True Wifi Networks Private Limited
About True Wifi Networks Private Limited
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True Wifi Networks Private Limited is a private limited company based in Sriramnagar, Karnataka, India. It operates in the radio and television programmes segment of the telecommunications sector. It was incorporated on 05 August 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U64200KA2022PTC164745.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹50,000. It is led by directors Bhrugumalla Naga Srikanth (Managing Director) and Bhrugumalla Nagaraviteja.
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 No15 Ward – 2 Raichur – Gangavathi Main Road, Sriramnagar, Karnataka, India – 583282.
As per the financials filed for FY 2024, the company reported a revenue of ₹18,618, a growth of 8% compared to the previous year. For the same year it recorded a net loss of ₹13,544 (net margin -72.7%) and EBITDA of -₹13,500 (EBITDA margin -72.5%).
Company details
Contact details
True Wifi Networks Private Limited's registered office is in Sriramnagar, Karnataka.
- Registered AddressNo15 Ward – 2 Raichur – Gangavathi Main Road, Sriramnagar, Karnataka, India – 583282
- IndustryTelecommunication, Radio And Television Programmes
- 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 True Wifi Networks 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 True Wifi Networks Private Limited, buy the company report.
Financials of True Wifi Networks Private Limited
FY 2025 filings availableTrue Wifi Networks Private Limited reported revenue of ₹18,618 (up 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 8% in the latest year. EBITDA fell 199% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
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| EBITDA | -₹13,500 | |
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| Net Profit (PAT) | -₹13,544 | |
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -72.5% | |
| Net Profit Margin | -72.7% | |
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To see the full financial statements and ratios of True Wifi Networks Private Limited, buy the company report.
Board of directors of True Wifi Networks Private Limited
True Wifi Networks has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhrugumalla Naga Srikanth | Managing Director | 05 Aug 2022 | 4 Years 2 Months | Current |
| Bhrugumalla Nagaraviteja | Director | 05 Aug 2022 | 4 Years 2 Months | Current |
Peer comparison
True Wifi Networks Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Dhani Networks Private Limited | ₹20,354 (FY 2024) | 40.0% | New Delhi, Delhi, India | |||
| Digiwire Media (OPC) Private Limited | ₹20,119 (FY 2025) | Indirapuram, Uttar Pradesh, India | ||||
| Mobilogix India Private Limited | ₹20,019 (FY 2025) | -99.0% | Hyderabad, Telangana, India | |||
| Sam BPO Services Private Limited | ₹20,000 (FY 2017) | -99.0% | Hyderabad, Telangana, India | |||
| Tring Telecom Private Limited | ₹20,000 (FY 2021) | -9.0% | Chennai, Tamil Nadu, India | |||
| True Wifi Networks Private Limitedthis company | ₹18,618 (FY 2024) | -₹13,544 | -72.7% | 8.0% | Sriramnagar, Karnataka, India | |
| Rapide Next Private Limited | ₹17,574 (FY 2024) | Mughalsarai, Uttar Pradesh, India | ||||
| I S P Solutions India Private Limited | ₹17,306 (FY 2017) | -4.0% | Coimbatore, Tamil Nadu, India | |||
| Techmocha IT Solutions Private Limited | ₹17,000 (FY 2025) | -8.0% | Delhi, India | |||
| Shree Raghobadev Internet (OPC) Private Limited | ₹16,200 (FY 2025) | Uran, Maharashtra, India | ||||
| Quantum Tele & Security Services Private Limited | ₹16,117 (FY 2020) | Faizabad, Uttar Pradesh, India |
To see the full peer comparison of True Wifi Networks Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving True Wifi Networks 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 True Wifi Networks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for True Wifi Networks Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
True Wifi Networks Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Bhrugumalla Naga Srikanth was appointed as Managing Director on 05 Aug 2022.
Frequently asked questions
True Wifi Networks is an active private limited company based in Sriramnagar, Karnataka, India. The company works in radio and television programmes, within the telecommunication industry. It was incorporated on 05 August 2022 (4+ years old) and is registered under CIN U64200KA2022PTC164745.
True Wifi Networks has 2 current directors:
- Bhrugumalla Naga Srikanth - Managing Director
- Bhrugumalla Nagaraviteja - Director
The latest financial statements of True Wifi Networks 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 FY 2023 are in the company report.
The CIN (Corporate Identification Number) of True Wifi Networks is U64200KA2022PTC164745. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
True Wifi Networks was incorporated on 05 August 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of True Wifi Networks by revenue are Dhani Networks Private Limited, Digiwire Media (OPC) Private Limited, Mobilogix India Private Limited, Sam BPO Services Private Limited, Tring Telecom Private Limited and 5 more, all in the same principal business activity (wired, wireless or satellite telecommunication activities).
Bhrugumalla Naga Srikanth was appointed as Managing Director on 05 Aug 2022. Bhrugumalla Nagaraviteja was appointed as Director on 05 Aug 2022.
The registered office of True Wifi Networks is at No15 Ward – 2 Raichur – Gangavathi Main Road, Sriramnagar, Karnataka, India – 583282.
True Wifi Networks operates in the telecommunication industry, in the radio and television programmes segment.
True Wifi Networks can be reached at its registered office: No15 Ward – 2 Raichur – Gangavathi Main Road, Sriramnagar, Karnataka, India – 583282.
True Wifi Networks is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.
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