Ishtar Music Private Limited

Ishtar Music Private Limited - media and publishing in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U22300MH2018PTC309504 Incorporated 16 May 2018 ROC Mumbai HQ Mumbai, Maharashtra, India
Merged Private Limited Company media and publishing
Data last updated
Revenue · FY 2023
₹76.85 Cr
▲ 8.00% YoY
EBITDA · FY 2023
Locked
In full report
Net profit · FY 2023
Locked
In full report
Authorised capital
₹8 Cr
Registered with MCA
Paid-up capital
₹7.54 Cr
Issued & subscribed
Open charges
None
Satisfied ₹5 Lakh
Company age
8 yrs
Est. 2018
Employees · EPFO
10
Latest available

About Ishtar Music Private Limited

Data last updated: 26 July 2025

Ishtar Music Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Believe International. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It specialised in film and digital content production, a part of the broader media and publishing sector. Incorporated on 16 May 2018.

Registered with ROC Mumbai under CIN U22300MH2018PTC309504.

Capital: an authorised share capital of ₹8 Cr and a paid-up capital of ₹7.54 Cr. Formerly known as Venus Music Private Limited. It was led by directors including Sylvain Jean Joseph Delange and Vivek Rajnath Raina.

Last AGM: 07 September 2023. Financial statements filed for year ended 31 March 2023. Office: 1003 10Th Floor Hallmark Business Plaza Near Guru Nanak Hospital Bandra (East), Mumbai, Maharashtra, India – 400051.

As per the financials filed for FY 2023, the company reported a revenue of ₹76.85 Cr, a growth of 8% compared to the previous year.

The company had a reported workforce of approximately 10 employees prior to being dissolved. It operated as a subsidiary of Believe International.

The company was associated with 1 brand - Believe. As per MCA filings, the company had satisfied charges of ₹5 Lakh on record.

The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity. The last known website on record is believe.com.

Company Details of Ishtar Music Private Limited
CIN U22300MH2018PTC309504
Registration Number 309504
Incorporation Date 16 May 2018
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 07 September 2023
Date of Balance Sheet 31 March 2023
Parent Company Believe International
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    1003 10Th Floor Hallmark Business Plaza Near Guru Nanak Hospital Bandra (East), Mumbai, Maharashtra, India – 400051
  • Industry
    Media and Publishing, Film & Digital Content Production
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Financials, compliance, directors, charges, ownership and filings for Ishtar Music Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Ishtar Music Private Limited

Ishtar Music Private Limited operates one associated brand: Believe. These brands represent Ishtar Music Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Diversified software is developed for music artists and labels. believe.com

Competitors & Alternatives of Ishtar Music Private Limited

Brands and companies operating in the same space as Ishtar Music Private Limited include Create Music Group, Vydia, Haawk and 6 more.

Competitor Description Location Founded
Create Music Group Create Music Group Diversified solutions for artists and labels are provided. Los Angeles, United States, United States 2015
Vydia Vydia Videos and audios are published by artists on streaming platforms. Freehold, United States, United States 2013
Haawk Haawk Online platform for rights management, music distribution, and micro-sync licensing Studio City, United States, United States 2017
ReverbNation ReverbNation Online tools connect musicians with fans and industry professionals. Morrisville, United States, United States 2006
Nomono Nomono AI-enabled hardware and software for music recording are developed. Trondheim, Norway, Norway 2019
Rap Tech Studios Rap Tech Studios Application for music recording, streaming, auto tune, and tracks sharing London, United Kingdom, United Kingdom 2019
Global Music Rights Global Music Rights Music rights are licensed, surveyed, and royalties distributed to creators. Los Angeles, United States, United States 2013
Orfium Orfium Music distribution and royalty management are facilitated for artists. Los Angeles, United States, United States 2014
Muse Group Muse Group Music-related applications are developed for playing, recording, and composing. San Francisco, United States, United States 1998

Business Activity of Ishtar Music Private Limited

Ishtar Music Private Limited is engaged in the principal business activity of arts, entertainment and recreation, with detailed activities including creative, arts and entertainment activities.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
R Arts, entertainment and recreation R1 Creative, arts and entertainment activities Locked
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Auditor Details of Ishtar Music Private Limited

