Networthsystems Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
as on 04-07-2024
- Paid Up Capital ₹ 5.00 M
as on 04-07-2024
- Company Age 6 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 7.13 Cr
as on 04-07-2024
- Satisfied Charges ₹ 2.00 Cr
as on 04-07-2024
- Revenue 7.81%
(FY 2023)
- Profit -11.62%
(FY 2023)
- Ebitda 6.87%
(FY 2023)
- Net Worth 32.93%
(FY 2023)
- Total Assets 36.42%
(FY 2023)
About Networthsystems
The Company is engaged in the Consumer Electronics & Durables 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 5.00 M and a paid-up capital of Rs 5.00 M.
The company currently has active open charges totaling ₹7.13 Cr. The company has closed loans amounting to ₹2.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Anita Shetty and Bhavani Shetty serve as directors at the Company.
- CIN/LLPIN
U35999KA2018PTC109589
- Company No.
109589
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Jan 2018
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Networthsystems?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bhavani Shetty  | Managing Director | 16-Jan-2018 | Current |
Board Members(1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Anita Shetty | Director | 16-Jan-2018 | Current |
Financial Performance of Networthsystems.
Networthsystems Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.81% increase. The company also saw a substantial fall in profitability, with a 11.62% decrease in profit. The company's net worth Soared by an impressive increase of 32.93%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Networthsystems?
In 2023, Networthsystems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 07 Jul 2021 | ₹4.00 Cr | Open |
Tata Capital Financial Services Limited Creation Date: 27 Apr 2021 | ₹4.95 M | Open |
Tata Capital Financial Services Limited Creation Date: 27 Nov 2019 | ₹2.64 Cr | Open |
How Many Employees Work at Networthsystems?
Networthsystems has a workforce of 189 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 Networthsystems, 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 Networthsystems'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.
