Tips Music Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 12.84 Cr
- Company Age 28 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 315.79 Cr
- Revenue Growth 38.43%
- Profit Growth 18.54%
- Ebitda 18.18%
- Net Worth 32.99%
- Total Assets 31.28%
About Tips Music
Tips Music Limited (TML) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 May 1996 and has a history of 28 years and ten months. Its registered office is in Mumbai 400 052, Maharashtra.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532375 and on the National Stock Exchange(NSE) under TIPSINDLTD.
The Corporate was formerly known as Tips Industries 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 20.00 Cr and a paid-up capital of Rs 12.84 Cr.
The company has closed loans amounting to ₹315.79 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Tips Music Limited India are Hari Nair as Ceo, Sushant Dalmia as Cfo, and Bijal Patel as Company Secretary. Ramesh Taurani, Kumar Taurani, Rajan Singh, and Three other members serve as directors at the Company.
Company Details
- Location Mumbai 400 052, Maharashtra
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L92120MH1996PLC099359
- Company No.
099359
- Stock Symbol
BSE : 532375 NSE : TIPSINDLTD
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
08 May 1996
- Date of AGM
26 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Media and Publishing
Who are the key members and board of directors at Tips Music?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kumar Taurani  | Managing Director | 08-May-1996 | Current |
| Hari Nair | CEO | Current | |
| Sushant Dalmia | CFO | Current | |
| Bijal Patel | Company Secretary | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Girish Taurani | Director | 13-Feb-2020 | Current |
| Chandrashekar Ponnuswamy | Additional Director | 23-Oct-2024 | Current |
| Ramesh Taurani | Director | 01-Apr-2008 | Current |
| Rajan Singh | Director | 21-May-2024 | Current |
| Tara Subramaniam | Director | 30-May-2022 | Current |
Financial Performance of Tips Music.
Tips Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 38.43% increase. The company also saw a substantial improvement in profitability, with a 18.54% increase in profit. The company's net worth Soared by an impressive increase of 32.99%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Tips Music?
In 2023, Tips Music had a promoter holding of 75.00% and a public holding of 25.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tips Films LimitedRamesh Taurani and Kumar Taurani are mutual person
Jm Financial Home Loans LimitedTara Subramaniam is a mutual person
Punjab Chemicals And Crop Protection LimitedTara Subramaniam is a mutual person
Vascon Engineers LimitedTara Subramaniam is a mutual person
Nisus Finance Services Co LimitedTara Subramaniam is a mutual person
Deltatech Gaming LimitedTara Subramaniam is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹315.79 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 95.00 Cr
- Industrial Development Bank Of India Limited : 49.35 Cr
- Central Bank Of India : 40.50 Cr
- Others : 39.29 Cr
- Export-Import Bank Of India : 25.00 Cr
- Others : 66.65 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Aug 2014 | Others | ₹39.29 Cr | Satisfied |
| 06 Sep 2013 | Canara Bank | ₹20.00 Cr | Satisfied |
| 23 Aug 2013 | Canara Bank | ₹75.00 Cr | Satisfied |
| 11 Jun 2013 | Export-Import Bank Of India | ₹25.00 Cr | Satisfied |
| 18 Feb 2013 | Central Bank Of India | ₹24.00 Cr | Satisfied |
How Many Employees Work at Tips Music?
Tips Music has a workforce of 44 employees as of Apr 05, 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 Tips Music, 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 Tips Music'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 Tips Music
Recent activity within the organization
- Director Appointment
Chandrashekar Ponnuswamy was appointed as a Additional Director was appointed as a Additional Director on 23 Oct 2024 & has been associated with this company since 4 months 19 days .
- Annual General Meeting
Tips Music Limited last Annual general meeting of members was held on 26 Jul 2024 as per latest MCA records.
- Director Appointment
Rajan Singh was appointed as a Director was appointed as a Director on 21 May 2024 & has been associated with this company since 9 months 21 days .
- Balance Sheet
Tips Music Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Tara Subramaniam was appointed as a Director was appointed as a Director on 30 May 2022 & has been associated with this company since 2 years 9 months .
- Charges
A charge registered on 26 Aug 2014 via Charge ID 10517435 with Others was fully satisfied on 23 Aug 2021.
Recent News, Updates & Announcement
Warner expands distribution deal with India’s Tips Industries, amid ongoing South Asian music boom.Warner’s new deal with Tips will include the Indian film production and music company’s entire repertoire..
Frequently asked questions
What is the Incorporation or founding date of Tips Music Limited?
Tips Music Limited was incorporated on 08 May 1996.
What is authorized share capital and paid-up capital of Tips Music Limited?
The authorized share capital of Tips Music Limited is ₹ 20.00 Cr and paid-up capital is ₹ 12.84 Cr.
Who are the current board members & directors of Tips Music Limited?
Currently 9 directors are associated with Tips Music Limited.
- Ramesh Sadhuram Taurani
- Kumar Sadhuram Taurani
- Rajan Singh
- Tara Subramaniam
- Chandrashekar Ponnuswamy
- Girish Kumar Taurani
- Hari Thamban Nair
- Sushant Sushil Dalmia
- Bijal Patel
What is the registered address of Tips Music Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Tips Music Limited is 601 Durga Chambers 6Th Floor Opp.B.P.L. Gallery 278/E Linking Road, Khar(West) India, Mumbai 400 052, Maharashtra.
What is the corporate identification number (CIN) and company number of Tips Music Limited?
The corporate identification number (CIN) of Tips Music Limited is L92120MH1996PLC099359 and the company number is 099359 as per Ministry of Corporate Affairs (MCA).
Is Tips Music Limited registered with any stock exchange in India?
Yes, Tips Music Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): TIPSINDLTD.
What is the official website of Tips Music Limited?
The Official website of Tips Music Limited is https://www.tips.in
What has been the recent revenue trend for Tips Music Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Tips Music Limited has risen by 38.43%.
How many employees does Tips Music Limited currently have?
As Per 2023 financial reports, 44 employees are currently employed by Tips Music Limited.
What change has been observed in the net worth of Tips Music Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Tips Music Limited has experienced an upsurge of 32.99%.
When was the last Balance Sheet of Tips Music Limited filed with the ROC?
The most recent Balance Sheet for Tips Music Limited was filed with the ROC on 31 Mar 2024.
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