About Digital18 Media Limited
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Digital18 Media Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Network18 Media & Investments Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the book and digital publishing segment of the media and publishing sector. It was incorporated on 16 April 2007.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U22130MH2007PLC274705. The company has 3 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹5 Lakh. It was formerly known as Digital18 Media Private Limited. It was led by directors including Karanvir Singh Gill and Deepak Gupta.
Its last annual general meeting (AGM) was held on 23 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at First Floor Empire Complex 414 – Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2016, the company reported a revenue of ₹23.81 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹3.04 Cr (net margin -12.8%) and EBITDA of -₹3.1 Cr (EBITDA margin -13%).
The company was associated with 1 brand: Forbes India. Court records list 1 case involving the company, including 1 filed by the company.
The last known website on record is forbesindia.com.
Company details
CIN history
Digital18 Media has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U22130MH2007PLC274705, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U22130MH2007PLC274705 | Current |
| U22130DL2007PLC162067 | Previous |
| U22130DL2007PTC162067 | Previous |
Contact details
Digital18 Media Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Social Media
- Registered AddressFirst Floor Empire Complex 414 – Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryMedia and Publishing, Book & Digital Publishing
To see the full contact details of Digital18 Media 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
Digital18 Media operates one associated brand: Forbes India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Business news and media services are delivered through digital and print platforms in India. | forbesindia.com |
Business activity
The main business activity of Digital18 Media is information and communication. In detail, this covers publishing of newspapers, books, periodicals, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J1 | Publishing of Newspapers, Books, periodicals, etc. activities |
To see the full business activity and turnover split of Digital18 Media Limited, buy the company report.
Financials of Digital18 Media Limited
FY 2017 filings availableDigital18 Media Limited reported revenue of ₹23.81 Cr (down 15% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% 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 | ₹23.81 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹3.1 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹3.04 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -13% | |
| Net Profit Margin | -12.8% | |
| 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 Digital18 Media Limited, buy the company report.
Board of directors of Digital18 Media Limited
Digital18 Media has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karanvir Singh Gill Also directs: Infomedia Press Limited, Moneycontrol Dot Com India Limited, Moneycontrol Dot Com India Limited and 1 more | Director | 12 Oct 2015 | 11 Years 0 Months | As last reported |
| Deepak Gupta | Director | 23 Feb 2017 | 9 Years 8 Months | As last reported |
| Ratnesh Prasad Rukhariyar | Director | 06 Dec 2016 | 9 Years 10 Months | As last reported |
Auditor
Digital18 Media Limited is audited by MOHAN L JAIN & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MOHAN L JAIN & CO | FY 2016 | 005345N |
Shareholding
The shareholding of Digital18 Media 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 Digital18 Media Limited, buy the company report.
Legal cases
Digital18 Media Limited has 1 court case on record: 1 filed by Digital18 Media. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Digital18 Media 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 Digital18 Media Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Digital18 Media has 3 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 Digital18 Media Limited, buy the company report.
Recent activity
Digital18 Media Limited has 13 board changes on record since 2009: 3 appointments and 10 cessations. The latest: Deepak Gupta ceased to be Additional Director on 23 Sep 2017.
4 earlier events are in the company report.
Frequently asked questions
Digital18 Media has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Digital18 Media was a public limited company based in Mumbai, Maharashtra, India. The company worked in book and digital publishing, within the media and publishing industry. It was incorporated on 16 April 2007 and is registered under CIN U22130MH2007PLC274705. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Digital18 Media was incorporated on 16 April 2007. It is registered with the Registrar of Companies, Mumbai.
Digital18 Media had 3 directors:
- Karanvir Singh Gill - Director
- Deepak Gupta - Director
- Ratnesh Prasad Rukhariyar - Director
The CIN (Corporate Identification Number) of Digital18 Media is U22130MH2007PLC274705. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Digital18 Media is at First Floor Empire Complex 414 – Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
Digital18 Media can be reached through the website forbesindia.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Digital18 Media on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 23 September 2017. Year-wise statements from 2015 are in the company report.
No. Digital18 Media has 3 GST registrations on record and all of them are cancelled or inactive.
Digital18 Media operated in the media and publishing industry, in the book and digital publishing segment.