My City Technology Limited
About My City Technology Limited
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My City Technology Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Lavasa Corporation Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 04 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2009PLC194613. Its GSTIN is 27AAGCM1198L1Z0 (Maharashtra).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹28.65 Lakh. It is led by directors including Mrityunjoy Hemantakumar Goswami and Avinash Jaigovind Harde.
Its last annual general meeting (AGM) was held on 27 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Hincon House Lal Bahadur Shastri Marg, Mumbai, Maharashtra, India – 400083.
As per the financials filed for FY 2018, the company reported a revenue of ₹46.44 Lakh, a decline of 21% compared to the previous year. For the same year it recorded a net loss of ₹1.69 Cr (net margin -364.8%) and EBITDA of -₹1.64 Cr (EBITDA margin -354.2%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
The company has 1 deal on record (1 acquisition); the latest was in July 2010. Its 10 peer companies in the same principal business activity (data processing, hosting and related activities; web portal) are compared by revenue, 5 larger and 5 smaller; the largest is Naum Retail Private Limited with revenue of ₹46.78 Lakh.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
My City Technology Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressHincon House Lal Bahadur Shastri Marg, Mumbai, Maharashtra, India – 400083
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of My City Technology 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 My City Technology is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of My City Technology Limited, buy the company report.
Financials of My City Technology Limited
FY 2018 filings availableMy City Technology Limited reported revenue of ₹46.44 Lakh (down 21% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 37% over three years, including a 21% fall in the latest year. EBITDA rose 8% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹46.44 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹1.64 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.69 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -354.2% | |||
| Net Profit Margin | -364.8% | |||
| 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 My City Technology Limited, buy the company report.
Board of directors of My City Technology Limited
My City Technology has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mrityunjoy Hemantakumar Goswami Also directs: Rosebay Hotels Limited, Future City Multiservices Sez Limited, Dasve Business Hotel Limited and 5 more | Director | 23 Jul 2017 | 9 Years 3 Months | Current |
| Avinash Jaigovind Harde Also directs: Green Hills Residences Limited, Hill City Service Apartments Limited, Rosebay Hotels Limited and 5 more | Director | 25 Apr 2016 | 10 Years 6 Months | Current |
| Sureshkumar Prabhakar Pendharkar Also directs: Dasve Hospitality Institutes Limited, Ecomotel Hotel Limited, Green Hills Residences Limited and 3 more | Director | 04 Aug 2009 | 17 Years 2 Months | Current |
Peer comparison
My City Technology Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Naum Retail Private Limited | ₹46.78 Lakh (FY 2023) | -28.0% | Green Hills Road Moosapet, Telangana, India | |||
| Rockwoods Software Tech Solutions Private Limited | ₹46.74 Lakh (FY 2025) | 213.0% | Hyderabad, Telangana, India | |||
| Xpro Solutions Private Limited | ₹46.7 Lakh (FY 2022) | 9.0% | Bhubaneswar, Odisha, India | |||
| Ogl Solutions Private Limited | ₹46.7 Lakh (FY 2025) | 1.0% | Chennai, Tamil Nadu, India | |||
| Raj Digital Media (OPC) Private Limited | ₹46.47 Lakh (FY 2023) | 73.0% | Gurugram, Haryana, India | |||
| My City Technology Limitedthis company | ₹46.44 Lakh (FY 2018) | -₹1.69 Cr | -364.8% | -21.0% | 1 | Mumbai, Maharashtra, India |
| Affligent Private Limited | ₹46.38 Lakh (FY 2020) | -35.0% | Delhi, India | |||
| Zaw Outsourcing Solutions Private Limited | ₹46.36 Lakh (FY 2024) | 53.0% | Chandigarh, India | |||
| Wats Infosystems Private Limited | ₹46.34 Lakh (FY 2025) | -1.0% | Noida, Uttar Pradesh, India | |||
| Virtualan Software Private Limited | ₹46.11 Lakh (FY 2024) | 71.0% | Chennai, Tamil Nadu, India | |||
| Spidersoftech Data Services Private Limited | ₹45.85 Lakh (FY 2024) | -20.0% | Lakkapuram, Tamil Nadu, India |
To see the full peer comparison of My City Technology Limited, buy the company report.
Auditor
My City Technology Limited is audited by WALKER CHANDIOK & CO LLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| WALKER CHANDIOK & CO LLP | FY 2018 | 001076N |
Shareholding
The shareholding of My City Technology Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of My City Technology Limited, buy the company report.
Deals & funding
My City Technology Limited has 1 deal on record (1 acquisition); the latest was in July 2010.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2010 | Acquisition | Undisclosed | Buyer: Cisco Systems (India) Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving My City Technology 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 My City Technology Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
My City Technology Limited has a workforce of 1 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
My City Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCM1198L1Z0 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of My City Technology Limited, buy the company report.
Recent activity
My City Technology Limited has 13 board changes on record since 2009: 3 appointments and 10 cessations. The latest: Mrityunjoy Hemantakumar Goswami ceased to be Director on 04 Apr 2019.
4 earlier events are in the company report.
Frequently asked questions
My City Technology is an active public limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 04 August 2009 (17+ years old) and is registered under CIN U72900MH2009PLC194613.
My City Technology has 3 current directors:
- Mrityunjoy Hemantakumar Goswami - Director
- Avinash Jaigovind Harde - Director
- Sureshkumar Prabhakar Pendharkar - Director
The latest financial statements of My City Technology on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 27 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of My City Technology is 27AAGCM1198L1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of My City Technology is U72900MH2009PLC194613. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
My City Technology was incorporated on 04 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
My City Technology has 1 deal on record (1 acquisition); the latest was in July 2010.
The peers of My City Technology by revenue are Naum Retail Private Limited, Rockwoods Software Tech Solutions Private Limited, Xpro Solutions Private Limited, Ogl Solutions Private Limited, Raj Digital Media (OPC) Private Limited and 5 more, all in the same principal business activity (data processing, hosting and related activities; web portal).
Mrityunjoy Hemantakumar Goswami ceased to be Director on 04 Apr 2019. Mrityunjoy Hemantakumar Goswami was appointed as Director on 23 Jul 2017. Sharad Pundlick Naik ceased to be Director on 23 Jul 2017. My City Technology has 13 board changes on record in total.
The registered office of My City Technology is at Hincon House Lal Bahadur Shastri Marg, Mumbai, Maharashtra, India – 400083.
My City Technology operates in the information technology industry, in the IT consulting and support services segment.
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