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: December 31, 2024

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%.

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
147.38%
Revenue from Operations
144.46%
Total Assets
34.08%
Profit or Loss
520.50%
Net Worth
44.99%
EBITDA
182.58%

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.

Graph showing employee growth trends

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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.

    19 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

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

    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.

    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.

    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.

    10 Jun 2014

Frequently asked questions

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

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

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

    • Nalin Pramodchandra Patel
    • Paragi Nalin Patel
  • 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.

  • 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).

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

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

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

  • 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%.

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

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

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