M-Tech Innovations Profile
Key Indicators
- Authorised Capital ₹ 9.75 Cr
- Paid Up Capital ₹ 7.34 Cr
- Company Age 33 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 87.14 Cr
- Satisfied Charges ₹ 17.82 Cr
- Revenue Growth 60.55%
- Profit Growth 235.01%
- Ebitda 40.00%
- Net Worth 12.33%
- Total Assets -8.59%
About M-Tech Innovations
M-Tech Innovations Limited (MIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 February 1992 and has a history of 33 years and one month. Its registered office is in Pune, Maharashtra, India.
The Corporate was formerly known as M-Tech Innovations Private 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 9.75 Cr and a paid-up capital of Rs 7.34 Cr.
The company currently has active open charges totaling ₹87.14 Cr. The company has closed loans amounting to ₹17.82 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at M-Tech Innovations Limited India is Yogita Rathi as COMPANY SECRETARY. Rajkumar Gandhi, Sudha Bhushan, Swapnil Gandhi, and Two other members serve as directors at the Company.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U45402PN1992PLC065521
- Company No.
065521
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 Feb 1992
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Information Technology
What products or services does M-Tech Innovations Limited offer?
M-Tech Innovations Limited offers a wide range of products and services, including Computer and Mobile Softwares & Apps, Asset Management Software, Electric Circuit Components & Spares, Membrane Keypad, Biometrics & Access Control Devices, Access Control Reader, RFID, Smart Cards, Card Readers, School Management Software.
M-Tech Innovations Limited
Explore comprehensive data for M-Tech Innovations Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at M-Tech Innovations?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vijaykumar Gandhi  | Managing Director | 20-Feb-1992 | Current |
| Yogita Rathi | Company Secretary | 12-Jul-2024 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Swapnil Gandhi | Director | 18-Feb-2017 | Current |
| Rajkumar Gandhi | Director | 06-Aug-2019 | Current |
| Sudha Bhushan | Director | 04-Sep-2024 | Current |
| Sanjay Gandhi | Director | 18-Feb-2017 | Current |
Financial Performance of M-Tech Innovations.
M-Tech Innovations Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 60.55% increase. The company also saw a substantial improvement in profitability, with a 235.01% increase in profit. The company's net worth Soared by an impressive increase of 12.33%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of M-Tech Innovations?
In 2022, M-Tech Innovations had a promoter holding of 33.48% and a public holding of 66.52%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
Open Charges
₹87.14 Cr
Satisfied Charges
₹17.82 Cr
Charges Breakdown by Lending Institutions
- Others : 61.54 Cr
- State Bank Of India : 22.90 Cr
- Sidbi : 1.78 Cr
- Tata Capital Financial Services Limited : 0.82 Cr
- Hdfc Bank Limited : 0.11 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Aug 2024 | Others | ₹1.50 Cr | Open |
| 19 Jun 2024 | Sidbi | ₹1.78 Cr | Open |
| 29 Feb 2024 | Others | ₹2.25 Cr | Open |
| 29 Feb 2024 | Others | ₹1.16 Cr | Open |
| 29 Feb 2024 | Others | ₹2.82 Cr | Open |
How Many Employees Work at M-Tech Innovations?
M-Tech Innovations has a workforce of 708 employees as of Apr 06, 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 M-Tech Innovations, 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 M-Tech Innovations'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.
Latest Updates, News, and FAQs on M-Tech Innovations
Recent activity within the organization
- Charges
A charge registered on 14 Oct 2020 via Charge ID 100381394 with State Bank Of India was fully satisfied on 03 Oct 2024.
- Annual General Meeting
M-Tech Innovations Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Sudha Bhushan was appointed as a Director was appointed as a Director on 04 Sep 2024 & has been associated with this company since 7 months 6 days .
- Charges
A charge with Others of Rs. 2.25 Cr registered on 29 Feb 2024 with Charge ID 100899311 was modified on 27 Aug 2024.
- Charges
A charge with Others of Rs. 1.16 Cr registered on 29 Feb 2024 with Charge ID 100899328 was modified on 27 Aug 2024.
- Charges
A charge with Others of Rs. 2.82 Cr registered on 29 Feb 2024 with Charge ID 100899337 was modified on 27 Aug 2024.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of M-Tech Innovations Limited?
M-Tech Innovations Limited was incorporated on 20 Feb 1992.
What is authorized share capital and paid-up capital of M-Tech Innovations Limited?
The authorized share capital of M-Tech Innovations Limited is ₹ 9.75 Cr and paid-up capital is ₹ 7.34 Cr.
Who are the current board members & directors of M-Tech Innovations Limited?
Currently 6 directors are associated with M-Tech Innovations Limited.
- Rajkumar Milapchand Gandhi
- Sudha Bhushan
- Swapnil Vinod Gandhi
- Sanjay Milapchand Gandhi
- Yogita Kedar Rathi
- Vijaykumar Milapchand Gandhi
What is the registered address of M-Tech Innovations Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of M-Tech Innovations Limited is Plot No. P-1/2 Rajiv Gandhi Infotech Park Phase - I Hinjewadi, India, Pune, Maharashtra, 411057.
What is the corporate identification number (CIN) and company number of M-Tech Innovations Limited?
The corporate identification number (CIN) of M-Tech Innovations Limited is U45402PN1992PLC065521 and the company number is 065521 as per Ministry of Corporate Affairs (MCA).
What is the official website of M-Tech Innovations Limited?
The Official website of M-Tech Innovations Limited is https://www.m-techindia.com
What has been the recent revenue trend for M-Tech Innovations Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for M-Tech Innovations Limited has risen by 60.55%.
How many employees does M-Tech Innovations Limited currently have?
As Per 2022 financial reports, 708 employees are currently employed by M-Tech Innovations Limited.
What change has been observed in the net worth of M-Tech Innovations Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of M-Tech Innovations Limited has experienced an upsurge of 12.33%.
What are the total open charges for M-Tech Innovations Limited?
As per the financial statements for fiscal Year 2022, The total open charges for M-Tech Innovations Limited amount to ₹ 87.14 Cr.
When was the last Balance Sheet of M-Tech Innovations Limited filed with the ROC?
The most recent Balance Sheet for M-Tech Innovations Limited was filed with the ROC on 31 Mar 2024.
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