Speedon Network Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
as on 24-10-2024
- Paid Up Capital ₹ 1.55 Cr
as on 24-10-2024
- Company Age 13 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 175.00 Cr
as on 24-10-2024
- Revenue -40.23%
(FY 2023)
- Profit -17.45%
(FY 2023)
- Ebitda 33.60%
(FY 2023)
- Net Worth -83.54%
(FY 2023)
- Total Assets -16.09%
(FY 2023)
About Speedon Network
The Corporate was formerly known as Sterlite Networks Limited. The Company is engaged in the Telecom 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 5.00 Cr and a paid-up capital of Rs 1.55 Cr.
The company has closed loans amounting to ₹175.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Speedon Network Limited India is Alok Mahapatra as CEO. Praveen Cherian, Alok Mahapatra, and Gopal Rastogi serve as directors at the Company.
- CIN/LLPIN
U32202DN2011PLC000373
- Company No.
000373
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
11 Jul 2011
- Date of AGM
30 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Dadra & Nagar Haveli, Dadra & Nagar Haveli, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Speedon Network?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Alok Mahapatra  | CEO | 06-Mar-2017 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Praveen Cherian | Director | 01-Aug-2022 | Current |
| Alok Mahapatra | Director and Ceo | 28-Apr-2020 | Current |
| Gopal Rastogi | Director | 31-Aug-2023 | Current |
Financial Performance and Corporate Structure Insights of Speedon Network.
Speedon Network Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 40.23% decrease. The company also saw a substantial fall in profitability, with a 17.45% decrease in profit. The company's net worth observed a substantial decline by a decrease of 83.54%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Speedon Network?
In 2023, Speedon Network had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Trustee Services Limited Creation Date: 16 Jan 2014 | ₹175.00 Cr | Satisfied |
How Many Employees Work at Speedon Network?
Unlock and access historical data on people associated with Speedon Network, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Speedon Network, 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 Speedon Network'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.
