- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0058798

M and W Associates Private Limited
About M and W Associates Private Limited
Data last updated:
M and W Associates Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the beauty salons and wellness spas segment of the health and wellness sector. It was incorporated on 02 December 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U93090KA2004PTC035154. Its GSTIN is 29AAECM0967B1ZK (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Nandini Jeevaraj Alva and Sonia Vohra.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.517 Rajamahal Vilas Extnbangalore., Karnataka, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.06 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net loss of ₹84.28 Lakh (net margin -16.7%) and EBITDA of -₹73.53 Lakh (EBITDA margin -14.5%).
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹25 Lakh on record. Court records list 9 cases involving the company, including 4 filed by the company and 5 filed against it; 3 cases are pending.
M and W Associates Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0058798). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of M and W Associates
Contact details
M and W Associates Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.517 Rajamahal Vilas Extnbangalore., Karnataka, India
- IndustryHealth and Wellness Services, Beauty Salons & Wellness Spas
To see the full contact details of M and W Associates 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 M and W Associates is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of M and W Associates Private Limited, buy the company report.
Financials of M and W Associates Private Limited
FY 2025 filings availableM and W Associates Private Limited reported revenue of ₹5.06 Cr (up 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 27% in the latest year. EBITDA fell 91% in the latest 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹73.53 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹84.28 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -14.5% | ||||
| Net Profit Margin | -16.7% | ||||
| 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 M and W Associates Private Limited, buy the company report.
Board of directors of M and W Associates Private Limited
M and W Associates has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nandini Jeevaraj Alva Also directs: Swarnim Startup Foundation | Director | 04 Mar 2019 | 7 Years 8 Months | Current |
| Sonia Vohra Also directs: Alvs Ventures LLP | Director | 18 Jan 2021 | 5 Years 9 Months | Current |
| Deva Vohra Also directs: We Are Mad Creative LLP | Director | 19 Dec 2018 | 7 Years 10 Months | Current |
| Priyanka Oberoi Also directs: Oberoi Mega Entertainment LLP, Oberoi Q Infra LLP, Yashodhara Consultive LLP and 2 more | Director | 04 Mar 2019 | 7 Years 8 Months | Current |
Shareholding
The shareholding of M and W Associates Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of M and W Associates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Sep 2005 | 80044664 | United Bank of India | ₹25 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
M and W Associates Private Limited has 9 court cases on record: 4 filed by M and W Associates, 5 filed against it. 3 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 4 | 3 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Appeal | Filed by the company against Official Liquidator United Breweries Holdings Ltd | Pending |
| High Court, KARNATAKA | Appeal | Filed against the company by Official Liquidator of M/S. United Breweries (Holdings) Ltd., (in Liqn) | Disposed |
| High Court of Karnataka | Appeal | Filed against the company by The Official Liquidatory of M/S. United Breweries (Holdings( Limited (in Liquidation) | Pending |
| High Court of Karnataka | Appeal | Filed against the company by Official Liquidator of M/.S United Breweries (Holdings) Limited | Pending |
| High Court of Karnataka | Appeal | Filed by the company against Official Liquidator and 1 other | Disposed |
To see the full case history of M and W Associates 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 M and W Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
M and W Associates Private Limited has a workforce of 4 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
M and W Associates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECM0967B1ZK | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of M and W Associates Private Limited, buy the company report.
Recent activity
M and W Associates Private Limited has 7 board changes on record since 2018: 4 appointments and 3 cessations. The latest: Sonia Vohra was appointed as Director on 18 Jan 2021.
Frequently asked questions
M and W Associates is an active private limited company based in Bangalore, Karnataka, India. The company works in beauty salons and wellness spas, within the health and wellness services industry. It was incorporated on 02 December 2004 (22+ years old) and is registered under CIN U93090KA2004PTC035154.
M and W Associates has 4 current directors:
- Nandini Jeevaraj Alva - Director
- Sonia Vohra - Director
- Deva Vohra - Director
- Priyanka Oberoi - Director
The latest financial statements of M and W Associates on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of M and W Associates is 29AAECM0967B1ZK, registered in Karnataka.
The CIN (Corporate Identification Number) of M and W Associates is U93090KA2004PTC035154. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M and W Associates has 9 court cases on record: 4 filed by the company and 5 filed against it. 3 are pending. Most are in the high courts.
M and W Associates was incorporated on 02 December 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
Sonia Vohra was appointed as Director on 18 Jan 2021. Sonia Vohra ceased to be Director on 24 Aug 2019. Nandini Jeevaraj Alva was appointed as Director on 04 Mar 2019. M and W Associates has 7 board changes on record in total.
Yes, M and W Associates is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0058798).
The registered office of M and W Associates is at No.517 Rajamahal Vilas Extnbangalore., Karnataka, India.

