MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0045571
Mruga Corporate Services Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.35 Cr
▲ 18% YoY
Net profit · FY 2024
₹22.48 Lakh
Net margin 9.6%
EBITDA · FY 2024
₹34.32 Lakh
EBITDA margin 14.6%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Open charges
₹18.5 Lakh
Satisfied ₹7 Lakh
Company age
18 yrs
Est. 2008
Employees · EPFO
12
Provident fund records
About Mruga Corporate Services Limited
Data last updated:
Mruga Corporate Services Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 19 June 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2008PLC183697. Its GSTIN is 27AAFCM6157N1ZW (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It was formerly known as Mruga Corporate Services Private Limited. It is led by directors including Vishvesh Girishchandra Bhagat (Whole-Time Director) and Vidyut Rasiklal Vasavada (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.35 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹22.48 Lakh (net margin 9.6%) and EBITDA of ₹34.32 Lakh (EBITDA margin 14.6%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 12% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹18.5 Lakh and satisfied charges of ₹7 Lakh on record.
Mruga Corporate Services Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0045571). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mrugacsl.com.
Company details
CIN U74140MH2008PLC183697
Registration Number 183697
Incorporation Date 19 June 2008
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0045571
CIN history
Mruga Corporate Services has one previous CIN (Corporate Identification Number): U74140MH2008PTC183697. The current CIN is U74140MH2008PLC183697, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140MH2008PLC183697 | Current |
| U74140MH2008PTC183697 | Previous |
Key People
Vishvesh Girishchandra Bhagat Whole-Time Director Vidyut Rasiklal Vasavada Whole-Time Director Lalit Babaldas Shah Whole-Time Director Recognitions & Rankings of Mruga Corporate Services
Contact details
Mruga Corporate Services Limited's registered office is in Mumbai, Maharashtra. Its website is mrugacsl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA/302 Kher Nagar Sarvodaya Chs. Ltd. Bldg No. 11 Nr.P.F. Office Kher Nagar, Mhb Colony, Mumbai, Maharashtra, India – 400051
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Mruga Corporate Services Limited, buy the company report.
Comprehensive company report
Mruga Corporate Services 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 Mruga Corporate Services is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities |
To see the full business activity and turnover split of Mruga Corporate Services Limited, buy the company report.
Financials of Mruga Corporate Services Limited
FY 2024 filings availableMruga Corporate Services Limited reported revenue of ₹2.35 Cr (up 18% YoY) for FY 2024.
Revenue · FY 2024
₹2.35 Cr ▲ 18%
Net profit · FY 2024
₹22.48 Lakh margin 9.6%
EBITDA · FY 2024
₹34.32 Lakh margin 14.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 14%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 5%
5 years · compounded
▲ 15%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 18% growth in the latest year. EBITDA rose 3% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹34.32 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹22.48 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.6% | ||||
| Net Profit Margin | 9.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Mruga Corporate Services Limited, buy the company report.
Board of directors of Mruga Corporate Services Limited
Mruga Corporate Services has 6 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lopa Bhumitra Dholakia | Director | 19 Jun 2008 | 18 Years 4 Months | Current |
| Vishvesh Girishchandra Bhagat | Whole-Time Director | 01 Feb 2022 | 4 Years 9 Months | Current |
| Nrupang Bhumitra Dholakia Also directs: Dholakia & Associates LLP, Rapicut Carbides Limited, Aries Agro Limited (CN) and 1 more | Director | 18 Jul 2013 | 13 Years 3 Months | Current |
| Michelle Mark Martin Also directs: Dholakia & Associates LLP | Director | 11 Jun 2022 | 4 Years 4 Months | Current |
| Vidyut Rasiklal Vasavada | Whole-Time Director | 19 Jun 2008 | 18 Years 4 Months | Current |
| Lalit Babaldas Shah | Whole-Time Director | 19 Jun 2008 | 18 Years 4 Months | Current |
Auditor
Mruga Corporate Services Limited is audited by P R M & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P R M & CO. | FY 2023 | 167770 |
Shareholding
The shareholding of Mruga Corporate Services 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mruga Corporate Services Limited, buy the company report.
Charges & borrowings
Open charges
₹18.5 Lakh
Satisfied charges
₹7 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Nov 2020 | 100398563 | Uco Bank | ₹18.5 Lakh | Open | |
| 14 Dec 2018 | 100228362 | Uco Bank | ₹7 Lakh | Satisfied |
To see the full charge records of Mruga Corporate Services Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Mruga Corporate Services 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 Mruga Corporate Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mruga Corporate Services Limited has a workforce of 12 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
12
Active EPFO establishments
1
GST
Mruga Corporate Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCM6157N1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mruga Corporate Services Limited, buy the company report.
Recent activity
Mruga Corporate Services Limited has 15 board changes on record since 2008: 6 appointments and 9 cessations. The latest: Michelle Mark Martin ceased to be Director on 30 Sep 2022.
AGM
Mruga Corporate Services Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mruga Corporate Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 14 Dec 2018 via Charge ID 100228362 with Uco Bank was fully satisfied on 24 May 2023.
Ceased
Michelle Mark Martin ceased to be Director.
Appointed
Michelle Mark Martin was appointed as Director.
Appointed
Vishvesh Girishchandra Bhagat was appointed as Whole-Time Director.
Ceased
Vishvesh Girishchandra Bhagat ceased to be Whole-Time Director.
Ceased
Bhumitra Vinodchandra Dholakia ceased to be Director.
Charges
A charge with Uco Bank amounted to Rs. 18.50 Lakh with Charge ID 100398563 was registered on 10 Nov 2020.
Charges
A charge with Uco Bank amounted to Rs. 7.00 Lakh with Charge ID 100228362 was registered on 14 Dec 2018.
Ceased
Chirantan Hariprasad Patni ceased to be Director.
Ceased
Rangaiyer Ganapathy ceased to be Director.
9 earlier events are in the company report.
Frequently asked questions
Mruga Corporate Services is an active public limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 19 June 2008 (18+ years old) and is registered under CIN U74140MH2008PLC183697.
Mruga Corporate Services has 6 current directors:
- Vishvesh Girishchandra Bhagat - Whole-Time Director
- Vidyut Rasiklal Vasavada - Whole-Time Director
- Lalit Babaldas Shah - Whole-Time Director
- Lopa Bhumitra Dholakia - Director
- Nrupang Bhumitra Dholakia - Director
- Michelle Mark Martin - Director
The latest financial statements of Mruga Corporate Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mruga Corporate Services is 27AAFCM6157N1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mruga Corporate Services is U74140MH2008PLC183697. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mruga Corporate Services was incorporated on 19 June 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Michelle Mark Martin ceased to be Director on 30 Sep 2022. Michelle Mark Martin was appointed as Director on 11 Jun 2022. Vishvesh Girishchandra Bhagat was appointed as Whole-Time Director on 01 Feb 2022. Mruga Corporate Services has 15 board changes on record in total.
Yes, Mruga Corporate Services is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0045571).
Mruga Corporate Services can be reached through the website mrugacsl.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Mruga Corporate Services is at A302 Kher Nagar Sarvodaya Chs. Ltd. Bldg No. 11 Nr.P.F. Office Kher Nagar, Mhb Colony, Mumbai, Maharashtra, India – 400051.
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