 18 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Snet Networks by revenue are CSC Wi-Fi Choupal Services India Private Limited, RVR Digital Infrastructures Limited, Digiway Net Private Limited, Megatel Networks Private Limited, JPR Digital Private Limited and 5 more, all in the Telecom industry (Landline ISP and Broadband).
Rajesh Nagendra Singh was appointed as Director on 17 Jul 2018. Sandhya Vipul Doshi ceased to be Director on 17 Jul 2018. Vipul Rameshchandra Doshi was appointed as Director on 18 Aug 2015.
Snet Networks can be reached through the website snetnetworks.com. Its registered office is in Mumbai, Maharashtra, India.