About Smaaash Entertainment Private Limited
Data last updated:
Smaaash Entertainment Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the entertainment venues and properties segment of the events and entertainment sector. It was incorporated on 30 November 2009.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U92413MH2009PTC197424. Its GSTIN is 27AACCI1792E1ZN (Maharashtra). The company holds 10 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹1,100 Cr and a paid-up capital of ₹240.3 Cr. It was formerly known as Idream Mediasphere Private Limited. It is led by directors including Nilesh Wasudeorao Kapile (Whole-Time Director) and Yogesh Yashwant Valanjoo (Whole-Time Director).
Its last annual general meeting (AGM) was held on 19 August 2021, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2020, the company reported a revenue of ₹176.62 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net loss of ₹87.58 Cr (net margin -49.6%) and EBITDA of ₹39.54 Cr (EBITDA margin 22.4%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 42% over five years.
The company has about 442 employees on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries.
The company is associated with 2 brands: Smaaash and Smaaash. As per MCA filings, the company has open charges of ₹300 Cr and satisfied charges of ₹232.13 Cr on record. Court records list 89 cases involving the company, including 25 filed by the company and 65 filed against it; 28 cases are pending. The company has 20 deals on record (8 secondary share transfers, 6 funding rounds, 5 rights issues), with disclosed funding of ₹339.75 Cr; the latest was in June 2025. The company has 7 MSME Form 1 returns on record between 2019 and 2022, listing 92 overdue payments to 18 micro and small suppliers.
The last known website on record is smaaash.in.
Company details
CIN history
Smaaash Entertainment has one previous CIN (Corporate Identification Number): U93090MH2009PTC197424. The current CIN is U92413MH2009PTC197424, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U92413MH2009PTC197424 | Current |
| U93090MH2009PTC197424 | Previous |
Contact details
Smaaash Entertainment Private Limited's registered office is in Mumbai, Maharashtra. Its website is smaaash.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address404 Udyog Mandir No.2 Mogul Lane Mahim (West), India, Mumbai, Maharashtra, India – 400016
- IndustryEvents and Entertainment, Entertainment Venues & Properties
To see the full contact details of Smaaash Entertainment 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
Brands
Smaaash Entertainment operates two associated brands: Smaaash and SMAAASH. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Virtual reality sports, leisure, and entertainment services are offered. | smaaash.in | |
| Entertainment services featuring gaming, virtual reality, and event hosting are provided by Smaaash. | smaaash-entertainment.in |
Business activity
The main business activities of Smaaash Entertainment are arts, entertainment and recreation and accommodation and food service. In detail, this covers sports, amusement and recreation activities and food and beverage services provided by hotels, restaurants, caterers, etc.. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | R4 | Sports, amusement and recreation activities | |
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
To see the full business activity and turnover split of Smaaash Entertainment Private Limited, buy the company report.
Financials of Smaaash Entertainment Private Limited
FY 2020 filings availableSmaaash Entertainment Private Limited reported revenue of ₹176.62 Cr (down 8% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 42%. EBITDA fell 10% 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 | ₹176.62 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹39.54 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹87.58 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.4% | ||||
| Net Profit Margin | -49.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Smaaash Entertainment Private Limited, buy the company report.
Board of directors of Smaaash Entertainment Private Limited
Smaaash Entertainment has 6 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Sharma | Additional Director | 06 Jun 2025 | 1 Years 4 Months | As last reported |
| Amit Ram Krishnan | Director | 22 Aug 2016 | 10 Years 2 Months | As last reported |
| Arun Vijaykumar Gupta Also directs: Absolute Sports Private Limited, Zaggle Prepaid Ocean Services Limited, Tea Post Limited and 1 more | Additional Director | 06 Jun 2025 | 1 Years 4 Months | As last reported |
| Probir Roy Also directs: Nazara Technologies Limited, Alize Media Private Limited, Alize Capital Investments Private Limited and 1 more | Additional Director | 06 Jun 2025 | 1 Years 4 Months | As last reported |
| Nilesh Wasudeorao Kapile Also directs: RNX Prime Engage LLP | Whole-Time Director | 17 Jul 2025 | 1 Years 3 Months | As last reported |
| Yogesh Yashwant Valanjoo | Whole-Time Director | 17 Jul 2025 | 1 Years 3 Months | As last reported |
Auditor
Smaaash Entertainment Private Limited is audited by L. J. Kothari & Co. for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| L. J. Kothari & Co. | FY 2020 | 105313W |
Shareholding
The shareholding of Smaaash Entertainment Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Smaaash Entertainment Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Aug 2017 | 100129114 | Others | ₹280 Cr | Open | |
| 11 Jan 2016 | 10616951 | Small Industries Development Bank of India | ₹10 Cr | Open | |
| 24 Apr 2015 | 10566528 | Small Industries Development Bank of India | ₹10 Cr | Open | |
| 21 Jun 2017 | 100107709 | Others | ₹10 Cr | Satisfied | |
| 29 Apr 2017 | 100095223 | Others | ₹10 Cr | Satisfied |
To see the full charge records of Smaaash Entertainment Private Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Smaaash Entertainment Private Limited has 20 deals on record (8 secondary share transfers, 6 funding rounds, 5 rights issues), with disclosed funding of ₹339.75 Cr; the latest was in June 2025.
