Mify Solutions Private Limited

Mify Solutions Private Limited - media and publishing in Ghaziabad, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN U72300UP2011PTC045530 Incorporated 01 July 2011 ROC Kanpur HQ Ghaziabad, Uttar Pradesh, India
Active Private Limited Company media and publishing MSME · Small
Data last updated
Revenue · FY 2025
₹71.55 Lakh
▼ 85% YoY
Net loss · FY 2025
₹32.86 Lakh
Net margin -45.9%
EBITDA · FY 2025
₹12.14 Lakh
EBITDA margin 17%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹38.94 Lakh
Satisfied ₹48.83 Lakh
Company age
15 yrs
Est. 2011
Employees · EPFO
46
Provident fund records

About Mify Solutions Private Limited

Data last updated:

Mify Solutions Private Limited is a private limited company based in Ghaziabad, Uttar Pradesh, India. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 01 July 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U72300UP2011PTC045530. Its GSTIN is 09AAHCM2904R1ZX (Uttar Pradesh).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Anishma Sharma and Jugal Kishore Paliwal.

Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ghaziabad, Uttar Pradesh.

As per the financials filed for FY 2025, the company reported a revenue of ₹71.55 Lakh, a decline of 85% compared to the previous year. For the same year it recorded a net loss of ₹32.86 Lakh (net margin -45.9%) and EBITDA of ₹12.14 Lakh (EBITDA margin 17%). Revenue has declined at a compounded annual rate (CAGR) of 63% over three years and 38% over five years.

The company has about 46 employees on its provident fund (EPFO) records.

The company is associated with 3 brands: Bigleep, FlowerWale and Mify Solutions. As per MCA filings, the company has open charges of ₹38.94 Lakh and satisfied charges of ₹48.83 Lakh on record. Court records list 14 cases involving the company, including 1 filed by the company and 13 filed against it; 3 cases are pending.

Mify Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0057821). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mifysolutions.com.

Company Details of Mify Solutions Private Limited
CIN U72300UP2011PTC045530
Registration Number 045530
Incorporation Date 01 July 2011
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-UP-28-0057821
Key People
Anishma Sharma Director Jugal Kishore Paliwal Director Anshu Kapoor Director

Recognitions & Rankings of Mify Solutions

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-UP-28-0057821
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    mifysolutions.com
  • Social Media
  • Registered Address
    Flat No. 204 Tower A2 Krishna Apra Gardens, Plot No. 7 Vaibhav Khand Indirapuram, Ghaziabad, Uttar Pradesh, India – 201014
  • Industry
    Media and Publishing, Advertising Agencies & Media Services
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Financials, compliance, directors, charges, ownership and filings for Mify Solutions Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with Mify Solutions Private Limited

Mify Solutions operates multiple associated brands including Bigleep, FlowerWale, and Mify Solutions. Each brand links to its own profile.

BrandDescriptionWebsite
Bigleep
Online platform for job seekers to search, apply, and connect with employers in various industries.bigleep.com
FlowerWale
Online platform for flowers, cakes, and gift delivery services.flowerwale.com
Mify Solutions
Offers SEO, SEM, SMM, PPC, and content marketing for businesses.mifysolutions.com

Business Activity of Mify Solutions Private Limited

The main business activity of Mify Solutions is support service to organizations. In detail, this covers other support services to organizations.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
NSupport service to OrganizationsN7Other support services to organizationsLocked
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Business activity turnover details

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

  • Turnover contribution
  • Historical classifications
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Verified entity values are shown only after access is granted.

Financials of Mify Solutions Private Limited FY 2024 filings available

Mify Solutions Private Limited reported revenue of ₹71.55 Lakh (down 85% YoY) for FY 2025.

