MTC Ecom Private Limited - fashion and textile in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U74999MH2011PTC224691 Incorporated 08 December 2011 ROC Mumbai HQ Mumbai, Maharashtra, India
Dissolved Under Section 54 Private Limited Company fashion and textile
Data last updated
Revenue · FY 2018
₹12.7 Cr
▲ 27% YoY
Net loss · FY 2018
₹17.98 Cr
Net margin -141.6%
EBITDA · FY 2018
-₹16.98 Cr
EBITDA margin -133.7%
Authorised capital
₹3.26 Cr
Registered with MCA
Paid-up capital
₹3.06 Cr
Issued & subscribed
Company age
15 yrs
Est. 2011
Employees · EPFO
71
Provident fund records
Directors on board
2
As per MCA filings

About MTC Ecom Private Limited

Data last updated:

MTC Ecom Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been dissolved under section 54 as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the fashion retail segment of the fashion and textiles sector. It was incorporated on 08 December 2011.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2011PTC224691. The company has 3 GST registrations on record, none of which is active.

The company had an authorised share capital of ₹3.26 Cr and a paid-up capital of ₹3.06 Cr. It was led by directors Karan Behal (Person Incharge) and Chandra Shekhar Behal.

Its last annual general meeting (AGM) was held on 31 October 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 201 A 2nd Floor Pinnacle Corporate Park Building No.19 A Wing BKC Bandra East, Mumbai, Maharashtra, India – 400051.

As per the financials filed for FY 2018, the company reported a revenue of ₹12.7 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net loss of ₹17.98 Cr (net margin -141.6%) and EBITDA of -₹16.98 Cr (EBITDA margin -133.7%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years.

The company had about 71 employees on its provident fund (EPFO) records before it was dissolved.

The company was associated with 1 brand: PrettySecrets. Court records list 12 cases involving the company, including 11 filed against it; 4 cases are pending. The company has 10 deals on record (5 funding rounds, 3 convertible or debt financings, 2 secondary share transfers), with disclosed funding of ₹78.31 Cr; the latest was in May 2018.

Company Details of MTC Ecom Private Limited
CIN U74999MH2011PTC224691
Registration Number 224691
Incorporation Date 08 December 2011
ROC Mumbai
Listing Status Unlisted
Company Status Dissolved Under Section 54
Date of Last AGM 31 October 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    201 A 2nd Floor Pinnacle Corporate Park Building No.19 A Wing BKC Bandra East, Mumbai, Maharashtra, India – 400051
  • Industry
    Fashion and Textile, Fashion Retail
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Financials, compliance, directors, charges, ownership and filings for MTC Ecom Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of MTC Ecom Private Limited FY 2018 filings available

MTC Ecom Private Limited reported revenue of ₹12.7 Cr (up 27% YoY) for FY 2018.

Revenue · FY 2018
₹12.7 Cr ▲ 27%
Net loss · FY 2018
₹17.98 Cr margin -141.6%
EBITDA · FY 2018
-₹16.98 Cr margin -133.7%

Compounded Annual Growth Rate (CAGR) of MTC Ecom Private Limited

Revenue CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 13%

Revenue has grown at a compounded annual rate (CAGR) of 13% over three years, including 27% growth 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 MTC Ecom Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations••••••••••••••••
Other Income••••••••••••••••
Total Revenue₹12.7 Cr••••••••••••
Cost of Materials Consumed••••••••••••••••
Employee Benefit Expense••••••••••••••••
Finance Costs••••••••••••••••
Depreciation and Amortisation••••••••••••••••
Other Expenses••••••••••••••••
Total Expenses••••••••••••••••
EBITDA-₹16.98 Cr••••••••••••
Profit Before Tax••••••••••••••••
Tax Expense••••••••••••••••
Net Profit (PAT)-₹17.98 Cr••••••••••••
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 MTC Ecom Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-133.7%••••••••••••
Net Profit Margin-141.6%••••••••••••
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 MTC Ecom are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Auditor Details of MTC Ecom Private Limited

MTC Ecom Private Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2018.

NameStatusAppointment DateCessation Date
DELOITTE HASKINS & SELLS LLPLockedLockedLocked
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Complete auditor history

Appointment and cessation dates and past auditor changes are in the company report.

