About Vegastream Networks Private Limited
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Vegastream Networks Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the telecom equipment and tech solutions segment of the telecommunications sector. It was incorporated on 23 May 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2008PTC046541. Its GSTIN is 29AACCV7963Q1Z8 (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Lakh. It is led by directors Karthik Natarajan and Umapriya Karthik.
Its last annual general meeting (AGM) was held on 29 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at # 13A 2nd Floor 5th Sector 14th Main Hsr Layout, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.2 Lakh, a decline of 48% compared to the previous year. For the same year it recorded a net loss of ₹1.86 Lakh (net margin -155%) and EBITDA of -₹1.08 Lakh (EBITDA margin -90.4%). Revenue has declined at a compounded annual rate (CAGR) of 74% over three years and 54% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vegastream.in.
Company details
Contact details
Vegastream Networks Private Limited's registered office is in Bangalore, Karnataka. Its website is vegastream.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address# 13A 2nd Floor 5th Sector 14th Main Hsr Layout, Bangalore, Karnataka, India – 560102
- IndustryTelecom, Telecom Equipment & Tech Solutions
To see the full contact details of Vegastream Networks 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
Financials of Vegastream Networks Private Limited
FY 2024 filings availableVegastream Networks Private Limited reported revenue of ₹1.2 Lakh (down 48% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 54% over five years, including a 48% fall in the latest year. EBITDA rose 79% 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 | -₹1.08 Lakh | ||||
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| Net Profit (PAT) | -₹1.86 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -90.4% | ||||
| Net Profit Margin | -155% | ||||
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To see the full financial statements and ratios of Vegastream Networks Private Limited, buy the company report.
Board of directors of Vegastream Networks Private Limited
Vegastream Networks has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karthik Natarajan | Director | 23 May 2008 | 18 Years 5 Months | Current |
| Umapriya Karthik Also directs: Abundance Hospitalities Private Limited, Atrie Technology Pvt Ltd, Pyramid Professional Services Pvt Ltd and 3 more | Director | 23 May 2008 | 18 Years 5 Months | Current |
Auditor
Vegastream Networks Private Limited is audited by I P. Pasricha & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| I P. Pasricha & Co. | FY 2023 | 000120N |
Shareholding
The shareholding of Vegastream Networks Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Vegastream Networks Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vegastream 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 Vegastream Networks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vegastream Networks has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCV7963Q1Z8 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vegastream Networks Private Limited, buy the company report.
Recent activity
Vegastream Networks Private Limited has 3 board changes on record since 2008: 2 appointments and 1 cessation. The latest: Timothy Michael Burne ceased to be Director on 10 May 2018.
Frequently asked questions
Vegastream Networks is an active private limited company based in Bangalore, Karnataka, India. The company works in telecom equipment and tech solutions, within the telecom industry. It was incorporated on 23 May 2008 (18+ years old) and is registered under CIN U72200KA2008PTC046541.
Vegastream Networks has 2 current directors:
- Karthik Natarajan - Director
- Umapriya Karthik - Director
The latest financial statements of Vegastream Networks on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Vegastream Networks is 29AACCV7963Q1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Vegastream Networks is U72200KA2008PTC046541. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vegastream Networks was incorporated on 23 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Timothy Michael Burne ceased to be Director on 10 May 2018. Karthik Natarajan was appointed as Director on 23 May 2008. Umapriya Karthik was appointed as Director on 23 May 2008.
Vegastream Networks can be reached through the website vegastream.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Vegastream Networks is at # 13A 2nd Floor 5th Sector 14th Main Hsr Layout, Bangalore, Karnataka, India – 560102.
Vegastream Networks operates in the telecom industry, in the telecom equipment and tech solutions segment.
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