Innovative Micro Systems Private Limited
About Innovative Micro Systems Private Limited
Data last updated:
Innovative Micro Systems Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the computer hardware manufacturing and retail segment of the technology and IT services sector. It was incorporated on 05 September 1985.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U30007MH1985PTC037403.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.01 Lakh. It was led by directors Subhash Vithaldas Udeshi and Bharat Mulraj Udeshi.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 701 Towera Peninsulabusinesspark Senapatibapatmarg Lowerparel(West), Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2018, the company reported a revenue of ₹19.2 Lakh, a decline of 60% compared to the previous year. For the same year it recorded a net profit of ₹19.18 Lakh (net margin 99.9%) and EBITDA of ₹15.39 Lakh (EBITDA margin 80.2%). Revenue has grown at a compounded annual rate (CAGR) of 133% over three years.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address701 Towera Peninsulabusinesspark Senapatibapatmarg Lowerparel(West), Mumbai, Maharashtra, India – 400013
- IndustryInformation Technology, Computer Hardware Manufacturing & Retail
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Innovative Micro Systems Private Limited
The main business activity of Innovative Micro Systems is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Innovative Micro Systems Private Limited FY 2018 filings available
Innovative Micro Systems Private Limited reported revenue of ₹19.2 Lakh (down 60% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Innovative Micro Systems Private Limited
Revenue fell 60% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 133%. EBITDA fell 82% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Innovative Micro Systems Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹15.39 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹19.18 Lakh | •••• | •••• | •••• |
| Balance Sheet | ||||
| Share Capital | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Innovative Micro Systems Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 80.2% | •••• | •••• | •••• |
| Net Profit Margin | 99.9% | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Innovative Micro Systems are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Innovative Micro Systems Private Limited
Innovative Micro Systems Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Computer Hardware). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Altgr Technologies Private Limited | ₹21.83 Lakh (FY 2024) | •••• | •••• | -70.0% | •••• | New Delhi, Delhi, India |
| RTS Micronetworks Private Limited | ₹21.07 Lakh (FY 2025) | •••• | •••• | -6.0% | •••• | Nagpur, Maharashtra, India |
| Agrima Technology Pvt. Ltd. | ₹19.78 Lakh (FY 2025) | •••• | •••• | 323.0% | •••• | Delhi, India |
| Eyedot Technologies Private Limited | ₹19.65 Lakh (FY 2025) | •••• | •••• | -24.0% | •••• | Kolkata, West Bengal, India |
| Floating Infotech Code Private Limited | ₹19.44 Lakh (FY 2024) | •••• | •••• | 1.0% | •••• | Pune, Maharashtra, India |
| Innovative Micro Systems Private Limited this company | ₹19.2 Lakh (FY 2018) | •••• | •••• | -60.0% | •••• | Mumbai, Maharashtra, India |
| Conmentum Industries Private Limited | ₹18.96 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Bangalore, Karnataka, India |
| Canoe Soft Private Limited | ₹17.97 Lakh (FY 2024) | •••• | •••• | •••• | Angara, Jharkhand, India | |
| Flatrox Technosolutions (India) Private Limited | ₹17.4 Lakh (FY 2024) | •••• | •••• | 453.0% | •••• | Ahmedabad, Gujarat, India |
| Cra Infotech Private Limited | ₹17.16 Lakh (FY 2024) | •••• | •••• | 2319.0% | •••• | New Delhi, Delhi, India |
| Brijlaxmi Infotech Limited | ₹16.88 Lakh (FY 2024) | •••• | •••• | -29.0% | •••• | Vadodara, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Innovative Micro Systems by revenue in the Information Technology industry (Computer Hardware), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Innovative Micro Systems Private Limited
Innovative Micro Systems Private Limited is audited by T. P. Ostwal & Associates LLP for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| T. P. Ostwal & Associates LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Innovative Micro Systems Private Limited
Innovative Micro Systems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subhash Vithaldas Udeshi Also directs: Enlite Chemical Industries LLP, Jayant Agro-Organics Limited, Ihsedu Itoh Green Chemicals Marketing Private Limited and 2 more | Director | 18 Mar 2003 | 23 Years 6 Months | As last reported |
| Bharat Mulraj Udeshi | Director | 18 Mar 2003 | 23 Years 6 Months | As last reported |
Ownership and Shareholding of Innovative Micro Systems Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Innovative Micro Systems Private Limited
Innovative Micro Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Innovative Micro Systems Private Limited
Employment history and EPFO contributions of people linked to Innovative Micro Systems.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Innovative Micro Systems Private Limited
Innovative Micro Systems has 1 associated company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
Recent Activity on Innovative Micro Systems Private Limited
Innovative Micro Systems Private Limited has 2 board changes on record since 2003: 2 appointments. The latest: Bharat Mulraj Udeshi was appointed as Director on 18 Mar 2003.
Credit Ratings, Litigation & Regulatory Alerts for Innovative Micro Systems Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Innovative Micro Systems Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Innovative Micro Systems Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Innovative Micro Systems Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Innovative Micro Systems Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Innovative Micro Systems Private Limited
Innovative Micro Systems has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Innovative Micro Systems was a private limited company based in Mumbai, Maharashtra, India. The company worked in computer hardware manufacturing and retail, within the information technology industry. It was incorporated on 05 September 1985 and is registered under CIN U30007MH1985PTC037403. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Innovative Micro Systems was incorporated on 05 September 1985. It is registered with the Registrar of Companies, Mumbai.
Innovative Micro Systems had 2 directors:
- Subhash Vithaldas Udeshi - Director
- Bharat Mulraj Udeshi - Director
The CIN (Corporate Identification Number) of Innovative Micro Systems is U30007MH1985PTC037403. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Innovative Micro Systems is at 701 Towera Peninsulabusinesspark Senapatibapatmarg LowerparelWest, Mumbai, Maharashtra, India – 400013.
Innovative Micro Systems reported revenue of ₹19.2 Lakh for FY 2018 (down 60% YoY).
Innovative Micro Systems has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.01 Lakh.
Innovative Micro Systems reported a net profit of ₹19.18 Lakh (net margin 99.9%) and EBITDA of ₹15.39 Lakh (EBITDA margin 80.2%) for FY 2018, as per its filed financial statements.
Innovative Micro Systems operated in the information technology industry, in the computer hardware manufacturing and retail segment.
The compounded annual growth rate (CAGR) of the revenue of Innovative Micro Systems is 133% over three years. In the latest year (FY 2018) revenue fell 60%. CAGR is the steady yearly rate that links the first and the last year.