Networth Softtech Limited

IT company providing application development, data center services, financial planning, and software implementation for financial services.

2007 | Mumbai, Maharashtra (India) | Merged
Last Updated: January 17, 2025

Networth Softtech Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 7.18 Cr
  • Company Age 17 Year, 7 Months
  • Last Filing with ROC 31 Mar 2018
  • Revenue Growth -99.40%
  • Profit Growth 49.17%
  • Ebitda 58.52%
  • Net Worth -0.80%
  • Total Assets -1.06%

About Networth Softtech

Networth Softtech Limited (NSL) is Amalgamated company established on 29 Jun 2007 with its office registered at Mumbai, Maharashtra, India and has been running since 17 Year, 7 Months with a paid up capital of 7.18 Cr. According to MCA records, 3 Directors are linked to this company as of 17 Jan 2025.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    networthdirect.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200MH2007PLC172069

  • Company No.

    172069

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Jun 2007

  • Date of AGM

    27 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

Who are the key members and board of directors at Networth Softtech?

Board Members (3)

NameDesignationAppointment DateStatus
Renukka Marwah Country flag representing In Director 23-Oct-2015Current
Ashok Bafna Country flag representing In Director 30-Jul-2016Current
Shailen Shah Country flag representing In Director 30-Jul-2016Current

Financial Performance of Networth Softtech.

Networth Softtech Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 99.4% decrease. The company also saw a substantial improvement in profitability, with a 49.17% increase in profit. The company's net worth dipped by a decrease of 0.8%.

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
-99.40%
Revenue from Operations
Total Assets
-1.06%
Profit or Loss
49.17%
Net Worth
-0.80%
EBITDA
58.52%

What is the Ownership and Shareholding Structure of Networth Softtech?

In 2018, Networth Softtech had a promoter holding of 20.91% and a public holding of 79.09%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Networth Softtech?

Unlock and access historical data on people associated with Networth Softtech, 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 Networth Softtech, 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 Networth Softtech'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 Networth Softtech

Recent activity within the organization

  • Annual General Meeting

    Networth Softtech Limited last Annual general meeting of members was held on 27 Sep 2018 as per latest MCA records.

    27 Sep 2018

  • Balance Sheet

    Networth Softtech Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Mumbai.

    31 Mar 2018

  • Director Appointment

    Ashok Daulatraj Bafna was appointed as a Director was appointed as a Director on 30 Jul 2016 & has been associated with this company since 8 years 6 months .

    30 Jul 2016

  • Director Appointment

    Shailen Ramesh Shah was appointed as a Director was appointed as a Director on 30 Jul 2016 & has been associated with this company since 8 years 6 months .

    30 Jul 2016

  • Director Appointment

    Renukka Marwah was appointed as a Director was appointed as a Director on 23 Oct 2015 & has been associated with this company since 9 years 4 months .

    23 Oct 2015

  • Company Incorporation

    Networth Softtech Limited was registered on 29 Jun 2007 with Roc Mumbai & aged 17 years 7 months as per MCA records.

    29 Jun 2007

Frequently asked questions

  • Networth Softtech Limited was incorporated on 29 Jun 2007.

  • The authorized share capital of Networth Softtech Limited is ₹ 12.00 Cr and paid-up capital is ₹ 7.18 Cr.

  • Currently 3 directors are associated with Networth Softtech Limited.

    • Ashok Daulatraj Bafna
    • Shailen Ramesh Shah
    • Renukka Marwah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Networth Softtech Limited is Office No.901/902 9Th Floor Atlanta Centre Opp.Udyog Bhavan Sonawala Road Goregao N (East), India, Mumbai, Maharashtra, 400063.

  • The corporate identification number (CIN) of Networth Softtech Limited is U72200MH2007PLC172069 and the company number is 172069 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Networth Softtech Limited is https://www.networthdirect.com

  • According to the financial reports for the fiscal year 2018, the revenue trend for Networth Softtech Limited has fallen by -99.40%.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Networth Softtech Limited has experienced an downturn of -0.80%.

  • The most recent Balance Sheet for Networth Softtech Limited was filed with the ROC on 31 Mar 2018.

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