About Maalet Services Private Limited
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Maalet Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 16 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2015PTC081627. Its GSTIN is 29AAJCM8293K1ZL (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Prathimarani Panati and Raja Kumara Bandakinda Palli.
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 619 Ground Floor 26th Cross 8th 'B' Main Sector VII Hsr Layout, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2021, the company reported a revenue of ₹26.8 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹57,486 (net margin -2.1%) and EBITDA of ₹15,097 (EBITDA margin 0.6%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 24% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maalet.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address619 Ground Floor 26th Cross 8th 'B' Main Sector VII Hsr Layout, Bangalore, Karnataka, India – 560102
- IndustryE-Commerce, General E-Commerce Platforms
- 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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Business Activity of Maalet Services Private Limited
The main business activity of Maalet Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Maalet Services Private Limited FY 2021 filings available
Maalet Services Private Limited reported revenue of ₹26.8 Lakh (up 2152% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Maalet Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years. EBITDA rose 101% 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 of Maalet Services Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | ₹15,097 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹57,486 | •••• | •••• | •••• | •••• |
| 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 Maalet Services Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.1% | •••• | •••• | •••• | •••• |
| 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 Maalet Services are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Maalet Services Private Limited
Maalet Services Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Crewmove India Private Limited | ₹27.54 Lakh (FY 2021) | •••• | •••• | •••• | Bikaner, Rajasthan, India | |
| Stepett Pet Essentials Private Limited | ₹27.16 Lakh (FY 2025) | •••• | •••• | •••• | Haryana, India | |
| Dakshina Ganga Info-Solutions (India) Private Limited | ₹26.98 Lakh (FY 2025) | •••• | •••• | 163.0% | •••• | Bengaluru, Karnataka, India |
| Agrima Global Private Limited | ₹26.89 Lakh (FY 2024) | •••• | •••• | 1670.0% | •••• | Kanker, Chhattisgarh, India |
| Bitter Berries Private Limited | ₹26.84 Lakh (FY 2024) | •••• | •••• | 90.0% | •••• | Gurgaon, Haryana, India |
| Maalet Services Private Limited this company | ₹26.8 Lakh (FY 2021) | •••• | •••• | 2152.0% | •••• | Bangalore, Karnataka, India |
| Mustafeez Private Limited | ₹26.71 Lakh (FY 2022) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Ecom Telco Private Limited | ₹26.65 Lakh (FY 2025) | •••• | •••• | •••• | Vadodara, Gujarat, India | |
| Methodos Solutions Private Limited | ₹26.44 Lakh (FY 2024) | •••• | •••• | 76.0% | •••• | Chennai, Tamil Nadu, India |
| Inslick Services Private Limited | ₹26.38 Lakh (FY 2025) | •••• | •••• | 185.0% | •••• | Delhi, India |
| Taraknath Commodeal Private Limited | ₹26.25 Lakh (FY 2024) | •••• | •••• | -99.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Maalet Services by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Maalet Services Private Limited
Maalet Services Private Limited is audited by M N R & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M N R & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Maalet Services Private Limited
Maalet Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prathimarani Panati Also directs: Megdan Private Limited, Inar Pathways Private Limited | Director | 16 Jul 2015 | 11 Years 2 Months | Current |
| Raja Kumara Bandakinda Palli Also directs: Megdan Private Limited, Inar Pathways Private Limited | Director | 16 Jul 2015 | 11 Years 2 Months | Current |
Ownership and Shareholding of Maalet Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Maalet Services Private Limited
Maalet Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Maalet Services Private Limited
Employment history and EPFO contributions of people linked to Maalet Services.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Maalet Services Private Limited
Maalet Services Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Prathimarani Panati was appointed as Director on 16 Jul 2015.
Credit Ratings, Litigation & Regulatory Alerts for Maalet Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Maalet Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Maalet Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Maalet Services Private Limited
Maalet Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCM8293K1ZL | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Maalet Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Maalet Services Private Limited
Maalet Services is an active private limited company based in Bangalore, Karnataka, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 16 July 2015 (11+ years old) and is registered under CIN U74900KA2015PTC081627.
Maalet Services reported revenue of ₹26.8 Lakh for FY 2021 (up 2152% YoY).
Maalet Services has 2 current directors:
- Prathimarani Panati - Director
- Raja Kumara Bandakinda Palli - Director
Maalet Services reported a net loss of ₹57,486 (net margin -2.1%) and EBITDA of ₹15,097 (EBITDA margin 0.6%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Maalet Services is 14% over three years and 24% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Maalet Services is 29AAJCM8293K1ZL, registered in Karnataka.
The CIN (Corporate Identification Number) of Maalet Services is U74900KA2015PTC081627. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maalet Services was incorporated on 16 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Maalet Services by revenue are Crewmove India Private Limited, Stepett Pet Essentials Private Limited, Dakshina Ganga Info-Solutions (India) Private Limited, Agrima Global Private Limited, Bitter Berries Private Limited and 5 more, all in the Ecommerce and Internet industry (Broad Based Ecommerce).
Prathimarani Panati was appointed as Director on 16 Jul 2015. Raja Kumara Bandakinda Palli was appointed as Director on 16 Jul 2015.
Maalet Services can be reached through the website maalet.com. Its registered office is in Bangalore, Karnataka, India.