M2mit Digital Private Limited

M2mit Digital Private Limited - information technology in Thane, Maharashtra, India. FY 2026 financials & compliance.
CIN U72900MH2019PTC329728 Incorporated 26 August 2019 ROC Mumbai HQ Thane, Maharashtra, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2021
₹34.5 Lakh
Latest filing
Net loss · FY 2021
₹51.14 Lakh
Net margin -148.2%
EBITDA · FY 2021
-₹51 Lakh
EBITDA margin -147.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About M2mit Digital Private Limited

Data last updated:

M2mit Digital Private Limited is a private limited company based in Thane, Maharashtra, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 26 August 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2019PTC329728. Its GSTIN is 27AAMCM8997M1Z7 (Maharashtra).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Deepali Samir Sawant and Samir Shashikant Sawant.

Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at B No – 11 – C 601 Mirchandani Garden At Suncity 100Ft R Vasai Road W, Thane, Maharashtra, India – 401202.

As per the financials filed for FY 2021, the company reported a revenue of ₹34.5 Lakh. For the same year it recorded a net loss of ₹51.14 Lakh (net margin -148.2%) and EBITDA of -₹51 Lakh (EBITDA margin -147.8%).

The company is associated with 1 brand: M2MIT. Court records list 3 cases involving the company, including 3 filed against it; 3 cases are pending.

For more details, the company can be reached via its website m2mitdigital.com.

Company Details of M2mit Digital Private Limited
CIN U72900MH2019PTC329728
Registration Number 329728
Incorporation Date 26 August 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    B No – 11 – C 601 Mirchandani Garden At Suncity 100Ft R Vasai Road W, Thane, Maharashtra, India – 401202
  • Industry
    Information Technology, IT Consulting & Support Services
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Financials, compliance, directors, charges, ownership and filings for M2mit Digital Private Limited in one report.

Financials from FY 2020 Directors & ownership Charges & compliance

Business Activity of M2mit Digital Private Limited

The main business activity of M2mit Digital is information and communication. In detail, this covers broadcasting and programming activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ4Broadcasting and programming activitiesLocked
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Turnover share and past changes in activity are in the company report.

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Financials of M2mit Digital Private Limited FY 2021 filings available

M2mit Digital Private Limited reported revenue of ₹34.5 Lakh for FY 2021.

Revenue · FY 2021
₹34.5 Lakh
Net loss · FY 2021
₹51.14 Lakh margin -148.2%
EBITDA · FY 2021
-₹51 Lakh margin -147.8%

Financial Statement Summary of M2mit Digital Private Limited

MetricsFY 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-₹51 Lakh••••
Profit Before Tax••••••••
Tax Expense••••••••
Net Profit (PAT)-₹51.14 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 of M2mit Digital Private Limited

MetricsFY 2020-21FY 2019-20
Profitability
EBITDA Margin-147.8%••••
Net Profit Margin-148.2%••••
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••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of M2mit Digital are in the company report.

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Financial statements from FY 2020

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Auditor Details of M2mit Digital Private Limited

M2mit Digital Private Limited is audited by M KAUSHIK & CO for the financial year 2020.

NameStatusAppointment DateCessation Date
M KAUSHIK & COLockedLockedLocked
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Board of Directors of M2mit Digital Private Limited

M2mit Digital has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Deepali Samir SawantDirector23 Sep 20233 Years 0 MonthsCurrent
Samir Shashikant SawantDirector01 Sep 20206 Years 1 MonthsCurrent

Ownership and Shareholding of M2mit Digital Private Limited

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Charges & Borrowings of M2mit Digital Private Limited

M2mit Digital Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Associated Brands with M2mit Digital Private Limited

M2mit Digital operates one associated brand: M2MIT. Each brand links to its own profile.

BrandDescriptionWebsite
IoT, software development, and IT consulting services are provided.m2mitdigital.com

Employees and EPFO Compliance at M2mit Digital Private Limited

Employment history and EPFO contributions of people linked to M2mit Digital.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on M2mit Digital Private Limited

M2mit Digital Private Limited has 7 board changes on record since 2020: 2 appointments and 5 cessations. The latest: Deepali Samir Sawant was appointed as Director on 23 Sep 2023.

Appointed
Deepali Samir Sawant was appointed as Director.
Ceased
Angad Anand Sule ceased to be Director.
Ceased
Sasi Dev Muthu Gunashekaran ceased to be Additional Director.
AGM
M2Mit Digital Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Ceased
Manoj Mohan Savant ceased to be Additional Director.
Ceased
Deepali Samir Sawant ceased to be Director.
Filing
M2Mit Digital Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai Ii.
Ceased
Samir Shashikant Sawant ceased to be Additional Director.
Appointed
Samir Shashikant Sawant was appointed as Director.
Incorporation
26 Aug 2019
M2Mit Digital Private Limited was registered on 26 Aug 2019 with Roc Mumbai Ii & aged 7 years 1 month as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for M2mit Digital Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by M2mit Digital Private Limited

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Subsidiaries & Group Companies of M2mit Digital Private Limited

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GST Compliance of M2mit Digital Private Limited

M2mit Digital has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAMCM8997M1Z7MaharashtraActive16 Jun 2020
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of M2mit Digital Private Limited

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MCA filings and documents

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Frequently Asked Questions about M2mit Digital Private Limited

M2mit Digital is an active private limited company based in Thane, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 26 August 2019 (7+ years old) and is registered under CIN U72900MH2019PTC329728.

M2mit Digital reported revenue of ₹34.5 Lakh for FY 2021.

M2mit Digital has 2 current directors:

M2mit Digital reported a net loss of ₹51.14 Lakh (net margin -148.2%) and EBITDA of -₹51 Lakh (EBITDA margin -147.8%) for FY 2021, as per its filed financial statements.

The GSTIN of M2mit Digital is 27AAMCM8997M1Z7, registered in Maharashtra.

The CIN (Corporate Identification Number) of M2mit Digital is U72900MH2019PTC329728. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

M2mit Digital has 3 court cases on record: 3 filed against it. 3 are pending.

M2mit Digital was incorporated on 26 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.

Deepali Samir Sawant was appointed as Director on 23 Sep 2023. Angad Anand Sule ceased to be Director on 02 Mar 2023. Sasi Dev Muthu Gunashekaran ceased to be Additional Director on 27 Dec 2021. M2mit Digital has 7 board changes on record in total.

Yes, M2mit Digital is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

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