Microland Limited

IT company providing services such as collaboration, mobility, virtualization, cloud computing, and infrastructure management.

1989 | Bangalore, Karnataka (India) | Active
Last Updated: October 04, 2024

Microland Profile

Key Indicators

  • Authorised Capital ₹ 75.02 Cr
  • Paid Up Capital ₹ 11.25 Cr
  • Company Age 35 Year, 10 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 ten 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

    microland.com

  • 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)

NameDesignationAppointment DateStatus
Pradeep Kar Country flag representing In Managing Director01-Sep-1989Current
Vedavalli Sridharan Country flag representing In Company Secretary12-Nov-2020Current
Rajesh Kharidehal CFO10-May-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Revathy Ashok Country flag representing In Director 26-Sep-2016Current
Pravin Gandhi Country flag representing In Director 07-Sep-2004Current
Raja Gopalan Country flag representing In Director 03-Aug-2022Current
Aniruddha Gopalakrishnan Additional Director 16-Sep-2024Current

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%.

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
13.41%
Revenue from Operations
13.72%
Total Assets
3.49%
Profit or Loss
-20.36%
Net Worth
-25.99%
EBITDA
10.74%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
09 Jan 2024Jp Morgan Chase Bank, N.A.₹37.50 CrOpen
29 Sep 2017Others₹115.00 CrOpen
12 Jul 2023Others₹62.50 CrSatisfied
23 Aug 2021Others₹78.00 CrSatisfied
23 Aug 2021Others₹9.50 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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 5 months 5 days .

    16 Sep 2024

  • Annual General Meeting

    Microland Limited last Annual general meeting of members was held on 27 Aug 2024 as per latest MCA records.

    27 Aug 2024

  • Charges

    A charge registered on 12 Jul 2023 via Charge ID 100748844 with Others was fully satisfied on 16 Apr 2024.

    16 Apr 2024

  • Balance Sheet

    Microland Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • 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.

    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.

    09 Jan 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Microland Limited was incorporated on 20 Apr 1989.

  • The authorized share capital of Microland Limited is ₹ 75.02 Cr and paid-up capital is ₹ 11.25 Cr.

  • Currently 7 directors are associated with Microland Limited.

    • Revathy Ashok
    • Pradeep Kar
    • Pravin Ratilal Gandhi
    • Raja Gopalan
    • Aniruddha Gopalakrishnan
    • Vedavalli Sridharan
    • Rajesh Kharidehal
  • 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.

  • The corporate identification number (CIN) of Microland Limited is U85110KA1989PLC014450 and the company number is 014450 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Microland Limited is https://www.microland.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Microland Limited has risen by 13.41%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Microland Limited has experienced an downturn of -25.99%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Microland Limited amount to ₹ 152.50 Cr.

  • The most recent Balance Sheet for Microland Limited was filed with the ROC on 31 Mar 2024.

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