About Pressman Advertising Limited
Data last updated:
Pressman Advertising Limited was a public limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the advertising and media services segment of the media and publishing sector. It was incorporated on 04 July 1983.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN L74140WB1983PLC036495. Its GSTIN is 19AABCP9741M3ZQ (West Bengal). The company held 9 GST registrations, of which 3 are active. It is recorded as listed by MCA, but its shares were delisted from BSE on 02 Mar 2024 · merger, and no longer trade on a stock exchange.
The company had an authorised share capital of ₹50 Cr and a paid-up capital of ₹4.7 Cr. It was formerly known as Nucent Estates Limited and Pressman Leasing Limited. It was led by directors including Niren Chand Suchanti (Managing Director) and Sushil Kumar Mor.
Its last annual general meeting (AGM) was held on 14 July 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 147 Block G New Alipore, Kolkata, West Bengal, India – 700053.
As per the financials filed for FY 2023, the company reported a revenue of ₹16.33 Cr. For the same year it recorded a net profit of ₹4.45 Cr (net margin 27.2%) and EBITDA of ₹5.76 Cr (EBITDA margin 35.3%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 701% over five years.
The company had about 16 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 2 brands: Pressman Advertising and Pressman. As per MCA filings, the company had satisfied charges of ₹33.4 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 4 filed against it.
The last known website on record is pressmanadvertising.in.
Company details
Name history
Pressman Advertising has undergone 3 name changes throughout its history. The company was previously known as Nucent Estates Limited, Pressman Leasing Limited, and Pressman Consultants Limited. The current legal name is Pressman Advertising Limited.
| Company Name | Status |
|---|---|
| Pressman Advertising Limited | Current |
| Nucent Estates Limited | Previous |
| Pressman Leasing Limited | Previous |
| Pressman Consultants Limited | Previous |
CIN history
Pressman Advertising has one previous CIN (Corporate Identification Number): U74140WB1983PLC036495. The current CIN is L74140WB1983PLC036495, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74140WB1983PLC036495 | Current |
| U74140WB1983PLC036495 | Previous |
Contact details
Pressman Advertising Limited's registered office is in Kolkata, West Bengal. Its website is pressmanadvertising.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address147 Block G New Alipore, Kolkata, West Bengal, India – 700053
- IndustryMedia and Publishing, Advertising Agencies & Media Services
To see the full contact details of Pressman Advertising 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
Pressman Advertising operates two associated brands: Pressman Advertising and Pressman. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Full-service advertising and digital marketing solutions are offered. | pressmanindia.com | |
| Provider of web development, digital marketing, advertising, SMM, SEO, and PR services | pressmanadvertising.com |
Business activity
The main business activity of Pressman Advertising 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 Pressman Advertising Limited, buy the company report.
Financials of Pressman Advertising Limited
FY 2023 filings availablePressman Advertising Limited reported revenue of ₹16.33 Cr for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 701% over five years. EBITDA rose 7% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹16.33 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.76 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.45 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 35.3% | ||||
| Net Profit Margin | 27.2% | ||||
| 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 Pressman Advertising Limited, buy the company report.
