Morethansum Ventures Private Limited
About Morethansum Ventures Private Limited
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Morethansum Ventures Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been dissolved (liquidated) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the personal services segment of the professional services sector. It was incorporated on 31 January 2013.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL2013PTC247747.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was led by directors Chandan Chawla and Baldev Raj Chawla.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at D – 6 Lower Ground Floor (Basement) Hauz Khas, New Delhi, Delhi, India – 110016.
As per the financials filed for FY 2018, the company reported a revenue of ₹3.8 Lakh, a decline of 72% compared to the previous year. For the same year it recorded a net profit of ₹3.09 Lakh (net margin 81.3%) and EBITDA of ₹3.48 Lakh (EBITDA margin 91.4%). Revenue has declined at a compounded annual rate (CAGR) of 48% over three years.
Company details
Contact details
Morethansum Ventures Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD – 6 Lower Ground Floor (Basement) Hauz Khas, New Delhi, Delhi, India – 110016
- IndustryProfessional Services, Personal, Scientific, Technical
To see the full contact details of Morethansum Ventures 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
Financials of Morethansum Ventures Private Limited
FY 2018 filings availableMorethansum Ventures Private Limited reported revenue of ₹3.8 Lakh (down 72% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 48% over three years, including a 72% fall in the latest year. EBITDA rose 143% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹3.48 Lakh | |||
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| Net Profit (PAT) | ₹3.09 Lakh | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
| EBITDA Margin | 91.4% | |||
| Net Profit Margin | 81.3% | |||
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To see the full financial statements and ratios of Morethansum Ventures Private Limited, buy the company report.
Board of directors of Morethansum Ventures Private Limited
Morethansum Ventures has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandan Chawla | Director | 21 Dec 2017 | 8 Years 10 Months | As last reported |
| Baldev Raj Chawla | Director | 31 Jan 2013 | 13 Years 8 Months | As last reported |
Auditor
Morethansum Ventures Private Limited is audited by ABHS & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABHS & Associates | FY 2017 | 024574N |
Shareholding
The shareholding of Morethansum Ventures Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Morethansum Ventures Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Morethansum Ventures 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 Morethansum Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Morethansum Ventures Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Morethansum Ventures Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Kapil Baldev Chawla ceased to be Director on 10 Mar 2019.
Frequently asked questions
Morethansum Ventures has been "Dissolved (Liquidated)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Morethansum Ventures was a private limited company based in New Delhi, Delhi, India. The company worked in personal, within the professional services industry. It was incorporated on 31 January 2013 and is registered under CIN U74140DL2013PTC247747. The company is recorded as dissolved (liquidated) in MCA records and no longer exists as a legal entity.
Morethansum Ventures was incorporated on 31 January 2013. It is registered with the Registrar of Companies, Delhi.
Morethansum Ventures had 2 directors:
- Chandan Chawla - Director
- Baldev Raj Chawla - Director
The CIN (Corporate Identification Number) of Morethansum Ventures is U74140DL2013PTC247747. 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 Morethansum Ventures is at D – 6 Lower Ground Floor Basement Hauz Khas, New Delhi, Delhi, India – 110016.
The latest financial statements of Morethansum Ventures on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
Morethansum Ventures operated in the professional services industry, in the personal segment.
Kapil Baldev Chawla ceased to be Director on 10 Mar 2019. Chandan Chawla ceased to be Additional Director on 28 Sep 2018. Chandan Chawla was appointed as Director on 21 Dec 2017. Morethansum Ventures has 4 board changes on record in total.
Morethansum Ventures can be reached at its registered office: D – 6 Lower Ground Floor Basement Hauz Khas, New Delhi, Delhi, India – 110016.