India's Richest People 2026 edition · 1 director · Source: Hurun India
- #79 Darshan Hiranandani ₹37,900 Cr
Revenue · FY 2024
₹62.64 Cr
▲ 35% YoY
Net profit · FY 2024
₹6.51 Cr
Net margin 10.4%
EBITDA · FY 2024
₹11.42 Cr
EBITDA margin 18.2%
Authorised capital
₹2.51 Cr
Registered with MCA
Paid-up capital
₹2.51 Cr
Issued & subscribed
Open charges
₹11.63 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
36
Provident fund records
About Yotta Network Services Private Limited
Data last updated:
Yotta Network Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Nui Services Private Limited. It operates in the isp and broadband services segment of the telecommunications sector. It was incorporated on 25 September 2019 and has been in existence for over 7 years.
Its director Darshan Hiranandani is #79 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U64200MH2019PTC331005. Its GSTIN is 27AABCY1651M1Z1 (Maharashtra). The company holds 7 GST registrations, all of them active.
The company has an authorised share capital of ₹2.51 Cr and a paid-up capital of ₹2.51 Cr. It is led by directors including Viral Jayantilal Shah and Sunil Gupta.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹62.64 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net profit of ₹6.51 Cr (net margin 10.4%) and EBITDA of ₹11.42 Cr (EBITDA margin 18.2%). Revenue has grown at a compounded annual rate (CAGR) of 505% over three years.
The company has about 36 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.63 Cr on record. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2021. The company has 4 MSME Form 1 returns on record between 2021 and 2024, listing 17 overdue payments to 3 micro and small suppliers.
For more details, the company can be reached via its website yotta.com.
Company details
CIN U64200MH2019PTC331005
Registration Number 331005
Incorporation Date 25 September 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Nui Services Private Limited
Key People
Darshan Niranjan Hiranandani Nominee Director Viral Jayantilal Shah Director Sunil Gupta Director Recognitions & Rankings of Yotta Network Services
Contact details
Yotta Network Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is yotta.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No. 101 1st Floor Bg House, Lake Boulevard Street Hiranandani Gardens Powai, Mumbai, Maharashtra, India – 400076
- IndustryTelecom, ISP & Broadband Services
To see the full contact details of Yotta Network Services Private Limited, buy the company report.
Comprehensive company report
Yotta Network Services Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Yotta Network Services is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Yotta Network Services Private Limited, buy the company report.
Financials of Yotta Network Services Private Limited
FY 2025 filings availableYotta Network Services Private Limited reported revenue of ₹62.64 Cr (up 35% YoY) for FY 2024.
Revenue · FY 2024
₹62.64 Cr ▲ 35%
Net profit · FY 2024
₹6.51 Cr margin 10.4%
EBITDA · FY 2024
₹11.42 Cr margin 18.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 35%
3 years · compounded
▲ 505%
EBITDA CAGR growth
1 year
▲ 306%
3 years · compounded
▲ 56%
Revenue has grown at a compounded annual rate (CAGR) of 505% over three years, including 35% growth in the latest year. EBITDA rose 306% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹62.64 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹11.42 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.51 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.2% | ||||
| Net Profit Margin | 10.4% | ||||
| 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 Yotta Network Services Private Limited, buy the company report.
Board of directors of Yotta Network Services Private Limited
Yotta Network Services has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Darshan Niranjan Hiranandani Also directs: Tarq Semiconductors Private Limited, He Terminals Private Limited, CDC Data Centre Private Limited and 5 more | Nominee Director | 08 Apr 2020 | 6 Years 7 Months | Current |
| Viral Jayantilal Shah Also directs: Yotta Data Services Private Limited | Director | 25 Sep 2019 | 7 Years 1 Months | Current |
| Sunil Gupta Also directs: CDC Data Centre Private Limited, NMDC Data Centre Private Limited, DDC Data Centre Private Limited and 5 more | Director | 25 Sep 2019 | 7 Years 1 Months | Current |
| Saurabh Bharat Also directs: CDC Data Centre Private Limited, Nidp Developers Private Limited, NMDC Data Centre Private Limited and 5 more | Director | 07 Jan 2025 | 1 Years 10 Months | Current |
Auditor
Yotta Network Services Private Limited is audited by Shridhar & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shridhar & Associates | FY 2024 | 134427W |
Shareholding
The shareholding of Yotta Network Services Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Yotta Network Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹11.63 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2024 | 100991950 | Others | ₹7.53 Cr | Open | |
| 25 Jun 2020 | 100345392 | Others | ₹4.1 Cr | Open |
To see the full charge records of Yotta Network Services Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Yotta Network Services Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2021.
