About Panoramic Universal Limited
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Panoramic Universal Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 20 May 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L67190MH1992PLC066856. The company has 3 GST registrations on record, none of which is active. It is recorded as listed by MCA, but its shares were delisted from NSE on 10 Jul 2020 · compulsory delisting and from BSE on 08 Sep 2020 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹275 Cr and a paid-up capital of ₹88.87 Cr. It was formerly known as Chitalia Corporate Services Ltd and It Microsystems (I) Ltd. It is led by directors including Siddhartha Moravekar Sudhir and Dnyanaraj Sudhir Moravekar.
Its last annual general meeting (AGM) was held on 29 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Aman Chambers 4th Floor Opp. New Passport Office Veer Savarkar Road Prabhadevi, Mumbai, Maharashtra, India – 400025.
As per the financials filed for FY 2016, the company reported a revenue of ₹51.47 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹17.92 Cr (net margin -34.8%) and EBITDA of ₹14.46 Cr (EBITDA margin 28.1%).
The company has about 76 employees on its provident fund (EPFO) records. Its group structure includes 8 subsidiaries.
The company is associated with 1 brand: Panoramic Universal. As per MCA filings, the company has open charges of ₹85.63 Cr and satisfied charges of ₹22.64 Cr on record. Court records list 75 cases involving the company, including 23 filed by the company and 52 filed against it; 28 cases are pending. The company has 18 deals on record (18 market trades); the latest was in June 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 panoramicuniversal.com.
Company details
Name history
Panoramic Universal has undergone 4 name changes throughout its history. The current legal name is Panoramic Universal Limited.
| Company Name | Status |
|---|---|
| Panoramic Universal Limited | Current |
| Chitalia Corporate Services Ltd | Previous |
| It Microsystems (I) Ltd | Previous |
| Ravisha Share Services Ltd | Previous |
| Ravisha Share Services P Ltd | Previous |
Contact details
Panoramic Universal Limited's registered office is in Mumbai, Maharashtra. Its website is panoramicuniversal.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressAman Chambers 4th Floor Opp. New Passport Office Veer Savarkar Road Prabhadevi, Mumbai, Maharashtra, India – 400025
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Panoramic Universal 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
Panoramic Universal operates one associated brand: Panoramic Universal. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides IT support for hotel industry | panoramicuniversal.com |
Business activity
The main business activities of Panoramic Universal are information and communication and accommodation and food service. In detail, this covers publishing of computer operating systems, system software, application software, games, etc. and accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.. 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 | J2 | Publishing of computer operating systems, system software, application software, games, etc. | |
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. |
To see the full business activity and turnover split of Panoramic Universal Limited, buy the company report.
Financials of Panoramic Universal Limited
FY 2016 filings availablePanoramic Universal Limited reported revenue of ₹51.47 Cr (down 7% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year. EBITDA fell 60% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹51.47 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹14.46 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹17.92 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 28.1% | |
| Net Profit Margin | -34.8% | |
| 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 Panoramic Universal Limited, buy the company report.
Board of directors and KMP of Panoramic Universal Limited
Panoramic Universal Limited currently reports 4 directors and 1 key managerial person. 19 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddhartha Moravekar Sudhir Also directs: Sri Vatsa Hotels Limited, Panoramic Tour and Travels Limited | Director | 11 Apr 2003 | 23 Years 7 Months | Current |
| Dnyanaraj Sudhir Moravekar Also directs: Sri Vatsa Hotels Limited | Director | 30 Oct 2009 | 17 Years 0 Months | Current |
| Nilesh Suryakant Pradhan | Director | 14 Feb 2017 | 9 Years 8 Months | Current |
| Sachin Narendra Deshpande Also directs: Golden Valley Hotels Limited | Cfo | 14 Feb 2017 | 9 Years 8 Months | Current |
| Hemlata Dattaram Sawant | Director | 11 Apr 2001 | 25 Years 7 Months | Current |
Auditor
Panoramic Universal Limited is audited by H H TOPIWALA & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H H TOPIWALA & CO | FY 2016 | 111022W |
Shareholding
The shareholding of Panoramic Universal Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Panoramic Universal Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Dec 2015 | 100017728 | Others | ₹7.6 Lakh | Open | |
| 25 May 2015 | 10571066 | Others | ₹45 Cr | Open | |
| 26 Feb 2015 | 10552602 | Others | ₹17 Cr | Open | |
| 18 Nov 2014 | 10534892 | Bank of Baroda | ₹7.5 Cr | Open | |
| 08 Sep 2011 | 10311168 | Indiabulls Housing Finance Limited | ₹16.05 Cr | Open |
To see the full charge records of Panoramic Universal Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Panoramic Universal Limited has 18 deals on record (18 market trades); the latest was in June 2010.
