MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-23-0059558
Mavenmagnet Research Private Limited - business outsourcing in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.67 Cr
▲ 44% YoY
Net profit · FY 2024
₹38.22 Lakh
Net margin 14.3%
EBITDA · FY 2024
₹47.62 Lakh
EBITDA margin 17.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
30 yrs
Est. 1996
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered
About Mavenmagnet Research Private Limited
Data last updated:
Mavenmagnet Research Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 15 January 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U74130MP1996PTC010375. Its GSTIN is 27AAACD5980B1ZU (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Dholagiri Marketing Pvt Ltd. It is led by directors Ritu Ghuwalewala and Aditya Ghuwaliwala.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 22/8 Yashvant Niwas Road., Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.67 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹38.22 Lakh (net margin 14.3%) and EBITDA of ₹47.62 Lakh (EBITDA margin 17.8%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 5% over five years.
The company is associated with 1 brand: MavenMagnet. The company has 2 deals on record (2 secondary share transfers); the latest was in October 2022.
Mavenmagnet Research Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0059558). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mavenmagnet.com.
Company details
CIN U74130MP1996PTC010375
Registration Number 010375
Incorporation Date 15 January 1996
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MP-23-0059558
CIN history
Mavenmagnet Research has one previous CIN (Corporate Identification Number): U51101MP1996PTC010375. The current CIN is U74130MP1996PTC010375, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74130MP1996PTC010375 | Current |
| U51101MP1996PTC010375 | Previous |
Recognitions & Rankings of Mavenmagnet Research
Contact details
Mavenmagnet Research Private Limited's registered office is in Indore, Madhya Pradesh. Its website is mavenmagnet.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address22/8 Yashvant Niwas Road., Indore, Madhya Pradesh, India – 452001
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Mavenmagnet Research Private Limited, buy the company report.
Comprehensive company report
Mavenmagnet Research 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
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Brands
Mavenmagnet Research operates one associated brand: MavenMagnet. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers comprehensive data analytics, market research, monitoring, and SMM services tailored to multiple industries. | mavenmagnet.com |
Business activity
The main business activity of Mavenmagnet Research is professional, scientific and technical. In detail, this covers advertising and market research.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M6 | Advertising and market research |
To see the full business activity and turnover split of Mavenmagnet Research Private Limited, buy the company report.
Financials of Mavenmagnet Research Private Limited
FY 2024 filings availableMavenmagnet Research Private Limited reported revenue of ₹2.67 Cr (up 44% YoY) for FY 2024.
Revenue · FY 2024
₹2.67 Cr ▲ 44%
Net profit · FY 2024
₹38.22 Lakh margin 14.3%
EBITDA · FY 2024
₹47.62 Lakh margin 17.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 44%
3 years · compounded
▲ 20%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 67%
3 years · compounded
▲ 54%
5 years · compounded
▲ 76%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 44% growth in the latest year. EBITDA rose 67% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹47.62 Lakh | ||||
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| Net Profit (PAT) | ₹38.22 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.8% | ||||
| Net Profit Margin | 14.3% | ||||
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To see the full financial statements and ratios of Mavenmagnet Research Private Limited, buy the company report.
Board of directors of Mavenmagnet Research Private Limited
Mavenmagnet Research has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritu Ghuwalewala Also directs: Dholagiri Foods & Beverages Limited | Director | 23 Nov 2011 | 14 Years 11 Months | Current |
| Aditya Ghuwaliwala Also directs: Rashitech Vending Systems Limited | Director | 05 Sep 2014 | 12 Years 1 Months | Current |
Auditor
Mavenmagnet Research Private Limited is audited by SURAJ HARESH AND ASSOCIATE for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURAJ HARESH AND ASSOCIATE | FY 2022 | 142739W |
Shareholding
The shareholding of Mavenmagnet Research Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mavenmagnet Research Private Limited, buy the company report.
Deals & funding
Mavenmagnet Research Private Limited has 2 deals on record (2 secondary share transfers); the latest was in October 2022.
Total deals
2
Secondary share transfers
2
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2022 | Secondary share transfer | Undisclosed | Buyer: Mavemagnet Inc Seller: 2 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Mavenmagnet Research 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 Mavenmagnet Research Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mavenmagnet Research has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACD5980B1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mavenmagnet Research Private Limited, buy the company report.
Recent activity
Mavenmagnet Research Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Asha Ghuwalewala ceased to be Director on 06 Sep 2014.
AGM
Mavenmagnet Research Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mavenmagnet Research Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.
Ceased
Asha Ghuwalewala ceased to be Director.
Appointed
Aditya Ghuwaliwala was appointed as Director.
Ceased
Shiv Prasad Ghuwalewala ceased to be Director.
Appointed
Ritu Ghuwalewala was appointed as Director.
Incorporation
15 Jan 1996
Mavenmagnet Research Private Limited was registered on 15 Jan 1996 with Roc Gwalior & aged 30 years 9 months as per MCA records.
Frequently asked questions
Mavenmagnet Research is an active private limited company based in Indore, Madhya Pradesh, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 15 January 1996 (30+ years old) and is registered under CIN U74130MP1996PTC010375.
Mavenmagnet Research has 2 current directors:
- Ritu Ghuwalewala - Director
- Aditya Ghuwaliwala - Director
The latest financial statements of Mavenmagnet Research on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mavenmagnet Research is 27AAACD5980B1ZU, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Mavenmagnet Research is U74130MP1996PTC010375. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mavenmagnet Research was incorporated on 15 January 1996, making it 30+ years old. It is registered with the Registrar of Companies, Gwalior.
Mavenmagnet Research has 2 deals on record (2 secondary share transfers); the latest was in October 2022.
Asha Ghuwalewala ceased to be Director on 06 Sep 2014. Aditya Ghuwaliwala was appointed as Director on 05 Sep 2014. Shiv Prasad Ghuwalewala ceased to be Director on 13 Dec 2011. Mavenmagnet Research has 4 board changes on record in total.
Yes, Mavenmagnet Research is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-23-0059558).
Mavenmagnet Research can be reached through the website mavenmagnet.com. Its registered office is in Indore, Madhya Pradesh, India.
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