Maestrotek Innovations Private Limited

Provides automation and control solutions for various industries through data processing machines and engineering services.

2012 | Pune, Maharashtra (India) | Active
Last Updated: October 23, 2024

Maestrotek Innovations Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 12 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.66 Cr
  • Satisfied Charges ₹ 7.00 Cr
  • Revenue Growth 14.46%
  • Profit Growth 57.55%
  • Ebitda 29.30%
  • Net Worth 24.00%
  • Total Assets 16.89%

About Maestrotek Innovations

Maestrotek Innovations Private Limited (MIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 August 2012 and has a history of 12 years and six months. Its registered office is in Pune, Maharashtra, 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 2023. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹8.66 Cr. The company has closed loans amounting to ₹7.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Prasad Khadilkar and Yashodhan Upadhye serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74900PN2012PTC144316

  • Company No.

    144316

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Aug 2012

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Information Technology

What products or services does Maestrotek Innovations Private Limited offer?

Maestrotek Innovations Private Limited offers a wide range of products and services, including IT Solutions, Software Development & IT Consultant, Software Development Services, Internet of Things Solution, HMI, Tele Conferencing & VoIP Services, Communication Service, IT, Networking & Automation Solution.

Who are the key members and board of directors at Maestrotek Innovations?

Executive Team (1)

NameDesignationAppointment DateStatus
Prasad Khadilkar Country flag representing In Managing Director07-Aug-2012Current

Board Members (1)

NameDesignationAppointment DateStatus
Yashodhan Upadhye Country flag representing In Director 07-Aug-2012Current

Financial Performance of Maestrotek Innovations.

Maestrotek Innovations Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.46% increase. The company also saw a substantial improvement in profitability, with a 57.55% increase in profit. The company's net worth Soared by an impressive increase of 24%.

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
14.46%
Revenue from Operations
14.71%
Total Assets
16.89%
Profit or Loss
57.55%
Net Worth
24.00%
EBITDA
29.30%

What is the Ownership and Shareholding Structure of Maestrotek Innovations?

In 2023, Maestrotek Innovations had a public holding of 45.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹86.60 M

Satisfied Charges

₹70.00 M

Charges Breakdown by Lending Institutions

  • Others : 8.66 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jul 2024Others₹6.60 MOpen
10 Jan 2022Others₹6.50 CrOpen
18 Feb 2021Others₹1.50 CrOpen
22 May 2019Citi Bank N.A.₹3.00 CrSatisfied
30 Oct 2015Others₹4.00 CrSatisfied

How Many Employees Work at Maestrotek Innovations?

Maestrotek Innovations has a workforce of 51 employees as of Jun 26, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Maestrotek Innovations, 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 Maestrotek Innovations'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 Maestrotek Innovations

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 6.60 M with Charge ID 100963727 was registered on 24 Jul 2024.

    24 Jul 2024

  • Charges

    A charge with Others of Rs. 65.00 M registered on 10 Jan 2022 with Charge ID 100522911 was modified on 28 Dec 2023.

    28 Dec 2023

  • Annual General Meeting

    Maestrotek Innovations Private Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

    27 Sep 2023

  • Balance Sheet

    Maestrotek Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 65.00 M with Charge ID 100522911 was registered on 10 Jan 2022.

    10 Jan 2022

  • Charges

    A charge registered on 22 May 2019 via Charge ID 100267599 with Citi Bank N.A. was fully satisfied on 20 Sep 2021.

    20 Sep 2021

Frequently asked questions

  • Maestrotek Innovations Private Limited was incorporated on 07 Aug 2012.

  • The authorized share capital of Maestrotek Innovations Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Maestrotek Innovations Private Limited.

    • Prasad Gopal Khadilkar
    • Yashodhan Abhay Upadhye
  • As per Ministry of Corporate Affairs (Mca), the registered address of Maestrotek Innovations Private Limited is Sr.No.103/2/14 Officeno.B-406Teerthtechnospace Opp.Rajhotel, Ban Er India, Pune, Maharashtra, 411045.

  • The corporate identification number (CIN) of Maestrotek Innovations Private Limited is U74900PN2012PTC144316 and the company number is 144316 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Maestrotek Innovations Private Limited is https://www.maestrotek-innovation.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Maestrotek Innovations Private Limited has risen by 14.46%.

  • As Per 2023 financial reports, 51 employees are currently employed by Maestrotek Innovations Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Maestrotek Innovations Private Limited has experienced an upsurge of 24.00%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Maestrotek Innovations Private Limited amount to ₹ 8.66 Cr.

  • The most recent Balance Sheet for Maestrotek Innovations Private Limited was filed with the ROC on 31 Mar 2023.

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