About Mad Ventures Private Limited
Data last updated:
Mad Ventures Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 18 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52300MH2014PTC257264. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Gaurav Choudhary and Dalpat Singh Chodhari.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.41 Lakh, a decline of 54% compared to the previous year. For the same year it recorded a net profit of ₹1.28 Lakh (net margin 53%) and EBITDA of ₹1.84 Lakh (EBITDA margin 76.3%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 54% over five years.
The company is associated with 1 brand: Mobilegear. As per MCA filings, the company has open charges of ₹44.65 Lakh and satisfied charges of ₹44.65 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mobilegear.in.
Company details
Contact details
Mad Ventures Private Limited's registered office is in Thane, Maharashtra. Its website is mobilegear.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address221 II Floor Bldg No.2 Nikisha Industrial Estate Pandurangwadi Saibaba Nagar Nr Hgway Mir, A Road(E), Thane, Maharashtra, India – 401105
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Mad Ventures 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
Brands
Mad Ventures operates one associated brand: Mobilegear. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Blog offering smartphone news, reviews, and launch details for consumers. | mobilegear.in |
Financials of Mad Ventures Private Limited
FY 2025 filings availableMad Ventures Private Limited reported revenue of ₹2.41 Lakh (down 54% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 54% over five years, including a 54% fall in the latest year. EBITDA rose 73% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.84 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.28 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 | 76.3% | ||||
| Net Profit Margin | 53% | ||||
| 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 Mad Ventures Private Limited, buy the company report.
Board of directors of Mad Ventures Private Limited
Mad Ventures has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Choudhary Also directs: Supertek Heights Private Limited, Siddhi Vinayak Fincap Limited, Konark Buildhome LLP and 2 more | Director | 18 Aug 2014 | 12 Years 2 Months | Current |
| Dalpat Singh Chodhari Also directs: Ekling Garh Hospitality LLP, Sarvoday Microns Private Limited, Supertech Diamond Tools Private Limited and 5 more | Director | 07 Aug 2015 | 11 Years 2 Months | Current |
Peer comparison
Mad Ventures Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sadhna Sales Corporation Private Limited | ₹2.43 Lakh (FY 2021) | -99.0% | Delhi, India | |||
| Mad Ventures Private Limitedthis company | ₹2.41 Lakh (FY 2025) | ₹1.28 Lakh | 53% | -54.0% | Thane, Maharashtra, India | |
| RK Tech (India) Private Limited | ₹2.4 Lakh (FY 2022) | -76.0% | Chennai, Tamil Nadu, India | |||
| Jagdish Distributors Private Limited | ₹2.39 Lakh (FY 2022) | -99.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Mad Ventures Private Limited, buy the company report.
Auditor
Mad Ventures Private Limited is audited by SHYAM S SINGHVI & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHYAM S SINGHVI & CO | FY 2022 | 002036C |
Shareholding
The shareholding of Mad Ventures Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mad Ventures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2019 | 100261038 | Others | ₹44.65 Lakh | Satisfied |
To see the full charge records of Mad Ventures Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Mad Ventures Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mad Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mad Ventures has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Mad Ventures Private Limited, buy the company report.
Recent activity
Mad Ventures Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Gunjan Choudhary ceased to be Director on 19 May 2023.
Frequently asked questions
Mad Ventures is an active private limited company based in Thane, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 18 August 2014 (12+ years old) and is registered under CIN U52300MH2014PTC257264.
Mad Ventures has 2 current directors:
- Gaurav Choudhary - Director
- Dalpat Singh Chodhari - Director
The latest financial statements of Mad Ventures on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
No. Mad Ventures has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Mad Ventures is U52300MH2014PTC257264. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mad Ventures was incorporated on 18 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mad Ventures by revenue are Sadhna Sales Corporation Private Limited, RK Tech (India) Private Limited, Jagdish Distributors Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (retail trading).
Gunjan Choudhary ceased to be Director on 19 May 2023. Gurpreet Singh Matharu ceased to be Director on 04 Feb 2021. Dalpat Singh Chodhari was appointed as Director on 07 Aug 2015. Mad Ventures has 4 board changes on record in total.
Mad Ventures can be reached through the website mobilegear.in. Its registered office is in Thane, Maharashtra, India.
The registered office of Mad Ventures is at 221 II Floor Bldg No.2 Nikisha Industrial Estate Pandurangwadi Saibaba Nagar Nr Hgway Mir, A RoadE, Thane, Maharashtra, India – 401105.
Mad Ventures operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.