Startup India Government of India
Mems Innovations Private Limited
Mems Innovations Private Limited - e-commerce in Nashik, Maharashtra, India. Directors, charges & compliance details.
Revenue · FY 2024
₹2.51 Cr
▲ 308% YoY
Net profit · FY 2024
₹5.1 Lakh
Net margin 2%
EBITDA · FY 2024
₹5.15 Lakh
EBITDA margin 2.1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹55 Lakh
Secured borrowings
Company age
4 yrs
Est. 2022
Directors on board
3
As per MCA filings
About Mems Innovations Private Limited
Data last updated:
Mems Innovations Private Limited is a private limited company based in Nashik, Maharashtra, India, recognised as a startup by DPIIT. It operates in the online retail and e-commerce segment of the e-commerce sector. It was incorporated on 07 April 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52590MH2022PTC380136.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Akshay Anil Bhavsar and Ankit Gurjar.
Its last annual general meeting (AGM) was held on 03 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 8 Shriram Niwas Chhatrapati Colony Vadner Road Water Tank, Nashik, Maharashtra, India – 422101.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.51 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.1 Lakh (net margin 2%) and EBITDA of ₹5.15 Lakh (EBITDA margin 2.1%).
As per MCA filings, the company has open charges of ₹55 Lakh on record.
Mems Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0087452).
Company details
CIN U52590MH2022PTC380136
Registration Number 380136
Incorporation Date 07 April 2022
ROC Mumbai
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-23-0087452
Key People
Akshay Anil Bhavsar Director Ankit Gurjar Director Surabhi Chandrashekhar Gawali Director Recognitions & Rankings of Mems Innovations
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-MH-23-0087452
Contact details
Mems Innovations Private Limited's registered office is in Nashik, Maharashtra.
- Registered AddressPlot No. 8 Shriram Niwas Chhatrapati Colony Vadner Road Water Tank, Nashik, Maharashtra, India – 422101
- IndustryE-Commerce, Online Store, Retailers
Comprehensive company report
Mems Innovations 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Mems Innovations is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Mems Innovations Private Limited, buy the company report.
Financials of Mems Innovations Private Limited
FY 2025 filings availableMems Innovations Private Limited reported revenue of ₹2.51 Cr (up 308% YoY) for FY 2024.
Revenue · FY 2024
₹2.51 Cr ▲ 308%
Net profit · FY 2024
₹5.1 Lakh margin 2%
EBITDA · FY 2024
₹5.15 Lakh margin 2.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 308%
EBITDA CAGR growth
1 year
▲ 149%
Revenue rose 308% in the latest year. EBITDA rose 149% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | ₹5.15 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹5.1 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
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 2.1% | |
| Net Profit Margin | 2% | |
| 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 Mems Innovations Private Limited, buy the company report.
Board of directors of Mems Innovations Private Limited
Mems Innovations has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akshay Anil Bhavsar Also directs: Arka Enercon Private Limited | Director | 07 Apr 2022 | 4 Years 7 Months | Current |
| Ankit Gurjar | Director | 07 Apr 2022 | 4 Years 7 Months | Current |
| Surabhi Chandrashekhar Gawali | Director | 07 Apr 2022 | 4 Years 7 Months | Current |
Peer comparison
Mems Innovations Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shweta Spirits Private Limited | ₹2.51 Cr (FY 2025) | 11.0% | Jaipur, Rajasthan, India | |||
| Marble Point (Kolkata) Private Limited | ₹2.51 Cr (FY 2024) | 8.0% | West Bengal, India | |||
| Keen Infotech (India) Private Limited | ₹2.51 Cr (FY 2025) | 32.0% | Mumbai, Maharashtra, India | |||
| R N Goyal Exports Private Limited | ₹2.51 Cr (FY 2024) | -11.0% | Hapur, Uttar Pradesh, India | |||
| Trustworth Infracore Private Limited | ₹2.51 Cr (FY 2024) | 13.0% | Bangalore, Karnataka, India | |||
| Mems Innovations Private Limitedthis company | ₹2.51 Cr (FY 2024) | ₹5.1 Lakh | 2% | 308.0% | Nashik, Maharashtra, India | |
| Youget Agro Organic Foods Private Limited | ₹2.51 Cr (FY 2024) | 90.0% | Aurangabad, Maharashtra, India | |||
| Anmaul Industrial Private Limited | ₹2.51 Cr (FY 2024) | 1210.0% | Mumbai, Maharashtra, India | |||
| Dbott Biotec Private Limited | ₹2.51 Cr (FY 2024) | -1.0% | New Delhi, Delhi, India | |||
| Padm Frtec India Private Limited | ₹2.51 Cr (FY 2025) | 128.0% | Mumbai, Maharashtra, India | |||
| Sugandham Hybrid Seeds Private Limited | ₹2.51 Cr (FY 2023) | -16.0% | Hisar, Haryana, India |
To see the full peer comparison of Mems Innovations Private Limited, buy the company report.
Charges & borrowings
Open charges
₹55 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Sep 2024 | 100971769 | State Bank of India | ₹55 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Mems Innovations 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 Mems Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Mems Innovations Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mems Innovations Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Akshay Anil Bhavsar was appointed as Director on 07 Apr 2022.
AGM
Mems Innovations Private Limited last Annual general meeting of members was held on 03 Sep 2025 as per latest MCA records.
Filing
Mems Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Charges
A charge with State Bank Of India amounted to Rs. 55.00 Lakh with Charge ID 100971769 was registered on 10 Sep 2024.
Appointed
Akshay Anil Bhavsar was appointed as Director.
Appointed
Ankit Gurjar was appointed as Director.
Appointed
Surabhi Chandrashekhar Gawali was appointed as Director.
Incorporation
07 Apr 2022
Mems Innovations Private Limited was registered on 07 Apr 2022 with Roc Mumbai Ii & aged 4 years 7 months as per MCA records.
Frequently asked questions
Mems Innovations is an active private limited company based in Nashik, Maharashtra, India. The company works in online store, within the e-commerce industry. It was incorporated on 07 April 2022 (4+ years old) and is registered under CIN U52590MH2022PTC380136.
Mems Innovations has 3 current directors:
- Akshay Anil Bhavsar - Director
- Ankit Gurjar - Director
- Surabhi Chandrashekhar Gawali - Director
The latest financial statements of Mems Innovations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 03 September 2025. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Mems Innovations is U52590MH2022PTC380136. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mems Innovations was incorporated on 07 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mems Innovations by revenue are Shweta Spirits Private Limited, Marble Point (Kolkata) Private Limited, Keen Infotech (India) Private Limited, R N Goyal Exports Private Limited, Trustworth Infracore Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Akshay Anil Bhavsar was appointed as Director on 07 Apr 2022. Ankit Gurjar was appointed as Director on 07 Apr 2022. Surabhi Chandrashekhar Gawali was appointed as Director on 07 Apr 2022.
Yes, Mems Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Mems Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-23-0087452).
The registered office of Mems Innovations is at Plot No. 8 Shriram Niwas Chhatrapati Colony Vadner Road Water Tank, Nashik, Maharashtra, India – 422101.
Mems Innovations operates in the e-commerce industry, in the online store segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages