Absolute Networks Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.20 M
- Company Age 27 Year, 24 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.00 M
- Revenue Growth 57.30%
- Profit Growth 67.23%
- Ebitda 62.68%
- Net Worth 40.95%
- Total Assets 37.97%
About Absolute Networks
Absolute Networks Private Limited (ANPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 January 1998 and has a history of 27 years. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Information Technology Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.20 M.
The company currently has active open charges totaling ₹1.00 M.
Sandip Saraf, Neetu Saraf, Jignesh Shah, and Two other members serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U72100MH1998PTC113099
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Company No.
113099
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
20 Jan 1998
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
What products or services does Absolute Networks Private Limited offer?
Absolute Networks Private Limited offers a wide range of products and services, including Computer Hardware & Network Support, IT Facility Management Services, Computer and Networking Solutions, Networking Solutions, Accounting & Billing Software, Tally Software, Data Recovery Services, Web Development & Marketing Services, Hosting Services, Call Centre & Customer Care Services.
Who are the key members and board of directors at Absolute Networks?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sandip Saraf
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Director | 20-Jan-1998 | Current |
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Jignesh Shah
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Director | 20-Jan-1998 | Current |
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Neetu Saraf
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Director | 07-Jul-2003 | Current |
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Deepal Shah
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Director | 07-Jul-2003 | Current |
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Kushal Shah
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Director | 09-Dec-2022 | Current |
Financial Performance of Absolute Networks.
Absolute Networks Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 57.3% increase. The company also saw a substantial improvement in profitability, with a 67.23% increase in profit. The company's net worth Soared by an impressive increase of 40.95%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Absolute Networks?
In 2022, Absolute Networks had a promoter holding of 80.00% and a public holding of 20.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹1.00 M
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 0.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Feb 2007 | Hdfc Bank Limited | ₹1.00 M | Open |
How Many Employees Work at Absolute Networks?
Unlock and access historical data on people associated with Absolute Networks, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Absolute Networks, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Absolute Networks's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
