About Mad Ventures Private Limited
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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 The company has 1 GST registration on record, which is no longer active.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.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- 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
- 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
- One PDF report, delivered after checkout
Associated Brands with Mad Ventures Private Limited
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 available
Mad Ventures Private Limited reported revenue of ₹2.41 Lakh (down 54% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mad Ventures Private Limited
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 of Mad Ventures Private Limited
| 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 of Mad Ventures Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Mad Ventures are in the company report.
Financial statements from 2015
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.
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 of Mad Ventures Private Limited
Mad Ventures Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sunsolar Energy Private Limited | ₹2.45 Lakh (FY 2025) | •••• | •••• | -87.0% | •••• | Kota, Rajasthan, India |
| Olive Electronics Private Limited | ₹2.45 Lakh (FY 2019) | •••• | •••• | -90.0% | •••• | New Delhi, Delhi, India |
| TRS Green Energy (OPC) Private Limited | ₹2.43 Lakh (FY 2024) | •••• | •••• | 1087.0% | •••• | Lucknow, Uttar Pradesh, India |
| Sadhna Sales Corporation Private Limited | ₹2.43 Lakh (FY 2021) | •••• | •••• | -99.0% | •••• | Delhi, India |
| Indo Light Industries Private Limited | ₹2.42 Lakh (FY 2025) | •••• | •••• | -1.0% | •••• | Delhi, India |
| Mad Ventures Private Limited this company | ₹2.41 Lakh (FY 2025) | •••• | •••• | -54.0% | •••• | Thane, Maharashtra, India |
| SLM Energy Technologies Private Limited | ₹2.4 Lakh (FY 2020) | •••• | •••• | -82.0% | •••• | Alwar, Rajasthan, India |
| SRV Technologies Private Limited | ₹2.4 Lakh (FY 2025) | •••• | •••• | •••• | Rohtak, Haryana, India | |
| Tecbloxventures Private Limited | ₹2.4 Lakh (FY 2024) | •••• | •••• | 2410.0% | •••• | Bangalore, Karnataka, 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 |
Peers are the five companies nearest above and the five nearest below Mad Ventures by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), 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 Mad Ventures Private Limited
Mad Ventures Private Limited is audited by SHYAM S SINGHVI & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHYAM S SINGHVI & 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.
Ownership and Shareholding of Mad Ventures 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 Mad Ventures Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Mar 2019 | Others | ₹44.65 Lakh | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Mad Ventures Private Limited
Employment history and EPFO contributions of people linked to Mad Ventures.
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 Mad Ventures Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Mad Ventures 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 Mad Ventures 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 Mad Ventures 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 Mad Ventures Private Limited
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.
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 Mad Ventures 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 Mad Ventures Private Limited
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 reported revenue of ₹2.41 Lakh for FY 2025 (down 54% YoY).
Mad Ventures has 2 current directors:
- Gaurav Choudhary - Director
- Dalpat Singh Chodhari - Director
Mad Ventures reported a net profit of ₹1.28 Lakh (net margin 53%) and EBITDA of ₹1.84 Lakh (EBITDA margin 76.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mad Ventures is -15% over three years and -54% over five years. In the latest year (FY 2025) revenue fell 54%. CAGR is the steady yearly rate that links the first and the last year.
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 Sunsolar Energy Private Limited, Olive Electronics Private Limited, TRS Green Energy (OPC) Private Limited, Sadhna Sales Corporation Private Limited, Indo Light Industries Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution).
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.