Mi-Fi Networks Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 0.71 M
- Company Age 17 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 125.00 Cr
- Revenue Growth 35.01%
- Profit Growth 118.05%
- Ebitda 2784.62%
- Net Worth 4.62%
- Total Assets 0.11%
About Mi-Fi Networks
Mi-Fi Networks Private Limited (MNPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 January 2008 and has a history of 17 years and one month. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Patton Electronics India Private Limited. The Company is engaged in the Telecom 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 2.50 M and a paid-up capital of Rs 0.71 M.
The company has closed loans amounting to ₹125.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Subash Vasudevan, Sunil Menon, and Ramarathinam Sellaratnam serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U52335TN2008PTC065969
- Company No.
065969
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Jan 2008
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Telecom
Who are the key members and board of directors at Mi-Fi Networks?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sunil Menon  | Director | 19-Aug-2022 | Current |
| Subash Vasudevan | Director | 19-Aug-2022 | Current |
| Ramarathinam Sellaratnam | Director | 19-Aug-2022 | Current |
Financial Performance of Mi-Fi Networks.
Mi-Fi Networks Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 35.01% increase. The company also saw a substantial improvement in profitability, with a 118.05% increase in profit. The company's net worth moved up by a moderate rise of 4.62%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Mi-Fi Networks?
In 2019, Mi-Fi Networks 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)
Microsense Wireless Private LimitedSubash Vasudevan, Sunil Menon and 1 more are mutual person
Microsense Software Private LimitedSubash Vasudevan, Sunil Menon and 1 more are mutual person
Microsense Networks Private LimitedSubash Vasudevan, Sunil Menon and 1 more are mutual person
Microsense Private LimitedSubash Vasudevan, Sunil Menon and 1 more are mutual person
Ibus Network And Infrastructure Private LimitedSubash Vasudevan, Sunil Menon and 1 more are mutual person
Ubico Networks Private LimitedSubash Vasudevan, Sunil Menon and 1 more are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹1,250.00 M
Charges Breakdown by Lending Institutions
- Others : 125.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Dec 2022 | Others | ₹125.00 Cr | Satisfied |
How Many Employees Work at Mi-Fi Networks?
Mi-Fi Networks has a workforce of 5 employees as of Apr 09, 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 Mi-Fi 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 Mi-Fi 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.
Latest Updates, News, and FAQs on Mi-Fi Networks
Recent activity within the organization
- Annual General Meeting
Mi-Fi Networks Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 26 Dec 2022 via Charge ID 100658307 with Others was fully satisfied on 19 Apr 2024.
- Balance Sheet
Mi-Fi Networks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Charges
A charge with Others amounted to Rs. 1,250.00 M with Charge ID 100658307 was registered on 26 Dec 2022.
- Director Appointment
Subash Vasudevan was appointed as a Director was appointed as a Director on 19 Aug 2022 & has been associated with this company since 2 years 6 months .
- Director Appointment
Sunil Menon was appointed as a Director was appointed as a Director on 19 Aug 2022 & has been associated with this company since 2 years 6 months .
Frequently asked questions
What is the Incorporation or founding date of Mi-Fi Networks Private Limited?
Mi-Fi Networks Private Limited was incorporated on 07 Jan 2008.
What is authorized share capital and paid-up capital of Mi-Fi Networks Private Limited?
The authorized share capital of Mi-Fi Networks Private Limited is ₹ 2.50 M and paid-up capital is ₹ 0.71 M.
Who are the current board members & directors of Mi-Fi Networks Private Limited?
Currently 3 directors are associated with Mi-Fi Networks Private Limited.
- Subash Vasudevan
- Sunil Menon
- Ramarathinam Sellaratnam
What is the registered address of Mi-Fi Networks Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mi-Fi Networks Private Limited is 4Th Floor Kamak Towers Plot No.12A(Sp) Thiru Vika Industrial Estate, Guindy India, Chennai City Corporation, Tamil Nadu, 600032.
What is the corporate identification number (CIN) and company number of Mi-Fi Networks Private Limited?
The corporate identification number (CIN) of Mi-Fi Networks Private Limited is U52335TN2008PTC065969 and the company number is 065969 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mi-Fi Networks Private Limited?
The Official website of Mi-Fi Networks Private Limited is https://www.mi-fi.com
What has been the recent revenue trend for Mi-Fi Networks Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Mi-Fi Networks Private Limited has risen by 35.01%.
How many employees does Mi-Fi Networks Private Limited currently have?
As Per 2022 financial reports, 5 employees are currently employed by Mi-Fi Networks Private Limited.
What change has been observed in the net worth of Mi-Fi Networks Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Mi-Fi Networks Private Limited has experienced an upsurge of 4.62%.
When was the last Balance Sheet of Mi-Fi Networks Private Limited filed with the ROC?
The most recent Balance Sheet for Mi-Fi Networks Private Limited was filed with the ROC on 31 Mar 2024.
People also Viewed
NK
Nyapati KrishnaAlternate DirectorKS
Kailasanthan SwaminathanDirectorRT
Rajiv TalwarDirectorVC
Vinodh ChandrasekarAdditional DirectorRI
Ram IyerAdditional Director
Similar Companies Based on Telecom Network Support
Syniverse Technologies Services (India) Private Limited Hyderabad, Telangana, India
Infobip India Private Limited Mumbai, Maharashtra, India
Black Box Limited Thane, Maharashtra, India
Gtl Limited Thane, Maharashtra, India
At&T Global Network Services India Private Limited New Delhi, Delhi, India
Nokia Solutions And Networks India Private Limited Delhi, India
Aerial Telecom Solutions Private Limited Rupnagar, Punjab, India
Vis Networks Private Limited Bangaluru, Karnataka, India