HCV Digital Entertainment Private Limited

HCV Digital Entertainment Private Limited - telecom in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U92100KA2009PTC085687 Incorporated 05 January 2009 ROC Bangalore HQ Bangalore, Karnataka, India
Merged Private Limited Company telecom
Data last updated
Revenue · FY 2023
₹27.42 Cr
▼ 6% YoY
Net profit · FY 2023
₹1.65 Cr
Net margin 6%
EBITDA · FY 2023
₹6.84 Cr
EBITDA margin 24.9%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹3.85 Lakh
Issued & subscribed
Satisfied charges
₹1 Cr
No open charges
Company age
17 yrs
Est. 2009
Employees · EPFO
89
Provident fund records

About HCV Digital Entertainment Private Limited

Data last updated:

HCV Digital Entertainment Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Act Digital Home Entertainment Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the isp and broadband services segment of the telecommunications sector. It was incorporated on 05 January 2009.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U92100KA2009PTC085687. Its GSTIN is 37AACCH1637H2ZO (Andhra Pradesh). The company held 2 GST registrations, of which 1 is active.

The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.85 Lakh. It was led by directors including Prithvi Raj Manthena and Chakkunkumarath Narayanan Suresh Babu.

Its last annual general meeting (AGM) was held on 05 July 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 2nd & 3rd Floor No.1 Indian Express Building Queen'S Road, Bangalore, Karnataka, India – 560001.

As per the financials filed for FY 2023, the company reported a revenue of ₹27.42 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹1.65 Cr (net margin 6%) and EBITDA of ₹6.84 Cr (EBITDA margin 24.9%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 2% over five years.

The company had about 89 employees on its provident fund (EPFO) records before it was dissolved.

The company was associated with 1 brand: ACT Fibernet. As per MCA filings, the company had satisfied charges of ₹1 Cr on record. Court records list 16 cases involving the company, including 14 filed by the company and 2 filed against it; 4 cases are pending. The company has 2 deals on record (1 acquisition, 1 secondary share transfer); the latest was in September 2013. The company has 4 MSME Form 1 returns on record between 2022 and 2024, listing 9 overdue payments to 7 micro and small suppliers.

The last known website on record is actcorp.in.

Company details

CIN U92100KA2009PTC085687
Registration Number 085687
Incorporation Date 05 January 2009
ROC Bangalore
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 05 July 2023
Date of Balance Sheet 31 March 2023
Parent Company Act Digital Home Entertainment Private Limited
Compliance Status Active Compliant

CIN history

HCV Digital Entertainment has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U92100KA2009PTC085687, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U92100KA2009PTC085687Current
U92100TG2009PTC062462Previous
U92100AP2009PTC062462Previous

Contact details

HCV Digital Entertainment Private Limited's registered office is in Bangalore, Karnataka. Its website is actcorp.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Apps
  • Registered Address
    2nd & 3rd Floor No.1 Indian Express Building Queen'S Road, Bangalore, Karnataka, India – 560001
  • Industry
    Telecom, ISP & Broadband Services

To see the full contact details of HCV Digital Entertainment Private Limited, buy the company report.

Comprehensive company report
HCV Digital Entertainment Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

HCV Digital Entertainment operates one associated brand: ACT Fibernet. Each brand links to its own profile.

BrandDescriptionWebsite
High-speed fiber broadband services are provided by ACT Fibernet.actcorp.in

Business activity

The main business activity of HCV Digital Entertainment is information and communication. In detail, this covers broadcasting and programming activities and other information & communication service activities. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ4Broadcasting and programming activities
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of HCV Digital Entertainment Private Limited, buy the company report.

Financials of HCV Digital Entertainment Private Limited

FY 2023 filings available

HCV Digital Entertainment Private Limited reported revenue of ₹27.42 Cr (down 6% YoY) for FY 2023.

Revenue · FY 2023
₹27.42 Cr ▼ 6%
Net profit · FY 2023
₹1.65 Cr margin 6%
EBITDA · FY 2023
₹6.84 Cr margin 24.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▼ 2%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 31%
3 years · compounded
▼ 7%
5 years · compounded
▼ 2%

Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA rose 31% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹27.42 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹6.84 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.65 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin24.9%
Net Profit Margin6%
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 HCV Digital Entertainment Private Limited, buy the company report.

