About Mavonic Technology Private Limited
Data last updated:
Mavonic Technology Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 15 June 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2022PTC384568. Its GSTIN is 27AAPCM8769E1ZR (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rashmi Tripathi and Madhur Rajendra Karnik.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 002/21 Rohini Building Apna Ghar Chsl Swami Samarth Nagar Lokhandwala Complex, Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.01 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹2.3 Lakh (net margin 0.8%) and EBITDA of ₹5.97 Lakh (EBITDA margin 2%).
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mavonic. Court records list 1 case involving the company; 1 case is pending.
For more details, the company can be reached via its website mavonic.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address002/21 Rohini Building Apna Ghar Chsl Swami Samarth Nagar Lokhandwala Complex, Mumbai, Maharashtra, India – 400053
- IndustryInformation Technology, Application Development & Software Solutions
- 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
Business Activity of Mavonic Technology Private Limited
The main business activity of Mavonic Technology is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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.
Financials of Mavonic Technology Private Limited FY 2025 filings available
Mavonic Technology Private Limited reported revenue of ₹3.01 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mavonic Technology Private Limited
Revenue rose 18% in the latest year. EBITDA fell 76% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Mavonic Technology Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | ₹5.97 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.3 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 Mavonic Technology Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 2% | •••• | •••• |
| Net Profit Margin | 0.8% | •••• | •••• |
| 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 Mavonic Technology are in the company report.
Financial statements from FY 2023
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.
Peer Comparison of Mavonic Technology Private Limited
Mavonic Technology Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Avenues Worldwide Private Limited | ₹3.01 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Gurugram, Haryana, India |
| MC Data Systems Private Limited | ₹3.01 Cr (FY 2021) | •••• | •••• | -30.0% | •••• | Gurugram, Haryana, India |
| Forar Tech India Private Limited | ₹3.01 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Coimbatore, Tamil Nadu, India |
| Zesht IT Consulting Services Private Limited | ₹3.01 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Guntur, Andhra Pradesh, India |
| Mahaveer Infoway Limited Listed | ₹3.01 Cr (FY 2025) | •••• | •••• | -47.0% | •••• | Hyderabad, Telangana, India |
| Mavonic Technology Private Limited this company | ₹3.01 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Mumbai, Maharashtra, India |
| Katti Managment Consultancy Private Limited | ₹3.01 Cr (FY 2024) | •••• | •••• | 452.0% | •••• | Hyderabad, Telangana, India |
| Technowatt India Private Limited | ₹3.01 Cr (FY 2024) | •••• | •••• | 32.0% | •••• | Bangalore, Karnataka, India |
| Comtel Services Private Limited | ₹3.01 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Mumbai, Maharashtra, India |
| Graspskills Training and Consulting Private Limited | ₹3.01 Cr (FY 2018) | •••• | •••• | -18.0% | •••• | Bangalore, Karnataka, India |
| Dreamstel Technologies Private Limited | ₹3.01 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Noida, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Mavonic Technology by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 Mavonic Technology Private Limited
Mavonic Technology Private Limited is audited by AGAP & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AGAP & 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.
Board of Directors of Mavonic Technology Private Limited
Mavonic Technology 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 |
|---|---|---|---|---|
| Rashmi Tripathi | Director | 15 Jun 2022 | 4 Years 3 Months | Current |
| Madhur Rajendra Karnik | Director | 15 Jun 2022 | 4 Years 3 Months | Current |
Ownership and Shareholding of Mavonic Technology 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 Mavonic Technology Private Limited
Mavonic Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Mavonic Technology Private Limited
Mavonic Technology Private Limited has 1 court case on record: 1 where it is another party. All case is pending. Status as checked on 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Criminal case | Company is another party | Pending |
Full case history
All 1 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.
Associated Brands with Mavonic Technology Private Limited
Mavonic Technology operates one associated brand: Mavonic. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Builds secure, scalable software products for FinTech companies and their business needs. | mavonic.com |
Employees and EPFO Compliance at Mavonic Technology Private Limited
Mavonic Technology Private Limited has a workforce of 11 employees as of Apr 08, 2024.
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 Mavonic Technology Private Limited
Mavonic Technology Private Limited has 6 board changes on record since 2022: 4 appointments and 2 cessations. The latest: Akshay Madhukar Nayak ceased to be Director on 24 Jun 2025.
Credit Ratings, Litigation & Regulatory Alerts for Mavonic Technology 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 Mavonic Technology 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 Mavonic Technology 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 Mavonic Technology Private Limited
Mavonic Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCM8769E1ZR | Maharashtra | Active | 26 Jul 2022 |
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 Mavonic Technology 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 Mavonic Technology Private Limited
Mavonic Technology is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 15 June 2022 (4+ years old) and is registered under CIN U72900MH2022PTC384568.
Mavonic Technology reported revenue of ₹3.01 Cr for FY 2025 (up 18% YoY).
Mavonic Technology has 2 current directors:
- Rashmi Tripathi - Director
- Madhur Rajendra Karnik - Director
Mavonic Technology reported a net profit of ₹2.3 Lakh (net margin 0.8%) and EBITDA of ₹5.97 Lakh (EBITDA margin 2%) for FY 2025, as per its filed financial statements.
The GSTIN of Mavonic Technology is 27AAPCM8769E1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mavonic Technology is U72900MH2022PTC384568. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mavonic Technology has 1 court case on record. 1 is pending.
Mavonic Technology was incorporated on 15 June 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mavonic Technology by revenue are Avenues Worldwide Private Limited, MC Data Systems Private Limited, Forar Tech India Private Limited, Zesht IT Consulting Services Private Limited, Mahaveer Infoway Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Akshay Madhukar Nayak ceased to be Director on 24 Jun 2025. Vaibhav Lalji Singh ceased to be Director on 24 Jun 2025. Akshay Madhukar Nayak was appointed as Director on 15 Jun 2022. Mavonic Technology has 6 board changes on record in total.
Yes, Mavonic Technology is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).