Speedon Network Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 1.55 Cr
- Company Age 13 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 175.00 Cr
- Revenue Growth -40.23%
- Profit Growth -17.45%
- Ebitda 33.60%
- Net Worth -83.54%
- Total Assets -16.09%
About Speedon Network
Speedon Network Limited (SNL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 July 2011 and has a history of 13 years and ten months. Its registered office is in Dadra & Nagar Haveli, Dadra & Nagar Haveli, India.
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.
Company Details
- Location
Dadra & Nagar Haveli, Dadra & Nagar Haveli, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Telecom
Speedon Network Limited
Explore comprehensive data for Speedon Network Limited, including financials, compliance details, shareholding patterns, and litigation history.
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 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
- Ratios
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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)
Stl Networks LimitedPraveen Cherian and Gopal Rastogi are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹175.00 Cr
Charges Breakdown by Lending Institutions
- Axis Trustee Services Limited : 175.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Jan 2014 | Axis Trustee Services Limited | ₹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.
Latest Updates, News, and FAQs on Speedon Network
Recent activity within the organization
- Annual General Meeting
Speedon Network Limited last Annual general meeting of members was held on 30 Aug 2024 as per latest MCA records.
- Balance Sheet
Speedon Network Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Director Appointment
Gopal Chandra Rastogi was appointed as a Director was appointed as a Director on 31 Aug 2023 & has been associated with this company since 1 year 8 months .
- Director Appointment
Praveen Cherian was appointed as a Director was appointed as a Director on 01 Aug 2022 & has been associated with this company since 2 years 9 months .
- Director Appointment
Alok Ranjan Mahapatra was appointed as a Director was appointed as a Director on 28 Apr 2020 & has been associated with this company since 5 years 27 days .
- Charges
A charge registered on 16 Jan 2014 via Charge ID 10475211 with Axis Trustee Services Limited was fully satisfied on 14 Aug 2018.
Recent News, Updates & Announcement
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Foselev, a French crane rental and engineering group, made two new acquisitions in the north and Savoie regions. One is Betka, which offers lifting solutions and industrial maintenance. The other is STL, which has a rental fleet of cranes and serves construction and industrial businesses. Foselev also acquired SISE, a welding and fabrication company, to expand in the region. The family-owned company was established in 1979 and is now part of Foselev's industrial division. #FoselevExpands #CraneCrazy #FrenchFleetGoals.
- STL's rated a top ESG performer by MSCI; made significant advances in EcoVadis Sustainability Index.
/PRNewswire/ -- STL [NSE: STLTECH], a leading optical and digital solutions company, today announced that it has significantly improved ESG metrics being....
Frequently asked questions
What is the Incorporation or founding date of Speedon Network Limited?
Speedon Network Limited was incorporated on 11 Jul 2011.
What is authorized share capital and paid-up capital of Speedon Network Limited?
The authorized share capital of Speedon Network Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.55 Cr.
Who are the current board members & directors of Speedon Network Limited?
Currently 4 directors are associated with Speedon Network Limited.
- Praveen Cherian
- Alok Ranjan Mahapatra
- Gopal Chandra Rastogi
- Alok Ranjan Mahapatra
What is the registered address of Speedon Network Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Speedon Network Limited is Survey No. 68/1 Rakholi Village Madhuban Dam Road, Dadra Nagar Haveli India, Silvassa, Dadra & Nagar Haveli, 396230.
What is the corporate identification number (CIN) and company number of Speedon Network Limited?
The corporate identification number (CIN) of Speedon Network Limited is U32202DN2011PLC000373 and the company number is 000373 as per Ministry of Corporate Affairs (MCA).
What is the official website of Speedon Network Limited?
The Official website of Speedon Network Limited is https://www.sterlitetech.com
What has been the recent revenue trend for Speedon Network Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Speedon Network Limited has fallen by -40.23%.
What change has been observed in the net worth of Speedon Network Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Speedon Network Limited has experienced an downturn of -83.54%.
When was the last Balance Sheet of Speedon Network Limited filed with the ROC?
The most recent Balance Sheet for Speedon Network Limited was filed with the ROC on 31 Mar 2024.
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