About Siae Microelettronica India Private Limited
Data last updated:
Siae Microelettronica India Private Limited is a private limited company based in Thane, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the telecom equipment and tech solutions segment of the telecommunications sector. It was incorporated on 28 September 2007.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U32109MH2007PTC174617. Its GSTIN is 27AALCS5898Q1Z0 (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹8.65 Lakh. It is led by directors including Ashish Kumar (Managing Director) and Giovanni Mascetti.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹96.54 Lakh, a decline of 14% compared to the previous year. For the same year it recorded a net loss of ₹1.71 Cr (net margin -177.1%) and EBITDA of -₹1.7 Cr (EBITDA margin -175.6%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 14% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Siae Microelettronica.
The last known website on record is siaemic.com.
Company details
Contact details
Siae Microelettronica India Private Limited's registered office is in Thane, Maharashtra. Its website is siaemic.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressOffice No 318 C Wing Shanti Shopping Center Opp Mira Road Railway Station Mira Road, (E), Thane, Maharashtra, India – 401107
- IndustryTelecom, Telecom Equipment & Tech Solutions
To see the full contact details of Siae Microelettronica India Private Limited, buy the company report.
- 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
Brands
Siae Microelettronica India operates one associated brand: Siae Microelettronica. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Wireless backhaul and microwave equipment are provided for telecommunications. | siaemic.com |
Business activity
The main business activity of Siae Microelettronica India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Siae Microelettronica India Private Limited, buy the company report.
Financials of Siae Microelettronica India Private Limited
FY 2022 filings availableSiae Microelettronica India Private Limited reported revenue of ₹96.54 Lakh (down 14% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 14% fall 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | -₹1.7 Cr | ||||
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| Net Profit (PAT) | -₹1.71 Cr | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | -175.6% | ||||
| Net Profit Margin | -177.1% | ||||
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To see the full financial statements and ratios of Siae Microelettronica India Private Limited, buy the company report.
Board of directors of Siae Microelettronica India Private Limited
Siae Microelettronica India has 5 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Giovanni Mascetti | Director | 29 Feb 2008 | 18 Years 8 Months | As last reported |
| Alberto Mascetti | Director | 29 Feb 2008 | 18 Years 8 Months | As last reported |
| Enrico Mascetti | Director | 29 Feb 2008 | 18 Years 8 Months | As last reported |
| Ashish Kumar | Managing Director | 02 Feb 2015 | 11 Years 8 Months | As last reported |
| Ruchi Mathur Also directs: Aks Continental Business India Private Limited | Additional Director | 30 Apr 2015 | 11 Years 6 Months | As last reported |
Auditor
Siae Microelettronica India Private Limited is audited by P S V JAIN & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P S V JAIN & ASSOCIATES | FY 2021 | 131505W |
Shareholding
The shareholding of Siae Microelettronica India Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Siae Microelettronica India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Siae Microelettronica India 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 Siae Microelettronica India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Siae Microelettronica India Private Limited has a workforce of 2 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Siae Microelettronica India has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCS5898Q1Z0 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Siae Microelettronica India Private Limited, buy the company report.
Recent activity
Siae Microelettronica India Private Limited has 15 board changes on record since 2008: 5 appointments and 10 cessations. The latest: Ruchi Mathur ceased to be Additional Director on 01 Sep 2022.
6 earlier events are in the company report.
News
Frequently asked questions
Siae Microelettronica India is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Siae Microelettronica India is a company under liquidation, formerly operating as a private limited company based in Thane, Maharashtra, India. The company works in telecom equipment and tech solutions, within the telecom industry. It was incorporated on 28 September 2007 and is registered under CIN U32109MH2007PTC174617. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Siae Microelettronica India has 5 current directors:
- Ashish Kumar - Managing Director
- Giovanni Mascetti - Director
- Alberto Mascetti - Director
- Enrico Mascetti - Director
- Ruchi Mathur - Additional Director
The latest financial statements of Siae Microelettronica India on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Siae Microelettronica India is U32109MH2007PTC174617. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Siae Microelettronica India was incorporated on 28 September 2007. It is registered with the Registrar of Companies, Mumbai.
Ruchi Mathur ceased to be Additional Director on 01 Sep 2022. Ashish Kumar ceased to be Additional Director on 15 Jun 2015. Ruchi Mathur was appointed as Additional Director on 30 Apr 2015. Siae Microelettronica India has 15 board changes on record in total.
Siae Microelettronica India can be reached through the website siaemic.com. Its registered office is in Thane, Maharashtra, India.
The registered office of Siae Microelettronica India is at Office No 318 C Wing Shanti Shopping Center Opp Mira Road Railway Station Mira Road, E, Thane, Maharashtra, India – 401107.
The GSTIN of Siae Microelettronica India is 27AALCS5898Q1Z0, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
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