Mvikas Technologies Private Limited

Mvikas Technologies Private Limited - e-commerce in Delhi, India. FY 2026 financials & compliance.
CIN U74999DL2019PTC358822 Incorporated 16 December 2019 ROC Delhi HQ Delhi, India
Active Private Limited Company e-commerce MSME · Small
Data last updated
Revenue · FY 2024
₹55.34 Cr
▲ 124% YoY
Net profit · FY 2024
₹10.9 Lakh
Net margin 0.2%
EBITDA · FY 2024
₹16.16 Lakh
EBITDA margin 0.3%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹1.43 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
29
Provident fund records
Directors on board
5
As per MCA filings

About Mvikas Technologies Private Limited

Data last updated:

Mvikas Technologies Private Limited is a private limited company based in Delhi, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 16 December 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2019PTC358822. Its GSTIN is 07AANCM1591L1ZY (Delhi). The company holds 26 GST registrations, of which 24 are active.

The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.43 Lakh. It is led by directors including Abhinav Kumar (Managing Director) and Ram Bhushan.

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 13th Floor Plot No.A – 5, Pearls Best Heights – I Netaji Subhash Place Pitam Pura, Delhi, India – 110034.

As per the financials filed for FY 2024, the company reported a revenue of ₹55.34 Cr, a growth of 124% compared to the previous year. For the same year it recorded a net profit of ₹10.9 Lakh (net margin 0.2%) and EBITDA of ₹16.16 Lakh (EBITDA margin 0.3%).

The company has about 29 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Mvikas. Court records list 12 cases involving the company, including 7 filed by the company and 5 filed against it; 8 cases are pending. The company has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹17.4 Lakh; the latest was in April 2022. Its 3 peer companies in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (retail trading) are compared by revenue, 2 larger and 1 smaller; the largest is Empower Tradex Private Limited with revenue of ₹60.99 Cr.

Mvikas Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-06-0029632). For more details, the company can be reached via its website mvikas.in.

Company details

CIN U74999DL2019PTC358822
Registration Number 358822
Incorporation Date 16 December 2019
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Small
Udyam Registration UDYAM-DL-06-0029632

Recognitions & Rankings of Mvikas Technologies

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-DL-06-0029632

Contact details

Mvikas Technologies Private Limited's registered office is in Delhi, Delhi. Its website is mvikas.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    13th Floor Plot No.A – 5, Pearls Best Heights – I Netaji Subhash Place Pitam Pura, Delhi, India – 110034
  • Industry
    E-Commerce, General E-Commerce Platforms

To see the full contact details of Mvikas Technologies Private Limited, buy the company report.

Comprehensive company report
Mvikas Technologies 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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Brands

Mvikas Technologies operates one associated brand: MVIKAS. Each brand links to its own profile.

BrandDescriptionWebsite
Online B2B marketplace offering industrial goods for businessmvikas.in

Business activity

The main business activities of Mvikas Technologies are trade and information and communication. In detail, this covers retail trading and other information & communication service activities. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Mvikas Technologies Private Limited, buy the company report.

Financials of Mvikas Technologies Private Limited

FY 2024 filings available

Mvikas Technologies Private Limited reported revenue of ₹55.34 Cr (up 124% YoY) for FY 2024.

Revenue · FY 2024
₹55.34 Cr ▲ 124%
Net profit · FY 2024
₹10.9 Lakh margin 0.2%
EBITDA · FY 2024
₹16.16 Lakh margin 0.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 124%
EBITDA CAGR growth
1 year
▲ 123%
3 years · compounded
▲ 67%

Revenue rose 124% in the latest year. EBITDA rose 123% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹16.16 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹10.9 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin0.3%
Net Profit Margin0.2%
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 Mvikas Technologies Private Limited, buy the company report.

Board of directors of Mvikas Technologies Private Limited

Mvikas Technologies has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Abhinav KumarManaging Director17 Aug 20215 Years 2 MonthsCurrent
Gunjan Kumar SinghAdditional Director01 Dec 20250 Years 10 MonthsCurrent
Ram BhushanDirector25 Nov 20241 Years 11 MonthsCurrent
Rajat KumarAdditional Director27 Nov 20250 Years 11 MonthsCurrent
Richa JainAdditional Director27 Oct 20251 Years 0 MonthsCurrent

Peer comparison

Mvikas Technologies Private Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (retail trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Empower Tradex Private Limited₹60.99 Cr (FY 2025)75.0%Mumbai, Maharashtra, India
Zeitgeist Retail Private Limited₹55.46 Cr (FY 2025)8.0%Bangalore, Karnataka, India
Mvikas Technologies Private Limitedthis company₹55.34 Cr (FY 2024)₹10.9 Lakh0.2%124.0%29Delhi, India
Reliance Rahul Mishra Fashion Private Limited₹52.3 Cr (FY 2025)80.0%Mumbai, Maharashtra, India

To see the full peer comparison of Mvikas Technologies Private Limited, buy the company report.

