Company Intelligence Profile
Excitel Broadband Private Limited
Excitel is a fiber-based ISP/broadband and Wi-Fi service provider operating across 70+ Indian cities, claiming connectivity to over 1 million homes.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Excitel Broadband Private Limited |
|---|---|
| CIN | U63090DL2015PTC277612 |
| PAN | AADCE9043K [Tofler] |
| Status | Active (Compliant), incorporated 05 March 2015. [Tofler, TheCompanyCheck] |
| Listing | Unlisted private limited company; not obtained evidence of any listing. |
| Incorporated | 05 March 2015 [Tofler, TheCompanyCheck] |
| ROC | RoC Delhi [TheCompanyCheck] |
| Sector (NIC) | Telecom / ISP & broadband services; NIC activity described as "Information and communication" [TheCompanyCheck]. Exact NIC code not obtained. |
| Registered address | Plot No. 48, Second Floor, Okhla Industrial Estate, Phase III, South Delhi, New Delhi, Delhi 110020 [Tofler, TheCompanyCheck] |
| Authorized capital | ₹2.0 Crore [Tofler, TheCompanyCheck] |
| Paid-up capital | ₹97.0 Lakh [Tofler, TheCompanyCheck] |
Business Overview
Confirmed- Excitel is a fiber-based ISP/broadband and Wi-Fi service provider operating across 70+ Indian cities, claiming connectivity to over 1 million homes
- Key products include broadband plans, "Cable Cutter" OTT bundling add-ons, "Wifigram" Wi-Fi management, and a customer self-service mobile app
- States peering partnerships with Google/YouTube, Microsoft, Netflix and Akamai. [excitel.com - official site]
Directors
Partial / conflictingConfirmed (partial - DINs not obtained):
- Vivek Raina - Director, appointed 05 Mar 2015 (tenure ~11 yrs 4 months) [TheCompanyCheck]
- Amandeep Singh - Director, appointed 09 Apr 2024 (tenure ~2 yrs 3 months) [TheCompanyCheck]
DIN numbers: not obtained (locked/premium on source; Falconebiz homepage did not surface a direct profile page).
Financials
Partial / conflictingPartial, single-source (TheCompanyCheck), standalone entity-level, FY2023 (year ended 31 Mar 2023):
| Revenue | ₹392.01 Crore (up 32.36% YoY) |
|---|---|
| EBITDA | not obtained (locked behind premium report) |
| PAT/Net Profit | not obtained (locked behind premium report) |
| Net worth | not obtained |
| Borrowings | distinct from operating financials - see Charges section |
| Workforce | ~2,442 employees per EPFO data as of Apr 2024 (down 8.2% YoY) [TheCompanyCheck] |
| Latest filed financial statements | for year ended 31 March 2024; last AGM 30 Sept 2024 [TheCompanyCheck] - but FY2024 P&L figures themselves not obtained |
Standalone vs consolidated: presented as company-level (standalone) figures; no consolidated financials found.
Charges & Loans
Partial / conflictingPartial, single-source (TheCompanyCheck):
| Open charges | ₹10 Lakh - lender: The Hongkong and Shanghai Banking Corporation Limited (HSBC), registered 22 Feb 2023 |
|---|---|
| Satisfied charges | ₹2.3 Crore (lender/date for satisfied charge not specified in source) |
Could not cross-verify via a second source (Tofler charges page not fetched separately); treat as partial pending confirmation.
Legal / Litigation
ConfirmedConfirmed (Indian Kanoon, 134 total search hits, sampled findings):
- Mohd. Saleem vs State Of H.P. (Himachal Pradesh HC, 11 May 2023) - Excitel identified as the ISP in a criminal investigation matter
- Bharti vs State Of Himachal Pradesh (25 May 2023) - same matter type
- Manish Kumar vs State Of Himachal Pradesh (25 May 2023) - same matter type
- Rahul Sharma vs State GNCTD & Ors (Delhi HC, 12 Aug 2025) - Section 91 CrPC notice served on Excitel Broadband Pvt Ltd for KYC/email account details
- Lyca Productions Private Limited vs BSNL (Madras HC, 3 Nov 2022) - Excitel named among multiple ISPs in a content-blocking/injunction matter
- M/S. Five Star Creations LLP vs BSNL (Madras HC, 22 Sep 2022) and M/S. Seven Screen Studio vs BSNL (Madras HC, 22 Sep 2022) - similar ISP-blocking matters
Pattern: Excitel mostly appears as a third-party ISP in KYC/subscriber-identification requests and website-blocking injunction suits, not as a named defendant/plaintiff in commercial litigation of its own, based on sampled results.
Competitors
Partial / conflicting- Partial (general market knowledge, not individually sourced/cited): Jio Fiber (Reliance Jio) - large scale, pan-India
- Airtel Xstream Fiber - large scale, pan-India
- ACT Fibernet - mid-large, strong in South India
- Hathway Cable & Datacom - mid scale
- Spectra (Spectranet) - mid scale, metro-focused
- Tikona/Tata Play Fiber - smaller/niche
- Excitel positions itself as a budget-friendly, fast-growing challenger ISP (~1M+ homes connected) versus these larger incumbents
Frequently Asked Questions
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