City Network Broadcast Convergence Private Limited
About City Network Broadcast Convergence Private Limited
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City Network Broadcast Convergence Private Limited is a private limited company based in Ludhiana, Punjab, India, a subsidiary of Ads Developers Private Limited. It operates in the television and radio broadcasting segment of the media and publishing sector. It was incorporated on 11 July 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U74940PB1997PTC020224. Its GSTIN is 03AACCC2985P1ZB (Punjab).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹28.25 Lakh. It was formerly known as City Network India Private Limited. It is led by directors Rajwant Singh and Rupinder Singh.
Its last annual general meeting (AGM) was held on 29 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ludhiana, Punjab.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.78 Cr, a decline of 53% compared to the previous year. For the same year it recorded a net loss of ₹3.58 Lakh (net margin -1.3%) and EBITDA of -₹3.19 Lakh (EBITDA margin -1.1%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 11% over five years.
Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
City Network Broadcast Convergence has one previous CIN (Corporate Identification Number): U64204PB1997PTC020224. The current CIN is U74940PB1997PTC020224, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74940PB1997PTC020224 | Current |
| U64204PB1997PTC020224 | Previous |
Contact details
City Network Broadcast Convergence Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCh No. 2 5th Floor Grand Walk Mall Opp. Gurdev Hospital Ferozep, Ur Road, Ludhiana, Punjab, India – 141012
- IndustryMedia and Publishing, Television & Radio Broadcasting
To see the full contact details of City Network Broadcast Convergence Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of City Network Broadcast Convergence is information and communication. In detail, this covers broadcasting and programming activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J4 | Broadcasting and programming activities |
To see the full business activity and turnover split of City Network Broadcast Convergence Private Limited, buy the company report.
Financials of City Network Broadcast Convergence Private Limited
FY 2024 filings availableCity Network Broadcast Convergence Private Limited reported revenue of ₹2.78 Cr (down 53% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 53% fall in the latest year. EBITDA rose 29% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹3.19 Lakh | ||||
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| Net Profit (PAT) | -₹3.58 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -1.1% | ||||
| Net Profit Margin | -1.3% | ||||
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To see the full financial statements and ratios of City Network Broadcast Convergence Private Limited, buy the company report.
Board of directors of City Network Broadcast Convergence Private Limited
City Network Broadcast Convergence has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rupinder Singh Also directs: Jujhar Advertisers Private Limited, Jujhar Railways Private Limited, Jujhar Car Carriers Private Limited and 5 more | Additional Director | 25 Dec 2023 | 2 Years 10 Months | Current |
| Rajwant Singh Also directs: Ludhiana Digital Systems Private Limited, BPL Media Limited, Fateh Communications Private Limited and 2 more | Director | 11 Jul 1997 | 29 Years 3 Months | Current |
Auditor
City Network Broadcast Convergence Private Limited is audited by RAJESH MEHRU & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH MEHRU & CO | FY 2022 | 011715N |
Shareholding
The shareholding of City Network Broadcast Convergence Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of City Network Broadcast Convergence Private Limited, buy the company report.
Legal cases
City Network Broadcast Convergence Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Criminal case | Filed against the company by Media International | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Ms. Indusind Media Communications Ltd | Disposed |
To see the full case history of City Network Broadcast Convergence Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for City Network Broadcast Convergence Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
City Network Broadcast Convergence has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCC2985P1ZB | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of City Network Broadcast Convergence Private Limited, buy the company report.
Recent activity
City Network Broadcast Convergence Private Limited has 7 board changes on record since 1997: 2 appointments and 5 cessations. The latest: Rupinder Singh was appointed as Additional Director on 25 Dec 2023.
Frequently asked questions
City Network Broadcast Convergence is an active private limited company based in Ludhiana, Punjab, India. The company works in television and radio broadcasting, within the media and publishing industry. It was incorporated on 11 July 1997 (29+ years old) and is registered under CIN U74940PB1997PTC020224.
City Network Broadcast Convergence has 2 current directors:
- Rupinder Singh - Additional Director
- Rajwant Singh - Director
The latest financial statements of City Network Broadcast Convergence on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of City Network Broadcast Convergence is 03AACCC2985P1ZB, registered in Punjab.
The CIN (Corporate Identification Number) of City Network Broadcast Convergence is U74940PB1997PTC020224. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
City Network Broadcast Convergence has 2 court cases on record: 2 filed against it. 1 is pending.
City Network Broadcast Convergence was incorporated on 11 July 1997, making it 29+ years old. It is registered with the Registrar of Companies, Chandigarh.
Rupinder Singh was appointed as Additional Director on 25 Dec 2023. Jagjit Singh ceased to be Additional Director on 18 Sep 2018. Yogesh Dutta ceased to be Additional Director on 28 Jun 2018. City Network Broadcast Convergence has 7 board changes on record in total.
The registered office of City Network Broadcast Convergence is at Ch No. 2 5th Floor Grand Walk Mall Opp. Gurdev Hospital Ferozep, Ur Road, Ludhiana, Punjab, India – 141012.
City Network Broadcast Convergence operates in the media and publishing industry, in the television and radio broadcasting segment.
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