Classic Network Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 22 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 310.05 Cr
- Satisfied Charges ₹ 112.44 Cr
- Revenue Growth 56.76%
- Profit Growth 59.74%
- Ebitda 15.98%
- Net Worth 10.58%
- Total Assets 25.22%
About Classic Network
Classic Network Private Limited (CNPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 March 2002 and has a history of 22 years and ten months. Its registered office is in Rajkot, Gujarat, India.
The Corporate was formerly known as Classic Network Limited. The Company is engaged in the Infrastructure And Utilities Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 5.00 Cr.
The company currently has active open charges totaling ₹310.05 Cr. The company has closed loans amounting to ₹112.44 Cr, as per Ministry of Corporate Affairs (MCA) records.
Smitkumar Kaneria, Rameshkumar Kaneria, Ghanshyam Maradia, and Two other members serve as directors at the Company.
Company Details
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Location
Rajkot, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U45201GJ2002PTC040554
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Company No.
040554
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
20 Mar 2002
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Classic Network?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Smitkumar Kaneria
|
Managing Director | 19-Sep-2003 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Rameshkumar Kaneria
|
Director | 20-Mar-2002 | Current |
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Ghanshyam Maradia
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Director | 19-Sep-2003 | Current |
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Pankajkumar Kaneria
|
Director | 15-Jan-2016 | Current |
|
Vishvkumar Kaneria
|
Director | 01-Feb-2020 | Current |
Financial Performance of Classic Network.
Classic Network Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 56.76% increase. The company also saw a substantial improvement in profitability, with a 59.74% increase in profit. The company's net worth Soared by an impressive increase of 10.58%.
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What is the Ownership and Shareholding Structure of Classic Network?
In 2022, Classic Network had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Club Privilege Private LimitedSmitkumar Kaneria is a mutual person
Charges (Loans)
₹310.05 Cr
₹112.44 Cr
Charges Breakdown by Lending Institutions
- Others : 110.64 Cr
- Hdfc Bank Limited : 70.79 Cr
- Oriental Bank Of Commere (Obc) : 60.00 Cr
- Yes Bank Limited : 55.00 Cr
- Axis Bank Limited : 7.33 Cr
- Others : 6.29 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 May 2024 | Others | ₹45.84 Cr | Open |
| 23 Nov 2023 | Hdfc Bank Limited | ₹2.08 M | Open |
| 09 Nov 2023 | Hdfc Bank Limited | ₹1.03 M | Open |
| 09 Nov 2023 | Hdfc Bank Limited | ₹1.03 M | Open |
| 07 Oct 2023 | Others | ₹7.30 Cr | Open |
How Many Employees Work at Classic Network?
Classic Network has a workforce of 11 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Classic Network, 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 Classic Network'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.
