MCB Business Solutions (India) Private Limited
About MCB Business Solutions (India) Private Limited
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MCB Business Solutions (India) Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 02 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29253PN2014PTC153293. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2.3 Cr and a paid-up capital of ₹1.77 Cr. It is led by directors including Gayatri Shriram Phate and Pupul Chandrakant Borkar.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.25 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net loss of ₹1.52 Cr (net margin -121.4%) and EBITDA of -₹1.29 Cr (EBITDA margin -103%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years.
As per MCA filings, the company has open charges of ₹2.47 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
MCB Business Solutions (India) Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSurvey No. 51/2A/2 First To Third Floor Navale It Zone Near Navale Bridge Behind Union B, Ank Narhe, Pune, Maharashtra, India – 411041
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of MCB Business Solutions (India) Private Limited, buy the company report.
- 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
Business activity
The main business activity of MCB Business Solutions (India) is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of MCB Business Solutions (India) Private Limited, buy the company report.
Financials of MCB Business Solutions (India) Private Limited
FY 2021 filings availableMCB Business Solutions (India) Private Limited reported revenue of ₹1.25 Cr (down 32% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over three years, including a 32% fall in the latest year. EBITDA fell 373% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹1.29 Cr | ||||
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| Net Profit (PAT) | -₹1.52 Cr | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | -103% | ||||
| Net Profit Margin | -121.4% | ||||
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To see the full financial statements and ratios of MCB Business Solutions (India) Private Limited, buy the company report.
Board of directors of MCB Business Solutions (India) Private Limited
MCB Business Solutions (India) has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gayatri Shriram Phate | Director | 02 Dec 2014 | 11 Years 11 Months | Current |
| Pupul Chandrakant Borkar | Director | 02 Dec 2014 | 11 Years 11 Months | Current |
| Mamta Cahndrakant Borkar | Director | 02 Dec 2014 | 11 Years 11 Months | Current |
Auditor
MCB Business Solutions (India) Private Limited is audited by M S JHANWAR & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S JHANWAR & CO | FY 2020 | 130701W |
Shareholding
The shareholding of MCB Business Solutions (India) Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of MCB Business Solutions (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Oct 2015 | 10603858 | State Bank of India | ₹2.47 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving MCB Business Solutions (India) 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 MCB Business Solutions (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
MCB Business Solutions (India) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of MCB Business Solutions (India) Private Limited, buy the company report.
Recent activity
MCB Business Solutions (India) Private Limited has 35 board changes on record since 2014: 19 appointments and 16 cessations. The latest: Ayesha Miteshkumar Chaudhary ceased to be Additional Director on 29 Mar 2022.
27 earlier events are in the company report.
Frequently asked questions
MCB Business Solutions (India) is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 02 December 2014 (12+ years old) and is registered under CIN U29253PN2014PTC153293.
MCB Business Solutions (India) has 3 current directors:
- Gayatri Shriram Phate - Director
- Pupul Chandrakant Borkar - Director
- Mamta Cahndrakant Borkar - Director
The latest financial statements of MCB Business Solutions (India) on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. MCB Business Solutions (India) has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of MCB Business Solutions (India) is U29253PN2014PTC153293. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MCB Business Solutions (India) was incorporated on 02 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Pune.
Ayesha Miteshkumar Chaudhary ceased to be Additional Director on 29 Mar 2022. Dilip Jethabhai Chaudhary ceased to be Additional Director on 29 Mar 2022. Diptiben Dipakkumar Shah ceased to be Additional Director on 29 Mar 2022. MCB Business Solutions (India) has 35 board changes on record in total.
The registered office of MCB Business Solutions (India) is at Survey No. 512A2 First To Third Floor Navale It Zone Near Navale Bridge Behind Union B, Ank Narhe, Pune, Maharashtra, India – 411041.
MCB Business Solutions (India) operates in the information technology industry, in the IT consulting and support services segment.
MCB Business Solutions (India) has open charges of ₹2.47 Cr and no satisfied charges on record as per latest MCA filings.
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