MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0008076
Microcommerce Business Innovations Private Limited
Microcommerce Business Innovations Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.07 Lakh
▼ 21% YoY
Net loss · FY 2024
₹5.12 Lakh
Net margin -476%
EBITDA · FY 2024
-₹5.03 Lakh
EBITDA margin -468%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
3
As per MCA filings
GST registrations
1
None active
About Microcommerce Business Innovations Private Limited
Data last updated:
Microcommerce Business Innovations Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 30 April 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2015PTC080052. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Pallavi Simha and Nanjundappa Prasad.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.20 15th Main 4th T Block Jayanagar, Bangalore, Karnataka, India – 560041.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.07 Lakh, a decline of 21% compared to the previous year. For the same year it recorded a net loss of ₹5.12 Lakh (net margin -476%) and EBITDA of -₹5.03 Lakh (EBITDA margin -468%). Revenue has declined at a compounded annual rate (CAGR) of 87% over three years and 24% over five years.
The company is associated with 1 brand: Chaturlocal.
Microcommerce Business Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0008076). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U72200KA2015PTC080052
Registration Number 080052
Incorporation Date 30 April 2015
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0008076
Recognitions & Rankings of Microcommerce Business Innovations
Contact details
Microcommerce Business Innovations Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.20 15th Main 4th T Block Jayanagar, Bangalore, Karnataka, India – 560041
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Microcommerce Business Innovations Private Limited, buy the company report.
Comprehensive company report
Microcommerce Business 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Microcommerce Business Innovations operates one associated brand: Chaturlocal. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform for discovering local shops and enrolling businesses efficiently. | chaturlocal.com |
Business activity
The main business activity of Microcommerce Business Innovations is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Microcommerce Business Innovations Private Limited, buy the company report.
Financials of Microcommerce Business Innovations Private Limited
FY 2025 filings availableMicrocommerce Business Innovations Private Limited reported revenue of ₹1.07 Lakh (down 21% YoY) for FY 2024.
Revenue · FY 2024
₹1.07 Lakh ▼ 21%
Net loss · FY 2024
₹5.12 Lakh margin -476%
EBITDA · FY 2024
-₹5.03 Lakh margin -468%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 21%
3 years · compounded
▼ 87%
5 years · compounded
▼ 24%
EBITDA CAGR growth
1 year
▲ 40%
3 years · compounded
▲ 84%
5 years · compounded
▲ 19%
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 21% fall in the latest year. EBITDA rose 40% 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 | FY 2019-20 |
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| EBITDA | -₹5.03 Lakh | ||||
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| Net Profit (PAT) | -₹5.12 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -468% | ||||
| Net Profit Margin | -476% | ||||
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To see the full financial statements and ratios of Microcommerce Business Innovations Private Limited, buy the company report.
Board of directors of Microcommerce Business Innovations Private Limited
Microcommerce Business Innovations has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pallavi Simha Also directs: Connection Technology Systems India Private Limited | Director | 30 Apr 2015 | 11 Years 5 Months | Current |
| Nanjundappa Prasad | Director | 10 Jun 2015 | 11 Years 4 Months | Current |
| Kirti Simha Also directs: Connection Technology Systems India Private Limited | Director | 10 Jun 2015 | 11 Years 4 Months | Current |
Auditor
Microcommerce Business Innovations Private Limited is audited by GUNASHEELA AND ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GUNASHEELA AND ASSOCIATES | FY 2021 | 011931S |
Shareholding
The shareholding of Microcommerce Business Innovations 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 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Microcommerce Business Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Microcommerce Business Innovations 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 Microcommerce Business Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Microcommerce Business Innovations has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Microcommerce Business Innovations Private Limited, buy the company report.
Recent activity
Microcommerce Business Innovations Private Limited has 7 board changes on record since 2015: 4 appointments and 3 cessations. The latest: Neela Prasad ceased to be Director on 05 May 2025.
AGM
Microcommerce Business Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Neela Prasad ceased to be Director.
Filing
Microcommerce Business Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Kirti Simha ceased to be Additional Director.
Ceased
Nanjundappa Prasad ceased to be Additional Director.
Appointed
Kirti Simha was appointed as Director.
Appointed
Nanjundappa Prasad was appointed as Director.
Appointed
Neela Prasad was appointed as Director.
Appointed
Pallavi Simha was appointed as Director.
Incorporation
30 Apr 2015
Microcommerce Business Innovations Private Limited was registered on 30 Apr 2015 with Roc Bangalore & aged 11 years 6 months as per MCA records.
Frequently asked questions
Microcommerce Business Innovations is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 30 April 2015 (11+ years old) and is registered under CIN U72200KA2015PTC080052.
Microcommerce Business Innovations has 3 current directors:
- Pallavi Simha - Director
- Nanjundappa Prasad - Director
- Kirti Simha - Director
The latest financial statements of Microcommerce Business Innovations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
No. Microcommerce Business Innovations has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Microcommerce Business Innovations is U72200KA2015PTC080052. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Microcommerce Business Innovations was incorporated on 30 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Neela Prasad ceased to be Director on 05 May 2025. Kirti Simha ceased to be Additional Director on 19 Aug 2016. Nanjundappa Prasad ceased to be Additional Director on 19 Aug 2016. Microcommerce Business Innovations has 7 board changes on record in total.
Yes, Microcommerce Business Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0008076).
The registered office of Microcommerce Business Innovations is at No.20 15th Main 4th T Block Jayanagar, Bangalore, Karnataka, India – 560041.
Microcommerce Business Innovations operates in the business outsourcing industry, in the business and IT consulting segment.