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Planet Marathi Seller Services Private Limited - internet in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹51.59 Cr
▲ 200% YoY
Net profit · FY 2023
₹97.38 Lakh
Net margin 1.9%
EBITDA · FY 2023
₹2.91 Cr
EBITDA margin 5.6%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹15.96 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
37
Provident fund records
Directors on board
2
As per MCA filings
About Planet Marathi Seller Services Private Limited
Data last updated:
Planet Marathi Seller Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the online streaming platforms segment of the internet and digital services sector. It was incorporated on 17 July 2020.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93000MH2020PTC342101. Its GSTIN is 27AALCP2643Q1ZQ (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹15.96 Lakh. It is led by directors Akshay Vilas Bardapurkar and Sagar Shridhar Joshi.
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 2nd Floor Sunrise Tower MIDC Marol Andheri East Mumbai – 400093, Maharashtra, India – 400093.
As per the financials filed for FY 2023, the company reported a revenue of ₹51.59 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹97.38 Lakh (net margin 1.9%) and EBITDA of ₹2.91 Cr (EBITDA margin 5.6%).
The company has about 37 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Planet Marathi and Planet Marathi. Court records list 29 cases involving the company, including 1 filed by the company and 28 filed against it; 19 cases are pending. The company has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹56.4 Cr; the latest was in July 2024.
The last known website on record is planetmarathi.com.
Company details
CIN U93000MH2020PTC342101
Registration Number 342101
Incorporation Date 17 July 2020
ROC Mumbai
Listing Status Unlisted
Company Status Under CIRP
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Planet Marathi Seller Services
Contact details
Planet Marathi Seller Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is planetmarathi.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address2nd Floor Sunrise Tower MIDC Marol Andheri East Mumbai – 400093, Maharashtra, India – 400093
- IndustryInternet, Online Streaming Platforms
To see the full contact details of Planet Marathi Seller Services Private Limited, buy the company report.
Comprehensive company report
Planet Marathi Seller Services Private Limited - one report that includes everything
- 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
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Brands
Planet Marathi Seller Services operates two associated brands: Planet Marathi and Planet Marathi. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Subscription-based OTT platform for Marathi content is offered. | planetmarathi.org | |
| Media platform for Marathi cultural content and digital services. | planetmarathi.com |
Business activity
The main business activity of Planet Marathi Seller Services is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Planet Marathi Seller Services Private Limited, buy the company report.
Financials of Planet Marathi Seller Services Private Limited
FY 2023 filings availablePlanet Marathi Seller Services Private Limited reported revenue of ₹51.59 Cr (up 200% YoY) for FY 2023.
Revenue · FY 2023
₹51.59 Cr ▲ 200%
Net profit · FY 2023
₹97.38 Lakh margin 1.9%
EBITDA · FY 2023
₹2.91 Cr margin 5.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 200%
EBITDA CAGR growth
1 year
▲ 146%
Revenue rose 200% in the latest year. EBITDA rose 146% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹51.59 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹2.91 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹97.38 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 5.6% | ||
| Net Profit Margin | 1.9% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Planet Marathi Seller Services Private Limited, buy the company report.
Board of directors of Planet Marathi Seller Services Private Limited
Planet Marathi Seller Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Directors (as last reported)
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sagar Shridhar Joshi Also directs: Autoicare Innovation Private Limited, Abpl India Nidhi Limited, Ambaram Dream Builders and Developers Private Limited and 2 more | Additional Director | 14 Apr 2025 | 1 Years 7 Months | As last reported |
| Akshay Vilas Bardapurkar Also directs: Planet Bharat Media Private Limited | Director | 20 Jul 2023 | 3 Years 3 Months | As last reported |
Auditor
Planet Marathi Seller Services Private Limited is audited by MOHANDAS&CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MOHANDAS&CO. | FY 2023 | 106529W |
Shareholding
The shareholding of Planet Marathi Seller Services Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Planet Marathi Seller Services Private Limited, buy the company report.
Deals & funding
Planet Marathi Seller Services Private Limited has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹56.4 Cr; the latest was in July 2024.
