Maalola IT Solutions Private Limited

Maalola IT Solutions Private Limited - software in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
CIN U72200TN2018PTC122166 Incorporated 17 April 2018 ROC Chennai HQ Chennai, Tamil Nadu, India
Struck Off Private Limited Company software
Data last updated
Revenue · FY 2020
₹20,000
▼ 89% YoY
Net loss · FY 2020
₹7,277
Net margin -36.4%
EBITDA · FY 2020
₹7,000
EBITDA margin 35%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
GST registrations
1
None active

About Maalola IT Solutions Private Limited

Data last updated:

Maalola IT Solutions Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the software development and IT solutions segment of the software and technology sector. It was incorporated on 17 April 2018.

The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2018PTC122166. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Murgiah Mahendran (Managing Director) and Laxmi Dharani.

Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Ground Floor Plot No.53 Veerappa Nagar Alwarthirunagar Valasarawakkam, Chennai, Tamil Nadu, India – 600087.

As per the financials filed for FY 2020, the company reported a revenue of ₹20,000, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹7,277 (net margin -36.4%) and EBITDA of ₹7,000 (EBITDA margin 35%).

The last known website on record is maalolainfotech.com.

Company details

CIN U72200TN2018PTC122166
Registration Number 122166
Incorporation Date 17 April 2018
ROC Chennai
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020

Contact details

Maalola IT Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is maalolainfotech.com. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Ground Floor Plot No.53 Veerappa Nagar Alwarthirunagar Valasarawakkam, Chennai, Tamil Nadu, India – 600087
  • Industry
    Software, Software Development, Software Publishing

To see the full contact details of Maalola IT Solutions Private Limited, buy the company report.

Comprehensive company report
Maalola IT Solutions 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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Business activity

The main business activity of Maalola IT Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.

To see the full business activity and turnover split of Maalola IT Solutions Private Limited, buy the company report.

Financials of Maalola IT Solutions Private Limited

FY 2020 filings available

Maalola IT Solutions Private Limited reported revenue of ₹20,000 (down 89% YoY) for FY 2020.

Revenue · FY 2020
₹20,000 ▼ 89%
Net loss · FY 2020
₹7,277 margin -36.4%
EBITDA · FY 2020
₹7,000 margin 35%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 89%
EBITDA CAGR growth
1 year
▼ 88%

Revenue fell 89% in the latest year. EBITDA fell 88% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations₹20,000
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹7,000
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹7,277
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

MetricsFY 2019-20FY 2018-19
Profitability
EBITDA Margin35%
Net Profit Margin-36.4%
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 Maalola IT Solutions Private Limited, buy the company report.

Board of directors of Maalola IT Solutions Private Limited

Maalola IT Solutions has 2 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Murgiah MahendranManaging Director17 Apr 20188 Years 6 MonthsAs last reported
Laxmi DharaniDirector17 Apr 20188 Years 6 MonthsAs last reported

Peer comparison

Maalola IT Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Maalola IT Solutions Private Limitedthis company₹20,000 (FY 2020)-₹7,277-36.4%-89.0%Chennai, Tamil Nadu, India
Infinifour Technologies Private Limited₹20,000 (FY 2022)Gurugram, Haryana, India
Altimax Enterprises (India) Private Limited₹20,000 (FY 2016)Mumbai, Maharashtra, India
Metadot Technologies Private Limited₹20,000 (FY 2025)-98.0%Bengaluru, Karnataka, India
Fractalsoft Technologies Private Limited₹20,000 (FY 2019)Cherthala, Kerala, India
Bit Software Solutions Private Limited₹20,000 (FY 2022)-87.0%Ongole, Andhra Pradesh, India
Cube Online Solutions Private Limited₹19,814 (FY 2018)50.0%Bangalore, Karnataka, India
Domnod Software Private Limited₹19,800 (FY 2017)Bangalore, Karnataka, India
Updreams Software Technologies Private Limited₹19,773 (FY 2022)-22.0%Hyderabad, Telangana, India
Dwivedi IT Solutions Private Limited₹19,655 (FY 2020)-99.0%Sahibabad, Uttar Pradesh, India
Oxzer Software Labs Private Limited₹19,600 (FY 2024)17.0%New Delhi, Delhi, India

To see the full peer comparison of Maalola IT Solutions Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Maalola IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Maalola IT Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Maalola IT Solutions Private Limited, buy the company report.

Recent activity

Maalola IT Solutions Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Laxmi Dharani was appointed as Director on 17 Apr 2018.

AGM
Maalola It Solutions Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Filing
Maalola It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Chennai.
Appointed
Laxmi Dharani was appointed as Director.
Appointed
Murgiah Mahendran was appointed as Managing Director.
Incorporation
17 Apr 2018
Maalola It Solutions Private Limited was registered on 17 Apr 2018 with Roc Chennai & aged 8 years 6 months as per MCA records.

Frequently asked questions

Maalola IT Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Maalola IT Solutions was a private limited company based in Chennai, Tamil Nadu, India. The company worked in software development, within the software industry. It was incorporated on 17 April 2018 and is registered under CIN U72200TN2018PTC122166. The company has been struck off by the Registrar of Companies and is no longer operational.

Maalola IT Solutions had 2 directors:

The CIN (Corporate Identification Number) of Maalola IT Solutions is U72200TN2018PTC122166. 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 Maalola IT Solutions is at Ground Floor Plot No.53 Veerappa Nagar Alwarthirunagar Valasarawakkam, Chennai, Tamil Nadu, India – 600087.

Maalola IT Solutions was incorporated on 17 April 2018. It is registered with the Registrar of Companies, Chennai.

Maalola IT Solutions can be reached through the website maalolainfotech.com. Its registered office is in Chennai, Tamil Nadu, India.

The latest financial statements of Maalola IT Solutions on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2019 are in the company report.

No. Maalola IT Solutions has 1 GST registration on record and it is cancelled or inactive.

Maalola IT Solutions operated in the software industry, in the software development segment. It worked in this industry before it was struck off.

The peers of Maalola IT Solutions by revenue are Infinifour Technologies Private Limited, Altimax Enterprises (India) Private Limited, Metadot Technologies Private Limited, Fractalsoft Technologies Private Limited, Bit Software Solutions Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).