CLUES NETWORK PRIVATE LIMITED

Detailed Report

02 August, 2020
 CLUES NETWORK PRIVATE LIMITED

Chapter 1 Overview 4
1.1 Vitals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
1.2 Contact Details . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
1.3 Latest Filings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
1.4 Old Names Of This Company . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
1.5 Old Cins Of This Company . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
1.6 Industry . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
1.7 Kyc Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
1.8 Financial Highlights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
1.9 Auditors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

Chapter 2 Directors And Kmp 6

2.1 Current Directors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
2.2 Current Kmp Other Than Directors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
2.3 Other Directorships . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
2.4 Previous Directors / Kmp . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6

Chapter 3 Financials 8
3.1 Financial Highlights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
3.2 Standalone Balance Sheet (ind-As) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
3.3 Standalone Balance Sheet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
3.4 Standalone Profit And Loss (ind-As) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
3.5 Standalone Profit And Loss . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
3.6 Important Ratios . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13

Chapter 4 Terms And Conditions 14

4.1 Copyright . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
4.2 Disclaimer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14

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 CLUES NETWORK PRIVATE LIMITED

OVERVIEW
02 August, 2020

VITALS

Status Active Authorised share capital 40.00 lac

CIN U52590HR2011PTC055841 Paid up share capital 35.22 lac
Incorporation Date 05 March, 2011 Sum of existing charges 25.00 cr
Category Company limited by Shares Last reported AGM date 25 November, 2019
Sub-category Non-govt company Listing status Unlisted

CONTACT DETAILS

Email Address [email protected] Registered Address

Website http://www.shopclues.com/ Plot No.112, Sec-44 Gurgaon Gurgaon Haryana
Telephone 01246777088 - 122003

LATEST FILINGS

LATEST ANNUAL RETURN 31 March, 2019

LATEST BALANCE SHEET 31 March, 2019
LATEST PROFIT & LOSS 31 March, 2019

OLD NAMES OF THIS COMPANY

No previous names were found for this company.

OLD CINS OF THIS COMPANY

No previous cins were found for this company.

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INDUSTRY

Trading

KYC INFORMATION as on 01 April, 2016

Company PAN AAECC3074B No. of Employees 1,001 - 5,000

FINANCIAL HIGHLIGHTS Figures in INR as on 31 March, 2019

Revenues 209.47 cr EBITDA -60.50 cr

Profit After Tax -68.59 cr Networth -33.47 cr

AUDITORS as on 02 August, 2020

Auditor Type Signatory Name Year

B S R & Associates LLP Auditor Firm Ravi Kant Thakur 31 March, 2019

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DIRECTORS AND KMP

02 August, 2020

CURRENT DIRECTORS as on 02 August, 2020

Director's name Date of appointment Designation

SANJAY SETHI 17 May, 2013 Director / Professional
BHAVISHYA CHAUHAN 05 September, 2019 Director / Professional
SHIJOON LEE 28 February, 2020 Director
KIL HYOUNG CHOI 18 March, 2020 Director

CURRENT KMP OTHER THAN

as on 02 August, 2020
DIRECTORS

Director's name Date of Designation

appointment
KANCHAN KUKREJA 10 June, 2013 Company Secretary

OTHER DIRECTORSHIPS as on 02 August, 2020

Director's name Company name Designation Date of appointment

PREVIOUS DIRECTORS / KMP as on 02 August, 2020

Director's name Date of Date of cessation Last designation Reason for leaving
appointment
NEERA SUDHIR GHAI Not available 16 Sep 2011 Director Resignation
SUDHIRKUMAR GHAI Not available 17 May 2013 Director Resignation u/s 168
RADHIKA SUDHIR GHAI Not available 21 May 2013 Director Resignation u/s 168
SANDEEP AGGARWAL 15 Sep 2011 03 Sep 2013 Director Resignation u/s 168
Mrinal Chatterjee 15 Jul 2013 07 Mar 2015 Director Resignation u/s 168
Devesh Rai Gadegawalia 03 Sep 2013 20 Mar 2015 Director Resignation u/s 168
RADHIKA SUDHIR GHAI 15 Jul 2013 04 Apr 2016 Director Resignation u/s 168
VISHAL SHARMA 07 Mar 2015 26 Apr 2019 Director Resignation u/s 168
ARUN KUMAR GOEL 26 Apr 2019 03 Jun 2019 Director Resignation u/s 168

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DALJEET BEHL 03 Jun 2019 05 Sep 2019 Additional Director Resignation u/s 168

