Reddy Business Network Foundation

Business networking and development platform with partnerships in farming and IT solutions.

2017 | Hyderabad, Telangana (India) | Active
Last Updated: December 16, 2024

Reddy Business Network Foundation Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 7 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth %
  • Profit Growth -11075.35%
  • Ebitda -1751.30%
  • Net Worth -86.67%
  • Total Assets -66.18%

About Reddy Business Network Foundation

Reddy Business Network Foundation (RBNF) is a Private Not For Profit Company incorporated in India on 06 December 2017 (Seven years and one month 27 days old ). Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Internet 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 1.00 M and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Venkateshwara Kolanu and Vinitreddy Kolanu serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999TG2017NPL121035

  • Company No.

    121035

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    06 Dec 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Internet
Business Outsourcing

Who are the key members and board of directors at Reddy Business Network Foundation?

Board Members (2)

Name Designation Appointment Date Status
Venkateshwara Kolanu Country flag representing In Director 06-Dec-2017 Current
Vinitreddy Kolanu Country flag representing In Additional Director 26-Aug-2022 Current

Financial Performance of Reddy Business Network Foundation.

Reddy Business Network Foundation, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 11075.35% decrease in profit. The company's net worth observed a substantial decline by a decrease of 86.67%.

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
Revenue from Operations
Total Assets
-66.18%
Profit or Loss
-11075.35%
Net Worth
-86.67%
EBITDA
-1751.30%

What is the Ownership and Shareholding Structure of Reddy Business Network Foundation?

In 2019, Reddy Business Network Foundation had a promoter holding of 100.00%. 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 Reddy Business Network Foundation?

Unlock and access historical data on people associated with Reddy Business Network Foundation, 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 Reddy Business Network Foundation, 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 Reddy Business Network Foundation'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 Reddy Business Network Foundation

Recent activity within the organization

  • Annual General Meeting

    Reddy Business Network Foundation last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Reddy Business Network Foundation has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Director Appointment

    Vinitreddy Kolanu was appointed as a Additional Director was appointed as a Additional Director on 26 Aug 2022 & has been associated with this company since 2 years 5 months .

    26 Aug 2022

  • Director Appointment

    Venkateshwara Reddy Kolanu was appointed as a Director was appointed as a Director on 06 Dec 2017 & has been associated with this company since 7 years 1 month .

    06 Dec 2017

  • Company Incorporation

    Reddy Business Network Foundation was registered on 06 Dec 2017 with Roc Hyderabad & aged 7 years 1 month as per MCA records.

    06 Dec 2017

Frequently asked questions

  • Reddy Business Network Foundation was incorporated on 06 Dec 2017.

  • The authorized share capital of Reddy Business Network Foundation is ₹ 1.00 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Reddy Business Network Foundation.

    • Venkateshwara Reddy Kolanu
    • Vinitreddy Kolanu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Reddy Business Network Foundation is 2-2-116/7/9/A New Nallakunta, Tilak Nagar India, Hyderabad, Telangana, 500044.

  • The corporate identification number (CIN) of Reddy Business Network Foundation is U74999TG2017NPL121035 and the company number is 121035 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Reddy Business Network Foundation is https://www.reddybusinessnetwork.com

  • The financial reports for the fiscal year 2020 indicates that The net worth of Reddy Business Network Foundation has experienced an downturn of -86.67%.

  • The most recent Balance Sheet for Reddy Business Network Foundation was filed with the ROC on 31 Mar 2024.

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