Revenue · FY 2025
₹71.55 Lakh ▼ 85%
Net loss · FY 2025
₹32.86 Lakh margin -45.9%
EBITDA · FY 2025
₹12.14 Lakh margin 17%

Compounded Annual Growth Rate (CAGR) of Mify Solutions Private Limited

Revenue CAGR growth
1 year
▼ 85%
3 years · compounded
▼ 63%
5 years · compounded
▼ 38%
EBITDA CAGR growth
1 year
▲ 106%
3 years · compounded
▼ 48%
5 years · compounded
▲ 15%

Revenue has declined at a compounded annual rate (CAGR) of 38% over five years, including a 85% fall in the latest year. EBITDA rose 106% 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 Mify Solutions Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹12.14 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹32.86 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 Mify Solutions Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin17%••••••••••••••••
Net Profit Margin-45.9%••••••••••••••••
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 Mify Solutions are in the company report.

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Financial statements from 2015

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Board of Directors of Mify Solutions Private Limited

Mify Solutions has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Anishma SharmaDirector16 Jul 20215 Years 3 MonthsCurrent
Jugal Kishore PaliwalDirector02 Oct 20179 Years 0 MonthsCurrent
Anshu KapoorDirector02 Sep 20215 Years 1 MonthsCurrent
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Peer Comparison of Mify Solutions Private Limited

Mify Solutions Private Limited is compared with the companies closest to it by revenue in the Media and Publishing industry (Advertising Agencies). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Komarka Advertising Agency Private Limited₹71.84 Lakh (FY 2019)••••••••398.0%••••Warangal, Telangana, India
Langtrees Digital Private Limited₹71.71 Lakh (FY 2024)••••••••634.0%••••Kolkata, West Bengal, India
Animika Studios Private Limited₹71.63 Lakh (FY 2024)••••••••-5.0%••••Bangalore, Karnataka, India
Seleqt Digital Media Services Private Limited₹71.6 Lakh (FY 2025)••••••••143.0%••••Hyderabad, Telangana, India
Jit Network Private Limited₹71.57 Lakh (FY 2024)••••••••-52.0%••••Mumbai, Maharashtra, India
Mify Solutions Private Limited this company₹71.55 Lakh (FY 2025)••••••••-85.0%••••Ghaziabad, Uttar Pradesh, India
Quotient Four Technologies Private Limited₹71.5 Lakh (FY 2020)••••••••2696.0%••••Bangalore, Karnataka, India
Thinkpoint Brand Solutions Private Limited₹71.45 Lakh (FY 2025)••••••••-22.0%••••Mumbai, Maharashtra, India
Rocheston Private Limited₹71.43 Lakh (FY 2024)••••••••30.0%••••Chennai, Tamil Nadu, India
Isearch Solution Private Limited₹71.42 Lakh (FY 2025)••••••••57.0%••••New Delhi, Delhi, India
Three Sixty One Communications Private Limited₹71.31 Lakh (FY 2024)••••••••-39.0%••••Gurgaon, Haryana, India

Peers are the five companies nearest above and the five nearest below Mify Solutions by revenue in the Media and Publishing industry (Advertising Agencies), 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 Mify Solutions Private Limited

Mify Solutions Private Limited is audited by PRAN NATH & CO. for the financial year 2023.

NameStatusAppointment DateCessation Date
PRAN NATH & CO.LockedLockedLocked
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Ownership and Shareholding of Mify Solutions Private Limited

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Charges & Borrowings of Mify Solutions Private Limited

Open charges
₹38.94 Lakh
Satisfied charges
₹48.83 Lakh
Breakdown by lending institutions
Others₹0.39 Cr
Latest charge details
DateLenderAmountStatus
09 Jan 2019Others₹38.94 LakhOpen
30 Sep 2015Icic Bank₹7.81 LakhSatisfied
16 Sep 2015Daimler Financial Services India Private Limited₹35 LakhSatisfied
03 Mar 2015Icici Bank₹6.02 LakhSatisfied

