Mifa Systems Private Limited

Manufactures electrical equipment, machinery, and transport equipment for various industries.

1996 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Mifa Systems Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.18 M
  • Company Age 28 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.99 Cr
  • Revenue Growth -30.00%
  • Profit Growth -78.32%
  • Ebitda -74.75%
  • Net Worth 3.67%
  • Total Assets 8.22%

About Mifa Systems

Mifa Systems Private Limited (MSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 August 1996 and has a history of 28 years and seven months. Its registered office is in Ahmedabad, Gujarat, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.18 M.

The company currently has active open charges totaling ₹4.99 Cr.

Falguni Kapadia, Jyoti Upadhye, Darshak Kapadia, and One other member 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

    U31109GJ1996PTC030494

  • Company No.

    030494

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Aug 1996

  • Date of AGM

    22 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Electronics & Durables
Machinery and Equipment

What products or services does Mifa Systems Private Limited offer?

Mifa Systems Private Limited offers a wide range of products and services, including Cleanroom Equipment & Supplies, Clean Room Equipment, Analyzers & Analytical Instruments, PH Meter, Measuring Equipments & Instruments, Moisture Meter, Digital Counters, Electrical & Electronic Test Devices, Data Loggers, Process Control Systems & Equipments.

Company report

Mifa Systems Private Limited

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

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

Executive Team (1)

NameDesignationAppointment DateStatus
Darshak Kapadia Country flag representing In Managing Director14-Aug-1996Current

Board Members (3)

NameDesignationAppointment DateStatus
Abhay Upadhye Country flag representing In Whole-Time Director 14-Aug-1996Current
Falguni Kapadia Country flag representing In Whole-Time Director 11-Jul-2013Current
Jyoti Upadhye Country flag representing In Whole-Time Director 11-Jul-2013Current

Financial Performance of Mifa Systems.

Mifa Systems Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 30% decrease. The company also saw a substantial fall in profitability, with a 78.32% decrease in profit. The company's net worth moved up by a moderate rise of 3.67%.

Mifa Systems revenue growth over time
Mifa 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
-30.00%
Revenue from Operations
-30.68%
Total Assets
8.22%
Profit or Loss
-78.32%
Net Worth
3.67%
EBITDA
-74.75%

What is the Ownership and Shareholding Structure of Mifa Systems?

In 2023, Mifa Systems 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

₹49.90 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 4.99 Cr

Latest Charge Details

DateLenderAmountStatus
07 Mar 2015Hdfc Bank Limited₹2.49 CrOpen
29 Mar 2014Hdfc Bank Limited₹2.50 CrOpen

How Many Employees Work at Mifa Systems?

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

Employee growth trends for Mifa Systems Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mifa 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 Mifa 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 Mifa Systems

Recent activity within the organization

  • Annual General Meeting

    Mifa Systems Private Limited last Annual general meeting of members was held on 22 Aug 2024 as per latest MCA records.

  • Balance Sheet

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

  • Charges

    A charge with Hdfc Bank Limited of Rs. 24.90 M registered on 07 Mar 2015 with Charge ID 10553266 was modified on 12 Jan 2021.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 25.00 M registered on 29 Mar 2014 with Charge ID 10486735 was modified on 15 Dec 2017.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 24.90 M with Charge ID 10553266 was registered on 07 Mar 2015.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 25.00 M with Charge ID 10486735 was registered on 29 Mar 2014.

Frequently asked questions

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

    Mifa Systems Private Limited was incorporated on 14 Aug 1996.

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

    The authorized share capital of Mifa Systems Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.18 M.

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

    Currently 4 directors are associated with Mifa Systems Private Limited.

    • Falguni Darshak Kapadia
    • Jyoti Abhay Upadhye
    • Darshak Hareshbhai Kapadia
    • Abhay Shrinivas Upadhye
  • What is the registered address of Mifa Systems Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mifa Systems Private Limited is C/03 Akshardham Ind. Estate B/S Panchratna Estate Ramol Over Bridge, Ramol Ta:D Askoi India, Ahmedabad, Gujarat, 382445.

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

    The corporate identification number (CIN) of Mifa Systems Private Limited is U31109GJ1996PTC030494 and the company number is 030494 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mifa Systems Private Limited?

    The Official website of Mifa Systems Private Limited is https://www.mifasystems.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Mifa Systems Private Limited has fallen by -30.00%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Mifa Systems Private Limited has experienced an upsurge of 3.67%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Mifa Systems Private Limited amount to ₹ 4.99 Cr.

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

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

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