Mivim IT Solutions Private Limited

Mivim IT Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72200KA2014PTC074295 Incorporated 21 March 2014 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2021
₹7.17 Lakh
▼ 52% YoY
Net loss · FY 2021
₹5.08 Lakh
Net margin -70.9%
EBITDA · FY 2021
-₹4.45 Lakh
EBITDA margin -62.1%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.88 Cr
Issued & subscribed
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Mivim IT Solutions Private Limited

Data last updated:

Mivim IT Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 21 March 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2014PTC074295. Its GSTIN is 29AAJCM1712D1ZQ (Karnataka).

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.88 Cr. It is led by directors Irshad Yasmeen and Asifali Khan Nazeer Mdkhan Honnali.

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 Bangalore, Karnataka.

As per the financials filed for FY 2021, the company reported a revenue of ₹7.17 Lakh, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹5.08 Lakh (net margin -70.9%) and EBITDA of -₹4.45 Lakh (EBITDA margin -62.1%). Revenue has grown at a compounded annual rate (CAGR) of 55% over three years and 12% over five years.

Court records list 1 case involving the company, including 1 filed against it.

The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Mivim IT Solutions Private Limited
CIN U72200KA2014PTC074295
Registration Number 074295
Incorporation Date 21 March 2014
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    No 971 R K Residency 2nd Cross Government College Road K R Puram New E, Xtension, Bangalore, Karnataka, India – 560036
  • Industry
    Information Technology, Application Development & Software Solutions
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Financials, compliance, directors, charges, ownership and filings for Mivim IT Solutions Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Mivim IT Solutions Private Limited

The main business activity of Mivim IT Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.Locked
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Business activity turnover details

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

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Financials of Mivim IT Solutions Private Limited FY 2021 filings available

Mivim IT Solutions Private Limited reported revenue of ₹7.17 Lakh (down 52% YoY) for FY 2021.

Revenue · FY 2021
₹7.17 Lakh ▼ 52%
Net loss · FY 2021
₹5.08 Lakh margin -70.9%
EBITDA · FY 2021
-₹4.45 Lakh margin -62.1%

Compounded Annual Growth Rate (CAGR) of Mivim IT Solutions Private Limited

Revenue CAGR growth
1 year
▼ 52%
3 years · compounded
▼ 55%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 73%
3 years · compounded
▲ 39%
5 years · compounded
▲ 55%

Revenue fell 52% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA rose 73% 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 Mivim IT Solutions Private Limited

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
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-₹4.45 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹5.08 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 Mivim IT Solutions Private Limited

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin-62.1%••••••••••••••••
Net Profit Margin-70.9%••••••••••••••••
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 Mivim IT Solutions are in the company report.

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Financial statements from 2015

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Auditor Details of Mivim IT Solutions Private Limited

Mivim IT Solutions Private Limited is audited by M V DEVANAGOUDAR & ASSOCIATES for the financial year 2018.

NameStatusAppointment DateCessation Date
M V DEVANAGOUDAR & ASSOCIATESLockedLockedLocked
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Board of Directors of Mivim IT Solutions Private Limited

Mivim IT Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Irshad YasmeenDirector10 Jun 20224 Years 3 MonthsCurrent
Asifali Khan Nazeer Mdkhan HonnaliDirector21 Mar 201412 Years 6 MonthsCurrent

Ownership and Shareholding of Mivim IT Solutions Private Limited

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Charges & Borrowings of Mivim IT Solutions Private Limited

Mivim IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Mivim IT Solutions Private Limited

Employment history and EPFO contributions of people linked to Mivim IT Solutions.

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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 Mivim IT Solutions Private Limited

Directors
10 Jun 2022
Irshad Yasmeen was appointed as a Director on 10 Jun 2022 & has been associated with this company since 4 years 3 months.
Activity
30 Nov 2021
Mivim It Solutions Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Activity
31 Mar 2021
Mivim It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.
Directors
21 Mar 2014
Asifali Khan Nazeer Mdkhan Honnali was appointed as a Director on 21 Mar 2014 & has been associated with this company since 12 years 6 months.
Activity
21 Mar 2014
Mivim It Solutions Private Limited was registered on 21 Mar 2014 with Roc Bangalore & aged 12 years 6 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Mivim IT Solutions Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Mivim IT Solutions Private Limited

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Subsidiaries & Group Companies of Mivim IT Solutions Private Limited

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Corporate group structure

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GST Compliance of Mivim IT Solutions Private Limited

Mivim IT Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAJCM1712D1ZQKarnatakaActive01 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 Mivim IT Solutions Private Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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Frequently Asked Questions about Mivim IT Solutions Private Limited

Mivim IT Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 21 March 2014 (12+ years old) and is registered under CIN U72200KA2014PTC074295.

Mivim IT Solutions reported revenue of ₹7.17 Lakh for FY 2021 (down 52% YoY).

Mivim IT Solutions has 2 current directors:

Mivim IT Solutions reported a net loss of ₹5.08 Lakh (net margin -70.9%) and EBITDA of -₹4.45 Lakh (EBITDA margin -62.1%) for FY 2021, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Mivim IT Solutions is -55% over three years and 12% over five years. In the latest year (FY 2021) revenue fell 52%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Mivim IT Solutions is 29AAJCM1712D1ZQ, registered in Karnataka.

The CIN (Corporate Identification Number) of Mivim IT Solutions is U72200KA2014PTC074295. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mivim IT Solutions has 1 court case on record: 1 filed against it.

Mivim IT Solutions was incorporated on 21 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.

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