Moresteps Unity Private Limited
About Moresteps Unity Private Limited
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Moresteps Unity Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 03 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC284412. Its GSTIN is 27AAKCM4934E1ZD (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sureshkumar Jaisaram Chandora and Omprakash Dayashankar Vyas.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2020, the company reported a revenue of ₹44.21 Lakh, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹7,903 (net margin 0.2%) and EBITDA of ₹4.28 Lakh (EBITDA margin 9.7%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years.
As per MCA filings, the company has open charges of ₹56.25 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- WebsiteLocked
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- Registered AddressFlat No. C – 43 Arihant Co. Op Hsg. Arihant Apt. Cp Road Behind Esis Hospital Kandivali, (East), Mumbai, Maharashtra, India – 400101
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- 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 Moresteps Unity Private Limited
The main business activity of Moresteps Unity is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 Moresteps Unity Private Limited FY 2020 filings available
Moresteps Unity Private Limited reported revenue of ₹44.21 Lakh (down 28% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Moresteps Unity Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 3% over three years, including a 28% fall in the latest year. EBITDA fell 31% 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 Moresteps Unity Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | ₹44.21 Lakh | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹4.28 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7,903 | •••• | •••• | •••• |
| 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 Moresteps Unity Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 9.7% | •••• | •••• | •••• |
| Net Profit Margin | 0.2% | •••• | •••• | •••• |
| 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 Moresteps Unity 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 Moresteps Unity Private Limited
Moresteps Unity Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Oritron Multitech Systems Private Limited | ₹44.33 Lakh (FY 2024) | •••• | •••• | 46.0% | •••• | Bhubaneswar, Odisha, India |
| Maruthi Plywood Industries and Furnitures Private Limited | ₹44.32 Lakh (FY 2021) | •••• | •••• | 141.0% | •••• | Nelamangala, Karnataka, India |
| Besignature Solar Energy Private Limited | ₹44.32 Lakh (FY 2022) | •••• | •••• | •••• | Borsad, Gujarat, India | |
| Wenton India Private Limited | ₹44.31 Lakh (FY 2024) | •••• | •••• | -6.0% | •••• | New Delhi, Delhi, India |
| Vansal Electricals Private Limited | ₹44.22 Lakh (FY 2019) | •••• | •••• | -9.0% | •••• | Uttar Pradesh, India |
| Moresteps Unity Private Limited this company | ₹44.21 Lakh (FY 2020) | •••• | •••• | -28.0% | •••• | Mumbai, Maharashtra, India |
| Norman Yong Engineering Products Private Limited | ₹44.18 Lakh (FY 2025) | •••• | •••• | -23.0% | •••• | Coimbatore, Tamil Nadu, India |
| Koinamedic India Private Limited | ₹44.18 Lakh (FY 2024) | •••• | •••• | 6013.0% | •••• | Delhi, India |
| Sathi Battery Private Limited | ₹44.06 Lakh (FY 2025) | •••• | •••• | 23.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Illumus Electric Private Limited | ₹44.04 Lakh (FY 2020) | •••• | •••• | -42.0% | •••• | Noida, Uttar Pradesh, India |
| Pull 'N' Dry Appliances Private Limited | ₹43.87 Lakh (FY 2019) | •••• | •••• | 11.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Moresteps Unity by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), 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 Moresteps Unity Private Limited
Moresteps Unity Private Limited is audited by AGARWAL ANKUSH & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AGARWAL ANKUSH & CO | 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 Moresteps Unity Private Limited
Moresteps Unity has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sureshkumar Jaisaram Chandora | Director | 03 Aug 2016 | 10 Years 2 Months | Current |
| Omprakash Dayashankar Vyas Also directs: Mindlocus Pharma Private Limited | Director | 03 Aug 2016 | 10 Years 2 Months | Current |
| Ghanshyam Babulalji Nama | Director | 03 Jan 2017 | 9 Years 9 Months | Current |
Ownership and Shareholding of Moresteps Unity 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 Moresteps Unity Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Feb 2017 | Others | ₹56.25 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Moresteps Unity Private Limited
Employment history and EPFO contributions of people linked to Moresteps Unity.
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 Moresteps Unity Private Limited
Moresteps Unity Private Limited has 7 board changes on record since 2016: 3 appointments and 4 cessations. The latest: Hitesh Kansa ceased to be Director on 10 Jun 2019.
Credit Ratings, Litigation & Regulatory Alerts for Moresteps Unity 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 Moresteps Unity 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 Moresteps Unity 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 Moresteps Unity Private Limited
Moresteps Unity has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCM4934E1ZD | Maharashtra | 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 Moresteps Unity 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 Moresteps Unity Private Limited
Moresteps Unity is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 03 August 2016 (10+ years old) and is registered under CIN U74999MH2016PTC284412.
Moresteps Unity reported revenue of ₹44.21 Lakh for FY 2020 (down 28% YoY).
Moresteps Unity has 3 current directors:
- Sureshkumar Jaisaram Chandora - Director
- Omprakash Dayashankar Vyas - Director
- Ghanshyam Babulalji Nama - Director
Moresteps Unity reported a net profit of ₹7,903 (net margin 0.2%) and EBITDA of ₹4.28 Lakh (EBITDA margin 9.7%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Moresteps Unity is -3% over three years. In the latest year (FY 2020) revenue fell 28%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Moresteps Unity is 27AAKCM4934E1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Moresteps Unity is U74999MH2016PTC284412. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Moresteps Unity was incorporated on 03 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Moresteps Unity by revenue are Oritron Multitech Systems Private Limited, Maruthi Plywood Industries and Furnitures Private Limited, Besignature Solar Energy Private Limited, Wenton India Private Limited, Vansal Electricals Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Hitesh Kansa ceased to be Director on 10 Jun 2019. Jagdish Kumar Vaishnav ceased to be Additional Director on 10 Jun 2019. Narayanlal Hemaji Mewada ceased to be Director on 10 Jun 2019. Moresteps Unity has 7 board changes on record in total.
The registered office of Moresteps Unity is at Flat No. C – 43 Arihant Co. Op Hsg. Arihant Apt. Cp Road Behind Esis Hospital Kandivali, East, Mumbai, Maharashtra, India – 400101.