Auditor

Mvikas Technologies Private Limited is audited by RAHUL CHAWLA & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
RAHUL CHAWLA & CO.FY 2023544902

Shareholding

The shareholding of Mvikas Technologies Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Mvikas Technologies Private Limited, buy the company report.

Deals & funding

Mvikas Technologies Private Limited has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹17.4 Lakh; the latest was in April 2022.

Total deals
3
Rights issue
1
Funding round
1
Secondary share transfer
1
Disclosed funding
₹17.4 Lakh

Deals on record (3 of 3)

WhenDealAmountParties
Apr 2022Funding round₹17.4 LakhInvestors: 4 individuals
Mar 2022Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Jan 2022Rights issue₹30,000Investors: 4 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Mvikas Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Mvikas Technologies Private Limited has a workforce of 29 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
29
Active EPFO establishments
1
Employee growth
7.41%

GST

Mvikas Technologies has 26 GST registrations: 24 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
26
Active
24
Cancelled / inactive
2
GSTINStateStatusRegistered on
07AANCM1591L1ZYDelhiActive13 Jan 2020
07AANCM1591L1C9DelhiActive22 Aug 2021
07AANCM1591L1D7DelhiActive30 Jan 2025
07AANCM1591L2ZXDelhiActive01 May 2025

To see the full GST registrations and return filing status of Mvikas Technologies Private Limited, buy the company report.

Recent activity

Mvikas Technologies Private Limited has 11 board changes on record since 2021: 5 appointments and 6 cessations. The latest: Gunjan Kumar Singh was appointed as Additional Director on 01 Dec 2025.

Appointed
Gunjan Kumar Singh was appointed as Additional Director.
Appointed
Rajat Kumar was appointed as Additional Director.
Ceased
Richa Jain ceased to be Additional Director.
Appointed
Richa Jain was appointed as Additional Director.
Ceased
Ram Bhushan ceased to be Additional Director.
Appointed
Ram Bhushan was appointed as Director.
AGM
Mvikas Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Gunjan Kumar Singh ceased to be Additional Director.
Ceased
Abhinav Kumar ceased to be Director.
Ceased
Sunil Kumar ceased to be Director.
Filing
Mvikas Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Ceased
Manasi Arora ceased to be Director.

2 earlier events are in the company report.

Frequently asked questions

Mvikas Technologies is an active private limited company based in Delhi, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 16 December 2019 (7+ years old) and is registered under CIN U74999DL2019PTC358822.

Mvikas Technologies has 5 current directors:

The latest financial statements of Mvikas Technologies 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 2020 are in the company report.

The GSTIN of Mvikas Technologies is 07AANCM1591L1ZY, registered in Delhi. The company has 26 GST registrations in all, of which 24 are active and 2 are cancelled or inactive. Other active GSTINs include 07AANCM1591L1C9 (Delhi), 07AANCM1591L1D7 (Delhi), 07AANCM1591L2ZX (Delhi).

The CIN (Corporate Identification Number) of Mvikas Technologies is U74999DL2019PTC358822. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mvikas Technologies has 12 court cases on record: 7 filed by the company and 5 filed against it. 8 are pending. Most are in the district courts.

Mvikas Technologies was incorporated on 16 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.

Mvikas Technologies has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹17.4 Lakh; the latest was in April 2022.

The peers of Mvikas Technologies by revenue are Empower Tradex Private Limited, Zeitgeist Retail Private Limited, Reliance Rahul Mishra Fashion Private Limited, all in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (retail trading).

Gunjan Kumar Singh was appointed as Additional Director on 01 Dec 2025. Rajat Kumar was appointed as Additional Director on 27 Nov 2025. Richa Jain ceased to be Additional Director on 24 Nov 2025. Mvikas Technologies has 11 board changes on record in total.

Yes, Mvikas Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-DL-06-0029632).