About Joinmay Mumbai Electronics Private Limited
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Joinmay Mumbai Electronics Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Joinmay Electronic Private Limited. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 17 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC292606. Its GSTIN is 27AADCJ9208K1Z9 (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Wei Zhixin and Han Dongchao.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,658.36 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹62.94 Cr (net margin 3.8%) and EBITDA of ₹102.76 Cr (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 5% over five years.
The company has about 1,712 employees on its provident fund (EPFO) records.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vivoelectronics.com.
Company details
Contact details
Joinmay Mumbai Electronics Private Limited's registered office is in Mumbai, Maharashtra. Its website is vivoelectronics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address604 B – Wing The Qube Cts No.1498 M.V.Road Marol, Andheri(East) Mittal Industrial Estate Marol Andheri East, Mumbai, Maharashtra, India – 400059
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Joinmay Mumbai Electronics 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 activities of Joinmay Mumbai Electronics are wholesale and retail trade; repair of motor vehicles and motorcycles and information and communication. In detail, this covers wholesale trade, except of motor vehicles and motorcycles and computer programming, consultancy and related activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles | |
| J | Information and communication | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Joinmay Mumbai Electronics Private Limited, buy the company report.
Financials of Joinmay Mumbai Electronics Private Limited
FY 2024 filings availableJoinmay Mumbai Electronics Private Limited reported revenue of ₹1,658.36 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 6% growth in the latest year. EBITDA rose 26% 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 | ₹102.76 Cr | ||||
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| Net Profit (PAT) | ₹62.94 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.2% | ||||
| Net Profit Margin | 3.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Joinmay Mumbai Electronics Private Limited, buy the company report.
Board of directors of Joinmay Mumbai Electronics Private Limited
Joinmay Mumbai Electronics has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Wei Zhixin | Director | 17 Mar 2017 | 9 Years 7 Months | Current |
| Han Dongchao Also directs: Joinmay Electronic Private Limited | Director | 17 Mar 2017 | 9 Years 7 Months | Current |
| Ding Zhijie Also directs: Joinmay Electronic Private Limited | Director | 24 Jul 2017 | 9 Years 3 Months | Current |
| Shriram Bachhav Narayan | Director | 14 Oct 2021 | 5 Years 0 Months | Current |
Peer comparison
Joinmay Mumbai Electronics Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trade, except of motor vehicles and motorcycles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Buzz Retail India Private Limited | ₹2,471.28 Cr (FY 2025) | 6.0% | Noida, Uttar Pradesh, India | |||
| Moksh Enterprises Private Limited | ₹2,463.88 Cr (FY 2025) | 75.0% | Bangalore, Karnataka, India | |||
| Delhi State Civil Supplies Corporation Limited | ₹1,999.81 Cr (FY 2025) | 40.0% | New Delhi, Delhi, India | |||
| CG Marketing Private Limited | ₹1,966.92 Cr (FY 2024) | 14.0% | Pune, Maharashtra, India | |||
| Heimerle Refinery Private Limited | ₹1,723.43 Cr (FY 2025) | 400.0% | Gandhinagar, Gujarat, India | |||
| Joinmay Mumbai Electronics Private Limitedthis company | ₹1,658.36 Cr (FY 2025) | ₹62.94 Cr | 3.8% | 6.0% | 1,712 | Mumbai, Maharashtra, India |
| West Bengal Lottery Stockists Syndicate Private Limited | ₹1,202.72 Cr (FY 2025) | 30.0% | Kolkata, West Bengal, India | |||
| Castletown Shelters and Agency Private Limited | ₹1,196.28 Cr (FY 2025) | 5734.0% | Kolkata, West Bengal, India | |||
| Askus Logistics Private Limited | ₹1,190.08 Cr (FY 2025) | -2.0% | Kolkata, West Bengal, India | |||
| Castletown Villas and Enterprises Private Limited | ₹1,113.36 Cr (FY 2025) | 5716.0% | Kolkata, West Bengal, India | |||
| Moat Electronics Private Limited | ₹1,067.81 Cr (FY 2025) | 159.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Joinmay Mumbai Electronics Private Limited, buy the company report.
Auditor
Joinmay Mumbai Electronics Private Limited is audited by JAIN AND JAIN LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN AND JAIN LLP | FY 2024 | 103869W/W100630 |
Shareholding
The shareholding of Joinmay Mumbai Electronics Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Joinmay Mumbai Electronics Private Limited, buy the company report.
Legal cases
Joinmay Mumbai Electronics Private Limited has 2 court cases on record: 1 filed by Joinmay Mumbai Electronics, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss case SS) | Filed against the company by an individual | Disposed |
To see the full case history of Joinmay Mumbai Electronics 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
Joinmay Mumbai Electronics Private Limited has 13 MSME Form 1 returns on record between 2019 and 2023, listing 103 overdue payments to 12 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Entasis Technology Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Joinmay Mumbai Electronics Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Joinmay Mumbai Electronics Private Limited has a workforce of 1,712 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Joinmay Mumbai Electronics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCJ9208K1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Joinmay Mumbai Electronics Private Limited, buy the company report.
Recent activity
Joinmay Mumbai Electronics Private Limited has 6 board changes on record since 2017: 4 appointments and 2 cessations. The latest: Shriram Bachhav Narayan ceased to be Additional Director on 30 Nov 2021.
Frequently asked questions
Joinmay Mumbai Electronics is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 17 March 2017 (9+ years old) and is registered under CIN U74999MH2017PTC292606.
Joinmay Mumbai Electronics has 4 current directors:
- Wei Zhixin - Director
- Han Dongchao - Director
- Ding Zhijie - Director
- Shriram Bachhav Narayan - Director
The latest financial statements of Joinmay Mumbai Electronics 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 Joinmay Mumbai Electronics is 27AADCJ9208K1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Joinmay Mumbai Electronics is U74999MH2017PTC292606. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Joinmay Mumbai Electronics has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
Joinmay Mumbai Electronics was incorporated on 17 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Joinmay Mumbai Electronics by revenue are Buzz Retail India Private Limited, Moksh Enterprises Private Limited, Delhi State Civil Supplies Corporation Limited, CG Marketing Private Limited, Heimerle Refinery Private Limited and 5 more, all in the same principal business activity (wholesale trade, except of motor vehicles and motorcycles).
Shriram Bachhav Narayan ceased to be Additional Director on 30 Nov 2021. Shriram Bachhav Narayan was appointed as Director on 14 Oct 2021. Ding Zhijie ceased to be Additional Director on 18 Dec 2018. Joinmay Mumbai Electronics has 6 board changes on record in total.
Joinmay Mumbai Electronics has 13 MSME Form 1 returns on record between 2019 and 2023, listing 103 overdue payments to 12 micro and small suppliers. The latest return was filed on 08 Dec 2023.
Joinmay Mumbai Electronics can be reached through the website vivoelectronics.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Joinmay Mumbai Electronics is at 604 B – Wing The Qube Cts No.1498 M.V.Road Marol, AndheriEast Mittal Industrial Estate Marol Andheri East, Mumbai, Maharashtra, India – 400059.