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Choira Musictech Private Limited
Choira Musictech Private Limited - sports in Nagpur, Maharashtra, India. Directors, charges & compliance details.
Revenue · FY 2024
₹11.27 Lakh
▼ 18% YoY
Net loss · FY 2024
₹77.83 Lakh
Latest filing
EBITDA · FY 2024
-₹73.32 Lakh
Latest filing
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹1.11 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Brands
1
Associated brands
About Choira Musictech Private Limited
Data last updated:
Choira Musictech Private Limited is a private limited company based in Nagpur, Maharashtra, India, recognised as a startup by DPIIT. It operates in the recreational services segment of the sports and recreation sector. It was incorporated on 29 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U92419MH2021PTC368370.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹1.11 Lakh. It is led by directors Varsha Vinod Rangari and Vivarta Rangari.
Its last annual general meeting (AGM) was held on 28 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 21 Gruhalaxmi Society Manavseva Nagar Seminary Hills, Nagpur, Maharashtra, India – 440006.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.27 Lakh, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹77.83 Lakh and EBITDA of -₹73.32 Lakh.
The company is associated with 1 brand: Choira. The company has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹2.19 Cr; the latest was in March 2025. Its 3 peer companies in the Ecommerce and Internet industry (Music), with the same principal business activity (creative, arts and entertainment activities) are compared by revenue, 2 larger and 1 smaller; the largest is Puri Music Private Limited with revenue of ₹12.25 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U92419MH2021PTC368370
Registration Number 368370
Incorporation Date 29 September 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 November 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Choira Musictech
Contact details
Choira Musictech Private Limited's registered office is in Nagpur, Maharashtra.
- Registered Address21 Gruhalaxmi Society Manavseva Nagar Seminary Hills, Nagpur, Maharashtra, India – 440006
- IndustrySports, Recreational, Sports & Events, Spinning & Weaving
Comprehensive company report
Choira Musictech 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 Choira Musictech is arts, entertainment and recreation. In detail, this covers creative, arts and entertainment activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | R1 | Creative, arts and entertainment activities |
To see the full business activity and turnover split of Choira Musictech Private Limited, buy the company report.
Financials of Choira Musictech Private Limited
FY 2025 filings availableChoira Musictech Private Limited reported revenue of ₹11.27 Lakh (down 18% YoY) for FY 2024.
Revenue · FY 2024
₹11.27 Lakh ▼ 18%
Net loss · FY 2024
₹77.83 Lakh
EBITDA · FY 2024
-₹73.32 Lakh
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 18%
EBITDA CAGR growth
1 year
▼ 252%
Revenue fell 18% in the latest year. EBITDA fell 252% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
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| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹73.32 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹77.83 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
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| Fixed Assets | |||
| Investments | |||
| Inventories | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| 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 Choira Musictech Private Limited, buy the company report.
Board of directors of Choira Musictech Private Limited
Choira Musictech has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varsha Vinod Rangari | Director | 29 Sep 2021 | 5 Years 1 Months | Current |
| Vivarta Rangari Also directs: Sphere Music Labs Private Limited | Director | 29 Sep 2021 | 5 Years 1 Months | Current |
Peer comparison
Choira Musictech Private Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Music), with the same principal business activity (creative, arts and entertainment activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Puri Music Private Limited | ₹12.25 Lakh (FY 2019) | 40.0% | Indore, Madhya Pradesh, India | |||
| Cocktail Music Private Limited | ₹11.72 Lakh (FY 2025) | -22.0% | Goniana Mandi, Punjab, India | |||
| Choira Musictech Private Limitedthis company | ₹11.27 Lakh (FY 2024) | -₹77.83 Lakh | -18.0% | Nagpur, Maharashtra, India | ||
| Faaiz Anwar Music Studio Private Limited | ₹11.05 Lakh (FY 2025) | 314.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Choira Musictech Private Limited, buy the company report.
Deals & funding
Choira Musictech Private Limited has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹2.19 Cr; the latest was in March 2025.
Total deals
6
Funding rounds
3
Secondary share transfers
2
Convertible or debt financing
1
Disclosed funding
₹2.19 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Funding round · Series A | ₹39.9 Lakh | Investors: Small Industries Development Bank Of India, IIT Bombay |
| Sep 2024 | Funding round · Series A | ₹44.7 Lakh | Investors: Nikken Housing Co. Limited, IIT Bombay, 2 individuals |
| Sep 2023 | Funding round · Pre-Series A | ₹1.24 Cr | Investors: Nikken Housing Co. Limited, 3 individuals |
| Jul 2023 | Secondary share transfer | Undisclosed | Buyer: IIT Bombay Seller: an individual |
| Aug 2022 | Secondary share transfer | Undisclosed | Buyer: IIT Bombay, an individual Seller: an individual |
To see the full deal history of Choira Musictech 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
No court or tribunal cases involving Choira Musictech 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 Choira Musictech 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 Choira Musictech Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Choira Musictech Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Varsha Vinod Rangari was appointed as Director on 29 Sep 2021.
AGM
Choira Musictech Private Limited last Annual general meeting of members was held on 28 Nov 2025 as per latest MCA records.
Filing
Choira Musictech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Varsha Vinod Rangari was appointed as Director.
Appointed
Vivarta Rangari was appointed as Director.
Incorporation
29 Sep 2021
Choira Musictech Private Limited was registered on 29 Sep 2021 with Roc Mumbai & aged 5 years 1 month as per MCA records.
Frequently asked questions
Choira Musictech is an active private limited company based in Nagpur, Maharashtra, India. The company works in recreational, within the sports industry. It was incorporated on 29 September 2021 (5+ years old) and is registered under CIN U92419MH2021PTC368370.
Choira Musictech has 2 current directors:
- Varsha Vinod Rangari - Director
- Vivarta Rangari - Director
The latest financial statements of Choira Musictech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 November 2025. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Choira Musictech is U92419MH2021PTC368370. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Choira Musictech was incorporated on 29 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Choira Musictech has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹2.19 Cr; the latest was in March 2025.
The peers of Choira Musictech by revenue are Puri Music Private Limited, Cocktail Music Private Limited, Faaiz Anwar Music Studio Private Limited, all in the Ecommerce and Internet industry (Music), with the same principal business activity (creative, arts and entertainment activities).
Varsha Vinod Rangari was appointed as Director on 29 Sep 2021. Vivarta Rangari was appointed as Director on 29 Sep 2021.
Yes, Choira Musictech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Choira Musictech is at 21 Gruhalaxmi Society Manavseva Nagar Seminary Hills, Nagpur, Maharashtra, India – 440006.
Choira Musictech operates in the sports industry, in the recreational segment.
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