MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-02-0005783
Mepserve India Private Limited - consumer electronics & durables in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹52.13 Cr
▲ 143% YoY
Net profit · FY 2025
₹4.54 Cr
Net margin 8.7%
EBITDA · FY 2025
₹6.42 Cr
EBITDA margin 12.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹3.68 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
8
Provident fund records
About Mepserve India Private Limited
Data last updated:
Mepserve India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Mepserve Fzco. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 14 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2018PTC113954. Its GSTIN is 29AALCM9097K1ZF (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Everesto Fernandes and Bharathesh Kavor Kumar.
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 No.371/D 3rd Floor Nanjegowda Building Kannamangala Devanahalli Taluk, Bangalore, Karnataka, India – 562110.
As per the financials filed for FY 2025, the company reported a revenue of ₹52.13 Cr, a growth of 143% compared to the previous year. For the same year it recorded a net profit of ₹4.54 Cr (net margin 8.7%) and EBITDA of ₹6.42 Cr (EBITDA margin 12.3%). Revenue has grown at a compounded annual rate (CAGR) of 81% over three years and 64% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.68 Cr on record. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2022. Its 10 peer companies in the same principal business activity (wholesale trading) are compared by revenue, 5 larger and 5 smaller; the largest is Bagaria Agencies Private Limited with revenue of ₹52.15 Cr.
Mepserve India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-02-0005783). For more details, the company can be reached via its website mepserve.com.
Company details
CIN U51909KA2018PTC113954
Registration Number 113954
Incorporation Date 14 June 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Mepserve Fzco
MSME Classification MSME
Udyam Registration UDYAM-KR-02-0005783
Recognitions & Rankings of Mepserve India
Contact details
Mepserve India Private Limited's registered office is in Bangalore, Karnataka. Its website is mepserve.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.371/D 3rd Floor Nanjegowda Building Kannamangala Devanahalli Taluk, Bangalore, Karnataka, India – 562110
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Mepserve India Private Limited, buy the company report.
Comprehensive company report
Mepserve India 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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Business activity
The main business activity of Mepserve India 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 Mepserve India Private Limited, buy the company report.
Financials of Mepserve India Private Limited
FY 2025 filings availableMepserve India Private Limited reported revenue of ₹52.13 Cr (up 143% YoY) for FY 2025.
Revenue · FY 2025
₹52.13 Cr ▲ 143%
Net profit · FY 2025
₹4.54 Cr margin 8.7%
EBITDA · FY 2025
₹6.42 Cr margin 12.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 143%
3 years · compounded
▲ 81%
5 years · compounded
▲ 64%
EBITDA CAGR growth
1 year
▲ 149%
3 years · compounded
▲ 87%
5 years · compounded
▲ 89%
Revenue has grown at a compounded annual rate (CAGR) of 64% over five years, including 143% growth in the latest year. EBITDA rose 149% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹6.42 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.54 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.3% | ||||
| Net Profit Margin | 8.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| 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 Mepserve India Private Limited, buy the company report.
Board of directors of Mepserve India Private Limited
Mepserve India has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Everesto Fernandes | Director | 14 Jun 2018 | 8 Years 4 Months | Current |
| Bharathesh Kavor Kumar | Director | 14 Jun 2018 | 8 Years 4 Months | Current |
Peer comparison
Mepserve India 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 |
|---|---|---|---|---|---|---|
| Bagaria Agencies Private Limited | ₹52.15 Cr (FY 2025) | 37.0% | Kolkata, West Bengal, India | |||
| MKT Steels Private Limited | ₹52.15 Cr (FY 2024) | 66262.0% | Kolkata, West Bengal, India | |||
| Anekantsagar Agro Private Limited | ₹52.14 Cr (FY 2025) | 35.0% | Jaipur, Rajasthan, India | |||
| Pranay Overseas Private Limited | ₹52.14 Cr (FY 2017) | 467.0% | Delhi, India | |||
| Agnice Fire Protection Private Limited | ₹52.14 Cr (FY 2025) | 0.0% | Chennai, Tamil Nadu, India | |||
| Mepserve India Private Limitedthis company | ₹52.13 Cr (FY 2025) | ₹4.54 Cr | 8.7% | 143.0% | 8 | Bangalore, Karnataka, India |
| Jarak Jewels and Gems Private Limited | ₹52.12 Cr (FY 2024) | -43.0% | Mandsaur, Madhya Pradesh, India | |||
| Carions Healthcare Private Limited | ₹52.11 Cr (FY 2018) | 7646.0% | Delhi, India | |||
| Raghuvanshi Motors Private Limited | ₹52.1 Cr (FY 2024) | 15.0% | Navsari, Gujarat, India | |||
| Hariom Metallics Private Limited | ₹52.07 Cr (FY 2024) | 886.0% | Raipur, Chhattisgarh, India | |||
| Kesar Impex Floor Concepts Private Limited | ₹52.07 Cr (FY 2024) | 19.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Mepserve India Private Limited, buy the company report.
