E-Eighteen.Com Limited
About E-Eighteen.Com Limited
Data last updated:
E-Eighteen.Com 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 isp and broadband services segment of the telecommunications sector. It was incorporated on 28 March 2000.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH2000PLC274703. Its GSTIN is 27AAACE7565M1Z5 (Maharashtra). The company held 4 GST registrations, all of them active.
The company had an authorised share capital of ₹10 Cr and a paid-up capital of ₹5.4 Cr. It was led by directors including Lalit Kumar Jain and Sanjiv Kulshreshtha.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹190.65 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹2.12 Cr (net margin 1.1%) and EBITDA of ₹3.55 Cr (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 17% over five years.
The company had about 391 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 1 subsidiary.
As per MCA filings, the company had satisfied charges of ₹144.3 Cr on record. Court records list 21 cases involving the company, including 8 filed by the company and 13 filed against it; 7 cases are pending.
Company details
CIN history
E-Eighteen.Com has one previous CIN (Corporate Identification Number): U99999DL2000PLC104757. The current CIN is U99999MH2000PLC274703, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999MH2000PLC274703 | Current |
| U99999DL2000PLC104757 | Previous |
Contact details
E-Eighteen.Com Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFirst Floor Empire Complex 414 – Senapati Bapat Marg, Lower Parel India, Mumbai, Maharashtra, India – 400013
- IndustryTelecom, ISP & Broadband Services
To see the full contact details of E-Eighteen.Com 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 E-Eighteen.Com is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of E-Eighteen.Com Limited, buy the company report.
Financials of E-Eighteen.Com Limited
FY 2023 filings availableE-Eighteen.Com Limited reported revenue of ₹190.65 Cr (down 9% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 93% 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 | ₹190.65 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.55 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.12 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 | |||||
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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 | 1.9% | ||||
| Net Profit Margin | 1.1% | ||||
| 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 E-Eighteen.Com Limited, buy the company report.
Board of directors of E-Eighteen.Com Limited
E-Eighteen.Com has 5 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalit Kumar Jain | Director | 19 Jun 2019 | 7 Years 4 Months | As last reported |
| Sanjiv Kulshreshtha | Director | 21 Aug 2014 | 12 Years 2 Months | As last reported |
| Bhama Krishnamurthy Also directs: Thirumalai Chemicals Limited, Muthoot Microfin Limited, Cholamandalam Investment and Finance Company Limited and 3 more | Director | 19 Mar 2021 | 5 Years 7 Months | As last reported |
| Gagan Kumar Also directs: Ibn Lokmat News Private Limited | Director | 19 Jun 2019 | 7 Years 4 Months | As last reported |
| Bindu Navinchandra Trivedi Also directs: Greycells18 Media Limited, Infomedia Press Limited, Colosceum Media Private Limited and 3 more | Director | 30 Mar 2019 | 7 Years 6 Months | As last reported |
Peer comparison
E-Eighteen.Com Limited is compared with the 3 companies closest to it by revenue in the Telecom industry (Landline ISP and Broadband), with the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| National Internet Exchange of India | ₹199.48 Cr (FY 2025) | 8.0% | New Delhi, Delhi, India | |||
| E-Eighteen.Com Limitedthis company | ₹190.65 Cr (FY 2023) | ₹2.12 Cr | 1.1% | -9.0% | 391 | Mumbai, Maharashtra, India |
| Ortel Communications Limited | ₹186.13 Cr (FY 2018) | -10.0% | New Delhi, Delhi, India | |||
| Shyam Spectra Private Limited | ₹168.13 Cr (FY 2025) | -8.0% | New Delhi, Delhi, India |
To see the full peer comparison of E-Eighteen.Com Limited, buy the company report.
