Net2Source Consulting Limited

Provides accounting, bookkeeping, auditing, tax consultancy, and computer software services for banking and financial industries.

2008 | Delhi (India) | Active
Last Updated: October 24, 2024

Net2Source Consulting Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 16 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 20.84 Cr
  • Satisfied Charges ₹ 9.70 M
  • Revenue Growth 28.85%
  • Profit Growth 96.90%
  • Ebitda 57.23%
  • Net Worth 26.31%
  • Total Assets 12.33%

About Net2Source Consulting

Net2source Consulting Limited (NCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 June 2008 and has a history of 16 years and seven months. Its registered office is in Delhi, 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 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹20.84 Cr. The company has closed loans amounting to ₹9.70 M, as per Ministry of Corporate Affairs (MCA) records.

Ashish Garg, Rajinder Garg, and Manish Goyal serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U74140DL2008PLC180253

  • Company No.

    180253

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Jun 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Information Technology
Business Outsourcing

Who are the key members and board of directors at Net2Source Consulting?

Board Members (3)

Name Designation Appointment Date Status
Manish Goyal Country flag representing In Director 15-Jul-2014 Current
Ashish Garg Country flag representing In Director 23-Sep-2021 Current
Rajinder Garg Country flag representing In Director 08-Feb-2021 Current

Financial Performance of Net2Source Consulting.

Net2Source Consulting Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.85% increase. The company also saw a substantial improvement in profitability, with a 96.9% increase in profit. The company's net worth Soared by an impressive increase of 26.31%.

Graph illustrating revenue growth over time
Graph showing 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
28.85%
Revenue from Operations
28.48%
Total Assets
12.33%
Profit or Loss
96.90%
Net Worth
26.31%
EBITDA
57.23%

What is the Ownership and Shareholding Structure of Net2Source Consulting?

In 2023, Net2Source Consulting had a promoter holding of 100.00%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹208.37 M

Satisfied Charges

₹9.70 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 10.53 Cr
  • Others : 7.68 Cr
  • Standard Chartered Bank : 2.63 Cr

Latest Charge Details

Date Lender Amount Status
21 Oct 2023 Hdfc Bank Limited ₹3.03 M Open
17 Oct 2023 Others ₹7.68 Cr Open
19 Sep 2023 Standard Chartered Bank ₹2.63 Cr Open
26 Jun 2023 Hdfc Bank Limited ₹3.29 M Open
27 Jun 2022 Hdfc Bank Limited ₹8.00 M Open

How Many Employees Work at Net2Source Consulting?

Net2Source Consulting has a workforce of 262 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Net2Source Consulting, 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 Net2Source Consulting'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 Net2Source Consulting

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.03 M with Charge ID 100832595 was registered on 21 Oct 2023.

    21 Oct 2023

  • Charges

    A charge with Others amounted to Rs. 76.80 M with Charge ID 100804257 was registered on 17 Oct 2023.

    17 Oct 2023

  • Annual General Meeting

    Net2Source Consulting Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 26.25 M with Charge ID 100801884 was registered on 19 Sep 2023.

    19 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.29 M with Charge ID 100762485 was registered on 26 Jun 2023.

    26 Jun 2023

  • Balance Sheet

    Net2Source Consulting Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

Frequently asked questions

  • Net2Source Consulting Limited was incorporated on 30 Jun 2008.

  • The authorized share capital of Net2Source Consulting Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with Net2Source Consulting Limited.

    • Ashish Garg
    • Rajinder Kumar Garg
    • Manish Goyal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Net2Source Consulting Limited is B-66 Vivek Vihar Phase-I, - India, Delhi, 110095.

  • The corporate identification number (CIN) of Net2Source Consulting Limited is U74140DL2008PLC180253 and the company number is 180253 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Net2Source Consulting Limited is https://www.net2source.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Net2Source Consulting Limited has risen by 28.85%.

  • As Per 2023 financial reports, 262 employees are currently employed by Net2Source Consulting Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Net2Source Consulting Limited has experienced an upsurge of 26.31%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Net2Source Consulting Limited amount to ₹ 20.84 Cr.

  • The most recent Balance Sheet for Net2Source Consulting Limited was filed with the ROC on 31 Mar 2023.

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