Microtek International Private Limited

Distributor of inverters and UPS systems with established sales and service network.

1989 | New Delhi, Delhi (India) | Active
Last Updated: July 19, 2023

Microtek International Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 12.00 Cr
  • Company Age 35 Year, 7 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 305.00 Cr
  • Satisfied Charges ₹ 266.25 Cr
  • Revenue Growth 11.25%
  • Profit Growth 156.80%
  • Ebitda 223.06%
  • Net Worth 159.54%
  • Total Assets 48.29%

About Microtek International

Microtek International Private Limited (MIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 July 1989 and has a history of 35 years and seven months. Its registered office is in New Delhi, Delhi, India.

The Corporate was formerly known as Microtek International Limited. The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 12.00 Cr.

The company currently has active open charges totaling ₹305.00 Cr. The company has closed loans amounting to ₹266.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Microtek International Private Limited India are Pushpendra Bansal SERVING AS THE CHIEF FINANCIAL OFFICER (CFO) and Sanjeev Subudhi as Company Secretary. Ajay Aggarwal, Nand Aggarwal, Subodh Gupta, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1989PTC036999

  • Company No.

    036999

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Jul 1989

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc-Delhi

Industry

Consumer Electronics & Durables

What products or services does Microtek International Private Limited offer?

Microtek International Private Limited offers a wide range of products and services, including Solar & Renewable Energy Products, Solar Power Plants, UPS, Microtek UPS, Voltage Stabilizers, Air Conditioner Voltage Stabilizer, Solar Panels, Microtek Solar Panels.

Who are the key members and board of directors at Microtek International?

Executive Team (2)

NameDesignationAppointment DateStatus
Pushpendra Bansal Country flag representing In CFO(Kmp)22-Dec-2020Current
Sanjeev Subudhi Country flag representing In Company Secretary19-Apr-2021Current

Board Members (5)

NameDesignationAppointment DateStatus
Subodh Gupta Country flag representing In Director 06-Jun-2017Current
Ajay Aggarwal Country flag representing In Director 07-Nov-2007Current
Nand Aggarwal Country flag representing In Director 19-Jul-1989Current
Saurabh Gupta Country flag representing In Director 25-Feb-2021Current
Manoj Jain Country flag representing In Wholetime Director 31-Jan-2022Current

Financial Performance of Microtek International.

Microtek International Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.25% increase. The company also saw a substantial improvement in profitability, with a 156.8% increase in profit. The company's net worth Soared by an impressive increase of 159.54%.

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
11.25%
Revenue from Operations
11.14%
Total Assets
48.29%
Profit or Loss
156.80%
Net Worth
159.54%
EBITDA
223.06%

What is the Ownership and Shareholding Structure of Microtek International?

In 2023, Microtek International had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹305.00 Cr

Satisfied Charges

₹266.25 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 230.00 Cr
  • Yes Bank Limited : 50.00 Cr
  • Axis Bank Limited : 25.00 Cr

Latest Charge Details

DateLenderAmountStatus
25 Mar 2023Hdfc Bank Limited₹30.00 CrOpen
29 Dec 2021Axis Bank Limited₹25.00 CrOpen
11 Nov 2021Yes Bank Limited₹50.00 CrOpen
24 Aug 2016Hdfc Bank Limited₹200.00 CrOpen
29 Apr 2016Hdfc Bank Limited₹200.00 CrSatisfied

How Many Employees Work at Microtek International?

Microtek International has a workforce of 1880 employees as of Aug 07, 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

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Microtek International, 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 Microtek International'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 Microtek International

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 30.00 Cr with Charge ID 100698675 was registered on 25 Mar 2023.

    25 Mar 2023

  • Charges

    A charge with Yes Bank Limited of Rs. 50.00 Cr registered on 11 Nov 2021 with Charge ID 100499045 was modified on 15 Feb 2023.

    15 Feb 2023

  • Charges

    A charge registered on 29 Apr 2016 via Charge ID 100035917 with Hdfc Bank Limited was fully satisfied on 12 Dec 2022.

    12 Dec 2022

  • Annual General Meeting

    Microtek International Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Charges

    A charge with Hdfc Bank Limited of Rs. 200.00 Cr registered on 24 Aug 2016 with Charge ID 100062225 was modified on 24 Sep 2022.

    24 Sep 2022

  • Balance Sheet

    Microtek International Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with RoC-Delhi.

    31 Mar 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Microtek International Private Limited was incorporated on 19 Jul 1989.

  • The authorized share capital of Microtek International Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 12.00 Cr.

  • Currently 7 directors are associated with Microtek International Private Limited.

    • Ajay Kumar Aggarwal
    • Nand Kishore Aggarwal
    • Subodh Gupta
    • Saurabh Gupta
    • Manoj Jain
    • Pushpendra Kumar Bansal
    • Sanjeev Subudhi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Microtek International Private Limited is H-56 Udyog Nagar Main Rohtak Road, New Delhi, India, 110041.

  • The corporate identification number (CIN) of Microtek International Private Limited is U74899DL1989PTC036999 and the company number is 036999 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Microtek International Private Limited is https://www.microtekdirect.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Microtek International Private Limited has risen by 11.25%.

  • As Per 2023 financial reports, 1880 employees are currently employed by Microtek International Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Microtek International Private Limited has experienced an upsurge of 159.54%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Microtek International Private Limited amount to ₹ 305.00 Cr.

  • The most recent Balance Sheet for Microtek International Private Limited was filed with the ROC on 31 Mar 2022.

People also Viewed

Similar Companies Based on Electronics Manufacturing