Speed Net Communication Private Limited

Speed Net Communication Private Limited - service in Raxaul, Bihar, India. FY 2026 financials & compliance.
CIN U72300BR2015PTC023914 Incorporated 24 March 2015 ROC Patna HQ Raxaul, Bihar, India
Active Private Limited Company service MSME · Micro
Data last updated
Revenue · FY 2019
₹9.61 Lakh
▼ 14% YoY
Net profit · FY 2019
₹6,490
Net margin 0.7%
EBITDA · FY 2019
₹9,190
EBITDA margin 1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
GST registrations
1
None active

About Speed Net Communication Private Limited

Data last updated:

Speed Net Communication Private Limited is a private limited company based in Raxaul, Bihar, India. It operates in the IT services segment of the services sector. It was incorporated on 24 March 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Patna, under CIN U72300BR2015PTC023914. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mukesh Kumar Sharma and Ranjit Mehta Kumar.

Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Tumariya Tola Ward No – 5, Raxaul, Bihar, India – 845305.

As per the financials filed for FY 2019, the company reported a revenue of ₹9.61 Lakh, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹6,490 (net margin 0.7%) and EBITDA of ₹9,190 (EBITDA margin 1%).

Speed Net Communication Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-BR-11-0003815). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U72300BR2015PTC023914
Registration Number 023914
Incorporation Date 24 March 2015
ROC Patna
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-BR-11-0003815

Recognitions & Rankings of Speed Net Communication

MSME (Udyam registered) Ministry of MSME
Category
Micro (2020-21)
Udyam number
UDYAM-BR-11-0003815

Contact details

Speed Net Communication Private Limited's registered office is in Raxaul, Bihar. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Tumariya Tola Ward No – 5, Raxaul, Bihar, India – 845305
  • Industry
    Service, Information Technology Services

To see the full contact details of Speed Net Communication Private Limited, buy the company report.

Comprehensive company report
Speed Net Communication 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 Speed Net Communication is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Speed Net Communication Private Limited, buy the company report.

Financials of Speed Net Communication Private Limited

FY 2019 filings available

Speed Net Communication Private Limited reported revenue of ₹9.61 Lakh (down 14% YoY) for FY 2019.

Revenue · FY 2019
₹9.61 Lakh ▼ 14%
Net profit · FY 2019
₹6,490 margin 0.7%
EBITDA · FY 2019
₹9,190 margin 1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 14%
EBITDA CAGR growth
1 year
▼ 51%

Revenue fell 14% in the latest year. EBITDA fell 51% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
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₹9,190
Profit Before Tax
Tax Expense
Net Profit (PAT)₹6,490
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

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin1%
Net Profit Margin0.7%
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

To see the full financial statements and ratios of Speed Net Communication Private Limited, buy the company report.

Board of directors of Speed Net Communication Private Limited

Speed Net Communication has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Mukesh Kumar SharmaDirector24 Mar 201511 Years 6 MonthsCurrent
Ranjit Mehta KumarDirector24 Mar 201511 Years 6 MonthsCurrent

Peer comparison

Speed Net Communication Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Medvents Conferences & Events Private Limited₹9.62 Lakh (FY 2015)11.0%Pune, Maharashtra, India
Digisure Solutions (OPC) Private Limited₹9.62 Lakh (FY 2025)489.0%Delhi, India
Staygeeks Digital Private Limited₹9.61 Lakh (FY 2022)New Delhi, Delhi, India
Royale Cheese Private Limited₹9.61 Lakh (FY 2017)84.0%Bangalore, Karnataka, India
Appister Digital Private Limited₹9.61 Lakh (FY 2019)590.0%Agra, Uttar Pradesh, India
Speed Net Communication Private Limitedthis company₹9.61 Lakh (FY 2019)₹6,4900.7%-14.0%Raxaul, Bihar, India
Asynchio Private Limited₹9.6 Lakh (FY 2024)-64.0%Mangalore, Karnataka, India
Abhiman Amazing Private Limited₹9.6 Lakh (FY 2024)16.0%Patna, Bihar, India
It-Hub Info Solution & Edupoint Private Limited₹9.6 Lakh (FY 2019)454.0%Jalgaon, Maharashtra, India
Fastkeys Technologies India Private Limited₹9.59 Lakh (FY 2017)-4.0%Bangalore, Karnataka, India
Ding Dong Tech Private Limited₹9.59 Lakh (FY 2017)47.0%Greater Noida, Uttar Pradesh, India

To see the full peer comparison of Speed Net Communication Private Limited, buy the company report.

Auditor

Speed Net Communication Private Limited is audited by DEEPAK JALAN for the financial year 2016.

Auditor firmFinancial yearFirm registration number
DEEPAK JALANFY 2016527259

Shareholding

The shareholding of Speed Net Communication Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Speed Net Communication Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Speed Net Communication Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Speed Net Communication has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Speed Net Communication Private Limited, buy the company report.

Recent activity

Speed Net Communication Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Mukesh Kumar Sharma was appointed as Director on 24 Mar 2015.

AGM
Speed Net Communication Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Filing
Speed Net Communication Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Patna.
Appointed
Mukesh Kumar Sharma was appointed as Director.
Appointed
Ranjit Mehta Kumar was appointed as Director.
Incorporation
24 Mar 2015
Speed Net Communication Private Limited was registered on 24 Mar 2015 with Roc Patna & aged 11 years 7 months as per MCA records.

Frequently asked questions

Speed Net Communication is an active private limited company based in Raxaul, Bihar, India. The company works in information technology services, within the service industry. It was incorporated on 24 March 2015 (11+ years old) and is registered under CIN U72300BR2015PTC023914.

Speed Net Communication has 2 current directors:

The latest financial statements of Speed Net Communication on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.

No. Speed Net Communication has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Speed Net Communication is U72300BR2015PTC023914. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Speed Net Communication was incorporated on 24 March 2015, making it 11+ years old. It is registered with the Registrar of Companies, Patna.

The peers of Speed Net Communication by revenue are Medvents Conferences & Events Private Limited, Digisure Solutions (OPC) Private Limited, Staygeeks Digital Private Limited, Royale Cheese Private Limited, Appister Digital Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).

Mukesh Kumar Sharma was appointed as Director on 24 Mar 2015. Ranjit Mehta Kumar was appointed as Director on 24 Mar 2015.

Yes, Speed Net Communication is registered as a micro enterprise under Udyam registration (number: UDYAM-BR-11-0003815).

The registered office of Speed Net Communication is at Tumariya Tola Ward No – 5, Raxaul, Bihar, India – 845305.

Speed Net Communication operates in the service industry, in the information technology services segment.