Mylo Solutions Private Limited

Develops mobile and computer software and solutions for retail consumers and construction industry.

2011 | Navi Mumbai, Maharashtra (India) | Active
Last Updated: December 03, 2024

Mylo Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.30 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 13 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -67.49%
  • Profit Growth -94.60%
  • Ebitda -85.65%
  • Net Worth 4.69%
  • Total Assets 0.38%

About Mylo Solutions

Mylo Solutions Private Limited (MSPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 December 2011 and has a history of 13 years and one month. Its registered office is in Navi Mumbai, Maharashtra.

The Company is engaged in the Information Technology 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 0.30 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Arjun Kumar and Akhil Kumar serve as directors at the Company.

Company Details

  • Location Navi Mumbai, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72300MH2011PTC225183

  • Company No.

    225183

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Dec 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology
Infrastructure and Utilities

Who are the key members and board of directors at Mylo Solutions?

Board Members (2)

Name Designation Appointment Date Status
Arjun Kumar Country flag representing In Director 20-Dec-2011 Current
Akhil Kumar Country flag representing In Additional Director 12-Aug-2020 Current

Financial Performance of Mylo Solutions.

Mylo Solutions Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 67.49% decrease. The company also saw a substantial fall in profitability, with a 94.6% decrease in profit. The company's net worth moved up by a moderate rise of 4.69%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-67.49%
Revenue from Operations
-67.49%
Total Assets
0.38%
Profit or Loss
-94.60%
Net Worth
4.69%
EBITDA
-85.65%

What is the Ownership and Shareholding Structure of Mylo Solutions?

In 2018, Mylo Solutions had a promoter holding of 96.99% and a public holding of 3.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Mylo Solutions?

Unlock and access historical data on people associated with Mylo Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mylo 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 Mylo Solutions's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Mylo Solutions

Recent activity within the organization

  • Annual General Meeting

    Mylo Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Mylo Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Akhil Vasanth Kumar was appointed as a Additional Director was appointed as a Additional Director on 12 Aug 2020 & has been associated with this company since 4 years 6 months .

    12 Aug 2020

  • Director Appointment

    Arjun Vasanth Kumar was appointed as a Director was appointed as a Director on 20 Dec 2011 & has been associated with this company since 13 years 1 month .

    20 Dec 2011

  • Company Incorporation

    Mylo Solutions Private Limited was registered on 20 Dec 2011 with Roc Mumbai & aged 13 years 1 month as per MCA records.

    20 Dec 2011

Frequently asked questions

  • Mylo Solutions Private Limited was incorporated on 20 Dec 2011.

  • The authorized share capital of Mylo Solutions Private Limited is ₹ 0.30 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Mylo Solutions Private Limited.

    • Arjun Vasanth Kumar
    • Akhil Vasanth Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mylo Solutions Private Limited is Office No.702-703 A-Wing Floor No. 7Th Meridian Business Center Sector 30 Plot No 27, Sanpada India, Navi Mumbai, Maharashtra, 400705.

  • The corporate identification number (CIN) of Mylo Solutions Private Limited is U72300MH2011PTC225183 and the company number is 225183 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Mylo Solutions Private Limited has fallen by -67.49%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Mylo Solutions Private Limited has experienced an upsurge of 4.69%.

  • The most recent Balance Sheet for Mylo Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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