About Popshop Commerce Private Limited
Data last updated:
Popshop Commerce Private Limited was a foreign private limited company based in Bengaluru, Karnataka, India, operated as a subsidiary of Meesho Inc. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 03 March 2020.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2020FTC133162. Its GSTIN is 29AALCP0873G1Z3 (Karnataka).
The company had an authorised share capital of ₹9 Cr and a paid-up capital of ₹8.86 Cr. It was led by directors Vidit Aatrey and Sanjeev Kumar.
Its last annual general meeting (AGM) was held on 09 October 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Bengaluru, Karnataka.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.78 Cr. For the same year it recorded a net loss of ₹21.66 Cr and EBITDA of -₹21.61 Cr.
The company had about 36 employees on its provident fund (EPFO) records before it was dissolved.
Court records list 1 case involving the company, including 1 filed by the company. The company has 2 deals on record (2 rights issues); the latest was in November 2021.
The last known website on record is meesho.com.
Company details
Contact details
Popshop Commerce Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address06 – 105 – A 06 – 102 (138 Wu) Vaishnavi Signature No. 78/9 Outer Ring Road Bellandur Var, Thur Hobli, Bengaluru, Karnataka, India – 560103
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Popshop Commerce Private 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
Business activity
The main business activity of Popshop Commerce is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Popshop Commerce Private Limited, buy the company report.
Financials of Popshop Commerce Private Limited
FY 2021 filings availablePopshop Commerce Private Limited reported revenue of ₹3.78 Cr for FY 2021.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹3.78 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹21.61 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹21.66 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 2020-21 | FY 2019-20 |
|---|---|---|
| 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 | ||
To see the full financial statements and ratios of Popshop Commerce Private Limited, buy the company report.
Board of directors of Popshop Commerce Private Limited
Popshop Commerce has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vidit Aatrey Also directs: Meesho Limited, Meesho Grocery Private Limited, Valmo Transportation Private Limited and 4 more | Director | 03 Mar 2020 | 6 Years 7 Months | As last reported |
| Sanjeev Kumar Also directs: Meesho Limited, Meesho Grocery Private Limited, Valmo Transportation Private Limited and 2 more | Director | 03 Mar 2020 | 6 Years 7 Months | As last reported |
Auditor
Popshop Commerce Private Limited is audited by B S R AND CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R AND CO | FY 2021 | 128510W |
Shareholding
The shareholding of Popshop Commerce Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Popshop Commerce Private Limited, buy the company report.
Deals & funding
Popshop Commerce Private Limited has 2 deals on record (2 rights issues); the latest was in November 2021.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2021 | Rights issue | ₹6.72 Cr | Investors: Meesho Inc |
| Oct 2020 | Rights issue | ₹18.32 Cr | Investors: Meesho Inc |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Popshop Commerce Private Limited has 1 court case on record: 1 filed by Popshop Commerce. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Bengaluru | Insolvency matter | Filed by the company | Disposed |
To see the full case history of Popshop Commerce 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Popshop Commerce Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Popshop Commerce Private Limited has a workforce of 36 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Popshop Commerce has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCP0873G1Z3 | Karnataka | Active | 03 Mar 2020 |
To see the full GST registrations and return filing status of Popshop Commerce Private Limited, buy the company report.
Recent activity
Popshop Commerce Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Sanjeev Kumar was appointed as Director on 03 Mar 2020.
Frequently asked questions
Popshop Commerce has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Popshop Commerce was a foreign private limited company based in Bengaluru, Karnataka, India. The company worked in general e-commerce platforms, within the e-commerce industry. It was incorporated on 03 March 2020 and is registered under CIN U74999KA2020FTC133162. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
Popshop Commerce was incorporated on 03 March 2020. It is registered with the Registrar of Companies, Bangalore.
Popshop Commerce had 2 directors:
- Vidit Aatrey - Director
- Sanjeev Kumar - Director
The CIN (Corporate Identification Number) of Popshop Commerce is U74999KA2020FTC133162. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Popshop Commerce is at 06 – 105 – A 06 – 102 138 Wu Vaishnavi Signature No. 789 Outer Ring Road Bellandur Var, Thur Hobli, Bengaluru, Karnataka, India – 560103.
Popshop Commerce can be reached through the website meesho.com. Its registered office is in Bengaluru, Karnataka, India.
The latest financial statements of Popshop Commerce on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 09 October 2021. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Popshop Commerce is 29AALCP0873G1Z3, registered in Karnataka.
Popshop Commerce operated in the e-commerce industry, in the general e-commerce platforms segment.
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