MIRA INFORM REPORT

 

IDENTIFICATION DETAILS

 

Name :

GTPL HATHWAY PRIVATE LIMITED (w.e.f. 06.05.2013)

 

 

Formerly Known As :

GUJARAT TELE LINK PRIVATE LIMITED

 

 

Country :

India

 

 

Financials (as on) :

31.03.2013

 

 

PAN No.:

[Permanent Account No.]

AACCG6676M

 

 

Legal Form :

Private Limited Liability Company

 

 

No. of Employees :

1400 (Approximately)

 

 

BUSINESS DETAILS

 

Line of Business :

Sale and series provider of cable connection and broadband.

 

 

Products :

Item Code No.

Product Description

99532523

Telecommunication

 

 

Imports :

 

Products :

Finished Good

Countries :

China

 

 

Terms :

 

Selling :

Cash and Credit, Depend

 

 

Purchasing :

Cash and Credit, Depend

 

 

GENERAL INFORMATION

 

No. of Employees :

1400 (Approximately)

 

 

Bankers :

Axis Bank, Ahmedabad, Gujarat, India

 

 

Facilities :

Secured Loan

31.03.2013

(Rs. in Millions)

31.03.2012

(Rs. in Millions)

Long-term Borrowings

 

 

Rupee term loans from banks

285.881

191.801

Rupee term loans from others

97.658

0.000

Long-term maturities of finance lease

obligations

560.591

255.512

Loans taken for vehicles

1.807

2.291

Short-term borrowings

 

 

Loans repayable on demand from banks

241.683

126.981

Total

1187.620

576.585

 

 

 

PARTICULARS

31.03.2013

(Rs. in Millions)

31.03.2012

(Rs. in Millions)

Long-term Borrowings

 

 

Deferred payment foreign sources

157.711

0.000

Loans and advances from related parties

218.945

181.586

Short-term borrowings

 

 

Deferred payment Indian sources

148.310

0.000

Deposits from others

1.348

1.315

Loans and advances from others

21.348

61.196

Total

547.662

244.097

 

 

 

Banking Relations :

--

 

 

Auditors :

 

Name :

J. B. Shah and Company

Chartered Accountants

Address :

302 Satkar Complex Behind Lal Bunglow Opposite Tali Bhavan CG Road Navrangpura, Ahmedabad – 380009, Gujarat, India

PAN N Income-tax PAN of auditor or auditor's firm :

ADBPS7222C

 

 

Subsidiary:

·         GTPL Solanki Cable Network Private Limited, India

 [U92199GJ2004PTC044487]

·         GTPL Surat Telelink Private Limited, India [U64204GJ2008PTC052871]

·         GTPL Zigma Vision Private Limited, India [U32209GJ1991PTC016738]

·         GTPL SK Network Private Limited, India [U72900MH2008PTC183980]

·         GTPL Video Badshah Private Limited, India

 [U64204GJ2008PTC054616]

·         GTPL Kutch Network Private Limited, India

[U64204GJ2008PTC054111]

·         GTPL Anjali Cable Network Private Limited, India

 [U64204GJ2008PTC054633]

·         GTPL City Channel Private Limited, India [U64204GJ2008PTC054647]

·         GTPL SMC Network Private Limited, India [U64204GJ2008PTC054650]

·         GTPL Jai Mataji Private Limited, India [U74900GJ2008PTC054376]

·         GTPL Space City Private Limited, India [U64204GJ2008PTC054649]

·         GTPL Link Network Private Limited, India [U64204GJ2009PTC056621]

·         GTPL VVC Network Private Limited, India [U64204GJ2009PTC056619]

·         Insight Channel Network Private Limited, India

 [U64204GJ2002PTC041335]

·         GTPL Vidarbha Telelink Private Limited, India

 [U72900GJ2008PTC053711]

·         GTPL Parshwa Cable Network Private Limited, India

 [U64202GJ2006PTC048132]

·         GTPL Vision Services Private Limited, India

 [U64204GJ2008PTC053271]

·         Narmada Cyberzone Private Limited, India

 [U32309GJ1999PTC035618]

·         GTPL Blue Bell Network Private Limited, India

 [U64204GJ2010PTC059691]

·         GTPL Shiv Shakti Network Private Limited, India, India

[U64204GJ2008PTC054373]

·         GTPL Dahod Television Network Private Limited,

 [U64204GJ2010PTC059770]

·         GTPL Sorath Telelink Private Limited, India

 [U64204GJ2008PTC053204]

·         GTPL Jay Shantoshima Network Private Limited, India

 [U64204GJ2008PTC054615]

·         GTPL Kolkata Cable and Broadband Pariseva Limited, India

 [U64204WB2006PLC109517]

·         GTPL Shiv Network Private Limited, India [U72900GJ2008PTC054620]

·         Gujarat Telelink East Africa Limited.

