About Nimbus Communications Limited
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Nimbus Communications Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the book and digital publishing segment of the media and publishing sector. It was incorporated on 30 June 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1987PLC043940. The company has 4 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹61.5 Cr. It is led by directors including Vaibhav Agarwal (Whole-Time Director) and Pradeep Kumar Lenka.
Its last annual general meeting (AGM) was held on 30 December 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Nimbus Center Oberoi Complex Andheri West, Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2015, the company reported a revenue of ₹47.47 Cr. For the same year it recorded a net loss of ₹12.58 Cr (net margin -26.5%) and EBITDA of -₹23.28 Cr (EBITDA margin -49%).
The company has about 12 employees on its provident fund (EPFO) records. Its group structure includes 7 subsidiaries.
The company is associated with 1 brand: Nimbus Communications. As per MCA filings, the company has open charges of ₹4,768.15 Cr and satisfied charges of ₹2,772.79 Cr on record. Court records list 97 cases involving the company, including 52 filed by the company and 46 filed against it; 7 cases are pending. The company has 5 deals on record (5 funding rounds), with disclosed funding of ₹909.55 Cr; the latest was in March 2010.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website nimbus.co.in.
Company details
CIN history
Nimbus Communications has one previous CIN (Corporate Identification Number): U99999MH1987PTC043940. The current CIN is U99999MH1987PLC043940, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999MH1987PLC043940 | Current |
| U99999MH1987PTC043940 | Previous |
Contact details
Nimbus Communications Limited's registered office is in Mumbai, Maharashtra. Its website is nimbus.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNimbus Center Oberoi Complex Andheri West, Mumbai, Maharashtra, India – 400053
- IndustryMedia and Publishing, Book & Digital Publishing, Television & Radio Broadcasting
To see the full contact details of Nimbus Communications 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
Nimbus Communications operates one associated brand: Nimbus Communications. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Sports events are organized, produced, and broadcast via IPTV services. | nimbus.co.in |
Business activity
The main business activity of Nimbus Communications is information and communication. In detail, this covers publishing of newspapers, books, periodicals, etc. activities and motion picture, video and television programme production, sound recording and music publishing activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J1 | Publishing of Newspapers, Books, periodicals, etc. activities | |
| 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 Nimbus Communications Limited, buy the company report.
Financials of Nimbus Communications Limited
FY 2016 filings availableNimbus Communications Limited reported revenue of ₹47.47 Cr for FY 2015.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹47.47 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹23.28 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹12.58 Cr |
| 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -49% |
| Net Profit Margin | -26.5% |
| 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 Nimbus Communications Limited, buy the company report.
Board of directors of Nimbus Communications Limited
Nimbus Communications has 3 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradeep Kumar Lenka | Director | 18 Jul 2016 | 10 Years 3 Months | Current |
| Vaibhav Agarwal Also directs: Zenith Sports Private Limited, Skyedge Education Private Limited, Nirvana Television Limited and 2 more | Whole-Time Director | 24 May 2016 | 10 Years 4 Months | Current |
| Azmi Firoz Also directs: Nirvana Television Limited | Director | 20 Nov 2016 | 9 Years 11 Months | Current |
Auditor
Nimbus Communications Limited is audited by SARA & Associates for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SARA & Associates | FY 2015 | 120927W |
Shareholding
The shareholding of Nimbus Communications Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Nimbus Communications Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Apr 2015 | 10567086 | Others | ₹25 Cr | Open | |
| 17 Jan 2013 | 10400515 | Indian Overseas Bank | ₹118.21 Cr | Open | |
| 14 Nov 2011 | 10321489 | Punjab National Bank | ₹50 Cr | Open | |
| 08 Oct 2011 | 10315348 | Union Bank of India | ₹75 Cr | Open | |
| 28 Jul 2011 | 10304901 | Indian Overseas Bank | ₹100 Cr | Open |
To see the full charge records of Nimbus Communications Limited, buy the company report.
