
About Edernity Initiatives Private Limited
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Edernity Initiatives Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 17 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH2017PTC291349. Its GSTIN is 27AAECE5248D1ZS (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Aanchal Arora (Managing Director) and Mihir Mukesh Joshi.
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 Mld Center 3rd Floor Cross Road A Andheri East, Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.92 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹10.81 Lakh (net margin 1%) and EBITDA of ₹18.34 Lakh (EBITDA margin 1.7%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 23% over five years.
The company is associated with 1 brand: 1702 Digital.
Edernity Initiatives Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0056339). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website edernity.com.
Company details
CIN history
Edernity Initiatives has one previous CIN (Corporate Identification Number): U80904MH2017PTC291349. The current CIN is U74110MH2017PTC291349, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH2017PTC291349 | Current |
| U80904MH2017PTC291349 | Previous |
Recognitions & Rankings of Edernity Initiatives
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0056339
Contact details
Edernity Initiatives Private Limited's registered office is in Mumbai, Maharashtra. Its website is edernity.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMld Center 3rd Floor Cross Road A Andheri East, Mumbai, Maharashtra, India – 400093
- IndustryMedia and Publishing, Advertising Agencies & Media Services
To see the full contact details of Edernity Initiatives 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
Edernity Initiatives operates one associated brand: 1702 Digital. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers SEO, social media marketing, and digital strategies for businesses worldwide. | 1702digital.com |
Business activity
The main business activity of Edernity Initiatives is professional, scientific and technical. In detail, this covers advertising and market research.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M6 | Advertising and market research |
To see the full business activity and turnover split of Edernity Initiatives Private Limited, buy the company report.
Financials of Edernity Initiatives Private Limited
FY 2024 filings availableEdernity Initiatives Private Limited reported revenue of ₹10.92 Cr (up 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 19% growth in the latest year. EBITDA rose 213% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹18.34 Lakh | ||||
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| Net Profit (PAT) | ₹10.81 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 1.7% | ||||
| Net Profit Margin | 1% | ||||
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To see the full financial statements and ratios of Edernity Initiatives Private Limited, buy the company report.
Board of directors of Edernity Initiatives Private Limited
Edernity Initiatives has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aanchal Arora Also directs: Valora Network Private Limited | Managing Director | 17 Feb 2017 | 9 Years 8 Months | Current |
| Mihir Mukesh Joshi Also directs: Valora Network Private Limited | Director | 17 Feb 2017 | 9 Years 8 Months | Current |
Peer comparison
Edernity Initiatives Private Limited is compared with the 3 companies closest to it by revenue in the Media and Publishing industry (Advertising Agencies), with the same principal business activity (advertising and market research), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Innovatus Entertainment Networks Limited | ₹10.94 Cr (FY 2023) | 39.0% | Mumbai, Maharashtra, India | |||
| Edernity Initiatives Private Limitedthis company | ₹10.92 Cr (FY 2024) | ₹10.81 Lakh | 1% | 19.0% | Mumbai, Maharashtra, India | |
| Bijan Ads and Films Private Limited | ₹10.89 Cr (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| R.D.Advertising Private Limited | ₹10.88 Cr (FY 2024) | 0.0% | Allahabad, Uttar Pradesh, India |
To see the full peer comparison of Edernity Initiatives Private Limited, buy the company report.
Auditor
Edernity Initiatives Private Limited is audited by A K MANTRI & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A K MANTRI & ASSOCIATES | FY 2021 | 003697C |
Shareholding
The shareholding of Edernity Initiatives Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Edernity Initiatives Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Edernity Initiatives 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 Edernity Initiatives Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Edernity Initiatives Private Limited has 1 active EPFO establishment as of Mar 29, 2024.
GST
Edernity Initiatives has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECE5248D1ZS | Maharashtra | Active | 12 Aug 2017 |
To see the full GST registrations and return filing status of Edernity Initiatives Private Limited, buy the company report.
Recent activity
Edernity Initiatives Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Aanchal Arora was appointed as Managing Director on 17 Feb 2017.
News
Frequently asked questions
Edernity Initiatives is an active private limited company based in Mumbai, Maharashtra, India. The company works in advertising agencies and media services, within the media and publishing industry. It was incorporated on 17 February 2017 (9+ years old) and is registered under CIN U74110MH2017PTC291349.
Edernity Initiatives has 2 current directors:
- Aanchal Arora - Managing Director
- Mihir Mukesh Joshi - Director
The latest financial statements of Edernity Initiatives 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 2017 are in the company report.
The GSTIN of Edernity Initiatives is 27AAECE5248D1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Edernity Initiatives is U74110MH2017PTC291349. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Edernity Initiatives was incorporated on 17 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Edernity Initiatives by revenue are Innovatus Entertainment Networks Limited, Bijan Ads and Films Private Limited, R.D.Advertising Private Limited, all in the Media and Publishing industry (Advertising Agencies), with the same principal business activity (advertising and market research).
Aanchal Arora was appointed as Managing Director on 17 Feb 2017. Mihir Mukesh Joshi was appointed as Director on 17 Feb 2017.
Yes, Edernity Initiatives is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Edernity Initiatives is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0056339).
Edernity Initiatives can be reached through the website edernity.com. Its registered office is in Mumbai, Maharashtra, India.