MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TS-02-0085447
Vega Music Private Limited - internet in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹5.61 Cr
▲ 10% YoY
Net loss · FY 2024
₹18.71 Cr
Net margin -333.6%
EBITDA · FY 2024
₹65.18 Lakh
EBITDA margin 11.6%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹1.64 Cr
Issued & subscribed
Company age
15 yrs
Est. 2011
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered
About Vega Music Private Limited
Data last updated:
Vega Music Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Colorchips New Media Limited. It operates in the online music platforms segment of the internet and digital services sector. It was incorporated on 02 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U92190TG2011PTC075768. Its GSTIN is 36AADCV7351D1ZD (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.64 Cr. It is led by directors Saurabh Ramdorai and Srinivasa Sudhish Ramabhotla.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at House No. 8 – 3 – 833/85 & 85A Plot No. 85 Phase 1 Kamalapuri Colony, Hyderabad, Telangana, India – 500073.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.61 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net loss of ₹18.71 Cr (net margin -333.6%) and EBITDA of ₹65.18 Lakh (EBITDA margin 11.6%). Revenue has grown at a compounded annual rate (CAGR) of 188% over three years and 184% over five years.
The company is associated with 1 brand: Vega Music. Court records list 20 cases involving the company, including 8 filed by the company and 12 filed against it; 15 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in January 2018.
Vega Music Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0085447). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vegamusic.in.
Company details
CIN U92190TG2011PTC075768
Registration Number 075768
Incorporation Date 02 August 2011
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Colorchips New Media Limited
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TS-02-0085447
CIN history
Vega Music has one previous CIN (Corporate Identification Number): U92190AP2011PTC075768. The current CIN is U92190TG2011PTC075768, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U92190TG2011PTC075768 | Current |
| U92190AP2011PTC075768 | Previous |
Recognitions & Rankings of Vega Music
Contact details
Vega Music Private Limited's registered office is in Hyderabad, Telangana. Its website is vegamusic.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHouse No. 8 – 3 – 833/85 & 85A Plot No. 85 Phase 1 Kamalapuri Colony, Hyderabad, Telangana, India – 500073
- IndustryInternet, Online Music Platforms
To see the full contact details of Vega Music Private Limited, buy the company report.
Comprehensive company report
Vega Music 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
Vega Music operates one associated brand: Vega Music. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Music and movie curation, channel management, and partnership services in the entertainment industry. | vegamusic.in |
Business activity
The main business activity of Vega Music is arts, entertainment and recreation. In detail, this covers creative, arts and entertainment activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | R1 | Creative, arts and entertainment activities |
To see the full business activity and turnover split of Vega Music Private Limited, buy the company report.
Financials of Vega Music Private Limited
FY 2024 filings availableVega Music Private Limited reported revenue of ₹5.61 Cr (up 10% YoY) for FY 2024.
Revenue · FY 2024
₹5.61 Cr ▲ 10%
Net loss · FY 2024
₹18.71 Cr margin -333.6%
EBITDA · FY 2024
₹65.18 Lakh margin 11.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 188%
5 years · compounded
▲ 184%
EBITDA CAGR growth
1 year
▼ 70%
3 years · compounded
▲ 278%
5 years · compounded
▲ 169%
Revenue has grown at a compounded annual rate (CAGR) of 184% over five years, including 10% growth in the latest year. EBITDA fell 70% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹65.18 Lakh | ||||
| Profit Before Tax | |||||
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| Net Profit (PAT) | -₹18.71 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.6% | ||||
| Net Profit Margin | -333.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Vega Music Private Limited, buy the company report.
Board of directors of Vega Music Private Limited
Vega Music has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurabh Ramdorai Also directs: Colorchips New Media Limited, Varcas EV Solutions Private Limited, Bova Technologies Private Limited and 3 more | Director | 13 Sep 2024 | 2 Years 1 Months | Current |
| Srinivasa Sudhish Ramabhotla Also directs: Sudhish Ramabhotla Ventures LLP, Susira Holdings Private Limited | Director | 22 Dec 2017 | 8 Years 10 Months | Current |
Shareholding
The shareholding of Vega Music Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vega Music Private Limited, buy the company report.
Deals & funding
Vega Music Private Limited has 1 deal on record (1 acquisition); the latest was in January 2018.
Total deals
1
Acquisition
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2018 | Acquisition | Undisclosed | Buyer: Colorchips New Media Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vega Music Private Limited has 20 court cases on record: 8 filed by Vega Music, 12 filed against it. 15 cases are pending and 5 are disposed.
Total cases
20
Filed by the company
8
Filed against the company
12
Pending
15
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 9 | 7 |
| High courts | 8 | 3 | 8 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Ultra Media and Entertainment Private Limited and 1 other | Pending |
| High Court, MAHARASHTRA | Court case (COMIP) | Filed against the company by Ultra Media and Entertainment Private Limited | Pending |
| High Court | Court case (COMIP) | Filed against the company by Shemaroo Entertainment Ltd. | Pending |
| High Court, TELANGANA | Arbitration matter | Filed by the company against Vega Entertainment Private Limited. and 3 others | Pending |
| District court, Hyderabad Central, Telangana | Civil suit | Filed by the company against M/S. Angel Television Private Ltd., and 3 others | Pending |
To see the full case history of Vega 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 Vega Music Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vega Music has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCV7351D1ZD | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vega Music Private Limited, buy the company report.
Recent activity
Vega Music Private Limited has 10 board changes on record since 2013: 2 appointments and 8 cessations. The latest: Saurabh Ramdorai ceased to be Additional Director on 29 Sep 2024.
AGM
Vega Music Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Saurabh Ramdorai ceased to be Additional Director.
Appointed
Saurabh Ramdorai was appointed as Director.
Filing
Vega Music Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Ceased
Murty Vadlamani Venkata Satyanarayana ceased to be Additional Director.
Ceased
Sereelakshmi Rambhotla ceased to be Additional Director.
Ceased
Srinivasa Sudhish Ramabhotla ceased to be Additional Director.
Ceased
Ajay Varma Sayyaparaju ceased to be Director.
Ceased
Sayyaparaju Yamini Raju ceased to be Director.
Appointed
Srinivasa Sudhish Ramabhotla was appointed as Director.
Ceased
Sayyaparaju Vikram Raju ceased to be Director.
Ceased
Radha Krishna Kothapalli ceased to be Director.
1 earlier event is in the company report.
Frequently asked questions
Vega Music is an active private limited company based in Hyderabad, Telangana, India. The company works in online music platforms, within the internet industry. It was incorporated on 02 August 2011 (15+ years old) and is registered under CIN U92190TG2011PTC075768.
Vega Music has 2 current directors:
- Saurabh Ramdorai - Director
- Srinivasa Sudhish Ramabhotla - Director
The latest financial statements of Vega Music on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Vega Music is 36AADCV7351D1ZD, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Vega Music is U92190TG2011PTC075768. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vega Music has 20 court cases on record: 8 filed by the company and 12 filed against it. 15 are pending. Most are in the district courts.
Vega Music was incorporated on 02 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Hyderabad.
Vega Music has 1 deal on record (1 acquisition); the latest was in January 2018.
Saurabh Ramdorai ceased to be Additional Director on 29 Sep 2024. Saurabh Ramdorai was appointed as Director on 13 Sep 2024. Murty Vadlamani Venkata Satyanarayana ceased to be Additional Director on 23 Feb 2024. Vega Music has 10 board changes on record in total.
Yes, Vega Music is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-02-0085447).
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