MVG Advisory LLP - business outsourcing in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
LLPIN AAO-4461 Incorporated 06 March 2019 ROC Bangalore HQ Bengaluru, Karnataka, India
Active Limited Liability Partnership business outsourcing DPIIT Startup
Data last updated
Revenue · FY 2021
₹52.44 Lakh
Latest filing
Net loss · FY 2021
₹16.68 Lakh
Net margin -31.8%
EBITDA · FY 2021
-₹17.31 Lakh
EBITDA margin -33%
Contribution obligation
₹50,000
As per LLP agreement
LLP age
7 yrs
Est. 2019
Designated partners
3
As per MCA filings
Active GSTINs
1
GST registered
Brands
1
Associated brands

About MVG Advisory LLP

Data last updated:

MVG Advisory LLP is a limited liability partnership (LLP) based in Bengaluru, Karnataka, India, recognised as a startup by DPIIT. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 06 March 2019 and has been in existence for over 7 years.

The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAO-4461. Its GSTIN is 29ABLFM0265D1ZA (Karnataka).

The LLP has a total obligation of contribution of ₹50,000. It is led by designated partners including Raveen Sastry Vyakaranam and Bhushan Arun Patil.

Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 568 6th Cross 7th Main Hal 2nd Stage Near Indiranagar Club, Bengaluru, Karnataka, India – 560038.

As per the financials filed for FY 2021, the LLP reported a revenue of ₹52.44 Lakh. For the same year it recorded a net loss of ₹16.68 Lakh (net margin -31.8%) and EBITDA of -₹17.31 Lakh (EBITDA margin -33%).

The LLP is associated with 1 brand: Multiply Ventures.

For more details, the LLP can be reached via its website multiplyventures.com.

Company details

LLPIN AAO-4461
Incorporation Date 06 March 2019
Total Obligation of Contribution ₹50,000
ROC Bangalore
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup

Recognitions & Rankings of MVG Advisory

DPIIT recognised startup Government of India
Startup India

Contact details

MVG Advisory LLP's registered office is in Bengaluru, Karnataka. Its website is multiplyventures.com. Its e-mail address is in the company report.

  • Email
  • Social Media
  • Registered Address
    568 6th Cross 7th Main Hal 2nd Stage Near Indiranagar Club, Bengaluru, Karnataka, India – 560038
  • Industry
    Business Outsourcing, Business & IT Consulting

To see the full contact details of MVG Advisory LLP, buy the company report.

Comprehensive company report
MVG Advisory LLP - one report that includes everything
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  • 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

MVG Advisory operates one associated brand: Multiply Ventures. Each brand links to its own profile.

BrandDescriptionWebsite
Potato farming, grain marketing, and equipment services are conducted in Maine.multiplyventures.com

Financials of MVG Advisory LLP

FY 2025 filings available

MVG Advisory LLP reported revenue of ₹52.44 Lakh for FY 2021.

Revenue · FY 2021
₹52.44 Lakh
Net loss · FY 2021
₹16.68 Lakh margin -31.8%
EBITDA · FY 2021
-₹17.31 Lakh margin -33%

Financial Statement Summary

Statement of Account and SolvencyFY 2020-21FY 2019-20FY 2018-19
Income and Expenditure
Turnover
Other Income
Total Income₹52.44 Lakh
Purchases and Direct Costs
Personnel Expenses
Administrative Expenses
Interest
Depreciation
Total Expenses
Profit Before Tax
Tax
Profit After Tax-₹16.68 Lakh
Profit Transferred to Partners
Assets and Liabilities
Partners' Contribution
Reserves and Surplus
Secured Loans
Unsecured Loans
Trade Payables
Other Liabilities and Provisions
Total Liabilities
Fixed Assets
Investments
Loans and Advances
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

Statement of Account and SolvencyFY 2020-21FY 2019-20FY 2018-19
Profitability
Net Profit Margin-31.8%
Return on Partners' Funds
Return on Assets
Liquidity and Debt
Current Ratio
Debt to Partners' Funds
Interest Coverage
Efficiency and Growth
Asset Turnover
Receivable Days
Turnover Growth
Profit Growth

To see the full financial statements and ratios of MVG Advisory LLP, buy the company report.

Designated partners of MVG Advisory LLP

MVG Advisory has 3 designated partners on record. No former designated partners are listed.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Raveen Sastry VyakaranamDesignated Partner06 Mar 20197 Years 8 MonthsCurrent
Bhushan Arun PatilDesignated Partner21 May 20197 Years 5 MonthsCurrent
Sanjay RamakrishnanDesignated Partner06 Mar 20197 Years 8 MonthsCurrent

MSME payment delays

No delayed payments to MSME suppliers are on our record for MVG Advisory LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

MVG Advisory has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29ABLFM0265D1ZAKarnatakaActive02 May 2019

To see the full GST registrations and return filing status of MVG Advisory LLP, buy the company report.

Recent activity

MVG Advisory LLP has 3 designated partner changes on record since 2019: 3 appointments. The latest: Bhushan Arun Patil was appointed as Designated Partner on 21 May 2019.

AGM
Mvg Advisory Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Mvg Advisory Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Bhushan Arun Patil was appointed as Designated Partner.
Appointed
Raveen Sastry Vyakaranam was appointed as Designated Partner.
Appointed
Sanjay Ramakrishnan was appointed as Designated Partner.
Incorporation
06 Mar 2019
Mvg Advisory Llp was registered on 06 Mar 2019 with Roc Bangalore & aged 7 years 8 months as per MCA records.

Frequently asked questions

MVG Advisory is an active limited liability partnership based in Bengaluru, Karnataka, India. The LLP works in business and IT consulting, within the business outsourcing industry. It was incorporated on 06 March 2019 (7+ years old) and is registered under LLPIN AAO-4461.

MVG Advisory has 3 current designated partners:

The latest financial statements of MVG Advisory on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2019 are in the company report.

The GSTIN of MVG Advisory is 29ABLFM0265D1ZA, registered in Karnataka.

The LLPIN (Limited Liability Partnership Identification Number) of MVG Advisory is AAO-4461. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

MVG Advisory was incorporated on 06 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.

Bhushan Arun Patil was appointed as Designated Partner on 21 May 2019. Raveen Sastry Vyakaranam was appointed as Designated Partner on 06 Mar 2019. Sanjay Ramakrishnan was appointed as Designated Partner on 06 Mar 2019.

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

MVG Advisory can be reached through the website multiplyventures.com. Its registered office is in Bengaluru, Karnataka, India.

The registered office of MVG Advisory is at 568 6th Cross 7th Main Hal 2nd Stage Near Indiranagar Club, Bengaluru, Karnataka, India – 560038.