Total charge records: 34 View all charges
Deals & funding
Nimbus Communications Limited has 5 deals on record (5 funding rounds), with disclosed funding of ₹909.55 Cr; the latest was in March 2010.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2010 | Funding round | ₹12 Cr | Investors: BCCL |
| Apr 2009 | Funding round | ₹112.79 Cr | Investors: 3i Capital, Cisco Investments |
| Jan 2007 | Funding round | ₹557 Cr | Investors: 3i Capital, Cisco Investments, Oman Investment Authority |
| Aug 2005 | Funding round | ₹197.97 Cr | Investors: 3i Capital |
| Oct 2001 | Funding round | ₹29.79 Cr | Investors: Transatlantic Corp. Ltd. |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nimbus Communications Limited has 97 court cases on record: 52 filed by Nimbus Communications, 46 filed against it. 7 cases are pending and 90 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 78 | 36 | 6 |
| Supreme Court | 14 | 6 | 0 |
| District courts | 5 | 4 | 1 |
Cases on record (5 of 97)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against M/S. Zee Sports Limited | Pending |
| Bombay High Court | Court case (NMA) | Filed by the company against Union Bank of India | Pending |
| Bombay High Court | Court case (COMSS) | Filed against the company by Akamai Technologies Solutions (India) Pvt.Ltd.And Anr | Pending |
| Supreme Court | Court case (1001-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters relating to winding up) | Filed against the company by Vaibhav Agarwal Ex Director Nimbus Communications Ltd Nimbus Centre, Oberoi Complex, Andheri West , District: Mumbai ,Mumbai , Maharashtra | Disposed |
| Supreme Court | Court case (1001-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters relating to winding up) | Filed by the company against Official Liquidator Nimbus Communications Ltd. Official Liquidator 5Th Floor, Bank of India Building, Mahatma Gandh Road, Fort , District: Mumbai ,Mumbai , Maharashtra and 1 other | Disposed |
To see the full case history of Nimbus Communications 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 Nimbus Communications Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Nimbus Communications has 7 subsidiary companies. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Zenith Sports Private Limited | U67120MH2004PTC148853 | |
| Neo Broadcast Limited | U92110MH2003PLC142256 | |
| Nimbus Motion Pictures (A.P.) Private Limited | U92111TG2002PTC039837 | |
| Nirvana Television Limited | U92130MH1997PLC111564 | |
| Nimbus Home Entertainment Private Limited | U92130MH2002PTC137963 | |
| Neo Sports Broadcast Private Limited | U92411MH2006PTC160563 |
To see the full group structure of Nimbus Communications Limited, buy the company report.
GST
Nimbus Communications has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Nimbus Communications Limited, buy the company report.
Recent activity
Nimbus Communications Limited has 25 board changes on record since 2007: 3 appointments and 22 cessations. The latest: Pradeep Kumar Lenka ceased to be Additional Director on 30 Dec 2016.
84 earlier events are in the company report.
Frequently asked questions
Nimbus Communications is an active public limited company based in Mumbai, Maharashtra, India. The company works in book and digital publishing, within the media and publishing industry. It was incorporated on 30 June 1987 (39+ years old) and is registered under CIN U99999MH1987PLC043940.
Nimbus Communications has 3 current directors:
- Vaibhav Agarwal - Whole-Time Director
- Pradeep Kumar Lenka - Director
- Azmi Firoz - Director
The latest financial statements of Nimbus Communications on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 December 2016. Year-wise statements from 2015 are in the company report.
No. Nimbus Communications has 4 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Nimbus Communications is U99999MH1987PLC043940. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nimbus Communications has 97 court cases on record: 52 filed by the company and 46 filed against it. 7 are pending. Most are in the high courts.
Nimbus Communications was incorporated on 30 June 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
Nimbus Communications has 5 deals on record (5 funding rounds), with disclosed funding of ₹909.55 Cr; the latest was in March 2010.
Pradeep Kumar Lenka ceased to be Additional Director on 30 Dec 2016. Vaibhav Agarwal ceased to be Additional Director on 30 Dec 2016. Azmi Firoz was appointed as Director on 20 Nov 2016. Nimbus Communications has 25 board changes on record in total.
Nimbus Communications can be reached through the website nimbus.co.in. Its registered office is in Mumbai, Maharashtra, India.