About Myadvo Techserve Private Limited
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Myadvo Techserve Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the legal process outsourcing segment of the business process outsourcing sector. It was incorporated on 24 September 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72300DL2015PTC285671. Its GSTIN is 06AAKCM0005C1Z7 (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹11.47 Lakh and a paid-up capital of ₹5.81 Lakh. It is led by directors Usha Jain and Kushal Bhagat.
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 D – 763 GF Saraswati Vihar Pitampura, New Delhi, Delhi, India – 110034.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.58 Cr, a growth of 97% compared to the previous year. For the same year it recorded a net loss of ₹7.45 Lakh (net margin -2.1%) and EBITDA of -₹3.1 Lakh (EBITDA margin -0.9%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years and 4% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: MyAdvo. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹13.63 Cr; the latest was in April 2021.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website myadvo.in.
Company details
Contact details
Myadvo Techserve Private Limited's registered office is in New Delhi, Delhi. Its website is myadvo.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressD – 763 GF Saraswati Vihar Pitampura, New Delhi, Delhi, India – 110034
- IndustryBusiness Outsourcing, Legal Process Outsourcing
To see the full contact details of Myadvo Techserve 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
Business activity
The main business activity of Myadvo Techserve 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 Myadvo Techserve Private Limited, buy the company report.
Financials of Myadvo Techserve Private Limited
FY 2024 filings availableMyadvo Techserve Private Limited reported revenue of ₹3.58 Cr (up 97% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 97% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA rose 84% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹3.1 Lakh | ||||
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| Net Profit (PAT) | -₹7.45 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -0.9% | ||||
| Net Profit Margin | -2.1% | ||||
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To see the full financial statements and ratios of Myadvo Techserve Private Limited, buy the company report.
Board of directors of Myadvo Techserve Private Limited
Myadvo Techserve has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Usha Jain | Director | 01 Jul 2020 | 6 Years 3 Months | Current |
| Kushal Bhagat | Director | 24 Sep 2015 | 11 Years 1 Months | Current |
Auditor
Myadvo Techserve Private Limited is audited by MKAK & Company for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MKAK & Company | FY 2022 | 020419N |
Shareholding
The shareholding of Myadvo Techserve Private Limited is on record for 5 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 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Myadvo Techserve Private Limited, buy the company report.
Deals & funding
Myadvo Techserve Private Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹13.63 Cr; the latest was in April 2021.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2021 | Secondary share transfer | Undisclosed | Buyer: Myadvo Esop Trust Seller: an individual |
| Jul 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2018 | Funding round · Pre-Series A | ₹10.41 Cr | Investors: WaterBridge Ventures, Nishkam LLC, 2 individuals |
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Jan 2017 | Funding round · Seed | ₹3.22 Cr | Investors: Nishigandha Trading Private Limited , 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Myadvo Techserve 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 Myadvo Techserve Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Myadvo Techserve Private Limited has a workforce of 9 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Myadvo Techserve has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAKCM0005C1Z7 | Haryana | Active | 28 Dec 2018 |
To see the full GST registrations and return filing status of Myadvo Techserve Private Limited, buy the company report.
Recent activity
Myadvo Techserve Private Limited has 5 board changes on record since 2015: 2 appointments and 3 cessations. The latest: Usha Jain ceased to be Additional Director on 31 Dec 2020.
Frequently asked questions
Myadvo Techserve is an active private limited company based in New Delhi, Delhi, India. The company works in legal process outsourcing, within the business outsourcing industry. It was incorporated on 24 September 2015 (11+ years old) and is registered under CIN U72300DL2015PTC285671.
Myadvo Techserve has 2 current directors:
- Usha Jain - Director
- Kushal Bhagat - Director
The latest financial statements of Myadvo Techserve 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 2016 are in the company report.
The GSTIN of Myadvo Techserve is 06AAKCM0005C1Z7, registered in Haryana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Myadvo Techserve is U72300DL2015PTC285671. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Myadvo Techserve was incorporated on 24 September 2015, making it 11+ years old. It is registered with the Registrar of Companies, Delhi.
Myadvo Techserve has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹13.63 Cr; the latest was in April 2021.
Usha Jain ceased to be Additional Director on 31 Dec 2020. Anil Kumar Bains ceased to be Director on 01 Jul 2020. Usha Jain was appointed as Director on 01 Jul 2020. Myadvo Techserve has 5 board changes on record in total.
Myadvo Techserve can be reached through the website myadvo.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Myadvo Techserve is at D – 763 GF Saraswati Vihar Pitampura, New Delhi, Delhi, India – 110034.