Total charge records: 4 View all charges

MSME Payment Delays by Mify Solutions Private Limited

Mify Solutions Private Limited has 8 MSME Form 1 returns on record between 2021 and 2023, listing 63 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 7)

SupplierAmount dueDue sinceReported on
Zettamobi Technologies (OPC) Private Limited••••••••••••
Nimbus Adcom Private Limited••••••••••••
91Digital Web Private Limited••••••••••••
Mohalla Tech Private Limited••••••••••••
Asianxt Digital Technologies Private Limited••••••••••••
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Full MSME payment history

Every supplier, amount and due date from all 8 MSME Form 1 returns is in the company report.

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Employees and EPFO Compliance at Mify Solutions Private Limited

Mify Solutions Private Limited has a workforce of 46 employees as of Apr 05, 2024.

Employee count
46
Active EPFO establishments
1
Employee growth
-6.12%
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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 Mify Solutions Private Limited

Mify Solutions Private Limited has 13 board changes on record since 2013: 3 appointments and 10 cessations. The latest: Anishma Sharma ceased to be Additional Director on 28 Sep 2021.

AGM
Mify Solutions Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
Filing
Mify Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
Ceased
Anishma Sharma ceased to be Additional Director.
Ceased
Anshu Kapoor ceased to be Additional Director.
Ceased
Shweta Paliwal ceased to be Director.
Ceased
Sumit Kumar ceased to be Additional Director.
Ceased
Vishnoi Rahul ceased to be Additional Director.
Appointed
Anshu Kapoor was appointed as Director.
Appointed
Anishma Sharma was appointed as Director.
Ceased
Ashish Paliwal ceased to be Director.
Charges
A charge registered on 30 Sep 2015 via Charge ID 10610910 with Icic Bank was fully satisfied on 28 Oct 2020.
Charges
A charge with Others amounted to Rs. 38.94 Lakh with Charge ID 100243043 was registered on 09 Jan 2019.

11 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Mify Solutions Private Limited

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Subsidiaries & Group Companies of Mify Solutions Private Limited

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GST Compliance of Mify Solutions Private Limited

Mify Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
09AAHCM2904R1ZXUttar PradeshActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Mify Solutions Private Limited

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Frequently Asked Questions about Mify Solutions Private Limited

Mify Solutions is an active private limited company based in Ghaziabad, Uttar Pradesh, India. The company works in advertising agencies and media services, within the media and publishing industry. It was incorporated on 01 July 2011 (15+ years old) and is registered under CIN U72300UP2011PTC045530.

Mify Solutions reported revenue of ₹71.55 Lakh for FY 2025 (down 85% YoY).

Mify Solutions has 3 current directors:

Mify Solutions reported a net loss of ₹32.86 Lakh (net margin -45.9%) and EBITDA of ₹12.14 Lakh (EBITDA margin 17%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Mify Solutions is -63% over three years and -38% over five years. In the latest year (FY 2025) revenue fell 85%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Mify Solutions is 09AAHCM2904R1ZX, registered in Uttar Pradesh.

The CIN (Corporate Identification Number) of Mify Solutions is U72300UP2011PTC045530. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mify Solutions has 14 court cases on record: 1 filed by the company and 13 filed against it. 3 are pending. Most are in the district courts.

Mify Solutions was incorporated on 01 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Kanpur.

The peers of Mify Solutions by revenue are Komarka Advertising Agency Private Limited, Langtrees Digital Private Limited, Animika Studios Private Limited, Seleqt Digital Media Services Private Limited, Jit Network Private Limited and 5 more, all in the Media and Publishing industry (Advertising Agencies).

Anishma Sharma ceased to be Additional Director on 28 Sep 2021. Anshu Kapoor ceased to be Additional Director on 28 Sep 2021. Shweta Paliwal ceased to be Director on 07 Sep 2021. Mify Solutions has 13 board changes on record in total.

Yes, Mify Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-UP-28-0057821).

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