Tikona Infinet Profile
Key Indicators
- Authorised Capital ₹ 552.00 Cr
- Paid Up Capital ₹ 318.75 Cr
- Company Age 49 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 1,910.23 Cr
- Revenue Growth 0.05%
- Profit Growth 43.13%
- Ebitda -40.71%
- Net Worth -53.94%
- Total Assets -11.82%
About Tikona Infinet
Tikona Infinet Private Limited (TIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 September 1975 and has a history of 49 years and seven months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Microcomp Pvt 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 552.00 Cr and a paid-up capital of Rs 318.75 Cr.
The company has closed loans amounting to ₹1,910.23 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Tikona Infinet Private Limited India are Mr Shah as Cfo, Mr Iyer as Ceo, and Suchita Mahadik as Company Secretary. Prakash Bajpai, Tarun Kumar, and Sridhar Iyer serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U74899MH1975PTC265837
- Company No.
265837
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Sep 1975
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Telecom
What products or services does Tikona Infinet Private Limited offer?
Tikona Infinet Private Limited offers a wide range of products and services, including Computer and Networking Solutions, Networking Solutions, Broadband Internet Solutions, Colocation Services, Internet Leased Line, Internet Solutions, Email Marketing, Mailing Solutions, Leased Line Connectivity, Conferencing Solutions Services.
Tikona Infinet Private Limited
Explore comprehensive data for Tikona Infinet Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Tikona Infinet?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mr Shah  | CFO | Current | |
| Mr Iyer | CEO | Current | |
| Suchita Mahadik | Company Secretary | 04-Oct-2024 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Tarun Kumar | Director | 04-Sep-2020 | Current |
| Prakash Bajpai | Director | 16-Oct-2017 | Current |
| Sridhar Iyer | Director | 23-Jul-2021 | Current |
Financial Performance of Tikona Infinet.
Tikona Infinet Private Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 0.05% increase. The company also saw a substantial improvement in profitability, with a 43.13% increase in profit. The company's net worth observed a substantial decline by a decrease of 53.94%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Tikona Infinet?
In 2024, Tikona Infinet had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹1,910.23 Cr
Charges Breakdown by Lending Institutions
- Others : 1903.73 Cr
- Icici Bank Limited : 6.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Oct 2016 | Others | ₹1,903.73 Cr | Satisfied |
| 11 Apr 2009 | Icici Bank Limited | ₹6.50 Cr | Satisfied |
How Many Employees Work at Tikona Infinet?
Tikona Infinet has a workforce of 1514 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Tikona Infinet, 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 Tikona Infinet'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 Tikona Infinet
Recent activity within the organization
- Director Appointment
Suchita Gaurav Mahadik was appointed as a Company Secretary was appointed as a Company Secretary on 04 Oct 2024 & has been associated with this company since 7 months 9 days .
- Annual General Meeting
Tikona Infinet Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Balance Sheet
Tikona Infinet Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Sridhar Krishnamoorthy Iyer was appointed as a Director was appointed as a Director on 23 Jul 2021 & has been associated with this company since 3 years 9 months .
- Director Appointment
Tarun Kumar was appointed as a Director was appointed as a Director on 04 Sep 2020 & has been associated with this company since 4 years 8 months .
- Director Appointment
Prakash Chandra Bajpai was appointed as a Director was appointed as a Director on 16 Oct 2017 & has been associated with this company since 7 years 6 months .
Recent News, Updates & Announcement
- Tikona Broadband Offering 200 Mbps Plan at Low Price with Free Installation.
Tikona Broadband, a fast-expanding internet service provider (ISP), is offering its 200 Mbps plan for a very affordable cost..
- Supreme Court Orders Status Quo On Bharti Airtel-Tikona Merger.
The Supreme Court today ordered status quo on the merger between Bharti Airtel Ltd. and Tikona Digital Networks Ltd. for 15 days..
- Supreme Court to Hear Govt's Plea Against Telecom Tribunal's Order on Airtel-Tikona Merger on July 8; Airtel Clarifies Purchase Details, Stock Market Remains Steady.
Govt: "Hey Supreme Court, can you hear our plea against the telecom tribunal's order to not pay Bharti Airtel Rs 1,626.89 crore for the Airtel-Tikona merger? They changed their name to Bharti Digital Networks Pvt. Ltd. and the tribunal stopped us from demanding the money. Can we talk about this on July 8?" Supreme Court: "Sure, let's chat on July 8." Airtel: "Just FYI, we already bought Tikona for Rs 1,600 crore in March 2017. We got their 4G business, broadband spectrum, and 350 sites in five telecom circles. They had a lot of 4G devices in Gujarat, eastern UP, western UP, Rajasthan, and Himachal Pradesh." Stock Market: "Bharti Airtel's shares didn't change much after this news. They closed at Rs 353.40 on the BSE while the Sensex went up 0.06 percent to 39,839.25 points..
- Airtel Acquires Tikona's 4G Business for Rs 1,600 Crore, Ready to Expand Services in 5 Circles.
Airtel has officially acquired Tikona's 4G business, including broadband spectrum and 350 sites, for Rs 1,600 crore. The merger was completed after receiving approval from the National Company Law Tribunal. Tikona had 20 MHz spectrum in 2,300-MHz band in five circles. Airtel is now ready to expand its 4G services in Gujarat, eastern and western UP, Rajasthan, and Himachal Pradesh. #AirtelAcquiresTikona #4GExpansion #BigMove.
Frequently asked questions
What is the Incorporation or founding date of Tikona Infinet Private Limited?
Tikona Infinet Private Limited was incorporated on 15 Sep 1975.
What is authorized share capital and paid-up capital of Tikona Infinet Private Limited?
The authorized share capital of Tikona Infinet Private Limited is ₹ 552.00 Cr and paid-up capital is ₹ 318.75 Cr.
Who are the current board members & directors of Tikona Infinet Private Limited?
Currently 6 directors are associated with Tikona Infinet Private Limited.
- Mr Mehul Shah
- Mr Sridhar Krishnamoorthy Iyer
- Prakash Chandra Bajpai
- Tarun Kumar
- Sridhar Krishnamoorthy Iyer
- Suchita Gaurav Mahadik
What is the registered address of Tikona Infinet Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Tikona Infinet Private Limited is 3A 3Rd Floor Corpora Lbs Marg, Bhandup (W) India, Mumbai, Maharashtra, 400078.
What is the corporate identification number (CIN) and company number of Tikona Infinet Private Limited?
The corporate identification number (CIN) of Tikona Infinet Private Limited is U74899MH1975PTC265837 and the company number is 265837 as per Ministry of Corporate Affairs (MCA).
What is the official website of Tikona Infinet Private Limited?
The Official website of Tikona Infinet Private Limited is https://www.tikona.in
What has been the recent revenue trend for Tikona Infinet Private Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Tikona Infinet Private Limited has risen by 0.05%.
How many employees does Tikona Infinet Private Limited currently have?
As Per 2024 financial reports, 1514 employees are currently employed by Tikona Infinet Private Limited.
What change has been observed in the net worth of Tikona Infinet Private Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Tikona Infinet Private Limited has experienced an downturn of -53.94%.
When was the last Balance Sheet of Tikona Infinet Private Limited filed with the ROC?
The most recent Balance Sheet for Tikona Infinet Private Limited was filed with the ROC on 31 Mar 2024.
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