Melstar Information Technologies Limited logo

Melstar Information Technologies Limited

IT solution provider for banking, insurance, government, and IT sectors with ISO certifications and prestigious clientele.

1986 Mumbai, Maharashtra (India) Active

About

Basic Data Updated:

15 days ago

Melstar Information Technologies Limited is known as an information technology (IT) solution provider in various sectors such as banking, insurance, government, and IT. A wide range of services is offered by the company, including application services, application development, application management, enterprise application services, business practices, and technology practices. The software service company, MITL, has been certified with ISO 14001:2004, ISO 27001:2013, and SEI-CMM Level III. The company's headquarters are located in Mumbai, with additional branch offices in Bangalore, Chennai, Hyderabad, Gurgaon, and Kolkata. MITL is a proud member of the Yash Birla group of companies. The company has a prestigious clientele, which includes IBM India Private Limited, Kotak Group, L&T Group, Oracle India Private Limited, and Houston Technologies Limited, among others.

Industry

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNL99999MH1986PLC040604
Company No.040604
Stock Symbol BSE : 532307 NSE : BZ : MELSTAR
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date12 Aug 1986
Date of AGM26 Sep 2019
Date of Balance Sheet31 Mar 2019
Listing StatusListed
ROC CodeRoc Mumbai

Products or Services related to Melstar Information Technologies Limited

Microsoft Technology Service

Technology Development Services

Enterprise Application Services

ERP Solutions

Application Management Services

Application Development Service

Application Development

Custom Application Development

product
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Melstar Information Technologies Limited offers a wide range of products and services, including: Product Development Research, Technology Development Services, Software Development & IT Consultant, ERP Solutions, Computer & Mobile Apps Development, Application Development Service, Custom Application Development, Testing Services, Non Destructive Testing Services, Business Consultant.

Financials of Melstar Information Technologies Limited

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Melstar Information Technologies Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 78.4% increase. The company also saw a substantial improvement in profitability, with a 96.28% increase in profit. The company's net worth dipped by a decrease of 8.71%.

Corporate Structure

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Unlock access to Melstar Information Technologies's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Melstar Information Technologies Limited

Executive Team (2)

  • AP

    Anant Pathak In Managing Director

    Appointment Date: 01-Feb-2019

    Status: Current

  • AM

    Ashish Mahendrakar In CFO

    Appointment Date: 29-May-2017

    Status: Current

Board Members(5)

Charges (Loans)

Satisfied Charges

₹24.76 cr

LenderAmountStatus

Bank Of India

Creation Date: 31 Jul 2012
₹9.00 CrSatisfied

Punjab & Sind Bank

Creation Date: 17 Jul 2009
₹7.40 CrSatisfied

Janakalyan Sahakari Banl Limited

Creation Date: 26 Aug 2005
₹3.36 CrSatisfied

Deals i

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Gain comprehensive insights into the Deals and Valuation data of Melstar Information Technologies, 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 Melstar Information Technologies's trajectory.

Rating

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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.

Alert

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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.

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Recent activity within the organization

  • Activity

    Director Appointment

    Pramod Shivaji Bhosale was appointed as a Additional Director was appointed as a Additional Director on 23 Jan 2020 & has been associated with this company since 4 years 3 months .

    23 Jan 2020
  • Activity

    Annual General Meeting

    Melstar Information Technologies Limited last Annual general meeting of members was held on 26 Sep 2019 as per latest MCA records.

    26 Sep 2019
  • Activity

    Balance Sheet

    Melstar Information Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.

    31 Mar 2019
  • Activity

    Director Appointment

    Anant Satish Pathak was appointed as a Managing Director was appointed as a Managing Director on 01 Feb 2019 & has been associated with this company since 5 years 3 months .

    01 Feb 2019
  • Activity

    Charges

    A charge registered on 31 Jul 2012 via Charge ID 10391480 with Bank Of India was fully satisfied on 21 Jan 2019.

    21 Jan 2019

Recent News, Updates & Announcement

Frequently asked questions

What is the Incorporation or founding date of Melstar Information Technologies Limited?

Melstar Information Technologies Limited was incorporated 37 years 9 months ago on 12 Aug 1986 with Registrar of Companies Roc Mumbai.

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