About Printland Digital (India) Private Limited
Data last updated:
Printland Digital (India) Private Limited is a private limited company based in New Delhi, Delhi, India. 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 online service marketplaces segment of the internet and digital services sector. It was incorporated on 28 March 2012.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U22200DL2012PTC233592. Its GSTIN is 07AAGCP5703L1Z8 (Delhi). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3.75 Cr and a paid-up capital of ₹2.39 Cr. It is led by directors including Udit Bansal (Managing Director) and Sandeep Behl.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at G – 9 Siddhartha Building 96 Nehru Place, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2021, the company reported a revenue of ₹6.06 Cr, a decline of 51% compared to the previous year. For the same year it recorded a net loss of ₹1.15 Cr (net margin -19%) and EBITDA of -₹43.56 Lakh (EBITDA margin -7.2%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 27% over five years.
The company is associated with 1 brand: Printland. As per MCA filings, the company has open charges of ₹3.15 Cr and satisfied charges of ₹3.67 Cr on record. Court records list 70 cases involving the company, including 14 filed by the company and 56 filed against it; 16 cases are pending. The company has 10 deals on record (9 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹25.11 Cr; the latest was in February 2021. The company has 6 MSME Form 1 returns on record between 2019 and 2021, listing 47 overdue payments to 7 micro and small suppliers.
The last known website on record is printland.in.
Company details
Contact details
Printland Digital (India) Private Limited's registered office is in New Delhi, Delhi. Its website is printland.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressG – 9 Siddhartha Building 96 Nehru Place, New Delhi, Delhi, India – 110019
- IndustryInternet, Online Service Marketplaces
To see the full contact details of Printland Digital (India) 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
Printland Digital (India) operates one associated brand: Printland. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Customized multi-category products are offered online to consumers and enterprises. | printland.in |
Business activity
The main business activity of Printland Digital (India) is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Printland Digital (India) Private Limited, buy the company report.
Financials of Printland Digital (India) Private Limited
FY 2022 filings availablePrintland Digital (India) Private Limited reported revenue of ₹6.06 Cr (down 51% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 51% fall 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 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6.06 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹43.56 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.15 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -7.2% | ||||
| Net Profit Margin | -19% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Printland Digital (India) Private Limited, buy the company report.
Board of directors of Printland Digital (India) Private Limited
Printland Digital (India) has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Behl Also directs: Lakh Lakh Digital LLP, Evista Homes & Resorts Private Limited, Track Infoline Private Limited and 2 more | Director | 31 Mar 2012 | 14 Years 7 Months | As last reported |
| Udit Bansal Also directs: Karshni Printech LLP | Managing Director | 28 Mar 2012 | 14 Years 7 Months | As last reported |
| Sameer Khullar | Director | 20 Apr 2019 | 7 Years 6 Months | As last reported |
| Rajeev Dhingra Also directs: Majestic IT Services Limited, Patna Highway Projects Limited | Irp/Rp/Liquidator | 01 Dec 2023 | 2 Years 10 Months | As last reported |
Auditor
Printland Digital (India) Private Limited is audited by HARIBHAKTI & CO. LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARIBHAKTI & CO. LLP | FY 2021 | 103523W/W100048 |
Shareholding
The shareholding of Printland Digital (India) Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Printland Digital (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Sep 2016 | 100048065 | Sidbi | ₹2 Cr | Open | |
| 06 Dec 2013 | 10468474 | Others | ₹1.15 Cr | Open | |
| 13 Mar 2015 | 10564049 | Oriental Bank of Commerce | ₹90 Lakh | Satisfied | |
| 22 May 2014 | 10501567 | Small Industries Development Bank of India | ₹87 Lakh | Satisfied | |
| 12 Jul 2013 | 10436437 | Small Industries Development Bank of India | ₹1.4 Cr | Satisfied |
To see the full charge records of Printland Digital (India) Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Printland Digital (India) Private Limited has 10 deals on record (9 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹25.11 Cr; the latest was in February 2021.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2021 | Funding round | ₹70,000 | Investors: an individual |
| May 2016 | Funding round | ₹6.03 Cr | Investors: SIDBI Ventures, 3 individuals |
| Feb 2015 | Funding round | ₹20,000 | Investors: an individual |
| Jan 2015 | Funding round | ₹50 Lakh | Investors: 3 individuals |
| Mar 2012 | Funding round | ₹2.67 Cr | Investors: Karshni Printech LLP , Evista Venture Capital, Lakh Lakh Digital LLP |
To see the full deal history of Printland Digital (India) Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Printland Digital (India) Private Limited has 70 court cases on record: 14 filed by Printland Digital (India), 56 filed against it. 16 cases are pending and 54 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 60 | 50 | 15 |
| NCLAT | 7 | 4 | 1 |
| High courts | 1 | 0 | 0 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 70)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2501-Insolvency Laws and Insolvency and Bankruptcy Code, 2016 : Insolvency Laws and Insolvency and Bankruptcy Code, 2016) | Filed against the company by Nirmal Trading Company, | Disposed |
| District court, Gurugram, Haryana | Civil suit | Filed against the company by Clickonik Digital Media Pvt Ltd | Disposed |
| District court, South East, Delhi | Civil suit | Filed against the company by Inkspell Solutions LLP | Disposed |
| District court, South East, Delhi | Civil suit | Filed by the company against M/S Britomatics India Pvt Ltd | Disposed |
| District court, East, Delhi | Court case (Civ Suit) | Filed by the company against Ms KDP Buildwell Pvt. Ltd. and 1 other | Disposed |
To see the full case history of Printland Digital (India) 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
Printland Digital (India) Private Limited has 6 MSME Form 1 returns on record between 2019 and 2021, listing 47 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Mars & Associates | |||
| Haribhakti & Co. LLP | |||
| an individual supplier |
To see the full MSME payment records of Printland Digital (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Printland Digital (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAGCP5703L1Z8 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Printland Digital (India) Private Limited, buy the company report.
Recent activity
Printland Digital (India) Private Limited has 16 board changes on record since 2012: 4 appointments and 12 cessations. The latest: Rajeev Dhingra was appointed as Irp/Rp/Liquidator on 01 Dec 2023.
18 earlier events are in the company report.
Frequently asked questions
Printland Digital (India) 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.
Printland Digital (India) is a company under insolvency, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 28 March 2012 and is registered under CIN U22200DL2012PTC233592. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Printland Digital (India) has 4 current directors:
- Udit Bansal - Managing Director
- Sandeep Behl - Director
- Sameer Khullar - Director
- Rajeev Dhingra - Irp/Rp/Liquidator
The latest financial statements of Printland Digital (India) on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Printland Digital (India) is U22200DL2012PTC233592. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Printland Digital (India) has open charges of ₹3.15 Cr and satisfied charges of ₹3.67 Cr as per latest MCA filings.
Printland Digital (India) has 70 court cases on record: 14 filed by the company and 56 filed against it. 16 are pending. Most are in the district courts.
Printland Digital (India) was incorporated on 28 March 2012. It is registered with the Registrar of Companies, Delhi.
Printland Digital (India) has 10 deals on record (9 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹25.11 Cr; the latest was in February 2021.
Rajeev Dhingra was appointed as Irp/Rp/Liquidator on 01 Dec 2023. Sameer Khullar ceased to be Additional Director on 30 Nov 2019. Sanya Behl ceased to be Additional Director on 30 Nov 2019. Printland Digital (India) has 16 board changes on record in total.
Printland Digital (India) has 6 MSME Form 1 returns on record between 2019 and 2021, listing 47 overdue payments to 7 micro and small suppliers. The latest return was filed on 30 Oct 2021.
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