Myrain Scientific Solutions Private Limited
About Myrain Scientific Solutions Private Limited
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Myrain Scientific Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 16 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC110201. Its GSTIN is 29AALCM6170D1ZA (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.03 Lakh. It is led by directors including Prashant Vishwanath Rai (Managing Director) and Riyaz Hyder Mohiyuddeen.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at C212 Sls Springs Haralur Sector 2 Hsr Layout, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2022, the company reported a revenue of ₹5.02 Lakh, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹1.23 Lakh (net margin -24.5%) and EBITDA of -₹63,313 (EBITDA margin -12.6%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years.
Company details
Contact details
Myrain Scientific Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC212 Sls Springs Haralur Sector 2 Hsr Layout, Bangalore, Karnataka, India – 560102
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Myrain Scientific Solutions 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 Myrain Scientific Solutions is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Myrain Scientific Solutions Private Limited, buy the company report.
Financials of Myrain Scientific Solutions Private Limited
FY 2022 filings availableMyrain Scientific Solutions Private Limited reported revenue of ₹5.02 Lakh (down 79% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 43% over three years, including a 79% fall in the latest year. EBITDA rose 70% 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
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| EBITDA | -₹63,313 | ||||
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| Net Profit (PAT) | -₹1.23 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | -12.6% | ||||
| Net Profit Margin | -24.5% | ||||
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To see the full financial statements and ratios of Myrain Scientific Solutions Private Limited, buy the company report.
Board of directors of Myrain Scientific Solutions Private Limited
Myrain Scientific Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Vishwanath Rai | Managing Director | 26 Feb 2019 | 7 Years 8 Months | Current |
| Riyaz Hyder Mohiyuddeen | Director | 16 Feb 2018 | 8 Years 8 Months | Current |
| Moideen Sunaif Mustafa | Director | 16 Feb 2018 | 8 Years 8 Months | Current |
Auditor
Myrain Scientific Solutions Private Limited is audited by RAVI CHANDRA G & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVI CHANDRA G & CO | FY 2019 | 018056S |
Shareholding
The shareholding of Myrain Scientific Solutions Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Myrain Scientific Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Myrain Scientific Solutions Private 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 Myrain Scientific Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Myrain Scientific Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCM6170D1ZA | Karnataka | Active | 15 Jun 2018 |
To see the full GST registrations and return filing status of Myrain Scientific Solutions Private Limited, buy the company report.
Recent activity
Myrain Scientific Solutions Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Prashant Vishwanath Rai was appointed as Managing Director on 26 Feb 2019.
Frequently asked questions
Myrain Scientific Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 16 February 2018 (8+ years old) and is registered under CIN U74999KA2018PTC110201.
Myrain Scientific Solutions has 3 current directors:
- Prashant Vishwanath Rai - Managing Director
- Riyaz Hyder Mohiyuddeen - Director
- Moideen Sunaif Mustafa - Director
The latest financial statements of Myrain Scientific Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Myrain Scientific Solutions is 29AALCM6170D1ZA, registered in Karnataka.
The CIN (Corporate Identification Number) of Myrain Scientific Solutions is U74999KA2018PTC110201. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Myrain Scientific Solutions was incorporated on 16 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Prashant Vishwanath Rai was appointed as Managing Director on 26 Feb 2019. Moideen Sunaif Mustafa was appointed as Director on 16 Feb 2018. Riyaz Hyder Mohiyuddeen was appointed as Director on 16 Feb 2018.
The registered office of Myrain Scientific Solutions is at C212 Sls Springs Haralur Sector 2 Hsr Layout, Bangalore, Karnataka, India – 560102.
Myrain Scientific Solutions operates in the infrastructure and utilities industry, in the general construction services segment.
Myrain Scientific Solutions can be reached at its registered office: C212 Sls Springs Haralur Sector 2 Hsr Layout, Bangalore, Karnataka, India – 560102.
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