DPIIT recognised startup Government of India
Startup India
Mp24 Fuel Service Private Limited
Mp24 Fuel Service Private Limited - automobile in Hassan, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.54 Cr
▼ 27% YoY
Net loss · FY 2025
₹3.14 Lakh
Net margin -2%
EBITDA · FY 2025
₹1.03 Lakh
EBITDA margin 0.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹10,000
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Mp24 Fuel Service Private Limited
Data last updated:
Mp24 Fuel Service Private Limited is a private limited company based in Hassan, Karnataka, India, recognised as a startup by DPIIT. It operates in the motorcycle and related parts sale segment of the automobiles sector. It was incorporated on 02 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U50400KA2021PTC144779. Its GSTIN is 29AAOCM3632P1ZP (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It is led by directors Genidar (Managing Director) and Hadenahally Marigowda Vitala.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at H No – 103 Hadenhally S Belagola Ho C R Patna, Hassan, Karnataka, India – 573116.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.54 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹3.14 Lakh (net margin -2%) and EBITDA of ₹1.03 Lakh (EBITDA margin 0.7%). Revenue has grown at a compounded annual rate (CAGR) of 70% over three years.
Mp24 Fuel Service Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-16-0002007).
Company details
CIN U50400KA2021PTC144779
Registration Number 144779
Incorporation Date 02 March 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-16-0002007
Recognitions & Rankings of Mp24 Fuel Service
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-KR-16-0002007
Contact details
Mp24 Fuel Service Private Limited's registered office is in Hassan, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressH No – 103 Hadenhally S Belagola Ho C R Patna, Hassan, Karnataka, India – 573116
- IndustryAutomobile, Motorcycle & Related Parts Sale, Maintenance & Repair
To see the full contact details of Mp24 Fuel Service Private Limited, buy the company report.
Comprehensive company report
Mp24 Fuel Service 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
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Business activity
The main business activity of Mp24 Fuel Service is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Mp24 Fuel Service Private Limited, buy the company report.
Financials of Mp24 Fuel Service Private Limited
FY 2025 filings availableMp24 Fuel Service Private Limited reported revenue of ₹1.54 Cr (down 27% YoY) for FY 2025.
Revenue · FY 2025
₹1.54 Cr ▼ 27%
Net loss · FY 2025
₹3.14 Lakh margin -2%
EBITDA · FY 2025
₹1.03 Lakh margin 0.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 27%
3 years · compounded
▲ 70%
EBITDA CAGR growth
1 year
▼ 85%
3 years · compounded
▲ 69%
Revenue fell 27% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 70%. EBITDA fell 85% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.03 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.14 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.7% | ||||
| Net Profit Margin | -2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Mp24 Fuel Service Private Limited, buy the company report.
Board of directors of Mp24 Fuel Service Private Limited
Mp24 Fuel Service has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Genidar | Managing Director | 02 Mar 2021 | 5 Years 8 Months | Current |
| Hadenahally Marigowda Vitala | Director | 02 Mar 2021 | 5 Years 8 Months | Current |
Legal cases
No court or tribunal cases involving Mp24 Fuel Service Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mp24 Fuel Service Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mp24 Fuel Service Private Limited has 1 active EPFO establishment as of Mar 31, 2024.
Active EPFO establishments
1
GST
Mp24 Fuel Service has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAOCM3632P1ZP | Karnataka | Active | 21 Mar 2021 |
To see the full GST registrations and return filing status of Mp24 Fuel Service Private Limited, buy the company report.
Recent activity
Mp24 Fuel Service Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Genidar was appointed as Managing Director on 02 Mar 2021.
AGM
Mp24 Fuel Service Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Mp24 Fuel Service Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Genidar was appointed as Managing Director.
Appointed
Hadenahally Marigowda Vitala was appointed as Director.
Incorporation
02 Mar 2021
Mp24 Fuel Service Private Limited was registered on 02 Mar 2021 with Roc Bangalore & aged 5 years 8 months as per MCA records.
Frequently asked questions
Mp24 Fuel Service is an active private limited company based in Hassan, Karnataka, India. The company works in motorcycle and related parts sale, within the automobile industry. It was incorporated on 02 March 2021 (5+ years old) and is registered under CIN U50400KA2021PTC144779.
Mp24 Fuel Service has 2 current directors:
- Genidar - Managing Director
- Hadenahally Marigowda Vitala - Director
The latest financial statements of Mp24 Fuel Service on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Mp24 Fuel Service is 29AAOCM3632P1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Mp24 Fuel Service is U50400KA2021PTC144779. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mp24 Fuel Service was incorporated on 02 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Genidar was appointed as Managing Director on 02 Mar 2021. Hadenahally Marigowda Vitala was appointed as Director on 02 Mar 2021.
Yes, Mp24 Fuel Service is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Mp24 Fuel Service is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-16-0002007).
The registered office of Mp24 Fuel Service is at H No – 103 Hadenhally S Belagola Ho C R Patna, Hassan, Karnataka, India – 573116.
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