About Azalia Distribution Private Limited
Data last updated:
Azalia Distribution Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Wavelength Television Private Limited. 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 retail trading segment of the trading and commerce sector. It was incorporated on 17 August 2010.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74990MH2010PTC206706. Its GSTIN is 27AAECB2295B1ZY (Maharashtra).
The company has an authorised share capital of ₹145 Cr and a paid-up capital of ₹143.56 Cr. It was formerly known as Big Cbs Networks Private Limited and Azalia Distribution and Television Private Limited. It is led by directors including Chandra Prakash Jain (Irp/Rp/Liquidator) and Ganesh Atmaram Pawde.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹80,543, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹25.83 Cr and EBITDA of -₹1.07 Lakh (EBITDA margin -132.6%). Revenue has declined at a compounded annual rate (CAGR) of 60% over three years and 47% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹386.5 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.
The last known website on record is bigcbs.com.
Company details
Name history
Azalia Distribution has undergone 2 name changes throughout its history. The company was previously known as Big Cbs Networks Private Limited, and Azalia Distribution And Television Private Limited. The current legal name is Azalia Distribution Private Limited.
| Company Name | Status |
|---|---|
| Azalia Distribution Private Limited | Current |
| Big Cbs Networks Private Limited | Previous |
| Azalia Distribution And Television Private Limited | Previous |
Contact details
Azalia Distribution Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressUnit No. 503 5th Floor Arc Plaza Industrial Estate 48 Oshiwara Village Jogeshwari, (West), Mumbai, Maharashtra, India – 400102
- IndustryTrading, Retail Trading, Retailers
To see the full contact details of Azalia Distribution 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
Financials of Azalia Distribution Private Limited
FY 2021 filings availableAzalia Distribution Private Limited reported revenue of ₹80,543 (up 1034% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 47% over five years. EBITDA rose 30% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹80,543 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.07 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹25.83 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -132.6% | ||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Azalia Distribution Private Limited, buy the company report.
Board of directors of Azalia Distribution Private Limited
Azalia Distribution has 3 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganesh Atmaram Pawde Also directs: Funongo Media & Entertainment LLP, Raspalfa Services Private Limited, Media Capital Company (India ) Private Limited and 5 more | Additional Director | 09 Sep 2024 | 2 Years 1 Months | As last reported |
| Govindan Ramaswami Kaundar | Additional Director | 09 Sep 2024 | 2 Years 1 Months | As last reported |
| Chandra Prakash Jain Also directs: Truue Ipe LLP, Schnik Tradelink Private Limited, Camel Technologies Private Limited and 1 more | Irp/Rp/Liquidator | 27 Sep 2024 | 2 Years 0 Months | As last reported |
Auditor
Azalia Distribution Private Limited is audited by SHRIDHAR & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHRIDHAR & ASSOCIATES | FY 2021 | 134427W |
Shareholding
The shareholding of Azalia Distribution Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Azalia Distribution Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 2019 | 100262055 | Others | ₹175 Cr | Open | |
| 05 Nov 2018 | 100230532 | Others | ₹90 Cr | Open | |
| 19 Oct 2018 | 100233734 | Others | ₹121.5 Cr | Open |
Total charge records: 3 View all charges
Legal cases
Azalia Distribution Private Limited has 3 court cases on record: 3 filed by Azalia Distribution. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
| Bombay High Court | Company petition | Filed by the company against M/S.Titian Media and Communication Pvt.Ltd. | Disposed |
To see the full case history of Azalia Distribution 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 Azalia Distribution Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Azalia Distribution Private Limited has a workforce of 1 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Azalia Distribution has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECB2295B1ZY | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Azalia Distribution Private Limited, buy the company report.
Recent activity
Azalia Distribution Private Limited has 26 board changes on record since 2010: 3 appointments and 23 cessations. The latest: Chandra Prakash Jain was appointed as Irp/Rp/Liquidator on 27 Sep 2024.
20 earlier events are in the company report.
Frequently asked questions
Azalia Distribution 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.
Azalia Distribution is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in retail trading, within the trading industry. It was incorporated on 17 August 2010 and is registered under CIN U74990MH2010PTC206706. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Azalia Distribution has 3 current directors:
- Ganesh Atmaram Pawde - Additional Director
- Govindan Ramaswami Kaundar - Additional Director
- Chandra Prakash Jain - Irp/Rp/Liquidator
The latest financial statements of Azalia Distribution 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Azalia Distribution is U74990MH2010PTC206706. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Azalia Distribution has open charges of ₹386.5 Cr and no satisfied charges on record as per latest MCA filings.
Azalia Distribution has 3 court cases on record: 3 filed by the company.
Azalia Distribution was incorporated on 17 August 2010. It is registered with the Registrar of Companies, Mumbai.
Chandra Prakash Jain was appointed as Irp/Rp/Liquidator on 27 Sep 2024. Ganesh Atmaram Pawde was appointed as Additional Director on 09 Sep 2024. Govindan Ramaswami Kaundar was appointed as Additional Director on 09 Sep 2024. Azalia Distribution has 26 board changes on record in total.
Azalia Distribution can be reached through the website bigcbs.com. Its registered office is in Mumbai, Maharashtra, India.