Auditor
Mepserve India Private Limited is audited by R V K S And Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R V K S And Associates | FY 2023 | 008572S |
Shareholding
The shareholding of Mepserve India 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 Mepserve India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.68 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jun 2023 | 100915685 | Hdfc Bank Limited | ₹3.5 Cr | Open | |
| 15 Sep 2022 | 100652554 | Hdfc Bank Limited | ₹18.15 Lakh | Open |
To see the full charge records of Mepserve India Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Mepserve India Private Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2022.
Total deals
2
Secondary share transfers
2
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Mepserve India 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 Mepserve India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mepserve India Private Limited has a workforce of 8 employees on its EPFO records as of Oct 28, 2024, across 1 active EPFO establishment.
Employee count
8
Active EPFO establishments
1
Employee growth
14.29%
GST
Mepserve India has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCM9097K1ZF | Karnataka | Active | 06 Jul 2018 |
| 32AALCM9097K1ZS | Kerala | Active | 13 Apr 2023 |
To see the full GST registrations and return filing status of Mepserve India Private Limited, buy the company report.
Recent activity
Mepserve India Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Bharathesh Kavor Kumar was appointed as Director on 14 Jun 2018.
AGM
Mepserve India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mepserve India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited of Rs. 350.00 Lakh registered on 09 Jun 2023 with Charge ID 100915685 was modified on 10 Mar 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 350.00 Lakh with Charge ID 100915685 was registered on 09 Jun 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 18.15 Lakh with Charge ID 100652554 was registered on 15 Sep 2022.
Appointed
Bharathesh Kavor Kumar was appointed as Director.
Appointed
Everesto Fernandes was appointed as Director.
Incorporation
14 Jun 2018
Mepserve India Private Limited was registered on 14 Jun 2018 with Roc Bangalore & aged 8 years 4 months as per MCA records.
Frequently asked questions
Mepserve India is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 14 June 2018 (8+ years old) and is registered under CIN U51909KA2018PTC113954.
Mepserve India has 2 current directors:
- Everesto Fernandes - Director
- Bharathesh Kavor Kumar - Director
The latest financial statements of Mepserve India 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 2019 are in the company report.
The GSTIN of Mepserve India is 29AALCM9097K1ZF, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 32AALCM9097K1ZS (Kerala).
The CIN (Corporate Identification Number) of Mepserve India is U51909KA2018PTC113954. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mepserve India was incorporated on 14 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Mepserve India has 2 deals on record (2 secondary share transfers); the latest was in March 2022.
The peers of Mepserve India by revenue are Bagaria Agencies Private Limited, MKT Steels Private Limited, Anekantsagar Agro Private Limited, Pranay Overseas Private Limited, Agnice Fire Protection Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Bharathesh Kavor Kumar was appointed as Director on 14 Jun 2018. Everesto Fernandes was appointed as Director on 14 Jun 2018.
Yes, Mepserve India is registered as an MSME under Udyam registration (number: UDYAM-KR-02-0005783).
Mepserve India can be reached through the website mepserve.com. Its registered office is in Bangalore, Karnataka, India.
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