Mist Direct Sales Private Limited
About Mist Direct Sales Private Limited
Data last updated:
Mist Direct Sales Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Anand Infoedge Private Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 04 June 2013.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70100DL2013PTC253541. Its GSTIN is 09AAICM6219N1ZW (Uttar Pradesh).
The company has an authorised share capital of ₹12 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Narender Kumar Sharma (Irp/Rp/Liquidator) and Rajeev Kumar Gumber.
Its last annual general meeting (AGM) was held on 02 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 1A Kanchanjunga Building 18 Barakhamba Road, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2021, the company reported a revenue of ₹14.82 Lakh, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹68.99 Lakh (net margin -465.6%) and EBITDA of -₹5.31 Lakh (EBITDA margin -35.9%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years.
The company has about 25 employees on its provident fund (EPFO) records.
Court records list 56 cases involving the company, including 36 filed by the company and 20 filed against it; 6 cases are pending.
Company details
CIN history
Mist Direct Sales has one previous CIN (Corporate Identification Number): U70101DL2013PTC253541. The current CIN is U70100DL2013PTC253541, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100DL2013PTC253541 | Current |
| U70101DL2013PTC253541 | Previous |
Contact details
Mist Direct Sales Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered Address1A Kanchanjunga Building 18 Barakhamba Road, New Delhi, Delhi, India – 110001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Mist Direct Sales Private Limited, buy the company report.
- 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
Business activity
The main business activity of Mist Direct Sales is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Mist Direct Sales Private Limited, buy the company report.
Financials of Mist Direct Sales Private Limited
FY 2021 filings availableMist Direct Sales Private Limited reported revenue of ₹14.82 Lakh (down 88% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 33% over three years, including a 88% fall in the latest year. EBITDA fell 134% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹5.31 Lakh | ||||
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| Net Profit (PAT) | -₹68.99 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -35.9% | ||||
| Net Profit Margin | -465.6% | ||||
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To see the full financial statements and ratios of Mist Direct Sales Private Limited, buy the company report.
Board of directors of Mist Direct Sales Private Limited
Mist Direct Sales has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narender Kumar Sharma Also directs: Daksh Compliance Management Private Limited | Irp/Rp/Liquidator | 28 Jan 2025 | 1 Years 8 Months | As last reported |
| Rajeev Kumar Gumber | Director | 10 Nov 2021 | 4 Years 11 Months | As last reported |
| Dinesh Kumar | Director | 27 Mar 2022 | 4 Years 7 Months | As last reported |
Auditor
Mist Direct Sales Private Limited is audited by BANSAL V & COMPANY for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BANSAL V & COMPANY | FY 2018 | 011220C |
Shareholding
The shareholding of Mist Direct Sales Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mist Direct Sales Private Limited, buy the company report.
Legal cases
Mist Direct Sales Private Limited has 56 court cases on record: 36 filed by Mist Direct Sales, 20 filed against it. 6 cases are pending and 50 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 22 | 9 | 3 |
| High courts | 14 | 0 | 3 |
| Supreme Court | 9 | 2 | 0 |
| District courts | 7 | 7 | 0 |
| NCLT | 4 | 2 | 0 |
Cases on record (5 of 56)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Anand Infoedge Private Limited and 4 others | Pending |
| NCLAT, Company Appeal(AT)(Ins) | Insolvency matter | Filed against the company by Grand Developers Pvt. Ltd | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Grand Developers Pvt. Ltd | Disposed |
| District court, New Delhi, Delhi | Execution petition | Filed against the company by M/S Matrix Guardtech Pvt Ltd | Disposed |
| NCLAT, Registrar Court | Tribunal matter | Filed against the company by Mist Avenue Private Limited | Disposed |
To see the full case history of Mist Direct Sales Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mist Direct Sales Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mist Direct Sales Private Limited has a workforce of 25 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Mist Direct Sales has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAICM6219N1ZW | Uttar Pradesh | Active | 10 Aug 2017 |
To see the full GST registrations and return filing status of Mist Direct Sales Private Limited, buy the company report.
Recent activity
Mist Direct Sales Private Limited has 13 board changes on record since 2015: 3 appointments and 10 cessations. The latest: Narender Kumar Sharma was appointed as Irp/Rp/Liquidator on 28 Jan 2025.
4 earlier events are in the company report.
Frequently asked questions
Mist Direct Sales is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Mist Direct Sales is a company under insolvency, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 04 June 2013 and is registered under CIN U70100DL2013PTC253541. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Mist Direct Sales has 3 current directors:
- Rajeev Kumar Gumber - Director
- Dinesh Kumar - Director
- Narender Kumar Sharma - Irp/Rp/Liquidator
The latest financial statements of Mist Direct Sales on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 02 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Mist Direct Sales is U70100DL2013PTC253541. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mist Direct Sales has 56 court cases on record: 36 filed by the company and 20 filed against it. 6 are pending. Most are in the nclat.
Mist Direct Sales was incorporated on 04 June 2013. It is registered with the Registrar of Companies, Delhi.
Narender Kumar Sharma was appointed as Irp/Rp/Liquidator on 28 Jan 2025. Dinesh Kumar ceased to be Additional Director on 29 Sep 2022. Rajeev Kumar Gumber ceased to be Additional Director on 29 Sep 2022. Mist Direct Sales has 13 board changes on record in total.
The registered office of Mist Direct Sales is at 1A Kanchanjunga Building 18 Barakhamba Road, New Delhi, Delhi, India – 110001.
The GSTIN of Mist Direct Sales is 09AAICM6219N1ZW, registered in Uttar Pradesh.