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Indian Cable Net Company Limited

Some of the statements made in this section are forward-looking statements and are based on the current beliefs, assumptions ,expectations, estimates, objectives and projections of the directors and management of Indian Cable Net Company Limited about its business and the industry and markets in which it operates. These forward-looking statements include, without limitation, statements relating to revenues and earnings. The words “believe”, “anticipate”, “expect”, “estimate”, “intend”, “project” and similar expressions are also intended to identify forward looking statements. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond the control of the Company and are difficult to predict. Consequently, actual results could differ materially from those expressed or forecast in the forward-looking statements as a result of, among other factors, changes in economic and market conditions, changes in the regulatory environment and other business and operational risks. The Company does not undertake to update these forward-looking statements to reflect events or circumstances that may arise after publication.

Factsheet

Basic Information

Nature of BusinessExporter and Service Provider
Year of Establishment2004
Legal Status of FirmLimited Company (Ltd./Pvt.Ltd.)
Annual TurnoverRs. 100 - 500 Crore

Statutory Profile

Import Export Code (IEC)02100*****
GST No.19AABCR4726Q1ZR
CIN No.U92132WB1995PLC075754

About Us

Some of the statements made in this section are forward-looking statements and are based on the current beliefs, assumptions ,expectations, estimates, objectives and projections of the directors and management of Indian Cable Net Company Limited about its business and the industry and markets in which it operates. These forward-looking statements include, without limitation, statements relating to revenues and earnings. The words “believe”, “anticipate”, “expect”, “estimate”, “intend”, “project” and similar expressions are also intended to identify forward looking statements. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond the control of the Company and are difficult to predict. Consequently, actual results could differ materially from those expressed or forecast in the forward-looking statements as a result of, among other factors, changes in economic and market conditions, changes in the regulatory environment and other business and operational risks. The Company does not undertake to update these forward-looking statements to reflect events or circumstances that may arise after publication.+ Read More

Our Management

Mr. Avnindra Mohan, age 50 years, is currently designated as President in Essel Group and is on board since 2005. He is a Chartered Accountant, Law graduate, Management Graduate from Faculty of Management Studies. In a career spanning over 29 years, he has served with various reputed companies and multi-national organizations, the last being M/s. Reliance Infocomm Ltd. where he worked as Head – Commercial & Legal. He is an expert in Broadcasting, Cable & Taxation Laws. As an astute financial and legal strategy, he has been instrumental in deepening of legal and financial framework of the company. He is handling all the legal & regulatory affairs of the Group, which inter-alia include Broadcasting, DTH Services, Cable Distribution etc.

He has been representing Indian Broadcasting Federation (IBF) in the discussions relating to WIPO & WTO treaties for Broadcasting Sector with Ministry of HRD and Ministry of I & B. He is a member of various task force and committees constituted by Ministry of I & B, Govt. of India for implementation of Digital Addressable Systems (DAS), Broadcasting Bill, Content Code etc.

Mr. Suresh Kumar, age 39 years, has been associated with the company since May 2005. He has been appointed as a director of the company at the time of acquisition of the company from the RPG Group. He is a qualified Company Secretary and holds Master Degree in Financial Management. During his career he has been associated with various companies of Essel Group as their company secretaries since 2001.

Mr. Avnindra Mohan, age 50 years, is currently designated as President in Essel Group and is on board since 2005. He is a Chartered Accountant, Law graduate, Management Graduate from Faculty of Management Studies. In a career spanning over 29 years, he has served with various reputed companies and multi-national organizations, the last being M/s. Reliance Infocomm Ltd. where he worked as Head – Commercial & Legal. He is an expert in Broadcasting, Cable & Taxation Laws. As an astute financial and legal strategy, he has been instrumental in deepening of legal and financial framework of the company. He is handling all the legal & regulatory affairs of the Group, which inter-alia include Broadcasting, DTH Services, Cable Distribution etc.

He has been representing Indian Broadcasting Federation (IBF) in the discussions relating to WIPO & WTO treaties for Broadcasting Sector with Ministry of HRD and Ministry of I & B. He is a member of various task force and committees constituted by Ministry of I & B, Govt. of India for implementation of Digital Addressable Systems (DAS), Broadcasting Bill, Content Code etc.

Mr. Suresh Kumar, age 39 years, has been associated with the company since May 2005. He has been appointed as a director of the company at the time of acquisition of the company from the RPG Group. He is a qualified Company Secretary and holds Master Degree in Financial Management. During his career he has been associated with various companies of Essel Group as their company secretaries since 2001.

He has been expertise in giving legal framework for the organization and drawing up framework of relationship with the partners and associates of the company. He has been instrumental in giving strategic direction to the companies’ expansion. He is also expert in Corporate Laws, laws relating to intellectual property rights, SEBI regulations etc.

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Business Objectives

We along with our holding company namely Siti Cable Network Limited (hereinafter to be referred as “SCNL”) are leader in the distribution channels of media and entertainment industry. We are providing our services to almost 2 million households and having our presence in Kolkata and its suburbs, Asansol, Cooch Behar, Dhanbad, Jamshedpur, Ranchi, Greater Noida etc. We along with SCNL hold approx 60% market shares of cable distribution in Kolkata. We provide cable signals to about 600 franchisees, covering more than 2000 cable operators. In November 2010, we have been selected among Top 500 brands of India by India Brand Equity Foundation (“IBEF”) and have been awarded with “Certificate of Excellence”. In 2011 we have been ranked 307 among the Top 500 brands of India by IBEF and were one of the fastest growing company of the year.

Our services include Analog Cable Television, Digital Cable Television, Broadband Internet Services, Lease line Services and Local Channels. Our company is providing analog cable television to almost 1.3 million households and digital cable television to around 0.1 million households. ICNCL provides a bouquet of 90 popular channels in Non CAS area and 400 digital and analogue channels in CAS area. The Company has been continuously striving for broad-basing and diversifying it revenue streams to de-risk its core business. Over the years apart from traditional revenue streams it has embarked on earnings from Dark Fiber Leasing to, and AMC of, Telecom and Internet. The company has been giving on lease to all telecom, its network and has de-risked its core business. Some of our clients are Airtel, Vodafone, Tata Tele Services Ltd, Videsh Sanchar Nigam Limited, Sify, Aircel, etc. The company has a fully upgraded HFC overhead network of around 2000 km spread all over Kolkata City. This network is supported by all fully in-house capability of maintenance. The company is also providing Broadband Internet Services to retail customers. In F.Y. 2012, the broadband division of the company has achieved a turnover of Rs 32.6 million.

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About The Company

Our company was incorporated on December 6, 1995 as RPG Netcom Limited. The company was founded by Mr. R P Goenka (popularly known as RPG). Subsequently the name of our company was changed to Indian Cable Net Company Limited under the provisions of the Companies Act and a fresh certificate of incorporation consequent upon change of name dated October 19, 2004 issued by Registrar of Companies, West Bengal. As the business of the company was not integrated with the core business of the RPG Group, the promoters has sold the company to ZEE Group (Essel Group of Companies) owned and led by Pioneer of Indian Media & Entertainment Industry Mr. Subhash Chandra, in May 2005. It was a strategic decision of ZEE Group to acquire the company for consolidation of its presence in Kolkata and suburbs and backward integration in the Media & Entertainment Industry. Our company is a premier Cable Television Signal Provider i.e. Multi System Operator (MSO) having its presence in Kolkata and its suburbs, Greater Noida, Asansol, Cooch Behar, Dhanbad, Jamshedpur and other cities.+ Read More
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