Snap Networks Private Limited.

Manufacturer of electrical components and equipment, specializing in home theaters and speakers.

2008 | Bangaluru, Karnataka (India) | Active
Last Updated: November 17, 2024

Snap Networks Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 3.70 M
  • Company Age 16 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 1.00 Cr
  • Revenue Growth 68.97%
  • Profit Growth 99.94%
  • Ebitda -25.21%
  • Net Worth -0.04%
  • Total Assets -1.45%

About Snap Networks

Snap Networks Private Limited. (SNPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 19 May 2008 and has a history of 16 years and eight months. Its registered office is in Bangaluru, Karnataka, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 3.70 M.

The company has closed loans amounting to ₹1.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Narayanan Padinjaredath and Ashish Aggarwal serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2008FTC046469

  • Company No.

    046469

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    19 May 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Snap Networks?

Board Members (2)

Name Designation Appointment Date Status
Ashish Aggarwal Country flag representing Us Director 05-Feb-2009 Current
Narayanan Padinjaredath Country flag representing In Director 19-May-2008 Current

Financial Performance of Snap Networks.

Snap Networks Private Limited., for the financial year ended 2023, experienced significant growth in revenue, with a 68.97% increase. The company also saw a substantial improvement in profitability, with a 99.94% increase in profit. The company's net worth dipped by a decrease of 0.04%.

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
68.97%
Revenue from Operations
Total Assets
-1.45%
Profit or Loss
99.94%
Net Worth
-0.04%
EBITDA
-25.21%

What is the Ownership and Shareholding Structure of Snap Networks?

In 2023, Snap Networks had a promoter holding of 59.80% and a public holding of 40.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 1.00 Cr

Latest Charge Details

Date Lender Amount Status
01 Oct 2010 State Bank Of India ₹1.00 Cr Satisfied

How Many Employees Work at Snap Networks?

Unlock and access historical data on people associated with Snap Networks, 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 Snap Networks, 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 Snap Networks'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 Snap Networks

Recent activity within the organization

  • Annual General Meeting

    Snap Networks Private Limited. last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Snap Networks Private Limited. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge registered on 01 Oct 2010 via Charge ID 10247093 with State Bank Of India was fully satisfied on 21 Feb 2017.

    21 Feb 2017

  • Charges

    A charge with State Bank Of India amounted to Rs. 1.00 Cr with Charge ID 10247093 was registered on 01 Oct 2010.

    01 Oct 2010

  • Director Appointment

    Ashish Dharampal Aggarwal was appointed as a Director was appointed as a Director on 05 Feb 2009 & has been associated with this company since 16 years 3 days .

    05 Feb 2009

  • Director Appointment

    Narayanan Bhattathiripad Kunnathur Padinjaredath was appointed as a Director was appointed as a Director on 19 May 2008 & has been associated with this company since 16 years 8 months .

    19 May 2008

Frequently asked questions

  • Snap Networks Private Limited. was incorporated on 19 May 2008.

  • The authorized share capital of Snap Networks Private Limited. is ₹ 1.00 Cr and paid-up capital is ₹ 3.70 M.

  • Currently 2 directors are associated with Snap Networks Private Limited..

    • Narayanan Bhattathiripad Kunnathur Padinjaredath
    • Ashish Dharampal Aggarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Snap Networks Private Limited. is Shop No. 69 Semi Basement Oxford Towers Kodihalli, Old Airport Road India, Bangalore, Karnataka, 560017.

  • The corporate identification number (CIN) of Snap Networks Private Limited. is U72200KA2008FTC046469 and the company number is 046469 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Snap Networks Private Limited. is https://www.snap-networks.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Snap Networks Private Limited. has risen by 68.97%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Snap Networks Private Limited. has experienced an downturn of -0.04%.

  • The most recent Balance Sheet for Snap Networks Private Limited. was filed with the ROC on 31 Mar 2023.

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