Moretech Solutions Private Limited

IT hardware trading company specializing in Dell products, established in 2014.

2014 | Jaipur, Rajasthan (India) | Active
Last Updated: December 22, 2024

Moretech Solutions Profile

Key Indicators

  • Authorised Capital ₹ 2.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 10 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.50 Cr
  • Revenue Growth -12.53%
  • Profit Growth -238.67%
  • Ebitda -1837.07%
  • Net Worth -23.57%
  • Total Assets -2.68%

About Moretech Solutions

Moretech Solutions Private Limited (MSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 October 2014 and has a history of Ten years and three months. Its registered office is in Jaipur, Rajasthan, 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 2.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹1.50 Cr.

Ashi Jain and Rishabh Mittal serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U72900RJ2014PTC046433

  • Company No.

    046433

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Oct 2014

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Information Technology

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

Board Members (2)

Name Designation Appointment Date Status
Rishabh Mittal Country flag representing In Director 31-Dec-2020 Current
Ashi Jain Country flag representing In Whole-Time Director 22-Oct-2014 Current

Financial Performance of Moretech Solutions.

Moretech Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.53% decrease. The company also saw a substantial fall in profitability, with a 238.67% decrease in profit. The company's net worth observed a substantial decline by a decrease of 23.57%.

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
-12.53%
Revenue from Operations
-12.57%
Total Assets
-2.68%
Profit or Loss
-238.67%
Net Worth
-23.57%
EBITDA
-1837.07%

What is the Ownership and Shareholding Structure of Moretech Solutions?

Unlock access to Moretech Solutions's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 1.50 Cr

Latest Charge Details

Date Lender Amount Status
30 Jan 2015 Axis Bank Limited ₹1.50 Cr Open

How Many Employees Work at Moretech Solutions?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Moretech 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 Moretech 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 Moretech Solutions

Recent activity within the organization

  • Annual General Meeting

    Moretech Solutions Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

    26 Sep 2024

  • Balance Sheet

    Moretech Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 15.00 M registered on 30 Jan 2015 with Charge ID 10549895 was modified on 03 Nov 2022.

    03 Nov 2022

  • Director Appointment

    Rishabh Mittal was appointed as a Director was appointed as a Director on 31 Dec 2020 & has been associated with this company since 4 years 1 month .

    31 Dec 2020

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 15.00 M with Charge ID 10549895 was registered on 30 Jan 2015.

    30 Jan 2015

  • Director Appointment

    Ashi Jain was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 22 Oct 2014 & has been associated with this company since 10 years 3 months .

    22 Oct 2014

Frequently asked questions

  • Moretech Solutions Private Limited was incorporated on 22 Oct 2014.

  • The authorized share capital of Moretech Solutions Private Limited is ₹ 2.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Moretech Solutions Private Limited.

    • Ashi Jain
    • Rishabh Mittal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Moretech Solutions Private Limited is B-5 B-6 Shivgyan Avenue Plot No. 2 Yudhishthar Marg, C-Scheme India, Jaipur, Rajasthan, 302005.

  • The corporate identification number (CIN) of Moretech Solutions Private Limited is U72900RJ2014PTC046433 and the company number is 046433 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Moretech Solutions Private Limited is https://www.moretech-solutions-pvt-ltd.business.site

  • According to the financial reports for the fiscal year 2023, the revenue trend for Moretech Solutions Private Limited has fallen by -12.53%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Moretech Solutions Private Limited has experienced an downturn of -23.57%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Moretech Solutions Private Limited amount to ₹ 1.50 Cr.

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

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