About Point Red Telecom Limited
Data last updated:
Point Red Telecom Limited is a public limited company based in Bangalore, Karnataka, India, a subsidiary of Gemini Communication Limited. 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 television and radio broadcasting segment of the media and publishing sector. It was incorporated on 28 March 2005.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2005PLC047544. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹25.5 Cr and a paid-up capital of ₹10.13 Cr. It was formerly known as Point Red Telecom Private Limited. It is led by directors including Ramamurthy Vijaykumar (Managing Director) and Ramamurthy Ramkumar (Director Appointed In Casual Vacancy).
Its last annual general meeting (AGM) was held on 20 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at # 18/11B Roopena Agrahara Begur Hobli Hosur Main Road Madiwala, Bangalore, Karnataka, India – 560068.
As per MCA filings, the company has open charges of ₹347.44 Cr on record. Court records list 39 cases involving the company, including 16 filed by the company and 23 filed against it; 4 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in May 2006.
The last known website on record is gcl.in.
Company details
CIN history
Point Red Telecom has one previous CIN (Corporate Identification Number): U72200KA2005PTC047544. The current CIN is U72200KA2005PLC047544, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200KA2005PLC047544 | Current |
| U72200KA2005PTC047544 | Previous |
Contact details
Point Red Telecom Limited's registered office is in Bangalore, Karnataka. Its website is gcl.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address# 18/11B Roopena Agrahara Begur Hobli Hosur Main Road Madiwala, Bangalore, Karnataka, India – 560068
- IndustryMedia and Publishing, Television & Radio Broadcasting
To see the full contact details of Point Red Telecom 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
Financials of Point Red Telecom Limited
FY 2019 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Point Red Telecom Limited, buy the company report.
Board of directors of Point Red Telecom Limited
Point Red Telecom has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramamurthy Ramkumar | Director Appointed In Casual Vacancy | 10 Aug 2012 | 14 Years 2 Months | As last reported |
| Ramamurthy Vijaykumar | Managing Director | 13 Jun 2006 | 20 Years 4 Months | As last reported |
| Vaidyanathan Jaya Chandran | Director | 29 Mar 2013 | 13 Years 7 Months | As last reported |
Shareholding
The shareholding of Point Red Telecom Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Point Red Telecom Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2016 | 100041216 | Others | ₹4.5 Cr | Open | |
| 23 Dec 2011 | 10335984 | Punjab National Bank | ₹88.13 Cr | Open | |
| 18 Sep 2010 | 10249430 | Central Bank of India | ₹50 Cr | Open | |
| 23 Aug 2010 | 10245302 | Punjab National Bank | ₹90 Cr | Open | |
| 09 Aug 2010 | 10252757 | Idbi Bank Limited | ₹60 Cr | Open |
To see the full charge records of Point Red Telecom Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Point Red Telecom Limited has 1 deal on record (1 acquisition); the latest was in May 2006.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2006 | Acquisition | ₹6.88 Cr | Buyer: Gemini Communication Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Point Red Telecom Limited has 39 court cases on record: 16 filed by Point Red Telecom, 23 filed against it. 4 cases are pending and 35 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 30 | 15 | 3 |
| District courts | 9 | 8 | 1 |
Cases on record (5 of 39)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Phoenix Arc Pvt. Ltd., Th. Ms. Pallavi Chavan | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Srei Equipment Finance Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by L and T Finance Limited | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against Tata Elxsi Limited | Disposed |
| High Court of Karnataka | Court case (COP) | Filed against the company by Tata Elxsi Limited | Disposed |
To see the full case history of Point Red Telecom 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 Point Red Telecom Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Point Red Telecom Limited has 1 active EPFO establishment as of Mar 24, 2024.
GST
Point Red Telecom has 2 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 Point Red Telecom Limited, buy the company report.
Recent activity
Point Red Telecom Limited has 10 board changes on record since 2006: 3 appointments and 7 cessations. The latest: Lakshminarasimhan Sathyanarayan ceased to be Director on 18 Oct 2013.
12 earlier events are in the company report.
Frequently asked questions
Point Red 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.
Point Red Telecom is a company under liquidation, formerly operating as a public limited company based in Bangalore, Karnataka, India. The company works in television and radio broadcasting, within the media and publishing industry. It was incorporated on 28 March 2005 and is registered under CIN U72200KA2005PLC047544. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Point Red Telecom has 3 current directors:
- Ramamurthy Vijaykumar - Managing Director
- Ramamurthy Ramkumar - Director Appointed In Casual Vacancy
- Vaidyanathan Jaya Chandran - Director
The latest financial statements of Point Red Telecom on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 20 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Point Red Telecom is U72200KA2005PLC047544. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Point Red Telecom has open charges of ₹347.44 Cr and no satisfied charges on record as per latest MCA filings.
Point Red Telecom has 39 court cases on record: 16 filed by the company and 23 filed against it. 4 are pending. Most are in the high courts.
Point Red Telecom was incorporated on 28 March 2005. It is registered with the Registrar of Companies, Bangalore.
Point Red Telecom has 1 deal on record (1 acquisition); the latest was in May 2006.
Lakshminarasimhan Sathyanarayan ceased to be Director on 18 Oct 2013. Vaidyanathan Jaya Chandran ceased to be Additional Director on 27 Sep 2013. Vaidyanathan Jaya Chandran was appointed as Director on 29 Mar 2013. Point Red Telecom has 10 board changes on record in total.
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