About Verizon India Private Limited
Data last updated:
Verizon India Private Limited was a private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Mfs Globenet Inc.. 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 equipment and tech solutions segment of the telecommunications sector. It was incorporated on 06 January 2000.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL2000PTC103136. The company has 5 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹3 Cr and a paid-up capital of ₹52.3 Lakh. It was formerly known as Mci Worldcom India Private Limited. It was led by directors Mukesh Kumar Vashisht and Monu Mathe.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Unit No. 305 3rd Floor Aero City Asset No. 7 Worldmark 3 Indira Gandhi International, Airport, New Delhi, Delhi, India – 110037.
As per the financials filed for FY 2019, the company reported a revenue of ₹46.52 Lakh, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹4.24 Cr and EBITDA of -₹4.04 Cr. Revenue has declined at a compounded annual rate (CAGR) of 75% over three years.
The company had about 7 employees on its provident fund (EPFO) records before it was dissolved.
Court records list 21 cases involving the company, including 11 filed by the company and 10 filed against it; 4 cases are pending.
The last known website on record is verizonenterprise.com.
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- TelephoneLocked
- Website
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- Registered AddressUnit No. 305 3rd Floor Aero City Asset No. 7 Worldmark 3 Indira Gandhi International, Airport, New Delhi, Delhi, India – 110037
- IndustryTelecom, Telecom Equipment & Tech Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Verizon India Private Limited
The main business activity of Verizon India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Verizon India Private Limited FY 2019 filings available
Verizon India Private Limited reported revenue of ₹46.52 Lakh (down 91% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Verizon India Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 75% over three years, including a 91% fall in the latest year. EBITDA fell 378% 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 of Verizon India Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹46.52 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹4.04 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.24 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 of Verizon India Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Verizon India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Verizon India Private Limited
Verizon India has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Kumar Vashisht | Director | 21 Sep 2011 | 15 Years 1 Months | As last reported |
| Monu Mathe | Director | 26 Sep 2017 | 9 Years 0 Months | As last reported |
Peer Comparison of Verizon India Private Limited
Verizon India Private Limited is compared with the companies closest to it by revenue in the Telecom industry (Telecom Equipment and Technology). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Yesaar Geomatics Private Limited | ₹51.13 Lakh (FY 2023) | •••• | •••• | 79.0% | •••• | Pune, Maharashtra, India |
| Iconet Communication Private Limited | ₹50.94 Lakh (FY 2025) | •••• | •••• | -29.0% | •••• | Chennai, Tamil Nadu, India |
| Softel Telecom Private Limited | ₹50.21 Lakh (FY 2024) | •••• | •••• | -16.0% | •••• | Kolkata, West Bengal, India |
| Dha Infratech Private Limited | ₹49.43 Lakh (FY 2025) | •••• | •••• | -16.0% | •••• | Haldwani, Uttarakhand, India |
| BNN Communication Engineers Private Limited | ₹47.93 Lakh (FY 2024) | •••• | •••• | 19.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Verizon India Private Limited this company | ₹46.52 Lakh (FY 2019) | •••• | •••• | -91.0% | •••• | New Delhi, Delhi, India |
| Inko Infotech Private Limited | ₹46.34 Lakh (FY 2025) | •••• | •••• | -96.0% | •••• | New Delhi, Delhi, India |
| Spaceage Security Systems Limited | ₹46.2 Lakh (FY 2025) | •••• | •••• | -68.0% | •••• | Delhi, India |
| Akanksha Infoservices Private Limited | ₹46.07 Lakh (FY 2025) | •••• | •••• | 8.0% | •••• | Jaipur, Rajasthan, India |
| HNRM Tele Construction Private Limited | ₹45.91 Lakh (FY 2024) | •••• | •••• | -32.0% | •••• | New Delhi, Delhi, India |
| Lunatech Telecom India Private Limited | ₹45.91 Lakh (FY 2024) | •••• | •••• | -17.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Verizon India by revenue in the Telecom industry (Telecom Equipment and Technology), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Verizon India Private Limited
Verizon India Private Limited is audited by S R BATLIBOI & ASSOCIATES LLP for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S R BATLIBOI & ASSOCIATES LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Verizon India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Verizon India Private Limited
Verizon India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Verizon India Private Limited
Verizon India Private Limited has 21 court cases on record: 11 filed by Verizon India, 10 filed against it. 4 cases are pending and 17 are disposed. Status as checked between 30 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 19 | 8 | 4 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Special leave petition | Filed against the company by Swathy Smart Cards Hi - Tech Private Limited | Disposed |
| Madras High Court | Company petition | Filed by the company against an individual | Pending |
| Madras High Court | Court case (COMP.A) | Filed by the company against an individual | Pending |
| Madras High Court | Court case (COMP.A) | Filed against the company by Deputy Commissioner of Income Tax Circle -I Salem | Disposed |
| High Court of Delhi | Tax appeal | Filed against the company by PR. Commissioner of Income Tax | Disposed |
Full case history
All 21 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Verizon India Private Limited
Employment history and EPFO contributions of people linked to Verizon India.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Verizon India Private Limited
Verizon India Private Limited has 12 board changes on record since 2008: 2 appointments and 10 cessations. The latest: Clareta May Yin Chia ceased to be Director on 13 Dec 2019.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Verizon India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Verizon India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Verizon India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Verizon India Private Limited
Verizon India has 5 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Verizon India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Verizon India Private Limited
Frequently Asked Questions about Verizon India Private Limited
Verizon India 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.
Verizon India was a private limited company based in New Delhi, Delhi, India. The company worked in telecom equipment and tech solutions, within the telecom industry. It was incorporated on 06 January 2000 and is registered under CIN U74899DL2000PTC103136. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Verizon India was incorporated on 06 January 2000. It is registered with the Registrar of Companies, Delhi.
Verizon India had 2 directors:
- Mukesh Kumar Vashisht - Director
- Monu Mathe - Director
The CIN (Corporate Identification Number) of Verizon India is U74899DL2000PTC103136. 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 Verizon India is at Unit No. 305 3rd Floor Aero City Asset No. 7 Worldmark 3 Indira Gandhi International, Airport, New Delhi, Delhi, India – 110037.
Verizon India can be reached through the website verizonenterprise.com. Its registered office is in New Delhi, Delhi, India.
Verizon India reported revenue of ₹46.52 Lakh for FY 2019 (down 91% YoY).
Verizon India has an authorised share capital of ₹3 Cr and a paid-up capital of ₹52.3 Lakh.
Verizon India reported a net loss of ₹4.24 Cr and EBITDA of -₹4.04 Cr for FY 2019, as per its filed financial statements.
No. Verizon India has 5 GST registrations on record and all of them are cancelled or inactive.