Microtek International Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 12.00 Cr
- Company Age 35 Year, 8 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 eight 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
- Location
New Delhi, Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
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.
Microtek International Private Limited
Explore comprehensive data for Microtek International Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Microtek International?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pushpendra Bansal  | CFO(Kmp) | 22-Dec-2020 | Current |
| Sanjeev Subudhi | Company Secretary | 19-Apr-2021 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Subodh Gupta | Director | 06-Jun-2017 | Current |
| Ajay Aggarwal | Director | 07-Nov-2007 | Current |
| Nand Aggarwal | Director | 19-Jul-1989 | Current |
| Saurabh Gupta | Director | 25-Feb-2021 | Current |
| Manoj Jain | Wholetime Director | 31-Jan-2022 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Interarch Building Products LimitedPushpendra Bansal is a mutual person
Airss Software Solutions Private LimitedNand Aggarwal is a mutual person
Balaji Action Wooddecor Private LimitedNand Aggarwal is a mutual person
- Action Wood Products Private Limited
Nand Aggarwal is a mutual person
- Microtek New Technologies Private Limited
Nand Aggarwal, Saurabh Gupta and 1 more are mutual person
Action Footwears Private LimitedAjay Aggarwal is a mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Mar 2023 | Hdfc Bank Limited | ₹30.00 Cr | Open |
| 29 Dec 2021 | Axis Bank Limited | ₹25.00 Cr | Open |
| 11 Nov 2021 | Yes Bank Limited | ₹50.00 Cr | Open |
| 24 Aug 2016 | Hdfc Bank Limited | ₹200.00 Cr | Open |
| 29 Apr 2016 | Hdfc Bank Limited | ₹200.00 Cr | Satisfied |
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.
Deals i
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
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
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.
- 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.
- Charges
A charge registered on 29 Apr 2016 via Charge ID 100035917 with Hdfc Bank Limited was fully satisfied on 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.
- 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.
- Balance Sheet
Microtek International Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with RoC-Delhi.
Recent News, Updates & Announcement
- SAE International Partners with MicroTek to Offer Virtual Training Room Across the Globe.
WARRENDALE, Pa. (PRWEB) May 03, 2018 -- SAE International announces a pilot program in partnership with MicroTek that will offer professional development....
- Luminous, Microtek , Greaves Cotton in race to buy Su-Kam Power | Mint.
Su-Kam is likely to be put up to bidders and has received informal interest from Greaves Cotton, Luminous Group and Microtek so far.
Frequently asked questions
What is the Incorporation or founding date of Microtek International Private Limited?
Microtek International Private Limited was incorporated on 19 Jul 1989.
What is authorized share capital and paid-up capital of Microtek International Private Limited?
The authorized share capital of Microtek International Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 12.00 Cr.
Who are the current board members & directors of Microtek International Private Limited?
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
What is the registered address of Microtek International Private Limited?
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.
What is the corporate identification number (CIN) and company number of Microtek International Private Limited?
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).
What is the official website of Microtek International Private Limited?
The Official website of Microtek International Private Limited is https://www.microtekdirect.com
What has been the recent revenue trend for Microtek International Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Microtek International Private Limited has risen by 11.25%.
How many employees does Microtek International Private Limited currently have?
As Per 2023 financial reports, 1880 employees are currently employed by Microtek International Private Limited.
What change has been observed in the net worth of Microtek International Private Limited, and by what percentage?
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%.
What are the total open charges for Microtek International Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Microtek International Private Limited amount to ₹ 305.00 Cr.
When was the last Balance Sheet of Microtek International Private Limited filed with the ROC?
The most recent Balance Sheet for Microtek International Private Limited was filed with the ROC on 31 Mar 2022.
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