Asianet News Network Private Limited

Leading South Indian news organization with regional channels, digital publishing, and subsidiaries.

2008 | Mumbai, Maharashtra (India) | Active
Last Updated:

Asianet News Network Profile

Key Indicators

  • Authorised Capital ₹ 230.00 Cr
  • Paid Up Capital ₹ 0.13 M
  • Company Age 16 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 67.08 Cr
  • Satisfied Charges ₹ 160.40 Cr
  • Revenue Growth 29.45%
  • Profit Growth 331.16%
  • Ebitda 377.81%
  • Net Worth 20.90%
  • Total Assets 3.71%

About Asianet News Network

Asianet News Network Private Limited (ANNPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 May 2008 and has a history of 16 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Asianet News Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 230.00 Cr and a paid-up capital of Rs 0.13 M.

The company currently has active open charges totaling ₹67.08 Cr. The company has closed loans amounting to ₹160.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Asianet News Network Private Limited India is Cholaghatta Ramegowda as COMPANY SECRETARY. Frank Thomas, Neeraj Kohli, and Appachoo Kuttaiah serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    asianetnews.com

  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U92100MH2008PTC181882

  • Company No.

    181882

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 May 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Media and Publishing

Who are the key members and board of directors at Asianet News Network?

Executive Team (1)

NameDesignationAppointment DateStatus
Cholaghatta Ramegowda Country flag representing In Company Secretary06-Sep-2019Current

Board Members (3)

NameDesignationAppointment DateStatus
Neeraj Kohli Country flag representing In Director 13-Jan-2022Current
Frank Thomas Country flag representing In Director 26-Mar-2018Current
Appachoo Kuttaiah Country flag representing In Director 19-Jan-2024Current

Financial Performance of Asianet News Network.

Asianet News Network Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 29.45% increase. The company also saw a substantial improvement in profitability, with a 331.16% increase in profit. The company's net worth Soared by an impressive increase of 20.9%.

Asianet News Network revenue growth over time
Asianet News Network profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
29.45%
Revenue from Operations
41.08%
Total Assets
3.71%
Profit or Loss
331.16%
Net Worth
20.90%
EBITDA
377.81%

What is the Ownership and Shareholding Structure of Asianet News Network?

In 2022, Asianet News Network had a promoter holding of 99.72% and a public holding of 0.28%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹67.08 Cr

Satisfied Charges

₹160.40 Cr

Charges Breakdown by Lending Institutions

  • Others : 66.97 Cr
  • Hdfc Bank Limited : 0.11 Cr

Latest Charge Details

DateLenderAmountStatus
21 Jul 2023Others₹0.78 MOpen
19 Dec 2022Others₹1.60 MOpen
28 Sep 2022Others₹66.73 CrOpen
14 Sep 2021Hdfc Bank Limited₹1.13 MOpen
27 Sep 2018Yes Bank Limited₹76.00 CrSatisfied

How Many Employees Work at Asianet News Network?

Asianet News Network has a workforce of 754 employees as of Apr 08, 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.

Employee growth trends for Asianet News Network Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Asianet News Network, 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 Asianet News Network's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Asianet News Network

Recent activity within the organization

  • Annual General Meeting

    Asianet News Network Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Asianet News Network Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Appachoo Nayakanda Kuttaiah was appointed as a Director was appointed as a Director on 19 Jan 2024 & has been associated with this company since 1 year 1 month .

  • Charges

    A charge with Others amounted to Rs. 0.08 Cr with Charge ID 100763397 was registered on 21 Jul 2023.

  • Charges

    A charge with Others amounted to Rs. 0.16 Cr with Charge ID 100664506 was registered on 19 Dec 2022.

  • Charges

    A charge with Others of Rs. 66.73 Cr registered on 28 Sep 2022 with Charge ID 100619454 was modified on 08 Dec 2022.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Asianet News Network Private Limited?

    Asianet News Network Private Limited was incorporated on 02 May 2008.

  • What is authorized share capital and paid-up capital of Asianet News Network Private Limited?

    The authorized share capital of Asianet News Network Private Limited is ₹ 230.00 Cr and paid-up capital is ₹ 0.13 M.

  • Who are the current board members & directors of Asianet News Network Private Limited?

    Currently 4 directors are associated with Asianet News Network Private Limited.

    • Frank Pettakkatt Thomas
    • Neeraj Kohli
    • Appachoo Nayakanda Kuttaiah
    • Cholaghatta Gopalappa Ramegowda

  • What is the registered address of Asianet News Network Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Asianet News Network Private Limited is Jay Chambers, Service Road Vile Parle (East) India, Mumbai, Maharashtra, 400057.

  • What is the corporate identification number (CIN) and company number of Asianet News Network Private Limited?

    The corporate identification number (CIN) of Asianet News Network Private Limited is U92100MH2008PTC181882 and the company number is 181882 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Asianet News Network Private Limited?

    The Official website of Asianet News Network Private Limited is https://www.asianetnews.com

  • What has been the recent revenue trend for Asianet News Network Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Asianet News Network Private Limited has risen by 29.45%.

  • How many employees does Asianet News Network Private Limited currently have?

    As Per 2022 financial reports, 754 employees are currently employed by Asianet News Network Private Limited.

  • What change has been observed in the net worth of Asianet News Network Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Asianet News Network Private Limited has experienced an upsurge of 20.90%.

  • What are the total open charges for Asianet News Network Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Asianet News Network Private Limited amount to ₹ 67.08 Cr.

  • When was the last Balance Sheet of Asianet News Network Private Limited filed with the ROC?

    The most recent Balance Sheet for Asianet News Network Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Television & Radio Broadcasting