Migved Solutions Private Limited

Migved Solutions Private Limited - machinery and equipment in Gandhinagar, Gujarat, India. FY 2026 financials & compliance.
CIN U72900GJ2019PTC107667 Incorporated 16 April 2019 ROC Ahmedabad HQ Gandhinagar, Gujarat, India
Active Private Limited Company machinery and equipment DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2025
₹5.63 Cr
▲ 737% YoY
Net loss · FY 2025
₹59.12 Lakh
Net margin -10.5%
EBITDA · FY 2025
-₹40.07 Lakh
EBITDA margin -7.1%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹27.94 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Migved Solutions Private Limited

Data last updated:

Migved Solutions Private Limited is a private limited company based in Gandhinagar, Gujarat, India, recognised as a startup by DPIIT. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 16 April 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2019PTC107667. Its GSTIN is 24AAMCM6093Q1ZM (Gujarat).

The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹27.94 Lakh. It is led by directors Trusha Arjunkumar Pachani and Arjunkumar Narottambhai Pachani.

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 B – 308 Shaligram Lakeview Opp Balaji Wind Park S.P.Ring Road Nr. Vaishnodevi, Gandhinagar, Gujarat, India – 382470.

As per the financials filed for FY 2025, the company reported a revenue of ₹5.63 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹59.12 Lakh (net margin -10.5%) and EBITDA of -₹40.07 Lakh (EBITDA margin -7.1%).

The company is associated with 1 brand: Migved. The company has 1 deal on record (1 rights issue); the latest was in January 2023.

Migved Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-09-0016763). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website migoo.in.

Company details

CIN U72900GJ2019PTC107667
Registration Number 107667
Incorporation Date 16 April 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-09-0016763

Recognitions & Rankings of Migved Solutions

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-GJ-09-0016763

Contact details

Migved Solutions Private Limited's registered office is in Gandhinagar, Gujarat. Its website is migoo.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    B – 308 Shaligram Lakeview Opp Balaji Wind Park S.P.Ring Road Nr. Vaishnodevi, Gandhinagar, Gujarat, India – 382470
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing

To see the full contact details of Migved Solutions Private Limited, buy the company report.

Comprehensive company report
Migved Solutions 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

Migved Solutions operates one associated brand: Migved. Each brand links to its own profile.

BrandDescriptionWebsite
Delivers comprehensive application development and data analytics services for businesses.migved.com

Business activity

The main business activities of Migved Solutions are financial and insurance service and construction. In detail, this covers other financial activities and buildings. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities
FConstructionF1Buildings

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

Financials of Migved Solutions Private Limited

FY 2024 filings available

Migved Solutions Private Limited reported revenue of ₹5.63 Cr (up 737% YoY) for FY 2025.

Revenue · FY 2025
₹5.63 Cr ▲ 737%
Net loss · FY 2025
₹59.12 Lakh margin -10.5%
EBITDA · FY 2025
-₹40.07 Lakh margin -7.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 737%
EBITDA CAGR growth
1 year
▲ 31%
3 years · compounded
▼ 141%
5 years · compounded
▼ 118%

Revenue rose 737% in the latest year. EBITDA rose 31% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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-₹40.07 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹59.12 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-7.1%
Net Profit Margin-10.5%
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 Migved Solutions Private Limited, buy the company report.

Board of directors of Migved Solutions Private Limited

Migved Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Trusha Arjunkumar PachaniDirector06 Aug 20224 Years 2 MonthsCurrent
Arjunkumar Narottambhai PachaniDirector16 Apr 20197 Years 6 MonthsCurrent

Auditor

Migved Solutions Private Limited is audited by K A R M A & CO. LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
K A R M A & CO. LLPFY 2023127544W/W100376

Shareholding

The shareholding of Migved Solutions Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

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

To see the full shareholding pattern of Migved Solutions Private Limited, buy the company report.

Deals & funding

Migved Solutions Private Limited has 1 deal on record (1 rights issue); the latest was in January 2023.

Total deals
1
Rights issue
1

Deals on record (1 of 1)

WhenDealAmountParties
Jan 2023Rights issue₹24 LakhInvestors: 2 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 Migved Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Migved Solutions Private Limited has 1 active EPFO establishment as of Apr 10, 2024.

Active EPFO establishments
1

GST

Migved Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAMCM6093Q1ZMGujaratActive28 Jun 2019

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

Recent activity

Migved Solutions Private Limited has 5 board changes on record since 2019: 2 appointments and 3 cessations. The latest: Trusha Arjunkumar Pachani ceased to be Additional Director on 30 Sep 2022.

AGM
Migved Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Migved Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Trusha Arjunkumar Pachani ceased to be Additional Director.
Appointed
Trusha Arjunkumar Pachani was appointed as Director.
Ceased
Sweetu Girishbhai Raythaththa ceased to be Additional Director.
Ceased
Dhavalkumar Jaysukhbhai Kotecha ceased to be Director.
Appointed
Arjunkumar Narottambhai Pachani was appointed as Director.
Incorporation
16 Apr 2019
Migved Solutions Private Limited was registered on 16 Apr 2019 with Roc Ahmedabad & aged 7 years 6 months as per MCA records.

Frequently asked questions

Migved Solutions is an active private limited company based in Gandhinagar, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 16 April 2019 (7+ years old) and is registered under CIN U72900GJ2019PTC107667.

Migved Solutions has 2 current directors:

The latest financial statements of Migved Solutions 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 2020 are in the company report.

The GSTIN of Migved Solutions is 24AAMCM6093Q1ZM, registered in Gujarat.

The CIN (Corporate Identification Number) of Migved Solutions is U72900GJ2019PTC107667. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Migved Solutions was incorporated on 16 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Migved Solutions has 1 deal on record (1 rights issue); the latest was in January 2023.

Trusha Arjunkumar Pachani ceased to be Additional Director on 30 Sep 2022. Trusha Arjunkumar Pachani was appointed as Director on 06 Aug 2022. Sweetu Girishbhai Raythaththa ceased to be Additional Director on 30 Nov 2021. Migved Solutions has 5 board changes on record in total.

Yes, Migved Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Migved Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-09-0016763).