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Microart Systems (India) Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.10 M
- Company Age 21 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.00 Cr
- Satisfied Charges ₹ 1.40 M
- Revenue Growth 85.05%
- Profit Growth 76.47%
- Ebitda 511.96%
- Net Worth 34.11%
- Total Assets 17.02%
About Microart Systems (India)
Microart Systems (India) Private Limited (MSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 December 2003 and has a history of 21 years and three months. Its registered office is in Mumbai, 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 0.50 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹4.00 Cr. The company has closed loans amounting to ₹1.40 M, as per Ministry of Corporate Affairs (MCA) records.
Sanjay Sheth and Manish Shah serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74110MH2003PTC143512
- Company No.
143512
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Dec 2003
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Information Technology
Media and Publishing
What products or services does Microart Systems (India) Private Limited offer?
Microart Systems (India) Private Limited offers a wide range of products and services, including Office Automation Products & Devices, Multifunction Printer, Printing Machinery Spares, Epson Printer Head, Electrical & Electronic Goods Rental, Electronic Equipment Rental.
Who are the key members and board of directors at Microart Systems (India)?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manish Shah  | Director | 01-Feb-2010 | Current |
| Sanjay Sheth | Director | 11-Dec-2003 | Current |
Financial Performance of Microart Systems (India).
Microart Systems (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 85.05% increase. The company also saw a substantial improvement in profitability, with a 76.47% increase in profit. The company's net worth Soared by an impressive increase of 34.11%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Microart Systems (India)?
In 2023, Microart Systems (India) had a promoter holding of 99.70% and a public holding of 0.30%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹40.00 M
Satisfied Charges
₹1.40 M
Charges Breakdown by Lending Institutions
- Others : 4.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Jun 2024 | Others | ₹4.00 Cr | Open |
| 06 Oct 2006 | Bank Of Maharashtra | ₹1.40 M | Satisfied |
How Many Employees Work at Microart Systems (India)?
Microart Systems (India) has a workforce of 16 employees as of Apr 09, 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 Microart Systems (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 Microart Systems (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.
Latest Updates, News, and FAQs on Microart Systems (India)
Recent activity within the organization
- Annual General Meeting
Microart Systems (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 40.00 M with Charge ID 100945160 was registered on 14 Jun 2024.
- Balance Sheet
Microart Systems (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge registered on 06 Oct 2006 via Charge ID 90349485 with Bank Of Maharashtra was fully satisfied on 14 Feb 2024.
- Director Appointment
Manish Vallabhdas Shah was appointed as a Director was appointed as a Director on 01 Feb 2010 & has been associated with this company since 15 years 1 month .
- Charges
A charge with Bank Of Maharashtra amounted to Rs. 1.40 M with Charge ID 90349485 was registered on 06 Oct 2006.
Frequently asked questions
What is the Incorporation or founding date of Microart Systems (India) Private Limited?
Microart Systems (India) Private Limited was incorporated on 11 Dec 2003.
What is authorized share capital and paid-up capital of Microart Systems (India) Private Limited?
The authorized share capital of Microart Systems (India) Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Microart Systems (India) Private Limited?
Currently 2 directors are associated with Microart Systems (India) Private Limited.
- Sanjay Jayantilal Sheth
- Manish Vallabhdas Shah
What is the registered address of Microart Systems (India) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Microart Systems (India) Private Limited is 1002 Ruby Crescent Business Boulevard Ch. Ashok Road, Kandivali (E) India, Mumbai, Maharashtra, 400101.
What is the corporate identification number (CIN) and company number of Microart Systems (India) Private Limited?
The corporate identification number (CIN) of Microart Systems (India) Private Limited is U74110MH2003PTC143512 and the company number is 143512 as per Ministry of Corporate Affairs (MCA).
What is the official website of Microart Systems (India) Private Limited?
The Official website of Microart Systems (India) Private Limited is https://www.microartsystems.com
What has been the recent revenue trend for Microart Systems (India) Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Microart Systems (India) Private Limited has risen by 85.05%.
How many employees does Microart Systems (India) Private Limited currently have?
As Per 2023 financial reports, 16 employees are currently employed by Microart Systems (India) Private Limited.
What change has been observed in the net worth of Microart Systems (India) Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Microart Systems (India) Private Limited has experienced an upsurge of 34.11%.
What are the total open charges for Microart Systems (India) Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Microart Systems (India) Private Limited amount to ₹ 4.00 Cr.
When was the last Balance Sheet of Microart Systems (India) Private Limited filed with the ROC?
The most recent Balance Sheet for Microart Systems (India) Private Limited was filed with the ROC on 31 Mar 2024.
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