Masstech Business Solutions Private Limited

IT solutions provider for various industries, including BFSI, manufacturing, and pharma.

2017 | Thane, Maharashtra (India) | Active
Last Updated:

Masstech Business Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 24.30%
  • Profit Growth 179.06%
  • Ebitda 271.60%
  • Net Worth 51.80%
  • Total Assets 33.79%

About Masstech Business Solutions

Masstech Business Solutions Private Limited (MBSPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 April 2017 (Seven years and 11 months 4 days old ). Its registered office is in Thane, 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 2024. 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, as per Ministry of Corporate Affairs (MCA) records.

Abhishek Wikal and Priyanka Wikal serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2017PTC293366

  • Company No.

    293366

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Apr 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

Who are the key members and board of directors at Masstech Business Solutions?

Board Members (2)

NameDesignationAppointment DateStatus
Abhishek Wikal Country flag representing In Director 03-Apr-2017Current
Priyanka Wikal Country flag representing In Director 23-Aug-2023Current

Financial Performance of Masstech Business Solutions.

Masstech Business Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 24.3% increase. The company also saw a substantial improvement in profitability, with a 179.06% increase in profit. The company's net worth Soared by an impressive increase of 51.8%.

Masstech Business Solutions revenue growth over time
Masstech Business Solutions 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
24.30%
Revenue from Operations
24.68%
Total Assets
33.79%
Profit or Loss
179.06%
Net Worth
51.80%
EBITDA
271.60%

What is the Ownership and Shareholding Structure of Masstech Business Solutions?

In 2021, Masstech Business Solutions had a promoter holding of 100.00%. 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 Masstech Business Solutions?

Masstech Business Solutions has a workforce of 18 employees as of Mar 23, 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.

Employee growth trends for Masstech Business Solutions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Masstech Business 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 Masstech Business 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 Masstech Business Solutions

Recent activity within the organization

  • Annual General Meeting

    Masstech Business Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Masstech Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Priyanka Abhishek Wikal was appointed as a Director was appointed as a Director on 23 Aug 2023 & has been associated with this company since 1 year 6 months .

  • Director Appointment

    Abhishek Radheshyam Wikal was appointed as a Director was appointed as a Director on 03 Apr 2017 & has been associated with this company since 7 years 11 months .

  • Company Incorporation

    Masstech Business Solutions Private Limited was registered on 03 Apr 2017 with Roc Mumbai & aged 7 years 11 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Masstech Business Solutions Private Limited?

    Masstech Business Solutions Private Limited was incorporated on 03 Apr 2017.

  • What is authorized share capital and paid-up capital of Masstech Business Solutions Private Limited?

    The authorized share capital of Masstech Business Solutions Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Masstech Business Solutions Private Limited?

    Currently 2 directors are associated with Masstech Business Solutions Private Limited.

    • Abhishek Radheshyam Wikal
    • Priyanka Abhishek Wikal
  • What is the registered address of Masstech Business Solutions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Masstech Business Solutions Private Limited is Unit No 708 7Th Floor C5 Fenkin9 Nr Satkar Grande Hotel, India, Thane, Maharashtra, 400604.

  • What is the corporate identification number (CIN) and company number of Masstech Business Solutions Private Limited?

    The corporate identification number (CIN) of Masstech Business Solutions Private Limited is U74999MH2017PTC293366 and the company number is 293366 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Masstech Business Solutions Private Limited?

    The Official website of Masstech Business Solutions Private Limited is https://www.masstechbusiness.com

  • What has been the recent revenue trend for Masstech Business Solutions Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Masstech Business Solutions Private Limited has risen by 24.30%.

  • How many employees does Masstech Business Solutions Private Limited currently have?

    As Per 2022 financial reports, 18 employees are currently employed by Masstech Business Solutions Private Limited.

  • What change has been observed in the net worth of Masstech Business Solutions Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Masstech Business Solutions Private Limited has experienced an upsurge of 51.80%.

  • When was the last Balance Sheet of Masstech Business Solutions Private Limited filed with the ROC?

    The most recent Balance Sheet for Masstech Business Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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