Mayhem Studios India Private Limited
About Mayhem Studios India Private Limited
Data last updated:
Mayhem Studios India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Mayhem Studios Private Limited. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 08 December 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72300KA2022FTC168743. Its GSTIN is 29AAQCM4245A1ZF (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹13,560. It is led by directors Dhiresh Kumar Nagwani and Bhushan J Kaushik.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹39.4 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net loss of ₹10.04 Cr (net margin -25.5%) and EBITDA of -₹8.19 Cr (EBITDA margin -20.8%).
The company has about 89 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mayhem Studios. The company has 1 deal on record (1 rights issue); the latest was in March 2023. Its 10 peer companies in the same principal business activity (Computer programming, consultancy and related activities) are compared by revenue, 5 larger and 5 smaller; the largest is Aysit Solutions Private Limited with revenue of ₹39.61 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressPlot No. 79/4 Outer Ring Road 1st Floor, Opp. To Cloud Nine Hospital, Bangalore, Karnataka, India – 560103
- 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 Mayhem Studios India Private Limited
The main business activity of Mayhem Studios India 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 Mayhem Studios India Private Limited FY 2025 filings available
Mayhem Studios India Private Limited reported revenue of ₹39.4 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mayhem Studios India Private Limited
Revenue fell 5% in the latest year. EBITDA rose 13% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Mayhem Studios India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹8.19 Cr | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹10.04 Cr | •••• | •••• |
| 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 | •••• | •••• | •••• |
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Financial Ratios of Mayhem Studios India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -20.8% | •••• | •••• |
| Net Profit Margin | -25.5% | •••• | •••• |
| 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 Mayhem Studios India 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 Mayhem Studios India Private Limited
Mayhem Studios India 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 |
|---|---|---|---|---|---|---|
| Aysit Solutions Private Limited | ₹39.61 Cr (FY 2024) | •••• | •••• | 212.0% | •••• | Hyderabad, Telangana, India |
| Saras Solutions India Private Limited | ₹39.49 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Hyderabad, Telangana, India |
| Stic Soft E-Solutions Private Limited | ₹39.43 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Hyderabad, Telangana, India |
| Image Infosystems Private Limited | ₹39.43 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Delhi, India |
| Aditadv Tech Private Limited | ₹39.4 Cr (FY 2025) | •••• | •••• | 57.0% | •••• | Ahmedabad, Gujarat, India |
| Mayhem Studios India Private Limited this company | ₹39.4 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Bangalore, Karnataka, India |
| Javi Systems India Private Limited | ₹39.36 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | Gurgaon, Haryana, India |
| Staah Hotel Software Private Limited | ₹39.31 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Surat, Gujarat, India |
| Krythium Solutions Private Limited | ₹39.3 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Kochi, Kerala, India |
| Purvansh Holdings Private Limited | ₹39.24 Cr (FY 2024) | •••• | •••• | 24.0% | •••• | Hyderabad, Telangana, India |
| Engro Technologies Limited | ₹39.24 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Mayhem Studios India 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 Mayhem Studios India Private Limited
Mayhem Studios India Private Limited is audited by WALKERCHANDIOK&CO LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| WALKERCHANDIOK&CO LLP | 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 Mayhem Studios India Private Limited
Mayhem Studios India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhiresh Kumar Nagwani Also directs: Stackable Learning Technologies Private Limited | Additional Director | 31 Jan 2025 | 1 Years 8 Months | Current |
| Bhushan J Kaushik | Additional Director | 28 Nov 2025 | 0 Years 10 Months | Current |
Ownership and Shareholding of Mayhem Studios India 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 Mayhem Studios India Private Limited
Mayhem Studios India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Mayhem Studios India Private Limited
Mayhem Studios India Private Limited has 1 deal on record (1 rights issue); the latest was in March 2023.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Rights issue | ₹28 Cr | Investors: Mayhem Studios Pte Limited |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Mayhem Studios India Private Limited
Mayhem Studios India operates one associated brand: Mayhem Studios. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AAA battle royale games are developed for competitive gameplay. | mayhem-studios.com |
Employees and EPFO Compliance at Mayhem Studios India Private Limited
Mayhem Studios India Private Limited has a workforce of 89 employees as of Apr 05, 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 Mayhem Studios India Private Limited
Mayhem Studios India Private Limited has 6 board changes on record since 2023: 3 appointments and 3 cessations. The latest: Bhushan J Kaushik was appointed as Additional Director on 28 Nov 2025.
Credit Ratings, Litigation & Regulatory Alerts for Mayhem Studios India 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 Mayhem Studios India 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 Mayhem Studios India 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 Mayhem Studios India Private Limited
Mayhem Studios India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAQCM4245A1ZF | Karnataka | Active | 06 Feb 2023 |
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 Mayhem Studios India 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 Mayhem Studios India Private Limited
Mayhem Studios India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 08 December 2022 (4+ years old) and is registered under CIN U72300KA2022FTC168743.
Mayhem Studios India reported revenue of ₹39.4 Cr for FY 2025 (down 5% YoY).
Mayhem Studios India has 2 current directors:
- Dhiresh Kumar Nagwani - Additional Director
- Bhushan J Kaushik - Additional Director
Mayhem Studios India reported a net loss of ₹10.04 Cr (net margin -25.5%) and EBITDA of -₹8.19 Cr (EBITDA margin -20.8%) for FY 2025, as per its filed financial statements.
The GSTIN of Mayhem Studios India is 29AAQCM4245A1ZF, registered in Karnataka.
The CIN (Corporate Identification Number) of Mayhem Studios India is U72300KA2022FTC168743. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mayhem Studios India was incorporated on 08 December 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
Mayhem Studios India has 1 deal on record (1 rights issue); the latest was in March 2023.
The peers of Mayhem Studios India by revenue are Aysit Solutions Private Limited, Saras Solutions India Private Limited, Stic Soft E-Solutions Private Limited, Image Infosystems Private Limited, Aditadv Tech Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Bhushan J Kaushik was appointed as Additional Director on 28 Nov 2025. Dhiresh Kumar Nagwani was appointed as Additional Director on 31 Jan 2025. Ritika Chatterjee ceased to be Additional Director on 29 Sep 2024. Mayhem Studios India has 6 board changes on record in total.
The registered office of Mayhem Studios India is at Plot No. 794 Outer Ring Road 1st Floor, Opp. To Cloud Nine Hospital, Bangalore, Karnataka, India – 560103.