Auditor
E-Eighteen.Com Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of E-Eighteen.Com 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 E-Eighteen.Com Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 May 2007 | 10051946 | Dbs Limited | ₹10 Cr | Satisfied | |
| 14 Mar 2006 | 10002821 | State Bank of Travancore | ₹15 Cr | Satisfied | |
| 22 Nov 2005 | 80033406 | State Bank of Bikaner and Jaipur | ₹15 Cr | Satisfied | |
| 11 Oct 2005 | 80046109 | Icici Bank Limited | ₹15 Cr | Satisfied | |
| 08 Sep 2005 | 80044958 | State Bank of Hyderabad | ₹11.8 Cr | Satisfied |
To see the full charge records of E-Eighteen.Com Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
E-Eighteen.Com Limited has 21 court cases on record: 8 filed by E-Eighteen.Com, 13 filed against it. 7 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 8 | 2 |
| District courts | 8 | 5 | 5 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed by the company against Vrutika Anil Dawda Director of Ionz Digital Private Limited and 1 other | Pending |
| District court, Kamrup Metro, Assam | Civil suit | Filed against the company by Fiitjee Limited | Pending |
| District court, Kamrup Metro, Assam | Interim or miscellaneous application | Filed against the company by Fiitjee Limited | Pending |
| High Court, MAHARASHTRA | Court case (S) | Filed against the company by Corporate Capital Ventures Pvt. Ltd. | Pending |
| District court, Gurugram, Haryana | Commercial suit | Filed by the company against Korra Worldwide Advertising Pvt Ltd and Anr | Pending |
To see the full case history of E-Eighteen.Com 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 E-Eighteen.Com Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
E-Eighteen.Com has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Moneycontrol.Dot Com India Limited | U67120MH1999PLC120771 |
To see the full group structure of E-Eighteen.Com Limited, buy the company report.
Employees & EPFO
E-Eighteen.Com Limited has a workforce of 391 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
E-Eighteen.Com has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACE7565M1Z5 | Maharashtra | Active | 01 Jul 2017 |
| 06AAACE7565M1Z9 | Haryana | Active | 01 Jul 2017 |
| 29AAACE7565M1Z1 | Karnataka | Active | 01 Jul 2017 |
| 09AAACE7565M1Z3 | Uttar Pradesh | Active | 01 Sep 2021 |
To see the full GST registrations and return filing status of E-Eighteen.Com Limited, buy the company report.
Recent activity
E-Eighteen.Com Limited has 24 board changes on record since 2008: 5 appointments and 19 cessations. The latest: Bhama Krishnamurthy ceased to be Additional Director on 27 Sep 2021.
33 earlier events are in the company report.
Frequently asked questions
E-Eighteen.Com 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.
E-Eighteen.Com was a public limited company based in Mumbai, Maharashtra, India. The company worked in isp and broadband services, within the telecom industry. It was incorporated on 28 March 2000 and is registered under CIN U99999MH2000PLC274703. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
E-Eighteen.Com was incorporated on 28 March 2000. It is registered with the Registrar of Companies, Mumbai.
E-Eighteen.Com had 5 directors:
- Lalit Kumar Jain - Director
- Sanjiv Kulshreshtha - Director
- Bhama Krishnamurthy - Director
- Gagan Kumar - Director
- Bindu Navinchandra Trivedi - Director
The CIN (Corporate Identification Number) of E-Eighteen.Com is U99999MH2000PLC274703. 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 E-Eighteen.Com is at First Floor Empire Complex 414 – Senapati Bapat Marg, Lower Parel India, Mumbai, Maharashtra, India – 400013.
The latest financial statements of E-Eighteen.Com on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of E-Eighteen.Com is 27AAACE7565M1Z5, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 06AAACE7565M1Z9 (Haryana), 29AAACE7565M1Z1 (Karnataka), 09AAACE7565M1Z3 (Uttar Pradesh).
E-Eighteen.Com operated in the telecom industry, in the isp and broadband services segment.
The peers of E-Eighteen.Com by revenue are National Internet Exchange of India, Ortel Communications Limited, Shyam Spectra Private Limited, all in the Telecom industry (Landline ISP and Broadband), with the same principal business activity (other information & communication service activities).
E-Eighteen.Com has 21 court cases on record: 8 filed by the company and 13 filed against it. 7 are pending. Most are in the high courts.