MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0203819
IT Mines Technology Private Limited - information technology in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.23 Cr
▼ 32% YoY
Net profit · FY 2025
₹1.16 Lakh
Net margin 0.9%
EBITDA · FY 2025
₹10.28 Lakh
EBITDA margin 8.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹6.56 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Employees · EPFO
4
Provident fund records
Directors on board
3
As per MCA filings
About IT Mines Technology Private Limited
Data last updated:
IT Mines Technology Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 31 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2011PTC218084. Its GSTIN is 27AACCI6356A1ZT (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.56 Lakh. It is led by directors including Murtuza Saifuddin Nagaria and Aliasgar Saifuddin Nagaria.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Awfis Bhairav Milestone 1st Floor, Nehru Nagar Wagle Industrial Estate Thane, Maharashtra, India – 400604.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.23 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹1.16 Lakh (net margin 0.9%) and EBITDA of ₹10.28 Lakh (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 2% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: IT Mines.
IT Mines Technology Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0203819). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website itmines.com.
Company details
CIN U72900MH2011PTC218084
Registration Number 218084
Incorporation Date 31 May 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0203819
Key People
Murtuza Saifuddin Nagaria Director Aliasgar Saifuddin Nagaria Additional Director Zoher Hatimbhai Morbiwala Additional Director Recognitions & Rankings of IT Mines Technology
Contact details
IT Mines Technology Private Limited's registered office is in Thane, Maharashtra. Its website is itmines.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAwfis Bhairav Milestone 1st Floor, Nehru Nagar Wagle Industrial Estate Thane, Maharashtra, India – 400604
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
To see the full contact details of IT Mines Technology Private Limited, buy the company report.
Comprehensive company report
IT Mines Technology Private Limited - one report that includes everything
- 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
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Brands
IT Mines Technology operates one associated brand: IT Mines. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Technology solutions for capital markets, BFSI, and client on-boarding services. | itmines.com |
Business activity
The main business activity of IT Mines Technology is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of IT Mines Technology Private Limited, buy the company report.
Financials of IT Mines Technology Private Limited
FY 2025 filings availableIT Mines Technology Private Limited reported revenue of ₹1.23 Cr (down 32% YoY) for FY 2025.
Revenue · FY 2025
₹1.23 Cr ▼ 32%
Net profit · FY 2025
₹1.16 Lakh margin 0.9%
EBITDA · FY 2025
₹10.28 Lakh margin 8.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 32%
3 years · compounded
▼ 6%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▼ 14%
5 years · compounded
▲ 34%
Revenue fell 32% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA rose 5% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹10.28 Lakh | ||||
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| Net Profit (PAT) | ₹1.16 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 8.4% | ||||
| Net Profit Margin | 0.9% | ||||
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To see the full financial statements and ratios of IT Mines Technology Private Limited, buy the company report.
Board of directors of IT Mines Technology Private Limited
IT Mines Technology has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Murtuza Saifuddin Nagaria Also directs: Wishify Ecommerce Solutions LLP, Deseo Fintech Private Limited | Director | 31 May 2011 | 15 Years 4 Months | Current |
| Aliasgar Saifuddin Nagaria Also directs: Blue Feather Hotels LLP | Additional Director | 27 Apr 2013 | 13 Years 5 Months | Current |
| Zoher Hatimbhai Morbiwala Also directs: Wishify Ecommerce Solutions LLP | Additional Director | 06 May 2019 | 7 Years 5 Months | Current |
Auditor
IT Mines Technology Private Limited is audited by GANATRA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GANATRA & CO | FY 2023 | 100800 |
Shareholding
The shareholding of IT Mines Technology Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of IT Mines Technology Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving IT Mines Technology Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for IT Mines Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
IT Mines Technology Private Limited has a workforce of 4 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
Employee count
4
Active EPFO establishments
1
Employee growth
100%
GST
IT Mines Technology has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCI6356A1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of IT Mines Technology Private Limited, buy the company report.
Recent activity
IT Mines Technology Private Limited has 6 board changes on record since 2011: 3 appointments and 3 cessations. The latest: Zoher Hatimbhai Morbiwala was appointed as Additional Director on 06 May 2019.
AGM
It Mines Technology Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
It Mines Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Appointed
Zoher Hatimbhai Morbiwala was appointed as Additional Director.
Ceased
Keyur Rameshchandra Shah ceased to be Director.
Appointed
Aliasgar Saifuddin Nagaria was appointed as Additional Director.
Ceased
Anita Shadeo Shedge ceased to be Director.
Ceased
Sunil Thamban ceased to be Additional Director.
Appointed
Murtuza Saifuddin Nagaria was appointed as Director.
Incorporation
31 May 2011
It Mines Technology Private Limited was registered on 31 May 2011 with Roc Mumbai Ii & aged 15 years 4 months as per MCA records.
Frequently asked questions
IT Mines Technology is an active private limited company based in Thane, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 31 May 2011 (15+ years old) and is registered under CIN U72900MH2011PTC218084.
IT Mines Technology has 3 current directors:
- Murtuza Saifuddin Nagaria - Director
- Aliasgar Saifuddin Nagaria - Additional Director
- Zoher Hatimbhai Morbiwala - Additional Director
The latest financial statements of IT Mines Technology on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of IT Mines Technology is 27AACCI6356A1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of IT Mines Technology is U72900MH2011PTC218084. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
IT Mines Technology was incorporated on 31 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Zoher Hatimbhai Morbiwala was appointed as Additional Director on 06 May 2019. Keyur Rameshchandra Shah ceased to be Director on 02 May 2013. Aliasgar Saifuddin Nagaria was appointed as Additional Director on 27 Apr 2013. IT Mines Technology has 6 board changes on record in total.
Yes, IT Mines Technology is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0203819).
IT Mines Technology can be reached through the website itmines.com. Its registered office is in Thane, Maharashtra, India.
The registered office of IT Mines Technology is at Awfis Bhairav Milestone 1st Floor, Nehru Nagar Wagle Industrial Estate Thane, Maharashtra, India – 400604.