Mobilyte India Tech Private Limited

Mobilyte India Tech Private Limited - financial services in Mohali, Punjab, India. Directors, charges & compliance details.
CIN U72200PB2016FTC040002 Incorporated 07 January 2016 ROC Chandigarh HQ Mohali, Punjab, India
Struck Off Foreign Private Limited Company financial services
Data last updated
Revenue · FY 2020
₹71,165
Latest filing
Net loss · FY 2020
₹5.19 Lakh
Latest filing
EBITDA · FY 2020
-₹45,180
EBITDA margin -63.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Employees · EPFO
72
Provident fund records
Directors on board
2
As per MCA filings

About Mobilyte India Tech Private Limited

Data last updated:

Mobilyte India Tech Private Limited was a foreign private limited company based in Mohali, Punjab, India, operated as a subsidiary of Mobilyte Inc Usa. 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 diversified financial services segment of the financial services sector. It was incorporated on 07 January 2016.

The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72200PB2016FTC040002. The company has 2 GST registrations on record, none of which is active.

The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors Dharm Paul Mangla and Santosh Mangla.

Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at E 40 Phase VIII Industrial Focal Point Sas Nagar, Mohali, Punjab, India – 160056.

As per the financials filed for FY 2020, the company reported a revenue of ₹71,165. For the same year it recorded a net loss of ₹5.19 Lakh and EBITDA of -₹45,180 (EBITDA margin -63.5%). Revenue has declined at a compounded annual rate (CAGR) of 92% over three years.

The company had about 72 employees on its provident fund (EPFO) records before it was struck off.

Company details

CIN U72200PB2016FTC040002
Registration Number 040002
Incorporation Date 07 January 2016
ROC Chandigarh
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Parent Company Mobilyte Inc Usa
Compliance Status Active Compliant

Contact details

Mobilyte India Tech Private Limited's registered office is in Mohali, Punjab. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    E 40 Phase VIII Industrial Focal Point Sas Nagar, Mohali, Punjab, India – 160056
  • Industry
    Financial Services, Diversified Financial Services

To see the full contact details of Mobilyte India Tech Private Limited, buy the company report.

Comprehensive company report
Mobilyte India Tech 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 Mobilyte India Tech 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 Mobilyte India Tech Private Limited, buy the company report.

Financials of Mobilyte India Tech Private Limited

FY 2020 filings available

Mobilyte India Tech Private Limited reported revenue of ₹71,165 for FY 2020.

Revenue · FY 2020
₹71,165
Net loss · FY 2020
₹5.19 Lakh
EBITDA · FY 2020
-₹45,180 margin -63.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 92%
EBITDA CAGR growth
1 year
▲ 100%
3 years · compounded
▼ 26%

Revenue has declined at a compounded annual rate (CAGR) of 92% over three years. EBITDA rose 100% 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 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹71,165
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹45,180
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹5.19 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 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin-63.5%
Net Profit Margin
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 Mobilyte India Tech Private Limited, buy the company report.

Board of directors of Mobilyte India Tech Private Limited

Mobilyte India Tech has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Dharm Paul ManglaDirector07 Jan 201610 Years 10 MonthsAs last reported
Santosh ManglaDirector07 Jan 201610 Years 10 MonthsAs last reported

Peer comparison

Mobilyte India Tech Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Definition Networks ( India) Private Limited₹71,690 (FY 2024)Pune, Maharashtra, India
Medirays Infotech Private Limited₹71,300 (FY 2022)Mumbai, Maharashtra, India
Washim Online Limited₹71,298 (FY 2023)Pune, Maharashtra, India
Toweca Labs (OPC) Private Limited₹71,186 (FY 2020)Bangalore, Karnataka, India
Mobilyte India Tech Private Limitedthis company₹71,165 (FY 2020)-₹5.19 Lakh72Mohali, Punjab, India
Aggrim Technologies Private Limited₹71,026 (FY 2017)-74.0%Vellore, Tamil Nadu, India
Infintrix Global Fintech Private Limited₹71,000 (FY 2025)-98.0%Mumbai, Maharashtra, India
Avyzants Technologies Private Limited₹71,000 (FY 2017)Bangalore, Karnataka, India
Meta India Services Private Limited₹70,910 (FY 2016)31.0%Ghaziabad, Uttar Pradesh, India

To see the full peer comparison of Mobilyte India Tech Private Limited, buy the company report.

Auditor

Mobilyte India Tech Private Limited is audited by S K BANSAL & CO for the financial year 2019.

Auditor firmFinancial yearFirm registration number
S K BANSAL & COFY 2019002222N

Shareholding

The shareholding of Mobilyte India Tech Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Mobilyte India Tech Private Limited, buy the company report.

MSME payment delays

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

Employees & EPFO

Mobilyte India Tech Private Limited has a workforce of 72 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
72
Active EPFO establishments
1
Employee growth
-49.65%

GST

Mobilyte India Tech 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 Mobilyte India Tech Private Limited, buy the company report.

Recent activity

Mobilyte India Tech Private Limited has 6 board changes on record since 2016: 2 appointments and 4 cessations. The latest: Ritu Vishal Mangla ceased to be Director on 15 Feb 2020.

AGM
Mobilyte India Tech Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Filing
Mobilyte India Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Chandigarh.
Ceased
Ritu Vishal Mangla ceased to be Director.
Ceased
Vishal Mangla ceased to be Director.
Ceased
Vivek Kumar Singh ceased to be Additional Director.
Ceased
Ashwin Das ceased to be Additional Director.
Appointed
Dharm Paul Mangla was appointed as Director.
Appointed
Santosh Mangla was appointed as Director.
Incorporation
07 Jan 2016
Mobilyte India Tech Private Limited was registered on 07 Jan 2016 with Roc Chandigarh & aged 10 years 10 months as per MCA records.

Frequently asked questions

Mobilyte India Tech 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.

Mobilyte India Tech was a foreign private limited company based in Mohali, Punjab, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 07 January 2016 and is registered under CIN U72200PB2016FTC040002. The company has been struck off by the Registrar of Companies and is no longer operational.

Mobilyte India Tech had 2 directors:

The CIN (Corporate Identification Number) of Mobilyte India Tech is U72200PB2016FTC040002. 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 Mobilyte India Tech is at E 40 Phase VIII Industrial Focal Point Sas Nagar, Mohali, Punjab, India – 160056.

Mobilyte India Tech was incorporated on 07 January 2016. It is registered with the Registrar of Companies, Chandigarh.

The latest financial statements of Mobilyte India Tech on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2016 are in the company report.

No. Mobilyte India Tech has 2 GST registrations on record and all of them are cancelled or inactive.

Mobilyte India Tech operated in the financial services industry, in the diversified financial services segment. It worked in this industry before it was struck off.

The peers of Mobilyte India Tech by revenue are Definition Networks ( India) Private Limited, Medirays Infotech Private Limited, Washim Online Limited, Toweca Labs (OPC) Private Limited, Aggrim Technologies Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).

Ritu Vishal Mangla ceased to be Director on 15 Feb 2020. Vishal Mangla ceased to be Director on 30 Nov 2017. Vivek Kumar Singh ceased to be Additional Director on 01 Sep 2017. Mobilyte India Tech has 6 board changes on record in total.