About Firefly E-Ventures Limited
Data last updated:
Firefly E-Ventures Limited was a public limited company based in New Delhi, Delhi, India, operated as a subsidiary of Earthstone Holding (Two) Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the review and ratings platforms segment of the internet and digital services sector. It was incorporated on 11 June 2007.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL2007PLC164566. Its GSTIN is 07AAFCM1042C2Z2 (Delhi). The company held 3 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹60 Cr and a paid-up capital of ₹12.43 Lakh. It was formerly known as Medialab Web Solutions Limited. It was led by directors including Piyush Gupta and Anup Sharma.
Its last annual general meeting (AGM) was held on 21 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Hindustan Times House 18 – 20 Kasturba Gandhi Marg, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2020, the company reported a revenue of ₹20.46 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹28,000 (net margin -1.4%) and EBITDA of -₹23,000 (EBITDA margin -1.1%). Revenue has declined at a compounded annual rate (CAGR) of 35% over three years and 58% over five years.
The company had about 1 employee on its provident fund (EPFO) records before it was dissolved.
Court records list 8 cases involving the company, including 8 filed by the company; 1 case is pending.
The last known website on record is htmedia.in.
Company details
Contact details
Firefly E-Ventures Limited's registered office is in New Delhi, Delhi. Its website is htmedia.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressHindustan Times House 18 – 20 Kasturba Gandhi Marg, New Delhi, Delhi, India – 110001
- IndustryInternet, Review & Ratings Platforms, Online Education & Learning Platforms, Online Job Portals
To see the full contact details of Firefly E-Ventures 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
Financials of Firefly E-Ventures Limited
FY 2020 filings availableFirefly E-Ventures Limited reported revenue of ₹20.46 Lakh (up 307% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 307% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 58%. EBITDA rose 91% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | -₹23,000 | ||||
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| Net Profit (PAT) | -₹28,000 | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | -1.1% | ||||
| Net Profit Margin | -1.4% | ||||
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To see the full financial statements and ratios of Firefly E-Ventures Limited, buy the company report.
Board of directors of Firefly E-Ventures Limited
Firefly E-Ventures has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyush Gupta | Director | 16 Aug 2017 | 9 Years 2 Months | As last reported |
| Anup Sharma | Director | 04 Mar 2020 | 6 Years 7 Months | As last reported |
| Pervez Diniar Bajan Also directs: HT Noida (Company) Limited | Director | 24 Feb 2020 | 6 Years 8 Months | As last reported |
Peer comparison
Firefly E-Ventures Limited is compared with the 10 companies closest to it by revenue in the Ecommerce and Internet industry (Consumer Review and Ratings, Education, Job Portals), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Assb Education Private Limited | ₹20.66 Lakh (FY 2021) | 25.0% | Rohtak, Haryana, India | |||
| Ramyam Overseas Education and Visa Services Private Limited | ₹20.64 Lakh (FY 2024) | 25.0% | Chennai, Tamil Nadu, India | |||
| Helix Biogenesis Private Limited | ₹20.53 Lakh (FY 2024) | 18.0% | Delhi, India | |||
| Sahil Education & Publication Private Limited | ₹20.5 Lakh (FY 2021) | -10.0% | Delhi, India | |||
| NDT Education and Consultancy Private Limited | ₹20.46 Lakh (FY 2025) | 407.0% | Bhilai, Chhattisgarh, India | |||
| Firefly E-Ventures Limitedthis company | ₹20.46 Lakh (FY 2020) | -₹28,000 | -1.4% | 307.0% | 1 | New Delhi, Delhi, India |
| Intechgrator Education Private Limited | ₹20.45 Lakh (FY 2025) | Bhubaneswar, Odisha, India | ||||
| Harbour Education Consultancy Private Limited | ₹20.43 Lakh (FY 2025) | 45.0% | Dehradun, Uttarakhand, India | |||
| Apeejay Education Foundation | ₹20.39 Lakh (FY 2025) | 973.0% | Delhi, India | |||
| Design World Education Private Limited | ₹20.39 Lakh (FY 2025) | 16.0% | Adambakkam, Tamil Nadu, India | |||
| Airrath Institute of Education & Aviation Training Private Limited | ₹20.39 Lakh (FY 2018) | -4.0% | New Delhi, Delhi, India |
To see the full peer comparison of Firefly E-Ventures Limited, buy the company report.
Auditor
Firefly E-Ventures Limited is audited by M R K S AND ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M R K S AND ASSOCIATES | FY 2019 | 023711N |
Shareholding
The shareholding of Firefly E-Ventures Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Firefly E-Ventures Limited, buy the company report.
Legal cases
Firefly E-Ventures Limited has 8 court cases on record: 8 filed by Firefly E-Ventures. 1 case is pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 0 | 0 |
| District courts | 1 | 0 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CO.APPL.(M)) | Filed by the company against HT Media Ltd | Disposed |
| District court, New Delhi, Delhi | Civil suit | Filed by the company against The Indian Institute of Planning and Management | Pending |
| High Court of Delhi | Writ petition | Filed by the company against Employee State Insurance Corporation and Anr | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against The Indian Insititute of Planning & Management | Disposed |
| High Court of Delhi | Court case (CO.PET.) | Filed by the company | Disposed |
To see the full case history of Firefly E-Ventures 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 Firefly E-Ventures Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Firefly E-Ventures Limited has a workforce of 1 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Firefly E-Ventures has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCM1042C2Z2 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Firefly E-Ventures Limited, buy the company report.
Recent activity
Firefly E-Ventures Limited has 16 board changes on record since 2015: 3 appointments and 13 cessations. The latest: Anup Sharma ceased to be Additional Director on 21 Sep 2020.
7 earlier events are in the company report.
News
Frequently asked questions
Firefly E-Ventures has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Firefly E-Ventures was a public limited company based in New Delhi, Delhi, India. The company worked in review and ratings platforms, within the internet industry. It was incorporated on 11 June 2007 and is registered under CIN U74140DL2007PLC164566. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Firefly E-Ventures was incorporated on 11 June 2007. It is registered with the Registrar of Companies, Delhi.
Firefly E-Ventures had 3 directors:
- Piyush Gupta - Director
- Anup Sharma - Director
- Pervez Diniar Bajan - Director
The CIN (Corporate Identification Number) of Firefly E-Ventures is U74140DL2007PLC164566. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Firefly E-Ventures is at Hindustan Times House 18 – 20 Kasturba Gandhi Marg, New Delhi, Delhi, India – 110001.
Firefly E-Ventures can be reached through the website htmedia.in. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Firefly E-Ventures on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 21 September 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Firefly E-Ventures is 07AAFCM1042C2Z2, registered in Delhi. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
Firefly E-Ventures operated in the internet industry, in the review and ratings platforms segment.
The peers of Firefly E-Ventures by revenue are Assb Education Private Limited, Ramyam Overseas Education and Visa Services Private Limited, Helix Biogenesis Private Limited, Sahil Education & Publication Private Limited, NDT Education and Consultancy Private Limited and 5 more, all in the Ecommerce and Internet industry (Consumer Review and Ratings, Education, Job Portals).