Netcon Technologies India Profile
Key Indicators
- Authorised Capital ₹ 3.50 Cr
- Paid Up Capital ₹ 3.12 Cr
- Company Age 18 Year, 8 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 152.96 Cr
- Satisfied Charges ₹ 6.34 Cr
- Revenue Growth 74.54%
- Profit Growth 1.88%
- Ebitda 33.03%
- Net Worth 12.90%
- Total Assets 54.27%
About Netcon Technologies India
Netcon Technologies India Private Limited (NTIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 March 2007 and has a history of 18 years. Its registered office is in Coimbatore, Tamil Nadu, 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 3.50 Cr and a paid-up capital of Rs 3.12 Cr.
The company currently has active open charges totaling ₹152.96 Cr. The company has closed loans amounting to ₹6.34 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Netcon Technologies India Private Limited India is Bobby Devasia as CEO. Mahalingam Ramasamy, Mahalingam Vadivu, Palanisamy Prabakaran, and One other member serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72200TZ2007PTC013558
- Company No.
013558
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Mar 2007
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Information Technology
What products or services does Netcon Technologies India Private Limited offer?
Netcon Technologies India Private Limited offers a wide range of products and services, including Software Development & IT Consultant, Software Consulting Service, Actuarial & Risk Management, Risk Management Services, Business Planning and Management, Business Consultant, Computer Hardware & Network Support, Data Centre Solution, Data Entry & Data Processing Service, Data Processing.
Who are the key members and board of directors at Netcon Technologies India?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahalingam Ramasamy  | Managing Director | 23-Mar-2007 | Current |
| Bobby Devasia | CEO | 27-Feb-2025 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mahalingam Vadivu | Director | 23-Mar-2007 | Current |
| Palanisamy Prabakaran | Director | 25-Oct-2016 | Current |
| Mohamed Syed | Director | 10-Aug-2018 | Current |
Financial Performance of Netcon Technologies India.
Netcon Technologies India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 74.54% increase. The company also saw a slight improvement in profitability, with a 1.88% increase in profit. The company's net worth Soared by an impressive increase of 12.9%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Netcon Technologies India?
In 2023, Netcon Technologies India had a promoter holding of 76.50% and a public holding of 23.49%. The company had 4 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sicom It Solutions Private LimitedMahalingam Ramasamy and Mohamed Syed are mutual person
Chiefnet Private LimitedMahalingam Ramasamy is a mutual person
- Thiran Hub Private Limited
Mahalingam Ramasamy, Mahalingam Vadivu and 1 more are mutual person
Sacra Systems Private LimitedMahalingam Vadivu is a mutual person
Nexn Communications Private LimitedMahalingam Ramasamy, Mahalingam Vadivu and 1 more are mutual person
Lgb Steel Private LimitedPalanisamy Prabakaran is a mutual person
Charges (Loans)
Open Charges
₹152.96 Cr
Satisfied Charges
₹6.34 Cr
Charges Breakdown by Lending Institutions
- Others : 76.99 Cr
- Axis Bank Limited : 50.70 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 25.00 Cr
- Union Bank Of India : 0.27 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jul 2024 | The Hongkong And Shanghai Banking Corporation Limited | ₹25.00 Cr | Open |
| 28 Jun 2024 | Others | ₹45.00 Cr | Open |
| 08 Feb 2024 | Union Bank Of India | ₹2.70 M | Open |
| 23 Jan 2024 | Others | ₹2.19 Cr | Open |
| 20 Nov 2019 | Others | ₹29.80 Cr | Open |
How Many Employees Work at Netcon Technologies India?
Netcon Technologies India has a workforce of 458 employees as of Apr 05, 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 Netcon Technologies India, 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 Netcon Technologies India'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 Netcon Technologies India
Recent activity within the organization
- Director Appointment
Bobby Mon Devasia was appointed as a Ceo was appointed as a Ceo on 27 Feb 2025 & has been associated with this company since 1 month .
- Charges
A charge with Others of Rs. 2.19 Cr registered on 23 Jan 2024 with Charge ID 100862753 was modified on 19 Feb 2025.
- Charges
A charge registered on 25 Feb 2022 via Charge ID 100540801 with Others was fully satisfied on 27 Jan 2025.
- Charges
A charge registered on 26 Nov 2020 via Charge ID 100389581 with Others was fully satisfied on 03 Oct 2024.
- Annual General Meeting
Netcon Technologies India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 25.00 Cr registered on 23 Jul 2024 with Charge ID 100956805 was modified on 24 Jul 2024.
Frequently asked questions
What is the Incorporation or founding date of Netcon Technologies India Private Limited?
Netcon Technologies India Private Limited was incorporated on 23 Mar 2007.
What is authorized share capital and paid-up capital of Netcon Technologies India Private Limited?
The authorized share capital of Netcon Technologies India Private Limited is ₹ 3.50 Cr and paid-up capital is ₹ 3.12 Cr.
Who are the current board members & directors of Netcon Technologies India Private Limited?
Currently 5 directors are associated with Netcon Technologies India Private Limited.
- Mahalingam Ramasamy
- Mahalingam Senthil Vadivu
- Palanisamy Prabakaran
- Mohamed Asiq Syed
- Bobby Mon Devasia
What is the registered address of Netcon Technologies India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Netcon Technologies India Private Limited is Dvp Buildings Ist Floor Old No 25/1 And New 4 Kalapatti Main Road Civil Aerodrome Post Nehru Nagar West, India, Coimbatore South, Tamil Nadu, 641014.
What is the corporate identification number (CIN) and company number of Netcon Technologies India Private Limited?
The corporate identification number (CIN) of Netcon Technologies India Private Limited is U72200TZ2007PTC013558 and the company number is 013558 as per Ministry of Corporate Affairs (MCA).
What is the official website of Netcon Technologies India Private Limited?
The Official website of Netcon Technologies India Private Limited is https://www.netcon.in
What has been the recent revenue trend for Netcon Technologies India Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Netcon Technologies India Private Limited has risen by 74.54%.
How many employees does Netcon Technologies India Private Limited currently have?
As Per 2023 financial reports, 458 employees are currently employed by Netcon Technologies India Private Limited.
What change has been observed in the net worth of Netcon Technologies India Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Netcon Technologies India Private Limited has experienced an upsurge of 12.90%.
What are the total open charges for Netcon Technologies India Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Netcon Technologies India Private Limited amount to ₹ 152.96 Cr.
When was the last Balance Sheet of Netcon Technologies India Private Limited filed with the ROC?
The most recent Balance Sheet for Netcon Technologies India Private Limited was filed with the ROC on 31 Mar 2024.