Total deals
6
Funding rounds
3
Secondary share transfers
2
Rights issue
1
Disclosed funding
₹56.4 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2024 | Funding round | ₹41.78 Cr | Investors: A & MA Capital USA |
| Feb 2024 | Funding round | ₹9.11 Cr | Investors: 3 individuals |
| Oct 2021 | Funding round | ₹5.52 Cr | Investors: Vistas Media Capital |
| May 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2021 | Rights issue | ₹10 Lakh | Investors: an individual |
To see the full deal history of Planet Marathi Seller Services 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
Planet Marathi Seller Services Private Limited has 29 court cases on record: 1 filed by Planet Marathi Seller Services, 28 filed against it. 19 cases are pending and 10 are disposed.
Total cases
29
Filed by the company
1
Filed against the company
28
Pending
19
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 27 | 26 | 19 |
| High courts | 1 | 1 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Times Strategic Solutions Limited Through Their Authorized Representative Anis A Kazi | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by M/S HDFC Bank Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed against the company by Entertainment Network India Ltd Through Its Authorised Person Darshan Sohin Gandhi | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Verse Innovation Pvt Ltd. | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Ver Se Innovation Private Limited | Pending |
To see the full case history of Planet Marathi Seller Services 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 Planet Marathi Seller Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Planet Marathi Seller Services Private Limited has a workforce of 37 employees on its EPFO records as of Nov 2022, across 1 active EPFO establishment.
Employee count
37
Active EPFO establishments
1
Employee growth
8.8%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2022-23 | 37 |
| FY 2021-22 |
To see the full employee and EPFO history of Planet Marathi Seller Services Private Limited, buy the company report.
GST
Planet Marathi Seller Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCP2643Q1ZQ | Maharashtra | Active | 15 Aug 2020 |
To see the full GST registrations and return filing status of Planet Marathi Seller Services Private Limited, buy the company report.
Recent activity
Planet Marathi Seller Services Private Limited has 10 board changes on record since 2020: 6 appointments and 4 cessations. The latest: Sagar Shridhar Joshi was appointed as Additional Director on 14 Apr 2025.
Appointed
Sagar Shridhar Joshi was appointed as Additional Director.
Ceased
Venkataramanan Deepak ceased to be Director.
Ceased
Dhaval Jaysukhlal Shah ceased to be Director.
Appointed
Venkataramanan Deepak was appointed as Director.
Ceased
Anitya Vilekar ceased to be Director.
Ceased
Soumya Vilekar ceased to be Director.
AGM
Planet Marathi Seller Services Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Appointed
Akshay Vilas Bardapurkar was appointed as Director.
Appointed
Dhaval Jaysukhlal Shah was appointed as Director.
Filing
Planet Marathi Seller Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Appointed
Anitya Vilekar was appointed as Director.
Appointed
Soumya Vilekar was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Planet Marathi Seller Services is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Planet Marathi Seller Services is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in online streaming platforms, within the internet industry. It was incorporated on 17 July 2020 and is registered under CIN U93000MH2020PTC342101. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Planet Marathi Seller Services has 2 current directors:
- Sagar Shridhar Joshi - Additional Director
- Akshay Vilas Bardapurkar - Director
The latest financial statements of Planet Marathi Seller Services 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 2021 are in the company report.
The CIN (Corporate Identification Number) of Planet Marathi Seller Services is U93000MH2020PTC342101. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Planet Marathi Seller Services has 29 court cases on record: 1 filed by the company and 28 filed against it. 19 are pending. Most are in the district courts.
Planet Marathi Seller Services was incorporated on 17 July 2020. It is registered with the Registrar of Companies, Mumbai.
Planet Marathi Seller Services has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹56.4 Cr; the latest was in July 2024.
Sagar Shridhar Joshi was appointed as Additional Director on 14 Apr 2025. Venkataramanan Deepak ceased to be Director on 14 Apr 2025. Dhaval Jaysukhlal Shah ceased to be Director on 21 May 2024. Planet Marathi Seller Services has 10 board changes on record in total.
Yes, Planet Marathi Seller Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
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