About Broadcast Initiatives Limited CN
Data last updated:
Broadcast Initiatives Limited CN is a public limited company based in Mumbai, Maharashtra, India. It operates in the television and radio broadcasting segment of the media and publishing sector. It was incorporated on 04 February 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L92130MH2004PLC144371. The company has 3 GST registrations on record, none of which is active. It is recorded as listed by MCA, but its shares were delisted from NSE on 30 May 2018 · compulsory delisting and from BSE on 11 May 2018 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹25.31 Cr. It was formerly known as Broadcast Initiatives Limited. It is led by directors including Poonam Chandrashekhar Naik and Vishal Belapurkar.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2015, the company reported a revenue of ₹12.17 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹53.51 Cr (net margin -439.6%) and EBITDA of -₹46.96 Cr (EBITDA margin -385.8%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years.
The company is associated with 1 brand: Broadcast Initiatives. As per MCA filings, the company has satisfied charges of ₹19.45 Cr on record. Court records list 41 cases involving the company, including 1 filed by the company and 40 filed against it; 13 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website liveindia.tv.
Company details
Name history
Broadcast Initiatives Limited CN has undergone 4 name changes throughout its history. The current legal name is Broadcast Initiatives Limited Cn.
| Company Name | Status |
|---|---|
| Broadcast Initiatives Limited CN | Current |
| Broadcast Initiatives Limited Cn | Previous |
| Broadcast Initiatives Limited | Previous |
| Sab Samachaar Limited | Previous |
| Sri Adhikari Brothers News And Television Network Limited | Previous |
CIN history
Broadcast Initiatives Limited CN has one previous CIN (Corporate Identification Number): U92130MH2004PLC144371. The current CIN is L92130MH2004PLC144371, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L92130MH2004PLC144371 | Current |
| U92130MH2004PLC144371 | Previous |
Contact details
Broadcast Initiatives Limited CN's registered office is in Mumbai, Maharashtra. Its website is liveindia.tv. Its e-mail address is in the company report.
- Email
- Website
- Registered Address101 Sumer Kendra Society Pandurang Budhkar Marg Near Doordarshan Kendra Behind M & M To, Wer Worli, Mumbai, Maharashtra, India – 400013
- IndustryMedia and Publishing, Television & Radio Broadcasting
To see the full contact details of Broadcast Initiatives Limited CN, 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
Broadcast Initiatives Limited CN operates one associated brand: Broadcast Initiatives. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Satellite TV channels are broadcasted and content is produced. | liveindia.in |
Financials of Broadcast Initiatives Limited CN
FY 2015 filings availableBroadcast Initiatives Limited CN reported revenue of ₹12.17 Cr (down 40% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over three years, including a 40% 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 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹12.17 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹46.96 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹53.51 Cr |
| 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -385.8% |
| Net Profit Margin | -439.6% |
| 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 Broadcast Initiatives Limited CN, buy the company report.
Board of directors of Broadcast Initiatives Limited CN
Broadcast Initiatives Limited CN has 3 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Poonam Chandrashekhar Naik | Director | 26 Dec 2015 | 10 Years 10 Months | Current |
| Vishal Belapurkar | Director | 26 Dec 2015 | 10 Years 10 Months | Current |
| Venkatesh Manikrao Basatwar | Additional Director | 01 Jun 2016 | 10 Years 5 Months | Current |
Auditor
Broadcast Initiatives Limited CN is audited by Ashok Jayesh & Associates for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ashok Jayesh & Associates | FY 2015 | :100655W |
Shareholding
The shareholding of Broadcast Initiatives Limited CN is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Broadcast Initiatives Limited CN, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Apr 2006 | 10002461 | Indian Overseas Bank | ₹13.6 Cr | Satisfied | |
| 11 Jun 2005 | 80002014 | Punjab National Bank | ₹5.85 Cr | Satisfied |
To see the full charge records of Broadcast Initiatives Limited CN, buy the company report.
Total charge records: 2 View all charges
Legal cases
Broadcast Initiatives Limited CN has 41 court cases on record: 1 filed by Broadcast Initiatives Limited CN, 40 filed against it. 13 cases are pending and 28 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 33 | 33 | 12 |
| High courts | 8 | 7 | 1 |
Cases on record (5 of 41)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North, Delhi | Court case (EX. CIVIL) | Filed against the company by Autovikas Sales and Service Pvt. Ltd. | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Planetcast Media Services Ltd | Pending |
| District court, South East, Delhi | Criminal case | Filed against the company by Citycom Networks Pvt Ltd | Pending |
| District court, South, Delhi | Criminal case | Filed against the company by M/S Den Networks Limited | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by M S Vihaan Direct Selling India Private Limited | Pending |
To see the full case history of Broadcast Initiatives Limited CN, 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 Broadcast Initiatives Limited CN; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Broadcast Initiatives Limited CN has 1 associated company. This group structure data is as of FY 2015. The table lists each entity with its relationship and holding.
Employees & EPFO
Broadcast Initiatives Limited CN has 1 active EPFO establishment as of Apr 08, 2024.
GST
Broadcast Initiatives Limited CN has 3 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 Broadcast Initiatives Limited CN, buy the company report.
Recent activity
Broadcast Initiatives Limited CN has 35 board changes on record since 2004: 19 appointments and 16 cessations. The latest: Venkatesh Manikrao Basatwar was appointed as Additional Director on 01 Jun 2016.
31 earlier events are in the company report.
Frequently asked questions
Broadcast Initiatives Limited CN is an active public limited company based in Mumbai, Maharashtra, India. The company works in television and radio broadcasting, within the media and publishing industry. It was incorporated on 04 February 2004 (22+ years old) and is registered under CIN L92130MH2004PLC144371.
Broadcast Initiatives Limited CN has 3 current directors:
- Poonam Chandrashekhar Naik - Director
- Vishal Belapurkar - Director
- Venkatesh Manikrao Basatwar - Additional Director
The latest financial statements of Broadcast Initiatives Limited CN on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Broadcast Initiatives Limited CN has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Broadcast Initiatives Limited CN is L92130MH2004PLC144371. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Broadcast Initiatives Limited CN is recorded as a listed company by MCA, but its shares were delisted from NSE on 30 May 2018 · compulsory delisting and from BSE on 11 May 2018 · compulsory delisting, and no longer trade on a stock exchange.
Broadcast Initiatives Limited CN has 41 court cases on record: 1 filed by the company and 40 filed against it. 13 are pending. Most are in the district courts.
Broadcast Initiatives Limited CN was incorporated on 04 February 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Venkatesh Manikrao Basatwar was appointed as Additional Director on 01 Jun 2016. Manmohan Kapur Singh ceased to be Director on 15 Feb 2016. Satish Kumar Singh ceased to be Whole-Time Director on 11 Feb 2016. Broadcast Initiatives Limited CN has 35 board changes on record in total.
Broadcast Initiatives Limited CN can be reached through the website liveindia.tv. Its registered office is in Mumbai, Maharashtra, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
