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Memories Interior Designs E-Commerce Private Limited - e-commerce in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹8.67 Cr
▲ 44% YoY
Net profit · FY 2024
₹31.55 Lakh
Net margin 3.6%
EBITDA · FY 2024
₹39.05 Lakh
EBITDA margin 4.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.03 Lakh
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
18
Provident fund records
About Memories Interior Designs E-Commerce Private Limited
Data last updated:
Memories Interior Designs E-Commerce Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 26 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC105024. Its GSTIN is 29AALCM2246A1ZN (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.03 Lakh. It is led by directors including Ankush Dixit and Rohit Rai.
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 ₹8.67 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹31.55 Lakh (net margin 3.6%) and EBITDA of ₹39.05 Lakh (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 67% over three years and 58% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Magical Nest. As per MCA filings, the company has open charges of ₹1 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magicalnest.com.
Company details
CIN U74999KA2017PTC105024
Registration Number 105024
Incorporation Date 26 July 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Memories Interior Designs E-Commerce
Contact details
Memories Interior Designs E-Commerce Private Limited's registered office is in Bangalore, Karnataka. Its website is magicalnest.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBhive Workspace No 1794/36/3, 27th Main Road Near Power Station 2nd Sector, Bangalore, Karnataka, India – 560102
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Memories Interior Designs E-Commerce Private Limited, buy the company report.
Comprehensive company report
Memories Interior Designs E-Commerce Private Limited - one report that includes everything
- 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
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Brands
Memories Interior Designs E-Commerce operates one associated brand: Magical Nest. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Kids' furniture is offered online with customization options. | magicalnest.com |
Business activity
The main business activity of Memories Interior Designs E-Commerce is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Memories Interior Designs E-Commerce Private Limited, buy the company report.
Financials of Memories Interior Designs E-Commerce Private Limited
FY 2024 filings availableMemories Interior Designs E-Commerce Private Limited reported revenue of ₹8.67 Cr (up 44% YoY) for FY 2024.
Revenue · FY 2024
₹8.67 Cr ▲ 44%
Net profit · FY 2024
₹31.55 Lakh margin 3.6%
EBITDA · FY 2024
₹39.05 Lakh margin 4.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 44%
3 years · compounded
▲ 67%
5 years · compounded
▲ 58%
EBITDA CAGR growth
1 year
▲ 74%
3 years · compounded
▲ 41%
5 years · compounded
▲ 23%
Revenue has grown at a compounded annual rate (CAGR) of 58% over five years, including 44% growth in the latest year. EBITDA rose 74% 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 |
|---|---|---|---|---|---|
| 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 | ₹39.05 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹31.55 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 | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | ||||
| Net Profit Margin | 3.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Memories Interior Designs E-Commerce Private Limited, buy the company report.
Board of directors of Memories Interior Designs E-Commerce Private Limited
Memories Interior Designs E-Commerce has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankush Dixit Also directs: Raanro Interior Technology Designs Private Limited | Director | 19 Jul 2022 | 4 Years 3 Months | Current |
| Rohit Rai Also directs: Raanro Interior Technology Designs Private Limited | Director | 26 Jul 2017 | 9 Years 3 Months | Current |
| Rahul Bhatt Also directs: Raanro Interior Technology Designs Private Limited | Director | 26 Nov 2021 | 4 Years 11 Months | Current |
Peer comparison
Memories Interior Designs E-Commerce Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Broad Based Ecommerce, Home Furnishings Manufacturers), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| A.N. Farm Assortment Private Limited | ₹8.75 Cr (FY 2025) | 1563.0% | New Delhi, Delhi, India | |||
| Memories Interior Designs E-Commerce Private Limitedthis company | ₹8.67 Cr (FY 2024) | ₹31.55 Lakh | 3.6% | 44.0% | Bangalore, Karnataka, India | |
| Eduport Global Private Limited | ₹8.65 Cr (FY 2025) | 223.0% | Delhi, India | |||
| Orange Tree Home Private Limited | ₹8.64 Cr (FY 2024) | 15.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Memories Interior Designs E-Commerce Private Limited, buy the company report.
Auditor
Memories Interior Designs E-Commerce Private Limited is audited by ANIL DSOUZA AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANIL DSOUZA AND ASSOCIATES | FY 2023 | 013346S |
Shareholding
The shareholding of Memories Interior Designs E-Commerce Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Memories Interior Designs E-Commerce Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Dec 2023 | 100854179 | Others | ₹1 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Memories Interior Designs E-Commerce 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 Memories Interior Designs E-Commerce Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Memories Interior Designs E-Commerce has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCM2246A1ZN | Karnataka | Active | 01 Aug 2017 |
To see the full GST registrations and return filing status of Memories Interior Designs E-Commerce Private Limited, buy the company report.
Recent activity
Memories Interior Designs E-Commerce Private Limited has 6 board changes on record since 2017: 3 appointments and 3 cessations. The latest: Ankush Dixit ceased to be Additional Director on 30 Sep 2022.
AGM
Memories Interior Designs E-Commerce Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Memories Interior Designs E-Commerce Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100854179 was registered on 11 Dec 2023.
Ceased
Ankush Dixit ceased to be Additional Director.
Appointed
Ankush Dixit was appointed as Director.
Ceased
Rahul Bhatt ceased to be Additional Director.
Appointed
Rahul Bhatt was appointed as Director.
Ceased
Padmashreebhaktava Rajaiah ceased to be Additional Director.
Appointed
Rohit Rai was appointed as Director.
Incorporation
26 Jul 2017
Memories Interior Designs E-Commerce Private Limited was registered on 26 Jul 2017 with Roc Bangalore & aged 9 years 3 months as per MCA records.
Frequently asked questions
Memories Interior Designs E-Commerce is an active private limited company based in Bangalore, Karnataka, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 26 July 2017 (9+ years old) and is registered under CIN U74999KA2017PTC105024.
Memories Interior Designs E-Commerce has 3 current directors:
- Ankush Dixit - Director
- Rohit Rai - Director
- Rahul Bhatt - Director
The latest financial statements of Memories Interior Designs E-Commerce 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 2018 are in the company report.
The GSTIN of Memories Interior Designs E-Commerce is 29AALCM2246A1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Memories Interior Designs E-Commerce is U74999KA2017PTC105024. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Memories Interior Designs E-Commerce was incorporated on 26 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Memories Interior Designs E-Commerce by revenue are A.N. Farm Assortment Private Limited, Eduport Global Private Limited, Orange Tree Home Private Limited, all in the Consumer Products industry (Broad Based Ecommerce, Home Furnishings Manufacturers), with the same principal business activity (retail trading).
Ankush Dixit ceased to be Additional Director on 30 Sep 2022. Ankush Dixit was appointed as Director on 19 Jul 2022. Rahul Bhatt ceased to be Additional Director on 30 Nov 2021. Memories Interior Designs E-Commerce has 6 board changes on record in total.
Yes, Memories Interior Designs E-Commerce is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Memories Interior Designs E-Commerce can be reached through the website magicalnest.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Memories Interior Designs E-Commerce is at Bhive Workspace No 1794363, 27th Main Road Near Power Station 2nd Sector, Bangalore, Karnataka, India – 560102.
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