Microland Profile
Key Indicators
- Authorised Capital ₹ 75.02 Cr
- Paid Up Capital ₹ 11.25 Cr
- Company Age 35 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 152.50 Cr
- Satisfied Charges ₹ 557.33 Cr
- Revenue Growth 13.41%
- Profit Growth -20.36%
- Ebitda 10.74%
- Net Worth -25.99%
- Total Assets 3.49%
About Microland
Microland Limited (ML) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 April 1989 and has a history of 35 years and 11 months. Its registered office is in Bangalore, Karnataka, 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 75.02 Cr and a paid-up capital of Rs 11.25 Cr.
The company currently has active open charges totaling ₹152.50 Cr. The company has closed loans amounting to ₹557.33 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Microland Limited India are Vedavalli Sridharan as COMPANY SECRETARY and Rajesh Kharidehal as Cfo. Revathy Ashok, Pradeep Kar, Pravin Gandhi, and Two other members serve as directors at the Company.
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U85110KA1989PLC014450
- Company No.
014450
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 Apr 1989
- Date of AGM
27 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Information Technology
Who are the key members and board of directors at Microland?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pradeep Kar  | Managing Director | 01-Sep-1989 | Current |
| Vedavalli Sridharan | Company Secretary | 12-Nov-2020 | Current |
| Rajesh Kharidehal | CFO | 10-May-2023 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Revathy Ashok | Director | 26-Sep-2016 | Current |
| Pravin Gandhi | Director | 07-Sep-2004 | Current |
| Raja Gopalan | Director | 03-Aug-2022 | Current |
| Aniruddha Gopalakrishnan | Additional Director | 16-Sep-2024 | Current |
Financial Performance of Microland.
Microland Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.41% increase. The company also saw a substantial fall in profitability, with a 20.36% decrease in profit. The company's net worth observed a substantial decline by a decrease of 25.99%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Microland?
In 2023, Microland had a promoter holding of 78.65% and a public holding of 21.35%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Shell Mrpl Aviation Fuels And Services LimitedRevathy Ashok is a mutual person
Schiller Healthcare India Private LimitedPravin Gandhi is a mutual person
360 One Wam LimitedRevathy Ashok is a mutual person
Khemeia Technologies Private LimitedRevathy Ashok is a mutual person
Seed Advisors Private LimitedPravin Gandhi is a mutual person
Athena Infonomics India Private LimitedRevathy Ashok is a mutual person
Charges (Loans)
Open Charges
₹152.50 Cr
Satisfied Charges
₹557.33 Cr
Charges Breakdown by Lending Institutions
- Others : 115.00 Cr
- Jp Morgan Chase Bank, N.A. : 37.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jan 2024 | Jp Morgan Chase Bank, N.A. | ₹37.50 Cr | Open |
| 29 Sep 2017 | Others | ₹115.00 Cr | Open |
| 12 Jul 2023 | Others | ₹62.50 Cr | Satisfied |
| 23 Aug 2021 | Others | ₹78.00 Cr | Satisfied |
| 23 Aug 2021 | Others | ₹9.50 Cr | Satisfied |
How Many Employees Work at Microland?
Unlock and access historical data on people associated with Microland, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Microland, 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 Microland'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 Microland
Recent activity within the organization
- Director Appointment
Aniruddha Gopalakrishnan was appointed as a Additional Director was appointed as a Additional Director on 16 Sep 2024 & has been associated with this company since 6 months 11 days .
- Annual General Meeting
Microland Limited last Annual general meeting of members was held on 27 Aug 2024 as per latest MCA records.
- Charges
A charge registered on 12 Jul 2023 via Charge ID 100748844 with Others was fully satisfied on 16 Apr 2024.
- Balance Sheet
Microland Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Others of Rs. 115.00 Cr registered on 29 Sep 2017 with Charge ID 100127005 was modified on 08 Feb 2024.
- Charges
A charge with Jp Morgan Chase Bank, N.A. amounted to Rs. 37.50 Cr with Charge ID 100854913 was registered on 09 Jan 2024.
Recent News, Updates & Announcement
Me: Certified as Great Workplace by Great Place To Work® for Microland Limited - A Digital Transformation Leader!.Me: Just got certified as a Great Workplace by Great Place To Work®! Feeling like a digital transformation leader for Microland Limited. #humblebrag #blessed #workgoals.
- Four Indian IT firms vie for Mercedes-Benz contract.
Mercedes Benz Research Development (MBRD) develops advanced automobile tech and its India unit started in 1996 to support parent company Daimler’s research, IT and product development activities..
- Microland Inaugurates State-of-the-art Digital Centre of Excellence in Seattle, USA.
/PRNewswire/ -- Microland inaugurated its Digital Centre of Excellence (CoE) in Seattle, Washington to serve clients and strengthen partnerships in North....
- Aspirant No More: Microland, India's Top Digital IT Transformation Company, Makes Moves in Everest Group's IT Security Services PEAK Matrix #ITgoals #MicrolandRising.
Me: Just a humble 'Aspirant' in Everest Group's IT Security Services PEAK Matrix. But hey, Microland, India's top digital IT transformation company, is making moves! #ITgoals #MicrolandRising #AspirantNoMore.
Frequently asked questions
What is the Incorporation or founding date of Microland Limited?
Microland Limited was incorporated on 20 Apr 1989.
What is authorized share capital and paid-up capital of Microland Limited?
The authorized share capital of Microland Limited is ₹ 75.02 Cr and paid-up capital is ₹ 11.25 Cr.
Who are the current board members & directors of Microland Limited?
Currently 7 directors are associated with Microland Limited.
- Revathy Ashok
- Pradeep Kar
- Pravin Ratilal Gandhi
- Raja Gopalan
- Aniruddha Gopalakrishnan
- Vedavalli Sridharan
- Rajesh Kharidehal
What is the registered address of Microland Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Microland Limited is 1B Rmz Ecospace Belandur Outer Ring Road, Bangalore, Karnataka, India, 560103.
What is the corporate identification number (CIN) and company number of Microland Limited?
The corporate identification number (CIN) of Microland Limited is U85110KA1989PLC014450 and the company number is 014450 as per Ministry of Corporate Affairs (MCA).
What is the official website of Microland Limited?
The Official website of Microland Limited is https://www.microland.com
What has been the recent revenue trend for Microland Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Microland Limited has risen by 13.41%.
What change has been observed in the net worth of Microland Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Microland Limited has experienced an downturn of -25.99%.
What are the total open charges for Microland Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Microland Limited amount to ₹ 152.50 Cr.
When was the last Balance Sheet of Microland Limited filed with the ROC?
The most recent Balance Sheet for Microland Limited was filed with the ROC on 31 Mar 2024.
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