
About M. N. Shetty Technologies Private Limited
Data last updated:
M. N. Shetty Technologies Private Limited is a private limited company based in Kundapura, Karnataka, India, recognised as a startup by DPIIT. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 17 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2017PTC104744. Its GSTIN is 29AALCM2048J1Z4 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Dilip Ramachandra Adiga and Hrishikesh Menon.
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 Door No 14 – 288 Dharma Jyothi House Gantihole Bijoor, Kundapura, Karnataka, India – 576232.
As per MCA filings, the company has satisfied charges of ₹34.5 Lakh on record.
M. N. Shetty Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-26-0003863). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mnshettytech.com.
Company details
Recognitions & Rankings of M. N. Shetty Technologies
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-26-0003863
Contact details
M. N. Shetty Technologies Private Limited's registered office is in Kundapura, Karnataka. Its website is mnshettytech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressDoor No 14 – 288 Dharma Jyothi House Gantihole Bijoor, Kundapura, Karnataka, India – 576232
- IndustryInformation Technology, Web Design & Maintenance Services
To see the full contact details of M. N. Shetty Technologies 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
Financials of M. N. Shetty Technologies Private Limited
FY 2025 filings availableM. N. Shetty Technologies Private Limited reported revenue of ₹9,000 for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 68% over five years. 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 |
|---|---|---|---|---|---|
| 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 | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 | |||||
To see the full financial statements and ratios of M. N. Shetty Technologies Private Limited, buy the company report.
Board of directors of M. N. Shetty Technologies Private Limited
M. N. Shetty Technologies has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hrishikesh Menon | Additional Director | 01 Oct 2019 | 7 Years 0 Months | Current |
| Sanju Puliyankalath Also directs: Luculent Technologies Private Limited | Additional Director | 01 Oct 2019 | 7 Years 0 Months | Current |
| Dilip Ramachandra Adiga | Director | 01 Mar 2018 | 8 Years 7 Months | Current |
Auditor
M. N. Shetty Technologies Private Limited is audited by SHABBIR AND GANESH for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHABBIR AND GANESH | FY 2020 | 009033S |
Shareholding
The shareholding of M. N. Shetty Technologies Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of M. N. Shetty Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jul 2018 | 100196931 | Karnataka Bank Ltd. | ₹34.5 Lakh | Satisfied |
To see the full charge records of M. N. Shetty Technologies Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving M. N. Shetty Technologies 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 M. N. Shetty Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
M. N. Shetty Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCM2048J1Z4 | Karnataka | Active | 18 Jun 2018 |
To see the full GST registrations and return filing status of M. N. Shetty Technologies Private Limited, buy the company report.
Recent activity
M. N. Shetty Technologies Private Limited has 6 board changes on record since 2018: 3 appointments and 3 cessations. The latest: Gantihole Manjunath Shetty ceased to be Director on 13 Feb 2023.
Frequently asked questions
M. N. Shetty Technologies is an active private limited company based in Kundapura, Karnataka, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 17 July 2017 (9+ years old) and is registered under CIN U72900KA2017PTC104744.
M. N. Shetty Technologies has 3 current directors:
- Hrishikesh Menon - Additional Director
- Sanju Puliyankalath - Additional Director
- Dilip Ramachandra Adiga - Director
The latest financial statements of M. N. Shetty Technologies 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 FY 2018 are in the company report.
The GSTIN of M. N. Shetty Technologies is 29AALCM2048J1Z4, registered in Karnataka.
The CIN (Corporate Identification Number) of M. N. Shetty Technologies is U72900KA2017PTC104744. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M. N. Shetty Technologies was incorporated on 17 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Gantihole Manjunath Shetty ceased to be Director on 13 Feb 2023. Niketh Shetty Uppunda ceased to be Managing Director on 13 Feb 2023. Hrishikesh Menon was appointed as Additional Director on 01 Oct 2019. M. N. Shetty Technologies has 6 board changes on record in total.
Yes, M. N. Shetty Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, M. N. Shetty Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-26-0003863).
M. N. Shetty Technologies can be reached through the website mnshettytech.com. Its registered office is in Kundapura, Karnataka, India.

