Mjvs Fashion Services Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.28 M
- Company Age 9 Year, 18 Days
- Last Filing with ROC 31 Mar 2024
- Revenue Growth -24.38%
- Profit Growth 29.76%
- Ebitda 26.92%
- Net Worth -117.01%
- Total Assets -25.93%
About Mjvs Fashion Services
Mjvs Fashion Services Private Limited (MFSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 22 April 2016 (Nine years 18 days old ). Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the E-Commerce Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.28 M, as per Ministry of Corporate Affairs (MCA) records.
Nicky Sidhwani, Mahima Kaul, and Jasmeet Thind serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999MH2016PTC280074
- Company No.
280074
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Apr 2016
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
E-Commerce
Mjvs Fashion Services Private Limited
Explore comprehensive data for Mjvs Fashion Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Mjvs Fashion Services?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nicky Sidhwani  | Additional Director | 01-Mar-2024 | Current |
| Mahima Kaul | Director | 22-Apr-2016 | Current |
| Jasmeet Thind | Director | 22-Apr-2016 | Current |
Financial Performance of Mjvs Fashion Services.
Mjvs Fashion Services Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 24.38% decrease. The company also saw a substantial improvement in profitability, with a 29.76% increase in profit. The company's net worth observed a substantial decline by a decrease of 117.01%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Mjvs Fashion Services?
In 2023, Mjvs Fashion Services had a promoter holding of 29.40% and a public holding of 70.60%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Mjvs Fashion Services?
Mjvs Fashion Services has a workforce of 16 employees as of Mar 28, 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 Mjvs Fashion Services, 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 Mjvs Fashion Services'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.
Latest Updates, News, and FAQs on Mjvs Fashion Services
Recent activity within the organization
- Annual General Meeting
Mjvs Fashion Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Mjvs Fashion Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Nicky Ashok Sidhwani was appointed as a Additional Director was appointed as a Additional Director on 01 Mar 2024 & has been associated with this company since 1 year 2 months .
- Director Appointment
Mahima Kaul was appointed as a Director was appointed as a Director on 22 Apr 2016 & has been associated with this company since 9 years 18 days .
- Director Appointment
Jasmeet Amrik Singh Thind was appointed as a Director was appointed as a Director on 22 Apr 2016 & has been associated with this company since 9 years 18 days .
- Company Incorporation
Mjvs Fashion Services Private Limited was registered on 22 Apr 2016 with Roc Mumbai & aged 9 years 18 days as per MCA records.
Recent News, Updates & Announcement
CoutLoot to onboard five million sellers from Tier 1 towns in the next two years.CoutLoot, Indias largest online non-grocery retail aggregator, said it plans to onboard five million sellers from Tier 1 towns in the next two years. The company said its focus on smaller cities is largely due to the opportunity size and the reality of the challenges that small city sellers face versus big cities..
- CoutLoot expands offline, to open 50 stores in 2023.
The existing small retailers currently generate between Rs70,000 to 5 lakh per month in sales. By partnering with CoutLoot, they will have access to a wider customer base, increased sales, and improved efficiencies in their operations..
- CoutLoot plans to launch private labels in clothing and footwear segments.
Founded by Thind and Mahima Kaul, CoutLoot has more than 16 million users and over 32 lakh sellers and stores in its network with an annual gross merchandise value of $100 million. The company recently entered into the offline retail segment by converting existing small shops and trading units into its own branded stores, part of a wider strategy to formalise the unorganised non-MRP non-grocery retailing in India..
- CoutLoot's AI Revolutionizes Selling Game, Brings in Cash with Firesell.
Me: *opens CoutLoot app* AI: *recognizes my clothes* Me: *sells them with Firesell* Money: *comes rolling in* CoutLoot: *revolutionizing selling game* Me: *happily counting my loot*.
- "Fashion Startup Coutloot Receives $1 Million in Funding, Expands Platform and Gains Impressive Investor Support in India's Growing Market".
When you're a fashion startup and you get $1 million in funding, you know you're doing something right. Coutloot is expanding and adding more categories to their platform. They're all about the circular economy and making fashion accessible to everyone. Their investors are impressed and see the potential for growth in India's market. Plus, they have a cool app with over 500,000 downloads. #startupgoals #fashionforward #cashmoney.
Frequently asked questions
What is the Incorporation or founding date of Mjvs Fashion Services Private Limited?
Mjvs Fashion Services Private Limited was incorporated on 22 Apr 2016.
What is authorized share capital and paid-up capital of Mjvs Fashion Services Private Limited?
The authorized share capital of Mjvs Fashion Services Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.28 M.
Who are the current board members & directors of Mjvs Fashion Services Private Limited?
Currently 3 directors are associated with Mjvs Fashion Services Private Limited.
- Nicky Ashok Sidhwani
- Mahima Kaul
- Jasmeet Amrik Singh Thind
What is the registered address of Mjvs Fashion Services Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mjvs Fashion Services Private Limited is 8Th Floor Unit No. 2B Prism Tower Link Road, Goregaon West India, Mumbai, Maharashtra, 400104.
What is the corporate identification number (CIN) and company number of Mjvs Fashion Services Private Limited?
The corporate identification number (CIN) of Mjvs Fashion Services Private Limited is U74999MH2016PTC280074 and the company number is 280074 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mjvs Fashion Services Private Limited?
The Official website of Mjvs Fashion Services Private Limited is https://www.coutloot.com
What has been the recent revenue trend for Mjvs Fashion Services Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Mjvs Fashion Services Private Limited has fallen by -24.38%.
How many employees does Mjvs Fashion Services Private Limited currently have?
As Per 2023 financial reports, 16 employees are currently employed by Mjvs Fashion Services Private Limited.
What change has been observed in the net worth of Mjvs Fashion Services Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mjvs Fashion Services Private Limited has experienced an downturn of -117.01%.
When was the last Balance Sheet of Mjvs Fashion Services Private Limited filed with the ROC?
The most recent Balance Sheet for Mjvs Fashion Services Private Limited was filed with the ROC on 31 Mar 2024.
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