Mast Innovative Products Private Limited

Provides decorative and visual communication solutions, including glass decor, digital graphics, and LED displays.

2006 | Bangaluru, Karnataka (India) | Under Insolvency
Last Updated: January 15, 2025

Mast Innovative Products Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.77 M
  • Company Age 18 Year, 5 Months
  • Last Filing with ROC 31 Mar 2016
  • Open Charges ₹ 3.10 Cr
  • Revenue Growth 51.80%
  • Profit Growth -446.42%
  • Ebitda -58.96%
  • Net Worth -29.81%
  • Total Assets -7.35%

About Mast Innovative Products

Mast Innovative Products Private Limited (MIPPL) is Under Cirp company established on 22 Aug 2006 with its office registered at Bangaluru, Karnataka, India and has been running since 18 Year, 5 Months with a paid up capital of 1.77 M. According to MCA records, 2 Directors are linked to this company as of 15 Jan 2025.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51103KA2006PTC040258

  • Company No.

    040258

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Aug 2006

  • Date of AGM

    30 Sep 2016

  • Date of Balance Sheet

    31 Mar 2016

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Mast Innovative Products?

Board Members (2)

Name Designation Appointment Date Status
Subramanian Parvathi Country flag representing In Additional Director 21-Jun-2017 Current
Dattaram Thondley Country flag representing In Additional Director 20-Jun-2017 Current

Financial Performance of Mast Innovative Products.

Mast Innovative Products Private Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 51.8% increase. The company also saw a substantial fall in profitability, with a 446.42% decrease in profit. The company's net worth observed a substantial decline by a decrease of 29.81%.

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
51.80%
Revenue from Operations
48.48%
Total Assets
-7.35%
Profit or Loss
-446.42%
Net Worth
-29.81%
EBITDA
-58.96%

What is the Ownership and Shareholding Structure of Mast Innovative Products?

In 2016, Mast Innovative Products had a promoter holding of 77.73% and a public holding of 22.27%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.10 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 3.10 Cr

Latest Charge Details

Date Lender Amount Status
25 Mar 2010 Canara Bank ₹3.10 Cr Open

How Many Employees Work at Mast Innovative Products?

Mast Innovative Products has a workforce of 10 employees as of Mar 29, 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 Mast Innovative Products, 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 Mast Innovative Products'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 Mast Innovative Products

Recent activity within the organization

  • Director Appointment

    Subramanian Parvathi was appointed as a Additional Director was appointed as a Additional Director on 21 Jun 2017 & has been associated with this company since 7 years 7 months .

    21 Jun 2017

  • Director Appointment

    Dattaram Srichand Thondley was appointed as a Additional Director was appointed as a Additional Director on 20 Jun 2017 & has been associated with this company since 7 years 7 months .

    20 Jun 2017

  • Annual General Meeting

    Mast Innovative Products Private Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.

    30 Sep 2016

  • Balance Sheet

    Mast Innovative Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Bangalore.

    31 Mar 2016

  • Charges

    A charge with Canara Bank of Rs. 3.10 Cr registered on 25 Mar 2010 with Charge ID 10210259 was modified on 28 Jan 2011.

    28 Jan 2011

  • Charges

    A charge with Canara Bank amounted to Rs. 3.10 Cr with Charge ID 10210259 was registered on 25 Mar 2010.

    25 Mar 2010

Frequently asked questions

  • Mast Innovative Products Private Limited was incorporated on 22 Aug 2006.

  • The authorized share capital of Mast Innovative Products Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.77 M.

  • Currently 2 directors are associated with Mast Innovative Products Private Limited.

    • Subramanian Parvathi
    • Dattaram Srichand Thondley
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mast Innovative Products Private Limited is 113 17Th A Cross 8Th Main, Malleshwaram India, Bangalore, Karnataka, 560055.

  • The corporate identification number (CIN) of Mast Innovative Products Private Limited is U51103KA2006PTC040258 and the company number is 040258 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mast Innovative Products Private Limited is https://www.rightturn.asia

  • According to the financial reports for the fiscal year 2016, the revenue trend for Mast Innovative Products Private Limited has risen by 51.80%.

  • As Per 2016 financial reports, 10 employees are currently employed by Mast Innovative Products Private Limited.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Mast Innovative Products Private Limited has experienced an downturn of -29.81%.

  • As per the financial statements for fiscal Year 2016, The total open charges for Mast Innovative Products Private Limited amount to ₹ 3.10 Cr.

  • The most recent Balance Sheet for Mast Innovative Products Private Limited was filed with the ROC on 31 Mar 2016.

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