Brandscale Innovations Private Limited
About Brandscale Innovations Private Limited
Data last updated:
Brandscale Innovations Private Limited is a private limited company based in Nagpur, Maharashtra, India, a subsidiary of Nodwin Gaming 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 online electronics retail segment of the e-commerce sector. It was incorporated on 14 October 2021.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2021PTC369514. Its GSTIN is 27AAKCB2257R1Z1 (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.71 Lakh. It is led by directors including Ekansh Arora and Nishit Satyendra Sharma.
Its last annual general meeting (AGM) was held on 27 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Plot No 10 Buty Layout Vijay Nagar, Nagpur, Maharashtra, India – 440013.
As per the financials filed for FY 2023, the company reported a revenue of ₹83.97 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.38 Cr (net margin -4%) and EBITDA of ₹89.8 Lakh (EBITDA margin 1.1%).
The company has about 95 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Business Standard. As per MCA filings, the company has open charges of ₹33.13 Cr and satisfied charges of ₹18.05 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 3 cases are pending. The company has 3 deals on record (2 funding rounds, 1 debt financing), with disclosed funding of ₹28.79 Cr; the latest was in March 2024.
Company details
Contact details
Brandscale Innovations Private Limited's registered office is in Nagpur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No 10 Buty Layout Vijay Nagar, Nagpur, Maharashtra, India – 440013
- IndustryE-Commerce, Online Electronics Retail
To see the full contact details of Brandscale Innovations 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
Brands
Brandscale Innovations operates one associated brand: Business Standard. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Production and publishing of newspaper in niche print | business-standard.com |
Business activity
The main business activity of Brandscale Innovations is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Brandscale Innovations Private Limited, buy the company report.
Financials of Brandscale Innovations Private Limited
FY 2023 filings availableBrandscale Innovations Private Limited reported revenue of ₹83.97 Cr (up 2647% YoY) for FY 2023.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹83.97 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹89.8 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹3.38 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 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 1.1% | |
| Net Profit Margin | -4% | |
| 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 Brandscale Innovations Private Limited, buy the company report.
Board of directors of Brandscale Innovations Private Limited
Brandscale Innovations has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ekansh Arora Also directs: Comic Con India Private Limited, Beam Me Up Travels Private Limited, Trinity Gaming India Private Limited and 4 more | Director | 22 Apr 2022 | 4 Years 6 Months | As last reported |
| Nishit Satyendra Sharma Also directs: Brandscale Technologies LLP | Director | 14 Oct 2021 | 5 Years 0 Months | As last reported |
| Vijay Venkateswaran | Director | 03 Jan 2022 | 4 Years 9 Months | As last reported |
| Divyesh Nareshkumar Desai Also directs: Trend Electronics Limited | Irp/Rp/Liquidator | 21 May 2025 | 1 Years 5 Months | As last reported |
Auditor
Brandscale Innovations Private Limited is audited by RGMG & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RGMG & Associates | FY 2023 | 0140769W |
Shareholding
The shareholding of Brandscale Innovations Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Brandscale Innovations Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 2023 | 100882602 | Others | ₹25 Cr | Open | |
| 25 May 2023 | 100814824 | Others | ₹2 Cr | Open | |
| 04 Apr 2023 | 100712893 | Others | ₹3 Cr | Open | |
| 13 Dec 2022 | 100713843 | Others | ₹1.13 Cr | Open | |
| 14 Nov 2022 | 100713841 | Others | ₹2 Cr | Open |
To see the full charge records of Brandscale Innovations Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Brandscale Innovations Private Limited has 3 deals on record (2 funding rounds, 1 debt financing), with disclosed funding of ₹28.79 Cr; the latest was in March 2024.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Debt financing | ₹75 Lakh | Investors: Karnation Fund I |
| May 2023 | Funding round | ₹8.02 Cr | Investors: Nodwin Gaming Private Limited |
| Apr 2022 | Funding round | ₹20.02 Cr | Investors: Nodwin Gaming Private Limited , Nazara Technologies Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Brandscale Innovations Private Limited has 5 court cases on record: 5 filed against it. 3 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 2 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Purple Petal Invest Private Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Jana Small Finance Bank Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ugro Capital Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Incred Financial Services Ltd | Disposed |
| High Court of Karnataka | Court case (CRL.P) | Filed against the company by an individual | Pending |
To see the full case history of Brandscale Innovations 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 Brandscale Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Brandscale Innovations Private Limited has a workforce of 95 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Brandscale Innovations has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCB2257R1Z1 | Maharashtra | Active | 21 Nov 2021 |
| 06AAKCB2257R1Z5 | Haryana | Active | 09 Jun 2022 |
| 09AAKCB2257R1ZZ | Uttar Pradesh | Active | 08 Aug 2022 |
To see the full GST registrations and return filing status of Brandscale Innovations Private Limited, buy the company report.
Recent activity
Brandscale Innovations Private Limited has 8 board changes on record since 2021: 4 appointments and 4 cessations. The latest: Divyesh Nareshkumar Desai was appointed as Irp/Rp/Liquidator on 21 May 2025.
9 earlier events are in the company report.
Frequently asked questions
Brandscale Innovations 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.
Brandscale Innovations is a company under insolvency, formerly operating as a private limited company based in Nagpur, Maharashtra, India. The company works in online electronics retail, within the e-commerce industry. It was incorporated on 14 October 2021 and is registered under CIN U51909MH2021PTC369514. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Brandscale Innovations has 4 current directors:
- Ekansh Arora - Director
- Nishit Satyendra Sharma - Director
- Vijay Venkateswaran - Director
- Divyesh Nareshkumar Desai - Irp/Rp/Liquidator
The latest financial statements of Brandscale Innovations on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 27 September 2023. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Brandscale Innovations is U51909MH2021PTC369514. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Brandscale Innovations has open charges of ₹33.13 Cr and satisfied charges of ₹18.05 Cr as per latest MCA filings.
Brandscale Innovations has 5 court cases on record: 5 filed against it. 3 are pending. Most are in the district courts.
Brandscale Innovations was incorporated on 14 October 2021. It is registered with the Registrar of Companies, Mumbai.
Brandscale Innovations has 3 deals on record (2 funding rounds, 1 debt financing), with disclosed funding of ₹28.79 Cr; the latest was in March 2024.
Divyesh Nareshkumar Desai was appointed as Irp/Rp/Liquidator on 21 May 2025. Ekansh Arora ceased to be Additional Director on 02 May 2022. Manish Agarwal ceased to be Additional Director on 02 May 2022. Brandscale Innovations has 8 board changes on record in total.
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