Board of directors of HCV Digital Entertainment Private Limited

HCV Digital Entertainment has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Chakkunkumarath Narayanan Suresh BabuNominee Director30 May 20242 Years 5 MonthsAs last reported
Yugandhar DuvvuriNominee Director22 Jun 20233 Years 4 MonthsAs last reported
Prithvi Raj ManthenaDirector04 Jan 20215 Years 10 MonthsAs last reported

Auditor

HCV Digital Entertainment Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S.R. Batliboi & Associates LLPFY 2023101049W/E300004

Shareholding

The shareholding of HCV Digital Entertainment 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of HCV Digital Entertainment Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹1 Cr
Breakdown by lending institutions
Icici Bank Limited₹1.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
13 Nov 201010254188Icici Bank Limited₹1 CrSatisfied

To see the full charge records of HCV Digital Entertainment Private Limited, buy the company report.

Total charge records: 1 View all charges

Deals & funding

HCV Digital Entertainment Private Limited has 2 deals on record (1 acquisition, 1 secondary share transfer); the latest was in September 2013.

Total deals
2
Acquisition
1
Secondary share transfer
1

Deals on record (2 of 2)

WhenDealAmountParties
Sep 2013Secondary share transferUndisclosedBuyer: Act Digital Home Entertainment Private Limited
Seller: Act Digital Home Entertainment Private Limited
Aug 2009Acquisition₹7.25 CrBuyer: Act Digital Home Entertainment Private Limited

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

HCV Digital Entertainment Private Limited has 4 MSME Form 1 returns on record between 2022 and 2024, listing 9 overdue payments to 7 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 7)

SupplierAmount dueDue sinceReported on
Advanced Fiber Solutions
an individual supplier
an individual supplier
an individual supplier
Accord Power Conversion Private Limited

To see the full MSME payment records of HCV Digital Entertainment Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

HCV Digital Entertainment Private Limited has a workforce of 89 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.

Employee count
89
Active EPFO establishments
1
Employee growth
-5.32%

GST

HCV Digital Entertainment has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
37AACCH1637H2ZOAndhra PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of HCV Digital Entertainment Private Limited, buy the company report.

Recent activity

HCV Digital Entertainment Private Limited has 13 board changes on record since 2009: 3 appointments and 10 cessations. The latest: Chakkunkumarath Narayanan Suresh Babu was appointed as Nominee Director on 30 May 2024.

Appointed
Chakkunkumarath Narayanan Suresh Babu was appointed as Nominee Director.
AGM
Hcv Digital Entertainment Private Limited last Annual general meeting of members was held on 05 Jul 2023 as per latest MCA records.
Appointed
Yugandhar Duvvuri was appointed as Nominee Director.
Ceased
Sharad Kumar Khaitan ceased to be Additional Director.
Filing
Hcv Digital Entertainment Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Appointed
Prithvi Raj Manthena was appointed as Director.
Ceased
Satyanarayana Varaprasad Banka ceased to be Additional Director.
Ceased
Srinivas Chintada ceased to be Additional Director.
Ceased
Prithvi Raj Manthena ceased to be Managing Director.
Ceased
Prakash Harjivandas Thakrar ceased to be Director.
Charges
A charge registered on 13 Nov 2010 via Charge ID 10254188 with Icici Bank Limited was fully satisfied on 31 Dec 2014.
Ceased
Shefali Mohapatra ceased to be Additional Director.

6 earlier events are in the company report.

Frequently asked questions

HCV Digital Entertainment has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

HCV Digital Entertainment was a private limited company based in Bangalore, Karnataka, India. The company worked in isp and broadband services, within the telecom industry. It was incorporated on 05 January 2009 and is registered under CIN U92100KA2009PTC085687. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

HCV Digital Entertainment was incorporated on 05 January 2009. It is registered with the Registrar of Companies, Bangalore.

HCV Digital Entertainment had 3 directors:

The CIN (Corporate Identification Number) of HCV Digital Entertainment is U92100KA2009PTC085687. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of HCV Digital Entertainment is at 2nd & 3rd Floor No.1 Indian Express Building QueenS Road, Bangalore, Karnataka, India – 560001.

HCV Digital Entertainment can be reached through the website actcorp.in. Its registered office is in Bangalore, Karnataka, India.

The latest financial statements of HCV Digital Entertainment on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 05 July 2023. Year-wise statements from 2015 are in the company report.

The GSTIN of HCV Digital Entertainment is 37AACCH1637H2ZO, registered in Andhra Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

HCV Digital Entertainment operated in the telecom industry, in the isp and broadband services segment.

HCV Digital Entertainment has 2 deals on record (1 acquisition, 1 secondary share transfer); the latest was in September 2013.