About HBN Network Private Limited
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HBN Network Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 02 August 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U33202MH1995PTC091289. Its GSTIN is 27AAACT2824J1ZC (Maharashtra). The company holds 6 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹5.86 Cr. It was formerly known as Elebrands (India) Manufacturing & Assembling Industries Private Limited and Telebrands (India) Private Limited. It is led by directors including Hitesh Israni (Whole-Time Director) and Manisha Hitesh Israni.
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 A – 168 Road No 25 MIDC Waghle Industrial Estate, Thane, Maharashtra, India – 400604.
As per the financials filed for FY 2025, the company reported a revenue of ₹89.15 Lakh, a decline of 64% compared to the previous year. For the same year it recorded a net profit of ₹71,255 (net margin 0.8%) and EBITDA of ₹12.95 Lakh (EBITDA margin 14.5%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 46% over five years.
The company has about 65 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7 Cr and satisfied charges of ₹21.74 Cr on record. Court records list 54 cases involving the company, including 31 filed by the company and 23 filed against it; 11 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website telebrandsindia.com.
Company details
Name history
HBN Network has undergone 2 name changes throughout its history. The company was previously known as Elebrands (India) Manufacturing & Assembling Industries Private Limited, and Telebrands (India) Private Limited. The current legal name is Hbn Network Private Limited.
| Company Name | Status |
|---|---|
| HBN Network Private Limited | Current |
| Elebrands (India) Manufacturing & Assembling Industries Private Limited | Previous |
| Telebrands (India) Private Limited | Previous |
Contact details
HBN Network Private Limited's registered office is in Thane, Maharashtra. Its website is telebrandsindia.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressA – 168 Road No 25 MIDC Waghle Industrial Estate, Thane, Maharashtra, India – 400604
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of HBN Network 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 HBN Network is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of HBN Network Private Limited, buy the company report.
Financials of HBN Network Private Limited
FY 2025 filings availableHBN Network Private Limited reported revenue of ₹89.15 Lakh (down 64% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 46% over five years, including a 64% fall in the latest year. EBITDA rose 718% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹12.95 Lakh | ||||
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| Net Profit (PAT) | ₹71,255 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 14.5% | ||||
| Net Profit Margin | 0.8% | ||||
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To see the full financial statements and ratios of HBN Network Private Limited, buy the company report.
Board of directors of HBN Network Private Limited
HBN Network has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manju Sharma | Additional Director | 25 Apr 2024 | 2 Years 6 Months | Current |
| Hitesh Israni | Whole-Time Director | 02 Aug 1995 | 31 Years 2 Months | Current |
| Manisha Hitesh Israni | Director | 07 Jan 1998 | 28 Years 9 Months | Current |
Shareholding
The shareholding of HBN Network 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 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of HBN Network Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Oct 2007 | 10077365 | Hdfc Bank Limited | ₹7 Cr | Open | |
| 20 Jul 2020 | 100363422 | Others | ₹49 Lakh | Satisfied | |
| 11 Jun 2012 | 10364676 | Kotak Mahindra Bank Limited | ₹12.4 Cr | Satisfied | |
| 26 May 2012 | 10361688 | Kotak Mahindra Bank Limited | ₹7.85 Cr | Satisfied | |
| 31 Mar 2001 | 90234758 | Oriental Bank of Commerce | ₹50 Lakh | Satisfied |
To see the full charge records of HBN Network Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
HBN Network Private Limited has 54 court cases on record: 31 filed by HBN Network, 23 filed against it. 11 cases are pending and 43 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 31 | 11 | 4 |
| District courts | 20 | 9 | 6 |
| Supreme Court | 3 | 3 | 1 |
Cases on record (5 of 54)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Aramex India Private Limited Through Its Authorized Representative Shraddha Ashok Chavan | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Aramex India Private Limited Through Its Authorized Representative Shraddha Ashok Chavan | Pending |
| Bombay High Court | Court case (LPETN) | Filed by the company against Grand Slam Fitness Pvt. Ltd. | Pending |
| High Court of Delhi | Court case (C.O. (COMM.IPD-TM)) | Filed against the company by Bennett Coleman and Co. Ltd. Times of India Building, Dr. D.N. Road, Mumbai | Disposed |
| High Court, TAMIL NADU | Original application | Filed by the company against RP Telebuy Skyshop Pvt. Ltd. | Disposed |
To see the full case history of HBN Network 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 HBN Network Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
HBN Network Private Limited has a workforce of 65 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
HBN Network has 6 GST registrations: 1 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACT2824J1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of HBN Network Private Limited, buy the company report.
Recent activity
HBN Network Private Limited has 3 board changes on record since 1995: 3 appointments. The latest: Manju Sharma was appointed as Additional Director on 25 Apr 2024.
7 earlier events are in the company report.
Frequently asked questions
HBN Network is an active private limited company based in Thane, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 02 August 1995 (31+ years old) and is registered under CIN U33202MH1995PTC091289.
HBN Network has 3 current directors:
- Hitesh Israni - Whole-Time Director
- Manju Sharma - Additional Director
- Manisha Hitesh Israni - Director
The latest financial statements of HBN Network on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of HBN Network is 27AAACT2824J1ZC, registered in Maharashtra. The company has 6 GST registrations in all, of which 1 is active and 5 are cancelled or inactive.
The CIN (Corporate Identification Number) of HBN Network is U33202MH1995PTC091289. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
HBN Network has 54 court cases on record: 31 filed by the company and 23 filed against it. 11 are pending. Most are in the high courts.
HBN Network was incorporated on 02 August 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Manju Sharma was appointed as Additional Director on 25 Apr 2024. Manisha Hitesh Israni was appointed as Director on 07 Jan 1998. Hitesh Israni was appointed as Whole-Time Director on 02 Aug 1995.
HBN Network can be reached through the website telebrandsindia.com. Its registered office is in Thane, Maharashtra, India.
The registered office of HBN Network is at A – 168 Road No 25 MIDC Waghle Industrial Estate, Thane, Maharashtra, India – 400604.