About MPC News Private Limited
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MPC News Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the television and radio broadcasting segment of the media and publishing sector. It was incorporated on 28 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2016PTC165232. Its GSTIN is 27AAKCM4178Q1ZK (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Devi Viren Shetty and Sambhav Lakhpatraj Mehta.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Office No 8 Bld No 2, Pune City Pune (M Corp.), Maharashtra, India – 411019.
As per the financials filed for FY 2021, the company reported a revenue of ₹10.74 Lakh, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹78,866 (net margin -7.3%) and EBITDA of -₹77,736 (EBITDA margin -7.2%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years.
The company is associated with 1 brand: MPC News. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mpcnews.in.
Company details
Contact details
MPC News Private Limited's registered office is in Pune, Maharashtra. Its website is mpcnews.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressOffice No 8 Bld No 2, Pune City Pune (M Corp.), Maharashtra, India – 411019
- IndustryMedia and Publishing, Television & Radio Broadcasting
To see the full contact details of MPC News 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
MPC News operates one associated brand: MPC News. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An online platform delivering news content. | mpcnews.in |
Financials of MPC News Private Limited
FY 2023 filings availableMPC News Private Limited reported revenue of ₹10.74 Lakh (down 52% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 26% over three years, including a 52% fall 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹10.74 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹77,736 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹78,866 | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -7.2% | ||||
| Net Profit Margin | -7.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of MPC News Private Limited, buy the company report.
Board of directors of MPC News Private Limited
MPC News has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devi Viren Shetty | Director | 24 Jun 2024 | 2 Years 4 Months | Current |
| Sambhav Lakhpatraj Mehta Also directs: Sambhav and Alpesh Imf LLP | Director | 02 May 2024 | 2 Years 5 Months | Current |
| Lakhpatraj Sampatraj Mehta | Director | 02 Apr 2023 | 3 Years 6 Months | Current |
Shareholding
The shareholding of MPC News Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of MPC News Private Limited, buy the company report.
Legal cases
MPC News Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (S) | Filed against the company | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company | Pending |
To see the full case history of MPC News 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 MPC News Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
MPC News has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCM4178Q1ZK | Maharashtra | Active | 05 Sep 2017 |
To see the full GST registrations and return filing status of MPC News Private Limited, buy the company report.
Recent activity
MPC News Private Limited has 10 board changes on record since 2023: 3 appointments and 7 cessations. The latest: Anil Vasant Katale ceased to be Director on 09 Oct 2024.
1 earlier event is in the company report.
Frequently asked questions
MPC News is an active private limited company based in Pune, Maharashtra, India. The company works in television and radio broadcasting, within the media and publishing industry. It was incorporated on 28 June 2016 (10+ years old) and is registered under CIN U74999PN2016PTC165232.
MPC News has 3 current directors:
- Devi Viren Shetty - Director
- Sambhav Lakhpatraj Mehta - Director
- Lakhpatraj Sampatraj Mehta - Director
The latest financial statements of MPC News on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2017 are in the company report.
The GSTIN of MPC News is 27AAKCM4178Q1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of MPC News is U74999PN2016PTC165232. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MPC News has 2 court cases on record: 2 filed against it. 2 are pending.
MPC News was incorporated on 28 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.
Anil Vasant Katale ceased to be Director on 09 Oct 2024. Hrushikesh Venkatesh Tapshalkar ceased to be Director on 09 Oct 2024. Rahul Rajendra Gawade ceased to be Director on 09 Oct 2024. MPC News has 10 board changes on record in total.
MPC News can be reached through the website mpcnews.in. Its registered office is in Pune, Maharashtra, India.
The registered office of MPC News is at Office No 8 Bld No 2, Pune City Pune M Corp., Maharashtra, India – 411019.