About Manthan Broadband Services Private Limited
Data last updated:
Manthan Broadband Services Private Limited is a private limited company based in Kolkata, West Bengal, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the cable tv and dth services segment of the media and publishing sector. It was incorporated on 30 May 2002.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U64203WB2002PTC094700. Its GSTIN is 21AADCM4565G1ZP (Odisha). The company holds 6 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4.97 Cr and a paid-up capital of ₹1.05 Cr. It is led by directors including Rajiv Dhamija and Sudip Ghosh.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 6 G C Avnue3Rd Floor, Kolkata, West Bengal, India – 700013.
As per the financials filed for FY 2017, the company reported a revenue of ₹121.92 Cr. For the same year it recorded a net loss of ₹32.3 Cr (net margin -26.5%) and EBITDA of -₹1.67 Cr (EBITDA margin -1.4%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years.
The company has about 297 employees on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries.
The company is associated with 1 brand: Manthan Broadband. As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹34.11 Cr on record. Court records list 181 cases involving the company, including 35 filed by the company and 147 filed against it; 24 cases are pending. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹7.74 Cr; the latest was in March 2012. Its 3 peer companies in the Media and Publishing industry (Cable Television and DTH), with the same principal business activity (broadcasting and programming activities) are compared by revenue, 3 smaller; the largest is Den Satellite Network Private Limited with revenue of ₹114.93 Cr.
The last known website on record is manthanbroadband.com.
Company details
Contact details
Manthan Broadband Services Private Limited's registered office is in Kolkata, West Bengal. Its website is manthanbroadband.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address6 G C Avnue3Rd Floor, Kolkata, West Bengal, India – 700013
- IndustryMedia and Publishing, Cable TV & DTH Services
To see the full contact details of Manthan Broadband Services 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
Brands
Manthan Broadband Services operates one associated brand: Manthan Broadband. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Satellite television distribution and internet services network. | manthanbroadband.com |
Business activity
The main business activity of Manthan Broadband Services is information and communication. In detail, this covers broadcasting and programming activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J4 | Broadcasting and programming activities |
To see the full business activity and turnover split of Manthan Broadband Services Private Limited, buy the company report.
Financials of Manthan Broadband Services Private Limited
FY 2017 filings availableManthan Broadband Services Private Limited reported revenue of ₹121.92 Cr for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over three years. EBITDA fell 110% 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹121.92 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1.67 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹32.3 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 | -1.4% | ||
| Net Profit Margin | -26.5% | ||
| 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 | |||
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| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Manthan Broadband Services Private Limited, buy the company report.
Board of directors of Manthan Broadband Services Private Limited
Manthan Broadband Services has 6 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajiv Dhamija | Director | 30 May 2002 | 24 Years 5 Months | As last reported |
| Sudip Ghosh Also directs: Manthan Dream Travel Private Limited, Manthan Movies Private Limited, Damva Systems Private Limited and 1 more | Director | 30 May 2002 | 24 Years 5 Months | As last reported |
| Digbijoy Dhar | Director | 30 May 2002 | 24 Years 5 Months | As last reported |
| Sib Sankar Chattopadhya | Director | 30 May 2002 | 24 Years 5 Months | As last reported |
| Shew Prokash Saha | Director | 30 May 2002 | 24 Years 5 Months | As last reported |
| Gurmeet Singh Jaspal | Director | 30 May 2002 | 24 Years 5 Months | As last reported |
Peer comparison
Manthan Broadband Services Private Limited is compared with the 3 companies closest to it by revenue in the Media and Publishing industry (Cable Television and DTH), with the same principal business activity (broadcasting and programming activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Manthan Broadband Services Private Limitedthis company | ₹121.92 Cr (FY 2017) | -₹32.3 Cr | -26.5% | 297 | Kolkata, West Bengal, India | |
| Den Satellite Network Private Limited | ₹114.93 Cr (FY 2025) | -1.0% | Mumbai, Maharashtra, India | |||
| Digiana Projects Private Limited | ₹112.04 Cr (FY 2025) | 12.0% | Indore, Madhya Pradesh, India | |||
| Bhima Riddhi Infotainment Private Limited | ₹99.59 Cr (FY 2025) | 20.0% | Kolhapur, Maharashtra, India |
To see the full peer comparison of Manthan Broadband Services Private Limited, buy the company report.
