About Vistaas Digital Media Private Limited
Data last updated:
Vistaas Digital Media Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 17 September 2009.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U64203MH2009PTC195876. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9 Lakh. It was formerly known as Vistaas Digital Media Limited. It was led by directors Hiren Uday Gada and Rajiv Krishnakumar Sanghvi.
Its last annual general meeting (AGM) was held on 10 August 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at A1/502 Yogi Palace Yogi Nagar Borivali (West) Mumbai – 400091., Maharashtra, India – 400091.
As per the financials filed for FY 2020, the company reported a revenue of ₹11,160. For the same year it recorded a net loss of ₹37.03 Lakh and EBITDA of -₹23.55 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 85% over three years and 80% over five years.
As per MCA filings, the company had satisfied charges of ₹3 Lakh on record. Court records list 4 cases involving the company, including 4 filed against it.
The last known website on record is vistaas.com.
Company details
CIN history
Vistaas Digital Media has one previous CIN (Corporate Identification Number): U64203MH2009PLC195876. The current CIN is U64203MH2009PTC195876, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U64203MH2009PTC195876 | Current |
| U64203MH2009PLC195876 | Previous |
Contact details
Vistaas Digital Media Private Limited's registered office is in Mumbai, Maharashtra. Its website is vistaas.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA1/502 Yogi Palace Yogi Nagar Borivali (West) Mumbai – 400091., Maharashtra, India – 400091
- IndustryInternet, Online Service Marketplaces
To see the full contact details of Vistaas Digital Media 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 Vistaas Digital Media is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
Financials of Vistaas Digital Media Private Limited
FY 2020 filings availableVistaas Digital Media Private Limited reported revenue of ₹11,160 for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 80% over five years. EBITDA rose 27% 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 | ₹11,160 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹23.55 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹37.03 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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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 | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Vistaas Digital Media Private Limited, buy the company report.
Board of directors of Vistaas Digital Media Private Limited
Vistaas Digital Media has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiren Uday Gada Also directs: Canonical Trading LLP, Shemaroo Entertainment Limited, Aikyam Entertainment Private Limited and 2 more | Director | 30 Oct 2010 | 16 Years 0 Months | As last reported |
| Rajiv Krishnakumar Sanghvi Also directs: RKS Digital Media LLP, Nanoquinn Technical Training Institute LLP, Nanoquinn Speciality Chemicals Private Limited and 5 more | Director | 17 Sep 2009 | 17 Years 1 Months | As last reported |
Auditor
Vistaas Digital Media Private Limited is audited by M K DANDEKER & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M K DANDEKER & CO | FY 2020 | 000679S |
Shareholding
The shareholding of Vistaas Digital Media Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Vistaas Digital Media Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jul 2010 | 10233349 | The Thane Janata Sahakari Bank Limited | ₹3 Lakh | Satisfied |
To see the full charge records of Vistaas Digital Media Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Vistaas Digital Media Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Arbitration matter | Filed against the company by Spice Digital Ltd. | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by Spice Digital Ltd. | Disposed |
| District court, Chittoor, Andhra Pradesh | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Vistaas Digital Media 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 Vistaas Digital Media Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vistaas Digital Media has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vistaas Digital Media Private Limited, buy the company report.
Recent activity
Vistaas Digital Media Private Limited has 8 board changes on record since 2009: 2 appointments and 6 cessations. The latest: Jai Buddhichand Maroo ceased to be Director on 13 Feb 2012.
1 earlier event is in the company report.
Frequently asked questions
Vistaas Digital Media has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Vistaas Digital Media was a private limited company based in Mumbai, Maharashtra, India. The company worked in online service marketplaces, within the internet industry. It was incorporated on 17 September 2009 and is registered under CIN U64203MH2009PTC195876. The company has been struck off by the Registrar of Companies and is no longer operational.
Vistaas Digital Media had 2 directors:
- Hiren Uday Gada - Director
- Rajiv Krishnakumar Sanghvi - Director
The CIN (Corporate Identification Number) of Vistaas Digital Media is U64203MH2009PTC195876. 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 Vistaas Digital Media is at A1502 Yogi Palace Yogi Nagar Borivali West Mumbai – 400091., Maharashtra, India – 400091.
Vistaas Digital Media was incorporated on 17 September 2009. It is registered with the Registrar of Companies, Mumbai.
Vistaas Digital Media can be reached through the website vistaas.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Vistaas Digital Media on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 10 August 2020. Year-wise statements from 2015 are in the company report.
No. Vistaas Digital Media has 1 GST registration on record and it is cancelled or inactive.
Vistaas Digital Media operated in the internet industry, in the online service marketplaces segment. It worked in this industry before it was struck off.
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