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Malu Technologies Private Limited - e-commerce in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.09 Cr
▲ 384% YoY
Net loss · FY 2024
₹58.64 Lakh
Net margin -53.7%
EBITDA · FY 2024
-₹81.19 Lakh
EBITDA margin -74.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2.25 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Malu Technologies Private Limited
Data last updated:
Malu Technologies Private Limited is a private limited company based in Nagpur, Maharashtra, India, recognised as a startup by DPIIT. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 24 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52339MH2020PTC350613. Its GSTIN is 27AAOCM0481G1ZB (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.25 Lakh. It is led by directors including James Edward Savarese and Rajkumar Brijmohan Malu.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Nagpur, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.09 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹58.64 Lakh (net margin -53.7%) and EBITDA of -₹81.19 Lakh (EBITDA margin -74.3%).
The company is associated with 1 brand: Frikly. The company has 1 deal on record (1 funding round), with disclosed funding of ₹1.97 Cr; the latest was in June 2022. Its 9 peer companies in the same principal business activity (retail trading) are compared by revenue, 5 larger and 4 smaller; the largest is SK Solar Grid and Infra Private Limited with revenue of ₹1.09 Cr.
For more details, the company can be reached via its website frikly.com.
Company details
CIN U52339MH2020PTC350613
Registration Number 350613
Incorporation Date 24 November 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
Key People
James Edward Savarese Director Rajkumar Brijmohan Malu Director Krishna Brijmohan Malu Director Recognitions & Rankings of Malu Technologies
Contact details
Malu Technologies Private Limited's registered office is in Nagpur, Maharashtra. Its website is frikly.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHouse No.938, Old Mangalwari Ca Road, Nagpur, Maharashtra, India – 440008
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Malu Technologies Private Limited, buy the company report.
Comprehensive company report
Malu Technologies Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Malu Technologies operates one associated brand: Frikly. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Multicategory hardware supplies are retailed via an online platform. | frikly.com |
Business activity
The main business activity of Malu Technologies is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Malu Technologies Private Limited, buy the company report.
Financials of Malu Technologies Private Limited
FY 2024 filings availableMalu Technologies Private Limited reported revenue of ₹1.09 Cr (up 384% YoY) for FY 2024.
Revenue · FY 2024
₹1.09 Cr ▲ 384%
Net loss · FY 2024
₹58.64 Lakh margin -53.7%
EBITDA · FY 2024
-₹81.19 Lakh margin -74.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 384%
EBITDA CAGR growth
1 year
▼ 278%
3 years · compounded
▼ 922%
Revenue rose 384% in the latest year. EBITDA fell 278% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹81.19 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹58.64 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -74.3% | |||
| Net Profit Margin | -53.7% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Malu Technologies Private Limited, buy the company report.
Board of directors of Malu Technologies Private Limited
Malu Technologies has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| James Edward Savarese | Director | 02 Nov 2022 | 4 Years 0 Months | Current |
| Rajkumar Brijmohan Malu | Director | 24 Nov 2020 | 5 Years 11 Months | Current |
| Krishna Brijmohan Malu | Director | 24 Nov 2020 | 5 Years 11 Months | Current |
Peer comparison
Malu Technologies Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SK Solar Grid and Infra Private Limited | ₹1.09 Cr (FY 2025) | -35.0% | Haryana, India | |||
| Four Am Consulting Private Limited | ₹1.09 Cr (FY 2025) | 149.0% | Kota, Rajasthan, India | |||
| Kailrock Infrastructures and Creations Private Limited | ₹1.09 Cr (FY 2017) | 1120.0% | Guwahati, Assam, India | |||
| Krishugo Jewelx Private Limited | ₹1.09 Cr (FY 2025) | 70.0% | Jaipur, Rajasthan, India | |||
| Boxania Innovative Solutions Private Limited | ₹1.09 Cr (FY 2025) | 11.0% | Udaipur, Rajasthan, India | |||
| Malu Technologies Private Limitedthis company | ₹1.09 Cr (FY 2024) | -₹58.64 Lakh | -53.7% | 384.0% | Nagpur, Maharashtra, India | |
| Hydra Form (India) Private Limited | ₹1.09 Cr (FY 2025) | 63.0% | New Delhi, Delhi, India | |||
| Synjergo Technologies Private Limited | ₹1.09 Cr (FY 2022) | 48.0% | Bangalore, Karnataka, India | |||
| Core Team Solutions Private Limited | ₹1.09 Cr (FY 2025) | -9.0% | Kalyan, Maharashtra, India | |||
| Dezel 4U Private Limited | ₹1.09 Cr (FY 2025) | 18.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Malu Technologies Private Limited, buy the company report.
Auditor
Malu Technologies Private Limited is audited by B.S. BANG & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.S. BANG & CO. | FY 2023 | 134208W |
Shareholding
The shareholding of Malu Technologies Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Malu Technologies Private Limited, buy the company report.
Deals & funding
Malu Technologies Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹1.97 Cr; the latest was in June 2022.
Total deals
1
Funding round
1
Disclosed funding
₹1.97 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2022 | Funding round | ₹1.97 Cr | Investors: Velvet Sea Ventures, S K Ventures LLC, 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Malu Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Malu Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Malu Technologies Private Limited has 1 active EPFO establishment as of Mar 29, 2024.
Active EPFO establishments
1
GST
Malu Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAOCM0481G1ZB | Maharashtra | Active | 29 Dec 2020 |
To see the full GST registrations and return filing status of Malu Technologies Private Limited, buy the company report.
Recent activity
Malu Technologies Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: James Edward Savarese ceased to be Additional Director on 29 Sep 2023.
AGM
Malu Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Malu Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
James Edward Savarese ceased to be Additional Director.
Appointed
James Edward Savarese was appointed as Director.
Appointed
Krishna Brijmohan Malu was appointed as Director.
Appointed
Rajkumar Brijmohan Malu was appointed as Director.
Incorporation
24 Nov 2020
Malu Technologies Private Limited was registered on 24 Nov 2020 with Roc Mumbai & aged 5 years 11 months as per MCA records.
Frequently asked questions
Malu Technologies is an active private limited company based in Nagpur, Maharashtra, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 24 November 2020 (6+ years old) and is registered under CIN U52339MH2020PTC350613.
Malu Technologies has 3 current directors:
- James Edward Savarese - Director
- Rajkumar Brijmohan Malu - Director
- Krishna Brijmohan Malu - Director
The latest financial statements of Malu Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Malu Technologies is 27AAOCM0481G1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Malu Technologies is U52339MH2020PTC350613. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Malu Technologies was incorporated on 24 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Malu Technologies has 1 deal on record (1 funding round), with disclosed funding of ₹1.97 Cr; the latest was in June 2022.
The peers of Malu Technologies by revenue are SK Solar Grid and Infra Private Limited, Four Am Consulting Private Limited, Kailrock Infrastructures and Creations Private Limited, Krishugo Jewelx Private Limited, Boxania Innovative Solutions Private Limited and 4 more, all in the same principal business activity (retail trading).
James Edward Savarese ceased to be Additional Director on 29 Sep 2023. James Edward Savarese was appointed as Director on 02 Nov 2022. Krishna Brijmohan Malu was appointed as Director on 24 Nov 2020. Malu Technologies has 4 board changes on record in total.
Yes, Malu Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Malu Technologies can be reached through the website frikly.com. Its registered office is in Nagpur, Maharashtra, India.
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