Square Network Solutions Private Limited

IT solutions and services for businesses, including hardware servicing and technical support.

2006 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Square Network Solutions Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 5.70 M
  • Company Age 19 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.43 Cr
  • Satisfied Charges ₹ 8.50 M
  • Revenue Growth 37.44%
  • Profit Growth 27.78%
  • Ebitda 137.65%
  • Net Worth 33.74%
  • Total Assets 33.24%

About Square Network Solutions

Square Network Solutions Private Limited (SNSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 February 2006 and has a history of 19 years and one month. Its registered office is in Chennai, Tamil Nadu, 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 6.00 M and a paid-up capital of Rs 5.70 M.

The company currently has active open charges totaling ₹4.43 Cr. The company has closed loans amounting to ₹8.50 M, as per Ministry of Corporate Affairs (MCA) records.

Balaji Ashwin and Parthasarathy Sasikala serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200TN2006PTC059046

  • Company No.

    059046

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Feb 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

What products or services does Square Network Solutions Private Limited offer?

Square Network Solutions Private Limited offers a wide range of products and services, including Office Automation Products & Devices, Scanner, Photo And Design Software, Adobe Software, Inkjet Printer, Canon Inkjet Printer, Printing Machinery & Equipment, Production Printer, Multifunction Printer, Printing Machine.

Who are the key members and board of directors at Square Network Solutions?

Board Members (2)

NameDesignationAppointment DateStatus
Balaji Ashwin Country flag representing In Director 10-Feb-2014Current
Parthasarathy Sasikala Country flag representing In Director 14-Oct-2015Current

Financial Performance of Square Network Solutions.

Square Network Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.44% increase. The company also saw a substantial improvement in profitability, with a 27.78% increase in profit. The company's net worth Soared by an impressive increase of 33.74%.

Square Network Solutions revenue growth over time
Square Network Solutions 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
37.44%
Revenue from Operations
37.65%
Total Assets
33.24%
Profit or Loss
27.78%
Net Worth
33.74%
EBITDA
137.65%

What is the Ownership and Shareholding Structure of Square Network Solutions?

In 2023, Square Network Solutions 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)

Open Charges

₹44.33 M

Satisfied Charges

₹8.50 M

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 2.66 Cr
  • Hdfc Bank Limited : 1.77 Cr

Latest Charge Details

DateLenderAmountStatus
11 Jan 2022Yes Bank Limited₹2.66 CrOpen
06 Feb 2018Hdfc Bank Limited₹1.77 CrOpen
29 Nov 2011Yes Bank Limited₹8.50 MSatisfied

How Many Employees Work at Square Network Solutions?

Square Network Solutions has a workforce of 15 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.

Employee growth trends for Square Network Solutions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Square Network Solutions, 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 Square Network Solutions'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 Square Network Solutions

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Square Network Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 26.60 M with Charge ID 100533687 was registered on 11 Jan 2022.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 17.72 M registered on 06 Feb 2018 with Charge ID 100160908 was modified on 11 Jun 2020.

  • Charges

    A charge registered on 29 Nov 2011 via Charge ID 10322664 with Yes Bank Limited was fully satisfied on 14 Mar 2018.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 17.72 M with Charge ID 100160908 was registered on 06 Feb 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Square Network Solutions Private Limited?

    Square Network Solutions Private Limited was incorporated on 28 Feb 2006.

  • What is authorized share capital and paid-up capital of Square Network Solutions Private Limited?

    The authorized share capital of Square Network Solutions Private Limited is ₹ 6.00 M and paid-up capital is ₹ 5.70 M.

  • Who are the current board members & directors of Square Network Solutions Private Limited?

    Currently 2 directors are associated with Square Network Solutions Private Limited.

    • Balaji Ashwin
    • Parthasarathy Sasikala
  • What is the registered address of Square Network Solutions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Square Network Solutions Private Limited is No. 144 Greams Roadesskay Buildings Thousant Lights India, Chennai, Tamil Nadu, 600006.

  • What is the corporate identification number (CIN) and company number of Square Network Solutions Private Limited?

    The corporate identification number (CIN) of Square Network Solutions Private Limited is U72200TN2006PTC059046 and the company number is 059046 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Square Network Solutions Private Limited?

    The Official website of Square Network Solutions Private Limited is https://www.squarenet.in

  • What has been the recent revenue trend for Square Network Solutions Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Square Network Solutions Private Limited has risen by 37.44%.

  • How many employees does Square Network Solutions Private Limited currently have?

    As Per 2023 financial reports, 15 employees are currently employed by Square Network Solutions Private Limited.

  • What change has been observed in the net worth of Square Network Solutions Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Square Network Solutions Private Limited has experienced an upsurge of 33.74%.

  • What are the total open charges for Square Network Solutions Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Square Network Solutions Private Limited amount to ₹ 4.43 Cr.

  • When was the last Balance Sheet of Square Network Solutions Private Limited filed with the ROC?

    The most recent Balance Sheet for Square Network Solutions Private Limited was filed with the ROC on 31 Mar 2023.

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