About Cyquator Media Services Private Limited
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Cyquator Media Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Essel Media And Entertainment Limited. It operates in the telecom service providers segment of the telecommunications sector. It was incorporated on 13 September 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2006PTC164508. Its GSTIN is 27AAECP0069P2ZY (Maharashtra). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹101.05 Cr and a paid-up capital of ₹95 Lakh. It was formerly known as Popkorn Infotainment Private Limited. It is led by director Ajit Narayan Shelar.
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 18th Floor A Wing Marathon Futurex N. M. Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2024, the company reported a revenue of ₹67.07 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹94.6 Cr (net margin -141%) and EBITDA of -₹94.6 Cr (EBITDA margin -141%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹7,399.79 Cr and satisfied charges of ₹10,350 Cr on record. Court records list 29 cases involving the company, including 11 filed by the company and 18 filed against it; 7 cases are pending. The company has 22 deals on record (10 convertible or debt financings, 8 debt financings, 3 secondary share transfers), with disclosed funding of ₹5,574.36 Cr; the latest was in January 2019.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cyquator.com.
Company details
Contact details
Cyquator Media Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is cyquator.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address18th Floor A Wing Marathon Futurex N. M. Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryTelecom, Telecom Service Providers
To see the full contact details of Cyquator Media Services 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 Cyquator Media Services Private Limited
FY 2024 filings availableCyquator Media Services Private Limited reported revenue of ₹67.07 Cr (up 1239% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years. 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
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| EBITDA | -₹94.6 Cr | ||||
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| Net Profit (PAT) | -₹94.6 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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| EBITDA Margin | -141% | ||||
| Net Profit Margin | -141% | ||||
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To see the full financial statements and ratios of Cyquator Media Services Private Limited, buy the company report.
Board of directors of Cyquator Media Services Private Limited
Cyquator Media Services has 1 current director and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajit Narayan Shelar Also directs: Direct Media Solutions LLP, Icl Heroes Sports LLP, Dakshin Utilities Works Limited and 5 more | Additional Director | 31 Dec 2025 | 0 Years 10 Months | Current |
Shareholding
The shareholding of Cyquator Media Services 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) | |||||
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| Others |
To see the full shareholding pattern of Cyquator Media Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jun 2020 | 100356184 | Others | ₹702.45 Cr | Open | |
| 26 Jan 2019 | 100232284 | Others | ₹100 Cr | Open | |
| 24 Dec 2018 | 100225085 | Others | ₹50 Cr | Open | |
| 24 Oct 2018 | 100215924 | Others | ₹55 Cr | Open | |
| 15 Oct 2018 | 100223572 | Others | ₹90 Cr | Open |
To see the full charge records of Cyquator Media Services Private Limited, buy the company report.
Total charge records: 109 View all charges
Deals & funding
Cyquator Media Services Private Limited has 22 deals on record (10 convertible or debt financings, 8 debt financings, 3 secondary share transfers), with disclosed funding of ₹5,574.36 Cr; the latest was in January 2019.
Deals on record (5 of 22)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Debt financing | ₹525 Cr | Investors: ICICI Prudential Savings Fund, Aditya Birla Finance Limited , Credit Suisse Private Equity |
| Jan 2017 | Debt financing | ₹325 Cr | Investors: Procall Infra & Utilities Private Limited , Sprit Infrapower & Multiventures Private Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Seller: Jayneer Infrapower & Multiventures Private Limited , 3 individuals |
| Aug 2011 | Secondary share transfer | Undisclosed | Buyer: Essel Media & Entertainment Limited & Ravinder Kumar Dogra, Essel Media & Entertainment Limited Seller: Premier Finance and Trading Company Limited , Prajatma Trading Company Private Limited , Churu Trading Company Private Limited |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: Premier Finance and Trading Company Limited , Prajatma Trading Company Private Limited , Churu Trading Company Private Limited Seller: 2 individuals |
To see the full deal history of Cyquator Media Services 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
Cyquator Media Services Private Limited has 29 court cases on record: 11 filed by Cyquator Media Services, 18 filed against it. 7 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 10 | 7 |
| District courts | 9 | 4 | 0 |
| NCLAT | 3 | 3 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Interim or miscellaneous application | Filed against the company by Axis Finance Limited MDP Legal | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Axis Finance Limited | Pending |
| High Court, MAHARASHTRA | Commercial suit | Filed against the company by Axis Bank Limited | Pending |
| High Court, MAHARASHTRA | Court case (RP) | Filed against the company by Essel Corporate LLP and 1 other | Disposed |
| High Court, MAHARASHTRA | Court case (RP) | Filed against the company by Direct Media Distribution Ventures Private Limited | Disposed |
To see the full case history of Cyquator Media Services 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 Cyquator Media Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Cyquator Media Services Private Limited has 1 active EPFO establishment as of Apr 09, 2024.
GST
Cyquator Media Services has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECP0069P2ZY | Maharashtra | Active | 09 Aug 2018 |
To see the full GST registrations and return filing status of Cyquator Media Services Private Limited, buy the company report.
Recent activity
Cyquator Media Services Private Limited has 17 board changes on record since 2008: 1 appointment and 16 cessations. The latest: Ajit Narayan Shelar was appointed as Additional Director on 31 Dec 2025.
188 earlier events are in the company report.
Frequently asked questions
Cyquator Media Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in telecom service providers, within the telecom industry. It was incorporated on 13 September 2006 (20+ years old) and is registered under CIN U72900MH2006PTC164508.
Cyquator Media Services has 1 current director:
- Ajit Narayan Shelar - Additional Director
The latest financial statements of Cyquator Media Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Cyquator Media Services is 27AAECP0069P2ZY, registered in Maharashtra. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Cyquator Media Services is U72900MH2006PTC164508. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cyquator Media Services has 29 court cases on record: 11 filed by the company and 18 filed against it. 7 are pending. Most are in the high courts.
Cyquator Media Services was incorporated on 13 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Cyquator Media Services has 22 deals on record (10 convertible or debt financings, 8 debt financings, 3 secondary share transfers), with disclosed funding of ₹5,574.36 Cr; the latest was in January 2019.
Ajit Narayan Shelar was appointed as Additional Director on 31 Dec 2025. Shubham Shree ceased to be Additional Director on 25 Sep 2023. Ronak Jagdish Jatwala ceased to be Director on 16 Aug 2023. Cyquator Media Services has 17 board changes on record in total.
Cyquator Media Services can be reached through the website cyquator.com. Its registered office is in Mumbai, Maharashtra, India.
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