
Mcway Managements Limited
About Mcway Managements Limited
Data last updated:
Mcway Managements Limited is a public limited company based in Gandhinagar, Gujarat, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 09 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2019PLC108086. Its GSTIN is 24AAMCM6609E1ZH (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.1 Cr. It is led by directors including Hardik Mukeshkumar Chaudhary and Kaushal Narsinhbhai Bhatol.
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 Plot No – 1055 Sector – 2 D, Gandhinagar, Gujarat, India – 382007.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.8 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹94.32 Lakh (net margin 4.5%) and EBITDA of ₹1.79 Cr (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 59% over three years.
The company has about 35 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹52 Lakh on record.
Company details
Contact details
Mcway Managements Limited's registered office is in Gandhinagar, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No – 1055 Sector – 2 D, Gandhinagar, Gujarat, India – 382007
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Mcway Managements 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 Mcway Managements 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 Mcway Managements Limited, buy the company report.
Financials of Mcway Managements Limited
FY 2025 filings availableMcway Managements Limited reported revenue of ₹20.8 Cr (up 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 59% over three years, including 30% growth in the latest year. EBITDA rose 36% 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 | ₹1.79 Cr | ||||
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| Net Profit (PAT) | ₹94.32 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 8.6% | ||||
| Net Profit Margin | 4.5% | ||||
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To see the full financial statements and ratios of Mcway Managements Limited, buy the company report.
Board of directors of Mcway Managements Limited
Mcway Managements has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hardik Mukeshkumar Chaudhary | Director | 09 May 2019 | 7 Years 5 Months | Current |
| Kaushal Narsinhbhai Bhatol | Director | 09 May 2019 | 7 Years 5 Months | Current |
| Vijaykumar Madhabhai Chaudhari Also directs: Sunlovis Pharmaceuticals LLP | Director | 09 May 2019 | 7 Years 5 Months | Current |
Auditor
Mcway Managements Limited is audited by TIBREWALBHAGAT & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TIBREWALBHAGAT & ASSOCIATES | FY 2022 | 128374W |
Shareholding
The shareholding of Mcway Managements Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Mcway Managements Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Nov 2021 | 100510127 | The Kalupur Commercial Co-Operative Bank Limited | ₹52 Lakh | Satisfied |
To see the full charge records of Mcway Managements Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Mcway Managements 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
Mcway Managements Limited has 3 MSME Form 1 returns on record between 2023 and 2024, listing 6 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Yashvi Tours and Travels Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Mcway Managements Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Mcway Managements Limited has a workforce of 35 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Mcway Managements has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAMCM6609E1ZH | Gujarat | Active | 11 Jul 2020 |
| 22AAMCM6609E1ZL | Chattisgarh | Active | 12 Dec 2024 |
To see the full GST registrations and return filing status of Mcway Managements Limited, buy the company report.
Recent activity
Mcway Managements Limited has 3 board changes on record since 2019: 3 appointments. The latest: Hardik Mukeshkumar Chaudhary was appointed as Director on 09 May 2019.
Frequently asked questions
Mcway Managements is an active public limited company based in Gandhinagar, Gujarat, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 09 May 2019 (7+ years old) and is registered under CIN U74999GJ2019PLC108086.
Mcway Managements has 3 current directors:
- Hardik Mukeshkumar Chaudhary - Director
- Kaushal Narsinhbhai Bhatol - Director
- Vijaykumar Madhabhai Chaudhari - Director
The latest financial statements of Mcway Managements on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Mcway Managements is 24AAMCM6609E1ZH, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 22AAMCM6609E1ZL (Chattisgarh).
The CIN (Corporate Identification Number) of Mcway Managements is U74999GJ2019PLC108086. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mcway Managements was incorporated on 09 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Hardik Mukeshkumar Chaudhary was appointed as Director on 09 May 2019. Kaushal Narsinhbhai Bhatol was appointed as Director on 09 May 2019. Vijaykumar Madhabhai Chaudhari was appointed as Director on 09 May 2019.
Mcway Managements has 3 MSME Form 1 returns on record between 2023 and 2024, listing 6 overdue payments to 3 micro and small suppliers. The latest return was filed on 18 Apr 2024.
The registered office of Mcway Managements is at Plot No – 1055 Sector – 2 D, Gandhinagar, Gujarat, India – 382007.
Mcway Managements operates in the business outsourcing industry, in the business and IT consulting segment.
Mcway Managements has no open charges and satisfied charges of ₹52 Lakh as per latest MCA filings.

