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

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

Recognitions & Rankings of Mify Solutions

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-UP-28-0057821

Contact details

Mify Solutions Private Limited's registered office is in Ghaziabad, Uttar Pradesh. Its website is mifysolutions.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • 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

To see the full contact details of Mify Solutions Private Limited, buy the company report.

Comprehensive company report
Mify Solutions 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

Brands

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

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

Business activity

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

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN7Other support services to organizations

To see the full business activity and turnover split of Mify Solutions Private Limited, buy the company report.

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)

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

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

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

To see the full financial statements and ratios of Mify Solutions Private Limited, buy the company report.

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 1 MonthsCurrent
Anshu KapoorDirector02 Sep 20215 Years 2 MonthsCurrent

Auditor

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

Auditor firmFinancial yearFirm registration number
PRAN NATH & CO.FY 2023014524C

Shareholding

The shareholding of Mify Solutions 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Mify Solutions Private Limited, buy the company report.

Charges & borrowings

Open charges
₹38.94 Lakh
Satisfied charges
₹48.83 Lakh
Breakdown by lending institutions
Others₹0.39 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
09 Jan 2019100243043Others₹38.94 LakhOpen
30 Sep 201510610910Icic Bank₹7.81 LakhSatisfied
16 Sep 201510611739Daimler Financial Services India Private Limited₹35 LakhSatisfied
03 Mar 201510604430Icici Bank₹6.02 LakhSatisfied

To see the full charge records of Mify Solutions Private Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

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

To see the full MSME payment records of Mify Solutions Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Mify Solutions Private Limited has a workforce of 46 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
46
Active EPFO establishments
1
Employee growth
-6.12%

GST

Mify Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
09AAHCM2904R1ZXUttar PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Mify Solutions Private Limited, buy the company report.

Recent activity

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 in the company report.

Frequently asked questions

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 has 3 current directors:

The latest financial statements of Mify Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.

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.

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).

Mify Solutions has 8 MSME Form 1 returns on record between 2021 and 2023, listing 63 overdue payments to 7 micro and small suppliers. The latest return was filed on 15 Dec 2023.

Mify Solutions can be reached through the website mifysolutions.com. Its registered office is in Ghaziabad, Uttar Pradesh, India.