Minerva Technology Solutions Limited

Software services company specializing in product development and outsourcing for various industries.

1997 | Delhi (India) | Active
Last Updated: December 15, 2024

Minerva Technology Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 27 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 0.60 M
  • Revenue Growth -2.66%
  • Profit Growth -40.37%
  • Ebitda -30.85%
  • Net Worth 13.28%
  • Total Assets 34.42%

About Minerva Technology Solutions

Minerva Technology Solutions Limited (MTSL) is a Public Limited Indian Non-Government Company incorporated in India on 14 October 1997 and has a history of 27 years and three months. Its registered office is in Delhi, India.

The Corporate was formerly known as Shasun Consultants Limited. 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 ₹0.60 M.

Pallikandath Kumar, Neetu Dhar, and Sudhir Kumar serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51109DL1997PLC090188

  • Company No.

    090188

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Oct 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Information Technology

What products or services does Minerva Technology Solutions Limited offer?

Minerva Technology Solutions Limited offers a wide range of products and services, including Corporate Finance & Leasing Advisors, Financial Service, HR & Payroll Outsourcing Services, Third Party Payroll Service.

Who are the key members and board of directors at Minerva Technology Solutions?

Board Members (3)

Name Designation Appointment Date Status
Sudhir Kumar Country flag representing In Director 01-Oct-2012 Current
Pallikandath Kumar Country flag representing In Director 14-Oct-1997 Current
Neetu Dhar Country flag representing In Director 15-Jun-2021 Current

Financial Performance of Minerva Technology Solutions.

Minerva Technology Solutions Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 2.66% decrease. The company also saw a substantial fall in profitability, with a 40.37% decrease in profit. The company's net worth Soared by an impressive increase of 13.28%.

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
-2.66%
Revenue from Operations
-3.11%
Total Assets
34.42%
Profit or Loss
-40.37%
Net Worth
13.28%
EBITDA
-30.85%

What is the Ownership and Shareholding Structure of Minerva Technology Solutions?

In 2022, Minerva Technology Solutions 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

₹0.60 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Vijaya Bank : 0.06 Cr

Latest Charge Details

Date Lender Amount Status
05 Feb 1999 Vijaya Bank ₹0.20 M Open
20 Nov 1998 Vijaya Bank ₹0.40 M Open

How Many Employees Work at Minerva Technology Solutions?

Minerva Technology Solutions has a workforce of 28 employees as of Mar 28, 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 Minerva Technology Solutions, 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 Minerva Technology Solutions'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 Minerva Technology Solutions

Recent activity within the organization

  • Annual General Meeting

    Minerva Technology Solutions Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Minerva Technology Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Neetu Dhar was appointed as a Director was appointed as a Director on 15 Jun 2021 & has been associated with this company since 3 years 7 months .

    15 Jun 2021

  • Director Appointment

    Sudhir Kumar was appointed as a Director was appointed as a Director on 01 Oct 2012 & has been associated with this company since 12 years 4 months .

    01 Oct 2012

  • Charges

    A charge with Vijaya Bank amounted to Rs. 0.20 M with Charge ID 90047410 was registered on 05 Feb 1999.

    05 Feb 1999

  • Charges

    A charge with Vijaya Bank amounted to Rs. 0.40 M with Charge ID 90047321 was registered on 20 Nov 1998.

    20 Nov 1998

Frequently asked questions

  • Minerva Technology Solutions Limited was incorporated on 14 Oct 1997.

  • The authorized share capital of Minerva Technology Solutions Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with Minerva Technology Solutions Limited.

    • Pallikandath Balan Sunil Kumar
    • Neetu Dhar
    • Sudhir Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Minerva Technology Solutions Limited is 40 Lgf National Park Lajpat Nagar, Part-Iv India, New Delhi, 110024.

  • The corporate identification number (CIN) of Minerva Technology Solutions Limited is U51109DL1997PLC090188 and the company number is 090188 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Minerva Technology Solutions Limited is https://www.minerva.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Minerva Technology Solutions Limited has fallen by -2.66%.

  • As Per 2022 financial reports, 28 employees are currently employed by Minerva Technology Solutions Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Minerva Technology Solutions Limited has experienced an upsurge of 13.28%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Minerva Technology Solutions Limited amount to ₹ 0.60 M.

  • The most recent Balance Sheet for Minerva Technology Solutions Limited was filed with the ROC on 31 Mar 2024.

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