  • Appointment status
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Board of Directors of MTC Ecom Private Limited

MTC Ecom has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Karan BehalPerson Incharge30 Jul 201412 Years 2 MonthsAs last reported
Chandra Shekhar BehalNominee Director08 Dec 201114 Years 10 MonthsAs last reported

Ownership and Shareholding of MTC Ecom Private Limited

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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

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Charges & Borrowings of MTC Ecom Private Limited

MTC Ecom Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Deals & Funding of MTC Ecom Private Limited

MTC Ecom Private Limited has 10 deals on record (5 funding rounds, 3 convertible or debt financings, 2 secondary share transfers), with disclosed funding of ₹78.31 Cr; the latest was in May 2018.

Total deals
10
Funding rounds
5
Convertible or debt financings
3
Secondary share transfers
2
Disclosed funding
₹78.31 Cr

Deals on record (5 of 10)

WhenDealAmountParties
May 2018Funding round · Series C₹16.32 CrInvestors: Indian Angel Network Fund, RB Investments, Orios Venture Partners
Mar 2018Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals
Mar 2017Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Feb 2013Funding round₹1.83 CrInvestors: Fao Ventures, The Patni Family Office, 2 individuals
Mar 2012Funding round · Seed₹2.47 CrInvestors: Fao Ventures, 3 individuals
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Full deal history

All 10 deals with amounts, valuations, instruments and every party are in the company report.

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  • Amounts and valuations
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  • Instruments and deal dates

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Associated Brands with MTC Ecom Private Limited

MTC Ecom operates one associated brand: PrettySecrets. Each brand links to its own profile.

BrandDescriptionWebsite
Operates as an online-first private label brand specializing in lingerie.prettysecrets.com

Employees and EPFO Compliance at MTC Ecom Private Limited

MTC Ecom Private Limited has a workforce of 71 employees as of Mar 22, 2024.

Employee count
71
Active EPFO establishments
1
Employee growth
31.48%
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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

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Recent Activity on MTC Ecom Private Limited

MTC Ecom Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Anupam Mittal ceased to be Nominee Director on 27 Aug 2019.

Ceased
Anupam Mittal ceased to be Nominee Director.
AGM
Mtc Ecom Private Limited last Annual general meeting of members was held on 31 Oct 2018 as per latest MCA records.
Ceased
Farooq Afzal Oomerbhoy ceased to be Director.
Filing
Mtc Ecom Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Mumbai.
Ceased
Puneet Yogendra Behal ceased to be Director.
Appointed
Karan Behal was appointed as Person Incharge.
Appointed
Chandra Shekhar Behal was appointed as Nominee Director.
Incorporation
08 Dec 2011
Mtc Ecom Private Limited was registered on 08 Dec 2011 with Roc Mumbai & aged 14 years 10 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for MTC Ecom Private Limited

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Credit ratings, litigation, and regulatory alerts

Credit ratings, court records and regulatory alerts are in the company report.

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  • Court and tribunal cases
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MSME Payment Delays by MTC Ecom Private Limited

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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
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Subsidiaries & Group Companies of MTC Ecom Private Limited

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Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

  • Parent company
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GST Compliance of MTC Ecom Private Limited

MTC Ecom has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
3
Cancelled / inactive
3
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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.

  • GSTIN registrations
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MCA Filings & Documents of MTC Ecom 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.

  • Incorporation documents
  • Annual returns and statements
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Frequently Asked Questions about MTC Ecom Private Limited

MTC Ecom has been "Dissolved Under Section 54" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.

MTC Ecom was a private limited company based in Mumbai, Maharashtra, India. The company worked in fashion retail, within the fashion and textile industry. It was incorporated on 08 December 2011 and is registered under CIN U74999MH2011PTC224691. The company is recorded as dissolved under section 54 in MCA records and no longer exists as a legal entity.

MTC Ecom was incorporated on 08 December 2011. It is registered with the Registrar of Companies, Mumbai.

MTC Ecom had 2 directors:

The CIN (Corporate Identification Number) of MTC Ecom is U74999MH2011PTC224691. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of MTC Ecom is at 201 A 2nd Floor Pinnacle Corporate Park Building No.19 A Wing BKC Bandra East, Mumbai, Maharashtra, India – 400051.

MTC Ecom reported revenue of ₹12.7 Cr for FY 2018 (up 27% YoY).

MTC Ecom has an authorised share capital of ₹3.26 Cr and a paid-up capital of ₹3.06 Cr.

MTC Ecom reported a net loss of ₹17.98 Cr (net margin -141.6%) and EBITDA of -₹16.98 Cr (EBITDA margin -133.7%) for FY 2018, as per its filed financial statements.

No. MTC Ecom has 3 GST registrations on record and all of them are cancelled or inactive.

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