About Mass IT Channel Private Limited
Data last updated:
Mass IT Channel Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 01 July 2015.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72300DL2015PTC282295. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.54 Lakh. It was led by directors including Akhil Gupta and Sourav Mukerjee.
Its last annual general meeting (AGM) was held on 21 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at B – 1 First Floor 14 Hanif Apartment Satbari Hauz Khass, New Delhi, Delhi, India – 110074.
As per the financials filed for FY 2019, the company reported a revenue of ₹42.73 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹6 Lakh (net margin -14%) and EBITDA of -₹2.76 Lakh (EBITDA margin -6.5%). Revenue has grown at a compounded annual rate (CAGR) of 290% over three years.
The company had about 30 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: SocietyConnect. The company has 7 deals on record (4 funding rounds, 2 secondary share transfers, 1 acquisition), with disclosed funding of ₹2.51 Cr; the latest was in February 2020. Its 10 peer companies in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.) are compared by revenue, 5 larger and 5 smaller; the largest is Codigo Mantra Private Limited with revenue of ₹42.86 Lakh.
The last known website on record is societyconnect.in.
Company details
Contact details
Mass IT Channel Private Limited's registered office is in New Delhi, Delhi. Its website is societyconnect.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 1 First Floor 14 Hanif Apartment Satbari Hauz Khass, New Delhi, Delhi, India – 110074
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Mass IT Channel Private Limited, buy the company report.
- 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
Brands
Mass IT Channel operates one associated brand: SocietyConnect. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Society management platform for bills, complaints, and facilities is provided. | societyconnect.in |
Business activity
The main business activity of Mass IT Channel is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Mass IT Channel Private Limited, buy the company report.
Financials of Mass IT Channel Private Limited
FY 2019 filings availableMass IT Channel Private Limited reported revenue of ₹42.73 Lakh (up 194% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 290% over three years, including 194% growth in the latest year. EBITDA rose 30% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Total Expenses | ||||
| EBITDA | -₹2.76 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹6 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -6.5% | |||
| Net Profit Margin | -14% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Mass IT Channel Private Limited, buy the company report.
Board of directors of Mass IT Channel Private Limited
Mass IT Channel has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akhil Gupta Also directs: Nobroker Technologies Solutions Private Limited | Nominee Director | 15 Feb 2020 | 6 Years 8 Months | As last reported |
| Sourav Mukerjee | Additional Director | 05 Jul 2019 | 7 Years 4 Months | As last reported |
| Amit Kumar Also directs: Nobroker Technologies Solutions Private Limited | Nominee Director | 15 Feb 2020 | 6 Years 8 Months | As last reported |
Peer comparison
Mass IT Channel Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Codigo Mantra Private Limited | ₹42.86 Lakh (FY 2025) | 43.0% | Bathinda, Punjab, India | |||
| Quik Food Tech Private Limited | ₹42.84 Lakh (FY 2020) | Hyderabad, Telangana, India | ||||
| Surebot Technology Solutions Private Limited | ₹42.81 Lakh (FY 2020) | -11.0% | Bangalore, Karnataka, India | |||
| Bizita Technologies Private Limited | ₹42.76 Lakh (FY 2024) | -5.0% | Bangalore, Karnataka, India | |||
| E4s Technologies India Private Limited | ₹42.73 Lakh (FY 2024) | 8.0% | Dindigul, Tamil Nadu, India | |||
| Mass IT Channel Private Limitedthis company | ₹42.73 Lakh (FY 2019) | -₹6 Lakh | -14% | 194.0% | 30 | New Delhi, Delhi, India |
| Ivory Solutions Private Limited | ₹42.69 Lakh (FY 2024) | -44.0% | New Delhi, Delhi, India | |||
| Codunite Private Limited | ₹42.65 Lakh (FY 2025) | 17.0% | Jaipur, Rajasthan, India | |||
| Milek Niran Private Limited | ₹42.64 Lakh (FY 2018) | -21.0% | Puducherry, India | |||
| Pointerlabs Innovation Private Limited | ₹42.63 Lakh (FY 2020) | -70.0% | New Delhi, Delhi, India | |||
| Startmysafari Innovations Private Limited | ₹42.62 Lakh (FY 2024) | -36.0% | Sreemoolanagaram Po, Kerala, India |
To see the full peer comparison of Mass IT Channel Private Limited, buy the company report.
Auditor
Mass IT Channel Private Limited is audited by U SHANKAR & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| U SHANKAR & ASSOCIATES | FY 2016 | 024303N |
Shareholding
The shareholding of Mass IT Channel Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Mass IT Channel Private Limited, buy the company report.
Deals & funding
Mass IT Channel Private Limited has 7 deals on record (4 funding rounds, 2 secondary share transfers, 1 acquisition), with disclosed funding of ₹2.51 Cr; the latest was in February 2020.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2020 | Acquisition | Undisclosed | Buyer: Nobroker Technologies Solutions Private Limited |
| Dec 2018 | Funding round | ₹20 Lakh | Investors: an individual |
| Sep 2018 | Funding round | ₹66 Lakh | Investors: 4 individuals |
| May 2018 | Funding round | ₹1.17 Cr | Investors: 2 individuals |
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
To see the full deal history of Mass IT Channel Private Limited, buy the company report.
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 Mass IT Channel 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 Mass IT Channel Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mass IT Channel Private Limited has a workforce of 30 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Mass IT Channel has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Mass IT Channel Private Limited, buy the company report.
Recent activity
Mass IT Channel Private Limited has 7 board changes on record since 2019: 3 appointments and 4 cessations. The latest: Akhil Gupta was appointed as Nominee Director on 15 Feb 2020.
Frequently asked questions
Mass IT Channel has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Mass IT Channel was a private limited company based in New Delhi, Delhi, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 01 July 2015 and is registered under CIN U72300DL2015PTC282295. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Mass IT Channel was incorporated on 01 July 2015. It is registered with the Registrar of Companies, Delhi.
Mass IT Channel had 3 directors:
- Akhil Gupta - Nominee Director
- Sourav Mukerjee - Additional Director
- Amit Kumar - Nominee Director
The CIN (Corporate Identification Number) of Mass IT Channel is U72300DL2015PTC282295. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Mass IT Channel is at B – 1 First Floor 14 Hanif Apartment Satbari Hauz Khass, New Delhi, Delhi, India – 110074.
Mass IT Channel can be reached through the website societyconnect.in. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Mass IT Channel on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 21 September 2019. Year-wise statements from FY 2016 are in the company report.
No. Mass IT Channel has 2 GST registrations on record and all of them are cancelled or inactive.
Mass IT Channel operated in the information technology industry, in the application development and software solutions segment.
Mass IT Channel has 7 deals on record (4 funding rounds, 2 secondary share transfers, 1 acquisition), with disclosed funding of ₹2.51 Cr; the latest was in February 2020.
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