Total deals
2
Rights issue
1
Secondary share transfer
1
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Rights issue | ₹2.5 Cr | Investors: NUI Service Private Limited |
| Dec 2019 | Secondary share transfer | Undisclosed | Buyer: Persipina Developers Private Limited , NUI Service Private Limited Seller: Persipina Developers Private Limited & Yotta Infrastructure Solution LLP, Yotta Infrastructure Solution LLP |
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 Yotta Network Services 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
Yotta Network Services Private Limited has 4 MSME Form 1 returns on record between 2021 and 2024, listing 17 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Domach Technologies (India) Private Limited | |||
| Zenlayer Networks India Private Limited | |||
| Nexgen Integrated Systems Private Limited |
To see the full MSME payment records of Yotta Network Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Yotta Network Services Private Limited has a workforce of 36 employees on its EPFO records as of Dec 17, 2024, across 1 active EPFO establishment.
Employee count
36
Active EPFO establishments
1
Employee growth
-12.2%
GST
Yotta Network Services has 7 GST registrations: 7 active. The first 4 active GSTINs are listed below.
Total GSTINs
7
Active
7
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCY1651M1Z1 | Maharashtra | Active | 13 Nov 2019 |
| 37AABCY1651M1Z0 | Andhra Pradesh | Active | 09 Feb 2021 |
| 33AABCY1651M1Z8 | Tamil Nadu | Active | 25 Mar 2021 |
| 29AABCY1651M1ZX | Karnataka | Active | 23 Apr 2021 |
To see the full GST registrations and return filing status of Yotta Network Services Private Limited, buy the company report.
Recent activity
Yotta Network Services Private Limited has 4 board changes on record since 2019: 4 appointments. The latest: Saurabh Bharat was appointed as Director on 07 Jan 2025.
AGM
Yotta Network Services Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Yotta Network Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Saurabh Bharat was appointed as Director.
Charges
A charge with Others amounted to Rs. 7.53 Cr with Charge ID 100991950 was registered on 27 Sep 2024.
Charges
A charge with Others of Rs. 4.10 Cr registered on 25 Jun 2020 with Charge ID 100345392 was modified on 18 Jul 2023.
Charges
A charge with Others amounted to Rs. 4.10 Cr with Charge ID 100345392 was registered on 25 Jun 2020.
Appointed
Darshan Niranjan Hiranandani was appointed as Nominee Director.
Appointed
Sunil Gupta was appointed as Director.
Appointed
Viral Jayantilal Shah was appointed as Director.
Incorporation
25 Sep 2019
Yotta Network Services Private Limited was registered on 25 Sep 2019 with Roc Mumbai I & aged 7 years 1 month as per MCA records.
News
Frequently asked questions
Yotta Network Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in isp and broadband services, within the telecom industry. It was incorporated on 25 September 2019 (7+ years old) and is registered under CIN U64200MH2019PTC331005.
Yotta Network Services has 4 current directors:
- Darshan Niranjan Hiranandani - Nominee Director
- Viral Jayantilal Shah - Director
- Sunil Gupta - Director
- Saurabh Bharat - Director
The latest financial statements of Yotta Network Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Yotta Network Services is 27AABCY1651M1Z1, registered in Maharashtra. The company has 7 GST registrations in all, of which 7 are active. Other active GSTINs include 37AABCY1651M1Z0 (Andhra Pradesh), 33AABCY1651M1Z8 (Tamil Nadu), 29AABCY1651M1ZX (Karnataka).
The CIN (Corporate Identification Number) of Yotta Network Services is U64200MH2019PTC331005. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yotta Network Services was incorporated on 25 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Yotta Network Services has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2021.
Saurabh Bharat was appointed as Director on 07 Jan 2025. Darshan Niranjan Hiranandani was appointed as Nominee Director on 08 Apr 2020. Sunil Gupta was appointed as Director on 25 Sep 2019. Yotta Network Services has 4 board changes on record in total.
Yotta Network Services has 4 MSME Form 1 returns on record between 2021 and 2024, listing 17 overdue payments to 3 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Yotta Network Services can be reached through the website yotta.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Yotta Network Services is at Unit No. 101 1st Floor Bg House, Lake Boulevard Street Hiranandani Gardens Powai, Mumbai, Maharashtra, India – 400076.
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