Nucleus Satellite Communications (Madras) Private Limited
About Nucleus Satellite Communications (Madras) Private Limited
Data last updated:
Nucleus Satellite Communications (Madras) Private Limited is a private limited company based in Chennai, Tamil Nadu, 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 cable tv and dth services segment of the media and publishing sector. It was incorporated on 11 June 1997.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U25920TN1997PTC038400. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.43 Cr. It is led by directors including Venkatasubramanian Raman (Managing Director) and Ramakrishnan Sadasivan (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 30 December 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2019, the company reported a revenue of ₹93.24 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net loss of ₹3.24 Cr (net margin -3.5%) and EBITDA of -₹1.21 Cr (EBITDA margin -1.3%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years.
The company has about 122 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15.25 Cr and satisfied charges of ₹35.02 Cr on record. Court records list 8 cases involving the company, including 8 filed against it; 4 cases are pending.
Company details
CIN history
Nucleus Satellite Communications (Madras) has one previous CIN (Corporate Identification Number): U74999TN1997PTC038400. The current CIN is U25920TN1997PTC038400, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25920TN1997PTC038400 | Current |
| U74999TN1997PTC038400 | Previous |
Contact details
Nucleus Satellite Communications (Madras) Private Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressDoor No.11 Ground Floor Indira Foundation Krishnamma Road Nunga, Mbakkam, Chennai, Tamil Nadu, India – 600034
- IndustryMedia and Publishing, Cable TV & DTH Services
- 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
Business activity
The main business activity of Nucleus Satellite Communications (Madras) is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Nucleus Satellite Communications (Madras) Private Limited, buy the company report.
Financials of Nucleus Satellite Communications (Madras) Private Limited
FY 2019 filings availableNucleus Satellite Communications (Madras) Private Limited reported revenue of ₹93.24 Cr (up 23% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over three years, including 23% growth in the latest year. EBITDA rose 82% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Total Revenue | ₹93.24 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | -₹1.21 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.24 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.3% | ||||
| Net Profit Margin | -3.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Nucleus Satellite Communications (Madras) Private Limited, buy the company report.
Board of directors of Nucleus Satellite Communications (Madras) Private Limited
Nucleus Satellite Communications (Madras) has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramakrishnan Sadasivan | Irp/Rp/Liquidator | 18 Sep 2023 | 3 Years 1 Months | As last reported |
| Navneet Raman | Additional Director | 19 Nov 2020 | 5 Years 11 Months | As last reported |
| Venkatasubramanian Raman | Managing Director | 11 Jun 1997 | 29 Years 5 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Mar 2015 | 10583039 | Idbi Bank Limited | ₹15.25 Cr | Open | |
| 27 Jun 2017 | 100107534 | Tata Capital Financial Services Limited | ₹3.75 Cr | Satisfied | |
| 25 Jul 2012 | 10373780 | Axis Bank Limited | ₹15.51 Cr | Satisfied | |
| 03 Mar 2012 | 10339628 | Indian Bank | ₹2.91 Cr | Satisfied | |
| 29 Jul 2006 | 80009255 | Indian Bank | ₹11.95 Cr | Satisfied |
To see the full charge records of Nucleus Satellite Communications (Madras) Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Nucleus Satellite Communications (Madras) Private Limited has 8 court cases on record: 8 filed against it. 4 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 4 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Court case (PC) | Filed against the company by Posco India Processing Center Private Limited Rep by S.Kumar | Pending |
| District court, Chennai, Tamil Nadu | Court case (STC/PC) | Filed against the company by Sri City Private Limited Rep by Sathish Sugavanam | Disposed |
| District court, Chittoor, Andhra Pradesh | Criminal complaint | Filed against the company by an individual | Pending |
| District court, South, Delhi | Cheque dishonour complaint | Filed against the company by Oxyzo Financial Services Pvt. Ltd. | Pending |
| District court, Chennai, Tamil Nadu | Court case (STC/PC) | Filed against the company by Sri City Privated Limited Rep by Sathish Sugavanam | Disposed |
To see the full case history of Nucleus Satellite Communications (Madras) 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.
Credit ratings & regulatory alerts
Nucleus Satellite Communications (Madras) Private Limited was last rated by Crisil on 20 Apr 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 20 Apr 2020 |
To see the full credit ratings and regulatory alerts of Nucleus Satellite Communications (Madras) Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nucleus Satellite Communications (Madras) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nucleus Satellite Communications (Madras) has 3 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 Nucleus Satellite Communications (Madras) Private Limited, buy the company report.
Recent activity
Nucleus Satellite Communications (Madras) Private Limited has 6 board changes on record since 1997: 3 appointments and 3 cessations. The latest: Ramakrishnan Sadasivan was appointed as Irp/Rp/Liquidator on 18 Sep 2023.
12 earlier events are in the company report.
Frequently asked questions
Nucleus Satellite Communications (Madras) 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.
Nucleus Satellite Communications (Madras) is a company under liquidation, formerly operating as a private limited company based in Chennai, Tamil Nadu, India. The company works in cable tv and dth services, within the media and publishing industry. It was incorporated on 11 June 1997 and is registered under CIN U25920TN1997PTC038400. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Nucleus Satellite Communications (Madras) has 3 current directors:
- Venkatasubramanian Raman - Managing Director
- Navneet Raman - Additional Director
- Ramakrishnan Sadasivan - Irp/Rp/Liquidator
The latest financial statements of Nucleus Satellite Communications (Madras) on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 December 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Nucleus Satellite Communications (Madras) is U25920TN1997PTC038400. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nucleus Satellite Communications (Madras) has open charges of ₹15.25 Cr and satisfied charges of ₹35.02 Cr as per latest MCA filings.
Nucleus Satellite Communications (Madras) has 8 court cases on record: 8 filed against it. 4 are pending.
Nucleus Satellite Communications (Madras) was incorporated on 11 June 1997. It is registered with the Registrar of Companies, Chennai.
Ramakrishnan Sadasivan was appointed as Irp/Rp/Liquidator on 18 Sep 2023. Rajaraman Ramachandran ceased to be Director on 18 May 2021. Venkatasubramanian Lakshmanan ceased to be Director on 01 Apr 2021. Nucleus Satellite Communications (Madras) has 6 board changes on record in total.
The registered office of Nucleus Satellite Communications (Madras) is at Door No.11 Ground Floor Indira Foundation Krishnamma Road Nunga, Mbakkam, Chennai, Tamil Nadu, India – 600034.
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