Micronet Technologies Profile
Key Indicators
- Authorised Capital ₹ 10.90 Cr
- Paid Up Capital ₹ 6.01 M
- Company Age 26 Year, 11 Months
- Last Filing with ROC 31 Mar 2018
- Open Charges ₹ 24.95 Cr
- Satisfied Charges ₹ 2.00 M
- Revenue Growth -18.04%
- Profit Growth -2148.09%
- Ebitda -14890.95%
- Net Worth -29.69%
- Total Assets -1.99%
About Micronet Technologies
Micronet Technologies Limited (MTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 March 1998 and has a history of 26 years and 11 months. Its registered office is in Hyderabad, Telangana, India.
The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2018. It's a company limited by shares with an authorized capital of Rs 10.90 Cr and a paid-up capital of Rs 6.01 M.
The company currently has active open charges totaling ₹24.95 Cr. The company has closed loans amounting to ₹2.00 M, as per Ministry of Corporate Affairs (MCA) records.
Maganti Srinivas, Satish Nimmagadda, and Ranga Ramachandran serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U30007TG1998PLC029062
- Company No.
029062
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
19 Mar 1998
- Date of AGM
28 Sep 2018
- Date of Balance Sheet
31 Mar 2018
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Who are the key members and board of directors at Micronet Technologies?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Maganti Srinivas  | Director | 01-Jul-2007 | Current |
Satish Nimmagadda  | Director | 01-Jul-2007 | Current |
| Ranga Ramachandran | Director | 01-Dec-2014 | Current |
Financial Performance of Micronet Technologies.
Micronet Technologies Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 18.04% decrease. The company also saw a substantial fall in profitability, with a 2148.09% decrease in profit. The company's net worth observed a substantial decline by a decrease of 29.69%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Micronet Technologies?
In 2018, Micronet Technologies had a promoter holding of 0.08% and a public holding of 99.92%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Think Solar India Private LimitedRanga Ramachandran is a mutual person
Charges (Loans)
₹24.95 Cr
₹0.20 Cr
Charges Breakdown by Lending Institutions
- Jm Financial Asset Reconstruction Company Private Limited : 17.50 Cr
- Srei Equipment Finance Private Limited : 7.45 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Sep 2012 | Srei Equipment Finance Private Limited | ₹7.45 Cr | Open |
| 20 Feb 2009 | Jm Financial Asset Reconstruction Company Private Limited | ₹12.50 Cr | Open |
| 27 Nov 2004 | Jm Financial Asset Reconstruction Company Private Limited | ₹5.00 Cr | Open |
| 07 Jun 2001 | State Bank Of India | ₹2.00 M | Satisfied |
How Many Employees Work at Micronet Technologies?
Unlock and access historical data on people associated with Micronet Technologies, 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 Micronet 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 Micronet Technologies'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.
