Canara Star Communications Private Limited
About Canara Star Communications Private Limited
Data last updated:
Canara Star Communications Private Limited is a private limited company based in Mangalore, Karnataka, India, a subsidiary of Star Cable Infonet Private Limited. It operates in the isp and broadband services segment of the telecommunications sector. It was incorporated on 15 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U32107KA2011PTC057615. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1.8 Cr and a paid-up capital of ₹52.4 Lakh. It was formerly known as Gtpl Canara Star Communications Private Limited. It is led by directors Shankar Subramanya Bhat and Arvind Kumar Mysore Bhaskar.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at # 13/10/1053/31 II Floor Vamanashram Building G H S Cross Road, Mangalore, Karnataka, India – 575001.
As per the financials filed for FY 2016, the company reported a revenue of ₹7.82 Cr, a decline of 63% compared to the previous year. For the same year it recorded a net profit of ₹4.22 Lakh (net margin 0.5%) and EBITDA of ₹1.69 Cr (EBITDA margin 21.7%).
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.93 Cr on record. Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Name history
Canara Star Communications has undergone 2 name changes throughout its history. The company was previously known as Canara Star Communications Private Limited, and Gtpl Canara Star Communications Private Limited. The current legal name is Canara Star Communications Private Limited.
| Company Name | Status |
|---|---|
| Canara Star Communications Private Limited | Current |
| Gtpl Canara Star Communications Private Limited | Previous |
Contact details
Canara Star Communications Private Limited's registered office is in Mangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address# 13/10/1053/31 II Floor Vamanashram Building G H S Cross Road, Mangalore, Karnataka, India – 575001
- IndustryTelecom, ISP & Broadband Services
To see the full contact details of Canara Star Communications 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 activity of Canara Star Communications is information and communication. In detail, this covers broadcasting and programming activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J4 | Broadcasting and programming activities |
To see the full business activity and turnover split of Canara Star Communications Private Limited, buy the company report.
Financials of Canara Star Communications Private Limited
FY 2016 filings availableCanara Star Communications Private Limited reported revenue of ₹7.82 Cr (down 63% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 63% in the latest year. EBITDA fell 29% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹7.82 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹1.69 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹4.22 Lakh | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 21.7% | |
| Net Profit Margin | 0.5% | |
| 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 Canara Star Communications Private Limited, buy the company report.
Board of directors of Canara Star Communications Private Limited
Canara Star Communications has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shankar Subramanya Bhat | Director | 15 Mar 2011 | 15 Years 7 Months | Current |
| Arvind Kumar Mysore Bhaskar | Director | 15 Mar 2011 | 15 Years 7 Months | Current |
Auditor
Canara Star Communications Private Limited is audited by A N CHALUVAIYA & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A N CHALUVAIYA & CO | FY 2016 | 000552S |
Shareholding
The shareholding of Canara Star Communications Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Canara Star Communications Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jan 2012 | 10341242 | Indian Overseas Bank | ₹5.93 Cr | Open |
To see the full charge records of Canara Star Communications Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Canara Star Communications Private Limited has 7 court cases on record: 1 filed by Canara Star Communications, 6 filed against it. 2 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 2 |
| High courts | 1 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, DAKSHINA KANNADA, Karnataka | Criminal miscellaneous application | Filed against the company by an individual | Pending |
| District court, DAKSHINA KANNADA, Karnataka | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
| NCLT, Bengaluru | Company petition | Filed against the company by individuals | Disposed |
| District court, BENGALURU RURAL, Karnataka | Criminal miscellaneous application | Filed against the company by M/S. Indian Overseas Bank | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Union of India | Disposed |
To see the full case history of Canara Star Communications 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 Canara Star Communications Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Canara Star Communications Private Limited has a workforce of 12 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Canara Star Communications has 2 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 Canara Star Communications Private Limited, buy the company report.
Recent activity
Canara Star Communications Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Chudasama Sandipkumar Rajendrasinh ceased to be Director on 20 Feb 2017.
Frequently asked questions
Canara Star Communications is an active private limited company based in Mangalore, Karnataka, India. The company works in isp and broadband services, within the telecom industry. It was incorporated on 15 March 2011 (15+ years old) and is registered under CIN U32107KA2011PTC057615.
Canara Star Communications has 2 current directors:
- Shankar Subramanya Bhat - Director
- Arvind Kumar Mysore Bhaskar - Director
The latest financial statements of Canara Star Communications on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Canara Star Communications has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Canara Star Communications is U32107KA2011PTC057615. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Canara Star Communications has 7 court cases on record: 1 filed by the company and 6 filed against it. 2 are pending. Most are in the district courts.
Canara Star Communications was incorporated on 15 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Chudasama Sandipkumar Rajendrasinh ceased to be Director on 20 Feb 2017. Siddharthsinh Vaghela Pravinsinh ceased to be Director on 20 Feb 2017. Parul Anirudhsinh Jadeja ceased to be Additional Director on 30 Sep 2016. Canara Star Communications has 5 board changes on record in total.
The registered office of Canara Star Communications is at # 1310105331 II Floor Vamanashram Building G H S Cross Road, Mangalore, Karnataka, India – 575001.
Canara Star Communications operates in the telecom industry, in the isp and broadband services segment.