Mahalakshmi Technologies Private Limited

Mahalakshmi Technologies Private Limited - consumer electronics & durables in Tumkur, Karnataka, India. Directors, charges & compliance details.
CIN U72200KA2008PTC048499 Incorporated 03 December 2008 ROC Bangalore HQ Tumkur, Karnataka, India
Struck Off Private Limited Company consumer electronics and durables
Data last updated
Revenue · FY 2018
₹2.17 Lakh
▼ 99% YoY
Net loss · FY 2018
₹4.18 Lakh
Net margin -192.7%
EBITDA · FY 2018
-₹4.47 Lakh
EBITDA margin -206.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹9.3 Lakh
Issued & subscribed
Satisfied charges
₹10 Lakh
No open charges
Company age
18 yrs
Est. 2008
Directors on board
2
As per MCA filings

About Mahalakshmi Technologies Private Limited

Data last updated:

Mahalakshmi Technologies Private Limited was a private limited company based in Tumkur, Karnataka, 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 electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 03 December 2008.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2008PTC048499. The company has 2 GST registrations on record, none of which is active.

The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.3 Lakh. It was led by directors Madhuri Pareek Suresh and Suresh Pareek Kumar.

Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Tumkur, Karnataka.

As per the financials filed for FY 2018, the company reported a revenue of ₹2.17 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹4.18 Lakh (net margin -192.7%) and EBITDA of -₹4.47 Lakh (EBITDA margin -206.2%). Revenue has declined at a compounded annual rate (CAGR) of 82% over three years.

As per MCA filings, the company had satisfied charges of ₹10 Lakh on record.

Company Details of Mahalakshmi Technologies Private Limited
CIN U72200KA2008PTC048499
Registration Number 048499
Incorporation Date 03 December 2008
ROC Bangalore
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 28 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    No.2689/3116/8/1200 4th Floor Mahalakshmi Central B.H.Road Ashok Nag, Ar, Tumkur, Karnataka, India – 572102
  • Industry
    Consumer Electronics & Durables, Electronic Appliances Retail & Distribution
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Financials, compliance, directors, charges, ownership and filings for Mahalakshmi Technologies Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Mahalakshmi Technologies Private Limited FY 2018 filings available

Mahalakshmi Technologies Private Limited reported revenue of ₹2.17 Lakh (down 99% YoY) for FY 2018.

Revenue · FY 2018
₹2.17 Lakh ▼ 99%
Net loss · FY 2018
₹4.18 Lakh margin -192.7%
EBITDA · FY 2018
-₹4.47 Lakh margin -206.2%

Compounded Annual Growth Rate (CAGR) of Mahalakshmi Technologies Private Limited

Revenue CAGR growth
1 year
▼ 99%
3 years · compounded
▼ 82%
EBITDA CAGR growth
1 year
▼ 221%
3 years · compounded
▼ 33%

Revenue has declined at a compounded annual rate (CAGR) of 82% over three years, including a 99% fall in the latest year. EBITDA fell 221% 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 Mahalakshmi Technologies Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16FY 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-₹4.47 Lakh••••••••••••
Profit Before Tax••••••••••••••••
Tax Expense••••••••••••••••
Net Profit (PAT)-₹4.18 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 Mahalakshmi Technologies Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-206.2%••••••••••••
Net Profit Margin-192.7%••••••••••••
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 Mahalakshmi Technologies are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Board of Directors of Mahalakshmi Technologies Private Limited

Mahalakshmi Technologies has 2 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Madhuri Pareek SureshDirector03 Dec 200817 Years 10 MonthsAs last reported
Suresh Pareek KumarDirector03 Dec 200817 Years 10 MonthsAs last reported

