Maventech Innovations Private Limited

Maventech Innovations Private Limited - automotive in Delhi, India. Directors, charges & compliance details.
CIN U50400DL2018PTC338986 Incorporated 20 September 2018 ROC Delhi HQ Delhi, India
Struck Off Private Limited Company automotive
Data last updated
Revenue · FY 2023
₹2.36 Cr
▲ 216% YoY
Net profit · FY 2023
₹26.21 Lakh
Net margin 11.1%
EBITDA · FY 2023
₹27.02 Lakh
EBITDA margin 11.5%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹23.84 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
4
As per MCA filings
GST registrations
2
None active

About Maventech Innovations Private Limited

Data last updated:

Maventech Innovations Private Limited was a private limited company based in Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the automobile dealership and trading segment of the automotive sector. It was incorporated on 20 September 2018.

The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U50400DL2018PTC338986. The company has 2 GST registrations on record, none of which is active.

The company had an authorised share capital of ₹30 Lakh and a paid-up capital of ₹23.84 Lakh. It was led by directors including Jnaneswar Sen and Geetika Manucha.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at B1/H3 Ground Floor Mathura Road Mohan Co – Operative Ind. Area Near, Delhi, India – 110044.

As per the financials filed for FY 2023, the company reported a revenue of ₹2.36 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹26.21 Lakh (net margin 11.1%) and EBITDA of ₹27.02 Lakh (EBITDA margin 11.5%). Revenue has grown at a compounded annual rate (CAGR) of 454% over three years.

The company has 2 deals on record (2 rights issues); the latest was in December 2020. Its 5 peer companies in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 2 larger and 3 smaller; the largest is Eventures India Private Limited with revenue of ₹2.37 Cr.

The last known website on record is zeromilecars.com.

Company details

CIN U50400DL2018PTC338986
Registration Number 338986
Incorporation Date 20 September 2018
ROC Delhi
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023

Contact details

Maventech Innovations Private Limited's registered office is in Delhi, Delhi. Its website is zeromilecars.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    B1/H3 Ground Floor Mathura Road Mohan Co – Operative Ind. Area Near, Delhi, India – 110044
  • Industry
    Automotive, Auto Dealership & Trading

To see the full contact details of Maventech Innovations Private Limited, buy the company report.

Comprehensive company report
Maventech Innovations 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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Business activity

The main business activity of Maventech Innovations is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Maventech Innovations Private Limited, buy the company report.

Financials of Maventech Innovations Private Limited

FY 2023 filings available

Maventech Innovations Private Limited reported revenue of ₹2.36 Cr (up 216% YoY) for FY 2023.

Revenue · FY 2023
₹2.36 Cr ▲ 216%
Net profit · FY 2023
₹26.21 Lakh margin 11.1%
EBITDA · FY 2023
₹27.02 Lakh margin 11.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 216%
3 years · compounded
▲ 454%
EBITDA CAGR growth
1 year
▲ 483%
3 years · compounded
▲ 61%

Revenue has grown at a compounded annual rate (CAGR) of 454% over three years, including 216% growth in the latest year. EBITDA rose 483% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations₹2.36 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹27.02 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹26.21 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin11.5%
Net Profit Margin11.1%
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 Maventech Innovations Private Limited, buy the company report.

Board of directors of Maventech Innovations Private Limited

Maventech Innovations has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Jnaneswar SenDirector20 Sep 20188 Years 1 MonthsAs last reported
Geetika ManuchaDirector09 Nov 20205 Years 11 MonthsAs last reported
Arvind Kumar SaxenaDirector20 Sep 20188 Years 1 MonthsAs last reported
Saurabh SrivastavaDirector20 Sep 20188 Years 1 MonthsAs last reported

Peer comparison

Maventech Innovations Private Limited is compared with the 5 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Eventures India Private Limited₹2.37 Cr (FY 2025)41.0%Mumbai, Maharashtra, India
BNK Technologies Private Limited₹2.37 Cr (FY 2025)-8.0%Kolkata, West Bengal, India
Maventech Innovations Private Limitedthis company₹2.36 Cr (FY 2023)₹26.21 Lakh11.1%216.0%Delhi, India
Spurqlabs Technologies Private Limited₹2.36 Cr (FY 2025)3.0%Pune, Maharashtra, India
Ornate Informatics Private Limited₹2.35 Cr (FY 2025)37.0%Kolkata, West Bengal, India
Nuraltech Private Limited₹2.35 Cr (FY 2025)78.0%Cannaught Place, Delhi, India

To see the full peer comparison of Maventech Innovations Private Limited, buy the company report.

Auditor

Maventech Innovations Private Limited is audited by PGM & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
PGM & ASSOCIATESFY 2023017333N

Shareholding

The shareholding of Maventech Innovations Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Maventech Innovations Private Limited, buy the company report.

Deals & funding

Maventech Innovations Private Limited has 2 deals on record (2 rights issues); the latest was in December 2020.

Total deals
2
Rights issues
2

Deals on record (2 of 2)

WhenDealAmountParties
Dec 2020Rights issue₹5 LakhInvestors: an individual
Nov 2020Rights issue₹16.5 LakhInvestors: 3 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Maventech Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Maventech Innovations 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.

Total GSTINs
2
Cancelled / inactive
2

To see the full GST registrations and return filing status of Maventech Innovations Private Limited, buy the company report.

Recent activity

Maventech Innovations Private Limited has 5 board changes on record since 2018: 4 appointments and 1 cessation. The latest: Geetika Manucha was appointed as Director on 09 Nov 2020.

AGM
Maventech Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Maventech Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
Appointed
Geetika Manucha was appointed as Director.
Ceased
Fateh Bahadur Singh ceased to be Director.
Appointed
Arvind Kumar Saxena was appointed as Director.
Appointed
Jnaneswar Sen was appointed as Director.
Appointed
Saurabh Srivastava was appointed as Director.
Incorporation
20 Sep 2018
Maventech Innovations Private Limited was registered on 20 Sep 2018 with Roc Delhi & aged 8 years 1 month as per MCA records.

Frequently asked questions

Maventech Innovations has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Maventech Innovations was a private limited company based in Delhi, India. The company worked in auto dealership and trading, within the automotive industry. It was incorporated on 20 September 2018 and is registered under CIN U50400DL2018PTC338986. The company has been struck off by the Registrar of Companies and is no longer operational.

Maventech Innovations had 4 directors:

The CIN (Corporate Identification Number) of Maventech Innovations is U50400DL2018PTC338986. 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 Maventech Innovations is at B1H3 Ground Floor Mathura Road Mohan Co – Operative Ind. Area Near, Delhi, India – 110044.

Maventech Innovations was incorporated on 20 September 2018. It is registered with the Registrar of Companies, Delhi.

Maventech Innovations can be reached through the website zeromilecars.com. Its registered office is in Delhi, India.

The latest financial statements of Maventech Innovations on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.

No. Maventech Innovations has 2 GST registrations on record and all of them are cancelled or inactive.

Maventech Innovations operated in the automotive industry, in the auto dealership and trading segment. It worked in this industry before it was struck off.

Maventech Innovations has 2 deals on record (2 rights issues); the latest was in December 2020.