About Clues Network Private Limited
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Clues Network Private Limited is a private limited company based in Gurgaon, Haryana, India, a subsidiary of Clues Network Inc.. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 05 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U52590HR2011PTC055841. Its GSTIN is 06AAECC3074B1Z6 (Haryana). The company holds 36 GST registrations, of which 29 are active.
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹48.1 Lakh. It is led by directors Tombo Chishi and Anuraag Gambhir.
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 Sector 44, Gurgaon, Haryana.
As per the financials filed for FY 2023, the company reported a revenue of ₹27.6 Cr, a decline of 55% compared to the previous year. For the same year it recorded a net loss of ₹34.9 Cr (net margin -126.4%) and EBITDA of -₹33.35 Cr (EBITDA margin -120.8%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 37% over five years.
The company has about 192 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Eyezon and ShopClues. As per MCA filings, the company has satisfied charges of ₹25 Cr on record. Court records list 78 cases involving the company, including 5 filed by the company and 73 filed against it; 43 cases are pending. The company has 20 deals on record (14 rights issues, 3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹76.45 Cr; the latest was in November 2022. The company has 28 MSME Form 1 returns on record between 2018 and 2024, listing 198 overdue payments to 10 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shopclues.com.
Company details
CIN history
Clues Network has one previous CIN (Corporate Identification Number): U52590GJ2011PTC064297. The current CIN is U52590HR2011PTC055841, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52590HR2011PTC055841 | Current |
| U52590GJ2011PTC064297 | Previous |
Contact details
Clues Network Private Limited's registered office is in Gurgaon, Haryana. Its website is shopclues.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressThird Floor Plot No. 94, Sector 44 Institutional Area, Gurgaon, Haryana, India – 122002
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Clues 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
Brands
Clues Network operates two associated brands: Eyezon and ShopClues. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Multi-category products are sold via an online marketplace platform. | shopclues.com | |
| An upcoming mobile app that facilitates price comparison for consumers. | eyezon.in |
Financials of Clues Network Private Limited
FY 2024 filings availableClues Network Private Limited reported revenue of ₹27.6 Cr (down 55% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 37% over five years, including a 55% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹27.6 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹33.35 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹34.9 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -120.8% | ||||
| Net Profit Margin | -126.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Clues Network Private Limited, buy the company report.
Board of directors of Clues Network Private Limited
Clues Network has 2 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tombo Chishi Also directs: Prime Mountain Private Limited | Director | 31 Dec 2021 | 4 Years 9 Months | Current |
| Anuraag Gambhir Also directs: Digimate Electronics Private Limited, Shopclues Exports Private Limited, Smartstore Technologies Private Limited and 2 more | Director | 07 Dec 2021 | 4 Years 10 Months | Current |
Auditor
Clues Network Private Limited is audited by Luthra & Luthra LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Luthra & Luthra LLP | FY 2023 | 002081N/N500092 |
Shareholding
The shareholding of Clues 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 Clues Network Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2017 | 100092078 | Others | ₹25 Cr | Satisfied |
To see the full charge records of Clues Network Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Clues Network Private Limited has 20 deals on record (14 rights issues, 3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹76.45 Cr; the latest was in November 2022.
Deals on record (5 of 20)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2022 | Rights issue | ₹12.49 Cr | Investors: Clues Network,Inc. |
| Jun 2022 | Rights issue | ₹13.68 Cr | Investors: Clues Network,Inc. |
| Oct 2021 | Rights issue | ₹21.07 Cr | Investors: Clues Network,Inc. |
| Apr 2021 | Rights issue | ₹13.91 Cr | Investors: Clues Network,Inc. |
| Jun 2020 | Rights issue | ₹30.15 Cr | Investors: Clues Network,Inc. |
To see the full deal history of Clues Network Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Clues Network Private Limited has 78 court cases on record: 5 filed by Clues Network, 73 filed against it. 43 cases are pending and 35 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 55 | 53 | 40 |
| High courts | 21 | 18 | 3 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 78)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bhilwara, Rajasthan | Civil suit | Filed against the company by Amit Jain | Pending |
| District court, Sirsa, Haryana | Civil suit | Filed against the company by MSG All Trading International Pvt. Limited | Pending |
| High Court of Delhi | Court case (TR.P.(C.)) | Filed against the company by Euclid Infotech Limited | Disposed |
| District court, Gurugram, Haryana | Civil suit | Filed against the company by M/S Ms Fashion Through Its Sole Proprietor | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed against the company by M/S. Bhavdeep Infotech Through Mr. Ramji Hirabhai Ravriya | Pending |
To see the full case history of Clues 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
Clues Network Private Limited has 28 MSME Form 1 returns on record between 2018 and 2024, listing 198 overdue payments to 10 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 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Moengage India Private Limited | |||
| Sequelone Solutions Private Limited | |||
| Flexiele Consulting Services Private Limited | |||
| Xplanck Marketing Private Limited |
To see the full MSME payment records of Clues Network Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Clues Network has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Clues Network Private Limited has a workforce of 192 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Clues Network has 36 GST registrations: 29 active and 7 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAECC3074B1Z6 | Haryana | Active | 01 Jul 2017 |
| 06AAECC3074B1CH | Haryana | Active | 29 Sep 2018 |
| 18AAECC3074B1CC | Assam | Active | 30 Oct 2018 |
| 20AAECC3074B1CR | Jharkhand | Active | 30 Oct 2018 |
To see the full GST registrations and return filing status of Clues Network Private Limited, buy the company report.
Recent activity
Clues Network Private Limited has 17 board changes on record since 2011: 4 appointments and 13 cessations. The latest: Anuraag Gambhir ceased to be Additional Director on 22 Mar 2023.
11 earlier events are in the company report.
News
Frequently asked questions
Clues Network is an active private limited company based in Gurgaon, Haryana, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 05 March 2011 (15+ years old) and is registered under CIN U52590HR2011PTC055841.
Clues Network has 2 current directors:
- Tombo Chishi - Director
- Anuraag Gambhir - Director
The latest financial statements of Clues 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 Clues Network is 06AAECC3074B1Z6, registered in Haryana. The company has 36 GST registrations in all, of which 29 are active and 7 are cancelled or inactive. Other active GSTINs include 06AAECC3074B1CH (Haryana), 18AAECC3074B1CC (Assam), 20AAECC3074B1CR (Jharkhand).
The CIN (Corporate Identification Number) of Clues Network is U52590HR2011PTC055841. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Clues Network has 78 court cases on record: 5 filed by the company and 73 filed against it. 43 are pending. Most are in the district courts.
Clues Network was incorporated on 05 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.
Clues Network has 20 deals on record (14 rights issues, 3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹76.45 Cr; the latest was in November 2022.
Anuraag Gambhir ceased to be Additional Director on 22 Mar 2023. Tombo Chishi ceased to be Additional Director on 21 Mar 2023. Sanjay Sethi ceased to be Director on 31 Dec 2021. Clues Network has 17 board changes on record in total.
Clues Network has 28 MSME Form 1 returns on record between 2018 and 2024, listing 198 overdue payments to 10 micro and small suppliers. The latest return was filed on 26 Apr 2024.
Clues Network can be reached through the website shopclues.com. Its registered office is in Gurgaon, Haryana, India.