Mu Ventures India Private Limited
About Mu Ventures India Private Limited
Data last updated:
Mu Ventures India Private Limited is a foreign private limited company based in Delhi, India, a subsidiary of Mu Ventures Ltd. (Uk). The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the k-12 and higher education institutions segment of the education sector. It was incorporated on 05 November 2019.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U80902DL2019FTC357052.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Niharika Mahajan (Comp. Inc. Oi As Promoter) and Rakesh Chandra.
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 Gate No. 2 Western Wing Mezzanine Floor Thapar House 124 Janpath Connaught P, Lace, Delhi, India – 110001.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.21 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹4.38 Lakh (net margin 2%) and EBITDA of ₹6.32 Lakh (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years.
The company has about 9 employees on its provident fund (EPFO) records.
Company details
Contact details
Mu Ventures India Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGate No. 2 Western Wing Mezzanine Floor Thapar House 124 Janpath Connaught P, Lace, Delhi, India – 110001
- IndustryEducation, K-12 & Higher Education Institutions
To see the full contact details of Mu Ventures India Private Limited, buy the company report.
- 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
Financials of Mu Ventures India Private Limited
FY 2024 filings availableMu Ventures India Private Limited reported revenue of ₹2.21 Cr (down 34% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 34% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA rose 132% 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 | ₹6.32 Lakh | ||||
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| Net Profit (PAT) | ₹4.38 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 2.9% | ||||
| Net Profit Margin | 2% | ||||
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To see the full financial statements and ratios of Mu Ventures India Private Limited, buy the company report.
Board of directors of Mu Ventures India Private Limited
Mu Ventures India has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niharika Mahajan Also directs: Ridhayana Private Limited | Comp. Inc. Oi As Promoter | 05 Nov 2019 | 6 Years 11 Months | As last reported |
| Gurdip Singh Binning | Additional Director | 06 Mar 2021 | 5 Years 7 Months | As last reported |
| Rakesh Chandra Also directs: Zenith Buildcon Private Limited, Paradise Developers Private Limited, Sortyout IT Services India Private Limited and 2 more | Director | 05 Nov 2019 | 6 Years 11 Months | As last reported |
Auditor
Mu Ventures India Private Limited is audited by HEMANT SHAH AND ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HEMANT SHAH AND ASSOCIATES LLP | FY 2023 | 0120816W |
Shareholding
The shareholding of Mu Ventures India Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Mu Ventures India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mu Ventures India 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 Mu Ventures India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mu Ventures India Private Limited has a workforce of 9 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Mu Ventures India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mu Ventures India Private Limited has 5 board changes on record since 2019: 3 appointments and 2 cessations. The latest: Eran Kochlany ceased to be Director on 10 Mar 2021.
Frequently asked questions
Mu Ventures India is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Mu Ventures India is a company under liquidation, formerly operating as a foreign private limited company based in Delhi, India. The company works in k-12 and higher education institutions, within the education industry. It was incorporated on 05 November 2019 and is registered under CIN U80902DL2019FTC357052. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Mu Ventures India has 3 current directors:
- Gurdip Singh Binning - Additional Director
- Rakesh Chandra - Director
- Niharika Mahajan - Comp. Inc. Oi As Promoter
The latest financial statements of Mu Ventures India 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 FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Mu Ventures India is U80902DL2019FTC357052. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mu Ventures India was incorporated on 05 November 2019. It is registered with the Registrar of Companies, Delhi.
Eran Kochlany ceased to be Director on 10 Mar 2021. Kathleen Ann Bell ceased to be Director on 08 Mar 2021. Gurdip Singh Binning was appointed as Additional Director on 06 Mar 2021. Mu Ventures India has 5 board changes on record in total.
The registered office of Mu Ventures India is at Gate No. 2 Western Wing Mezzanine Floor Thapar House 124 Janpath Connaught P, Lace, Delhi, India – 110001.
Mu Ventures India operates in the education industry, in the k-12 and higher education institutions segment.
Mu Ventures India can be reached at its registered office: Gate No. 2 Western Wing Mezzanine Floor Thapar House 124 Janpath Connaught P, Lace, Delhi, India – 110001.