Microtact India Private Limited

Manufacturer and trader of hydraulic valves and engineering goods for government and private organizations in India.

2007 | Mumbai, Maharashtra (India) | Active
Last Updated:

Microtact India Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 17 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.00 M
  • Revenue Growth -98.35%
  • Profit Growth 84.29%
  • Ebitda 82.35%
  • Net Worth -0.15%
  • Total Assets -2.86%

About Microtact India

Microtact India Private Limited (MIPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 July 2007 and has a history of 17 years and seven months. Its registered office is in Mumbai, Maharashtra.

The Corporate was formerly known as Microtact Hydraulic (India) Private Limited. The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. 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 ₹2.00 M.

Ismail Balwa, Umar Balwa, Hussein Balwa, and One other member serve as directors at the Company.

Company Details

  • Location Mumbai, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29120MH2007PTC172364

  • Company No.

    172364

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Jul 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Microtact India Private Limited offer?

Microtact India Private Limited offers a wide range of products and services, including Hydraulic & Pneumatic Machines, Air Regulators, Industrial Valves & Valve Fittings, Solenoid Valves, Control Valves, Packaging Caps & Seals, Cap Closures, Safety & Pressure Relief Valves, Industrial Valves.

Who are the key members and board of directors at Microtact India?

Board Members (4)

NameDesignationAppointment DateStatus
Ismail Balwa Country flag representing In Director 14-Jul-2007Current
Umar Balwa Country flag representing In Director 14-Jul-2007Current
Hussein Balwa Country flag representing In Director 14-Jul-2007Current
Rafiq Balwa Country flag representing In Director 25-Jan-2020Current

Financial Performance of Microtact India.

Microtact India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 98.35% decrease. The company also saw a substantial improvement in profitability, with a 84.29% increase in profit. The company's net worth dipped by a decrease of 0.15%.

Microtact India revenue growth over time
Microtact India 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
-98.35%
Revenue from Operations
Total Assets
-2.86%
Profit or Loss
84.29%
Net Worth
-0.15%
EBITDA
82.35%

What is the Ownership and Shareholding Structure of Microtact India?

In 2022, Microtact India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Syndicate Bank : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
22 Nov 2008Syndicate Bank₹2.00 MOpen

How Many Employees Work at Microtact India?

Unlock and access historical data on people associated with Microtact India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Microtact India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Microtact 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 Microtact India'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 Microtact India

Recent activity within the organization

  • Annual General Meeting

    Microtact India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Microtact India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Director Appointment

    Rafiq Hussein Balwa was appointed as a Director was appointed as a Director on 25 Jan 2020 & has been associated with this company since 5 years 1 month .

  • Charges

    A charge with Syndicate Bank of Rs. 2.00 M registered on 22 Nov 2008 with Charge ID 10132456 was modified on 15 Jan 2015.

  • Charges

    A charge with Syndicate Bank amounted to Rs. 2.00 M with Charge ID 10132456 was registered on 22 Nov 2008.

  • Director Appointment

    Ismail Abdulkarim Balwa was appointed as a Director was appointed as a Director on 14 Jul 2007 & has been associated with this company since 17 years 7 months .

Frequently asked questions

  • What is the Incorporation or founding date of Microtact India Private Limited?

    Microtact India Private Limited was incorporated on 14 Jul 2007.

  • What is authorized share capital and paid-up capital of Microtact India Private Limited?

    The authorized share capital of Microtact India Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Microtact India Private Limited?

    Currently 4 directors are associated with Microtact India Private Limited.

    • Ismail Abdulkarim Balwa
    • Umar Abdulkarim Balwa
    • Hussein Abdulkarim Balwa
    • Rafiq Hussein Balwa

  • What is the registered address of Microtact India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Microtact India Private Limited is 4Th Floor Techniplex - I Complex Off Veer Savarkar Flyover, Goregaon (Wes T) India, Mumbai, Maharashtra, 400062.

  • What is the corporate identification number (CIN) and company number of Microtact India Private Limited?

    The corporate identification number (CIN) of Microtact India Private Limited is U29120MH2007PTC172364 and the company number is 172364 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Microtact India Private Limited?

    The Official website of Microtact India Private Limited is https://www.microtact.com

  • What has been the recent revenue trend for Microtact India Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Microtact India Private Limited has fallen by -98.35%.

  • What change has been observed in the net worth of Microtact India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Microtact India Private Limited has experienced an downturn of -0.15%.

  • What are the total open charges for Microtact India Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Microtact India Private Limited amount to ₹ 2.00 M.

  • When was the last Balance Sheet of Microtact India Private Limited filed with the ROC?

    The most recent Balance Sheet for Microtact India Private Limited was filed with the ROC on 31 Mar 2023.

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