About Multiicon Ideotechnology Private Limited
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Multiicon Ideotechnology Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 10 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2017PTC095057. Its GSTIN is 24AAKCM7768E1Z5 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bhavin Yogeshbhai Thakkar and Nisha Bhavinbhai Thakkar.
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 Rajkot, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.69 Cr, a growth of 56% compared to the previous year. For the same year it recorded a net profit of ₹3.6 Lakh (net margin 2.1%) and EBITDA of ₹19.29 Lakh (EBITDA margin 11.4%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 7% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Market Maya and Multiicon.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website multiicon.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressOffice No 301/302/303 Rumi Plaza Third Floor Maruti Nagar 3 Corner Airp, Ort Road, Rajkot, Gujarat, India – 360005
- IndustryInternet, Online Service Marketplaces
- 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 of Multiicon Ideotechnology Private Limited
The main business activity of Multiicon Ideotechnology is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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 Multiicon Ideotechnology Private Limited FY 2024 filings available
Multiicon Ideotechnology Private Limited reported revenue of ₹1.69 Cr (up 56% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Multiicon Ideotechnology Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 56% growth in the latest year. EBITDA rose 27% 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 Multiicon Ideotechnology Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹19.29 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.6 Lakh | •••• | •••• | •••• | •••• |
| 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 Multiicon Ideotechnology Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.1% | •••• | •••• | •••• | •••• |
| 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 Multiicon Ideotechnology 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 Multiicon Ideotechnology Private Limited
Multiicon Ideotechnology Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Online Service Providers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Be to Be Infomedia Private Limited | ₹1.72 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Ten On Ten Hospitality & Events Private Limited | ₹1.72 Cr (FY 2025) | •••• | •••• | 1638.0% | •••• | Mumbai, Maharashtra, India |
| Foodybuddy Applications Private Limited | ₹1.7 Cr (FY 2023) | •••• | •••• | 1641.0% | •••• | Bangalore, Karnataka, India |
| Martechs (OPC) Private Limited | ₹1.7 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Pune, Maharashtra, India |
| Zetagile Info Solutions Private Limited | ₹1.69 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Secunderabad, Telangana, India |
| Multiicon Ideotechnology Private Limited this company | ₹1.69 Cr (FY 2024) | •••• | •••• | 56.0% | •••• | Rajkot, Gujarat, India |
| Eywa Media Innovations Private Limited | ₹1.69 Cr (FY 2023) | •••• | •••• | -46.0% | •••• | Bangalore, Karnataka, India |
| Adbiz Directory Services Private Limited | ₹1.69 Cr (FY 2021) | •••• | •••• | 1537.0% | •••• | Surat, Gujarat, India |
| Fieldcircle Private Limited | ₹1.68 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Engees Communications Private Limited | ₹1.68 Cr (FY 2025) | •••• | •••• | 76.0% | •••• | Surat, Gujarat, India |
| Rolling Filters (OPC) Private Limited | ₹1.67 Cr (FY 2023) | •••• | •••• | 69.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Multiicon Ideotechnology by revenue in the Ecommerce and Internet industry (Online Service Providers), 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 Multiicon Ideotechnology Private Limited
Multiicon Ideotechnology Private Limited is audited by CHANDARANA VADERA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHANDARANA VADERA & ASSOCIATES | 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 Multiicon Ideotechnology Private Limited
Multiicon Ideotechnology has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavin Yogeshbhai Thakkar | Director | 10 Jan 2017 | 9 Years 8 Months | Current |
| Nisha Bhavinbhai Thakkar | Director | 10 Jan 2017 | 9 Years 8 Months | Current |
Ownership and Shareholding of Multiicon Ideotechnology 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 Multiicon Ideotechnology Private Limited
Multiicon Ideotechnology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
MSME Payment Delays by Multiicon Ideotechnology Private Limited
Multiicon Ideotechnology Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Cloud4c Services Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Multiicon Ideotechnology Private Limited
Multiicon Ideotechnology operates two associated brands: Market Maya and Multiicon. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI platform for building, backtesting, and automating trading strategies. | marketmaya.com | |
| Software development and IT solutions in finance, travel, and other sectors. | multiicon.in |
Employees and EPFO Compliance at Multiicon Ideotechnology Private Limited
Employment history and EPFO contributions of people linked to Multiicon Ideotechnology.
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 Multiicon Ideotechnology Private Limited
Multiicon Ideotechnology Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Bhavin Yogeshbhai Thakkar was appointed as Director on 10 Jan 2017.
Credit Ratings, Litigation & Regulatory Alerts for Multiicon Ideotechnology 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.
Subsidiaries & Group Companies of Multiicon Ideotechnology 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 Multiicon Ideotechnology Private Limited
Multiicon Ideotechnology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCM7768E1Z5 | Gujarat | Active | 29 Jun 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 Multiicon Ideotechnology 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 Multiicon Ideotechnology Private Limited
Multiicon Ideotechnology is an active private limited company based in Rajkot, Gujarat, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 10 January 2017 (9+ years old) and is registered under CIN U72900GJ2017PTC095057.
Multiicon Ideotechnology reported revenue of ₹1.69 Cr for FY 2024 (up 56% YoY).
Multiicon Ideotechnology has 2 current directors:
- Bhavin Yogeshbhai Thakkar - Director
- Nisha Bhavinbhai Thakkar - Director
Multiicon Ideotechnology reported a net profit of ₹3.6 Lakh (net margin 2.1%) and EBITDA of ₹19.29 Lakh (EBITDA margin 11.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Multiicon Ideotechnology is 40% over three years and 7% over five years. In the latest year (FY 2024) revenue rose 56%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Multiicon Ideotechnology is 24AAKCM7768E1Z5, registered in Gujarat.
The CIN (Corporate Identification Number) of Multiicon Ideotechnology is U72900GJ2017PTC095057. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Multiicon Ideotechnology was incorporated on 10 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Multiicon Ideotechnology by revenue are Be to Be Infomedia Private Limited, Ten On Ten Hospitality & Events Private Limited, Foodybuddy Applications Private Limited, Martechs (OPC) Private Limited, Zetagile Info Solutions Private Limited and 5 more, all in the Ecommerce and Internet industry (Online Service Providers).
Bhavin Yogeshbhai Thakkar was appointed as Director on 10 Jan 2017. Nisha Bhavinbhai Thakkar was appointed as Director on 10 Jan 2017.
Multiicon Ideotechnology has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 25 Jun 2019.
Multiicon Ideotechnology can be reached through the website multiicon.in. Its registered office is in Rajkot, Gujarat, India.