Mips Information Technology Limited

Provides IT consultation and software solutions for campus digitalization, payroll, and attendance management.

1994 | Bangaluru, Karnataka (India) | Active
Last Updated:

Mips Information Technology Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 1.13 Cr
  • Company Age 31 Year, 2 Months
  • 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 and two months. 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

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1994PLC015138

  • Company No.

    015138

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Jan 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology
Company report

Mips Information Technology Limited

Explore comprehensive data for Mips Information Technology Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Mips Information Technology?

Board Members (3)

NameDesignationAppointment DateStatus
Gurudatta Prabhu Country flag representing In Whole-Time Director 20-Jan-1994Current
Geetha Prabhu Country flag representing In Director 04-Dec-2007Current
Keerthi Kumar Country flag representing In Director 12-Feb-2007Current

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%.

Mips Information Technology revenue growth over time
Mips Information Technology 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
208.21%
Revenue from Operations
208.41%
Total Assets
30.54%
Profit or Loss
335.98%
Net Worth
21.95%
EBITDA
557.60%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.14 Cr

Satisfied Charges

₹0.70 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.14 Cr

Latest Charge Details

DateLenderAmountStatus
19 Jan 2011Canara Bank₹1.40 MOpen
13 May 2009Canara Bank₹1.00 MSatisfied
27 Jan 2000Canara Bank₹3.00 MSatisfied
27 Jan 2000Canara Bank₹3.00 MSatisfied

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.

Employee growth trends for Mips Information Technology Limited

Deals i

Graph showing company valuation over time

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

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 Mips Information Technology

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Mips Information Technology Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge registered on 13 May 2009 via Charge ID 10163693 with Canara Bank was fully satisfied on 23 Oct 2014.

  • Charges

    A charge registered on 27 Jan 2000 via Charge ID 90197683 with Canara Bank was fully satisfied on 23 Oct 2014.

  • Charges

    A charge registered on 27 Jan 2000 via Charge ID 90199302 with Canara Bank was fully satisfied on 23 Oct 2014.

  • Charges

    A charge with Canara Bank amounted to Rs. 0.14 Cr with Charge ID 10265531 was registered on 19 Jan 2011.

Frequently asked questions

  • What is the Incorporation or founding date of Mips Information Technology Limited?

    Mips Information Technology Limited was incorporated on 20 Jan 1994.

  • What is authorized share capital and paid-up capital of Mips Information Technology Limited?

    The authorized share capital of Mips Information Technology Limited is ₹ 2.50 Cr and paid-up capital is ₹ 1.13 Cr.

  • Who are the current board members & directors of Mips Information Technology Limited?

    Currently 3 directors are associated with Mips Information Technology Limited.

    • Geetha Gurudatta Prabhu
    • Gurudatta M Prabhu
    • Keerthi Kumar

  • What is the registered address of Mips Information Technology Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mips Information Technology Limited is 313A 2Nd Floordr Siddaiah Puranik Road 3Rd Stage 4Th Block, Basaveshwarnagar India, Bangalore, Karnataka, 560079.

  • What is the corporate identification number (CIN) and company number of Mips Information Technology Limited?

    The corporate identification number (CIN) of Mips Information Technology Limited is U85110KA1994PLC015138 and the company number is 015138 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mips Information Technology Limited?

    The Official website of Mips Information Technology Limited is https://www.mipsoft.com

  • What has been the recent revenue trend for Mips Information Technology Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Mips Information Technology Limited has risen by 208.21%.

  • How many employees does Mips Information Technology Limited currently have?

    As Per 2022 financial reports, 9 employees are currently employed by Mips Information Technology Limited.

  • What change has been observed in the net worth of Mips Information Technology Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Mips Information Technology Limited has experienced an upsurge of 21.95%.

  • What are the total open charges for Mips Information Technology Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Mips Information Technology Limited amount to ₹ 1.40 M.

  • When was the last Balance Sheet of Mips Information Technology Limited filed with the ROC?

    The most recent Balance Sheet for Mips Information Technology Limited was filed with the ROC on 31 Mar 2024.

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