Mainstay Tech Solutions Private Limited

Develops software solutions for healthcare industry, serving clients like Tagnos, Spiralyze, Yogatailor/Flexhero, and Merrycrate.

2014 | Hyderabad, Telangana (India) | Active
Last Updated: December 28, 2024

Mainstay Tech Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 10 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 34.84%
  • Profit Growth 264.07%
  • Ebitda 236.83%
  • Net Worth 186.93%
  • Total Assets 141.56%

About Mainstay Tech Solutions

Mainstay Tech Solutions Private Limited (MTSPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 April 2014 and has a history of Ten years and ten months. Its registered office is in Hyderabad, Telangana, 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 0.50 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Kalyan Bandari and Yanadi Ghanta serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mainstaytech.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200TG2014PTC093981

  • Company No.

    093981

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Apr 2014

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

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

Board Members (2)

Name Designation Appointment Date Status
Kalyan Bandari Country flag representing In Director 02-Apr-2014 Current
Yanadi Ghanta Country flag representing In Director 27-Dec-2018 Current

Financial Performance of Mainstay Tech Solutions.

Mainstay Tech Solutions Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 34.84% increase. The company also saw a substantial improvement in profitability, with a 264.07% increase in profit. The company's net worth Soared by an impressive increase of 186.93%.

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
34.84%
Revenue from Operations
33.22%
Total Assets
141.56%
Profit or Loss
264.07%
Net Worth
186.93%
EBITDA
236.83%

What is the Ownership and Shareholding Structure of Mainstay Tech Solutions?

In 2018, Mainstay Tech Solutions had a promoter holding of 55.00% and a public holding of 45.00%. 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 Mainstay Tech Solutions?

Unlock and access historical data on people associated with Mainstay Tech 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 Mainstay Tech 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 Mainstay Tech 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 Mainstay Tech Solutions

Recent activity within the organization

  • Annual General Meeting

    Mainstay Tech Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Mainstay Tech Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Director Appointment

    Yanadi Rao Ghanta was appointed as a Director was appointed as a Director on 27 Dec 2018 & has been associated with this company since 6 years 1 month .

    27 Dec 2018

  • Director Appointment

    Kalyan Charan Bandari was appointed as a Director was appointed as a Director on 02 Apr 2014 & has been associated with this company since 10 years 10 months .

    02 Apr 2014

  • Company Incorporation

    Mainstay Tech Solutions Private Limited was registered on 02 Apr 2014 with Roc Hyderabad & aged 10 years 10 months as per MCA records.

    02 Apr 2014

Frequently asked questions

  • Mainstay Tech Solutions Private Limited was incorporated on 02 Apr 2014.

  • The authorized share capital of Mainstay Tech Solutions Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Mainstay Tech Solutions Private Limited.

    • Kalyan Charan Bandari
    • Yanadi Rao Ghanta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mainstay Tech Solutions Private Limited is H.No.6-3-1217 1218/603 F. No.603 Bandariresidency Uma Nagar Kundanbagh, Begumpet India, Hyderabad, Telangana, 500016.

  • The corporate identification number (CIN) of Mainstay Tech Solutions Private Limited is U72200TG2014PTC093981 and the company number is 093981 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mainstay Tech Solutions Private Limited is https://www.mainstaytech.in

  • According to the financial reports for the fiscal year 2019, the revenue trend for Mainstay Tech Solutions Private Limited has risen by 34.84%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Mainstay Tech Solutions Private Limited has experienced an upsurge of 186.93%.

  • The most recent Balance Sheet for Mainstay Tech Solutions Private Limited was filed with the ROC on 31 Mar 2023.

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