About Pressmart Media Limited
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Pressmart Media Limited was a public limited company based in Hyderabad, Telangana, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the online entertainment platforms segment of the internet and digital services sector. It was incorporated on 31 August 2006.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74300TG2006PLC051031. Its GSTIN is 36AAECP0483B1ZR (Telangana). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹28 Cr and a paid-up capital of ₹15.94 Cr. It was led by directors including Vikram Simha Torpunuri (Managing Director) and Vijaya Simha Todupunuri.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Mjr Arcade 3rd Floor Plot # 1000 Gurukul Society Khanamet Madhapur, Hyderabad, Telangana, India – 500081.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.67 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹42.61 Lakh (net margin -25.4%) and EBITDA of -₹32.49 Lakh (EBITDA margin -19.4%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years.
The company had about 9 employees on its provident fund (EPFO) records before it was struck off.
The company was associated with 1 brand: Pressmart. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 1 case is pending. The company has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 acquisition), with disclosed funding of ₹32.48 Cr; the latest was in April 2021.
The last known website on record is pressmart.com.
Company details
CIN history
Pressmart Media has one previous CIN (Corporate Identification Number): U74300AP2006PLC051031. The current CIN is U74300TG2006PLC051031, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74300TG2006PLC051031 | Current |
| U74300AP2006PLC051031 | Previous |
Contact details
Pressmart Media Limited's registered office is in Hyderabad, Telangana. Its website is pressmart.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressMjr Arcade 3rd Floor Plot # 1000 Gurukul Society Khanamet Madhapur, Hyderabad, Telangana, India – 500081
- IndustryInternet, Online Entertainment Platforms
To see the full contact details of Pressmart Media 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
Pressmart Media operates one associated brand: Pressmart. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| On-demand Digital Publishing Software | pressmart.com |
Business activity
The main business activity of Pressmart Media is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Pressmart Media Limited, buy the company report.
Financials of Pressmart Media Limited
FY 2017 filings availablePressmart Media Limited reported revenue of ₹1.67 Cr (down 50% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 30% over three years, including a 50% fall in the latest year. EBITDA rose 27% 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 | ₹1.67 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹32.49 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹42.61 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -19.4% | ||
| Net Profit Margin | -25.4% | ||
| 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 Pressmart Media Limited, buy the company report.
Board of directors of Pressmart Media Limited
Pressmart Media has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prabhakar Rao Kallur | Nominee Director | 07 Aug 2013 | 13 Years 2 Months | As last reported |
| Vijaya Simha Todupunuri Also directs: E2e Analytix Technologies Private Limited | Director | 20 Feb 2013 | 13 Years 8 Months | As last reported |
| Vikram Simha Torpunuri Also directs: E2e Analytix Technologies Private Limited | Managing Director | 28 Aug 2008 | 18 Years 2 Months | As last reported |
Auditor
Pressmart Media Limited is audited by BETHINEEDI & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BETHINEEDI & ASSOCIATES | FY 2017 | 011421S |
Shareholding
The shareholding of Pressmart Media Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Pressmart Media Limited, buy the company report.
Deals & funding
Pressmart Media Limited has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 acquisition), with disclosed funding of ₹32.48 Cr; the latest was in April 2021.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2021 | Secondary share transfer | Undisclosed | Seller: Bodhtree Consulting Limited |
| May 2011 | Acquisition | Undisclosed | Seller: Draper Fisher Jurvetson, Kalaari Capital |
| Aug 2008 | Funding round | ₹27.46 Cr | Investors: Draper Fisher Jurvetson, Kalaari Capital, Bodhtree Consulting Limited |
| Mar 2008 | Funding round | ₹5.02 Cr | Investors: 4 individuals |
| Dec 2007 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Pressmart Media Limited has 5 court cases on record: 3 filed by Pressmart Media, 2 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
| High courts | 2 | 0 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by M S Kannada Prabha Publications Ltd | Disposed |
| High Court for State of Telangana | Writ petition | Filed by the company against The Hon'ble Central Government Industrial Tribunal Cum Employees Provident Fund Tribuanl, | Pending |
| High Court for State of Telangana | Writ petition | Filed by the company against Employees Provident Fund Organization Regional Office | Disposed |
| District court, Hyderabad CCC, Telangana | Appeal | Filed by the company against an individual | Disposed |
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Pressmart Media 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 Pressmart Media Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Pressmart Media Limited has a workforce of 9 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Pressmart Media has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECP0483B1ZR | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pressmart Media Limited, buy the company report.
Recent activity
Pressmart Media Limited has 17 board changes on record since 2008: 3 appointments and 14 cessations. The latest: Prabhakar Rao Kallur ceased to be Nominee Director on 05 Sep 2019.
8 earlier events are in the company report.
News
Frequently asked questions
Pressmart Media has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Pressmart Media was a public limited company based in Hyderabad, Telangana, India. The company worked in online entertainment platforms, within the internet industry. It was incorporated on 31 August 2006 and is registered under CIN U74300TG2006PLC051031. The company has been struck off by the Registrar of Companies and is no longer operational.
Pressmart Media had 3 directors:
- Vikram Simha Torpunuri - Managing Director
- Prabhakar Rao Kallur - Nominee Director
- Vijaya Simha Todupunuri - Director
The CIN (Corporate Identification Number) of Pressmart Media is U74300TG2006PLC051031. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Pressmart Media is at Mjr Arcade 3rd Floor Plot # 1000 Gurukul Society Khanamet Madhapur, Hyderabad, Telangana, India – 500081.
Pressmart Media was incorporated on 31 August 2006. It is registered with the Registrar of Companies, Hyderabad.
Pressmart Media can be reached through the website pressmart.com. Its registered office is in Hyderabad, Telangana, India.
The latest financial statements of Pressmart Media on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Pressmart Media is 36AAECP0483B1ZR, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Pressmart Media operated in the internet industry, in the online entertainment platforms segment. It worked in this industry before it was struck off.
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