About Frontage Media Private Limited
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Frontage Media Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 08 May 2010.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74990MH2010PTC202897. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vilas Parkar Ramesh and Manesh Lalji Dawda (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Shop No 605 Takshishila Commercial Complex Rhb Road Mulund West, Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2019, the company reported a revenue of ₹12.31 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹60.94 Lakh (net margin 5%) and EBITDA of ₹2.7 Cr (EBITDA margin 22%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years.
The company is associated with 1 brand: Frontage. As per MCA filings, the company has open charges of ₹10.5 Cr on record. Court records list 32 cases involving the company, including 13 filed by the company and 19 filed against it; 11 cases are pending.
The last known website on record is frontagemedia.in.
Company details
Contact details
Frontage Media Private Limited's registered office is in Mumbai, Maharashtra. Its website is frontagemedia.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShop No 605 Takshishila Commercial Complex Rhb Road Mulund West, Mumbai, Maharashtra, India – 400080
- IndustryMedia and Publishing, Advertising Agencies & Media Services
To see the full contact details of Frontage Media 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
Brands
Frontage Media operates one associated brand: Frontage. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive outdoor advertising services. | frontagemedia.in |
Financials of Frontage Media Private Limited
FY 2019 filings availableFrontage Media Private Limited reported revenue of ₹12.31 Cr (up 2% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 35% over three years, including 2% growth in the latest year. EBITDA rose 139% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Revenue | ₹12.31 Cr | ||||
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| Total Expenses | |||||
| EBITDA | ₹2.7 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹60.94 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22% | ||||
| Net Profit Margin | 5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Frontage Media Private Limited, buy the company report.
Board of directors of Frontage Media Private Limited
Frontage Media has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vilas Parkar Ramesh | Director | 08 May 2010 | 16 Years 5 Months | As last reported |
| Manesh Lalji Dawda | Irp/Rp/Liquidator | 11 May 2023 | 3 Years 5 Months | As last reported |
| Pradeep Ramkripal Mishra Also directs: Brilliance Global Edunxt LLP, Sai Brilliance Realty LLP, Brilliance Educational Solutions Private Limited and 3 more | Director | 08 May 2010 | 16 Years 5 Months | As last reported |
Auditor
Frontage Media Private Limited is audited by A T M S & CO LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A T M S & CO LLP | FY 2019 | W100164 |
Shareholding
The shareholding of Frontage Media Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Frontage Media Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jun 2020 | 100375001 | Others | ₹49.75 Lakh | Open | |
| 08 Nov 2019 | 100305332 | Others | ₹7.5 Cr | Open | |
| 29 Mar 2019 | 100256565 | Others | ₹2.5 Cr | Open |
To see the full charge records of Frontage Media Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Frontage Media Private Limited has 32 court cases on record: 13 filed by Frontage Media, 19 filed against it. 11 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 17 | 11 |
| High courts | 11 | 0 | 0 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by PNB Housing Finance Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Ambit Finvest Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by HDB Financial Services Limited | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by HDB Financial Services Limited and 1 other | Disposed |
To see the full case history of Frontage Media 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 Frontage Media Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Frontage Media has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Frontage Media Private Limited, buy the company report.
Recent activity
Frontage Media Private Limited has 4 board changes on record since 2010: 3 appointments and 1 cessation. The latest: Manesh Lalji Dawda was appointed as Irp/Rp/Liquidator on 11 May 2023.
Frequently asked questions
Frontage Media is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Frontage Media is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in advertising agencies and media services, within the media and publishing industry. It was incorporated on 08 May 2010 and is registered under CIN U74990MH2010PTC202897. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Frontage Media has 3 current directors:
- Vilas Parkar Ramesh - Director
- Pradeep Ramkripal Mishra - Director
- Manesh Lalji Dawda - Irp/Rp/Liquidator
The latest financial statements of Frontage Media on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Frontage Media is U74990MH2010PTC202897. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Frontage Media has open charges of ₹10.5 Cr and no satisfied charges on record as per latest MCA filings.
Frontage Media has 32 court cases on record: 13 filed by the company and 19 filed against it. 11 are pending. Most are in the district courts.
Frontage Media was incorporated on 08 May 2010. It is registered with the Registrar of Companies, Mumbai.
Manesh Lalji Dawda was appointed as Irp/Rp/Liquidator on 11 May 2023. Rakesh Ramkripal Mishra ceased to be Director on 07 Feb 2018. Pradeep Ramkripal Mishra was appointed as Director on 08 May 2010. Frontage Media has 4 board changes on record in total.
Frontage Media can be reached through the website frontagemedia.in. Its registered office is in Mumbai, Maharashtra, India.