Deals on record (5 of 18)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2010 | Market trade | ₹48.7 Lakh | Seller: Shree Blessing Shares and Stock Private Limited , Skylark Shoppers and Distributors Private Limited |
| May 2010 | Market trade | ₹1.55 Cr | Buyer: an individual Seller: an individual |
| Apr 2010 | Market trade | ₹33.95 Cr | Buyer: Saakshi Shares Private Limited , 3 individuals Seller: Saakshi Shares Private Limited , 3 individuals |
| Apr 2010 | Market trade | ₹14.8 Cr | Buyer: 2 individuals Seller: Damini Infotech Private Limited , 2 individuals |
| Dec 2007 | Market trade | ₹75 Lakh | Seller: Emerging Capital Advisors Limited |
To see the full deal history of Panoramic Universal 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
Panoramic Universal Limited has 75 court cases on record: 23 filed by Panoramic Universal, 52 filed against it. 28 cases are pending and 47 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 52 | 36 | 24 |
| High courts | 20 | 14 | 4 |
| NCLT | 2 | 2 | 0 |
| NCLAT | 1 | 0 | 0 |
Cases on record (5 of 75)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.-PGA) | Filed by the company against Siddhivinayak Hotels and Resorts Pvt. Ltd. and 1 other | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (M.A. ULP Restoration) | Filed by the company against Siddhivinayak Hotels and Resorts Pvt Ltd. and 10 others | Pending |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Pancard Clubs Limited | Disposed |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Sri Vatsa Hotels Ltd and 2 others | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln-IDA) | Filed against the company by an individual | Pending |
To see the full case history of Panoramic Universal 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 Panoramic Universal Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Panoramic Universal has 8 subsidiary companies and 2 associated 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 |
|---|---|---|
| Panoramic Holidays Limited | U45201MH2006PLC166115 | |
| Panoramic Holidays Limited | U45201MH2006PLC166115 | |
| Indo Pacific Hotels Limited | U51109MH2006PLC161867 | |
| Indo Pacific Hotels Limited | U51109MH2006PLC161867 | |
| Sri Vatsa Hotels Limited | U63022TG1993PLC015668 | |
| Sri Vatsa Hotels Limited | U63022TG1993PLC015668 |
To see the full group structure of Panoramic Universal Limited, buy the company report.
Employees & EPFO
Panoramic Universal Limited has a workforce of 76 employees on its EPFO records as of Dec 2017, across 2 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2017-18 | 76 |
| FY 2016-17 | |
| FY 2015-16 |
To see the full employee and EPFO history of Panoramic Universal Limited, buy the company report.
GST
Panoramic Universal 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 Panoramic Universal Limited, buy the company report.
Recent activity
Panoramic Universal Limited has 39 board changes on record since 2001: 22 appointments and 17 cessations. The latest: Viidyaa Sudhir Moravekar ceased to be Director on 20 Mar 2019.
54 earlier events are in the company report.
Frequently asked questions
Panoramic Universal is an active public limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 20 May 1992 (34+ years old) and is registered under CIN L67190MH1992PLC066856.
Panoramic Universal has 5 current directors and KMP:
- Siddhartha Moravekar Sudhir - Director
- Dnyanaraj Sudhir Moravekar - Director
- Nilesh Suryakant Pradhan - Director
- Hemlata Dattaram Sawant - Director
- Sachin Narendra Deshpande - Cfo
The latest financial statements of Panoramic Universal on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 29 September 2016. Year-wise statements from 2015 are in the company report.
No. Panoramic Universal has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Panoramic Universal is L67190MH1992PLC066856. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panoramic Universal is recorded as a listed company by MCA, but its shares were delisted from NSE on 10 Jul 2020 · compulsory delisting and from BSE on 08 Sep 2020 · compulsory delisting, and no longer trade on a stock exchange.
Panoramic Universal has 75 court cases on record: 23 filed by the company and 52 filed against it. 28 are pending. Most are in the district courts.
Panoramic Universal was incorporated on 20 May 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Panoramic Universal has 18 deals on record (18 market trades); the latest was in June 2010.
Viidyaa Sudhir Moravekar ceased to be Director on 20 Mar 2019. Abeezar Ebrahim Faizullabhoy ceased to be Director on 22 Jun 2018. Ramachandran Ramakrishnan ceased to be Managing Director on 12 Jun 2018. Panoramic Universal has 39 board changes on record in total.
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