About MVK Ecommerce Private Limited
Data last updated:
MVK Ecommerce Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 12 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH2012PTC226798. Its GSTIN is 27AAECT1492N1ZU (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹6 Lakh and a paid-up capital of ₹5.27 Lakh. It was formerly known as Tech Wind Computer Services Private Limited and Tech Wind Marketing & Online Trading Services Private Limited. It is led by directors Dipali Bhausaheb Dongare and Bhagwan Madhavrao Khandekar.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Flat No. C – 201 Green World Gut No.2 42 Hissa Navi Mumbai, Maharashtra, India – 400708.
As per the financials filed for FY 2021, the company reported a revenue of ₹7.37 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹18.05 Lakh (net margin 2.5%) and EBITDA of ₹27.68 Lakh (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years.
Court records list 4 cases involving the company, including 4 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website khandekargroup.com.
Company details
Name history
MVK Ecommerce has undergone 7 name changes throughout its history. The current legal name is Mvk Ecommerce Private Limited.
| Company Name | Status |
|---|---|
| MVK Ecommerce Private Limited | Current |
| Tech Wind Computer Services Private Limited | Previous |
| Tech Wind Marketing & Online Trading Services Private Limited | Previous |
| Tech Wind Exim And Trade Private Limited | Previous |
| Tech Wind Online Services And Marketing Private Limited | Previous |
| Tech Wind Ecommerce Services Private Limited | Previous |
| Tech Wind Online Trade And Services Private Limited | Previous |
| Tech Online Marketing Services Private Limited | Previous |
CIN history
MVK Ecommerce has one previous CIN (Corporate Identification Number): U72900MH2012PTC226798. The current CIN is U74110MH2012PTC226798, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH2012PTC226798 | Current |
| U72900MH2012PTC226798 | Previous |
Contact details
MVK Ecommerce Private Limited's registered office is in Mumbai, Maharashtra. Its website is khandekargroup.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressFlat No. C – 201 Green World Gut No.2 42 Hissa Navi Mumbai, Maharashtra, India – 400708
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of MVK Ecommerce 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
Business activity
The main business activity of MVK Ecommerce is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of MVK Ecommerce Private Limited, buy the company report.
Financials of MVK Ecommerce Private Limited
FY 2021 filings availableMVK Ecommerce Private Limited reported revenue of ₹7.37 Cr (up 24% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over three years, including 24% 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | ₹27.68 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18.05 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.8% | ||||
| Net Profit Margin | 2.5% | ||||
| 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 MVK Ecommerce Private Limited, buy the company report.
Board of directors of MVK Ecommerce Private Limited
MVK Ecommerce has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dipali Bhausaheb Dongare | Director | 12 Feb 2016 | 10 Years 8 Months | Current |
| Bhagwan Madhavrao Khandekar Also directs: Starnk Online Marketing LLP, PMK Technologies Private Limited, Traker Networks Private Limited and 2 more | Additional Director | 25 Oct 2012 | 14 Years 0 Months | Current |
Auditor
MVK Ecommerce Private Limited is audited by SHILPI & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHILPI & CO | FY 2020 | 145539W |
Shareholding
The shareholding of MVK Ecommerce Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of MVK Ecommerce Private Limited, buy the company report.
Legal cases
MVK Ecommerce Private Limited has 4 court cases on record: 4 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro I, Rajasthan | Criminal case | Filed against the company by Gxpress Solutions India Pvt.Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by DHL Express (India) Pvt. Ltd. Th. Chandrasen Upadhyay | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed against the company by M/S. Pace Express Pvt. Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed against the company by Sustainable Agro Commercial Finance Co. Ltd. | Disposed |
To see the full case history of MVK Ecommerce Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for MVK Ecommerce Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
MVK Ecommerce has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECT1492N1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of MVK Ecommerce Private Limited, buy the company report.
Recent activity
MVK Ecommerce Private Limited has 10 board changes on record since 2012: 2 appointments and 8 cessations. The latest: Bijal Rajnikant Shah ceased to be Director on 01 Oct 2018.
1 earlier event is in the company report.
Frequently asked questions
MVK Ecommerce is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 12 February 2012 (14+ years old) and is registered under CIN U74110MH2012PTC226798.
MVK Ecommerce has 2 current directors:
- Dipali Bhausaheb Dongare - Director
- Bhagwan Madhavrao Khandekar - Additional Director
The latest financial statements of MVK Ecommerce on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of MVK Ecommerce is 27AAECT1492N1ZU, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of MVK Ecommerce is U74110MH2012PTC226798. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MVK Ecommerce has 4 court cases on record: 4 filed against it. 2 are pending.
MVK Ecommerce was incorporated on 12 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Bijal Rajnikant Shah ceased to be Director on 01 Oct 2018. Dipali Bhausaheb Dongare was appointed as Director on 12 Feb 2016. Madhav Vishwanath Khandekar ceased to be Director on 12 Feb 2016. MVK Ecommerce has 10 board changes on record in total.
MVK Ecommerce can be reached through the website khandekargroup.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of MVK Ecommerce is at Flat No. C – 201 Green World Gut No.2 42 Hissa Navi Mumbai, Maharashtra, India – 400708.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
