Academy Newspapers Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 24-10-2024
- Paid Up Capital ₹ 1.00 Cr
as on 24-10-2024
- Company Age 35 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.50 Cr
as on 24-10-2024
- Satisfied Charges ₹ 4.68 Cr
as on 24-10-2024
- Revenue 21.71%
(FY 2023)
- Profit 51.93%
(FY 2023)
- Ebitda 44.98%
(FY 2023)
- Net Worth 13.19%
(FY 2023)
- Total Assets 9.39%
(FY 2023)
About Academy Newspapers
The Company is engaged in the Media And Publishing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹1.50 Cr. The company has closed loans amounting to ₹4.68 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kechamada Kushalappa, Kalyatanda Vikrammutthanna, Kalyatanda Ganapathy, and One other member serve as directors at the Company.
- CIN/LLPIN
U22121KA1989PTC009914
- Company No.
009914
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
14 Mar 1989
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Mysore, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Academy Newspapers?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kalyatanda Vikrammutthanna  | Managing Director | 28-Sep-2004 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kechamada Kushalappa | Director | 20-Sep-2004 | Current |
| Kalyatanda Ganapathy | Whole-Time Director | 14-Mar-1989 | Current |
| Kaliatanda Bopanna | Director | 22-Nov-2006 | Current |
Financial Performance of Academy Newspapers.
Academy Newspapers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.71% increase. The company also saw a substantial improvement in profitability, with a 51.93% increase in profit. The company's net worth Soared by an impressive increase of 13.19%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Academy Newspapers?
In 2023, Academy Newspapers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
I-Yantra Technology Private LimitedActive 3 years 3 monthsKalyatanda Vikrammutthanna is a mutual person
Star Of Mysore Media Private LimitedActive 15 years 7 monthsKechamada Kushalappa, Kalyatanda Vikrammutthanna and 2 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Canara Bank Creation Date: 03 Dec 1998 | ₹1.50 Cr | Open |
Canara Bank Creation Date: 17 Feb 2014 | ₹2.92 Cr | Satisfied |
Canara Bank Creation Date: 27 Mar 2008 | ₹5.00 M | Satisfied |
How Many Employees Work at Academy Newspapers?
Academy Newspapers has a workforce of 67 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Academy Newspapers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Academy Newspapers's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
