Wifi Networks Private Limited

Software development company providing telecom VAS platforms and managed services.

2004 | Bangaluru, Karnataka (India) | Active
Last Updated: December 07, 2024

Wifi Networks Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 20 Year, 7 Months
  • Last Filing with ROC 31 Mar 2021
  • Satisfied Charges ₹ 4.00 Cr
  • Revenue Growth -58.09%
  • Profit Growth -7.34%
  • Ebitda -16.47%
  • Net Worth -10.95%
  • Total Assets -11.20%

About Wifi Networks

Wifi Networks Private Limited (WNPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 June 2004 and has a history of 20 years and seven months. Its registered office is in Bangaluru, Karnataka, India.

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 2021. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company has closed loans amounting to ₹4.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Kiran Inampudi and Nalini Guttumukkala serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2004PTC034096

  • Company No.

    034096

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Jun 2004

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Telecom

What products or services does Wifi Networks Private Limited offer?

Wifi Networks Private Limited offers a wide range of products and services, including Software Development & IT Consultant, Software Consulting Service, Telecom Services, Engg & Maintenance, Television Broadcasting.

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

Executive Team (1)

Name Designation Appointment Date Status
Nalini Guttumukkala Country flag representing In Managing Director 10-Jun-2004 Current

Board Members (1)

Name Designation Appointment Date Status
Kiran Inampudi Country flag representing In Director 10-Jun-2004 Current

Financial Performance of Wifi Networks.

Wifi Networks Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 58.09% decrease. The company also saw a slight decrease in profitability, with a 7.34% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.95%.

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
-58.09%
Revenue from Operations
-61.62%
Total Assets
-11.20%
Profit or Loss
-7.34%
Net Worth
-10.95%
EBITDA
-16.47%

What is the Ownership and Shareholding Structure of Wifi Networks?

In 2019, Wifi Networks had a promoter holding of 47.00% and a public holding of 53.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹4.00 Cr

Charges Breakdown by Lending Institutions

  • Vijaya Bank : 4.00 Cr

Latest Charge Details

Date Lender Amount Status
12 Aug 2009 Vijaya Bank ₹5.00 M Satisfied
09 Jul 2009 Vijaya Bank ₹2.00 Cr Satisfied
31 Oct 2008 Vijaya Bank ₹1.50 Cr Satisfied

How Many Employees Work at Wifi Networks?

Wifi Networks has a workforce of 25 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Wifi 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 Wifi 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 Wifi Networks

Recent activity within the organization

  • Annual General Meeting

    Wifi Networks Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Wifi Networks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.

    31 Mar 2021

  • Charges

    A charge registered on 31 Oct 2008 via Charge ID 10134295 with Vijaya Bank was fully satisfied on 30 Jan 2012.

    30 Jan 2012

  • Charges

    A charge registered on 09 Jul 2009 via Charge ID 10173263 with Vijaya Bank was fully satisfied on 16 Nov 2011.

    16 Nov 2011

  • Charges

    A charge registered on 12 Aug 2009 via Charge ID 10173264 with Vijaya Bank was fully satisfied on 29 Sep 2010.

    29 Sep 2010

  • Charges

    A charge with Vijaya Bank amounted to Rs. 0.50 Cr with Charge ID 10173264 was registered on 12 Aug 2009.

    12 Aug 2009

Recent News, Updates & Announcement

Frequently asked questions

  • Wifi Networks Private Limited was incorporated on 10 Jun 2004.

  • The authorized share capital of Wifi Networks Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.00 Cr.

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

    • Kiran Kumar Inampudi
    • Nalini Mohanaraju Guttumukkala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Wifi Networks Private Limited is Ramanashree Arcade 2Nd Floor No. 18, Mg Road India, Bangalore, Karnataka, 560001.

  • The corporate identification number (CIN) of Wifi Networks Private Limited is U72200KA2004PTC034096 and the company number is 034096 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Wifi Networks Private Limited is https://www.wifinetworks.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Wifi Networks Private Limited has fallen by -58.09%.

  • As Per 2019 financial reports, 25 employees are currently employed by Wifi Networks Private Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Wifi Networks Private Limited has experienced an downturn of -10.95%.

  • The most recent Balance Sheet for Wifi Networks Private Limited was filed with the ROC on 31 Mar 2021.