·         GTPL Ahmedabad Cable Network Private Limited, India

 [U64204GJ2010PTC059946]

·         GTPL V and S Cable Private Limited, India

 [U64204AS2006PTC008237]

·         GTPL Cabnet Private Limited, India [U64204GJ2009PTC056920]

·         GTPL Sharda Cale Network Private Limited, India [U64204GJ2011PTC067697]

·         GTPL Video Vision Private Limited

 

 

Associate:

·         Hathway Cable and Datacom Limited, India

 [L64204MH1959PLC011421]

·         GTPL Rajwadi Network Private Limited, India

[U72900GJ2008PTC053812]

 

 

Enterprises which are

owned, or have significant

influence of or are partners

with Key management

personnel and their

relatives:

·         Gujarat Television Private Limited, India [U64204GJ2008PTC052868]

·         Gujarat Digi Com Private Limited, India [U65993GJ2007PTC051954]

·         GTPL Prime Cable Entertainment Private Limited, India

 [U64204GJ2008PTC054634]

 

 

Joint venture

·         GTPL Khambhat Cable Network

·         GTPL World View Cable

·         GTPL Valsad Network

·         GT P L S P Enterprise

·         GTPL Raj World Vision

·         GTPL Rajwadi Channel

·         GTPL Om Net

·         Air Link Communication

·         GTPL Anil Cable Servces

·         GTPL Ashok Cable Services

·         GTPL Baria Television Network

·         GTPL Ganesh Communication

·         GTPL Gujarat Television Network

·         GTPL H K Cable

·         GTPL Jaydeep Cable

·         GTPL Krishna Cable Network

·         GTPL Krishna Cable Services

·         GTPL Sagar Cable Services

·         GTPL Sai Cable

·         GTPL Shiv Cable Baroda

·         GTPL Shree Sai Cable Network

·         GTPL Shree Shani Cable

·         GTPL Rainbow Video Vision

·         GTPL Rainbow Multi Channel

·         GTPL M Channel

·         GTPL Nawaz Network

·         GTPL Sab Network

·         GTPL Universal Cable Network

·         GTPL Kal Cable Network

·         GTPL A J

·         GTPL Zubi Video Vision

·         GTPL Vraj Cable

·         GTPL Pooja Cable Service

·         GTPL Pearl Communication Network

·         GTPL World Vision Ambaji

·         GTPL Atul Cable Network

·         GTPL Ma Bhagwati Cable

·         GTPL Renuka Cable

·         GTPL Shiv Network

·         GTPL Hamidali Cable

·         GTPL Narmada Cable Service

·         GTPL Kim Cable Entertainment

·         GTPL Bawa Cable Network

·         GTPL Bapu Network

·         GTPL Jyoti Cable

·         GTPL Leo Vision

·         GTPL Mtm Cable Network

·         GTPL Pol Star Vision

·         GTPL Star Line Cable Network

·         GTPL World Vision Sangli

·         GTPL Yak Cable Network

·         GTPL Buldana City Cable Network

·         GTPL Hariom World Vision

·         GTPl Henish Cable Bhatar

·         GTPL Khushboo Video Channel

·         GTPL Chaudhary Vision

·         GTPL Sanjiv Cable Vision Bhatar

·         GTPL Shiv Cable Batar1

·         GTPL Shiv Vision

·         GTPL - Space

 

 

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

 

As on 27.09.2013

 

Names of Shareholders

 

No. of Shares

Aniruddhsinh N  Jedeja

 

350750

Kanaksinh B Rana

 

125000

Amit Shah

 

25250

Gujarat Digi Com Private Limited, India

 

345500

Hathway Cable Datacom Limited, India

 

846500

Total

 

1693000

 

 

 