Peer Comparison of Mahalakshmi Technologies Private Limited

Mahalakshmi Technologies Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Starlight Solar Private Limited₹2.2 Lakh (FY 2019)••••••••••••Latur, Maharashtra, India
Ce Distribution House Private Limited₹2.2 Lakh (FY 2025)••••••••-81.0%••••Gwalior, Madhya Pradesh, India
Rifaah Traders Private Limited₹2.2 Lakh (FY 2019)••••••••-85.0%••••Delhi, India
Sukrohi International Limited₹2.18 Lakh (FY 2021)••••••••••••New Delhi, Delhi, India
Amzel Private Limited₹2.17 Lakh (FY 2025)••••••••1739.0%••••Mumbai, Maharashtra, India
Mahalakshmi Technologies Private Limited this company₹2.17 Lakh (FY 2018)••••••••-99.0%••••Tumkur, Karnataka, India
Kva Technologies Private Limited₹2.17 Lakh (FY 2021)••••••••-86.0%••••New Delhi, Delhi, India
Uniway Infocom Private Limited₹2.16 Lakh (FY 2024)••••••••••••Delhi, India
Shree Balaji Hi Life Systems Private Limited₹2.16 Lakh (FY 2021)••••••••27311647.0%••••Jaipur, Rajasthan, India
Digilogic Infosystems Private Limited₹2.14 Lakh (FY 2019)••••••••-90.0%••••New Delhi, Delhi, India
Ultroniq Marketing Private Limited₹2.14 Lakh (FY 2024)••••••••-87.0%••••New Delhi, Delhi, India

Peers are the five companies nearest above and the five nearest below Mahalakshmi Technologies by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), 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 Mahalakshmi Technologies Private Limited

Auditor information for Mahalakshmi Technologies Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.

Ownership and Shareholding of Mahalakshmi Technologies Private Limited

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Shareholding and ownership data

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Charges & Borrowings of Mahalakshmi Technologies Private Limited

Open charges
None
Satisfied charges
₹10 Lakh
Breakdown by lending institutions
Idbi Bank Limited₹0.10 Cr
Latest charge details
DateLenderAmountStatus
31 Jul 2014Idbi Bank Limited₹10 LakhSatisfied

Total charge records: 1 View all charges

Employees and EPFO Compliance at Mahalakshmi Technologies Private Limited

Employment history and EPFO contributions of people linked to Mahalakshmi Technologies.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

  • Monthly headcount
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Recent Activity on Mahalakshmi Technologies Private Limited

Mahalakshmi Technologies Private Limited has 2 board changes on record since 2008: 2 appointments. The latest: Madhuri Pareek Suresh was appointed as Director on 03 Dec 2008.

Charges
A charge registered on 31 Jul 2014 via Charge ID 10516726 with Idbi Bank Limited was fully satisfied on 20 Aug 2019.
AGM
Mahalakshmi Technologies Private Limited last Annual general meeting of members was held on 28 Sep 2018 as per latest MCA records.
Filing
Mahalakshmi Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Bangalore.
Charges
A charge with Idbi Bank Limited amounted to Rs. 10.00 Lakh with Charge ID 10516726 was registered on 31 Jul 2014.
Appointed
Madhuri Pareek Suresh was appointed as Director.
Appointed
Suresh Pareek Kumar was appointed as Director.
Incorporation
03 Dec 2008
Mahalakshmi Technologies Private Limited was registered on 03 Dec 2008 with Roc Bangalore & aged 17 years 10 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Mahalakshmi Technologies Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Mahalakshmi Technologies Private Limited

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Mahalakshmi Technologies Private Limited

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Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

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GST Compliance of Mahalakshmi Technologies Private Limited

Mahalakshmi Technologies has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Mahalakshmi Technologies Private Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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Frequently Asked Questions about Mahalakshmi Technologies Private Limited

Mahalakshmi Technologies 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.

Mahalakshmi Technologies was a private limited company based in Tumkur, Karnataka, India. The company worked in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 03 December 2008 and is registered under CIN U72200KA2008PTC048499. The company has been struck off by the Registrar of Companies and is no longer operational.

Mahalakshmi Technologies had 2 directors:

The CIN (Corporate Identification Number) of Mahalakshmi Technologies is U72200KA2008PTC048499. 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 Mahalakshmi Technologies is at No.2689311681200 4th Floor Mahalakshmi Central B.H.Road Ashok Nag, Ar, Tumkur, Karnataka, India – 572102.

Mahalakshmi Technologies was incorporated on 03 December 2008. It is registered with the Registrar of Companies, Bangalore.

Mahalakshmi Technologies reported revenue of ₹2.17 Lakh for FY 2018 (down 99% YoY).

Mahalakshmi Technologies has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.3 Lakh.

Mahalakshmi Technologies reported a net loss of ₹4.18 Lakh (net margin -192.7%) and EBITDA of -₹4.47 Lakh (EBITDA margin -206.2%) for FY 2018, as per its filed financial statements.

No. Mahalakshmi Technologies has 2 GST registrations on record and all of them are cancelled or inactive.

Mahalakshmi Technologies operated in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment. It worked in this industry before it was struck off.

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