About Inx Music Private Limited
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Inx Music Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of 9X Media 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 television and radio broadcasting segment of the media and publishing sector. It was incorporated on 15 March 2007.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2007PTC168801. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹7.65 Cr and a paid-up capital of ₹5.81 Cr. It was led by directors including Sandeep Bansal (Managing Director) and Pradeep Guha.
Its last annual general meeting (AGM) was held on 25 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Urmi Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹22.38 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹2.55 Cr (net margin 11.4%) and EBITDA of ₹3.64 Cr (EBITDA margin 16.3%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 7% over five years.
Its group structure included 1 subsidiary.
The company was associated with 2 brands: INX Media and 9X Tashan. Court records list 4 cases involving the company, including 4 filed by the company. The company has 6 deals on record (2 funding rounds, 2 secondary share transfers, 2 acquisitions), with disclosed funding of ₹19.07 Cr; the latest was in September 2016.
The last known website on record is 9xtashan.in.
Company details
Contact details
Inx Music Private Limited's registered office is in Mumbai, Maharashtra. Its website is 9xtashan.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUrmi Corporate Park 5th Floor Solaris – D Opp. L&T Gate No. 6 Saki Vihar Road Po, Wai, Mumbai, Maharashtra, India – 400072
- IndustryMedia and Publishing, Television & Radio Broadcasting
To see the full contact details of Inx Music 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
Brands
Inx Music operates two associated brands: INX Media and 9X Tashan. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Limited information available | inxtv.in | |
| A Punjabi music channel that features songs, interviews, and news. | 9xtashan.in |
Business activity
The main business activity of Inx Music is information and communication. In detail, this covers motion picture, video and television programme production, sound recording and music publishing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J3 | Motion picture, video and television programme production, sound recording and music publishing activities |
To see the full business activity and turnover split of Inx Music Private Limited, buy the company report.
Financials of Inx Music Private Limited
FY 2019 filings availableInx Music Private Limited reported revenue of ₹22.38 Cr (down 7% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 41% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Other Income | |||||
| Total Revenue | ₹22.38 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹3.64 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.55 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.3% | ||||
| Net Profit Margin | 11.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Inx Music Private Limited, buy the company report.
Board of directors of Inx Music Private Limited
Inx Music has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Bansal | Managing Director | 20 Apr 2011 | 15 Years 6 Months | As last reported |
| Pradeep Guha | Director | 16 Sep 2010 | 16 Years 1 Months | As last reported |
| Bhupendra Arjun Makhi | Director | 16 Sep 2010 | 16 Years 1 Months | As last reported |
Auditor
Inx Music Private Limited is audited by S.R. BATLIBOI & ASSOCIATES LLP for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. BATLIBOI & ASSOCIATES LLP | FY 2017 | 103162W/E00006 |
Shareholding
The shareholding of Inx Music Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Inx Music Private Limited, buy the company report.
Deals & funding
Inx Music Private Limited has 6 deals on record (2 funding rounds, 2 secondary share transfers, 2 acquisitions), with disclosed funding of ₹19.07 Cr; the latest was in September 2016.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: 9X Media Private Limited Seller: an individual |
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: 9X Media Private Limited Seller: 9X Media Private Limited |
| Sep 2011 | Acquisition | ₹3.33 Cr | Buyer: 9X Media Private Limited Seller: 9X Media Private Limited |
| Feb 2011 | Funding round | ₹11.07 Cr | Investors: 9X Media Private Limited , an individual |
| Sep 2010 | Acquisition | ₹2.5 Lakh | Buyer: 9X Media Private Limited Seller: 9X Media Private Limited |
To see the full deal history of Inx Music Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Inx Music Private Limited has 4 court cases on record: 4 filed by Inx Music. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against New World Overseas Education Consultants Private Limited and 2 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against New World Overseas Education and 2 others | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company against an individual | Disposed |
To see the full case history of Inx Music 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 Inx Music Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Inx Music has 1 subsidiary company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Paul Entertainments Private Limited | U92190CH2010PTC032556 |
To see the full group structure of Inx Music Private Limited, buy the company report.
GST
Inx Music has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Inx Music Private Limited, buy the company report.
Recent activity
Inx Music Private Limited has 7 board changes on record since 2008: 3 appointments and 4 cessations. The latest: Sandeep Bansal ceased to be Director on 10 Jun 2011.
Frequently asked questions
Inx Music 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.
Inx Music was a private limited company based in Mumbai, Maharashtra, India. The company worked in television and radio broadcasting, within the media and publishing industry. It was incorporated on 15 March 2007 and is registered under CIN U74999MH2007PTC168801. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Inx Music was incorporated on 15 March 2007. It is registered with the Registrar of Companies, Mumbai.
Inx Music had 3 directors:
- Sandeep Bansal - Managing Director
- Pradeep Guha - Director
- Bhupendra Arjun Makhi - Director
The CIN (Corporate Identification Number) of Inx Music is U74999MH2007PTC168801. 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 Inx Music is at Urmi Corporate Park 5th Floor Solaris – D Opp. L&T Gate No. 6 Saki Vihar Road Po, Wai, Mumbai, Maharashtra, India – 400072.
Inx Music can be reached through the website 9xtashan.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Inx Music on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 25 September 2019. Year-wise statements from 2015 are in the company report.
No. Inx Music has 2 GST registrations on record and all of them are cancelled or inactive.
Inx Music operated in the media and publishing industry, in the television and radio broadcasting segment.