Mips Information Technology Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
- Paid Up Capital ₹ 1.13 Cr
- Company Age 31 Year, 13 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.40 M
- Satisfied Charges ₹ 7.00 M
- Revenue Growth 208.21%
- Profit Growth 335.98%
- Ebitda 557.60%
- Net Worth 21.95%
- Total Assets 30.54%
About Mips Information Technology
Mips Information Technology Limited (MITL) is a Public Limited Indian Non-Government Company incorporated in India on 20 January 1994 and has a history of 31 years. Its registered office is in Bangaluru, Karnataka, India.
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 2.50 Cr and a paid-up capital of Rs 1.13 Cr.
The company currently has active open charges totaling ₹1.40 M. The company has closed loans amounting to ₹7.00 M, as per Ministry of Corporate Affairs (MCA) records.
Geetha Prabhu, Gurudatta Prabhu, and Keerthi Kumar serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U85110KA1994PLC015138
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Company No.
015138
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
20 Jan 1994
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Mips Information Technology?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gurudatta Prabhu
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Whole-Time Director | 20-Jan-1994 | Current |
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Geetha Prabhu
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Director | 04-Dec-2007 | Current |
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Keerthi Kumar
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Director | 12-Feb-2007 | Current |
Financial Performance of Mips Information Technology.
Mips Information Technology Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 208.21% increase. The company also saw a substantial improvement in profitability, with a 335.98% increase in profit. The company's net worth Soared by an impressive increase of 21.95%.
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What is the Ownership and Shareholding Structure of Mips Information Technology?
In 2020, Mips Information Technology had a promoter holding of 70.15% and a public holding of 29.85%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Mipsoft Comtech Private LimitedGurudatta Prabhu is a mutual person
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Elcraft Technologies Private Limited
Keerthi Kumar is a mutual person
Charges (Loans)
₹0.14 Cr
₹0.70 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 0.14 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jan 2011 | Canara Bank | ₹1.40 M | Open |
| 13 May 2009 | Canara Bank | ₹1.00 M | Satisfied |
| 27 Jan 2000 | Canara Bank | ₹3.00 M | Satisfied |
| 27 Jan 2000 | Canara Bank | ₹3.00 M | Satisfied |
How Many Employees Work at Mips Information Technology?
Mips Information Technology has a workforce of 9 employees as of Apr 09, 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 Mips Information Technology, 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 Mips Information Technology'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.
