Magdu Ecommerce Private Limited

Magdu Ecommerce Private Limited - e-commerce in Pune, Maharashtra, India. Directors, charges & compliance details.
CIN U74999PN2017PTC172580 Incorporated 18 September 2017 ROC Pune HQ Pune, Maharashtra, India
Struck Off Private Limited Company e-commerce DPIIT Startup
Data last updated
Revenue · FY 2023
₹2.51 Lakh
▼ 98% YoY
Net loss · FY 2023
₹58.47 Lakh
Latest filing
EBITDA · FY 2023
-₹57.23 Lakh
Latest filing
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
2
Provident fund records
Directors on board
2
As per MCA filings

About Magdu Ecommerce Private Limited

Data last updated:

Magdu Ecommerce Private Limited was a private limited company based in Pune, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the online automotive platforms segment of the e-commerce sector. It was incorporated on 18 September 2017.

The company was registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2017PTC172580. Its GSTIN is 27AALCM3363L1CB (Maharashtra). The company held 2 GST registrations, of which 1 is active.

The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Yogesh Onkar Badgujar and Abhay Ramchandra Pote.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Survey No. 55/1/1/5A Office No. 102 1st Floor Sparkle Avenue Old Pune Satara Road Ka, Traj, Maharashtra, India – 411046.

As per the financials filed for FY 2023, the company reported a revenue of ₹2.51 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹58.47 Lakh and EBITDA of -₹57.23 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 63% over three years and 811% over five years.

The company had about 2 employees on its provident fund (EPFO) records before it was struck off.

The company was associated with 1 brand: Mag-du e-commerce.

The last known website on record is mag-du.com.

Company details

CIN U74999PN2017PTC172580
Registration Number 172580
Incorporation Date 18 September 2017
ROC Pune
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup

Recognitions & Rankings of Magdu Ecommerce

DPIIT recognised startup Government of India
Startup India

Contact details

Magdu Ecommerce Private Limited's registered office is in Pune, Maharashtra. Its website is mag-du.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Apps
  • Registered Address
    Survey No. 55/1/1/5A Office No. 102 1st Floor Sparkle Avenue Old Pune Satara Road Ka, Traj, Maharashtra, India – 411046
  • Industry
    E-Commerce, Online Automotive Platforms

To see the full contact details of Magdu Ecommerce Private Limited, buy the company report.

Comprehensive company report
Magdu Ecommerce Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Magdu Ecommerce operates one associated brand: Mag-du e-commerce. Each brand links to its own profile.

BrandDescriptionWebsite
Operates an online marketplace for automotive parts, serving B2B and B2C customers.mag-du.com

Financials of Magdu Ecommerce Private Limited

FY 2023 filings available

Magdu Ecommerce Private Limited reported revenue of ₹2.51 Lakh (down 98% YoY) for FY 2023.

Revenue · FY 2023
₹2.51 Lakh ▼ 98%
Net loss · FY 2023
₹58.47 Lakh
EBITDA · FY 2023
-₹57.23 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 98%
3 years · compounded
▼ 63%
5 years · compounded
▲ 811%
EBITDA CAGR growth
1 year
▼ 196%
3 years · compounded
▼ 113%

Revenue fell 98% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 811%. EBITDA fell 196% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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-₹57.23 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹58.47 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin
Net Profit Margin
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 Magdu Ecommerce Private Limited, buy the company report.

Board of directors of Magdu Ecommerce Private Limited

Magdu Ecommerce has 2 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Yogesh Onkar BadgujarDirector18 Sep 20179 Years 1 MonthsAs last reported
Abhay Ramchandra PoteDirector18 Sep 20179 Years 1 MonthsAs last reported

Peer comparison

Magdu Ecommerce Private Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Auto), with the same principal business activity (retail trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Hhi Auto Components Private Limited₹2.57 Lakh (FY 2024)18.0%Nabha, Punjab, India
Kenbar Auto Private Limited₹2.53 Lakh (FY 2024)-10.0%New Delhi, Delhi, India
Magdu Ecommerce Private Limitedthis company₹2.51 Lakh (FY 2023)-₹58.47 Lakh-98.0%2Pune, Maharashtra, India
Harsha Auto Mall Private Limited₹2.46 Lakh (FY 2024)37.0%Hyderabad, Telangana, India

To see the full peer comparison of Magdu Ecommerce Private Limited, buy the company report.

Auditor

Magdu Ecommerce Private Limited is audited by R.B.Sharma & Co for the financial year 2022.

Auditor firmFinancial yearFirm registration number
R.B.Sharma & CoFY 2022109971W

Shareholding

The shareholding of Magdu Ecommerce Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Magdu Ecommerce Private Limited, buy the company report.

MSME payment delays

Magdu Ecommerce Private Limited has 5 MSME Form 1 returns on record between 2019 and 2021, listing 5 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (2 of 2)

SupplierAmount dueDue sinceReported on
Elixir Soltek Private Limited
an individual supplier

To see the full MSME payment records of Magdu Ecommerce Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Magdu Ecommerce Private Limited has a workforce of 2 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
2
Active EPFO establishments
1
Employee growth
-86.67%

GST

Magdu Ecommerce has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AALCM3363L1CBMaharashtraActive07 Nov 2018

To see the full GST registrations and return filing status of Magdu Ecommerce Private Limited, buy the company report.

Recent activity

Magdu Ecommerce Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Abhay Ramchandra Pote was appointed as Director on 18 Sep 2017.

AGM
Magdu Ecommerce Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Magdu Ecommerce Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.
Appointed
Abhay Ramchandra Pote was appointed as Director.
Appointed
Yogesh Onkar Badgujar was appointed as Director.
Incorporation
18 Sep 2017
Magdu Ecommerce Private Limited was registered on 18 Sep 2017 with Roc Pune & aged 9 years 1 month as per MCA records.

Frequently asked questions

Magdu Ecommerce has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Magdu Ecommerce was a private limited company based in Pune, Maharashtra, India. The company worked in online automotive platforms, within the e-commerce industry. It was incorporated on 18 September 2017 and is registered under CIN U74999PN2017PTC172580. The company has been struck off by the Registrar of Companies and is no longer operational.

Magdu Ecommerce had 2 directors:

The CIN (Corporate Identification Number) of Magdu Ecommerce is U74999PN2017PTC172580. 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 Magdu Ecommerce is at Survey No. 55115A Office No. 102 1st Floor Sparkle Avenue Old Pune Satara Road Ka, Traj, Maharashtra, India – 411046.

Magdu Ecommerce was incorporated on 18 September 2017. It is registered with the Registrar of Companies, Pune.

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

Magdu Ecommerce can be reached through the website mag-du.com. Its registered office is in Pune, Maharashtra, India.

The latest financial statements of Magdu Ecommerce on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Magdu Ecommerce is 27AALCM3363L1CB, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

Magdu Ecommerce operated in the e-commerce industry, in the online automotive platforms segment. It worked in this industry before it was struck off.

The peers of Magdu Ecommerce by revenue are Hhi Auto Components Private Limited, Kenbar Auto Private Limited, Harsha Auto Mall Private Limited, all in the Ecommerce and Internet industry (Auto), with the same principal business activity (retail trading).