Auditor
Manthan Broadband Services Private Limited is audited by A SINGHI & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A SINGHI & CO | FY 2017 | 319226E |
Shareholding
The shareholding of Manthan Broadband Services Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Manthan Broadband Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jun 2013 | 10434169 | Tata Capital Financial Services Limited | ₹5 Cr | Open | |
| 24 Jul 2012 | 10367072 | Canara Bank | ₹1 Cr | Satisfied | |
| 02 May 2012 | 10353672 | Canara Bank | ₹1.47 Cr | Satisfied | |
| 07 Apr 2012 | 10346016 | Indian Overseas Bank | ₹10 Cr | Satisfied | |
| 06 Feb 2012 | 10360460 | Canara Bank | ₹3.5 Cr | Satisfied |
To see the full charge records of Manthan Broadband Services Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Manthan Broadband Services Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹7.74 Cr; the latest was in March 2012.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2012 | Funding round | ₹3.24 Cr | Investors: 4 individuals |
| Mar 2010 | Funding round | ₹1.5 Cr | Investors: 4 individuals |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Rose Capital Ltd , Allied Global Infrastructure Limited , Lectrodryer Marketing Pvt.Ltd. |
| Mar 2007 | Funding round | ₹3 Cr | Investors: Century Ispat Limited , Lectrodryer Marketing Pvt.Ltd. , Baijnath Ispat Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Manthan Broadband Services Private Limited has 181 court cases on record: 35 filed by Manthan Broadband Services, 147 filed against it. 24 cases are pending and 157 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 110 | 101 | 19 |
| High courts | 53 | 31 | 3 |
| NCLAT | 9 | 9 | 1 |
| NCLT | 5 | 3 | 0 |
| Supreme Court | 4 | 3 | 1 |
Cases on record (5 of 181)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Khurda, Odisha | Court case (I . c. c) | Filed against the company by Odisha Television Ltd | Pending |
| High Court | Civil suit | Filed against the company by Alliance Broadband Services Private Limited | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by My Box Technologies Pvt Ltd | Pending |
| NCLAT, Company Appeal(AT)(Ins) | Insolvency matter | Filed against the company by Cisco Systems Capital India Private Limited | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Cisco Systems Capital India Pvt Ltd | Disposed |
To see the full case history of Manthan Broadband Services 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 Manthan Broadband Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Manthan Broadband Services has 4 subsidiary companies and 1 associated company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Manthan JP Ventures Private Limited | U64204ML2012PTC008494 | |
| Manthan Movies Private Limited | U92100WB2010PTC155834 | |
| Manthan Durang Ventures Private Limited | U92130JH2011PTC014955 | |
| Manthan Allied Ventures Private Limited | U92419WB2011PTC159616 |
To see the full group structure of Manthan Broadband Services Private Limited, buy the company report.
Employees & EPFO
Manthan Broadband Services Private Limited has a workforce of 297 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Manthan Broadband Services has 6 GST registrations: 1 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AADCM4565G1ZP | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Manthan Broadband Services Private Limited, buy the company report.
Recent activity
Manthan Broadband Services Private Limited has 6 board changes on record since 2002: 6 appointments. The latest: Digbijoy Dhar was appointed as Director on 30 May 2002.
23 earlier events are in the company report.
Frequently asked questions
Manthan Broadband Services is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Manthan Broadband Services is a company under liquidation, formerly operating as a private limited company based in Kolkata, West Bengal, India. The company works in cable tv and dth services, within the media and publishing industry. It was incorporated on 30 May 2002 and is registered under CIN U64203WB2002PTC094700. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Manthan Broadband Services has 6 current directors:
- Rajiv Dhamija - Director
- Sudip Ghosh - Director
- Digbijoy Dhar - Director
- Sib Sankar Chattopadhya - Director
- Shew Prokash Saha - Director
- Gurmeet Singh Jaspal - Director
The latest financial statements of Manthan Broadband Services on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Manthan Broadband Services is U64203WB2002PTC094700. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Manthan Broadband Services has open charges of ₹5 Cr and satisfied charges of ₹34.11 Cr as per latest MCA filings.
Manthan Broadband Services has 181 court cases on record: 35 filed by the company and 147 filed against it. 24 are pending. Most are in the district courts.
Manthan Broadband Services was incorporated on 30 May 2002. It is registered with the Registrar of Companies, Kolkata.
Manthan Broadband Services has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹7.74 Cr; the latest was in March 2012.
The peers of Manthan Broadband Services by revenue are Den Satellite Network Private Limited, Digiana Projects Private Limited, Bhima Riddhi Infotainment Private Limited, all in the Media and Publishing industry (Cable Television and DTH), with the same principal business activity (broadcasting and programming activities).
Digbijoy Dhar was appointed as Director on 30 May 2002. Gurmeet Singh Jaspal was appointed as Director on 30 May 2002. Rajiv Dhamija was appointed as Director on 30 May 2002. Manthan Broadband Services has 6 board changes on record in total.
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