About Mbaf Services Private Limited
Data last updated:
Mbaf Services Private Limited is a foreign private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Mbaf Tax Services Llc, Usa. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 07 October 2005.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74120GJ2005FTC046884. Its GSTIN is 24AAECM4529P1Z3 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Mbaf Tax Services Private Limited. It is led by directors including Arun Gupta (Irp/Rp/Liquidator) and Vishnukumar Satyanarayan Patwari.
Its last annual general meeting (AGM) was held on 27 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 704 – 708 Shapath – V Opp. Karnavati Club S.G. Highway Vejalpur, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2022, the company reported a revenue of ₹14.56 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹1.97 Cr (net margin 13.6%) and EBITDA of ₹2.8 Cr (EBITDA margin 19.2%). Revenue has grown at a compounded annual rate (CAGR) of 8% over five years.
The company has about 72 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: MBAF.
The last known website on record is mbafcpa.com.
Company details
CIN history
Mbaf Services has one previous CIN (Corporate Identification Number): U74120GJ2005PTC046884. The current CIN is U74120GJ2005FTC046884, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74120GJ2005FTC046884 | Current |
| U74120GJ2005PTC046884 | Previous |
Contact details
Mbaf Services Private Limited's registered office is in Ahmedabad, Gujarat. Its website is mbafcpa.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address704 – 708 Shapath – V Opp. Karnavati Club S.G. Highway Vejalpur, Ahmedabad, Gujarat, India – 380015
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Mbaf Services 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
Mbaf Services operates one associated brand: MBAF. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Fresh meats and traditional cured products are produced by MBAF. | mbafcpa.com |
Business activity
The main business activity of Mbaf Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Mbaf Services Private Limited, buy the company report.
Financials of Mbaf Services Private Limited
FY 2022 filings availableMbaf Services Private Limited reported revenue of ₹14.56 Cr (down 24% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 24% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 35% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Total Revenue | ₹14.56 Cr | ||||
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| EBITDA | ₹2.8 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹1.97 Cr | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.2% | ||||
| Net Profit Margin | 13.6% | ||||
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To see the full financial statements and ratios of Mbaf Services Private Limited, buy the company report.
Board of directors of Mbaf Services Private Limited
Mbaf Services has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Gupta | Irp/Rp/Liquidator | 12 Apr 2023 | 3 Years 6 Months | As last reported |
| Vishnukumar Satyanarayan Patwari Also directs: Bdo Rise Private Limited, Bdo Edge India Private Limited | Director | 26 Apr 2021 | 5 Years 5 Months | As last reported |
| Lynn Gary Calhoun | Director | 26 Apr 2021 | 5 Years 5 Months | As last reported |
| Jayesh Prahladbhai Patel Also directs: Abhi Securities Pvt Ltd, Next Generation Info-Tech (India) Private Limited, Next Generation Infonet Private Limited and 4 more | Director | 07 Oct 2005 | 21 Years 0 Months | As last reported |
Auditor
Mbaf Services Private Limited is audited by ASHOK MAHESHWARY & ASSOCIATES LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHOK MAHESHWARY & ASSOCIATES LLP | FY 2021 | 003446N |
Shareholding
The shareholding of Mbaf Services Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Mbaf Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mbaf Services 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 Mbaf Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mbaf Services Private Limited has a workforce of 72 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Mbaf Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECM4529P1Z3 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mbaf Services Private Limited, buy the company report.
Recent activity
Mbaf Services Private Limited has 10 board changes on record since 2005: 4 appointments and 6 cessations. The latest: Arun Gupta was appointed as Irp/Rp/Liquidator on 12 Apr 2023.
1 earlier event is in the company report.
Frequently asked questions
Mbaf Services is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Mbaf Services is a company under liquidation, formerly operating as a foreign private limited company based in Ahmedabad, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 07 October 2005 and is registered under CIN U74120GJ2005FTC046884. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Mbaf Services has 4 current directors:
- Vishnukumar Satyanarayan Patwari - Director
- Lynn Gary Calhoun - Director
- Jayesh Prahladbhai Patel - Director
- Arun Gupta - Irp/Rp/Liquidator
The latest financial statements of Mbaf Services on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 27 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Mbaf Services is U74120GJ2005FTC046884. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mbaf Services was incorporated on 07 October 2005. It is registered with the Registrar of Companies, Ahmedabad.
Arun Gupta was appointed as Irp/Rp/Liquidator on 12 Apr 2023. Lynn Gary Calhoun ceased to be Additional Director on 19 Nov 2021. Stephanie Lyn Giammarco ceased to be Additional Director on 19 Nov 2021. Mbaf Services has 10 board changes on record in total.
Mbaf Services can be reached through the website mbafcpa.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Mbaf Services is at 704 – 708 Shapath – V Opp. Karnavati Club S.G. Highway Vejalpur, Ahmedabad, Gujarat, India – 380015.
The GSTIN of Mbaf Services is 24AAECM4529P1Z3, registered in Gujarat.