Memmo Global Telecommunications Private Limited

Memmo Global Telecommunications Private Limited - consumer electronics & durables in Visakhapatnam, Andhra Pradesh, India. Directors, charges & compliance details.
CIN U64202AP2010PTC066723 Incorporated 20 January 2010 ROC Vijayawada HQ Visakhapatnam, Andhra Pradesh, India
Struck Off Private Limited Company consumer electronics and durables
Data last updated
Revenue · FY 2019
₹7.17 Cr
▼ 75% YoY
Net loss · FY 2019
₹70 Lakh
Net margin -9.8%
EBITDA · FY 2019
-₹1.35 Cr
EBITDA margin -18.9%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹7 Lakh
Issued & subscribed
Satisfied charges
₹3.8 Cr
No open charges
Company age
16 yrs
Est. 2010
Employees · EPFO
20
Provident fund records

About Memmo Global Telecommunications Private Limited

Data last updated:

Memmo Global Telecommunications Private Limited was a private limited company based in Visakhapatnam, Andhra Pradesh, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 20 January 2010.

The company was registered with the Registrar of Companies (ROC), Vijayawada, under CIN U64202AP2010PTC066723. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹7 Lakh. It was led by directors including Rashmi Lakhyani and Kailash Lakhyani.

Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Door No.30 – 15 – 133 Opp: Post Office Daba Garden, Visakhapatnam, Andhra Pradesh, India – 530020.

As per the financials filed for FY 2019, the company reported a revenue of ₹7.17 Cr, a decline of 75% compared to the previous year. For the same year it recorded a net loss of ₹70 Lakh (net margin -9.8%) and EBITDA of -₹1.35 Cr (EBITDA margin -18.9%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years.

The company had about 20 employees on its provident fund (EPFO) records before it was struck off.

As per MCA filings, the company had satisfied charges of ₹3.8 Cr on record. Court records list 1 case involving the company.

The last known website on record is memmomobiles.com.

Company Details of Memmo Global Telecommunications Private Limited
CIN U64202AP2010PTC066723
Registration Number 066723
Incorporation Date 20 January 2010
ROC Vijayawada
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    Door No.30 – 15 – 133 Opp: Post Office Daba Garden, Visakhapatnam, Andhra Pradesh, India – 530020
  • Industry
    Consumer Electronics & Durables, Electronic Appliances Retail & Distribution
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Financials, compliance, directors, charges, ownership and filings for Memmo Global Telecommunications Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Memmo Global Telecommunications Private Limited

The main business activity of Memmo Global Telecommunications is information and communication. In detail, this covers other information & communication service activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ8Other information & communication service activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Memmo Global Telecommunications Private Limited FY 2019 filings available

Memmo Global Telecommunications Private Limited reported revenue of ₹7.17 Cr (down 75% YoY) for FY 2019.

Revenue · FY 2019
₹7.17 Cr ▼ 75%
Net loss · FY 2019
₹70 Lakh margin -9.8%
EBITDA · FY 2019
-₹1.35 Cr margin -18.9%

Compounded Annual Growth Rate (CAGR) of Memmo Global Telecommunications Private Limited

Revenue CAGR growth
1 year
▼ 75%
3 years · compounded
▼ 31%
EBITDA CAGR growth
1 year
▼ 222%
3 years · compounded
▼ 65%

Revenue has declined at a compounded annual rate (CAGR) of 31% over three years, including a 75% fall in the latest year. EBITDA fell 222% 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 of Memmo Global Telecommunications Private Limited

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
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-₹1.35 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹70 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 Memmo Global Telecommunications Private Limited

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-18.9%••••••••••••••••
Net Profit Margin-9.8%••••••••••••••••
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 Memmo Global Telecommunications are in the company report.

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Financial statements from 2015

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Peer Comparison of Memmo Global Telecommunications Private Limited

Memmo Global Telecommunications Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Paliwal Telecommunication Private Limited₹7.2 Cr (FY 2024)••••••••32.0%••••Etawah, Uttar Pradesh, India
Stucke Elektronik India Private Limited₹7.2 Cr (FY 2025)••••••••3.0%••••Thane, Maharashtra, India
Green Mep Private Limited₹7.19 Cr (FY 2022)••••••••63.0%••••Mumbai, Maharashtra, India
Esaad Telecom Private Limited₹7.18 Cr (FY 2025)••••••••84.0%••••New Delhi, Delhi, India
Pencil Industries Private Limited₹7.17 Cr (FY 2025)••••••••159.0%••••Chennai, Tamil Nadu, India
Memmo Global Telecommunications Private Limited this company₹7.17 Cr (FY 2019)••••••••-75.0%••••Visakhapatnam, Andhra Pradesh, India
Raichand and Sons (Electricals) Private Limited₹7.17 Cr (FY 2025)••••••••-28.0%••••Mumbai, Maharashtra, India
Coolways Conditioning Pvt Ltd₹7.16 Cr (FY 2025)••••••••20.0%••••Chandigarh, India
CMM Services (India) Private Limited₹7.16 Cr (FY 2025)••••••••46.0%••••New Delhi, Delhi, India
New-Edge Industrial Solutions Private Limited₹7.16 Cr (FY 2025)••••••••261.0%••••Kolkata, West Bengal, India
Avets Engineering India Private Limited₹7.14 Cr (FY 2024)••••••••26.0%••••Thane, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Memmo Global Telecommunications by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), 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 Memmo Global Telecommunications Private Limited

Memmo Global Telecommunications Private Limited is audited by BALNAGU & CO for the financial year 2018.