FINANCIAL DATA

[all figures are in Rupees Millions]

 

ABRIDGED BALANCE SHEET

 

SOURCES OF FUNDS

31.03.2013

31.03.2012

31.03.2011

 

 

 

 

I.              EQUITY AND LIABILITIES

 

 

 

(1)Shareholders' Funds

 

 

 

(a) Share Capital

16.930

14.850

14.100

(b) Reserves & Surplus

2395.696

1847.340

1438.060

(c) Money received against share warrants

0.000

0.000

0.000

 

 

 

 

(2) Share Application money pending allotment

0.000

0.000

97.000

Total Shareholders’ Funds (1) + (2)

2412.626

1862.190

1549.160

 

 

 

 

(3) Non-Current Liabilities

 

 

 

(a) long-term borrowings

1322.591

631.190

448.333

(b) Deferred tax liabilities (Net)

96.768

86.902

66.537

(c) Other long term liabilities

0.000

0.000

0.000

(d) long-term provisions

6.294

5.899

38.433

Total Non-current Liabilities (3)

1425.653

723.991

553.303

 

 

 

 

(4) Current Liabilities

 

 

 

(a) Short term borrowings

412.691

189.492

209.336

(b) Trade payables

533.477

557.680

467.467

(c) Other current liabilities

1045.635

827.058

684.482

(d) Short-term provisions

16.375

13.298

9.187

Total Current Liabilities (4)

2008.178

1587.528

1370.472

 

 

 

 

TOTAL

5846.457

4173.709

3472.935

 

 

 

 

II.          ASSETS

 

 

 

(1) Non-current assets

 

 

 

(a) Fixed Assets

 

 

 

(i) Tangible assets

2091.354

1241.672

993.417

(ii) Intangible Assets

512.873

522.752

474.081

(iii) Capital work-in-progress

148.554

35.732

53.280

(iv) Intangible assets under development

0.000

0.000

0.000

(b) Non-current Investments

936.234

939.554

771.356

(c) Deferred tax assets (net)

0.000

0.000

0.000

(d)  Long-term Loan and Advances

51.378

10.387

12.590

(e) Other Non-current assets

63.305

54.105

15.600

Total Non-Current Assets

3803.698

2804.202

2320.324

 

 

 

 

(2) Current assets

 

 

 

(a) Current investments

1.844

5.857

0.000

(b) Inventories

0.000

0.000

0.000

(c) Trade receivables

825.304

655.825

595.295

(d) Cash and cash equivalents

344.781

186.235

90.386

(e) Short-term loans and advances

714.381

394.194

390.422

(f) Other current assets

156.449

127.396

76.508

Total Current Assets

2042.759

1369.507

1152.611

 

 

 

 

TOTAL

5846.457

4173.709

3472.935

 

 

PROFIT & LOSS ACCOUNT

 

 

PARTICULARS

31.03.2013

31.03.2012

31.03.2011

 

SALES

 

 

 

 

Income

3419.058

2821.029

2314.832

 

Other Income

10.842

13.569

23.970

 

TOTAL

3429.900

2834.598

2338.802

 

 

 

 

 

Less

EXPENSES

 

 

 

 

Operating Expenses

2002.179

1770.731

1851.290

 

Employees Remuneration and Benefits

227.246

180.231

 

 

Other expenses

353.166

280.409

 

 

TOTAL

2582.591

2231.371

1851.290

 

 

 

 

 

Less

PROFIT/ (LOSS)  BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION 

847.309

603.227

487.512

 

 

 

 

 

Less

FINANCIAL EXPENSES

161.113

100.503

52.039

 

 

 

 

 

 

PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION 

686.196

502.724

435.473

 

 

 

 

 

Less/ Add

DEPRECIATION/ AMORTISATION

229.792

158.038

128.043

 

 

 

 

 

 

PROFIT/ (LOSS)  BEFORE TAX

456.404

344.686

307.430

 

 

 

 

 

 Less

TAX EXPENSES

165.777 

 115.165

 --

 

 

 

 

 

Less

PRIOR PERIOD ADJUSTMENTS

0.190

(0.509)

 

 

 

 

 

 

Less

PROVISION FOR CURRENT TAX

--

--

85.700

 

 

 

 

 

Less

DEFERRED TAX

--

--

18.288

 

 

 

 

 

Less

INCOME TAX FOR EARLIER YEARS

--

--

4.201

 

 

 

 

 

 

PROFIT/ (LOSS)  AFTER TAX 

290.437

230.030

199.241

 

 

 

 

 

 

PREVIOUS YEARS’ BALANCE BROUGHT FORWARD 

 NA

642.060

443.515

 

 

 

 

 

 

Balance Carried to the B/S

NA

872.090

642.060

 

 

 

 

 

 

Earnings / (Loss) Per Share (Rs.)

