About Xeco Marketing Private Limited
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Xeco Marketing Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 03 July 2012.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2012PTC232861. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.51 Cr and a paid-up capital of ₹1 Lakh. It was formerly known as Xeco Website Management Services Private Limited. It is led by directors Prakash Kumble Bangera and Divakar Thampanna Gatti.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at No. 9 Ground Floor Maharashtra Garage P G Solanki Marg Jubilee Baug Grant Ro, Ad, Mumbai, Maharashtra, India – 400007.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.6 Cr, a decline of 51% compared to the previous year. For the same year it recorded a net loss of ₹34.58 Lakh (net margin -21.7%) and EBITDA of -₹27.9 Lakh (EBITDA margin -17.5%).
As per MCA filings, the company has open charges of ₹5 Cr on record. Court records list 7 cases involving the company, including 7 filed against it.
The last known website on record is xeco.in.
Company details
Contact details
Xeco Marketing Private Limited's registered office is in Mumbai, Maharashtra. Its website is xeco.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressNo. 9 Ground Floor Maharashtra Garage P G Solanki Marg Jubilee Baug Grant Ro, Ad, Mumbai, Maharashtra, India – 400007
- IndustryMedia and Publishing, Advertising Agencies & Media Services
To see the full contact details of Xeco Marketing 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 Xeco Marketing 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 Xeco Marketing Private Limited, buy the company report.
Financials of Xeco Marketing Private Limited
FY 2017 filings availableXeco Marketing Private Limited reported revenue of ₹1.6 Cr (down 51% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 51% in the latest year. EBITDA fell 8% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹1.6 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹27.9 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹34.58 Lakh | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -17.5% | ||
| Net Profit Margin | -21.7% | ||
| 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 Xeco Marketing Private Limited, buy the company report.
Board of directors of Xeco Marketing Private Limited
Xeco Marketing 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 |
|---|---|---|---|---|
| Prakash Kumble Bangera | Director | 24 Feb 2016 | 10 Years 8 Months | As last reported |
| Divakar Thampanna Gatti Also directs: Fabelizer Movies One LLP, Chototel One (India) Resorts LLP, Magnum Realty and Resorts LLP and 4 more | Director | 24 Feb 2016 | 10 Years 8 Months | As last reported |
Auditor
Xeco Marketing Private Limited is audited by D N SHUKLA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D N SHUKLA & CO | FY 2017 | 110228W |
Shareholding
The shareholding of Xeco Marketing Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Xeco Marketing Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2013 | 10416690 | Axis Bank Limited | ₹5 Cr | Open |
To see the full charge records of Xeco Marketing Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Xeco Marketing Private Limited has 7 court cases on record: 7 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 6 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (RP) | Filed against the company by M/S Axis Bank Ltd | Disposed |
| High Court, KARNATAKA | Writ petition | Filed against the company by Synergyone Infrastructure and Projects Pvt Ltd | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by Synergyone Infrastructure and Projects Pvt Ltd | Disposed |
| Bombay High Court | Company petition | Filed against the company by Axis Bank Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal miscellaneous application | Filed against the company by Authorised Officer Axis Bank Ltd | Disposed |
To see the full case history of Xeco Marketing 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 Xeco Marketing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Xeco Marketing 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 Xeco Marketing Private Limited, buy the company report.
Recent activity
Xeco Marketing Private Limited has 6 board changes on record since 2013: 2 appointments and 4 cessations. The latest: Naqisa Miriam Silva ceased to be Additional Director on 01 Mar 2016.
Frequently asked questions
Xeco Marketing is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Xeco Marketing is a company under liquidation, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in advertising agencies and media services, within the media and publishing industry. It was incorporated on 03 July 2012 and is registered under CIN U74120MH2012PTC232861. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Xeco Marketing has 2 current directors:
- Prakash Kumble Bangera - Director
- Divakar Thampanna Gatti - Director
The latest financial statements of Xeco Marketing on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Xeco Marketing is U74120MH2012PTC232861. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Xeco Marketing has open charges of ₹5 Cr and no satisfied charges on record as per latest MCA filings.
Xeco Marketing has 7 court cases on record: 7 filed against it. Most are in the high courts.
Xeco Marketing was incorporated on 03 July 2012. It is registered with the Registrar of Companies, Mumbai.
Naqisa Miriam Silva ceased to be Additional Director on 01 Mar 2016. Rhea Lucille Silva ceased to be Additional Director on 01 Mar 2016. Divakar Thampanna Gatti was appointed as Director on 24 Feb 2016. Xeco Marketing has 6 board changes on record in total.
Xeco Marketing can be reached through the website xeco.in. Its registered office is in Mumbai, Maharashtra, India.
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