About Telenor (India) Communications Private Limited
Data last updated:
Telenor (India) Communications Private Limited was a private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Telenor South Asia Investment Pte Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the telecom service providers segment of the telecommunications sector. It was incorporated on 24 February 2012.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U64200DL2012PTC231991. The company has 10 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹12,003 Cr and a paid-up capital of ₹9,384.57 Cr. It was formerly known as Telewings Communications Services Private Limited. It was led by directors Pankaj Sharma (Whole-Time Director) and Arnstein Sletmoe.
Its last annual general meeting (AGM) was held on 28 July 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Dbs Business Centre First Floor World Trade Tower Barakhamba Lane Connaught Place, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2017, the company reported a revenue of ₹4,794.6 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹921.7 Cr (net margin -19.2%) and EBITDA of ₹515.4 Cr (EBITDA margin 10.7%).
The company was associated with 2 brands: Telenor India and Uninor. Court records list 23 cases involving the company, including 13 filed by the company and 10 filed against it; 3 cases are pending. The company has 4 deals on record (2 secondary share transfers, 1 acquisition, 1 funding round), with disclosed funding of ₹978.51 Cr; the latest was in February 2017. Its 3 peer companies in the Telecom industry (Communications, Telecom Service Providers), with the same principal business activity (wired, wireless or satellite telecommunication activities) are compared by revenue, 3 larger; the largest is Vodafone Mobile Services Limited with revenue of ₹33,211 Cr.
The last known website on record is telenor.in.
Company details
Contact details
Telenor (India) Communications Private Limited's registered office is in New Delhi, Delhi. Its website is telenor.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressDbs Business Centre First Floor World Trade Tower Barakhamba Lane Connaught Place, New Delhi, Delhi, India – 110001
- IndustryTelecom, Telecom Service Providers
To see the full contact details of Telenor (India) Communications 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
Brands
Telenor (India) Communications operates two associated brands: Telenor India and Uninor. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Prepaid Mobile Services | telenor.in | |
| Mobile telecommunication services are provided via GSM in India. | uninor.in |
Business activity
The main business activity of Telenor (India) Communications is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities |
To see the full business activity and turnover split of Telenor (India) Communications Private Limited, buy the company report.
Financials of Telenor (India) Communications Private Limited
FY 2017 filings availableTelenor (India) Communications Private Limited reported revenue of ₹4,794.6 Cr (up 5% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 5% in the latest year. EBITDA rose 531% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹4,794.6 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹515.4 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹921.7 Cr | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 10.7% | ||
| Net Profit Margin | -19.2% | ||
| 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 Telenor (India) Communications Private Limited, buy the company report.
Board of directors and KMP of Telenor (India) Communications Private Limited
Telenor (India) Communications Private Limited currently reports 2 directors and 2 key managerial personnel. 14 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Sharma Also directs: Ernst & Young LLP | Whole-Time Director | 14 Dec 2017 | 8 Years 10 Months | As last reported |
| Sharad Mehrotra | Ceo | 01 Nov 2015 | 11 Years 0 Months | As last reported |
| Arnstein Sletmoe | Director | 21 Jan 2016 | 10 Years 9 Months | As last reported |
| Deepak Goyal | Company Secretary | 18 Jun 2016 | 10 Years 4 Months | As last reported |
Peer comparison
Telenor (India) Communications Private Limited is compared with the 3 companies closest to it by revenue in the Telecom industry (Communications, Telecom Service Providers), with the same principal business activity (wired, wireless or satellite telecommunication activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vodafone Mobile Services Limited | ₹33,211 Cr (FY 2018) | -17.0% | Mumbai, Maharashtra, India | |||
| Bharat Sanchar Nigam Limited | ₹23,446 Cr (FY 2025) | 10.0% | New Delhi, Delhi, India | |||
| Aircel Limited | ₹11,469 Cr (FY 2017) | -1.0% | Mumbai, Maharashtra, India | |||
| Telenor (India) Communications Private Limitedthis company | ₹4,794.6 Cr (FY 2017) | -₹921.7 Cr | -19.2% | 5.0% | New Delhi, Delhi, India |
To see the full peer comparison of Telenor (India) Communications Private Limited, buy the company report.
