Mystic Electronics Limited

This company trades in computer hardware and electronic products, including teleshopping and logistics services.

2011 | Mumbai, Maharashtra (India) | Active
Last Updated: January 13, 2025

Mystic Electronics Profile

Key Indicators

  • Authorised Capital ₹ 21.00 Cr
  • Paid Up Capital ₹ 19.77 Cr
  • Company Age 13 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 148.28%
  • Profit Growth 102.57%
  • Ebitda 21.21%
  • Net Worth -0.11%
  • Total Assets -0.34%

About Mystic Electronics

Mystic Electronics Limited (MEL) is a Public Limited Indian Non-Government Company incorporated in India on 30 August 2011 and has a history of 13 years and five months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 535205.

The Corporate was formerly known as Pearl Electronics Limited. 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 21.00 Cr and a paid-up capital of Rs 19.77 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mystic Electronics Limited India are Nitin Pawaskar as CFO and Sakshi Dubey as Company Secretary. Niraali Thingalaya, Mohit Khadaria, Krishan Khadaria, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mystic-electronics.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L72300MH2011PLC221448

  • Company No.

    221448

  • Stock Symbol

    BSE : 535205

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Aug 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Information Technology

Who are the key members and board of directors at Mystic Electronics?

Executive Team (2)

NameDesignationAppointment DateStatus
Nitin Pawaskar CFO28-Jan-2022Current
Sakshi Dubey Company Secretary28-Sep-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Mohit Khadaria Country flag representing In Director 14-Dec-2017Current
Krishan Khadaria Country flag representing In Director 30-Aug-2011Current
Niraali Thingalaya Country flag representing In Director 30-May-2018Current
Manaklal Agrawal Country flag representing In Director 31-Jul-2023Current

Financial Performance of Mystic Electronics.

Mystic Electronics Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 148.28% increase. The company also saw a substantial improvement in profitability, with a 102.57% increase in profit. The company's net worth dipped by a decrease of 0.11%.

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
148.28%
Revenue from Operations
Total Assets
-0.34%
Profit or Loss
102.57%
Net Worth
-0.11%
EBITDA
21.21%

What is the Ownership and Shareholding Structure of Mystic Electronics?

In 2023, Mystic Electronics had a promoter holding of 6.90% and a public holding of 93.10%. 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 Mystic Electronics?

Unlock and access historical data on people associated with Mystic Electronics, 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 Mystic Electronics, 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 Mystic Electronics'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 Mystic Electronics

Recent activity within the organization

  • Annual General Meeting

    Mystic Electronics Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Mystic Electronics Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Manaklal Bhanwarlal Agrawal was appointed as a Director was appointed as a Director on 31 Jul 2023 & has been associated with this company since 1 year 6 months .

    31 Jul 2023

  • Director Appointment

    Nitin Vithal Pawaskar was appointed as a Cfo was appointed as a Cfo on 28 Jan 2022 & has been associated with this company since 3 years 24 days .

    28 Jan 2022

  • Director Appointment

    Niraali Santosh Thingalaya was appointed as a Director was appointed as a Director on 30 May 2018 & has been associated with this company since 6 years 8 months .

    30 May 2018

  • Director Appointment

    Mohit Krishan Khadaria was appointed as a Director was appointed as a Director on 14 Dec 2017 & has been associated with this company since 7 years 2 months .

    14 Dec 2017

Recent News, Updates & Announcement

Frequently asked questions

  • Mystic Electronics Limited was incorporated on 30 Aug 2011.

  • The authorized share capital of Mystic Electronics Limited is ₹ 21.00 Cr and paid-up capital is ₹ 19.77 Cr.

  • Currently 6 directors are associated with Mystic Electronics Limited.

    • Nitin Vithal Pawaskar
    • Niraali Santosh Thingalaya
    • Mohit Krishan Khadaria
    • Krishan Raghunath Prasad Khadaria
    • Manaklal Bhanwarlal Agrawal
    • Sakshi Tulsiprasad Dubey
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mystic Electronics Limited is 401/A Pearl Arcade Opp. P. K. Jewellers Dawood Baug Lane Off. J. Road Andhe Ri (W), India, Mumbai, Maharashtra, 400058.

  • The corporate identification number (CIN) of Mystic Electronics Limited is L72300MH2011PLC221448 and the company number is 221448 as per Ministry of Corporate Affairs (MCA).

  • Yes, Mystic Electronics Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Mystic Electronics Limited is https://www.mystic-electronics.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Mystic Electronics Limited has risen by 148.28%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Mystic Electronics Limited has experienced an downturn of -0.11%.

  • The most recent Balance Sheet for Mystic Electronics Limited was filed with the ROC on 31 Mar 2024.

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