MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0109885
Teamnet Solutions Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹85.56 Lakh
▲ 21% YoY
Net profit · FY 2022
₹61,294
Net margin 0.7%
EBITDA · FY 2022
₹28.32 Lakh
EBITDA margin 33.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.35 Cr
Satisfied ₹7 Lakh
Company age
21 yrs
Est. 2005
Employees · EPFO
4
Provident fund records
About Teamnet Solutions Private Limited
Data last updated:
Teamnet Solutions Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 17 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2005PTC020894. Its GSTIN is 27AACCT2558H1Z8 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Amitabh Ashwin Akolkar and Kirti Amitabh Akolkar.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at D – 18 Runwal Paradise Bhusaricolony Paud Road Kothrud, Pune, Maharashtra, India – 411038.
As per the financials filed for FY 2022, the company reported a revenue of ₹85.56 Lakh, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹61,294 (net margin 0.7%) and EBITDA of ₹28.32 Lakh (EBITDA margin 33.1%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 23% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.35 Cr and satisfied charges of ₹7 Lakh on record.
Teamnet Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0109885). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website teamnet.in.
Company details
CIN U72900PN2005PTC020894
Registration Number 020894
Incorporation Date 17 June 2005
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0109885
Recognitions & Rankings of Teamnet Solutions
Contact details
Teamnet Solutions Private Limited's registered office is in Pune, Maharashtra. Its website is teamnet.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressD – 18 Runwal Paradise Bhusaricolony Paud Road Kothrud, Pune, Maharashtra, India – 411038
- IndustryInformation Technology, Application Development & Software Solutions, Electronic Components & Equipment Manufacturing
To see the full contact details of Teamnet Solutions Private Limited, buy the company report.
Comprehensive company report
Teamnet Solutions 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 Teamnet Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Teamnet Solutions Private Limited, buy the company report.
Financials of Teamnet Solutions Private Limited
FY 2022 filings availableTeamnet Solutions Private Limited reported revenue of ₹85.56 Lakh (up 21% YoY) for FY 2022.
Revenue · FY 2022
₹85.56 Lakh ▲ 21%
Net profit · FY 2022
₹61,294 margin 0.7%
EBITDA · FY 2022
₹28.32 Lakh margin 33.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▼ 32%
5 years · compounded
▼ 23%
EBITDA CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 12%
5 years · compounded
▲ 16%
Revenue rose 21% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 23%. EBITDA rose 14% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹28.32 Lakh | ||||
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| Net Profit (PAT) | ₹61,294 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 33.1% | ||||
| Net Profit Margin | 0.7% | ||||
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To see the full financial statements and ratios of Teamnet Solutions Private Limited, buy the company report.
Board of directors of Teamnet Solutions Private Limited
Teamnet Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amitabh Ashwin Akolkar | Director | 25 Jul 2019 | 7 Years 2 Months | Current |
| Kirti Amitabh Akolkar | Director | 01 Jun 2019 | 7 Years 4 Months | Current |
Auditor
Teamnet Solutions Private Limited is audited by N D KALOKHE & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N D KALOKHE & ASSOCIATES | FY 2021 | 152905W |
Shareholding
The shareholding of Teamnet Solutions Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Teamnet Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.35 Cr
Satisfied charges
₹7 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jan 2022 | 100537171 | Indian Bank | ₹10 Lakh | Open | |
| 08 Nov 2016 | 100075119 | Indian Bank | ₹85 Lakh | Open | |
| 17 May 2014 | 10504286 | Indian Bank | ₹40 Lakh | Open | |
| 03 Apr 2008 | 10104440 | Vidya Sahakari Bank Limited | ₹7 Lakh | Satisfied |
To see the full charge records of Teamnet Solutions Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Teamnet Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Teamnet Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Teamnet Solutions Private Limited has a workforce of 4 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
4
Active EPFO establishments
1
Employee growth
-55.56%
GST
Teamnet Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCT2558H1Z8 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Teamnet Solutions Private Limited, buy the company report.
Recent activity
Teamnet Solutions Private Limited has 6 board changes on record since 2016: 3 appointments and 3 cessations. The latest: Sushant Ashwin Akolkar ceased to be Director on 31 Mar 2025.
Ceased
Sushant Ashwin Akolkar ceased to be Director.
AGM
Teamnet Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Teamnet Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Pune.
Charges
A charge with Indian Bank amounted to Rs. 10.00 Lakh with Charge ID 100537171 was registered on 29 Jan 2022.
Appointed
Amitabh Ashwin Akolkar was appointed as Director.
Appointed
Kirti Amitabh Akolkar was appointed as Director.
Ceased
Amitabh Ashwin Akolkar ceased to be Director.
Ceased
Ashwin Padmanabh Akolkar ceased to be Director.
Charges
A charge with Indian Bank of Rs. 85.00 Lakh registered on 08 Nov 2016 with Charge ID 100075119 was modified on 12 Oct 2018.
Charges
A charge with Indian Bank amounted to Rs. 85.00 Lakh with Charge ID 100075119 was registered on 08 Nov 2016.
Appointed
Sushant Ashwin Akolkar was appointed as Director.
Charges
A charge with Indian Bank amounted to Rs. 40.00 Lakh with Charge ID 10504286 was registered on 17 May 2014.
3 earlier events are in the company report.
Frequently asked questions
Teamnet Solutions is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 17 June 2005 (21+ years old) and is registered under CIN U72900PN2005PTC020894.
Teamnet Solutions has 2 current directors:
- Amitabh Ashwin Akolkar - Director
- Kirti Amitabh Akolkar - Director
The latest financial statements of Teamnet Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Teamnet Solutions is 27AACCT2558H1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Teamnet Solutions is U72900PN2005PTC020894. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Teamnet Solutions was incorporated on 17 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Pune.
Sushant Ashwin Akolkar ceased to be Director on 31 Mar 2025. Amitabh Ashwin Akolkar was appointed as Director on 25 Jul 2019. Kirti Amitabh Akolkar was appointed as Director on 01 Jun 2019. Teamnet Solutions has 6 board changes on record in total.
Yes, Teamnet Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0109885).
Teamnet Solutions can be reached through the website teamnet.in. Its registered office is in Pune, Maharashtra, India.
The registered office of Teamnet Solutions is at D – 18 Runwal Paradise Bhusaricolony Paud Road Kothrud, Pune, Maharashtra, India – 411038.