Drip Music Private Limited
About Drip Music Private Limited
Data last updated:
Drip Music Private Limited is a private limited company based in Karnal, Haryana, India. It operates in the film and digital content production segment of the media and publishing sector. It was incorporated on 19 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U22300HR2020PTC090246. Its GSTIN is 06AAICD0746P1ZB (Haryana).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Simranjeet Singh and Karan Singh.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Plot No 234 – C Sector 3A Phase II Industrial Estates, Karnal, Haryana, India – 132001.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.16 Lakh, a decline of 81% compared to the previous year. For the same year it recorded a net loss of ₹36,675 (net margin -17%) and EBITDA of -₹36,675 (EBITDA margin -17%).
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Company details
Contact details
Drip Music Private Limited's registered office is in Karnal, Haryana. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No 234 – C Sector 3A Phase II Industrial Estates, Karnal, Haryana, India – 132001
- IndustryMedia and Publishing, Film & Digital Content Production
To see the full contact details of Drip Music 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 Drip Music is information and communication. In detail, this covers motion picture, video and television programme production, sound recording and music publishing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J3 | Motion picture, video and television programme production, sound recording and music publishing activities |
To see the full business activity and turnover split of Drip Music Private Limited, buy the company report.
Financials of Drip Music Private Limited
FY 2023 filings availableDrip Music Private Limited reported revenue of ₹2.16 Lakh (down 81% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 81% in the latest year. EBITDA fell 170% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹36,675 | ||
| Profit Before Tax | |||
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| Net Profit (PAT) | -₹36,675 | ||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -17% | ||
| Net Profit Margin | -17% | ||
| Return on Equity (ROE) | |||
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To see the full financial statements and ratios of Drip Music Private Limited, buy the company report.
Board of directors of Drip Music Private Limited
Drip Music has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Simranjeet Singh Also directs: Modern Daily Needs Private Limited, Super Beats and Records Private Limited, Arosin Realties Private Limited and 5 more | Director | 19 Oct 2020 | 6 Years 0 Months | Current |
| Karan Singh Also directs: Goat Records LLP | Director | 19 Oct 2020 | 6 Years 0 Months | Current |
Auditor
Drip Music Private Limited is audited by DEEPAK THAPAR & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEEPAK THAPAR & CO | FY 2021 | 006976N |
Shareholding
The shareholding of Drip Music Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Drip Music Private Limited, buy the company report.
Legal cases
Drip Music Private Limited has 1 court case on record: 1 filed by Drip Music. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Karnal, Haryana | Cheque dishonour complaint | Filed by the company against Karan Singh | Pending |
To see the full case history of Drip Music 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 Drip Music Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Drip Music Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Drip Music has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAICD0746P1ZB | Haryana | Active | 23 Feb 2021 |
To see the full GST registrations and return filing status of Drip Music Private Limited, buy the company report.
Recent activity
Drip Music Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Karan Singh was appointed as Director on 19 Oct 2020.
Frequently asked questions
Drip Music is an active private limited company based in Karnal, Haryana, India. The company works in film and digital content production, within the media and publishing industry. It was incorporated on 19 October 2020 (6+ years old) and is registered under CIN U22300HR2020PTC090246.
Drip Music has 2 current directors:
- Simranjeet Singh - Director
- Karan Singh - Director
The latest financial statements of Drip Music on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Drip Music is 06AAICD0746P1ZB, registered in Haryana.
The CIN (Corporate Identification Number) of Drip Music is U22300HR2020PTC090246. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Drip Music has 1 court case on record: 1 filed by the company. 1 is pending.
Drip Music was incorporated on 19 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Haryana.
Karan Singh was appointed as Director on 19 Oct 2020. Simranjeet Singh was appointed as Director on 19 Oct 2020.
The registered office of Drip Music is at Plot No 234 – C Sector 3A Phase II Industrial Estates, Karnal, Haryana, India – 132001.
Drip Music operates in the media and publishing industry, in the film and digital content production segment.
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