About Joister Infoserve Private Limited
Data last updated:
Joister Infoserve Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the isp and broadband services segment of the telecommunications sector. It was incorporated on 01 July 2005.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U30007MH2005PTC154396. Its GSTIN is 27AAJCS2264E2ZC (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.33 Cr. It was formerly known as Syscon Infoway Private Limited. It is led by directors including Nikunj Prabodh Kampani and Garima Diggiwal (Irp/Rp/Liquidator).
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 Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹23.1 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹4.61 Cr (net margin -19.9%) and EBITDA of -₹3.62 Cr (EBITDA margin -15.7%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 14% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹16.36 Cr and satisfied charges of ₹13.84 Cr on record. Court records list 556 cases involving the company, including 17 filed by the company and 539 filed against it; 47 cases are pending.
The last known website on record is mail.joister.net.
Company details
Contact details
Joister Infoserve Private Limited's registered office is in Mumbai, Maharashtra. Its website is mail.joister.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGala No.136 Shiv Shakti Industrial Estate Opp. Mittal Ind Estate Andheri – Kurla Road A, Ndheri – E, Mumbai, Maharashtra, India – 400059
- IndustryTelecom, ISP & Broadband Services
To see the full contact details of Joister Infoserve 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 Joister Infoserve 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 Joister Infoserve Private Limited, buy the company report.
Financials of Joister Infoserve Private Limited
FY 2023 filings availableJoister Infoserve Private Limited reported revenue of ₹23.1 Cr (down 27% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 27% fall in the latest year. EBITDA rose 63% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹23.1 Cr | ||||
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| EBITDA | -₹3.62 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹4.61 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -15.7% | ||||
| Net Profit Margin | -19.9% | ||||
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To see the full financial statements and ratios of Joister Infoserve Private Limited, buy the company report.
Board of directors of Joister Infoserve Private Limited
Joister Infoserve has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikunj Prabodh Kampani | Director | 01 Jul 2005 | 21 Years 3 Months | As last reported |
| Garima Diggiwal | Irp/Rp/Liquidator | 24 Jun 2024 | 2 Years 4 Months | As last reported |
| Aniket Satpute Rangrao Also directs: Joister Infomedia Private Limited | Additional Director | 15 Mar 2019 | 7 Years 7 Months | As last reported |
Peer comparison
Joister Infoserve Private Limited is compared with the 5 companies closest to it by revenue in the Telecom industry (Landline ISP and Broadband), with the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ibus Technologies Private Limited | ₹23.22 Cr (FY 2025) | 8.0% | Chennai, Tamil Nadu, India | |||
| Joister Infoserve Private Limitedthis company | ₹23.1 Cr (FY 2023) | -₹4.61 Cr | -19.9% | -27.0% | 13 | Mumbai, Maharashtra, India |
| Ubiqcom India Private Limited | ₹22.87 Cr (FY 2025) | 10.0% | Noida, Uttar Pradesh, India | |||
| Pulse Telesystems Private Limited | ₹22.71 Cr (FY 2023) | 15.0% | Chennai, Tamil Nadu, India | |||
| Sistema Smart Technologies Limited | ₹22.49 Cr (FY 2025) | -14.0% | Jaipur, Rajasthan, India | |||
| Dna Infotel Private Limited | ₹22.24 Cr (FY 2024) | 13.0% | Vasai, Maharashtra, India |
To see the full peer comparison of Joister Infoserve Private Limited, buy the company report.
Auditor
Joister Infoserve Private Limited is audited by MANISH P. JAIN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANISH P. JAIN & ASSOCIATES | FY 2023 | 123908W |
Shareholding
The shareholding of Joister Infoserve Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Joister Infoserve Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Sep 2017 | 100139242 | Others | ₹2 Cr | Open | |
| 04 Aug 2017 | 100128436 | Hdfc Bank Limited | ₹14.36 Cr | Open | |
| 06 Jun 2018 | 100214662 | Others | ₹1.5 Cr | Satisfied | |
| 25 Oct 2016 | 100064068 | Others | ₹50 Lakh | Satisfied | |
| 18 Feb 2016 | 10625498 | Bank of Baroda | ₹1.5 Cr | Satisfied |
To see the full charge records of Joister Infoserve Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Joister Infoserve Private Limited has 556 court cases on record: 17 filed by Joister Infoserve, 539 filed against it. 47 cases are pending and 509 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 522 | 521 | 41 |
| District courts | 33 | 17 | 6 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 556)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Court case (C.S(COMM DIV)) | Filed against the company by Applause Entertainment Private Limited | Pending |
| Madras High Court | Original application | Filed against the company by Applause Entertainment Private Limited | Pending |
| Madras High Court | Court case (C.S(COMM DIV)) | Filed against the company by Ms Dawn Pictures Private Limited | Pending |
| Madras High Court | Original application | Filed against the company by Ms Dawn Pictures Private Limited | Pending |
| Madras High Court | Appeal | Filed against the company by M/S Sun TV Network Ltd | Pending |
To see the full case history of Joister Infoserve 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 Joister Infoserve Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Joister Infoserve Private Limited has a workforce of 13 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Joister Infoserve has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCS2264E2ZC | Maharashtra | Active | 08 Jul 2017 |
To see the full GST registrations and return filing status of Joister Infoserve Private Limited, buy the company report.
Recent activity
Joister Infoserve Private Limited has 8 board changes on record since 2005: 3 appointments and 5 cessations. The latest: Garima Diggiwal was appointed as Irp/Rp/Liquidator on 24 Jun 2024.
18 earlier events are in the company report.
Frequently asked questions
Joister Infoserve is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Joister Infoserve is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in isp and broadband services, within the telecom industry. It was incorporated on 01 July 2005 and is registered under CIN U30007MH2005PTC154396. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Joister Infoserve has 3 current directors:
- Nikunj Prabodh Kampani - Director
- Aniket Satpute Rangrao - Additional Director
- Garima Diggiwal - Irp/Rp/Liquidator
The latest financial statements of Joister Infoserve 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.
The CIN (Corporate Identification Number) of Joister Infoserve is U30007MH2005PTC154396. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Joister Infoserve has open charges of ₹16.36 Cr and satisfied charges of ₹13.84 Cr as per latest MCA filings.
Joister Infoserve has 556 court cases on record: 17 filed by the company and 539 filed against it. 47 are pending. Most are in the high courts.
Joister Infoserve was incorporated on 01 July 2005. It is registered with the Registrar of Companies, Mumbai.
The peers of Joister Infoserve by revenue are Ibus Technologies Private Limited, Ubiqcom India Private Limited, Pulse Telesystems Private Limited, Sistema Smart Technologies Limited, Dna Infotel Private Limited, all in the Telecom industry (Landline ISP and Broadband), with the same principal business activity (other information & communication service activities).
Garima Diggiwal was appointed as Irp/Rp/Liquidator on 24 Jun 2024. Manisha Nikunjkumar Kampani ceased to be Additional Director on 07 Feb 2020. Aniket Satpute Rangrao was appointed as Additional Director on 15 Mar 2019. Joister Infoserve has 8 board changes on record in total.
Joister Infoserve can be reached through the website mail.joister.net. Its registered office is in Mumbai, Maharashtra, India.