M-Tech Innovations Profile
Key Indicators
- Authorised Capital ₹ 9.75 Cr
- Paid Up Capital ₹ 7.34 Cr
- Company Age 32 Year, 11 Months
- 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 32 years and 11 months. 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
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Location
Pune, Maharashtra, 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
U45402PN1992PLC065521
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Company No.
065521
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
20 Feb 1992
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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 Pune
Industry
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.
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 |
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Rajkumar Gandhi
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Director | 06-Aug-2019 | Current |
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Sudha Bhushan
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Director | 04-Sep-2024 | Current |
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Sanjay Gandhi
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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%.
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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.
Related Corporates (Common Directorship)
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Jnk India LimitedSudha Bhushan is a mutual person
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West Coast Paper Mills LimitedSudha Bhushan is a mutual person
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Choice International LimitedSudha Bhushan is a mutual person
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Matix Fertilisers And Chemicals LimitedSudha Bhushan is a mutual person
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Digjam LimitedSudha Bhushan is a mutual person
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Aurionpro Solutions LimitedSudha Bhushan is a mutual person
Charges (Loans)
₹87.14 Cr
₹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.