NameStatusAppointment DateCessation Date
BALNAGU & COLockedLockedLocked
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Board of Directors of Memmo Global Telecommunications Private Limited

Memmo Global Telecommunications has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Rashmi LakhyaniDirector20 Jan 201016 Years 8 MonthsAs last reported
Kailash LakhyaniDirector20 Jan 201016 Years 8 MonthsAs last reported
Jyotsna LakhyaniDirector30 May 201313 Years 4 MonthsAs last reported
Jitender LakhyaniDirector20 Jan 201016 Years 8 MonthsAs last reported

Ownership and Shareholding of Memmo Global Telecommunications Private Limited

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Charges & Borrowings of Memmo Global Telecommunications Private Limited

Open charges
None
Satisfied charges
₹3.8 Cr
Breakdown by lending institutions
Axis Bank Limited₹2.50 Cr
State Bank of India₹1.05 Cr
Syndicate Bank₹0.25 Cr
Latest charge details
DateLenderAmountStatus
31 Dec 2014Axis Bank Limited₹2.5 CrSatisfied
22 Apr 2013State Bank of India₹1.05 CrSatisfied
01 Nov 2010Syndicate Bank₹25 LakhSatisfied

Total charge records: 3 View all charges

Employees and EPFO Compliance at Memmo Global Telecommunications Private Limited

Memmo Global Telecommunications Private Limited has a workforce of 20 employees as of Mar 21, 2024.

Employee count
20
Active EPFO establishments
1
Employee growth
-4.76%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Memmo Global Telecommunications Private Limited

Memmo Global Telecommunications Private Limited has 6 board changes on record since 2010: 4 appointments and 2 cessations. The latest: Tarunkumar Addepalli ceased to be Director on 01 Feb 2018.

AGM
Memmo Global Telecommunications Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Filing
Memmo Global Telecommunications Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Vijayawada.
Charges
A charge registered on 31 Dec 2014 via Charge ID 10551639 with Axis Bank Limited was fully satisfied on 14 Feb 2019.
Ceased
Tarunkumar Addepalli ceased to be Director.
Charges
A charge registered on 22 Apr 2013 via Charge ID 10422002 with State Bank Of India was fully satisfied on 02 Jan 2015.
Charges
A charge with Axis Bank Limited amounted to Rs. 2.50 Cr with Charge ID 10551639 was registered on 31 Dec 2014.
Appointed
Jyotsna Lakhyani was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 1.05 Cr with Charge ID 10422002 was registered on 22 Apr 2013.
Charges
A charge registered on 01 Nov 2010 via Charge ID 10250459 with Syndicate Bank was fully satisfied on 13 Apr 2013.
Charges
A charge with Syndicate Bank amounted to Rs. 0.25 Cr with Charge ID 10250459 was registered on 01 Nov 2010.
Ceased
Yerabolu Srinivas ceased to be Additional Director.
Appointed
Jitender Lakhyani was appointed as Director.

3 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Memmo Global Telecommunications Private Limited

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MSME Payment Delays by Memmo Global Telecommunications Private Limited

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Subsidiaries & Group Companies of Memmo Global Telecommunications Private Limited

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GST Compliance of Memmo Global Telecommunications Private Limited

Memmo Global Telecommunications has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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MCA Filings & Documents of Memmo Global Telecommunications Private Limited

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Frequently Asked Questions about Memmo Global Telecommunications Private Limited

Memmo Global Telecommunications has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Memmo Global Telecommunications was a private limited company based in Visakhapatnam, Andhra Pradesh, India. The company worked in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 20 January 2010 and is registered under CIN U64202AP2010PTC066723. The company has been struck off by the Registrar of Companies and is no longer operational.

Memmo Global Telecommunications had 4 directors:

The CIN (Corporate Identification Number) of Memmo Global Telecommunications is U64202AP2010PTC066723. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Memmo Global Telecommunications is at Door No.30 – 15 – 133 Opp: Post Office Daba Garden, Visakhapatnam, Andhra Pradesh, India – 530020.

Memmo Global Telecommunications was incorporated on 20 January 2010. It is registered with the Registrar of Companies, Vijayawada.

Memmo Global Telecommunications can be reached through the website memmomobiles.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.

Memmo Global Telecommunications reported revenue of ₹7.17 Cr for FY 2019 (down 75% YoY).

Memmo Global Telecommunications has an authorised share capital of ₹1 Cr and a paid-up capital of ₹7 Lakh.

Memmo Global Telecommunications reported a net loss of ₹70 Lakh (net margin -9.8%) and EBITDA of -₹1.35 Cr (EBITDA margin -18.9%) for FY 2019, as per its filed financial statements.

No. Memmo Global Telecommunications has 1 GST registration on record and it is cancelled or inactive.

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