Mify Solutions Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 1.00 M
- Company Age 13 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.89 M
- Satisfied Charges ₹ 4.88 M
- Revenue Growth -25.44%
- Profit Growth 268.17%
- Ebitda 142.63%
- Net Worth 72.07%
- Total Assets 0.52%
About Mify Solutions
Mify Solutions Private Limited (MSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 July 2011 and has a history of 13 years and seven months. Its registered office is in Ghaziabad, Uttar Pradesh, India.
The Company is engaged in the Media And Publishing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹3.89 M. The company has closed loans amounting to ₹4.88 M, as per Ministry of Corporate Affairs (MCA) records.
Jugal Paliwal, Anishma Sharma, and Anshu Kapoor serve as directors at the Company.
Company Details
-
Location
Ghaziabad, Uttar Pradesh, India
-
Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
Social Media
Corporate Identity Details
-
CIN/LLPIN
U72300UP2011PTC045530
-
Company No.
045530
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
01 Jul 2011
-
Date of AGM
30 Sep 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Kanpur
Industry
Who are the key members and board of directors at Mify Solutions?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jugal Paliwal
|
Director | 02-Oct-2017 | Current |
|
Anishma Sharma
|
Director | 16-Jul-2021 | Current |
|
Anshu Kapoor
|
Director | 02-Sep-2021 | Current |
Financial Performance of Mify Solutions.
Mify Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 25.44% decrease. The company also saw a substantial improvement in profitability, with a 268.17% increase in profit. The company's net worth Soared by an impressive increase of 72.07%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Mify Solutions?
In 2023, Mify Solutions had a public holding of 90.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹3.89 M
₹4.88 M
Charges Breakdown by Lending Institutions
- Others : 0.39 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jan 2019 | Others | ₹3.89 M | Open |
| 30 Sep 2015 | Icic Bank | ₹0.78 M | Satisfied |
| 16 Sep 2015 | Daimler Financial Services India Private Limited | ₹3.50 M | Satisfied |
| 03 Mar 2015 | Icici Bank | ₹0.60 M | Satisfied |
How Many Employees Work at Mify Solutions?
Mify Solutions has a workforce of 46 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mify Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mify Solutions's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
