Gemini Arts Private Limited
About Gemini Arts Private Limited
Data last updated:
Gemini Arts Private Limited is a private limited company based in Chennai, Tamil Nadu, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the film and digital content production segment of the media and publishing sector. It was incorporated on 09 May 1962.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65921TN1962PTC004782.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹15.25 Lakh. It was formerly known as Gemini Arts Limited. It is led by directors including Balasubramanian Viswanathan Tatamangalam (Irp/Rp/Liquidator) and Akkineni Manohar Prasad.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 121 Mount Road Madras – 6, Chennai, Tamil Nadu, India.
As per the financials filed for FY 2018, the company reported a revenue of ₹8.13 Lakh, a growth of 70% compared to the previous year. For the same year it recorded a net loss of ₹17.77 Lakh (net margin -218.7%) and EBITDA of -₹20.03 Lakh (EBITDA margin -246.5%). Revenue has grown at a compounded annual rate (CAGR) of 223% over three years.
As per MCA filings, the company has open charges of ₹1 Lakh and satisfied charges of ₹168.8 Cr on record. Court records list 232 cases involving the company, including 38 filed by the company and 195 filed against it; 38 cases are pending.
Company details
Contact details
Gemini Arts Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered Address121 Mount Road Madras – 6, Chennai, Tamil Nadu, India
- IndustryMedia and Publishing, Film & Digital Content Production
To see the full contact details of Gemini Arts 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 Gemini Arts is arts, entertainment and recreation. In detail, this covers creative, arts and entertainment activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | R1 | Creative, arts and entertainment activities |
To see the full business activity and turnover split of Gemini Arts Private Limited, buy the company report.
Financials of Gemini Arts Private Limited
FY 2018 filings availableGemini Arts Private Limited reported revenue of ₹8.13 Lakh (up 70% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 223% over three years, including 70% growth in the latest year. EBITDA fell 161% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹8.13 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹20.03 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹17.77 Lakh | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -246.5% | |||
| Net Profit Margin | -218.7% | |||
| 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 Gemini Arts Private Limited, buy the company report.
Board of directors of Gemini Arts Private Limited
Gemini Arts has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balasubramanian Viswanathan Tatamangalam Also directs: PKF Sridhar & Santhanam LLP, Sands Chembur Properties Private Limited, Sands Hyderabad Properties Private Limited and 4 more | Irp/Rp/Liquidator | 13 Feb 2024 | 2 Years 8 Months | As last reported |
| Akkineni Manohar Prasad | Director | 01 Apr 1992 | 34 Years 7 Months | As last reported |
| Ananthakrishnan Balakrishnan Also directs: Jda Consultancy Services Private Limited | Director | 01 Sep 2017 | 9 Years 2 Months | As last reported |
| Akkineni Sriramulu Also directs: Sapphire Media & Infrastructure Limited | Additional Director | 13 Jul 2013 | 13 Years 3 Months | As last reported |
| Sripriya Kumar Also directs: TSF Investments Limited, National Securities Depository Limited, Indian Institute of Insolvency Professionals of Icai and 1 more | Irp/Rp/Liquidator | 01 Sep 2023 | 3 Years 2 Months | As last reported |
Auditor
Gemini Arts Private Limited is audited by ANIL NAIR & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANIL NAIR & ASSOCIATES | FY 2018 | 000175S |
Shareholding
The shareholding of Gemini Arts Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Gemini Arts Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Sep 1980 | 90322341 | Tamilnad Mercantile Bank Ltd. | ₹1 Lakh | Open | |
| 08 Jun 2007 | 10061603 | Il&Fs Financial Services Limited | ₹10 Cr | Satisfied | |
| 08 Jun 2007 | 10061604 | Il&Fs Financial Services Limited | ₹15 Cr | Satisfied | |
| 01 Jun 2007 | 10062766 | Infrastructure Leasing and Financial Services Limited | ₹125 Cr | Satisfied | |
| 22 Dec 1995 | 90317108 | Indian Bank | ₹9 Cr | Satisfied |
To see the full charge records of Gemini Arts Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Gemini Arts Private Limited has 232 court cases on record: 38 filed by Gemini Arts, 195 filed against it. 38 cases are pending and 194 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 206 | 172 | 33 |
| District courts | 14 | 14 | 0 |
| Supreme Court | 6 | 4 | 0 |
| NCLAT | 4 | 4 | 4 |
| NCLT | 2 | 1 | 1 |
Cases on record (5 of 232)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Appeal | Filed against the company by M/S. Nam Hotels LLP and 4 others | Pending |
| High Court, TAMIL NADU | Court case (REV.APPL) | Filed against the company by Vanbey Holdings Private Limited P.J.George, Prasanth Vijay R,Najeeb Usman Khan | Pending |
| NCLAT, Court I | Tribunal matter | Filed against the company by Kotak Mahindra Bank Limited | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by Ayangaran Film International Media Pvt.Ltd and 1 other | Pending |
| High Court, TAMIL NADU | Court case (AS) | Filed against the company by Ayangaran Film International Media Pvt.Ltd and 1 other | Pending |
To see the full case history of Gemini Arts 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 Gemini Arts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Gemini Arts Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Gemini Arts Private Limited has 6 board changes on record since 1992: 5 appointments and 1 cessation. The latest: Balasubramanian Viswanathan Tatamangalam was appointed as Irp/Rp/Liquidator on 13 Feb 2024.
12 earlier events are in the company report.
Frequently asked questions
Gemini Arts is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Gemini Arts is a company under liquidation, formerly operating as a private limited company based in Chennai, Tamil Nadu, India. The company works in film and digital content production, within the media and publishing industry. It was incorporated on 09 May 1962 and is registered under CIN U65921TN1962PTC004782. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Gemini Arts has 5 current directors:
- Akkineni Manohar Prasad - Director
- Ananthakrishnan Balakrishnan - Director
- Akkineni Sriramulu - Additional Director
- Balasubramanian Viswanathan Tatamangalam - Irp/Rp/Liquidator
- Sripriya Kumar - Irp/Rp/Liquidator
The latest financial statements of Gemini Arts on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Gemini Arts is U65921TN1962PTC004782. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gemini Arts has open charges of ₹1 Lakh and satisfied charges of ₹168.8 Cr as per latest MCA filings.
Gemini Arts has 232 court cases on record: 38 filed by the company and 195 filed against it. 38 are pending. Most are in the high courts.
Gemini Arts was incorporated on 09 May 1962. It is registered with the Registrar of Companies, Chennai.
Balasubramanian Viswanathan Tatamangalam was appointed as Irp/Rp/Liquidator on 13 Feb 2024. Sripriya Kumar was appointed as Irp/Rp/Liquidator on 01 Sep 2023. Ananthakrishnan Balakrishnan was appointed as Director on 01 Sep 2017. Gemini Arts has 6 board changes on record in total.
The registered office of Gemini Arts is at 121 Mount Road Madras – 6, Chennai, Tamil Nadu, India.
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