Microtech It Systems Private Limited

IT company providing software development, web design, SEO, mobile app development, and IT infrastructure solutions.

2006 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Microtech It Systems Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 18 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.75 Cr
  • Satisfied Charges ₹ 3.40 Cr
  • Revenue Growth 147.38%
  • Profit Growth 520.50%
  • Ebitda 182.58%
  • Net Worth 44.99%
  • Total Assets 34.08%

About Microtech It Systems

Microtech It Systems Private Limited (MISPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 December 2006 and has a history of 18 years and four months. Its registered office is in Ahmedabad, Gujarat, 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 0.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹3.75 Cr. The company has closed loans amounting to ₹3.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nalin Patel and Paragi Patel serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200GJ2006PTC049579

  • Company No.

    049579

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Dec 2006

  • Date of AGM

    19 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Information Technology

What products or services does Microtech It Systems Private Limited offer?

Microtech It Systems Private Limited offers a wide range of products and services, including Computer and Networking Solutions, Networking Solutions, Web Development & Marketing Services, Website Designing, Data Collection Services, Data Conversion Services, Data Processing, Form Processing Service, Data Entry Work, Offshore Data Entry.

Company report

Microtech It Systems Private Limited

Explore comprehensive data for Microtech It Systems Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Microtech It Systems?

Board Members (2)

NameDesignationAppointment DateStatus
Nalin Patel Country flag representing In Director 13-Dec-2006Current
Paragi Patel Country flag representing In Director 13-Dec-2006Current

Financial Performance of Microtech It Systems.

Microtech It Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 147.38% increase. The company also saw a substantial improvement in profitability, with a 520.5% increase in profit. The company's net worth Soared by an impressive increase of 44.99%.

Microtech It Systems revenue growth over time
Microtech It Systems 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
147.38%
Revenue from Operations
144.46%
Total Assets
34.08%
Profit or Loss
520.50%
Net Worth
44.99%
EBITDA
182.58%

What is the Ownership and Shareholding Structure of Microtech It Systems?

Unlock access to Microtech It Systems's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹37.50 M

Satisfied Charges

₹34.00 M

Charges Breakdown by Lending Institutions

  • Others : 2.25 Cr
  • Idbi Bank Limited : 1.50 Cr

Latest Charge Details

DateLenderAmountStatus
06 Jul 2021Others₹2.25 CrOpen
13 Feb 2017Idbi Bank Limited₹1.50 CrOpen
22 Oct 2012The Kalupur Commercial Co-Operative Bank Ltd.₹3.40 CrSatisfied

How Many Employees Work at Microtech It Systems?

Microtech It Systems has a workforce of 4 employees as of Apr 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Microtech It Systems Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Microtech It Systems, 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 Microtech It Systems'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 Microtech It Systems

Recent activity within the organization

  • Annual General Meeting

    Microtech It Systems Private Limited last Annual general meeting of members was held on 19 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Microtech It Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Others amounted to Rs. 22.50 M with Charge ID 100461226 was registered on 06 Jul 2021.

  • Charges

    A charge registered on 22 Oct 2012 via Charge ID 10387860 with The Kalupur Commercial Co-Operative Bank Ltd. was fully satisfied on 05 Jun 2017.

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 15.00 M with Charge ID 100112839 was registered on 13 Feb 2017.

  • Charges

    A charge with The Kalupur Commercial Co-Operative Bank Ltd. of Rs. 34.00 M registered on 22 Oct 2012 with Charge ID 10387860 was modified on 10 Jun 2014.

Frequently asked questions

  • What is the Incorporation or founding date of Microtech It Systems Private Limited?

    Microtech It Systems Private Limited was incorporated on 13 Dec 2006.

  • What is authorized share capital and paid-up capital of Microtech It Systems Private Limited?

    The authorized share capital of Microtech It Systems Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Who are the current board members & directors of Microtech It Systems Private Limited?

    Currently 2 directors are associated with Microtech It Systems Private Limited.

    • Nalin Pramodchandra Patel
    • Paragi Nalin Patel
  • What is the registered address of Microtech It Systems Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Microtech It Systems Private Limited is 402 Parishram 5B Rashmi Society Mithakhali Circle Navrangpura, India, Ahmedabad, Gujarat, 380009.

  • What is the corporate identification number (CIN) and company number of Microtech It Systems Private Limited?

    The corporate identification number (CIN) of Microtech It Systems Private Limited is U72200GJ2006PTC049579 and the company number is 049579 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Microtech It Systems Private Limited?

    The Official website of Microtech It Systems Private Limited is https://www.micits.com

  • What has been the recent revenue trend for Microtech It Systems Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Microtech It Systems Private Limited has risen by 147.38%.

  • How many employees does Microtech It Systems Private Limited currently have?

    As Per 2023 financial reports, 4 employees are currently employed by Microtech It Systems Private Limited.

  • What change has been observed in the net worth of Microtech It Systems Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Microtech It Systems Private Limited has experienced an upsurge of 44.99%.

  • What are the total open charges for Microtech It Systems Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Microtech It Systems Private Limited amount to ₹ 3.75 Cr.

  • When was the last Balance Sheet of Microtech It Systems Private Limited filed with the ROC?

    The most recent Balance Sheet for Microtech It Systems Private Limited was filed with the ROC on 31 Mar 2024.

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