About Erosnow Private Limited
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Erosnow Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Eros International Media Limited. It operates in the mobile value-added services (vas) segment of the telecommunications sector. It was incorporated on 03 May 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U33111TN1984PTC010826. Its GSTIN is 27AAACU0880H1ZC (Maharashtra). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Universal Power Systems Private Limited. It is led by directors Vijay Jayantilal Thaker and Anand Shankar Kamtam.
Its last annual general meeting (AGM) was held on 25 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2023, the company reported a revenue of ₹24.59 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.95 Cr (net margin 7.9%) and EBITDA of ₹5.04 Cr (EBITDA margin 20.5%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years.
The company has about 62 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹70 Cr on record. Court records list 27 cases involving the company, including 3 filed by the company and 24 filed against it; 9 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in June 2014. Its 4 peer companies in the Telecom industry (Mobile VAS), with the same principal business activity (other information & communication service activities) are compared by revenue, 2 larger and 2 smaller; the largest is Dove Soft Technologies Private Limited with revenue of ₹34.18 Cr. The company has 7 MSME Form 1 returns on record between 2022 and 2023, listing 127 overdue payments to 12 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website 56060.in.
Company details
Contact details
Erosnow Private Limited's registered office is in Chennai, Tamil Nadu. Its website is 56060.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGee Plaza Flat No. 20 3rd Floor No.1 Wheatcrofts Road Nunga, Mbakkam, Chennai, Tamil Nadu, India – 600034
- IndustryTelecom, Mobile Value-Added Services (VAS)
To see the full contact details of Erosnow 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 Erosnow 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 Erosnow Private Limited, buy the company report.
Financials of Erosnow Private Limited
FY 2023 filings availableErosnow Private Limited reported revenue of ₹24.59 Cr (up 285% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 31% over three years, including 285% growth in the latest year. EBITDA rose 122% 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 | ₹24.59 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹5.04 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.95 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.5% | ||||
| Net Profit Margin | 7.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Erosnow Private Limited, buy the company report.
Board of directors of Erosnow Private Limited
Erosnow has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Jayantilal Thaker Also directs: Eros International Media Limited, B4u Broadband (India) Private Limited, B4u Television Network India Limited and 4 more | Director | 07 Feb 2020 | 6 Years 8 Months | Current |
| Anand Shankar Kamtam Also directs: Eros International Media Limited, Eros Animation Private Limited, Eros International Films Private Limited and 5 more | Director | 08 Mar 2018 | 8 Years 7 Months | Current |
Peer comparison
Erosnow Private Limited is compared with the 4 companies closest to it by revenue in the Telecom industry (Mobile VAS), 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 |
|---|---|---|---|---|---|---|
| Dove Soft Technologies Private Limited | ₹34.18 Cr (FY 2025) | 54.0% | Mumbai, Maharashtra, India | |||
| Vodafone Idea Technology Solutions Limited | ₹32.06 Cr (FY 2025) | -20.0% | Mumbai, Maharashtra, India | |||
| Erosnow Private Limitedthis company | ₹24.59 Cr (FY 2023) | ₹1.95 Cr | 7.9% | 285.0% | 62 | Chennai, Tamil Nadu, India |
| Telenity Systems Software India Private Limited | ₹19.93 Cr (FY 2025) | 17.0% | Noida, Uttar Pradesh, India | |||
| PK Online Ventures Private Limited | ₹17.98 Cr (FY 2024) | -17.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Erosnow Private Limited, buy the company report.
Auditor
Erosnow Private Limited is audited by Haribhakti & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Haribhakti & Co. LLP | FY 2023 | 103523W/W100048 |
Shareholding
The shareholding of Erosnow 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) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Erosnow Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jul 2017 | 100109033 | Others | ₹70 Cr | Satisfied |
To see the full charge records of Erosnow Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Erosnow Private Limited has 1 deal on record (1 acquisition); the latest was in June 2014.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2014 | Acquisition | ₹35.02 Cr | Buyer: Eros International Media Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Erosnow Private Limited has 27 court cases on record: 3 filed by Erosnow, 24 filed against it. 9 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 11 | 3 |
| District courts | 13 | 13 | 6 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed against the company by Galaxy Office Automation Pvt Ltd | Pending |
| Madras High Court | Appeal | Filed against the company by Amazon Seller Services Private Limited | Disposed |
| High Court | Appeal | Filed against the company by Amazon Seller Services Private Limited M/S.Rahul Balaji, ,B. Madhan Babu,Vishnu Mohan,Rangasaran Mohan | Disposed |
| High Court | Appeal | Filed by the company against Amazon Seller Services Private Limited and 1 other | Disposed |
| High Court, MAHARASHTRA | Arbitration matter | Filed against the company by Trivone Content Services Private Limited | Disposed |
To see the full case history of Erosnow 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
Erosnow Private Limited has 7 MSME Form 1 returns on record between 2022 and 2023, listing 127 overdue payments to 12 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Techpartner Alliance Private Limited | |||
| Haribhakti & Co. LLP | |||
| Aviation Indeed Private Limited | |||
| Expert Time Industries Private Limited |
To see the full MSME payment records of Erosnow Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Erosnow Private Limited has a workforce of 62 employees on its EPFO records as of Apr 05, 2024, across 2 active EPFO establishments.
GST
Erosnow has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACU0880H1ZC | Maharashtra | Active | 01 Feb 2020 |
To see the full GST registrations and return filing status of Erosnow Private Limited, buy the company report.
Recent activity
Erosnow Private Limited has 22 board changes on record since 1984: 12 appointments and 10 cessations. The latest: Sunil Arjan Lulla ceased to be Director on 31 Jul 2024.
15 earlier events are in the company report.
Frequently asked questions
Erosnow is an active private limited company based in Chennai, Tamil Nadu, India. The company works in mobile value-added services (vas), within the telecom industry. It was incorporated on 03 May 1984 (42+ years old) and is registered under CIN U33111TN1984PTC010826.
Erosnow has 2 current directors:
- Vijay Jayantilal Thaker - Director
- Anand Shankar Kamtam - Director
The latest financial statements of Erosnow on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 25 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Erosnow is 27AAACU0880H1ZC, 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 Erosnow is U33111TN1984PTC010826. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Erosnow has 27 court cases on record: 3 filed by the company and 24 filed against it. 9 are pending. Most are in the high courts.
Erosnow was incorporated on 03 May 1984, making it 42+ years old. It is registered with the Registrar of Companies, Chennai.
Erosnow has 1 deal on record (1 acquisition); the latest was in June 2014.
The peers of Erosnow by revenue are Dove Soft Technologies Private Limited, Vodafone Idea Technology Solutions Limited, Telenity Systems Software India Private Limited, PK Online Ventures Private Limited, all in the Telecom industry (Mobile VAS), with the same principal business activity (other information & communication service activities).
Sunil Arjan Lulla ceased to be Director on 31 Jul 2024. Pradeep Kumar Dwivedi ceased to be Director on 30 Oct 2023. Farokh Phiroz Gandhi ceased to be Director on 13 Aug 2021. Erosnow has 22 board changes on record in total.
Erosnow has 7 MSME Form 1 returns on record between 2022 and 2023, listing 127 overdue payments to 12 micro and small suppliers. The latest return was filed on 08 Dec 2023.
Erosnow can be reached through the website 56060.in. Its registered office is in Chennai, Tamil Nadu, India.