171.55 

NA

NA 

 

 

Particulars

 

 

 

31.03.2014

Sales Turnover (Approximately)

 

 

4400.000

 

The above information has been parted by Mr. Jayanta Bani (Financial Department)

 

OPERATIONS

 

The Operations during the year were satisfactory. The Company has earned Rs. 3419.058 Millions as income from operations from Rs. 2821.029 Millions in the previous year. The operating profit for the year increased to Rs. 456.404 Millions as against Rs. 344.686 Millions in the previous year.

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba (50)

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

 

 

Payment Behaviour :

Usually correct

 

 

Litigation :

Exist

 

HIGH COURT OF GUJARAT

 

SPECIAL CIVIL APPLICATION No. 4653 of 2014

 

 

Status : PENDING

( Converted from : C/ST/4410/2014 )

CCIN No : 001021201404653

 

Next Listing Date:

08/09/2014

 

Coram

·                     HONOURABLE MR.JUSTICE AKIL KURESHI

·                     HONOURABLE MR.JUSTICE J.B.PARDIWALA

Not Before :

·                     HONOURABLE MR.JUSTICE A.J.DESAI

 

S.NO.

Name of the Petitioner

Advocate On Record

 

1

VARACHHA ROAD CABLE OPERATORS ASSOCIATION

MR ASIM J PANDYA for: Petitioner(s) 1

 

S.NO.

Name of the Respondant

Advocate On Record

1
2
3
4
5

UNION OF INDIA
TELECOM REGULATORY AUTHORITY OF INDIA (TRAI)
STATE OF GUJARAT
COLLECTOR
GTPL HATHWAY PVT LTD

NOTICE SERVED for :Respondent(s) 1 , 4 - 5
GOVERNMENT PLEADER for :Respondent(s) 3

 

Presented On

: 21/03/2014

Registered On

: 27/03/2014

Bench Category

: -

District

: SURAT

Case Originated From

: THROUGH ADVOCATE

Listed

: 13 times

StageName

: NOTICE & ADJOURNED MATTERS

 

Classification
  • DB - VIRUS CHALLENGED - VIRUS CHALLENGED - CONSTITUTION OF INDIA - CENTRAL ACT / STATE ACT / RULE / STATUTORY NOTIFICATION / REGULATIONS

Act
  • CONSTITUTION OF INDIA

 

Office Details

 

S. No.

Filing Date

Document Name

Advocate Name

Court Fee on Document

Document Details

1

21/03/2014

VAKALATNAMA

MR ASIM J PANDYA ADVOCATE
for PETITIONER(s) 1

5

MR ASIM J PANDYA(542) for P:1

2

21/03/2014

MEMO OF APPEAL/PETITION/SUIT

MR ASIM J PANDYA ADVOCATE
for PETITIONER(s) 1

50

MR ASIM J PANDYA(542), for P:1

Linked Matters

 

S. No.

CaseDetail

Status Name

Disposal Date

Action/Coram

1

SPECIAL CIVIL APPLICATION/14128/2013

PENDING

-

-

·                     HONOURABLE MR.JUSTICE AKIL KURESHI

·                     HONOURABLE MR.JUSTICE J.B.PARDIWALA

Court Proceedings

 

S. No.

Notified Date

CourtCode

Board Sr. No.

