Music & More Distribution Co. Private Limited

Music & More Distribution Co. Private Limited - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74900MH2008PTC186597 Incorporated 09 September 2008 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company consumer goods MSME · Small
Data last updated
Revenue · FY 2024
₹50.93 Cr
▲ 5% YoY
Net profit · FY 2024
₹5.28 Cr
Net margin 10.4%
EBITDA · FY 2024
₹7.63 Cr
EBITDA margin 15%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹10.1 Cr
Secured borrowings
Company age
18 yrs
Est. 2008
Directors on board
2
As per MCA filings

About Music & More Distribution Co. Private Limited

Data last updated:

Music & More Distribution Co. Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 09 September 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2008PTC186597. Its GSTIN is 09AABCO1489R1ZN (Uttar Pradesh).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Onstage Retail Ventures Private Limited. It is led by directors Harkirat Kulwant Sohal and Bharat Sabharwal.

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 3/202 Navjivan Commercial Premises Lamington Road, Mumbai, Maharashtra, India – 400008.

As per the financials filed for FY 2024, the company reported a revenue of ₹50.93 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹5.28 Cr (net margin 10.4%) and EBITDA of ₹7.63 Cr (EBITDA margin 15%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 12% over five years.

As per MCA filings, the company has open charges of ₹10.1 Cr on record. The company has 3 deals on record (3 secondary share transfers); the latest was in March 2018.

Music & More Distribution Co. Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0116786). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74900MH2008PTC186597
Registration Number 186597
Incorporation Date 09 September 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 Small
Udyam Registration UDYAM-MH-19-0116786

Recognitions & Rankings of Music & More Distribution Co

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-19-0116786

Contact details

Music & More Distribution Co. Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    3/202 Navjivan Commercial Premises Lamington Road, Mumbai, Maharashtra, India – 400008
  • Industry
    Consumer Goods, Accessories Retail & Distribution

To see the full contact details of Music & More Distribution Co. Private Limited, buy the company report.

Comprehensive company report
Music & More Distribution Co. 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 Music & More Distribution Co is arts, entertainment and recreation. In detail, this covers creative, arts and entertainment activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
RArts, entertainment and recreationR1Creative, arts and entertainment activities

To see the full business activity and turnover split of Music & More Distribution Co. Private Limited, buy the company report.

Financials of Music & More Distribution Co. Private Limited

FY 2024 filings available

Music & More Distribution Co. Private Limited reported revenue of ₹50.93 Cr (up 5% YoY) for FY 2024.

Revenue · FY 2024
₹50.93 Cr ▲ 5%
Net profit · FY 2024
₹5.28 Cr margin 10.4%
EBITDA · FY 2024
₹7.63 Cr margin 15%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 15%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 8%
5 years · compounded
▲ 6%

Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 5% growth in the latest year. EBITDA rose 9% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹7.63 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.28 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin15%
Net Profit Margin10.4%
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

To see the full financial statements and ratios of Music & More Distribution Co. Private Limited, buy the company report.

Board of directors of Music & More Distribution Co. Private Limited

Music & More Distribution Co has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Harkirat Kulwant SohalDirector29 Nov 201411 Years 11 MonthsCurrent
Bharat SabharwalDirector14 Dec 20178 Years 10 MonthsCurrent

Auditor

Music & More Distribution Co. Private Limited is audited by K.R. MANIK & CO for the financial year 2022.

Auditor firmFinancial yearFirm registration number
K.R. MANIK & COFY 2022009550

Shareholding

The shareholding of Music & More Distribution Co. Private 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Music & More Distribution Co. Private Limited, buy the company report.

Charges & borrowings

Open charges
₹10.1 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹9.70 Cr
Axis Bank Limited₹0.40 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Mar 2024100893508Others₹6.7 CrOpen
18 Oct 2022100624466Axis Bank Limited₹40 LakhOpen
23 Feb 2022100555184Others₹3 CrOpen

To see the full charge records of Music & More Distribution Co. Private Limited, buy the company report.

Total charge records: 3 View all charges

Deals & funding

Music & More Distribution Co. Private Limited has 3 deals on record (3 secondary share transfers); the latest was in March 2018.

Total deals
3
Secondary share transfers
3

Deals on record (3 of 3)

WhenDealAmountParties
Mar 2018Secondary share transferUndisclosedBuyer: 3 individuals
Seller: an individual
Mar 2017Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2011Secondary share transferUndisclosedBuyer: an individual
Seller: 2 individuals

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

MSME payment delays

No delayed payments to MSME suppliers are on our record for Music & More Distribution Co. Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Music & More Distribution Co has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
09AABCO1489R1ZNUttar PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Music & More Distribution Co. Private Limited, buy the company report.

Recent activity

Music & More Distribution Co. Private Limited has 7 board changes on record since 2011: 2 appointments and 5 cessations. The latest: Avani Bhavin Parekh ceased to be Director on 25 Jan 2019.

AGM
Music & More Distribution Co. Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others of Rs. 670.00 Lakh registered on 20 Mar 2024 with Charge ID 100893508 was modified on 28 Sep 2024.
Filing
Music & More Distribution Co. Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 670.00 Lakh with Charge ID 100893508 was registered on 20 Mar 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 40.00 Lakh with Charge ID 100624466 was registered on 18 Oct 2022.
Charges
A charge with Others of Rs. 300.00 Lakh registered on 23 Feb 2022 with Charge ID 100555184 was modified on 24 Mar 2022.
Charges
A charge with Others amounted to Rs. 300.00 Lakh with Charge ID 100555184 was registered on 23 Feb 2022.
Ceased
Avani Bhavin Parekh ceased to be Director.
Ceased
Chiragkumar Popatlal Darji ceased to be Director.
Appointed
Bharat Sabharwal was appointed as Director.
Ceased
Jasbir Singh Chandhok ceased to be Director.
Ceased
Natasha Singh Kochar ceased to be Director.

3 earlier events are in the company report.

Frequently asked questions

Music & More Distribution Co is an active private limited company based in Mumbai, Maharashtra, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 09 September 2008 (18+ years old) and is registered under CIN U74900MH2008PTC186597.

Music & More Distribution Co has 2 current directors:

The latest financial statements of Music & More Distribution Co 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 Music & More Distribution Co is 09AABCO1489R1ZN, registered in Uttar Pradesh.

The CIN (Corporate Identification Number) of Music & More Distribution Co is U74900MH2008PTC186597. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Music & More Distribution Co was incorporated on 09 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.

Music & More Distribution Co has 3 deals on record (3 secondary share transfers); the latest was in March 2018.

Avani Bhavin Parekh ceased to be Director on 25 Jan 2019. Chiragkumar Popatlal Darji ceased to be Director on 25 Jan 2019. Bharat Sabharwal was appointed as Director on 14 Dec 2017. Music & More Distribution Co has 7 board changes on record in total.

Yes, Music & More Distribution Co is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0116786).

The registered office of Music & More Distribution Co is at 3202 Navjivan Commercial Premises Lamington Road, Mumbai, Maharashtra, India – 400008.