
About Madmart Services Private Limited
Data last updated:
Madmart Services Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Flytxt Bv. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 09 March 2007.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2007PTC322282. Its GSTIN is 27AABCF1025A1ZH (Maharashtra). The company held 3 GST registrations, all of them active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Flytxt Technology Private Limited. It was led by directors Anilkumar Ramachandran and Sachin Rastogi.
Its last annual general meeting (AGM) was held on 12 August 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at C/O Hfk Madan 30 Oriental Insurance Building 31 Dr. V B Gandhi Marg, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2019, the company reported a revenue of ₹5.15 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net loss of ₹67.91 Lakh (net margin -13.2%) and EBITDA of -₹62.03 Lakh (EBITDA margin -12%).
The company was associated with 1 brand: mADmart. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The last known website on record is mad-mart.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressC/O Hfk Madan 30 Oriental Insurance Building 31 Dr. V B Gandhi Marg, Mumbai, Maharashtra, India – 400001
- IndustryInternet, Online Service Marketplaces
- 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
CIN History of Madmart Services Private Limited
Madmart Services has one previous CIN (Corporate Identification Number): U72200KL2007PTC020470. The current CIN is U72200MH2007PTC322282, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200MH2007PTC322282 | Current |
| U72200KL2007PTC020470 | Previous |
Associated Brands with Madmart Services Private Limited
Madmart Services operates one associated brand: mADmart. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a mobile advertising network for brands and advertisers. | madmart.in |
Competitors & Alternatives of Madmart Services Private Limited
Brands and companies operating in the same space as Madmart Services Private Limited include InMobi, Tapjoy, Vungle and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
| | Platform offering mobile ad network software | Bengaluru, India | 2007 |
| | Mobile advertising & monetization | San Francisco, United States | 2007 |
| | Mobile apps are promoted and monetized via in-app video trailers. | San Francisco, United States | 2011 |
| | Ads monetization platform based on mobile games | San Francisco, United States | 2011 |
| | Mobile advertising platform and ad network | Guangzhou, China | 2013 |
| | Mobile advertising platform is operated for advertisers and developers. | Baltimore, United States | 2006 |
| | Mobile advertising network platform | Austin, United States | 1998 |
| | Mobile ad campaigns are managed and optimized via ML platform. | Redwood City, United States | 2012 |
| | AI powered ad network platform | Holon, Israel | 1999 |
| | A location analytics platform for marketing applications is provided. | New York, United States | 2003 |
Business Activity of Madmart Services Private Limited
The main business activity of Madmart Services is professional, scientific and technical. In detail, this covers advertising and market research.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M6 | Advertising and market research | 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.
Auditor Details of Madmart Services Private Limited
Madmart Services Private Limited is audited by VARMA & VARMA for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VARMA & VARMA | 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 Madmart Services Private Limited
Madmart Services has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anilkumar Ramachandran Also directs: Flytxt Mobile Solutions Private Limited | Director | 07 Aug 2017 | 9 Years 2 Months | As last reported |
| Sachin Rastogi | Director | 20 Oct 2018 | 7 Years 11 Months | As last reported |
Financials of Madmart Services Private Limited FY 2019 filings available
Madmart Services Private Limited reported revenue of ₹5.15 Cr (down 13% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Madmart Services Private Limited
Revenue fell 13% in the latest year. EBITDA rose 71% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Madmart Services Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹5.15 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹62.03 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹67.91 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 Madmart Services Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -12% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -13.2% | •••• | •••• | •••• | •••• |
| 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 Madmart Services 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.
Ownership and Shareholding of Madmart 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 Madmart Services Private Limited
Madmart Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Madmart Services Private Limited
Employment history and EPFO contributions of people linked to Madmart 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.
GST Compliance of Madmart Services Private Limited
Madmart Services has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCF1025A1ZH | Maharashtra | Active | 30 Jun 2019 |
| 32AABCF1025A1ZQ | Kerala | Active | 01 Jul 2017 |
| 06AABCF1025A1ZL | Haryana | Active | 14 Nov 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.
Legal Cases of Madmart Services Private Limited
Madmart Services Private Limited has 2 court cases on record: 1 filed by Madmart Services, 1 filed against it. All cases are disposed. Status as checked on 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Arbitration matter | Filed by the company against Living Entertainment Enterprises Private Limited | Disposed |
| High Court of Kerala | Tax appeal | Filed against the company by Commissioner of Income Tax | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit Ratings, Litigation & Regulatory Alerts for Madmart 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 Madmart 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 Madmart 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.
MCA Filings & Documents of Madmart 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.
Recent Activity on Madmart Services Private Limited
Frequently Asked Questions about Madmart Services Private Limited
Madmart Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Madmart Services was a private limited company based in Mumbai, Maharashtra, India. The company worked in online service marketplaces, within the internet industry. It was incorporated on 09 March 2007 and is registered under CIN U72200MH2007PTC322282. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Madmart Services was incorporated on 09 March 2007. It is registered with the Registrar of Companies, Mumbai.
Madmart Services had 2 directors:
- Anilkumar Ramachandran - Director
- Sachin Rastogi - Director
The CIN (Corporate Identification Number) of Madmart Services is U72200MH2007PTC322282. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Madmart Services is at CO Hfk Madan 30 Oriental Insurance Building 31 Dr. V B Gandhi Marg, Mumbai, Maharashtra, India – 400001.
Madmart Services can be reached through the website mad-mart.com. Its registered office is in Mumbai, Maharashtra, India.
Madmart Services reported revenue of ₹5.15 Cr for FY 2019 (down 13% YoY).
Madmart Services has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.