About Tulip Telecom Limited
Data last updated:
Tulip Telecom Limited is a public limited company based in New Delhi, Delhi, 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 IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 19 May 1992.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L74899DL1992PLC048817. It is a listed company.
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹29 Cr. It is led by directors including Hardeep Singh Bedi (Managing Director) and Rajesh Gulshan.
Its last annual general meeting (AGM) was held on 30 August 2011, and its latest financial statements are for the year ended 31 March 2011. The registered office is at C – 160 Okhla Industrial Areaphase – I, New Delhi, Delhi, India – 110020.
The company is associated with 1 brand: Tulip Telecom. As per MCA filings, the company has open charges of ₹5,928.48 Cr and satisfied charges of ₹225 Cr on record. Court records list 284 cases involving the company, including 26 filed by the company and 258 filed against it; 31 cases are pending. The company has 40 deals on record (38 market trades, 1 funding round, 1 ipo); the latest was in July 2014.
The last known website on record is tulip.net.
CIN History of Tulip Telecom Limited
Tulip Telecom has one previous CIN (Corporate Identification Number): U74899DL1992PLC048817. The current CIN is L74899DL1992PLC048817, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74899DL1992PLC048817 | Current |
| U74899DL1992PLC048817 | Previous |
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressC – 160 Okhla Industrial Areaphase – I, New Delhi, Delhi, India – 110020
- IndustryInformation Technology, IT Products Retail & Distribution
- 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
- One PDF report, delivered after checkout
Associated Brands with Tulip Telecom Limited
Tulip Telecom operates one associated brand: Tulip Telecom. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers enterprise communications and data center services to businesses. | tulip.net |
Financials of Tulip Telecom Limited FY 2011 filings available
Financial Statement Summary of Tulip Telecom Limited
| Metrics | FY 2010-11 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | •••• |
| Other Income | •••• |
| Total Revenue | •••• |
| Cost of Materials Consumed | •••• |
| Employee Benefit Expense | •••• |
| Finance Costs | •••• |
| Depreciation and Amortisation | •••• |
| Other Expenses | •••• |
| Total Expenses | •••• |
| EBITDA | •••• |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | •••• |
| 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 of Tulip Telecom Limited
| Metrics | FY 2010-11 |
|---|---|
| Profitability | |
| EBITDA Margin | •••• |
| Net Profit Margin | •••• |
| 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 | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Tulip Telecom are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Tulip Telecom Limited
Tulip Telecom has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hardeep Singh Bedi Also directs: Sharad Enterprises Private Ltd, JSR IT World Private Limited, Cedar Infonet Private Limited and 4 more | Managing Director | 15 Oct 1994 | 32 Years 0 Months | As last reported |
| Rajesh Gulshan | Director | 19 Mar 2005 | 21 Years 7 Months | As last reported |
| Rajiv Wadhwa | Additional Director | 07 Jul 2014 | 12 Years 3 Months | As last reported |
Charges & Borrowings of Tulip Telecom Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Mar 2013 | Bank of India | ₹691.35 Cr | Open |
| 27 Jul 2012 | Dbs Bank Ltd. | ₹92.13 Cr | Open |
| 30 Mar 2012 | Punjab National Bank | ₹150 Cr | Open |
| 27 Feb 2012 | Idbi Trusteeship Services Limited | ₹250 Cr | Open |
| 07 Feb 2012 | Infrastructure Development Finance Company Limited | ₹100 Cr | Open |
Total charge records: 38 View all charges
Deals & Funding of Tulip Telecom Limited
Tulip Telecom Limited has 40 deals on record (38 market trades, 1 funding round, 1 ipo); the latest was in July 2014.
Deals on record (5 of 40)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2014 | Market trade | ₹27 Lakh | Seller: Religare Finvest Limited |
| Oct 2012 | Market trade | ₹4.1 Cr | Seller: Ecl Finance Limited |
| Jul 2012 | Market trade | ₹17.89 Cr | Buyer: Crosseas Capital Markets Private Limited Seller: Crosseas Capital Markets Private Limited |
| Oct 2010 | Market trade | ₹30.8 Cr | Buyer: Icici Prudential Life Insurance Company Limited Seller: Ubs Securities Asia Ltd. A/C Swiss Fin. Corp. (Mau |
| Aug 2010 | Market trade | ₹63.37 Cr | Buyer: Icici Prudential Life Insurance Company Limited Seller: Lehman Brothers Investment Management Company Ltd, Citigroup Global Markets Mauritius Pvt Ltd |
Full deal history
All 40 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Tulip Telecom Limited
Tulip Telecom Limited has 284 court cases on record: 26 filed by Tulip Telecom, 258 filed against it. 31 cases are pending and 253 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 204 | 195 | 25 |
| High courts | 79 | 62 | 6 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 284)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bhopal, Madhya Pradesh | Court case (EX B) | Filed against the company by Bharat Sanchar Nigam Ltd. | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Bharti Airtel Ltd | Pending |
| High Court of Delhi | Court case (CO.APP.) | Filed against the company by Edelweiss Asset Reconstruction Company Limited | Disposed |
| District court, South East, Delhi | Execution petition | Filed against the company by HDFC Bank Ltd. | Disposed |
| District court, South, Delhi | Revision petition | Filed against the company by Viom Networks Ltd. | Disposed |
Full case history
All 284 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Tulip Telecom Limited
Employment history and EPFO contributions of people linked to Tulip Telecom.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Tulip Telecom Limited
Tulip Telecom Limited has 27 board changes on record since 1994: 15 appointments and 12 cessations. The latest: Rajiv Wadhwa was appointed as Additional Director on 07 Jul 2014.
74 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Tulip Telecom Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Tulip Telecom Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Tulip Telecom Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Tulip Telecom Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Tulip Telecom Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Tulip Telecom Limited
Frequently Asked Questions about Tulip Telecom Limited
Tulip Telecom 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.
Tulip Telecom is a company under liquidation, formerly operating as a public limited company based in New Delhi, Delhi, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 19 May 1992 and is registered under CIN L74899DL1992PLC048817. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Tulip Telecom has 3 current directors:
- Hardeep Singh Bedi - Managing Director
- Rajesh Gulshan - Director
- Rajiv Wadhwa - Additional Director
The CIN (Corporate Identification Number) of Tulip Telecom is L74899DL1992PLC048817. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, Tulip Telecom is a listed company.
Tulip Telecom has open charges of ₹5,928.48 Cr and satisfied charges of ₹225 Cr as per latest MCA filings.
Tulip Telecom has 284 court cases on record: 26 filed by the company and 258 filed against it. 31 are pending. Most are in the district courts.
Tulip Telecom was incorporated on 19 May 1992. It is registered with the Registrar of Companies, Delhi.
Tulip Telecom has 40 deals on record (38 market trades, 1 funding round, 1 ipo); the latest was in July 2014.
Rajiv Wadhwa was appointed as Additional Director on 07 Jul 2014. Pradeep Chandrakant Bandivadekar ceased to be Additional Director on 22 Jan 2014. Anuj Bhargava ceased to be Additional Director on 25 Nov 2013. Tulip Telecom has 27 board changes on record in total.