About Gigstart Entertainment Private Limited
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Gigstart Entertainment Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Kwan Talent Management Agency Private Limited. It operates in the event planning and management segment of the events and entertainment sector. It was incorporated on 22 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2015PTC271268. Its GSTIN is 27AAGCG2131F1Z0 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kamlakar Babu Kesarkar and Suresh Shankar Mandapeli.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 202 Commerce Centre B 27 Off Link Road Andheri West, Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2019, the company reported a revenue of ₹22,786, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹8.16 Lakh and EBITDA of -₹2.51 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 32% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Gigstart. The company has 16 deals on record (15 debt financings, 1 secondary share transfer), with disclosed funding of ₹1.58 Cr; the latest was in July 2017.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gigstart.com.
Company details
Contact details
Gigstart Entertainment Private Limited's registered office is in Mumbai, Maharashtra. Its website is gigstart.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address202 Commerce Centre B 27 Off Link Road Andheri West, Mumbai, Maharashtra, India – 400053
- IndustryEvents and Entertainment, Event Planning & Management
To see the full contact details of Gigstart Entertainment 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
Gigstart Entertainment operates one associated brand: Gigstart. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online marketplace to book entertainment performers for events | gigstart.com |
Financials of Gigstart Entertainment Private Limited
FY 2024 filings availableGigstart Entertainment Private Limited reported revenue of ₹22,786 (down 100% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 32% over three years. 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹22,786 | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹2.51 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹8.16 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | ||||
| Net Profit Margin | ||||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| 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 Gigstart Entertainment Private Limited, buy the company report.
Board of directors of Gigstart Entertainment Private Limited
Gigstart Entertainment has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamlakar Babu Kesarkar Also directs: Kwan Abler LLP, Home Entertainment Private Limited, Kwan Securities Private Limited and 5 more | Director | 17 Mar 2022 | 4 Years 7 Months | Current |
| Suresh Shankar Mandapeli Also directs: Kwan Abler LLP, Tne Media Solutions LLP, Sharp Pencil Productions Private Limited and 5 more | Director | 07 Apr 2022 | 4 Years 7 Months | Current |
Auditor
Gigstart Entertainment Private Limited is audited by WALKER CHANDIOK & CO LLP for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| WALKER CHANDIOK & CO LLP | FY 2017 | 001076N |
Shareholding
The shareholding of Gigstart Entertainment Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Gigstart Entertainment Private Limited, buy the company report.
Deals & funding
Gigstart Entertainment Private Limited has 16 deals on record (15 debt financings, 1 secondary share transfer), with disclosed funding of ₹1.58 Cr; the latest was in July 2017.
Deals on record (5 of 16)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2017 | Debt financing | ₹5 Lakh | Investors: FLM Talent Management Agency Private Limited |
| May 2017 | Debt financing | ₹10 Lakh | Investors: FLM Talent Management Agency Private Limited |
| Apr 2017 | Debt financing | ₹10 Lakh | Investors: FLM Talent Management Agency Private Limited |
| Mar 2017 | Debt financing | ₹10 Lakh | Investors: FLM Talent Management Agency Private Limited |
| Jan 2017 | Debt financing | ₹10 Lakh | Investors: FLM Talent Management Agency Private Limited |
To see the full deal history of Gigstart Entertainment Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Gigstart Entertainment Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gigstart Entertainment Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Gigstart Entertainment Private Limited has a workforce of 1 employees on its EPFO records as of Sep 2017, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2017-18 | 1 |
| FY 2016-17 |
To see the full employee and EPFO history of Gigstart Entertainment Private Limited, buy the company report.
GST
Gigstart Entertainment has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCG2131F1Z0 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gigstart Entertainment Private Limited, buy the company report.
Recent activity
Gigstart Entertainment Private Limited has 7 board changes on record since 2020: 2 appointments and 5 cessations. The latest: Suresh Shankar Mandapeli ceased to be Additional Director on 30 Sep 2022.
Frequently asked questions
Gigstart Entertainment is an active private limited company based in Mumbai, Maharashtra, India. The company works in event planning and management, within the events and entertainment industry. It was incorporated on 22 December 2015 (11+ years old) and is registered under CIN U74999MH2015PTC271268.
Gigstart Entertainment has 2 current directors:
- Kamlakar Babu Kesarkar - Director
- Suresh Shankar Mandapeli - Director
The latest financial statements of Gigstart Entertainment on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Gigstart Entertainment is 27AAGCG2131F1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Gigstart Entertainment is U74999MH2015PTC271268. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gigstart Entertainment was incorporated on 22 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Gigstart Entertainment has 16 deals on record (15 debt financings, 1 secondary share transfer), with disclosed funding of ₹1.58 Cr; the latest was in July 2017.
Suresh Shankar Mandapeli ceased to be Additional Director on 30 Sep 2022. Kamlakar Babu Kesarkar ceased to be Additional Director on 29 Sep 2022. Suresh Shankar Mandapeli was appointed as Director on 07 Apr 2022. Gigstart Entertainment has 7 board changes on record in total.
Gigstart Entertainment can be reached through the website gigstart.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Gigstart Entertainment is at 202 Commerce Centre B 27 Off Link Road Andheri West, Mumbai, Maharashtra, India – 400053.
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