About Gamma Gaana Limited
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Gamma Gaana Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Times Internet Limited. It operates in the online music platforms segment of the internet and digital services sector. It was incorporated on 27 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2012PLC241148. Its GSTIN is 07AAECT4019P1ZZ (Delhi). The company holds 7 GST registrations, all of them active.
The company has an authorised share capital of ₹111.05 Cr and a paid-up capital of ₹110.78 Cr. It was formerly known as Times Deals Limited. It is led by directors including Mehul Shah and Yatish Gopendranath Mehrishi.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit No. 406 4th Floor West Wing Worldmark 1, Asset Area No.11 Hospitality Ditrict Delhi Aerocity, New Delhi, Delhi, India – 110037.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.06 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.34 Cr (net margin 16.6%) and EBITDA of ₹8.49 Cr (EBITDA margin 105.3%). Revenue has declined at a compounded annual rate (CAGR) of 60% over three years and 45% over five years.
The company is associated with 1 brand: Gaana. Court records list 29 cases involving the company, including 3 filed by the company and 26 filed against it; 13 cases are pending. The company has 9 deals on record (3 acquisitions, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1,650.22 Cr; the latest was in July 2024. The company has 9 MSME Form 1 returns on record between 2020 and 2023, listing 248 overdue payments to 21 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 gaana.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressUnit No. 406 4th Floor West Wing Worldmark 1, Asset Area No.11 Hospitality Ditrict Delhi Aerocity, New Delhi, Delhi, India – 110037
- IndustryInternet, Online Music Platforms
- 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
- One PDF report, delivered after checkout
Business Activity
The main business activity of Gamma Gaana is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Gamma Gaana Limited
FY 2025 filings availableGamma Gaana Limited reported revenue of ₹8.06 Cr (up 685% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 685% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 45%. EBITDA rose 106% 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 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | •••• | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | ₹8.49 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹1.34 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 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 105.3% | |
| Net Profit Margin | 16.6% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2020-21 to FY 2023-24, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Gamma Gaana are in the company report.
: available in the company report
Board of Directors of Gamma Gaana Limited
Gamma Gaana has 4 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rachna Burman Also directs: Dharmayug Investments Ltd, Vasuki Properties Limited, Times Strategic Solutions Limited and 4 more | Additional Director | 04 Jul 2025 | 1 Years 3 Months | Current |
| Mehul Shah | Director | 02 Jan 2024 | 2 Years 9 Months | Current |
| Yatish Gopendranath Mehrishi Also directs: Junglee Pictures Limited, Spardha Learnings Private Limited, Maverik Movies Private Limited and 1 more | Director | 02 Jan 2024 | 2 Years 9 Months | Current |
| Sufal Agrawal | Additional Director | 07 Apr 2025 | 1 Years 6 Months | Current |
Auditor Details
Gamma Gaana Limited is audited by Walker Chandiok & Co LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Walker Chandiok & Co LLP | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Gamma Gaana Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding
Gamma Gaana Limited has 9 deals on record (3 acquisitions, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1,650.22 Cr; the latest was in July 2024.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2024 | Acquisition | ₹110.26 Cr | Buyer: an individual |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Dharmayug Investments Ltd Seller: an individual |
| Dec 2023 | Acquisition | Undisclosed | Buyer: Entertainment Network (India) Limited Seller: Gamma Gaana Limited |
| Oct 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Tencent |
| Sep 2020 | Debt financing | ₹593.58 Cr | Investors: Tencent |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases
Gamma Gaana Limited has 29 court cases on record: 3 filed by Gamma Gaana, 26 filed against it. 13 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 22 | 19 | 9 |
| District courts | 6 | 6 | 4 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Interim or miscellaneous application | Filed against the company by Culver Max Entertainment Private Limited Bharucha and Partners | Pending |
| District court, Ernakulam, Kerala | Civil suit | Filed against the company by Avenirtek Digital Private Limited | Pending |
| High Court, MAHARASHTRA | Court case (COMIP) | Filed against the company by Tips Industries Ltd | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by Bharti Airtel Limited Gandhar Ulhas Pai Raikar | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Amazon Seller Services Private Limited | Disposed |
: available in 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
Gamma Gaana Limited has 9 MSME Form 1 returns on record between 2020 and 2023, listing 248 overdue payments to 21 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 21)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Perfect Harmony Productions Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| HT Mobile Solutions Limited | •••• | •••• | •••• |
| Aayuv Technologies Private Limited | •••• | •••• | •••• |
| Verifacts Services Private Limited | •••• | •••• | •••• |
: available in the company report
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Gamma Gaana.
: available in the company report
Recent Activity
Gamma Gaana Limited has 24 board changes on record since 2012: 4 appointments and 20 cessations. The latest: Rachna Burman was appointed as Additional Director on 04 Jul 2025.
15 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Gamma Gaana has 7 GST registrations: 7 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECT4019P1ZZ | Delhi | Active | 01 Jul 2017 |
| 06AAECT4019P1Z1 | Haryana | Active | 01 Jul 2017 |
| 09AAECT4019P1ZV | Uttar Pradesh | Active | 01 Jul 2017 |
| 27AAECT4019P1ZX | Maharashtra | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Related news
Frequently Asked Questions
Gamma Gaana is an active public limited company based in New Delhi, Delhi, India. The company works in online music platforms, within the internet industry. It was incorporated on 27 August 2012 (14+ years old) and is registered under CIN U72900DL2012PLC241148.
Gamma Gaana has 4 current directors:
- Rachna Burman - Additional Director
- Mehul Shah - Director
- Yatish Gopendranath Mehrishi - Director
- Sufal Agrawal - Additional Director
The latest financial statements of Gamma Gaana on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Gamma Gaana is 07AAECT4019P1ZZ, registered in Delhi. The company has 7 GST registrations in all, of which 7 are active. Other active GSTINs include 06AAECT4019P1Z1 (Haryana), 09AAECT4019P1ZV (Uttar Pradesh), 27AAECT4019P1ZX (Maharashtra).
The CIN (Corporate Identification Number) of Gamma Gaana is U72900DL2012PLC241148. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gamma Gaana has 29 court cases on record: 3 filed by the company and 26 filed against it. 13 are pending. Most are in the high courts.
Gamma Gaana was incorporated on 27 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
Gamma Gaana has 9 deals on record (3 acquisitions, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1,650.22 Cr; the latest was in July 2024.
Rachna Burman was appointed as Additional Director on 04 Jul 2025. Sufal Agrawal was appointed as Additional Director on 07 Apr 2025. Mehul Shah ceased to be Additional Director on 22 Sep 2024. Gamma Gaana has 24 board changes on record in total.
Gamma Gaana has 9 MSME Form 1 returns on record between 2020 and 2023, listing 248 overdue payments to 21 micro and small suppliers. The latest return was filed on 18 Jan 2024.
Gamma Gaana can be reached through the website gaana.com. Its registered office is in New Delhi, Delhi, India.