Auditor
Telenor (India) Communications Private Limited is audited by S R BATLIBOI & ASSOCIATES LLP for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R BATLIBOI & ASSOCIATES LLP | FY 2017 | 101049W |
Shareholding
The shareholding of Telenor (India) Communications 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 category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Telenor (India) Communications Private Limited, buy the company report.
Deals & funding
Telenor (India) Communications Private Limited has 4 deals on record (2 secondary share transfers, 1 acquisition, 1 funding round), with disclosed funding of ₹978.51 Cr; the latest was in February 2017.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2017 | Acquisition | Undisclosed | Buyer: Bharti Airtel Limited Seller: an individual |
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: Telenor South Asia Investment Pte Ltd Seller: Lakshdeep Investments and Finance Private Limited |
| Dec 2013 | Funding round | ₹978.51 Cr | Investors: Telenor South Asia Investment Pte Ltd |
| Aug 2013 | Secondary share transfer | Undisclosed | Buyer: Telenor South Asia Investment Pte Ltd, Telenor South East Asia Investment Pte Ltd Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Telenor (India) Communications Private Limited has 23 court cases on record: 13 filed by Telenor (India) Communications, 10 filed against it. 3 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 19 | 9 | 2 |
| District courts | 3 | 1 | 0 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2405-Indirect Taxation : Service Tax) | Filed by the company against Aircel Limited Through Its Authorized Signatory 769, Spencer Plaza, 5Th Floor, Anna Salai, ,Chennai , Tamil Nadu and 3 others | Pending |
| Bombay High Court | Writ petition | Filed by the company against The Maharashtra State Electricity Distribution Company Ltd., and Ors | Pending |
| High Court of Delhi | Arbitration matter | Filed against the company by Vas India Communications Private Limited | Disposed |
| High Court of Delhi | Arbitration matter | Filed against the company by Naysa Vas Communications Private Limited | Disposed |
| High Court of Delhi | Arbitration matter | Filed against the company by Siesta Communications Private Limited | Disposed |
To see the full case history of Telenor (India) Communications 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 Telenor (India) Communications Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Telenor (India) Communications has 10 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Telenor (India) Communications Private Limited, buy the company report.
Recent activity
Telenor (India) Communications Private Limited has 17 board changes on record since 2012: 4 appointments and 13 cessations. The latest: Suresh Bagrodia ceased to be Cfo(Kmp) on 30 Apr 2018.
8 earlier events are in the company report.
News
Frequently asked questions
Telenor (India) Communications has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Telenor (India) Communications was a private limited company based in New Delhi, Delhi, India. The company worked in telecom service providers, within the telecom industry. It was incorporated on 24 February 2012 and is registered under CIN U64200DL2012PTC231991. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Telenor (India) Communications was incorporated on 24 February 2012. It is registered with the Registrar of Companies, Delhi.
Telenor (India) Communications had 4 directors and KMP:
- Pankaj Sharma - Whole-Time Director
- Arnstein Sletmoe - Director
- Sharad Mehrotra - Ceo
- Deepak Goyal - Company Secretary
The CIN (Corporate Identification Number) of Telenor (India) Communications is U64200DL2012PTC231991. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Telenor (India) Communications is at Dbs Business Centre First Floor World Trade Tower Barakhamba Lane Connaught Place, New Delhi, Delhi, India – 110001.
Telenor (India) Communications can be reached through the website telenor.in. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Telenor (India) Communications on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 28 July 2017. Year-wise statements from 2015 are in the company report.
No. Telenor (India) Communications has 10 GST registrations on record and all of them are cancelled or inactive.
Telenor (India) Communications operated in the telecom industry, in the telecom service providers segment.
Telenor (India) Communications has 4 deals on record (2 secondary share transfers, 1 acquisition, 1 funding round), with disclosed funding of ₹978.51 Cr; the latest was in February 2017.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
