Classic Network Private Limited

Constructs civil engineering projects, roads, and water supply pipelines for government departments in Gujarat.

2002 | Rajkot, Gujarat (India) | Active
Last Updated:

Classic Network Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 23 Year, 2 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 23 years and two 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

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45201GJ2002PTC040554

  • Company No.

    040554

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Mar 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Infrastructure and Utilities
Company report

Classic Network Private Limited

Explore comprehensive data for Classic Network Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Classic Network?

Executive Team (1)

NameDesignationAppointment DateStatus
Smitkumar Kaneria Country flag representing In Managing Director19-Sep-2003Current

Board Members (4)

NameDesignationAppointment DateStatus
Rameshkumar Kaneria Country flag representing In Director 20-Mar-2002Current
Ghanshyam Maradia Country flag representing In Director 19-Sep-2003Current
Pankajkumar Kaneria Country flag representing In Director 15-Jan-2016Current
Vishvkumar Kaneria Country flag representing In Director 01-Feb-2020Current

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%.

Classic Network revenue growth over time
Classic Network profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
56.76%
Revenue from Operations
56.31%
Total Assets
25.22%
Profit or Loss
59.74%
Net Worth
10.58%
EBITDA
15.98%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹310.05 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
15 May 2024Others₹45.84 CrOpen
23 Nov 2023Hdfc Bank Limited₹2.08 MOpen
09 Nov 2023Hdfc Bank Limited₹1.03 MOpen
09 Nov 2023Hdfc Bank Limited₹1.03 MOpen
07 Oct 2023Others₹7.30 CrOpen

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.

Employee growth trends for Classic Network Private Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Classic Network

Recent activity within the organization

  • Charges

    A charge registered on 30 Mar 2015 via Charge ID 10568402 with State Bank Of India was fully satisfied on 31 Jul 2024.

  • Charges

    A charge with Others amounted to Rs. 45.84 Cr with Charge ID 100938537 was registered on 15 May 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.21 Cr with Charge ID 100827530 was registered on 23 Nov 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100827525 was registered on 09 Nov 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100827526 was registered on 09 Nov 2023.

  • Charges

    A charge with Others amounted to Rs. 7.30 Cr with Charge ID 100796980 was registered on 07 Oct 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Classic Network Private Limited?

    Classic Network Private Limited was incorporated on 20 Mar 2002.

  • What is authorized share capital and paid-up capital of Classic Network Private Limited?

    The authorized share capital of Classic Network Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Who are the current board members & directors of Classic Network Private Limited?

    Currently 5 directors are associated with Classic Network Private Limited.

    • Smitkumar Purushottambhai Kaneria
    • Rameshkumar Purushottambhai Kaneria
    • Ghanshyam Premjibhai Maradia
    • Pankajkumar Purshottam Kaneria
    • Vishvkumar Rameshbhai Kaneria

  • What is the registered address of Classic Network Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Classic Network Private Limited is 202 Arpan Complexopp Swaminarayan Mandir Kalawad Road India, Rajkot, Gujarat, 360001.

  • What is the corporate identification number (CIN) and company number of Classic Network Private Limited?

    The corporate identification number (CIN) of Classic Network Private Limited is U45201GJ2002PTC040554 and the company number is 040554 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Classic Network Private Limited?

    The Official website of Classic Network Private Limited is https://www.classicnetwork.in

  • What has been the recent revenue trend for Classic Network Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Classic Network Private Limited has risen by 56.76%.

  • How many employees does Classic Network Private Limited currently have?

    As Per 2022 financial reports, 11 employees are currently employed by Classic Network Private Limited.

  • What change has been observed in the net worth of Classic Network Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Classic Network Private Limited has experienced an upsurge of 10.58%.

  • What are the total open charges for Classic Network Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Classic Network Private Limited amount to ₹ 310.05 Cr.

  • When was the last Balance Sheet of Classic Network Private Limited filed with the ROC?

    The most recent Balance Sheet for Classic Network Private Limited was filed with the ROC on 31 Mar 2023.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on General Construction Services