MX Business Network Private Limited
About MX Business Network Private Limited
Data last updated:
MX Business Network Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the creative segment of the art and creative services sector. It was incorporated on 07 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U92410MH2020PTC337347. Its GSTIN is 27AANCM3085D1ZC (Maharashtra). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Avneet Singh and Sapna Dadwal.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.33 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹44.05 Lakh (net margin 13.2%) and EBITDA of ₹60.68 Lakh (EBITDA margin 18.2%).
The company has about 17 employees on its provident fund (EPFO) records.
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- Registered AddressB – 604 Woodrose Chs Ltd. Pl No 320 Lokhandwala Complex Nr Hdfc Bank Andhe, Ri (West), Mumbai, Maharashtra, India – 400053
- IndustryArt, Creative, Arts And Entertainment Activities
- 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
- One PDF report, delivered after checkout
Business Activity of MX Business Network Private Limited
The main business activity of MX Business Network is arts, entertainment and recreation. In detail, this covers creative, arts and entertainment activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | R1 | Creative, arts and entertainment 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.
Auditor Details of MX Business Network Private Limited
MX Business Network Private Limited is audited by MASD & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MASD & CO. | 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 MX Business Network Private Limited
MX Business Network has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avneet Singh Also directs: Indian Steel Construction Association | Director | 07 Feb 2020 | 6 Years 7 Months | Current |
| Sapna Dadwal Also directs: Indian Steel Construction Association | Director | 07 Feb 2020 | 6 Years 7 Months | Current |
Financials of MX Business Network Private Limited FY 2023 filings available
MX Business Network Private Limited reported revenue of ₹3.33 Cr (up 309% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of MX Business Network Private Limited
Revenue rose 309% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of MX Business Network Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹3.33 Cr | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹60.68 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹44.05 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 of MX Business Network Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 18.2% | •••• | •••• | •••• |
| Net Profit Margin | 13.2% | •••• | •••• | •••• |
| 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 MX Business Network are in the company report.
Financial statements from FY 2020
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.
Ownership and Shareholding of MX Business Network 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 MX Business Network Private Limited
MX Business Network Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at MX Business Network Private Limited
MX Business Network Private Limited has a workforce of 17 employees as of Apr 02, 2024.
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.
GST Compliance of MX Business Network Private Limited
MX Business Network has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANCM3085D1ZC | Maharashtra | Active | 13 Mar 2020 |
| 36AANCM3085D1ZD | Telangana | Active | 25 Jun 2022 |
| 33AANCM3085D1ZJ | Tamil Nadu | Active | 02 Mar 2025 |
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.
Credit Ratings, Litigation & Regulatory Alerts for MX Business Network 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.
MSME Payment Delays by MX Business Network Private Limited
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
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of MX Business Network 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.
MCA Filings & Documents of MX Business Network 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.
Recent Activity on MX Business Network Private Limited
Frequently Asked Questions about MX Business Network Private Limited
MX Business Network is an active private limited company based in Mumbai, Maharashtra, India. The company works in creative, within the art industry. It was incorporated on 07 February 2020 (6+ years old) and is registered under CIN U92410MH2020PTC337347.
MX Business Network reported revenue of ₹3.33 Cr for FY 2023 (up 309% YoY).
MX Business Network has 2 current directors:
- Avneet Singh - Director
- Sapna Dadwal - Director
MX Business Network reported a net profit of ₹44.05 Lakh (net margin 13.2%) and EBITDA of ₹60.68 Lakh (EBITDA margin 18.2%) for FY 2023, as per its filed financial statements.
The GSTIN of MX Business Network is 27AANCM3085D1ZC, registered in Maharashtra. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 36AANCM3085D1ZD (Telangana), 33AANCM3085D1ZJ (Tamil Nadu).
The CIN (Corporate Identification Number) of MX Business Network is U92410MH2020PTC337347. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MX Business Network was incorporated on 07 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The registered office of MX Business Network is at B – 604 Woodrose Chs Ltd. Pl No 320 Lokhandwala Complex Nr Hdfc Bank Andhe, Ri West, Mumbai, Maharashtra, India – 400053.
MX Business Network has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.