Maars Software International Limited

IT company providing integration services, custom application development, ERP implementation, and business consultancy.

1995 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 24, 2024

Maars Software International Profile

Key Indicators

  • Authorised Capital ₹ 175.00 Cr
  • Paid Up Capital ₹ 152.52 Cr
  • Company Age 29 Year, 6 Months
  • Last Filing with ROC 31 Mar 2017
  • Open Charges ₹ 13.70 Cr
  • Revenue Growth 3.67%
  • Profit Growth 11.87%
  • Ebitda 0.87%
  • Net Worth -3.07%
  • Total Assets -2.03%

About Maars Software International

Maars Software International Limited (MSIL) is a Public Limited Indian Non-Government Company incorporated in India on 23 August 1995 and has a history of 29 years and six months. Its registered office is in Chennai, Tamil Nadu, India.

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 2017. It's a company limited by shares with an authorized capital of Rs 175.00 Cr and a paid-up capital of Rs 152.52 Cr.

The company currently has active open charges totaling ₹13.70 Cr.

The Key Managerial Personnel (KMP) at Maars Software International Limited India is Sanhita Narayan as COMPANY SECRETARY. Tejendrasingh Raol, Mohammed Ansari, Hiramani Sharma, and One other member serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L72300TN1995PLC032675

  • Company No.

    032675

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Aug 1995

  • Date of AGM

    26 Sep 2017

  • Date of Balance Sheet

    31 Mar 2017

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Information Technology

Who are the key members and board of directors at Maars Software International?

Executive Team (1)

NameDesignationAppointment DateStatus
Sanhita Narayan Country flag representing In Company Secretary01-Oct-2010Current

Board Members (4)

NameDesignationAppointment DateStatus
Mohammed Ansari Country flag representing In Additional Director 23-Oct-2018Current
Tejendrasingh Raol Country flag representing In Additional Director 07-Jul-2016Current
Hiramani Sharma Country flag representing In Additional Director 23-Oct-2018Current
Shivram Meena Country flag representing In Director 25-Jan-2016Current

Financial Performance of Maars Software International.

Maars Software International Limited, for the financial year ended 2017, experienced modest growth in revenue, with a 3.67% increase. The company also saw a substantial improvement in profitability, with a 11.87% increase in profit. The company's net worth dipped by a decrease of 3.07%.

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
3.67%
Revenue from Operations
Total Assets
-2.03%
Profit or Loss
11.87%
Net Worth
-3.07%
EBITDA
0.87%

What is the Ownership and Shareholding Structure of Maars Software International?

In 2017, Maars Software International had a promoter holding of 0.06% and a public holding of 99.94%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13.70 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Industrial Development Bank Of India : 8.00 Cr
  • Bank Of India : 4.10 Cr
  • Uti Bank Ltd. : 1.60 Cr

Latest Charge Details

DateLenderAmountStatus
09 Apr 2001Uti Bank Ltd.₹1.60 CrOpen
18 Nov 1998Industrial Development Bank Of India₹8.00 CrOpen
09 Aug 1997Bank Of India₹1.00 CrOpen
07 Aug 1997Bank Of India₹3.10 CrOpen

How Many Employees Work at Maars Software International?

Unlock and access historical data on people associated with Maars Software International, 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 Maars Software International, 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 Maars Software International'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 Maars Software International

Recent activity within the organization

  • Director Appointment

    Mohammed Hashim Ansari was appointed as a Additional Director was appointed as a Additional Director on 23 Oct 2018 & has been associated with this company since 6 years 4 months .

    23 Oct 2018

  • Director Appointment

    Hiramani Babulal Sharma was appointed as a Additional Director was appointed as a Additional Director on 23 Oct 2018 & has been associated with this company since 6 years 4 months .

    23 Oct 2018

  • Annual General Meeting

    Maars Software International Limited last Annual general meeting of members was held on 26 Sep 2017 as per latest MCA records.

    26 Sep 2017

  • Balance Sheet

    Maars Software International Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Chennai.

    31 Mar 2017

  • Director Appointment

    Tejendrasingh Dulesingh Raol was appointed as a Additional Director was appointed as a Additional Director on 07 Jul 2016 & has been associated with this company since 8 years 7 months .

    07 Jul 2016

  • Director Appointment

    Shivram Motilal Meena was appointed as a Director was appointed as a Director on 25 Jan 2016 & has been associated with this company since 9 years 28 days .

    25 Jan 2016

Frequently asked questions

  • Maars Software International Limited was incorporated on 23 Aug 1995.

  • The authorized share capital of Maars Software International Limited is ₹ 175.00 Cr and paid-up capital is ₹ 152.52 Cr.

  • Currently 5 directors are associated with Maars Software International Limited.

    • Tejendrasingh Dulesingh Raol
    • Mohammed Hashim Ansari
    • Sanhita Dey Narayan
    • Hiramani Babulal Sharma
    • Shivram Motilal Meena
  • As per Ministry of Corporate Affairs (Mca), the registered address of Maars Software International Limited is 106/2 Habibullah Road T. Nagar, 600 017 India, Chennai, Tamil Nadu, 600017.

  • The corporate identification number (CIN) of Maars Software International Limited is L72300TN1995PLC032675 and the company number is 032675 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Maars Software International Limited has risen by 3.67%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Maars Software International Limited has experienced an downturn of -3.07%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Maars Software International Limited amount to ₹ 13.70 Cr.

  • The most recent Balance Sheet for Maars Software International Limited was filed with the ROC on 31 Mar 2017.

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