Stage

Action

Coram

1

31/03/2014

1

38

ADMISSION (FRESH MATTERS)

FIXED NOTICE

·                     HONOURABLE THE CHIEF JUSTICE MR. BHASKAR BHATTACHARYA

·                     HONOURABLE MR.JUSTICE J.B.PARDIWALA

2

11/04/2014

1

86

NOTICE & ADJOURNED MATTERS

NEXT DATE

·                     HONOURABLE THE CHIEF JUSTICE MR. BHASKAR BHATTACHARYA

·                     HONOURABLE MR.JUSTICE J.B.PARDIWALA

3

25/04/2014

1

128

NOTICE & ADJOURNED MATTERS

NEXT DATE

·                     HONOURABLE THE CHIEF JUSTICE MR. BHASKAR BHATTACHARYA

·                     HONOURABLE MR.JUSTICE J.B.PARDIWALA

4

20/06/2014

1

66

NOTICE & ADJOURNED MATTERS

NEXT DATE

·                     HONOURABLE THE CHIEF JUSTICE MR. BHASKAR BHATTACHARYA

·                     HONOURABLE MR.JUSTICE J.B.PARDIWALA

5

30/06/2014

1

64

NOTICE & ADJOURNED MATTERS

NEXT DATE

·                     HONOURABLE THE CHIEF JUSTICE MR. BHASKAR BHATTACHARYA

·                     HONOURABLE MR.JUSTICE J.B.PARDIWALA

6

07/07/2014

1

68

NOTICE & ADJOURNED MATTERS

NEXT DATE

·                     HONOURABLE THE CHIEF JUSTICE MR. BHASKAR BHATTACHARYA

·                     HONOURABLE MR.JUSTICE J.B.PARDIWALA

7

14/07/2014

1

62

NOTICE & ADJOURNED MATTERS

NEXT DATE

·                     HONOURABLE THE CHIEF JUSTICE MR. BHASKAR BHATTACHARYA

·                     HONOURABLE MR.JUSTICE J.B.PARDIWALA

8

21/07/2014

1

73

NOTICE & ADJOURNED MATTERS

NEXT DATE

·                     HONOURABLE THE CHIEF JUSTICE MR. BHASKAR BHATTACHARYA

·                     HONOURABLE MR.JUSTICE J.B.PARDIWALA

9

28/07/2014

1

92

NOTICE & ADJOURNED MATTERS

NEXT DATE

·                     HONOURABLE THE CHIEF JUSTICE MR. BHASKAR BHATTACHARYA

·                     HONOURABLE MR.JUSTICE J.B.PARDIWALA

10

05/08/2014

1

72

NOTICE & ADJOURNED MATTERS

NEXT DATE

·                     HONOURABLE THE CHIEF JUSTICE MR. BHASKAR BHATTACHARYA

·                     HONOURABLE MR.JUSTICE J.B.PARDIWALA

11

08/08/2014

1

120

NOTICE & ADJOURNED MATTERS

NEXT DATE

·                     HONOURABLE THE CHIEF JUSTICE MR. BHASKAR BHATTACHARYA

·                     HONOURABLE MR.JUSTICE J.B.PARDIWALA

12

21/08/2014

7

90

NOTICE & ADJOURNED MATTERS

NEXT DATE

·                     HONOURABLE THE CHIEF JUSTICE MR. BHASKAR BHATTACHARYA

·                     HONOURABLE MR.JUSTICE AKIL KURESHI and HONOURABLE MR.JUSTICE J.B.PARDIWALA

13

08/09/2014

7

90

NOTICE & ADJOURNED MATTERS

 

·                     HONOURABLE MR.JUSTICE AKIL KURESHI

·                     HONOURABLE MR.JUSTICE J.B.PARDIWALA

Available Orders

 

S. No.

Case Details

Judge Name

Order Date

CAV

Judgement

Questions

Transferred

Download

1

SPECIAL CIVIL APPLICATION/4653/2014

·                     HONOURABLE THE CHIEF JUSTICE MR. BHASKAR BHATTACHARYA

·                     HONOURABLE MR.JUSTICE J.B.PARDIWALA

31/03/2014

N

ORDER

-

Y

 

 

 

RBI DEFAULTERS’ LIST STATUS

 

Subject’s name is not enlisted as a defaulter in the publicly available RBI Defaulters’ list.

 

LOCATIONS

 

Registered Office :

202, Sahajanand Shopping Center, Opposite Swaminarayan Mandir, Shahibaug, Ahmedabad – 380004, Gujarat, India

Tel. No.:

91-79-25626476/77

Fax No.:

91-79-30280335/44

E-Mail :

cs@gtpl.net

jayanta@gtpl.net

Website :

www.grpl.net

Location :

Owned

 

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