About Ipsel Entertainment Private Limited
Data last updated:
Ipsel Entertainment Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the online electronics retail segment of the e-commerce sector. It was incorporated on 25 April 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2009PTC192037. Its GSTIN is 27AACCI6652F1ZK (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Im Square Projects Private Limited. It is led by directors Anita Anilkumar Harchandani and Ritesh Nandkumar Harchandani.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.85 Lakh, a decline of 34% compared to the previous year. For the same year it recorded a net loss of ₹12.65 Lakh (net margin -444.3%) and EBITDA of -₹11.01 Lakh (EBITDA margin -386.6%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 30% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tsunami.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressOffice No. 216 Hubtown Viva Shankarwadi Western Express Highway Jogeshwari (East, ), Mumbai, Maharashtra, India – 400060
- IndustryE-Commerce, Online Electronics Retail
- 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
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Business Activity of Ipsel Entertainment Private Limited
The main business activity of Ipsel Entertainment is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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
Verified entity values are shown only after access is granted.
Financials of Ipsel Entertainment Private Limited FY 2023 filings available
Ipsel Entertainment Private Limited reported revenue of ₹2.85 Lakh (down 34% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Ipsel Entertainment Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 34% fall in the latest year. EBITDA fell 50% 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 of Ipsel Entertainment Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | -₹11.01 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹12.65 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 of Ipsel Entertainment Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -386.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -444.3% | •••• | •••• | •••• | •••• |
| 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 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 Ipsel Entertainment are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Ipsel Entertainment Private Limited
Ipsel Entertainment Private Limited is audited by S P DARA & ASSOCIATES for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S P DARA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ipsel Entertainment Private Limited
Ipsel Entertainment has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anita Anilkumar Harchandani | Director | 01 May 2019 | 7 Years 5 Months | Current |
| Ritesh Nandkumar Harchandani | Director | 21 Jun 2010 | 16 Years 3 Months | Current |
Ownership and Shareholding of Ipsel Entertainment Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ipsel Entertainment Private Limited
Ipsel Entertainment Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ipsel Entertainment Private Limited
Employment history and EPFO contributions of people linked to Ipsel Entertainment.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Ipsel Entertainment Private Limited
Ipsel Entertainment has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U51909MH2009PTC192037, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909MH2009PTC192037 | Current |
| U70102MH2009PTC192037 | Previous |
| U74999MH2009PTC192037 | Previous |
Recent Activity on Ipsel Entertainment Private Limited
Director changes at Ipsel Entertainment Private Limited
Ipsel Entertainment Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Vijay Nandkumar Harchandani ceased to be Director on 03 May 2019.
Credit Ratings, Litigation & Regulatory Alerts for Ipsel Entertainment Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ipsel Entertainment Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ipsel Entertainment Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ipsel Entertainment Private Limited
Ipsel Entertainment has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCI6652F1ZK | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ipsel Entertainment Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ipsel Entertainment Private Limited
Ipsel Entertainment is an active private limited company based in Mumbai, Maharashtra, India. The company works in online electronics retail, within the e-commerce industry. It was incorporated on 25 April 2009 (17+ years old) and is registered under CIN U51909MH2009PTC192037.
Ipsel Entertainment reported revenue of ₹2.85 Lakh for FY 2023 (down 34% YoY).
Ipsel Entertainment has 2 current directors:
- Anita Anilkumar Harchandani - Director
- Ritesh Nandkumar Harchandani - Director
Ipsel Entertainment reported a net loss of ₹12.65 Lakh (net margin -444.3%) and EBITDA of -₹11.01 Lakh (EBITDA margin -386.6%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ipsel Entertainment is -36% over three years and -30% over five years. In the latest year (FY 2023) revenue fell 34%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ipsel Entertainment is 27AACCI6652F1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ipsel Entertainment is U51909MH2009PTC192037. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ipsel Entertainment was incorporated on 25 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Vijay Nandkumar Harchandani ceased to be Director on 03 May 2019. Anita Anilkumar Harchandani was appointed as Director on 01 May 2019. Anil Nandkumar Harchandani ceased to be Director on 24 Mar 2019. Ipsel Entertainment has 5 board changes on record in total.
Ipsel Entertainment can be reached through the website tsunami.co.in. Its registered office is in Mumbai, Maharashtra, India.