Maraekat Infotech Limited

Software trading company providing services for travel, tourism, and finance industries using various technologies.

1993 | Mumbai, Maharashtra (India) | Active
Last Updated: January 05, 2025

Maraekat Infotech Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.40 M
  • Company Age 31 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.02 Cr
  • Revenue Growth 19.71%
  • Profit Growth 104.89%
  • Ebitda 220.20%
  • Net Worth 211095.39%
  • Total Assets 3.68%

About Maraekat Infotech

Maraekat Infotech Limited (MIL) is a Public Limited Indian Non-Government Company incorporated in India on 12 November 1993 and has a history of 31 years and three months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Cirrus Logic Information Technologies Private 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 2.50 M and a paid-up capital of Rs 2.40 M.

The company currently has active open charges totaling ₹3.02 Cr.

Varghese Jacob, Seema Varghese, and Mansey Varghese serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    maraekat.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74140MH1993PLC075121

  • Company No.

    075121

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Nov 1993

  • Date of AGM

    17 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

What products or services does Maraekat Infotech Limited offer?

Maraekat Infotech Limited offers a wide range of products and services, including Software Development & IT Consultant, Integration Support Service, Software Consulting Service, Bulk SMS Service, SMS Gateway, Computer and Mobile Softwares & Apps, API Software, Tour Operators and Travel Agents, Travel Service, Software Development Services.

Who are the key members and board of directors at Maraekat Infotech?

Board Members (3)

NameDesignationAppointment DateStatus
Seema Varghese Country flag representing Au Director 04-Jul-2000Current
Varghese Jacob Country flag representing In Director 04-Jul-2000Current
Mansey Varghese Country flag representing Au Director 01-Dec-2017Current

Financial Performance of Maraekat Infotech.

Maraekat Infotech Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 19.71% increase. The company also saw a substantial improvement in profitability, with a 104.89% increase in profit. The company's net worth Soared by an impressive increase of 211095.39%.

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
19.71%
Revenue from Operations
18.55%
Total Assets
3.68%
Profit or Loss
104.89%
Net Worth
211095.39%
EBITDA
220.20%

What is the Ownership and Shareholding Structure of Maraekat Infotech?

In 2022, Maraekat Infotech had a promoter holding of 99.99% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹30.16 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 2.30 Cr
  • Kotak Mahindra Bank Limited : 0.72 Cr

Latest Charge Details

DateLenderAmountStatus
17 Jan 2017Yes Bank Limited₹2.30 CrOpen
10 Dec 2009Kotak Mahindra Bank Limited₹7.16 MOpen

How Many Employees Work at Maraekat Infotech?

Unlock and access historical data on people associated with Maraekat Infotech, 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 Maraekat Infotech, 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 Maraekat Infotech'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 Maraekat Infotech

Recent activity within the organization

  • Annual General Meeting

    Maraekat Infotech Limited last Annual general meeting of members was held on 17 Sep 2024 as per latest MCA records.

    17 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Mansey Varghese was appointed as a Director was appointed as a Director on 01 Dec 2017 & has been associated with this company since 7 years 2 months .

    01 Dec 2017

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 23.00 M with Charge ID 100096987 was registered on 17 Jan 2017.

    17 Jan 2017

  • Charges

    A charge with Kotak Mahindra Bank Limited of Rs. 7.16 M registered on 10 Dec 2009 with Charge ID 10193174 was modified on 07 Jan 2014.

    07 Jan 2014

  • Charges

    A charge with Kotak Mahindra Bank Limited amounted to Rs. 7.16 M with Charge ID 10193174 was registered on 10 Dec 2009.

    10 Dec 2009

Frequently asked questions

  • Maraekat Infotech Limited was incorporated on 12 Nov 1993.

  • The authorized share capital of Maraekat Infotech Limited is ₹ 2.50 M and paid-up capital is ₹ 2.40 M.

  • Currently 3 directors are associated with Maraekat Infotech Limited.

    • Varghese Jacob
    • Seema Varghese
    • Mansey Varghese
  • As per Ministry of Corporate Affairs (Mca), the registered address of Maraekat Infotech Limited is B/504 Trade Square Behind Mehra Mill Compound Opp. Orkey Mill Andheri Kurla Road, And Heri (E) India, Mumbai, Maharashtra, 400072.

  • The corporate identification number (CIN) of Maraekat Infotech Limited is U74140MH1993PLC075121 and the company number is 075121 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Maraekat Infotech Limited is https://www.maraekat.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Maraekat Infotech Limited has risen by 19.71%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Maraekat Infotech Limited has experienced an upsurge of 211095.39%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Maraekat Infotech Limited amount to ₹ 3.02 Cr.

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

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