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FINANCIALS
02 August, 2020

FINANCIAL HIGHLIGHTS Figures in INR Lacs

Particulars 31 March 31 March 31 March 31 March 31 March

2019 2018 2017 2016 2015
Operating Revenue 20,407.88 27,129.66 18,030.18 16,143.51 7,732.23
EBITDA -6,049.98 -20,123.18 -32,718.39 -37,819.81 -9,741.00
Profit/Loss After Tax -6,858.93 -20,814.26 -33,265.63 -38,305.22 -10,137.50
Net Profit/Loss Margin -32.74% -76.16% -176.27% -214.46% -127.95%
Networth -3,347.31 -1,774.28 -4,123.06 -4,145.05 27,552.01
ROE - - - - -36.79%
Days Receivable 4.00 3.00 4.00 42.00 62.00
Days Payable 136.00 145.00 245.00 241.00 144.00
Current Ratio 0.39 0.73 0.84 0.90 6.19
Debt to Equity Ratio -0.78 -0.34 -1.56 -0.94 0.08

STANDALONE BALANCE SHEET

Figures in INR Lacs
(IND-AS)

Particulars 31 March, 2019 31 March, 2018 31 March, 2017

EQUITY AND LIABILITIES
Equity Share Capital 32.78 31.45 28.46
Other Equity -3,380.09 -1,805.73 -4,214.32
Non-Current Liabilities
Financial Liabilities
Borrowings 182.56 607.51 1,879.94
Trade Payables 647.49 441.33 -
Other Financial - - -
Liabilities
Provisions - - -
Deferred Tax Liabilities - - -
Other Liabilities 153.42 169.61 168.58
Current Liabilities
Financial Liabilities

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Borrowings 2,419.48 - -
Trade Payables 7,184.55 10,450.15 12,708.76
Other Financial 2,844.42 3,517.24 4,118.96
Liabilities
Provisions - - -
Current Tax Liabilities - - -
Other Liabilities 657.22 1,026.51 597.57
Liabilities Associated With - - -
Assets In Disposal Group
Regulatory Deferral - - -
Account Credit Balances
Total Equity and 10,741.82 14,438.08 15,287.94
Liabilities
ASSETS
Non-Current Assets
Property, Plant and 314.82 211.42 430.10
Equipment
Capital Work-in-Progress - - -
Investment Property - - -
Goodwill - - -
Intangible Assets 8.91 24.18 65.33
Intangible Assets Under - - -
Development
Financial Assets
Investments - - -
Trade Receivables - - -
Loans - - -
Other Financial Assets 862.09 881.84 128.99
Deferred Tax Assets - 327.86 131.22
Other Assets 4,489.38 1,987.43 29.04
Current Assets
Inventories - - -
Financial Assets
Investments 0.50 2,098.26 3,122.77
Trade Receivables 265.50 280.58 242.58
Cash and Cash 353.39 452.10 1,252.38
Equivalents
Other Bank Balances 17.95 19.95 94.55
Loans - - -
Other Assets 838.01 2,306.38 2,597.17
Current Tax Assets 143.36 196.64 196.64
Other Assets 3,447.91 5,651.46 6,997.19

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Noncurrent Assets Held - - -

For Sale
Regulatory Deferral - - -
Account Debit Balances
Total Assets 10,741.82 14,438.08 15,287.94

STANDALONE BALANCE SHEET Figures in INR Lacs

Particulars 31 March, 2017 31 March, 2016

EQUITY AND LIABILITIES
Shareholders Funds
Share Capital 28.46 23.18
Reserves and Surplus -4,151.52 -4,168.23
Money Received Against - -
Share Warrants
Share Application Money - 3,324.05
Pending Allotment
Non-Current Liabilities
Long Term Borrowings 1,888.87 208.64
Deferred Tax Liabilities - -
Other Long Term 103.33 76.33
Liabilities
Long Term Provisions 168.58 79.72
Current Liabilities
Short Term Borrowings - -
Trade Payables 12,708.76 11,840.79
Other Current Liabilities 4,454.58 3,609.72
Short Term Provisions 48.73 168.85
Total Equity and 15,249.79 15,163.05
Liabilities
ASSETS
Non-Current Assets
Fixed Assets
Tangible Assets 430.10 684.16
Intangible Assets 65.33 22.69
Capital - -
Work-in-Progress
Intangible Assets - -
Under Development
Non-Current Investments - -
Deferred Tax Assets - -

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Long Term Loans and 291.31 356.40

Advances
Other Non-Current 2.00 2.00
Assets
Current Assets
Current Investments 3,080.55 1,490.11
Inventories - -
Trade Receivables 242.58 2,085.08
Cash and Cash 1,346.93 3,218.72
Equivalents
Short Term Loans and 7,189.06 4,516.84
Advances
Other Current Assets 2,601.94 2,787.06
Total Assets 15,249.79 15,163.05

STANDALONE PROFIT AND LOSS

Figures in INR Lacs
(IND-AS)

