Press & Publicity Syndicate Pvt Ltd
About Press & Publicity Syndicate Pvt Ltd
Data last updated:
Press & Publicity Syndicate Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 21 May 1948 and has been in existence for over 78 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74300WB1948PTC016716. Its GSTIN is 19AABCP6460B1ZL (West Bengal). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was formerly known as Publicity Syndicate Limited and Press & Publicity Syndicate Limited. It is led by directors Nilotpal Mukherjee and Neelava Mukherjee.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 18/1 Dover Placedover Apartment, Kolkata, West Bengal, India – 700019.
As per the financials filed for FY 2020, the company reported a revenue of ₹7.58 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net loss of ₹49.07 Lakh (net margin -6.5%) and EBITDA of ₹14.21 Lakh (EBITDA margin 1.9%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹3.64 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Press & Publicity Syndicate has undergone 2 name changes throughout its history. The company was previously known as Publicity Syndicate Limited, and Press & Publicity Syndicate Limited. The current legal name is Press & Publicity Syndicate Pvt Ltd.
| Company Name | Status |
|---|---|
| Press & Publicity Syndicate Pvt Ltd | Current |
| Publicity Syndicate Limited | Previous |
| Press & Publicity Syndicate Limited | Previous |
Contact details
Press & Publicity Syndicate Pvt Ltd's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address18/1 Dover Placedover Apartment, Kolkata, West Bengal, India – 700019
- IndustryMedia and Publishing, Advertising Agencies & Media Services
To see the full contact details of Press & Publicity Syndicate Pvt Ltd, 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 Press & Publicity Syndicate is professional, scientific and technical. In detail, this covers advertising and market research.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M6 | Advertising and market research |
To see the full business activity and turnover split of Press & Publicity Syndicate Pvt Ltd, buy the company report.
Financials of Press & Publicity Syndicate Pvt Ltd
FY 2020 filings availablePress & Publicity Syndicate Pvt Ltd reported revenue of ₹7.58 Cr (down 26% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 26% fall in the latest year. EBITDA fell 72% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹7.58 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹14.21 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹49.07 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.9% | ||||
| Net Profit Margin | -6.5% | ||||
| 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 Press & Publicity Syndicate Pvt Ltd, buy the company report.
Board of directors of Press & Publicity Syndicate Pvt Ltd
Press & Publicity Syndicate has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neelava Mukherjee | Additional Director | 30 Apr 2016 | 10 Years 6 Months | Current |
| Nilotpal Mukherjee | Director | 11 Sep 1994 | 32 Years 2 Months | Current |
Auditor
Press & Publicity Syndicate Pvt Ltd is audited by PRABIR RANJAN DATTA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRABIR RANJAN DATTA & CO | FY 2018 | 311048E |
Shareholding
The shareholding of Press & Publicity Syndicate Pvt Ltd is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Press & Publicity Syndicate Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Aug 2020 | 100380581 | Others | ₹50 Lakh | Open | |
| 01 Jan 2020 | 100314705 | United Bank of India | ₹50 Lakh | Open | |
| 13 Aug 1982 | 90253163 | United Bank of India | ₹2.64 Cr | Open |
To see the full charge records of Press & Publicity Syndicate Pvt Ltd, buy the company report.
Total charge records: 3 View all charges
Legal cases
Press & Publicity Syndicate Pvt Ltd has 4 court cases on record: 1 filed by Press & Publicity Syndicate, 3 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Ashv Finance Limited | Pending |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by Ashv Finance Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Limited | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Press & Publicity Syndicate Pvt Ltd, 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 Press & Publicity Syndicate Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Press & Publicity Syndicate has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCP6460B1ZL | West Bengal | Active | 01 Jul 2017 |
| 21AABCP6460B1Z0 | Odisha | Active | 09 Aug 2017 |
To see the full GST registrations and return filing status of Press & Publicity Syndicate Pvt Ltd, buy the company report.
Recent activity
Press & Publicity Syndicate Pvt Ltd has 6 board changes on record since 1994: 2 appointments and 4 cessations. The latest: Sambhu Nath Mukherjee ceased to be Managing Director on 11 Dec 2020.
1 earlier event is in the company report.
Frequently asked questions
Press & Publicity Syndicate is an active private limited company based in Kolkata, West Bengal, India. The company works in advertising agencies and media services, within the media and publishing industry. It was incorporated on 21 May 1948 (78+ years old) and is registered under CIN U74300WB1948PTC016716.
Press & Publicity Syndicate has 2 current directors:
- Neelava Mukherjee - Additional Director
- Nilotpal Mukherjee - Director
The latest financial statements of Press & Publicity Syndicate on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Press & Publicity Syndicate is 19AABCP6460B1ZL, registered in West Bengal. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 21AABCP6460B1Z0 (Odisha).
The CIN (Corporate Identification Number) of Press & Publicity Syndicate is U74300WB1948PTC016716. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Press & Publicity Syndicate has 4 court cases on record: 1 filed by the company and 3 filed against it. 1 is pending.
Press & Publicity Syndicate was incorporated on 21 May 1948, making it 78+ years old. It is registered with the Registrar of Companies, Kolkata.
Sambhu Nath Mukherjee ceased to be Managing Director on 11 Dec 2020. Asim Kumar Sarkar ceased to be Director on 30 Apr 2016. Kalyaneswar Sarkar ceased to be Director on 30 Apr 2016. Press & Publicity Syndicate has 6 board changes on record in total.
The registered office of Press & Publicity Syndicate is at 181 Dover Placedover Apartment, Kolkata, West Bengal, India – 700019.
Press & Publicity Syndicate operates in the media and publishing industry, in the advertising agencies and media services segment.
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