- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-27-0000159

MDS Vision Private Limited
About MDS Vision Private Limited
Data last updated:
MDS Vision Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the data processing and IT services segment of the technology and IT services sector. It was incorporated on 01 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2020PTC139244. Its GSTIN is 29AANCM8664Q1Z6 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nagendra Rama Madival and Maruti Rama Madival.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.07 Cr, a decline of 60% compared to the previous year. For the same year it recorded a net loss of ₹2.22 Lakh (net margin -2.1%) and EBITDA of -₹2.22 Lakh (EBITDA margin -2.1%). Revenue has grown at a compounded annual rate (CAGR) of 931% over three years.
MDS Vision Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-27-0000159).
Company details
Recognitions & Rankings of MDS Vision
Contact details
MDS Vision Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.240 Setty Building Hosur Main Road Ward No 1, Bangalapet Bommasandra, Bangalore, Karnataka, India – 560099
- IndustryInformation Technology, Data Processing, Hosting And Related Activities
To see the full contact details of MDS Vision 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 MDS Vision is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of MDS Vision Private Limited, buy the company report.
Financials of MDS Vision Private Limited
FY 2024 filings availableMDS Vision Private Limited reported revenue of ₹1.07 Cr (down 60% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 60% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 931%. EBITDA fell 126% 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 |
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| EBITDA | -₹2.22 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹2.22 Lakh | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -2.1% | |||
| Net Profit Margin | -2.1% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of MDS Vision Private Limited, buy the company report.
Board of directors of MDS Vision Private Limited
MDS Vision 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 |
|---|---|---|---|---|
| Nagendra Rama Madival | Director | 24 Nov 2022 | 3 Years 10 Months | Current |
| Maruti Rama Madival | Director | 01 Oct 2020 | 6 Years 0 Months | Current |
Peer comparison
MDS Vision Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Apex-Decisions.Com Private Limited | ₹1.08 Cr (FY 2024) | -6.0% | Bangalore, Karnataka, India | |||
| Futorix Solutions Private Limited | ₹1.08 Cr (FY 2025) | -14.0% | Bangalore, Karnataka, India | |||
| Codesdesk Technology Private Limited | ₹1.08 Cr (FY 2025) | -20.0% | Mohali, Punjab, India | |||
| Cyberframe Infotech Private Limited | ₹1.08 Cr (FY 2025) | -13.0% | Ludhiana, Punjab, India | |||
| Total I T Software Solutions Private Limited | ₹1.08 Cr (FY 2025) | 6.0% | New Delhi, Delhi, India | |||
| MDS Vision Private Limitedthis company | ₹1.07 Cr (FY 2024) | -₹2.22 Lakh | -2.1% | -60.0% | Bangalore, Karnataka, India | |
| Netking Web Services Private Limited | ₹1.07 Cr (FY 2023) | -27.0% | Delhi, India | |||
| Triquetro Infotech Private Limited | ₹1.06 Cr (FY 2019) | Bengaluru, Karnataka, India | ||||
| Beatroot Finserv Private Limited | ₹1.06 Cr (FY 2024) | 161.0% | Hyderabad, Telangana, India | |||
| Dynamix Digitech Private Limited | ₹1.06 Cr (FY 2025) | 19.0% | Thane, Maharashtra, India | |||
| Bharat Electro Equipments Industries Private Limited | ₹1.06 Cr (FY 2025) | 105.0% | Kolkata, West Bengal, India |
To see the full peer comparison of MDS Vision Private Limited, buy the company report.
Auditor
MDS Vision Private Limited is audited by SHANTHA KUMARA AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHANTHA KUMARA AND CO | FY 2023 | 239262 |
Shareholding
The shareholding of MDS Vision Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of MDS Vision Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving MDS Vision 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 MDS Vision Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
MDS Vision Private Limited has 1 active EPFO establishment as of Mar 30, 2024.
GST
MDS Vision has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AANCM8664Q1Z6 | Karnataka | Active | 21 Jun 2021 |
To see the full GST registrations and return filing status of MDS Vision Private Limited, buy the company report.
Recent activity
MDS Vision Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Darshan Annappa Madival ceased to be Director on 26 Nov 2022.
Frequently asked questions
MDS Vision is an active private limited company based in Bangalore, Karnataka, India. The company works in data processing, within the information technology industry. It was incorporated on 01 October 2020 (6+ years old) and is registered under CIN U74999KA2020PTC139244.
MDS Vision has 2 current directors:
- Nagendra Rama Madival - Director
- Maruti Rama Madival - Director
The latest financial statements of MDS Vision 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 FY 2021 are in the company report.
The GSTIN of MDS Vision is 29AANCM8664Q1Z6, registered in Karnataka.
The CIN (Corporate Identification Number) of MDS Vision is U74999KA2020PTC139244. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MDS Vision was incorporated on 01 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of MDS Vision by revenue are Apex-Decisions.Com Private Limited, Futorix Solutions Private Limited, Codesdesk Technology Private Limited, Cyberframe Infotech Private Limited, Total I T Software Solutions Private Limited and 5 more, all in the same principal business activity (data processing, hosting and related activities; web portal).
Darshan Annappa Madival ceased to be Director on 26 Nov 2022. Pradeepa ceased to be Director on 26 Nov 2022. Nagendra Rama Madival was appointed as Director on 24 Nov 2022. MDS Vision has 4 board changes on record in total.
Yes, MDS Vision is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-27-0000159).
The registered office of MDS Vision is at No.240 Setty Building Hosur Main Road Ward No 1, Bangalapet Bommasandra, Bangalore, Karnataka, India – 560099.
MDS Vision operates in the information technology industry, in the data processing segment.