About Day 2 Day 24X7 Network Private Limited
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Day 2 Day 24X7 Network Private Limited is a private limited company based in Udupi, Karnataka, India. It operates in the television and radio broadcasting segment of the media and publishing sector. It was incorporated on 10 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U92412KA2012PTC064794. Its GSTIN is 29AAECD3319E1ZV (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹99 Lakh. It is led by directors Pangal Gopalakrishna Nayak and Vilas Nayak Pangala.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 3/174 – B Veer Hanuman Marg Chitpady, Udupi, Karnataka, India – 576101.
As per the financials filed for FY 2018, the company reported a revenue of ₹56.65 Lakh, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹38.23 Lakh (net margin -67.5%) and EBITDA of ₹6.1 Lakh (EBITDA margin 10.8%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years.
As per MCA filings, the company has open charges of ₹1.02 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spandana.tv.
Company details
Contact details
Day 2 Day 24X7 Network Private Limited's registered office is in Udupi, Karnataka. Its website is spandana.tv. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address3/174 – B Veer Hanuman Marg Chitpady, Udupi, Karnataka, India – 576101
- IndustryMedia and Publishing, Television & Radio Broadcasting
To see the full contact details of Day 2 Day 24X7 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
Business activity
The main business activity of Day 2 Day 24X7 Network 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 Day 2 Day 24X7 Network Private Limited, buy the company report.
Financials of Day 2 Day 24X7 Network Private Limited
FY 2018 filings availableDay 2 Day 24X7 Network Private Limited reported revenue of ₹56.65 Lakh (down 7% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over three years, including a 7% fall in the latest year. EBITDA fell 58% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹6.1 Lakh | |||
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| Net Profit (PAT) | -₹38.23 Lakh | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
| EBITDA Margin | 10.8% | |||
| Net Profit Margin | -67.5% | |||
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To see the full financial statements and ratios of Day 2 Day 24X7 Network Private Limited, buy the company report.
Board of directors of Day 2 Day 24X7 Network Private Limited
Day 2 Day 24X7 Network has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pangal Gopalakrishna Nayak | Director | 10 Jul 2012 | 14 Years 3 Months | Current |
| Vilas Nayak Pangala Also directs: PVN Hospitality LLP, Baadshah Food and Beverages Services LLP, Ty Ventures LLP and 5 more | Director | 10 Jul 2012 | 14 Years 3 Months | Current |
Auditor
Day 2 Day 24X7 Network Private Limited is audited by Dev Anand & Co. for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dev Anand & Co. | FY 2015 |
Shareholding
The shareholding of Day 2 Day 24X7 Network Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Day 2 Day 24X7 Network Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jan 2014 | 10475207 | Corporation Bank | ₹61.56 Lakh | Open | |
| 19 Feb 2013 | 10412895 | Canara Bank | ₹40 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Day 2 Day 24X7 Network Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Day 2 Day 24X7 Network Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Day 2 Day 24X7 Network has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECD3319E1ZV | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Day 2 Day 24X7 Network Private Limited, buy the company report.
Recent activity
Day 2 Day 24X7 Network Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Pangal Gopalakrishna Nayak was appointed as Director on 10 Jul 2012.
Frequently asked questions
Day 2 Day 24X7 Network is an active private limited company based in Udupi, Karnataka, India. The company works in television and radio broadcasting, within the media and publishing industry. It was incorporated on 10 July 2012 (14+ years old) and is registered under CIN U92412KA2012PTC064794.
Day 2 Day 24X7 Network has 2 current directors:
- Pangal Gopalakrishna Nayak - Director
- Vilas Nayak Pangala - Director
The latest financial statements of Day 2 Day 24X7 Network on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Day 2 Day 24X7 Network is 29AAECD3319E1ZV, registered in Karnataka.
The CIN (Corporate Identification Number) of Day 2 Day 24X7 Network is U92412KA2012PTC064794. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Day 2 Day 24X7 Network was incorporated on 10 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Pangal Gopalakrishna Nayak was appointed as Director on 10 Jul 2012. Vilas Nayak Pangala was appointed as Director on 10 Jul 2012.
Day 2 Day 24X7 Network can be reached through the website spandana.tv. Its registered office is in Udupi, Karnataka, India.
The registered office of Day 2 Day 24X7 Network is at 3174 – B Veer Hanuman Marg Chitpady, Udupi, Karnataka, India – 576101.
Day 2 Day 24X7 Network operates in the media and publishing industry, in the television and radio broadcasting segment.
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