MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0183791
Myteam Retail Private Limited
Myteam Retail Private Limited - consumer electronics & durables in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.48 Cr
▲ 1% YoY
Net profit · FY 2025
₹88,512
Net margin 0.4%
EBITDA · FY 2025
₹26.87 Lakh
EBITDA margin 10.8%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.27 Cr
Issued & subscribed
Open charges
₹86.33 Lakh
Secured borrowings
Company age
10 yrs
Est. 2016
Directors on board
3
As per MCA filings
About Myteam Retail Private Limited
Data last updated:
Myteam Retail Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the furniture retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 29 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U52590KA2016PTC085683. Its GSTIN is 29AAKCM2470K1Z1 (Karnataka).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.27 Cr. It is led by directors including Ram Chand Moolchandani and Veluthaparambath Hussain.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ground & First Floor Horizon Plot No. 1 Benniganahalli K.R Puram, Bangalore, Karnataka, India – 560016.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.48 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹88,512 (net margin 0.4%) and EBITDA of ₹26.87 Lakh (EBITDA margin 10.8%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹86.33 Lakh on record. Court records list 5 cases involving the company, including 5 filed against it; 1 case is pending.
Myteam Retail Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0183791). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U52590KA2016PTC085683
Registration Number 085683
Incorporation Date 29 January 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0183791
Key People
Ram Chand Moolchandani Director Veluthaparambath Hussain Director Manoj Kumar Makhija Director Recognitions & Rankings of Myteam Retail
Contact details
Myteam Retail Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressGround & First Floor Horizon Plot No. 1 Benniganahalli K.R Puram, Bangalore, Karnataka, India – 560016
- IndustryConsumer Electronics & Durables, Furniture Retail & Distribution
To see the full contact details of Myteam Retail Private Limited, buy the company report.
Comprehensive company report
Myteam Retail 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Myteam Retail is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Myteam Retail Private Limited, buy the company report.
Financials of Myteam Retail Private Limited
FY 2025 filings availableMyteam Retail Private Limited reported revenue of ₹2.48 Cr (up 1% YoY) for FY 2025.
Revenue · FY 2025
₹2.48 Cr ▲ 1%
Net profit · FY 2025
₹88,512 margin 0.4%
EBITDA · FY 2025
₹26.87 Lakh margin 10.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▼ 10%
5 years · compounded
▼ 10%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 9%
5 years · compounded
▼ 6%
Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 10%. EBITDA fell 2% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹26.87 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹88,512 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.8% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Myteam Retail Private Limited, buy the company report.
Board of directors of Myteam Retail Private Limited
Myteam Retail has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ram Chand Moolchandani | Director | 29 Jan 2024 | 2 Years 8 Months | Current |
| Veluthaparambath Hussain | Director | 20 Mar 2020 | 6 Years 7 Months | Current |
| Manoj Kumar Makhija Also directs: Teamwork Retail Private Limited, Mybaby Fashions Private Limited | Director | 29 Jan 2024 | 2 Years 8 Months | Current |
Auditor
Myteam Retail Private Limited is audited by MOHAMED SALEEM & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MOHAMED SALEEM & CO | FY 2021 | 002085S |
Shareholding
The shareholding of Myteam Retail Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Myteam Retail Private Limited, buy the company report.
Charges & borrowings
Open charges
₹86.33 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Feb 2023 | 100717256 | Axis Bank Limited | ₹31.5 Lakh | Open | |
| 08 Jul 2020 | 100355397 | Others | ₹3.83 Lakh | Open | |
| 12 Apr 2019 | 100276476 | Canara Bank | ₹21 Lakh | Open | |
| 22 Nov 2018 | 100223059 | Others | ₹30 Lakh | Open |
Total charge records: 4 View all charges
Legal cases
Myteam Retail Private Limited has 5 court cases on record: 5 filed against it. 1 case is pending and 4 are disposed.
Total cases
5
Filed against the company
5
Pending
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro II, Rajasthan | Court case (Complaint) | Filed against the company by SMFG India Credit Company Ltd | Pending |
| District court, North West, Delhi | Cheque dishonour complaint | Filed against the company by M/S Clix Capital Services Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Yes Bank Ltd | Disposed |
| District court, BENGALURU, Karnataka | Court case (AA) | Filed against the company by Axis Bank Limited, Rep. by Its Area Legal Manager, Manjunatha M S | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Poonawalla Fincorp Ltd. | Disposed |
To see the full case history of Myteam Retail 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 Myteam Retail Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Myteam Retail has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCM2470K1Z1 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Myteam Retail Private Limited, buy the company report.
Recent activity
Myteam Retail Private Limited has 5 board changes on record since 2020: 3 appointments and 2 cessations. The latest: Mohammed Farhan Pasha ceased to be Director on 01 Feb 2024.
AGM
Myteam Retail Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Myteam Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Mohammed Farhan Pasha ceased to be Director.
Ceased
Shoukathali Cheruvanthody ceased to be Director.
Appointed
Manoj Kumar Makhija was appointed as Director.
Appointed
Ram Chand Moolchandani was appointed as Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.32 Cr with Charge ID 100717256 was registered on 02 Feb 2023.
Charges
A charge with Others amounted to Rs. 0.04 Cr with Charge ID 100355397 was registered on 08 Jul 2020.
Appointed
Veluthaparambath Hussain was appointed as Director.
Charges
A charge with Canara Bank amounted to Rs. 0.21 Cr with Charge ID 100276476 was registered on 12 Apr 2019.
Charges
A charge with Others amounted to Rs. 0.30 Cr with Charge ID 100223059 was registered on 22 Nov 2018.
Incorporation
29 Jan 2016
Myteam Retail Private Limited was registered on 29 Jan 2016 with Roc Bangalore & aged 10 years 8 months as per MCA records.
Frequently asked questions
Myteam Retail is an active private limited company based in Bangalore, Karnataka, India. The company works in furniture retail and distribution, within the consumer electronics and durables industry. It was incorporated on 29 January 2016 (10+ years old) and is registered under CIN U52590KA2016PTC085683.
Myteam Retail has 3 current directors:
- Ram Chand Moolchandani - Director
- Veluthaparambath Hussain - Director
- Manoj Kumar Makhija - Director
The latest financial statements of Myteam Retail on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Myteam Retail is 29AAKCM2470K1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of Myteam Retail is U52590KA2016PTC085683. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Myteam Retail has 5 court cases on record: 5 filed against it. 1 is pending.
Myteam Retail was incorporated on 29 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Mohammed Farhan Pasha ceased to be Director on 01 Feb 2024. Shoukathali Cheruvanthody ceased to be Director on 01 Feb 2024. Manoj Kumar Makhija was appointed as Director on 29 Jan 2024. Myteam Retail has 5 board changes on record in total.
Yes, Myteam Retail is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0183791).
The registered office of Myteam Retail is at Ground & First Floor Horizon Plot No. 1 Benniganahalli K.R Puram, Bangalore, Karnataka, India – 560016.