Musecomm Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.31 M
- Company Age 13 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.72 Cr
- Satisfied Charges ₹ 2.70 Cr
- Revenue Growth -12.33%
- Profit Growth -205.42%
- Ebitda -77.23%
- Net Worth -27.69%
- Total Assets 3.86%
About Musecomm
Musecomm Private Limited (MPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 December 2011 and has a history of 13 years and one month. Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Muse Communications 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 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.31 M.
The company currently has active open charges totaling ₹1.72 Cr. The company has closed loans amounting to ₹2.70 Cr, as per Ministry of Corporate Affairs (MCA) records.
Madhav Menon and Rijesh Benedict serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U74300KA2011PTC061893
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Company No.
061893
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
28 Dec 2011
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Musecomm?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rijesh Benedict
|
Managing Director | 28-Dec-2011 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Madhav Menon
|
Director | 28-Dec-2011 | Current |
Financial Performance of Musecomm.
Musecomm Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.33% decrease. The company also saw a substantial fall in profitability, with a 205.42% decrease in profit. The company's net worth observed a substantial decline by a decrease of 27.69%.
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What is the Ownership and Shareholding Structure of Musecomm?
In 2023, Musecomm had a public holding of 4.46%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Zelus Network Private LimitedMadhav Menon and Rijesh Benedict are mutual person
Charges (Loans)
₹17.23 M
₹26.95 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 1.50 Cr
- Hdfc Bank Limited : 0.22 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jul 2022 | Hdfc Bank Limited | ₹2.23 M | Open |
| 09 May 2022 | Axis Bank Limited | ₹1.50 Cr | Open |
| 03 Jul 2020 | Others | ₹1.40 Cr | Satisfied |
| 10 Aug 2018 | Yes Bank Limited | ₹8.00 M | Satisfied |
| 25 Jul 2013 | Development Credit Bank Limited | ₹4.95 M | Satisfied |
How Many Employees Work at Musecomm?
Musecomm has a workforce of 33 employees as of Apr 04, 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 Musecomm, 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 Musecomm'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.
