Television Home Shopping Network Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 24.20 Cr
- Company Age 18 Year, 9 Months
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 25.17 Cr
- Satisfied Charges ₹ 200.00 Cr
- Revenue Growth -74.64%
- Profit Growth -510.30%
- Ebitda -455.02%
- Net Worth -139.78%
- Total Assets -85.12%
About Television Home Shopping Network
Television Home Shopping Network Limited (THSNL) is a Public Limited Indian Non-Government Company incorporated in India on 13 June 2006 and has a history of 18 years and nine months. Its registered office is in Thane, Maharashtra, India.
The Corporate was formerly known as Tv18 Home Shopping Network Private Limited. The Company is engaged in the E-Commerce Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 24.20 Cr.
The company currently has active open charges totaling ₹25.17 Cr. The company has closed loans amounting to ₹200.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Suchita Vaidya, Ripal Patel, and Kalpana Barot serve as directors at the Company.
Company Details
- Location
Thane, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U93091MH2006PLC281105
- Company No.
281105
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
13 Jun 2006
- Date of AGM
30 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
E-Commerce
What products or services does Television Home Shopping Network Limited offer?
Television Home Shopping Network Limited offers a wide range of products and services, including Swimming Pool & Water Sport Goods, Swimming Goggles.
Who are the key members and board of directors at Television Home Shopping Network?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Suchita Vaidya  | Director | 14-Aug-2019 | Current |
| Ripal Patel | Director | 14-Aug-2019 | Current |
| Kalpana Barot | Director | 07-Aug-2021 | Current |
Financial Performance of Television Home Shopping Network.
Television Home Shopping Network Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 74.64% decrease. The company also saw a substantial fall in profitability, with a 510.3% decrease in profit. The company's net worth observed a substantial decline by a decrease of 139.78%.
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What is the Ownership and Shareholding Structure of Television Home Shopping Network?
In 2020, Television Home Shopping Network had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Skyblue Buildwell Private LimitedSuchita Vaidya and Ripal Patel are mutual person
- Rahsa Trading Private Limited
Suchita Vaidya and Kalpana Barot are mutual person
Charges (Loans)
Open Charges
₹25.17 Cr
Satisfied Charges
₹200.00 Cr
Charges Breakdown by Lending Institutions
- Others : 25.17 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Aug 2021 | Others | ₹1.70 M | Open |
| 21 Aug 2018 | Others | ₹25.00 Cr | Open |
| 26 Jul 2013 | The Ratnakar Bank Limited | ₹25.00 Cr | Satisfied |
| 27 Apr 2012 | Rbl Bank Ltd. | ₹150.00 Cr | Satisfied |
| 22 Dec 2007 | Yes Bank Limited | ₹25.00 Cr | Satisfied |
How Many Employees Work at Television Home Shopping Network?
Television Home Shopping Network has a workforce of 91 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 Television Home Shopping 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 Television Home Shopping Network'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.
Latest Updates, News, and FAQs on Television Home Shopping Network
Recent activity within the organization
- Annual General Meeting
Television Home Shopping Network Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
- Charges
A charge with Others of Rs. 0.17 Cr registered on 13 Aug 2021 with Charge ID 100467374 was modified on 05 Aug 2022.
- Balance Sheet
Television Home Shopping Network Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.
- Charges
A charge with Others amounted to Rs. 0.17 Cr with Charge ID 100467374 was registered on 13 Aug 2021.
- Director Appointment
Kalpana Barot was appointed as a Director was appointed as a Director on 07 Aug 2021 & has been associated with this company since 3 years 7 months .
- Director Appointment
Suchita Harenbhai Vaidya was appointed as a Director was appointed as a Director on 14 Aug 2019 & has been associated with this company since 5 years 7 months .
Recent News, Updates & Announcement
Vendors Protest at Jantar Mantar as HomeShop18 Owners Refuse to Pay Rs 150-200 Crore Owed.When you realize you're owed Rs 150-200 crore by HomeShop18 but the former and current owners refuse to pay. Vendors say they were supposed to get the money after commission deductions but it never came. The company was sold to a smaller entity who also won't pay. Vendors tried to complain but no one is helping. Protest at Jantar Mantar. RIL says talk to new owners..
- AIOVA seeks RBI and MCA to intervene over HomeShop18 seller complaints.
ET has reviewed the contents of the two letters, which also pointed out to media reports stating the private sale of HomeShop18 by owner Network18 to a real estate firm Skyblue Buildwell Pvt. Ltd..
- Skyblue Buildwell acquires 82.6% stake in HomeShop18 | Mint.
HomeShop18 has ceased to be a subsidiary of NW18 HSN Holdings Pic and an associate of Network18 Media & Investments.In the latest round of funding, HomeShop18's existing shareholders did not participate.
- HomeShop18 completes merger with Shop CJ.
In September last year, Homeshop18 (a subsidiary of Network18 Media and Investments) and Shop CJ Network had said they will merge the businesses of both entities..
Frequently asked questions
What is the Incorporation or founding date of Television Home Shopping Network Limited?
Television Home Shopping Network Limited was incorporated on 13 Jun 2006.
What is authorized share capital and paid-up capital of Television Home Shopping Network Limited?
The authorized share capital of Television Home Shopping Network Limited is ₹ 25.00 Cr and paid-up capital is ₹ 24.20 Cr.
Who are the current board members & directors of Television Home Shopping Network Limited?
Currently 3 directors are associated with Television Home Shopping Network Limited.
- Suchita Harenbhai Vaidya
- Ripal Paragbhai Patel
- Kalpana Barot
What is the registered address of Television Home Shopping Network Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Television Home Shopping Network Limited is 102 Eshaanm Ghantali Road Naupada, Mumbai, Maharashtra, India, 400602.
What is the corporate identification number (CIN) and company number of Television Home Shopping Network Limited?
The corporate identification number (CIN) of Television Home Shopping Network Limited is U93091MH2006PLC281105 and the company number is 281105 as per Ministry of Corporate Affairs (MCA).
What is the official website of Television Home Shopping Network Limited?
The Official website of Television Home Shopping Network Limited is https://www.homeshop18.com
What has been the recent revenue trend for Television Home Shopping Network Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Television Home Shopping Network Limited has fallen by -74.64%.
How many employees does Television Home Shopping Network Limited currently have?
As Per 2021 financial reports, 91 employees are currently employed by Television Home Shopping Network Limited.
What change has been observed in the net worth of Television Home Shopping Network Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Television Home Shopping Network Limited has experienced an downturn of -139.78%.
What are the total open charges for Television Home Shopping Network Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Television Home Shopping Network Limited amount to ₹ 25.17 Cr.
When was the last Balance Sheet of Television Home Shopping Network Limited filed with the ROC?
The most recent Balance Sheet for Television Home Shopping Network Limited was filed with the ROC on 31 Mar 2022.
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