Deals on record (5 of 20)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2025 | Funding round | ₹10 Cr | Investors: Nazara Technologies Limited , Nazara Technologies Limited & Sandeep Dube, Nazara Technologies Limited & Amit Shah |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Sidhant Capital Limited Seller: Purvanchal Leasing Limited |
| Dec 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Aj Finance Pvt Ltd |
| Dec 2018 | Funding round | ₹1.07 Cr | Investors: I-AM Capital Acquisition |
| Oct 2017 | Funding round | ₹189.92 Cr | Investors: Sixth Sense Ventures, Hero Enterprise Partner Ventures, Saroj Kumar Poddar Family Office, an individual |
To see the full deal history of Smaaash Entertainment Private 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
Smaaash Entertainment Private Limited has 89 court cases on record: 25 filed by Smaaash Entertainment, 65 filed against it. 28 cases are pending and 61 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 33 | 21 | 15 |
| District courts | 27 | 23 | 8 |
| NCLAT | 21 | 14 | 3 |
| Supreme Court | 4 | 3 | 2 |
| NCLT | 4 | 4 | 0 |
Cases on record (5 of 89)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by Aha Holdings Private Limited | Pending |
| District court, Barnala, Punjab | Arbitration matter | Filed by the company against M/S HG Exim Pvt. Ltd. and 1 other | Pending |
| Bombay High Court | Arbitration matter | Filed against the company by Massive Restaurants Pvt Ltd Masala Library Restaurants | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Fab Cars Pvt. Ltd. Through Its Authorised Representative Ruchita Dere | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Aha Holdings Pvt Ltd and 1 other | Pending |
To see the full case history of Smaaash Entertainment 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
Smaaash Entertainment Private Limited has 7 MSME Form 1 returns on record between 2019 and 2022, listing 92 overdue payments to 18 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 18)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Evolute Media & Events LLP | |||
| Omcaretaker Security Services Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Zigma Technologies |
To see the full MSME payment records of Smaaash Entertainment Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Smaaash Entertainment has 4 subsidiary companies. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Adrenaline Foods Private Limited | U15122MH2014PTC259740 | |
| Smaaash Leisure Limited | U74120MH2008PLC316737 | |
| Smaaash Village Private Limited | U92419MH2016PTC281988 | |
| Smaaash Innovations Private Limited | U93000MH2014PTC260311 |
To see the full group structure of Smaaash Entertainment Private Limited, buy the company report.
Employees & EPFO
Smaaash Entertainment Private Limited has a workforce of 442 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Smaaash Entertainment has 10 GST registrations: 6 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCI1792E1ZN | Maharashtra | Active | 01 Jul 2017 |
| 27AACCI1792E2ZM | Maharashtra | Active | 22 Jul 2017 |
| 03AACCI1792E1ZX | Punjab | Active | 01 Jul 2017 |
| 06AACCI1792E1ZR | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Smaaash Entertainment Private Limited, buy the company report.
Recent activity
Smaaash Entertainment Private Limited has 23 board changes on record since 2011: 6 appointments and 17 cessations. The latest: Nilesh Wasudeorao Kapile was appointed as Whole-Time Director on 17 Jul 2025.
42 earlier events are in the company report.
News
Frequently asked questions
Smaaash Entertainment is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Smaaash Entertainment is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in entertainment venues and properties, within the events and entertainment industry. It was incorporated on 30 November 2009 and is registered under CIN U92413MH2009PTC197424. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Smaaash Entertainment has 6 current directors:
- Nilesh Wasudeorao Kapile - Whole-Time Director
- Yogesh Yashwant Valanjoo - Whole-Time Director
- Rohit Sharma - Additional Director
- Amit Ram Krishnan - Director
- Arun Vijaykumar Gupta - Additional Director
- Probir Roy - Additional Director
The latest financial statements of Smaaash Entertainment on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 19 August 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Smaaash Entertainment is U92413MH2009PTC197424. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Smaaash Entertainment has open charges of ₹300 Cr and satisfied charges of ₹232.13 Cr as per latest MCA filings.
Smaaash Entertainment has 89 court cases on record: 25 filed by the company and 65 filed against it. 28 are pending. Most are in the high courts.
Smaaash Entertainment was incorporated on 30 November 2009. It is registered with the Registrar of Companies, Mumbai.
Smaaash Entertainment has 20 deals on record (8 secondary share transfers, 6 funding rounds, 5 rights issues), with disclosed funding of ₹339.75 Cr; the latest was in June 2025.
Nilesh Wasudeorao Kapile was appointed as Whole-Time Director on 17 Jul 2025. Nilesh Wasudeorao Kapile ceased to be Additional Director on 17 Jul 2025. Yogesh Yashwant Valanjoo was appointed as Whole-Time Director on 17 Jul 2025. Smaaash Entertainment has 23 board changes on record in total.
Smaaash Entertainment has 7 MSME Form 1 returns on record between 2019 and 2022, listing 92 overdue payments to 18 micro and small suppliers. The latest return was filed on 30 Apr 2022.
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