Particulars 31 March, 2019 31 March, 2018 31 March, 2017

CONTINUING OPERATIONS
Revenue from operations 20,407.88 27,129.66 18,003.40
Other Income 538.75 200.66 707.16
Total Revenue 20,946.63 27,330.32 18,710.56
Cost of Materials - - -
Consumed
Purchases of Stock in - - -
Trade
Changes in Inventory - - -
Employee Benefit 6,612.00 11,112.62 12,080.72
Expenses
Finance Costs 394.13 410.39 52.99
Depreciation and 414.82 280.69 499.95
Amortization
Other Expenses* 20,384.61 36,340.88 40,792.10
Total Expenses 27,805.56 48,144.57 53,425.76
Total Revneue Less -6,858.93 -20,814.26 -34,715.20
Total Expenses
Prior Period and - - -
Exceptional Items
Profit Before Tax -6,858.93 -20,814.26 -34,715.20
Current Tax Expense - - -
Deferred Tax Expense - - -

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Net Movement in - - -
Regulatory Deferral
Account Balances
Profit From Continuing -6,858.93 -20,814.26 -34,715.20
Operations
Profit From Discontinuing - - -
Operations (After Tax)
Net Profit/Loss -6,858.93 -20,814.26 -34,715.20
Other Comprehensive 12.27 59.21 -20.93
Income
Total Comprehensive -6,846.65 -20,755.04 -34,736.13
Income/Loss

STANDALONE PROFIT AND LOSS Figures in INR Lacs

Particulars 31 March, 2017 31 March, 2016

CONTINUING OPERATIONS
Revenue from operations 18,030.18 16,143.51
Other Income 841.40 1,718.11
Total Revenue 18,871.57 17,861.62
Cost of Materials - 20,372.25
Consumed
Purchases of Stock in - -
Trade
Changes in Inventory - -
Employee Benefit 10,734.24 6,180.92
Expenses
Finance Costs 47.28 51.61
Depreciation and 499.95 433.81
Amortization
Other Expenses* 40,855.73 29,128.25
Total Expenses 52,137.20 56,166.84
Total Revneue Less -33,265.63 -38,305.22
Total Expenses
Prior Period and - -
Exceptional Items
Profit Before -33,265.63 -38,305.22
Extraordinary Items
Extraordinary Items - -
Profit Before Tax -33,265.63 -38,305.22
Current Tax Expense - -
Deferred Tax Expense - -

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Profit From Continuing -33,265.63 -38,305.22

Operations
Profit From Discontinuing - -
Operations (After Tax)
Net Profit/Loss -33,265.63 -38,305.22

IMPORTANT RATIOS

Particulars 31 March, 2019 31 March, 2018

Leverage Ratios
Total Debt/Equity Ratio N.A. (equity is negative) N.A. (equity is negative)
Total Assets/Equity Ratio N.A. (equity is negative) N.A. (equity is negative)
Total Debt/Total Assets 0.58 0.37
Ratio
Interest Coverage Ratio -16.40 -49.72
Liquidity ratios
Quick Ratio 0.03 0.17
Current Ratio 0.39 0.73
Performance ratios
Gross Margin 100.00% 100.00%
Net Margin -32.74% -76.16%
Return on Fixed Assets -2118.72% -8834.58%
Return on Equity N.A. (zero total equity) N.A. (zero total equity)
Return on Capital N.A. (net loss) N.A. (net loss)
Employed
Total Asset Turnover 1.95 1.89
Fixed Asset Turnover 63.04 115.15
Days Receivables 4 3
Outstanding
Days of Inventory N.A. N.A.

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COPYRIGHT

Copyright (C) 2016-2018. Prepared, owned and distributed by TWS Systems Pvt Ltd. All Rights Reserved. The
content of this report is protected by applicable copyright laws. Content may not be reproduced, distributed,
modified or framed in any form or by any means, whether electronic, mechanical, photocopying, recording or
otherwise without prior written permission.

DISCLAIMER

The present report is purely a summary of the contents and status of documents examined on an inspection of the
Company's documents available on the official website of the Ministry of Corporate Affairs (www.mca.gov.in) . The
report is not based on any personal judgments or opinion of any individual or professional.

Please note that the content of these documents have not been audited at our end and no representation or
warranty is made regarding accuracy or reliability data/content. The reports are computer generated and although
manual checks and verification has been undertaken but it may still be subject to Programmatic and/or content
errors.

This report is provided for general information only and is without warranty of any kind- express or implied,
including but not limited to warranties of merchantability, fitness for a particular purpose.

TWS Systems Private Limited, its directors, officers or employees or any of their data providers shall not be liable
for any damages (direct, indirect, special or consequential) for whatever cause and disclaim any responsibility on
account of any implications, decisions or actions taken on the basis of some inadvertent mistake in the said report.

Disputes, if any, are subject to courts at Delhi, India.

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