Micronet Technologies Limited

Rents and leases machinery, incorporated in 1998, based in Hyderabad, Telangana.

1998 | Hyderabad, Telangana (India) | Active
Last Updated:

Micronet Technologies Profile

Key Indicators

  • Authorised Capital ₹ 10.90 Cr
  • Paid Up Capital ₹ 6.01 M
  • Company Age 27 Year, 2 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 27 years and two 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

Financial Services
Company report

Micronet Technologies Limited

Explore comprehensive data for Micronet Technologies Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Micronet Technologies?

Board Members (3)

NameDesignationAppointment DateStatus
Maganti Srinivas Country flag representing In Director 01-Jul-2007Current
Satish Nimmagadda Country flag representing Au Director 01-Jul-2007Current
Ranga Ramachandran Country flag representing In Director 01-Dec-2014Current

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%.

Micronet Technologies revenue growth over time
Micronet Technologies 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
-18.04%
Revenue from Operations
7.50%
Total Assets
-1.99%
Profit or Loss
-2148.09%
Net Worth
-29.69%
EBITDA
-14890.95%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹24.95 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
27 Sep 2012Srei Equipment Finance Private Limited₹7.45 CrOpen
20 Feb 2009Jm Financial Asset Reconstruction Company Private Limited₹12.50 CrOpen
27 Nov 2004Jm Financial Asset Reconstruction Company Private Limited₹5.00 CrOpen
07 Jun 2001State Bank Of India₹2.00 MSatisfied

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.

Employee growth trends for Micronet Technologies Limited

Deals i

Graph showing company valuation over time

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

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 Micronet Technologies

Recent activity within the organization

  • Annual General Meeting

    Micronet Technologies Limited last Annual general meeting of members was held on 28 Sep 2018 as per latest MCA records.

  • Balance Sheet

    Micronet Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Hyderabad.

  • Director Appointment

    Ranga Ramachandran was appointed as a Director was appointed as a Director on 01 Dec 2014 & has been associated with this company since 10 years 5 months .

  • Charges

    A charge with Jm Financial Asset Reconstruction Company Private Limited of Rs. 12.50 Cr registered on 20 Feb 2009 with Charge ID 10143339 was modified on 26 Mar 2014.

  • Charges

    A charge with Jm Financial Asset Reconstruction Company Private Limited of Rs. 5.00 Cr registered on 27 Nov 2004 with Charge ID 90126948 was modified on 26 Mar 2014.

  • Charges

    A charge with Srei Equipment Finance Private Limited amounted to Rs. 7.45 Cr with Charge ID 10380719 was registered on 27 Sep 2012.

Frequently asked questions

  • What is the Incorporation or founding date of Micronet Technologies Limited?

    Micronet Technologies Limited was incorporated on 19 Mar 1998.

  • What is authorized share capital and paid-up capital of Micronet Technologies Limited?

    The authorized share capital of Micronet Technologies Limited is ₹ 10.90 Cr and paid-up capital is ₹ 6.01 M.

  • Who are the current board members & directors of Micronet Technologies Limited?

    Currently 3 directors are associated with Micronet Technologies Limited.

    • Maganti Srinivas
    • Satish Kumar Nimmagadda
    • Ranga Ramachandran

  • What is the registered address of Micronet Technologies Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Micronet Technologies Limited is 4Th Floor A4/Ii Electronic Complex, India, Hyderabad, Telangana, 500062.

  • What is the corporate identification number (CIN) and company number of Micronet Technologies Limited?

    The corporate identification number (CIN) of Micronet Technologies Limited is U30007TG1998PLC029062 and the company number is 029062 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Micronet Technologies Limited?

    According to the financial reports for the fiscal year 2018, the revenue trend for Micronet Technologies Limited has fallen by -18.04%.

  • What change has been observed in the net worth of Micronet Technologies Limited, and by what percentage?

    The financial reports for the fiscal year 2018 indicates that The net worth of Micronet Technologies Limited has experienced an downturn of -29.69%.

  • What are the total open charges for Micronet Technologies Limited?

    As per the financial statements for fiscal Year 2018, The total open charges for Micronet Technologies Limited amount to ₹ 24.95 Cr.

  • When was the last Balance Sheet of Micronet Technologies Limited filed with the ROC?

    The most recent Balance Sheet for Micronet Technologies Limited was filed with the ROC on 31 Mar 2018.

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