Iris Cable and Broadband Private Limited
About Iris Cable and Broadband Private Limited
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Iris Cable and Broadband Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the cable tv and dth services segment of the media and publishing sector. It was incorporated on 16 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U64200KA2013PTC068561. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹7.83 Cr. It is led by directors including Shankar Subramanya Bhat and Gadham Ashok Kumar Sreelakshmi.
Its last annual general meeting (AGM) was held on 29 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at #409 4th Floor 'A' Wing Mittal Towers M.G.Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2016, the company reported a revenue of ₹11.87 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹54,079 (net margin 0%) and EBITDA of ₹2.74 Cr (EBITDA margin 23.1%).
As per MCA filings, the company has open charges of ₹8.18 Cr on record. Court records list 12 cases involving the company, including 1 filed by the company and 11 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Iris Cable and Broadband Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address#409 4th Floor 'A' Wing Mittal Towers M.G.Road, Bangalore, Karnataka, India – 560001
- IndustryMedia and Publishing, Cable TV & DTH Services
To see the full contact details of Iris Cable and Broadband 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 Iris Cable and Broadband is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities |
To see the full business activity and turnover split of Iris Cable and Broadband Private Limited, buy the company report.
Financials of Iris Cable and Broadband Private Limited
FY 2016 filings availableIris Cable and Broadband Private Limited reported revenue of ₹11.87 Cr (down 1% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year. EBITDA rose 154% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹11.87 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹2.74 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹54,079 | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 23.1% | |
| Net Profit Margin | 0% | |
| 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 Iris Cable and Broadband Private Limited, buy the company report.
Board of directors of Iris Cable and Broadband Private Limited
Iris Cable and Broadband has 8 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shankar Subramanya Bhat | Director | 16 Apr 2013 | 13 Years 6 Months | Current |
| Gadham Ashok Kumar Sreelakshmi | Director | 16 Apr 2013 | 13 Years 6 Months | Current |
| Arvind Kumar Mysore Bhaskar | Director | 16 Apr 2013 | 13 Years 6 Months | Current |
| Govindappa Naidu Balasubramani | Director | 16 Apr 2013 | 13 Years 6 Months | Current |
| Sathyanarayana Udaykumar | Director | 16 Apr 2013 | 13 Years 6 Months | Current |
| Panthala Devaiah Yeshoda | Director | 16 Apr 2013 | 13 Years 6 Months | Current |
Peer comparison
Iris Cable and Broadband Private Limited is compared with the 4 companies closest to it by revenue in the Media and Publishing industry (Cable Television and DTH), with the same principal business activity (wired, wireless or satellite telecommunication activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Technobile Systems Private Limited | ₹13.02 Cr (FY 2023) | -13.0% | Gurgaon, Haryana, India | |||
| Udupi Fastnet Private Limited | ₹12.62 Cr (FY 2024) | 79.0% | Udupi, Karnataka, India | |||
| Iris Cable and Broadband Private Limitedthis company | ₹11.87 Cr (FY 2016) | ₹54,079 | 0% | -1.0% | Bangalore, Karnataka, India | |
| Sermed Services India Private Limited | ₹11.34 Cr (FY 2016) | -34.0% | Mumbai, Maharashtra, India | |||
| Kozhikode Cable Communicators Limited | ₹10.88 Cr (FY 2025) | 6.0% | Kozhikode, Kerala, India |
To see the full peer comparison of Iris Cable and Broadband Private Limited, buy the company report.
Auditor
Iris Cable and Broadband Private Limited is audited by A N CHALUVAIYA & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A N CHALUVAIYA & CO | FY 2016 | 000552S |
Shareholding
The shareholding of Iris Cable and Broadband Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Iris Cable and Broadband Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Sep 2015 | 100034905 | Others | ₹2.05 Cr | Open | |
| 20 Feb 2014 | 10485417 | Indian Overseas Bank | ₹6.13 Cr | Open |
To see the full charge records of Iris Cable and Broadband Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Iris Cable and Broadband Private Limited has 12 court cases on record: 1 filed by Iris Cable and Broadband, 11 filed against it. 1 case is pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 10 | 1 |
| High courts | 1 | 1 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed by the company against GTPL Hathway Ltd. THR. Authorised Officer Dharmendra P Rami THR. Authorised Officer Dharmendra P Rami 202, Sahjanand Complex, Opp. Swaminarayan Mandir, Shahibaug, Ahmedabad , District: Ahmedabad ,Ahmedabad , Gujarat | Disposed |
| High Court, GUJARAT | Court case (IAAP) | Filed against the company by GTPL Hathway Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Ms Sobek Guarding Pvt Ltd, Rep by Its Managing Director Sameer Bishnoi | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Ms Sobek Guarding Pvt Ltd, Rep by Its Managing Director Sameer Bishnoi | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by GTPL Hathway Pvt Ltd Former Name Gujarat Telelink Pvt Ltd Trough Its Autho | Disposed |
To see the full case history of Iris Cable and Broadband 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 Iris Cable and Broadband Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Iris Cable and Broadband has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Iris Cable and Broadband Private Limited, buy the company report.
Recent activity
Iris Cable and Broadband Private Limited has 12 board changes on record since 2013: 8 appointments and 4 cessations. The latest: Arvind Kumar Mysore Bhaskar ceased to be Director on 30 Mar 2019.
6 earlier events are in the company report.
Frequently asked questions
Iris Cable and Broadband is an active private limited company based in Bangalore, Karnataka, India. The company works in cable tv and dth services, within the media and publishing industry. It was incorporated on 16 April 2013 (13+ years old) and is registered under CIN U64200KA2013PTC068561.
Iris Cable and Broadband has 8 current directors:
- Shankar Subramanya Bhat - Director
- Gadham Ashok Kumar Sreelakshmi - Director
- Arvind Kumar Mysore Bhaskar - Director
- Govindappa Naidu Balasubramani - Director
- Sathyanarayana Udaykumar - Director
- Panthala Devaiah Yeshoda - Director
- Lakshman Kadasetyu - Director
- Thammaiah Narendra Kumar - Director
The latest financial statements of Iris Cable and Broadband on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 29 September 2016. Year-wise statements from 2015 are in the company report.
No. Iris Cable and Broadband has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Iris Cable and Broadband is U64200KA2013PTC068561. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iris Cable and Broadband has 12 court cases on record: 1 filed by the company and 11 filed against it. 1 is pending. Most are in the district courts.
Iris Cable and Broadband was incorporated on 16 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Iris Cable and Broadband by revenue are Technobile Systems Private Limited, Udupi Fastnet Private Limited, Sermed Services India Private Limited, Kozhikode Cable Communicators Limited, all in the Media and Publishing industry (Cable Television and DTH), with the same principal business activity (wired, wireless or satellite telecommunication activities).
Arvind Kumar Mysore Bhaskar ceased to be Director on 30 Mar 2019. Shankar Subramanya Bhat ceased to be Director on 30 Mar 2019. Nekundi Krishnareddy Nagabhushana ceased to be Director on 31 May 2018. Iris Cable and Broadband has 12 board changes on record in total.
The registered office of Iris Cable and Broadband is at #409 4th Floor A Wing Mittal Towers M.G.Road, Bangalore, Karnataka, India – 560001.
Iris Cable and Broadband operates in the media and publishing industry, in the cable tv and dth services segment.
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