Mifm Operations Private Limited
About Mifm Operations Private Limited
Data last updated:
Mifm Operations Private Limited is a private limited company based in Ahmadabad City, Gujarat, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 27 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2016PTC094885. Its GSTIN is 24AAKCM7403Q1Z0 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Alisha Gidwani and Shashank Dhanpatrai Kapoor.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Ahmadabad City, Gujarat.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.97 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹12.04 Lakh (net margin 3%) and EBITDA of ₹34.64 Lakh (EBITDA margin 8.7%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years.
The company has about 134 employees on its provident fund (EPFO) records.
Court records list 17 cases involving the company, including 17 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address302 3rd Floor 3rd Eye One Building Opp Honest Restaurant, Above Malabar Gold Showroom Cg Road Ahmedabad, Ahmadabad City, Gujarat, India – 380009
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
- 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
- One PDF report, delivered after checkout
Business Activity of Mifm Operations Private Limited
The main business activity of Mifm Operations is personal and household service. In detail, this covers other personal service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| S | Personal and Household service | S4 | Other Personal service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Mifm Operations Private Limited FY 2021 filings available
Mifm Operations Private Limited reported revenue of ₹3.97 Cr (down 21% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Mifm Operations Private Limited
Revenue fell 21% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA rose 11% 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 Mifm Operations Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹3.97 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹34.64 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹12.04 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 Mifm Operations Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3% | •••• | •••• | •••• | •••• |
| 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 Mifm Operations are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Mifm Operations Private Limited
Mifm Operations Private Limited is compared with the companies closest to it by revenue in the Business Services industry (Facility Management Services, HR Outsourcing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bisentech Zone Private Limited | •••• | •••• | •••• | •••• | 178 | Lucknow, Uttar Pradesh, India |
| Synigence Global Services Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Symmetrical Global Search Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Maatrom HR Solution Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Paradigm Ventures Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Mifm Operations Private Limited this company | •••• | •••• | •••• | •••• | - | Ahmadabad City, Gujarat, India |
| Ato Cleanroom Equipment Private Limited | •••• | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
| Profex Tech Private Limited | •••• | •••• | •••• | •••• | 75 | Delhi, India |
| Geranium Remedies Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Optimizer India Services Private Limited | •••• | •••• | •••• | •••• | - | Goregaon West, Maharashtra, India |
| Meghana House Keeping Consultancy Services Private Limited | •••• | •••• | •••• | •••• | - | Hyderabady, Telangana, India |
Peers are the five companies nearest above and the five nearest below Mifm Operations by revenue in the Business Services industry (Facility Management Services, HR Outsourcing), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Mifm Operations Private Limited
Mifm Operations Private Limited is audited by ANJU RAMNANI AND ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ANJU RAMNANI AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Mifm Operations Private Limited
Mifm Operations has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alisha Gidwani Also directs: Magma Integrated Services LLP | Director | 27 Dec 2016 | 9 Years 9 Months | Current |
| Shashank Dhanpatrai Kapoor Also directs: Magma Integrated Services LLP | Director | 27 Dec 2016 | 9 Years 9 Months | Current |
Ownership and Shareholding of Mifm Operations Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mifm Operations Private Limited
Mifm Operations Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Mifm Operations Private Limited
Mifm Operations Private Limited has 17 court cases on record: 17 filed against it. 1 case is pending and 16 are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 17 | 1 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by State of Gujarat | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
Full case history
All 17 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Mifm Operations Private Limited
Mifm Operations Private Limited has a workforce of 134 employees as of Apr 10, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Mifm Operations Private Limited
Mifm Operations Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Alisha Gidwani was appointed as Director on 27 Dec 2016.
Credit Ratings, Litigation & Regulatory Alerts for Mifm Operations Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Mifm Operations Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mifm Operations Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Mifm Operations Private Limited
Mifm Operations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCM7403Q1Z0 | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mifm Operations Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Mifm Operations Private Limited
Mifm Operations is an active private limited company based in Ahmadabad City, Gujarat, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 27 December 2016 (10+ years old) and is registered under CIN U74999GJ2016PTC094885.
Mifm Operations reported revenue of ₹3.97 Cr for FY 2021 (down 21% YoY).
Mifm Operations has 2 current directors:
- Alisha Gidwani - Director
- Shashank Dhanpatrai Kapoor - Director
Mifm Operations reported a net profit of ₹12.04 Lakh (net margin 3%) and EBITDA of ₹34.64 Lakh (EBITDA margin 8.7%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mifm Operations is 18% over three years. In the latest year (FY 2021) revenue fell 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mifm Operations is 24AAKCM7403Q1Z0, registered in Gujarat.
The CIN (Corporate Identification Number) of Mifm Operations is U74999GJ2016PTC094885. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mifm Operations has 17 court cases on record: 17 filed against it. 1 is pending.
Mifm Operations was incorporated on 27 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Mifm Operations by revenue are Bisentech Zone Private Limited, Synigence Global Services Private Limited, Symmetrical Global Search Private Limited, Maatrom HR Solution Private Limited, Paradigm Ventures Private Limited and 5 more, all in the Business Services industry (Facility Management Services, HR Outsourcing).
Alisha Gidwani was appointed as Director on 27 Dec 2016. Shashank Dhanpatrai Kapoor was appointed as Director on 27 Dec 2016.