DECCAN DIGITAL NETWORKS PRIVATE LIMITED

    Deccan Digital Networks Private Limited is a Non-govt company, incorporated on 16 Jan, 2006. It's a private unlisted company and is classified as'company limited by shares'.

    Company's authorized capital stands at Rs 230000.01 lakhs and has 77.73672% paid-up capital which is Rs 178794.46 lakhs. Deccan Digital Networks Private Limited last annual general meet (AGM) happened on 17 Oct, 2017. The company last updated its financials on 31 Mar, 2017 as per Ministry of Corporate Affairs (MCA).

    Deccan Digital Networks Private Limited is majorly in $ business from last 18 years and currently, company operations are active. Current board members & directors are SUNEETA REDDY, BOMMI NARASIMHAVIJAY TARUN REDDY and LAI CHOON FOONG .

    Deccan Digital Networks Private Limited registered address is Opus Centre, 47, Central Road, Opposite Tunga Paradise, MIDC, Andheri East Mumbai City MH 400093 IN.

    Deccan Digital Networks Private Limited Details

    CINU64202MH2006PTC288655
    Date of Incorporation16 Jan, 2006
    StatusActive
    Company CategoryCompany limited by Shares
    Company Sub-categoryNon-govt company
    Company ClassPrivate
    Authorized Capital230000.01 lakhs
    Paid-up Capital178794.46 lakhs
    Paid-up Capital %77.73672
    Registrar Office CityMumbai
    Registration Number288655
    Listing StatusUnlisted
    AGM last held on17 Oct, 2017
    Balance Sheet last updated on31 Mar, 2017

    Deccan Digital Networks Private Limited News

    • Mobikwik's Rs 572 crore IPO saw strong investor interest on its first day, being subscribed 7.3 times. Retail investors led the charge, bidding for 27 times their allocated quota. The company plans to use the proceeds for business growth and lending partner guarantees.

      By October 2023, 75% of all retail digital payments in India were through UPI, according to a study titled Open Banking and Digital Payments: Implications for Credit Access. A 10% increase in UPI transactions led to a 7% rise in credit availability, reflecting how digital financial histories enabled lenders to assess borrowers better, the report said.

      Unified Payment Interface is India's leading digital payment platform. Payments through digital means in India are hitting fresh highs, as its citizens are increasingly adopting the emerging modes of transacting on the internet. Among others, a key emphasis of the Indian government has been on ensuring that the benefits of UPI are not limited to India only; other countries, too, benefit from it.

      Permanent Account Number: As PAN 2.0 is going to be digital with the option to take physical PAN, will you still need to spend money for getting PAN 2.0 physical card? ​CA Ankit Jain says: "Based on current experience, digital PAN is accepted at entry points of airports, hotels, trains etc. Digital PANs are also accepted while applying for GST registration, Director Identification Number, Company Registration, etc."

      Goldman Sachs' blockchain-based technology platform will become "industry owned" and is expected to be implemented within the next 12 to 18 months. Banks have long shown interest in using blockchain technology for trading assets such as cash and bonds. However, implementing it on a large scale would require a major overhaul of the technology infrastructure underpinning financial markets.

    * Ministry of Corporate Affairs, 2019, Company/LLP Data, (Government of India administrative body to govern and regulate corporate affairs through the Companies Act 1956 & 2013 including other allied Acts, Bills and Rules) http://www.mca.gov.in/, Updated as on 04 Dec, 2018.

    Please Note: Data on this page may not be updated vis-à-vis company’s current credentials.

    The Economic Times

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