About News Distill Private Limited
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News Distill Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the media aggregators and platforms segment of the media and publishing sector. It was incorporated on 24 April 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74900TG2015PTC098634. Its GSTIN is 36AAECN9091M1ZS (Telangana).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.12 Cr. It is led by directors including Bhaskar Reddy Konda (Whole-Time Director) and Katireddy Chenna Reddy.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Plot No. 90/A 2nd Floor Gokul Plots V R Colony 90 Feet Road Kphb 9th Phase, Hyderabad, Telangana, India – 500085.
As per the financials filed for FY 2021, the company reported a revenue of ₹48.86 Lakh, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹27.71 Cr and EBITDA of ₹28.33 Cr.
The company has about 37 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: PublicVibe. The company has 19 deals on record (13 funding rounds, 4 rights issues, 1 secondary share transfer), with disclosed funding of ₹10.03 Cr; the latest was in April 2019.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website newsdistill.com.
Company details
Contact details
News Distill Private Limited's registered office is in Hyderabad, Telangana. Its website is newsdistill.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 90/A 2nd Floor Gokul Plots V R Colony 90 Feet Road Kphb 9th Phase, Hyderabad, Telangana, India – 500085
- IndustryMedia and Publishing, Media Aggregators & Platforms
To see the full contact details of News Distill 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
News Distill operates one associated brand: PublicVibe. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An app-based platform is operated for multi-category news delivery. | publicvibe.com |
Business activity
The main business activity of News Distill is professional, scientific and technical. In detail, this covers advertising and market research.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M6 | Advertising and market research |
To see the full business activity and turnover split of News Distill Private Limited, buy the company report.
Financials of News Distill Private Limited
FY 2021 filings availableNews Distill Private Limited reported revenue of ₹48.86 Lakh (up 43% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 43% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
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| EBITDA | ₹28.33 Cr | ||||
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| Net Profit (PAT) | ₹27.71 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of News Distill Private Limited, buy the company report.
Board of directors of News Distill Private Limited
News Distill has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Katireddy Chenna Reddy | Director | 24 Apr 2015 | 11 Years 6 Months | Current |
| Narasimha Reddy Veeramreddy Also directs: Suvaha Labs Private Limited, Natukuri Technologies Private Limited, Flavourheaven LLP and 1 more | Director | 22 Jan 2018 | 8 Years 9 Months | Current |
| Bhaskar Reddy Konda | Whole-Time Director | 28 Dec 2015 | 10 Years 10 Months | Current |
Auditor
News Distill Private Limited is audited by VASIREDDY & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VASIREDDY & ASSOCIATES | FY 2019 | 012325S |
Shareholding
The shareholding of News Distill Private 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 News Distill Private Limited, buy the company report.
Deals & funding
News Distill Private Limited has 19 deals on record (13 funding rounds, 4 rights issues, 1 secondary share transfer), with disclosed funding of ₹10.03 Cr; the latest was in April 2019.
Deals on record (5 of 19)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2019 | Funding round | ₹3.88 Cr | Investors: Indian Angel Network Fund, Anthill Ventures, 2 individuals |
| Feb 2019 | Funding round | ₹3.15 Cr | Investors: 2 individuals |
| Jan 2019 | Funding round | ₹20 Lakh | Investors: an individual |
| Jan 2019 | Funding round | ₹14.7 Lakh | Investors: Anagha Consulting Inc, 3 individuals |
| Apr 2017 | Funding round | ₹98.6 Lakh | Investors: Eitacies Solutions (India) Private Limited , 2 individuals |
To see the full deal history of News Distill 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
No court or tribunal cases involving News Distill Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for News Distill Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
News Distill Private Limited has a workforce of 37 employees on its EPFO records as of Apr 2021, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2021-22 | 37 |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of News Distill Private Limited, buy the company report.
GST
News Distill has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECN9091M1ZS | Telangana | Active | 16 Oct 2017 |
To see the full GST registrations and return filing status of News Distill Private Limited, buy the company report.
Recent activity
News Distill Private Limited has 6 board changes on record since 2015: 3 appointments and 3 cessations. The latest: Narasimha Reddy Veeramreddy ceased to be Additional Director on 03 Jul 2018.
Frequently asked questions
News Distill is an active private limited company based in Hyderabad, Telangana, India. The company works in media aggregators and platforms, within the media and publishing industry. It was incorporated on 24 April 2015 (11+ years old) and is registered under CIN U74900TG2015PTC098634.
News Distill has 3 current directors:
- Bhaskar Reddy Konda - Whole-Time Director
- Katireddy Chenna Reddy - Director
- Narasimha Reddy Veeramreddy - Director
The latest financial statements of News Distill on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2016 are in the company report.
The GSTIN of News Distill is 36AAECN9091M1ZS, registered in Telangana.
The CIN (Corporate Identification Number) of News Distill is U74900TG2015PTC098634. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
News Distill was incorporated on 24 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Hyderabad.
News Distill has 19 deals on record (13 funding rounds, 4 rights issues, 1 secondary share transfer), with disclosed funding of ₹10.03 Cr; the latest was in April 2019.
Narasimha Reddy Veeramreddy ceased to be Additional Director on 03 Jul 2018. Narasimha Reddy Veeramreddy was appointed as Director on 22 Jan 2018. Subbarao Gundimeda ceased to be Director on 22 Jan 2018. News Distill has 6 board changes on record in total.
News Distill can be reached through the website newsdistill.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of News Distill is at Plot No. 90A 2nd Floor Gokul Plots V R Colony 90 Feet Road Kphb 9th Phase, Hyderabad, Telangana, India – 500085.
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