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Gigs Media Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹13.95 Cr
▲ 58% YoY
Net profit · FY 2021
₹80.52 Lakh
Net margin 5.8%
EBITDA · FY 2021
₹1.16 Cr
EBITDA margin 8.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹4.36 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
About Gigs Media Private Limited
Data last updated:
Gigs Media Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. 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 application development and software solutions segment of the technology and IT services sector. It was incorporated on 19 December 2017.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC303079.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Divesh Sahebrao Dhandar and Vishnupriya Krishna Singh.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Building No II 4th Floor Spectrum Tower Off. Link Road Mind Space Malad West, Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2021, the company reported a revenue of ₹13.95 Cr, a growth of 58% compared to the previous year. For the same year it recorded a net profit of ₹80.52 Lakh (net margin 5.8%) and EBITDA of ₹1.16 Cr (EBITDA margin 8.3%). Revenue has grown at a compounded annual rate (CAGR) of 163% over three years.
The company is associated with 1 brand: Rupeezo. As per MCA filings, the company has open charges of ₹4.36 Cr on record. Court records list 17 cases involving the company, including 17 filed against it; 7 cases are pending.
The last known website on record is gigsmedia.in.
Company details
CIN U74999MH2017PTC303079
Registration Number 303079
Incorporation Date 19 December 2017
ROC Mumbai
Listing Status Unlisted
Company Status Under CIRP
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Gigs Media
Contact details
Gigs Media Private Limited's registered office is in Mumbai, Maharashtra. Its website is gigsmedia.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressBuilding No II 4th Floor Spectrum Tower Off. Link Road Mind Space Malad West, Mumbai, Maharashtra, India – 400064
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Gigs Media Private Limited, buy the company report.
Comprehensive company report
Gigs Media Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Gigs Media operates one associated brand: Rupeezo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Instant personal loans are aggregated via a digital platform. | rupeezo.in |
Business activity
The main business activity of Gigs Media 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 Gigs Media Private Limited, buy the company report.
Financials of Gigs Media Private Limited
FY 2021 filings availableGigs Media Private Limited reported revenue of ₹13.95 Cr (up 58% YoY) for FY 2021.
Revenue · FY 2021
₹13.95 Cr ▲ 58%
Net profit · FY 2021
₹80.52 Lakh margin 5.8%
EBITDA · FY 2021
₹1.16 Cr margin 8.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 58%
3 years · compounded
▲ 163%
EBITDA CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 170%
Revenue has grown at a compounded annual rate (CAGR) of 163% over three years, including 58% growth in the latest year. EBITDA rose 18% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹13.95 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹1.16 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹80.52 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 8.3% | |||
| Net Profit Margin | 5.8% | |||
| 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 Gigs Media Private Limited, buy the company report.
Board of directors of Gigs Media Private Limited
Gigs Media has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Directors (as last reported)
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Divesh Sahebrao Dhandar Also directs: Gigs Fintech Private Limited, Web9agency Private Limited | Director | 04 Feb 2020 | 6 Years 8 Months | As last reported |
| Vishnupriya Krishna Singh Also directs: Gigs Fintech Private Limited | Director | 19 Dec 2017 | 8 Years 10 Months | As last reported |
Auditor
Gigs Media Private Limited is audited by SUNIL K GUPTA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNIL K GUPTA & CO | FY 2021 | 139357W |
Shareholding
The shareholding of Gigs Media Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Gigs Media Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.36 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jun 2022 | 100587616 | Others | ₹1.76 Cr | Open | |
| 02 Mar 2022 | 100548795 | Others | ₹2 Cr | Open | |
| 30 Mar 2021 | 100446061 | Canara Bank | ₹60 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
Gigs Media Private Limited has 17 court cases on record: 17 filed against it. 7 cases are pending and 10 are disposed.
Total cases
17
Filed against the company
17
Pending
7
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 17 | 7 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Pivotroots Digital Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Ms Jap Infracon Pvt Ltd | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by RBL Bank Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Insta Capital Pvt. Ltd. Through Vivek Ashok Bajaj | Pending |
| District court, Jaipur Metro II, Rajasthan | Court case (Complaint) | Filed against the company by SMFG India Credit Company Ltd | Disposed |
To see the full case history of Gigs Media 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 Gigs Media Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Gigs Media Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Gigs Media Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Divesh Sahebrao Dhandar was appointed as Director on 04 Feb 2020.
Charges
A charge with Others amounted to Rs. 176.00 Lakh with Charge ID 100587616 was registered on 24 Jun 2022.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100548795 was registered on 02 Mar 2022.
AGM
Gigs Media Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Gigs Media Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai.
Charges
A charge with Canara Bank amounted to Rs. 60.00 Lakh with Charge ID 100446061 was registered on 30 Mar 2021.
Appointed
Divesh Sahebrao Dhandar was appointed as Director.
Ceased
Sahebrao Shripat Dhandar ceased to be Director.
Appointed
Vishnupriya Krishna Singh was appointed as Director.
Incorporation
19 Dec 2017
Gigs Media Private Limited was registered on 19 Dec 2017 with Roc Mumbai & aged 8 years 10 months as per MCA records.
Frequently asked questions
Gigs Media 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.
Gigs Media is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 19 December 2017 and is registered under CIN U74999MH2017PTC303079. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Gigs Media has 2 current directors:
- Divesh Sahebrao Dhandar - Director
- Vishnupriya Krishna Singh - Director
The latest financial statements of Gigs Media on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Gigs Media is U74999MH2017PTC303079. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gigs Media has open charges of ₹4.36 Cr and no satisfied charges on record as per latest MCA filings.
Gigs Media has 17 court cases on record: 17 filed against it. 7 are pending.
Gigs Media was incorporated on 19 December 2017. It is registered with the Registrar of Companies, Mumbai.
Divesh Sahebrao Dhandar was appointed as Director on 04 Feb 2020. Sahebrao Shripat Dhandar ceased to be Director on 04 Feb 2020. Vishnupriya Krishna Singh was appointed as Director on 19 Dec 2017.
Yes, Gigs Media is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).