Twenty One Net (India) Private Limited
About Twenty One Net (India) Private Limited
Data last updated:
Twenty One Net (India) Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of 21 Net Limited. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the satellite segment of the telecommunications sector. It was incorporated on 30 July 2009.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U32109MH2009PTC194474. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹75 Lakh and a paid-up capital of ₹75 Lakh. It was led by directors Preetam Anil Dsouza and Madakshira Rao Vasudeva Shanthala.
Its last annual general meeting (AGM) was held on 29 May 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2020, the company reported a revenue of ₹7.23 Lakh, a decline of 88% compared to the previous year. For the same year it recorded a net profit of ₹2.1 Lakh (net margin 29%) and EBITDA of ₹2.66 Lakh (EBITDA margin 36.8%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years.
The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1.72 Cr; the latest was in March 2020. Its 10 peer companies in the same principal business activity (wired, wireless or satellite telecommunication activities) are compared by revenue, 5 larger and 5 smaller; the largest is Crelite Technologies Private Limited with revenue of ₹7.33 Lakh.
Company details
Contact details
Twenty One Net (India) Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address601 – B Dsk Saraswati Chs Ltd Vaishet Pada No 2 Kurar Village Near Parekh Nagar Malad, (East), Mumbai, Maharashtra, India – 400097
- IndustryTelecommunication, Satellite, Wired, Telecommunications, Wireless
To see the full contact details of Twenty One Net (India) 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 Twenty One Net (India) 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 Twenty One Net (India) Private Limited, buy the company report.
Financials of Twenty One Net (India) Private Limited
FY 2020 filings availableTwenty One Net (India) Private Limited reported revenue of ₹7.23 Lakh (down 88% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 34% over three years, including a 88% fall in the latest year. EBITDA fell 67% 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
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| EBITDA | ₹2.66 Lakh | ||||
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| Net Profit (PAT) | ₹2.1 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA Margin | 36.8% | ||||
| Net Profit Margin | 29% | ||||
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To see the full financial statements and ratios of Twenty One Net (India) Private Limited, buy the company report.
Board of directors of Twenty One Net (India) Private Limited
Twenty One Net (India) has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Preetam Anil Dsouza | Director | 30 Jul 2018 | 8 Years 2 Months | As last reported |
| Madakshira Rao Vasudeva Shanthala Also directs: Vacation Residentials LLP | Director | 30 Jul 2018 | 8 Years 2 Months | As last reported |
Peer comparison
Twenty One Net (India) 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 |
|---|---|---|---|---|---|---|
| Crelite Technologies Private Limited | ₹7.33 Lakh (FY 2022) | 53.0% | Aurangabad, Maharashtra, India | |||
| Airtech Internet Solutions Private Limited | ₹7.33 Lakh (FY 2025) | -97.0% | Mohali, Punjab, India | |||
| Xedtron Ventures Private Limited | ₹7.32 Lakh (FY 2024) | -21.0% | Ghaziabad, Uttar Pradesh, India | |||
| Vijayaraya Fibernet Private Limited | ₹7.28 Lakh (FY 2025) | -64.0% | Mahaboobnagar, Telangana, India | |||
| Smart Telecom Private Limited | ₹7.23 Lakh (FY 2025) | -24.0% | Kolkata, West Bengal, India | |||
| Twenty One Net (India) Private Limitedthis company | ₹7.23 Lakh (FY 2020) | ₹2.1 Lakh | 29% | -88.0% | Mumbai, Maharashtra, India | |
| Oneweb India Communications Private Limited | ₹7.17 Lakh (FY 2025) | -58.0% | Dadri, Uttar Pradesh, India | |||
| Phonix Broadband Private Limited | ₹7.16 Lakh (FY 2022) | -28.0% | Solapur, Maharashtra, India | |||
| Pixel Innovative Solutions Private Limited | ₹7.13 Lakh (FY 2025) | 3465.0% | Pune, Maharashtra, India | |||
| Fibnet Networks Private Limited | ₹7.09 Lakh (FY 2025) | 491.0% | Tiruttani, Tamil Nadu, India | |||
| Avighna Automation Private Limited | ₹7.09 Lakh (FY 2025) | -16.0% | Bhopal, Madhya Pradesh, India |
To see the full peer comparison of Twenty One Net (India) Private Limited, buy the company report.
Auditor
Twenty One Net (India) Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2017 | W- 100018 |
Shareholding
The shareholding of Twenty One Net (India) 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 |
|---|---|---|
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| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Twenty One Net (India) Private Limited, buy the company report.
Deals & funding
Twenty One Net (India) Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1.72 Cr; the latest was in March 2020.
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Nomad Holdings Limited, an individual Seller: 21 Net Belgium NV, 21 Net Limited |
| Sep 2013 | Funding round | ₹68 Lakh | Investors: 21 Net Limited |
| Jun 2010 | Funding round | ₹20 Lakh | Investors: 21 Net Limited |
To see the full deal history of Twenty One Net (India) Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Twenty One Net (India) 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 Twenty One Net (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Twenty One Net (India) has 2 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 Twenty One Net (India) Private Limited, buy the company report.
Recent activity
Twenty One Net (India) Private Limited has 11 board changes on record since 2010: 2 appointments and 9 cessations. The latest: Suresh Gobindram Advani ceased to be Director on 15 Feb 2019.
2 earlier events are in the company report.
Frequently asked questions
Twenty One Net (India) has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Twenty One Net (India) was a private limited company based in Mumbai, Maharashtra, India. The company worked in satellite, within the telecommunication industry. It was incorporated on 30 July 2009 and is registered under CIN U32109MH2009PTC194474. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
Twenty One Net (India) was incorporated on 30 July 2009. It is registered with the Registrar of Companies, Mumbai.
Twenty One Net (India) had 2 directors:
- Preetam Anil Dsouza - Director
- Madakshira Rao Vasudeva Shanthala - Director
The CIN (Corporate Identification Number) of Twenty One Net (India) is U32109MH2009PTC194474. 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 Twenty One Net (India) is at 601 – B Dsk Saraswati Chs Ltd Vaishet Pada No 2 Kurar Village Near Parekh Nagar Malad, East, Mumbai, Maharashtra, India – 400097.
The latest financial statements of Twenty One Net (India) on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 29 May 2020. Year-wise statements from 2015 are in the company report.
No. Twenty One Net (India) has 2 GST registrations on record and all of them are cancelled or inactive.
Twenty One Net (India) operated in the telecommunication industry, in the satellite segment.
Twenty One Net (India) has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1.72 Cr; the latest was in March 2020.
The peers of Twenty One Net (India) by revenue are Crelite Technologies Private Limited, Airtech Internet Solutions Private Limited, Xedtron Ventures Private Limited, Vijayaraya Fibernet Private Limited, Smart Telecom Private Limited and 5 more, all in the same principal business activity (wired, wireless or satellite telecommunication activities).