About Cinema Ventures Private Limited
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Cinema Ventures Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Carnival Films Private Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the cinema and multiplex chains segment of the events and entertainment sector. It was incorporated on 19 June 2012.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2012PTC232410. Its GSTIN is 27AAFCR9542Q1ZI (Maharashtra). The company holds 10 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.86 Cr. It was formerly known as Reliance Mediaventures Private Limited. It is led by directors Sony Ravindranath and Prasanth Narayanan.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Carnival House Gen. A K Vaidya Marg Off Western Express Highway Dindoshi Malad East, Mumbai, Maharashtra, India – 400097.
As per the financials filed for FY 2020, the company reported a revenue of ₹348.66 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net loss of ₹73.26 Cr (net margin -21%) and EBITDA of ₹86.18 Cr (EBITDA margin 24.7%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years.
The company has about 45 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1,516 Cr on record. Court records list 115 cases involving the company, including 45 filed by the company and 70 filed against it; 22 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in February 2016. Its 3 peer companies in the Events and Entertainment industry (Cinema and Multiplex), with the same principal business activity (motion picture, video and television programme production, sound recording and music publishing activities) are compared by revenue, 2 larger and 1 smaller; the largest is Ufo Moviez India Limited with revenue of ₹424.02 Cr.
The last known website on record is groupcarnival.com.
Company details
Contact details
Cinema Ventures Private Limited's registered office is in Mumbai, Maharashtra. Its website is groupcarnival.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressCarnival House Gen. A K Vaidya Marg Off Western Express Highway Dindoshi Malad East, Mumbai, Maharashtra, India – 400097
- IndustryEvents and Entertainment, Cinema & Multiplex Chains
To see the full contact details of Cinema Ventures 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 Cinema Ventures is information and communication. In detail, this covers motion picture, video and television programme production, sound recording and music publishing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J3 | Motion picture, video and television programme production, sound recording and music publishing activities |
To see the full business activity and turnover split of Cinema Ventures Private Limited, buy the company report.
Financials of Cinema Ventures Private Limited
FY 2020 filings availableCinema Ventures Private Limited reported revenue of ₹348.66 Cr (up 6% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 6% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 2%. 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
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| EBITDA | ₹86.18 Cr | ||||
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| Net Profit (PAT) | -₹73.26 Cr | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA Margin | 24.7% | ||||
| Net Profit Margin | -21% | ||||
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To see the full financial statements and ratios of Cinema Ventures Private Limited, buy the company report.
Board of directors of Cinema Ventures Private Limited
Cinema Ventures has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sony Ravindranath | Director | 11 Jul 2018 | 8 Years 3 Months | As last reported |
| Prasanth Narayanan | Director | 01 Aug 2015 | 11 Years 2 Months | As last reported |
Peer comparison
Cinema Ventures Private Limited is compared with the 3 companies closest to it by revenue in the Events and Entertainment industry (Cinema and Multiplex), with the same principal business activity (motion picture, video and television programme production, sound recording and music publishing activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ufo Moviez India Limited | ₹424.02 Cr (FY 2025) | 3.0% | Mumbai, Maharashtra, India | |||
| Miraj Entertainment Limited | ₹377.73 Cr (FY 2024) | 24.0% | Nathdwara, Rajasthan, India | |||
| Cinema Ventures Private Limitedthis company | ₹348.66 Cr (FY 2020) | -₹73.26 Cr | -21% | 6.0% | 45 | Mumbai, Maharashtra, India |
| Mukta Arts Limited | ₹179.87 Cr (FY 2025) | -14.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Cinema Ventures Private Limited, buy the company report.
Auditor
Cinema Ventures Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2019 | 001076N/N500013 |
Shareholding
The shareholding of Cinema Ventures Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
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To see the full shareholding pattern of Cinema Ventures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jul 2018 | 100238685 | Idbi Trusteeship Services Limited | ₹133 Cr | Open | |
| 19 Sep 2017 | 100186026 | Idbi Trusteeship Services Limited | ₹60 Cr | Open | |
| 19 Sep 2017 | 100185642 | Idbi Trusteeship Services Limited | ₹100 Cr | Open | |
| 17 Feb 2017 | 100139587 | Idbi Trusteeship Services Limited | ₹45 Cr | Open | |
| 17 Oct 2016 | 100076329 | Idbi Trusteeship Services Limited | ₹335 Cr | Open |
To see the full charge records of Cinema Ventures Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Cinema Ventures Private Limited has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in February 2016.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2016 | Acquisition | ₹1.85 Cr | Buyer: Carnival Films Private Limited |
| Aug 2015 | Secondary share transfer | Undisclosed | Buyer: Carnival Films Private Limited , Carnival Films Private Limited & Shrikant Bhasi Seller: Uksas India Private Limited , Reliance Mediaworks Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Uksas India Private Limited Seller: Reliance Media Works Limited & Balaji Kumar, Reliance Mediaworks Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Cinema Ventures Private Limited has 115 court cases on record: 45 filed by Cinema Ventures, 70 filed against it. 22 cases are pending and 93 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 64 | 44 | 19 |
| High courts | 33 | 17 | 3 |
| NCLAT | 9 | 4 | 0 |
| NCLT | 7 | 4 | 0 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 115)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Divya Jyot Entertainment Private Limited Through Its Authorised Person Irfan Furniturewala | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by I.G.E. (India) Private Limited Through Its Authorised Signatory Mr. Vicky Gandhi | Pending |
| District court, Central, Delhi | Civil suit | Filed against the company by Amazon Distributors Pvt Ltd | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against I.G.E. (India) Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against Orienta Cine Advertising Pvt. Ltd and 2 others | Pending |
To see the full case history of Cinema Ventures 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 Cinema Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Cinema Ventures Private Limited has a workforce of 45 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Cinema Ventures has 10 GST registrations: 2 active and 8 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCR9542Q1ZI | Maharashtra | Active | 01 Jul 2017 |
| 09AAFCR9542Q1ZG | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cinema Ventures Private Limited, buy the company report.
Recent activity
Cinema Ventures Private Limited has 12 board changes on record since 2014: 2 appointments and 10 cessations. The latest: Vishal Sawhney ceased to be CEO on 31 Mar 2023.
15 earlier events are in the company report.
Frequently asked questions
Cinema Ventures is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Cinema Ventures is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in cinema and multiplex chains, within the events and entertainment industry. It was incorporated on 19 June 2012 and is registered under CIN U74120MH2012PTC232410. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Cinema Ventures has 2 current directors:
- Sony Ravindranath - Director
- Prasanth Narayanan - Director
The latest financial statements of Cinema Ventures on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Cinema Ventures is U74120MH2012PTC232410. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cinema Ventures has open charges of ₹1,516 Cr and no satisfied charges on record as per latest MCA filings.
Cinema Ventures has 115 court cases on record: 45 filed by the company and 70 filed against it. 22 are pending. Most are in the district courts.
Cinema Ventures was incorporated on 19 June 2012. It is registered with the Registrar of Companies, Mumbai.
Cinema Ventures has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in February 2016.
The peers of Cinema Ventures by revenue are Ufo Moviez India Limited, Miraj Entertainment Limited, Mukta Arts Limited, all in the Events and Entertainment industry (Cinema and Multiplex), with the same principal business activity (motion picture, video and television programme production, sound recording and music publishing activities).
Vishal Sawhney ceased to be CEO on 31 Mar 2023. Maruti Sharma ceased to be Director on 28 Apr 2022. Vishal Mahajan ceased to be Nominee Director on 10 Oct 2019. Cinema Ventures has 12 board changes on record in total.