Ishtar Music Private Limited is audited by V P THACKER & CO for the financial year 2020. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
V P THACKER & CO Locked Locked Locked
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Board of Directors of Ishtar Music Private Limited

Ishtar Music Private Limited is currently managed by 3 directors, with 8 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Directors (as last reported)
Name Designation Appointment Date Tenure Status
Sylvain Jean Joseph Delange Director 09 Sep 2019 6 Years 11 Months As last reported
Vivek Rajnath Raina Director 09 Sep 2019 6 Years 11 Months As last reported
Nikhil Sahadev Halwalkar Director 08 Aug 2022 4 Years 0 Months As last reported

Financials of Ishtar Music Private Limited FY 2023 filings available

Ishtar Music Private Limited reported revenue of ₹76.85 Cr (up 8.00% YoY) for FY 2023.

Revenue · FY 2023
₹76.85 Cr ▲ 8.00%
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Ten-year financial statements for Ishtar Music Private Limited

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Ownership and Shareholding of Ishtar Music Private Limited

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Shareholding and ownership data for Ishtar Music Private Limited

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Charges & Borrowings of Ishtar Music Private Limited

Open charges
₹0
Satisfied charges
₹5 Lakh
Breakdown by lending institutions
The Hongkong and Shanghai Banking Corporation Limited₹0.05 Cr
Latest charge details
DateLenderAmountStatus
02 Aug 2021 The Hongkong and Shanghai Banking Corporation Limited ₹5 Lakh Satisfied

Total charge records: 1 View all charges

Employees and EPFO Compliance at Ishtar Music Private Limited

Ishtar Music Private Limited has a workforce of 10 employees as of Apr 08, 2024.

Employee count
10
Active EPFO establishments
1
Employee growth
-23.08%
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Employee and EPFO history for Ishtar Music Private Limited

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GST Compliance of Ishtar Music Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Ishtar Music Private Limited

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Credit ratings, litigation, and regulatory alerts for Ishtar Music Private Limited

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MSME Payment Delays by Ishtar Music Private Limited

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MSME payment history for Ishtar Music Private Limited

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Subsidiaries & Group Companies of Ishtar Music Private Limited

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Corporate group structure for Ishtar Music Private Limited

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MCA Filings & Documents of Ishtar Music Private Limited

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MCA filings and documents for Ishtar Music Private Limited

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Recent Activity on Ishtar Music Private Limited

Activity
07 Sep 2023
Ishtar Music Private Limited last Annual general meeting of members was held on 07 Sep 2023 as per latest MCA records.
Charges
12 Apr 2023
A charge registered on 02 Aug 2021 via Charge ID 100464418 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 12 Apr 2023.
Activity
31 Mar 2023
Ishtar Music Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Directors
08 Aug 2022
Nikhil Sahadev Halwalkar was appointed as a Director on 08 Aug 2022 & has been associated with this company since 4 years 5 days.
Charges
02 Aug 2021
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 0.05 Cr with Charge ID 100464418 was registered on 02 Aug 2021.
Directors
09 Sep 2019
Sylvain Jean Joseph Delange was appointed as a Director on 09 Sep 2019 & has been associated with this company since 6 years 11 months.

Frequently Asked Questions about Ishtar Music Private Limited

Ishtar Music Private Limited 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.

Ishtar Music Private Limited is a amalgamated private limited company in the media and publishing sector based in Mumbai, Maharashtra, India. It was incorporated on 16 May 2018 and is registered under CIN U22300MH2018PTC309504. The company was amalgamated as per MCA records and no longer exists as a legal entity.

Ishtar Music Private Limited was incorporated on 16 May 2018. Registered with ROC Mumbai.

The current directors of Ishtar Music Private Limited are:

The CIN (Corporate Identification Number) of Ishtar Music Private Limited is U22300MH2018PTC309504. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The primary industry of Ishtar Music Private Limited is media and publishing. The company specifically operates in film and digital content production.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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