About Ags Entertainment Network Private Limited
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Ags Entertainment Network Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the exhibition and trade show organizers segment of the events and entertainment sector. It was incorporated on 21 November 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U92100TN2008PTC069938. Its GSTIN is 33AAHCA4015H1Z5 (Tamil Nadu).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.45 Cr. It was formerly known as Ags Cinemas Private Limited. It is led by directors including Kalpathi Subramaniam Ganesh and Kalpathi Subramanian Suresh.
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 No.24 Accesshouse Firstfloor Judgejambulingamroad Mylapore, Chennai, Tamil Nadu, India – 600004.
As per the financials filed for FY 2024, the company reported a revenue of ₹78.92 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹3.95 Cr (net margin 5%) and EBITDA of ₹11.1 Cr (EBITDA margin 14.1%). Revenue has grown at a compounded annual rate (CAGR) of 131% over three years and 3% over five years.
The company has about 288 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹55.71 Cr and satisfied charges of ₹187.97 Cr on record. Court records list 37 cases involving the company, including 18 filed by the company and 19 filed against it; 7 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 agscinemas.com.
Company details
Contact details
Ags Entertainment Network Private Limited's registered office is in Chennai, Tamil Nadu. Its website is agscinemas.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.24 Accesshouse Firstfloor Judgejambulingamroad Mylapore, Chennai, Tamil Nadu, India – 600004
- IndustryEvents and Entertainment, Exhibition & Trade Show Organizers
To see the full contact details of Ags Entertainment Network 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
Business activity
The main business activities of Ags Entertainment Network are arts, entertainment and recreation and trade. In detail, this covers creative, arts and entertainment activities and retail trading. 2 activity segments are registered with the MCA.
| 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 | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Ags Entertainment Network Private Limited, buy the company report.
Financials of Ags Entertainment Network Private Limited
FY 2024 filings availableAgs Entertainment Network Private Limited reported revenue of ₹78.92 Cr (down 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 50% 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 | ₹11.1 Cr | ||||
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| Net Profit (PAT) | ₹3.95 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 14.1% | ||||
| Net Profit Margin | 5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ags Entertainment Network Private Limited, buy the company report.
Board of directors of Ags Entertainment Network Private Limited
Ags Entertainment Network has 6 directors on record. No former directors are listed.
Peer comparison
Ags Entertainment Network Private Limited is compared with the 3 companies closest to it by revenue in the Events and Entertainment industry (Entertainment, Exhibitions), with the same principal business activity (creative, arts and entertainment activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Seventy Seven Entertainment Private Limited | ₹84.38 Cr (FY 2024) | 62.0% | Mumbai, Maharashtra, India | |||
| Ags Entertainment Network Private Limitedthis company | ₹78.92 Cr (FY 2024) | ₹3.95 Cr | 5% | -7.0% | 288 | Chennai, Tamil Nadu, India |
| Tribevibe Entertainment Private Limited | ₹78.78 Cr (FY 2025) | 99.0% | Mumbai, Maharashtra, India | |||
| Primeshow Entertainment Private Limited | ₹76.87 Cr (FY 2024) | 53216.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Ags Entertainment Network Private Limited, buy the company report.
Auditor
Ags Entertainment Network Private Limited is audited by Deloitte Haskins & Sells for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells | FY 2022 | 008072S |
Shareholding
The shareholding of Ags Entertainment Network 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 Ags Entertainment Network Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jan 2025 | 101043837 | Hdfc Bank Limited | ₹16.5 Lakh | Open | |
| 31 Dec 2024 | 101037358 | Hdfc Bank Limited | ₹1.27 Cr | Open | |
| 29 Nov 2024 | 101035017 | Axis Bank Limited | ₹46.79 Cr | Open | |
| 02 Apr 2024 | 100917503 | Others | ₹6 Cr | Open | |
| 10 Aug 2023 | 100777848 | Hdfc Bank Limited | ₹1.49 Cr | Open |
To see the full charge records of Ags Entertainment Network Private Limited, buy the company report.
Total charge records: 19 View all charges
Legal cases
Ags Entertainment Network Private Limited has 37 court cases on record: 18 filed by Ags Entertainment Network, 19 filed against it. 7 cases are pending and 30 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 31 | 13 | 6 |
| District courts | 5 | 5 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 37)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Salem, Tamil Nadu | Civil suit | Filed against the company by individuals | Pending |
| Madras High Court | Appeal | Filed against the company by Tamil Nadu Generation and Distribution Corporation Ltd, | Pending |
| Madras High Court | Interim or miscellaneous application | Filed against the company by Tamil Nadu Generation and Distribution Corporation Ltd, | Pending |
| Madras High Court | Appeal | Filed against the company | Pending |
| Madras High Court | Civil suit | Filed against the company | Pending |
To see the full case history of Ags Entertainment Network 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
Ags Entertainment Network Private Limited has 8 MSME Form 1 returns on record between 2019 and 2024, listing 353 overdue payments to 36 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 36)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Saffron Management Solutions | |||
| Ags Entertainment Network Private Limited | |||
| Tina Foods | |||
| Avt Gavia Foods Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Ags Entertainment Network Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ags Entertainment Network Private Limited has a workforce of 288 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Ags Entertainment Network has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCA4015H1Z5 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ags Entertainment Network Private Limited, buy the company report.
Recent activity
Ags Entertainment Network Private Limited has 6 board changes on record since 2008: 6 appointments. The latest: Kalpathi Archana was appointed as Director on 03 Sep 2015.
35 earlier events are in the company report.
Frequently asked questions
Ags Entertainment Network is an active private limited company based in Chennai, Tamil Nadu, India. The company works in exhibition and trade show organizers, within the events and entertainment industry. It was incorporated on 21 November 2008 (18+ years old) and is registered under CIN U92100TN2008PTC069938.
Ags Entertainment Network has 6 current directors:
- Kalpathi Subramaniam Ganesh - Director
- Kalpathi Subramanian Suresh - Director
- Kalpathi Subramanyam Aghoram - Director
- Koorapati Praveen Kumar - Director
- Ramabhadran Rangarajan - Director
- Kalpathi Archana - Director
The latest financial statements of Ags Entertainment Network 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 Ags Entertainment Network is 33AAHCA4015H1Z5, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Ags Entertainment Network is U92100TN2008PTC069938. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ags Entertainment Network has 37 court cases on record: 18 filed by the company and 19 filed against it. 7 are pending. Most are in the high courts.
Ags Entertainment Network was incorporated on 21 November 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Ags Entertainment Network by revenue are Seventy Seven Entertainment Private Limited, Tribevibe Entertainment Private Limited, Primeshow Entertainment Private Limited, all in the Events and Entertainment industry (Entertainment, Exhibitions), with the same principal business activity (creative, arts and entertainment activities).
Kalpathi Archana was appointed as Director on 03 Sep 2015. Koorapati Praveen Kumar was appointed as Director on 12 Mar 2009. Ramabhadran Rangarajan was appointed as Director on 12 Mar 2009. Ags Entertainment Network has 6 board changes on record in total.
Ags Entertainment Network has 8 MSME Form 1 returns on record between 2019 and 2024, listing 353 overdue payments to 36 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Ags Entertainment Network can be reached through the website agscinemas.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Ags Entertainment Network is at No.24 Accesshouse Firstfloor Judgejambulingamroad Mylapore, Chennai, Tamil Nadu, India – 600004.
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