Network Electrodevices Private Limited

Leading distributor of semiconductors, electronic components and subsystems for various industries.

1987 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Network Electrodevices Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.61 M
  • Company Age 37 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.70 Cr
  • Satisfied Charges ₹ 5.00 M
  • Revenue Growth 5.37%
  • Profit Growth 68.15%
  • Ebitda 47.35%
  • Net Worth 78.73%
  • Total Assets 4.36%

About Network Electrodevices

Network Electrodevices Private Limited (NEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 March 1987 and has a history of 37 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Prestige Aluminium Private Limited. 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 2.50 M and a paid-up capital of Rs 0.61 M.

The company currently has active open charges totaling ₹1.70 Cr. The company has closed loans amounting to ₹5.00 M, as per Ministry of Corporate Affairs (MCA) records.

Chandresh Shah, Jatin Gala, and Raj Shah serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    network-india.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27203MH1987PTC042812

  • Company No.

    042812

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Mar 1987

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

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

Board Members (3)

NameDesignationAppointment DateStatus
Chandresh Shah Country flag representing In Director 23-Feb-1997Current
Jatin Gala Country flag representing In Director 31-Mar-2015Current
Raj Shah Country flag representing In Director 01-Apr-2022Current

Financial Performance of Network Electrodevices.

Network Electrodevices Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.37% increase. The company also saw a substantial improvement in profitability, with a 68.15% increase in profit. The company's net worth Soared by an impressive increase of 78.73%.

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
5.37%
Revenue from Operations
5.23%
Total Assets
4.36%
Profit or Loss
68.15%
Net Worth
78.73%
EBITDA
47.35%

What is the Ownership and Shareholding Structure of Network Electrodevices?

In 2022, Network Electrodevices had a promoter holding of 35.71% and a public holding of 64.29%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹17.00 M

Satisfied Charges

₹5.00 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 1.70 Cr

Latest Charge Details

DateLenderAmountStatus
20 Dec 2023Axis Bank Limited₹1.70 CrOpen
23 Aug 2016Citi Bank N.A.₹5.00 MSatisfied

How Many Employees Work at Network Electrodevices?

Unlock and access historical data on people associated with Network Electrodevices, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Network Electrodevices, 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 Network Electrodevices'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 Network Electrodevices

Recent activity within the organization

  • Annual General Meeting

    Network Electrodevices Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Network Electrodevices Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 17.00 M with Charge ID 100877752 was registered on 20 Dec 2023.

    20 Dec 2023

  • Charges

    A charge registered on 23 Aug 2016 via Charge ID 100083711 with Citi Bank N.A. was fully satisfied on 30 May 2022.

    30 May 2022

  • Director Appointment

    Raj Kiran Shah was appointed as a Director was appointed as a Director on 01 Apr 2022 & has been associated with this company since 2 years 10 months .

    01 Apr 2022

  • Charges

    A charge with Citi Bank N.A. amounted to Rs. 5.00 M with Charge ID 100083711 was registered on 23 Aug 2016.

    23 Aug 2016

Frequently asked questions

  • Network Electrodevices Private Limited was incorporated on 06 Mar 1987.

  • The authorized share capital of Network Electrodevices Private Limited is ₹ 2.50 M and paid-up capital is ₹ 0.61 M.

  • Currently 3 directors are associated with Network Electrodevices Private Limited.

    • Chandresh Shivji Shah
    • Jatin Champaklal Gala
    • Raj Kiran Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Network Electrodevices Private Limited is Antop Hill Warehousing Complex Gala No B/12, Ground Floor Vit College Road India, Wadala, Maharashtra, 400037.

  • The corporate identification number (CIN) of Network Electrodevices Private Limited is U27203MH1987PTC042812 and the company number is 042812 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Network Electrodevices Private Limited is https://www.network-india.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Network Electrodevices Private Limited has risen by 5.37%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Network Electrodevices Private Limited has experienced an upsurge of 78.73%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Network Electrodevices Private Limited amount to ₹ 1.70 Cr.

  • The most recent Balance Sheet for Network Electrodevices Private Limited was filed with the ROC on 31 Mar 2024.

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