Market Simplified India Profile
Key Indicators
- Authorised Capital ₹ 100.00 Cr
- Paid Up Capital ₹ 21.39 Cr
- Company Age 24 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.30 Cr
- Satisfied Charges ₹ 3.00 Cr
- Revenue Growth 10.95%
- Profit Growth -53.18%
- Ebitda -57.78%
- Net Worth 61.48%
- Total Assets 54.76%
About Market Simplified India
Market Simplified India Limited (MSIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 October 2000 and has a history of 24 years and four months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Inxs Technologies 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 2023. It's a company limited by shares with an authorized capital of Rs 100.00 Cr and a paid-up capital of Rs 21.39 Cr.
The company currently has active open charges totaling ₹5.30 Cr. The company has closed loans amounting to ₹3.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Market Simplified India Limited India is Venkat Rangan as CEO. Janardhanan Mahalingam, Vinoth, and Sarangachari Rajagopalan 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
U72900TN2000PLC045869
- Company No.
045869
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
09 Oct 2000
- Date of AGM
27 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Market Simplified India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Venkat Rangan | CEO | 30-Mar-2023 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Janardhanan Mahalingam  | Additional Director | Current | |
| Vinoth | Whole-Time Director | 07-Mar-2020 | Current |
| Sarangachari Rajagopalan | Additional Director | 01-Oct-2024 | Current |
Financial Performance of Market Simplified India.
Market Simplified India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.95% increase. The company also saw a substantial fall in profitability, with a 53.18% decrease in profit. The company's net worth Soared by an impressive increase of 61.48%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Market Simplified India?
In 2022, Market Simplified India had a promoter holding of 0.23% and a public holding of 99.76%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
₹5.30 Cr
₹3.00 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 3.00 Cr
- Others : 2.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Feb 2024 | Others | ₹2.30 Cr | Open |
| 09 Jan 2024 | Hdfc Bank Limited | ₹3.00 Cr | Open |
| 18 Aug 2020 | Others | ₹2.00 Cr | Satisfied |
| 22 Sep 2011 | Axis Bank Limited | ₹1.00 Cr | Satisfied |
How Many Employees Work at Market Simplified India?
Market Simplified India has a workforce of 329 employees as of Mar 30, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Market Simplified India, 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 Market Simplified India's trajectory.
Rating
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
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.
