About Idea Mobile Commerce Services Limited
Data last updated:
Idea Mobile Commerce Services Limited was a public limited company based in New Delhi, Delhi, India, operated as a subsidiary of Idea Cellular 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 digital payment solutions segment of the financial services sector. It was incorporated on 19 October 2007.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U32204DL2007PLC169599. Its GSTIN is 22AADCC2683H1ZW (Chhattisgarh). The company held 10 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹100 Cr and a paid-up capital of ₹90 Cr. It was formerly known as Carlos Towers Limited. It was led by directors including Akshaya Moondra and Pankaj Kapdeo.
Its last annual general meeting (AGM) was held on 27 June 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 7th Floor Konnectus Building Bhavbhuti Marg Near Minto Bridge Conna, Ught Place, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2017, the company reported a revenue of ₹11.32 Cr, a growth of 57% compared to the previous year. For the same year it recorded a net loss of ₹59.02 Cr and EBITDA of -₹58.97 Cr.
The company had about 1 employee on its provident fund (EPFO) records before it was dissolved.
Court records list 1 case involving the company, including 1 filed against it.
The last known website on record is idea.adityabirla.com.
Company details
Contact details
Idea Mobile Commerce Services Limited's registered office is in New Delhi, Delhi. Its website is idea.adityabirla.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address7th Floor Konnectus Building Bhavbhuti Marg Near Minto Bridge Conna, Ught Place, New Delhi, Delhi, India – 110001
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of Idea Mobile Commerce Services 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 Idea Mobile Commerce Services is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Idea Mobile Commerce Services Limited, buy the company report.
Financials of Idea Mobile Commerce Services Limited
FY 2017 filings availableIdea Mobile Commerce Services Limited reported revenue of ₹11.32 Cr (up 57% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 57% in the latest year. EBITDA fell 162% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹11.32 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹58.97 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹59.02 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| 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 | |||
| 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 Idea Mobile Commerce Services Limited, buy the company report.
Board of directors of Idea Mobile Commerce Services Limited
Idea Mobile Commerce Services has 5 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akshaya Moondra | Director | 30 Mar 2009 | 17 Years 7 Months | As last reported |
| Pankaj Kapdeo Also directs: Icrier and Vodafone Idea Centre for Telecom | Director | 16 Dec 2010 | 15 Years 10 Months | As last reported |
| Tarjani Manmukram Vakil Also directs: Ab General Electoral Trust | Director | 23 Jan 2015 | 11 Years 9 Months | As last reported |
| Ambrish Pandey Jain Also directs: Intellect Design Arena Limited | Director | 23 Jan 2015 | 11 Years 9 Months | As last reported |
| Himanshu Kapania | Director | 20 Dec 2011 | 14 Years 10 Months | As last reported |
Peer comparison
Idea Mobile Commerce Services Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Mobile, Payment Solution Providers), with the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Idea Mobile Commerce Services Limitedthis company | ₹11.32 Cr (FY 2017) | -₹59.02 Cr | 57.0% | 1 | New Delhi, Delhi, India | |
| Yanni Business Solution Private Limited | ₹11.25 Cr (FY 2022) | 36.0% | Thiruvananthapuram, Kerala, India | |||
| Mobile Telecare Services Private Limited | ₹11.18 Cr (FY 2025) | -12.0% | Delhi, India | |||
| Crowdfinch Cybernetics Private Limited | ₹10.97 Cr (FY 2017) | Jaipur, Rajasthan, India |
To see the full peer comparison of Idea Mobile Commerce Services Limited, buy the company report.
Auditor
Idea Mobile Commerce Services Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2017 | 117366 W/W |
Shareholding
The shareholding of Idea Mobile Commerce Services 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 Idea Mobile Commerce Services Limited, buy the company report.
Legal cases
Idea Mobile Commerce Services Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Criminal case | Filed against the company by Registrar of Companies | Disposed |
To see the full case history of Idea Mobile Commerce Services 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 Idea Mobile Commerce Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Idea Mobile Commerce Services Limited has a workforce of 1 employees on its EPFO records as of Feb 2018, 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 Idea Mobile Commerce Services Limited, buy the company report.
GST
Idea Mobile Commerce Services has 10 GST registrations: 1 active and 9 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AADCC2683H1ZW | Chhattisgarh | Active | 01 Aug 2017 |
To see the full GST registrations and return filing status of Idea Mobile Commerce Services Limited, buy the company report.
Recent activity
Idea Mobile Commerce Services Limited has 17 board changes on record since 2009: 5 appointments and 12 cessations. The latest: Baldev Raj Gupta ceased to be Director on 09 May 2017.
8 earlier events are in the company report.
Frequently asked questions
Idea Mobile Commerce Services 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.
Idea Mobile Commerce Services was a public limited company based in New Delhi, Delhi, India. The company worked in digital payment solutions, within the financial services industry. It was incorporated on 19 October 2007 and is registered under CIN U32204DL2007PLC169599. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Idea Mobile Commerce Services was incorporated on 19 October 2007. It is registered with the Registrar of Companies, Delhi.
Idea Mobile Commerce Services had 5 directors:
- Akshaya Moondra - Director
- Pankaj Kapdeo - Director
- Tarjani Manmukram Vakil - Director
- Ambrish Pandey Jain - Director
- Himanshu Kapania - Director
The CIN (Corporate Identification Number) of Idea Mobile Commerce Services is U32204DL2007PLC169599. 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 Idea Mobile Commerce Services is at 7th Floor Konnectus Building Bhavbhuti Marg Near Minto Bridge Conna, Ught Place, New Delhi, Delhi, India – 110001.
Idea Mobile Commerce Services can be reached through the website idea.adityabirla.com. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Idea Mobile Commerce Services on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 27 June 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Idea Mobile Commerce Services is 22AADCC2683H1ZW, registered in Chhattisgarh. The company has 10 GST registrations in all, of which 1 is active and 9 are cancelled or inactive.
Idea Mobile Commerce Services operated in the financial services industry, in the digital payment solutions segment.
The peers of Idea Mobile Commerce Services by revenue are Yanni Business Solution Private Limited, Mobile Telecare Services Private Limited, Crowdfinch Cybernetics Private Limited, all in the BFSI industry (Mobile, Payment Solution Providers), with the same principal business activity (other information & communication service activities).
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