Network was incorporated & registered under the Companies Act 1956 in year 1989 and the registered office of the company is at 415, World Trade Centre, Babar Road, New Delhi.
Network Ltd. is a listed company and its shares are listed on one of the reputed & oldest stock exchanges of India 'Bombay Stock Exchange' (BSE). The share capital of the company is Rs 120 million. The company is part of the prominent Appu Ghar Group, which is engaged in the entertainment/amusement and real estate development business.
The company was initially engaged in the business of manufacturing and dealing of all kinds of computers, typewriters, electronic, electric, electro-mechanical and other similar equipments used in the field of communication, office equipment, instrumentation, process control, their components ,accessories, media, assembling and all kinds of instruments and gadgets used for in connection with any of the aforesaid and render consultancy services for software, repair, maintenance and application, programming and system studies and to operate training centers in respect thereof.
The founder promoter of the company Gian Vijeshwar, a Swedish National of Indian origin, can be termed as the 'Father of Indian Amusement Industry'. After working in Germany and Sweden, he returned to India in 1984, and formed International Amusement Limited. He pioneered the concept of amusement park in India by setting up India’s first amusement park 'Appu Ghar' with support of Late Prime Minister, Smt. Indira Gandhi.
The present main promoters / directors are not only just businessmen; they are the men with vision & passion to upgrade the lifestyle of masses, with an ambition to provide the best lifestyle to people in India. This can only be gauged by their individual achievements. They have joined hands with a commitment to provide the best International quality lifestyle products to elite class consumer in India, through their joint venture 'Network Limited'
Set up two state-of-the-art projects in amusement & retail Industry in association with one of the leading developers of the country.
The projects are being developed in consultation with leading consultants of the world like Forrec, City Design Group U.S., ECA2 U.S, Management Resources California, Euro Pools UK , Cini Little USA Bose International USA, Zamperla, Italy & Moser Italy to name a few.
The children's zone of these projects are being developed in association with Cartoon Network and Pogo; both are the TV channels of Turner International that has 67% market shares among the children's channels in India.
Leading Financial Institutions of the country, IDFC & IL&FS have subscribed to the equity of these projects and their combined holding in these projects is about 20%.
One of the associate company of the Group is listed on the leading stock exchange of the country 'Bombay Stock Exchange' and the shares are being regularly traded.
Association with leading lifestyle brand of M/S Swiss Military Hanowa, M/S Wenger SA and M/s Promoshirt Switzerland Alpine Club of Switzerland for being exclusive distributor of all its products/brands throughout the territory of India.
Business area of the company:
As corporate strategy, the Appu Ghar Group is planning to expand its operations to other high-flying states keeping in view the scope of development and spirited demand for entertainment/ retail centers in those states. The company had sent its representation to various state Governments for the development of 'Tourism City' for which it has received a positive response and the communique has reached to its culmination at various places for such development.