Board of directors and KMP of Pressman Advertising Limited
Pressman Advertising Limited currently reports 5 directors and 1 key managerial person. 6 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Beni Gopal Pasari Also directs: Sadgun Trading Pvt Ltd | Cfo | 01 Mar 2019 | 7 Years 8 Months | As last reported |
| Sushil Kumar Mor Also directs: Sinclairs Hotels Limited | Director | 31 Jul 2008 | 18 Years 3 Months | As last reported |
| Kalyan Bose | Director | 12 Jul 2016 | 10 Years 3 Months | As last reported |
| Navin Chand Suchanti Also directs: Sinclairs Hotels Limited, Pressman Properties Private Limited, Son-Et-Lumiere Art Gallery Private Limited and 4 more | Director | 05 Jul 2013 | 13 Years 3 Months | As last reported |
| Ajit Khandelwal Also directs: BNK Capital Advisors LLP, BNK Fintech LLP, Ellenbarrie Industrial Gases Ltd and 5 more | Director | 21 Feb 2007 | 19 Years 8 Months | As last reported |
| Niren Chand Suchanti Also directs: Sinclairs Hotels Limited, Pressman Properties Private Limited, Son-Et-Lumiere Art Gallery Private Limited and 2 more | Managing Director | 05 Jul 2013 | 13 Years 3 Months | As last reported |
Auditor
Pressman Advertising Limited is audited by MOOKHERJEE BISWAS AND PATHAK for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MOOKHERJEE BISWAS AND PATHAK | FY 2023 | 301138E |
Shareholding
The shareholding of Pressman Advertising Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pressman Advertising Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Nov 2007 | 10084151 | Icici Bank Limited | ₹5 Cr | Satisfied | |
| 10 Jan 1997 | 90246862 | Icici Banking Corporation Limited | ₹3 Cr | Satisfied | |
| 06 Nov 1995 | 90245210 | The Industries Finance Corporation of India Ltd. | ₹10 Cr | Satisfied | |
| 22 Mar 1995 | 90245193 | Small Industries Development Bank of India | ₹5 Cr | Satisfied | |
| 11 Jul 1994 | 90245177 | The Industrial Development Bank of India | ₹5 Cr | Satisfied |
To see the full charge records of Pressman Advertising Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Pressman Advertising Limited has 6 court cases on record: 4 filed by Pressman Advertising, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 3 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Company petition | Filed against the company by In the Matter of : Pressman Advertising Ltd-And- | Disposed |
| High Court | Company petition | Filed by the company against In the Matter of : Nucent Estates Ltd | Disposed |
| High Court | Appeal | Filed against the company by In the Matter of : Pressman Advertising Ltd-And- | Disposed |
| High Court | Appeal | Filed by the company against In the Matter of : Nucent Estates Ltd | Disposed |
| High Court | Company petition | Filed by the company against And Pressman Realty Ltd. | Disposed |
To see the full case history of Pressman Advertising 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 Pressman Advertising Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Pressman Advertising Limited has a workforce of 16 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Pressman Advertising has 9 GST registrations: 3 active and 6 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCP9741M3ZQ | West Bengal | Active | 26 Jul 2017 |
| 07AABCP9741M2ZW | Delhi | Active | 01 Jul 2017 |
| 29AABCP9741M1ZR | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pressman Advertising Limited, buy the company report.
Recent activity
Pressman Advertising Limited has 16 board changes on record since 2006: 11 appointments and 5 cessations. The latest: Sujata Suchanti ceased to be Director on 02 May 2024.
34 earlier events are in the company report.
Frequently asked questions
Pressman Advertising has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Pressman Advertising was a public limited company based in Kolkata, West Bengal, India. The company worked in advertising agencies and media services, within the media and publishing industry. It was incorporated on 04 July 1983 and is registered under CIN L74140WB1983PLC036495. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Pressman Advertising was incorporated on 04 July 1983. It is registered with the Registrar of Companies, Kolkata.
Pressman Advertising had 6 directors and KMP:
- Niren Chand Suchanti - Managing Director
- Sushil Kumar Mor - Director
- Kalyan Bose - Director
- Navin Chand Suchanti - Director
- Ajit Khandelwal - Director
- Beni Gopal Pasari - Cfo
The CIN (Corporate Identification Number) of Pressman Advertising is L74140WB1983PLC036495. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pressman Advertising is recorded as a listed company by MCA, but its shares were delisted from BSE on 02 Mar 2024 · merger, and no longer trade on a stock exchange.
The registered office of Pressman Advertising is at 147 Block G New Alipore, Kolkata, West Bengal, India – 700053.
Pressman Advertising can be reached through the website pressmanadvertising.in. Its registered office is in Kolkata, West Bengal, India.
The latest financial statements of Pressman Advertising on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 14 July 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Pressman Advertising is 19AABCP9741M3ZQ, registered in West Bengal. The company has 9 GST registrations in all, of which 3 are active and 6 are cancelled or inactive. Other active GSTINs include 07AABCP9741M2ZW (Delhi), 29AABCP9741M1ZR (Karnataka).
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