Mydeals247 Ecommerce Private Limited

Mydeals247 Ecommerce Private Limited - e-commerce in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72200KA2011PTC058988 Incorporated 06 June 2011 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company e-commerce
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Directors on board
2
As per MCA filings
GST registrations
2
None active
Brands
2
Associated brands
Last financials
Mar 2018
Balance sheet date
Last AGM
29 Sep 2018
Annual general meeting

About Mydeals247 Ecommerce Private Limited

Data last updated:

Mydeals247 Ecommerce Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 06 June 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2011PTC058988. The company has 2 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Someneni Ravi Kumar and Somineni Venkata Ramanaiah.

Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at # 18/3 Lower Floor Executive Chambers Cunningham Road, Bangalore, Karnataka, India – 560052.

The company is associated with 2 brands: Mydeals247 and Mybargains. Court records list 17 cases involving the company, including 1 filed by the company and 16 filed against it; 1 case is pending.

The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website mydeals247.com.

Company details

CIN U72200KA2011PTC058988
Registration Number 058988
Incorporation Date 06 June 2011
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Non-Compliant

Contact details

Mydeals247 Ecommerce Private Limited's registered office is in Bangalore, Karnataka. Its website is mydeals247.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    # 18/3 Lower Floor Executive Chambers Cunningham Road, Bangalore, Karnataka, India – 560052
  • Industry
    E-Commerce, General E-Commerce Platforms

To see the full contact details of Mydeals247 Ecommerce Private Limited, buy the company report.

Comprehensive company report
Mydeals247 Ecommerce 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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Brands

Mydeals247 Ecommerce operates two associated brands: Mydeals247 and Mybargains. Each brand links to its own profile.

BrandDescriptionWebsite
A B2B marketplace for consumer products with dynamic bargaining options.mydeals247.com
Serves as a web and mobile app-based B2B marketplace for businesses.mybargains.company

Financials of Mydeals247 Ecommerce Private Limited

FY 2018 filings available

Financial Statement Summary

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
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
Profit Before Tax
Tax Expense
Net Profit (PAT)
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 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin
Net Profit Margin
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 Mydeals247 Ecommerce Private Limited, buy the company report.

Board of directors of Mydeals247 Ecommerce Private Limited

Mydeals247 Ecommerce has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Someneni Ravi KumarDirector06 Jun 201115 Years 5 MonthsCurrent
Somineni Venkata RamanaiahDirector26 May 20233 Years 5 MonthsCurrent

Auditor

Mydeals247 Ecommerce Private Limited is audited by GUPTA HEMANT AND CO for the financial year 2018.

Auditor firmFinancial yearFirm registration number
GUPTA HEMANT AND COFY 2018031100N

Shareholding

The shareholding of Mydeals247 Ecommerce Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Mydeals247 Ecommerce Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Mydeals247 Ecommerce Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Mydeals247 Ecommerce has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2

To see the full GST registrations and return filing status of Mydeals247 Ecommerce Private Limited, buy the company report.

Recent activity

Mydeals247 Ecommerce Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Somineni Venu Gopala Rao ceased to be Director on 08 Jun 2023.

Ceased
Somineni Venu Gopala Rao ceased to be Director.
Appointed
Somineni Venkata Ramanaiah was appointed as Director.
AGM
Mydeals247 Ecommerce Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
Filing
Mydeals247 Ecommerce Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Bangalore.
Appointed
Someneni Ravi Kumar was appointed as Director.
Incorporation
06 Jun 2011
Mydeals247 Ecommerce Private Limited was registered on 06 Jun 2011 with Roc Bangalore & aged 15 years 5 months as per MCA records.

Frequently asked questions

Mydeals247 Ecommerce is an active private limited company based in Bangalore, Karnataka, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 06 June 2011 (15+ years old) and is registered under CIN U72200KA2011PTC058988.

Mydeals247 Ecommerce has 2 current directors:

The latest financial statements of Mydeals247 Ecommerce on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.

No. Mydeals247 Ecommerce has 2 GST registrations on record and all of them are cancelled or inactive.

The CIN (Corporate Identification Number) of Mydeals247 Ecommerce is U72200KA2011PTC058988. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mydeals247 Ecommerce has 17 court cases on record: 1 filed by the company and 16 filed against it. 1 is pending.

Mydeals247 Ecommerce was incorporated on 06 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.

Somineni Venu Gopala Rao ceased to be Director on 08 Jun 2023. Somineni Venkata Ramanaiah was appointed as Director on 26 May 2023. Someneni Ravi Kumar was appointed as Director on 06 Jun 2011.

Mydeals247 Ecommerce can be reached through the website mydeals247.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Mydeals247 Ecommerce is at # 183 Lower Floor Executive Chambers Cunningham Road, Bangalore, Karnataka, India – 560052.