- Category
- Medium (2020-21)
- Udyam number
- UDYAM-MH-19-0012552

About Bajaao Music Private Limited
Data last updated:
Bajaao Music Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 02 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2011PTC216943. Its GSTIN is 27AAECB5401B1ZC (Maharashtra). The company holds 9 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹10.19 Cr. It is led by directors including Akram Ahmad Shah Sanaullah and Nikhil Dilip Utekar.
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 Ground Floor High Tech Plaza Mahakali Caves Road Andheri East, Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2025, the company reported a revenue of ₹58.01 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net loss of ₹2.76 Cr (net margin -4.8%) and EBITDA of -₹1.29 Cr (EBITDA margin -2.2%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.
The company has about 56 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bajaao. As per MCA filings, the company has open charges of ₹4.8 Cr and satisfied charges of ₹10.8 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 14 deals on record (7 secondary share transfers, 6 funding rounds, 1 rights issue), with disclosed funding of ₹46.4 Cr; the latest was in June 2021.
Bajaao Music Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0012552). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bajaao.com.
Company details
Recognitions & Rankings of Bajaao Music
Contact details
Bajaao Music Private Limited's registered office is in Mumbai, Maharashtra. Its website is bajaao.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGround Floor High Tech Plaza Mahakali Caves Road Andheri East, Mumbai, Maharashtra, India – 400093
- IndustryFinancial Services, Equipment Leasing & Financing
To see the full contact details of Bajaao Music 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
Brands
Bajaao Music operates one associated brand: Bajaao. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Musical instruments and accessories are retailed online by Bajaao. | bajaao.com |
Business activity
The main business activity of Bajaao Music is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Bajaao Music Private Limited, buy the company report.
Financials of Bajaao Music Private Limited
FY 2024 filings availableBajaao Music Private Limited reported revenue of ₹58.01 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 15% growth in the latest year. EBITDA rose 3% 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 | -₹1.29 Cr | ||||
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| Net Profit (PAT) | -₹2.76 Cr | ||||
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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 | -2.2% | ||||
| Net Profit Margin | -4.8% | ||||
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To see the full financial statements and ratios of Bajaao Music Private Limited, buy the company report.
Board of directors of Bajaao Music Private Limited
Bajaao Music has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akram Ahmad Shah Sanaullah | Director | 09 May 2014 | 12 Years 6 Months | Current |
| Nikhil Dilip Utekar | Director | 08 Aug 2022 | 4 Years 3 Months | Current |
| Jayakanthan Srinivasan Also directs: Ultimate Guru Music Private Limited | Director | 09 May 2014 | 12 Years 6 Months | Current |
| Mukesh Amarnath Bhargava | Nominee Director | 07 Aug 2018 | 8 Years 3 Months | Current |
| Reeta Singh | Director | 08 Sep 2014 | 12 Years 2 Months | Current |
Auditor
Bajaao Music Private Limited is audited by V K JHA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V K JHA & ASSOCIATES | FY 2023 | 150936W |
Shareholding
The shareholding of Bajaao Music Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bajaao Music Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2021 | 100522739 | Others | ₹4.8 Cr | Satisfied | |
| 14 Sep 2018 | 100206381 | Others | ₹6 Cr | Satisfied |
To see the full charge records of Bajaao Music Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Bajaao Music Private Limited has 14 deals on record (7 secondary share transfers, 6 funding rounds, 1 rights issue), with disclosed funding of ₹46.4 Cr; the latest was in June 2021.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2021 | Secondary share transfer | Undisclosed | Buyer: Ultimate Guru Music Private Limited , 2 individuals Seller: Success Merchants Private Limited , JMD Ventures Limited , an individual |
| Apr 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: JMD Ventures Limited |
| Feb 2021 | Secondary share transfer | Undisclosed | Buyer: Ultimate Guru Music Private Limited Seller: an individual |
| Aug 2018 | Funding round | ₹7.1 Cr | Investors: Ultimate Guru Music Private Limited , Music Distribution Company |
| Jun 2017 | Funding round | ₹11.56 Cr | Investors: Ultimate Guru Music Private Limited , 3 individuals |
To see the full deal history of Bajaao Music Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bajaao Music Private Limited has 1 court case on record: 1 filed by Bajaao Music. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (CARAP) | Filed by the company against an individual | Disposed |
To see the full case history of Bajaao Music Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bajaao Music Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bajaao Music Private Limited has a workforce of 56 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 56 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Bajaao Music Private Limited, buy the company report.
GST
Bajaao Music has 9 GST registrations: 8 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECB5401B1ZC | Maharashtra | Active | 01 Jul 2017 |
| 06AAECB5401B1ZG | Haryana | Active | 01 Apr 2019 |
| 29AAECB5401B1Z8 | Karnataka | Active | 01 Apr 2019 |
| 19AAECB5401B1Z9 | West Bengal | Active | 23 May 2019 |
To see the full GST registrations and return filing status of Bajaao Music Private Limited, buy the company report.
Recent activity
Bajaao Music Private Limited has 10 board changes on record since 2012: 5 appointments and 5 cessations. The latest: Nikhil Dilip Utekar ceased to be Additional Director on 30 Sep 2022.
5 earlier events are in the company report.
Frequently asked questions
Bajaao Music is an active private limited company based in Mumbai, Maharashtra, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 02 May 2011 (15+ years old) and is registered under CIN U74900MH2011PTC216943.
Bajaao Music has 5 current directors:
- Akram Ahmad Shah Sanaullah - Director
- Nikhil Dilip Utekar - Director
- Jayakanthan Srinivasan - Director
- Mukesh Amarnath Bhargava - Nominee Director
- Reeta Singh - Director
The latest financial statements of Bajaao Music 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 2015 are in the company report.
The GSTIN of Bajaao Music is 27AAECB5401B1ZC, registered in Maharashtra. The company has 9 GST registrations in all, of which 8 are active and 1 is cancelled or inactive. Other active GSTINs include 06AAECB5401B1ZG (Haryana), 29AAECB5401B1Z8 (Karnataka), 19AAECB5401B1Z9 (West Bengal).
The CIN (Corporate Identification Number) of Bajaao Music is U74900MH2011PTC216943. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bajaao Music has 1 court case on record: 1 filed by the company.
Bajaao Music was incorporated on 02 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Bajaao Music has 14 deals on record (7 secondary share transfers, 6 funding rounds, 1 rights issue), with disclosed funding of ₹46.4 Cr; the latest was in June 2021.
Nikhil Dilip Utekar ceased to be Additional Director on 30 Sep 2022. Nikhil Dilip Utekar was appointed as Director on 08 Aug 2022. Ashutosh M Pande ceased to be Director on 16 May 2022. Bajaao Music has 10 board changes on record in total.
Yes, Bajaao Music is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0012552).

