MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0015176
Mangrove Integrated Solutions Private Limited - service in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹4.01 Lakh
▼ 80% YoY
Net profit · FY 2023
₹460
Net margin 0.1%
EBITDA · FY 2023
₹2,420
EBITDA margin 0.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Mangrove Integrated Solutions Private Limited
Data last updated:
Mangrove Integrated Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT services segment of the services sector. It was incorporated on 09 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2012PTC063900. Its GSTIN is 29AAHCM9210G1ZD (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Varadaraju Suresh Babu (Managing Director) and Divya Varadaraju.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.01 Lakh, a decline of 80% compared to the previous year. For the same year it recorded a net profit of ₹460 (net margin 0.1%) and EBITDA of ₹2,420 (EBITDA margin 0.6%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 11% over five years.
The company is associated with 1 brand: Mangrove Integrated solutions private Limited.
Mangrove Integrated Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0015176). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mangroveit.com.
Company details
CIN U72900KA2012PTC063900
Registration Number 063900
Incorporation Date 09 May 2012
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0015176
Recognitions & Rankings of Mangrove Integrated Solutions
Contact details
Mangrove Integrated Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is mangroveit.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No 23 3rd Cross Scr Layout Gollahalli Village Anjanapura Jp Nagar 9, Th Phase, Bangalore, Karnataka, India – 560062
- IndustryService, Information Technology Services
To see the full contact details of Mangrove Integrated Solutions Private Limited, buy the company report.
Comprehensive company report
Mangrove Integrated 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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Brands
Mangrove Integrated Solutions operates one associated brand: Mangrove Integrated solutions private Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| System integration services in AV, IT, interior, acoustics, security, and electrical fields are provided in Bangalore. | mangroveit.com |
Business activity
The main business activity of Mangrove Integrated Solutions 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 Mangrove Integrated Solutions Private Limited, buy the company report.
Financials of Mangrove Integrated Solutions Private Limited
FY 2023 filings availableMangrove Integrated Solutions Private Limited reported revenue of ₹4.01 Lakh (down 80% YoY) for FY 2023.
Revenue · FY 2023
₹4.01 Lakh ▼ 80%
Net profit · FY 2023
₹460 margin 0.1%
EBITDA · FY 2023
₹2,420 margin 0.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 80%
3 years · compounded
▼ 18%
5 years · compounded
▼ 11%
EBITDA CAGR growth
1 year
▼ 32%
3 years · compounded
▲ 27%
5 years · compounded
▲ 17%
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 80% fall in the latest year. EBITDA fell 32% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹2,420 | ||||
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| Net Profit (PAT) | ₹460 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.6% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mangrove Integrated Solutions Private Limited, buy the company report.
Board of directors of Mangrove Integrated Solutions Private Limited
Mangrove Integrated Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varadaraju Suresh Babu | Managing Director | 09 May 2012 | 14 Years 5 Months | Current |
| Divya Varadaraju | Director | 09 May 2012 | 14 Years 5 Months | Current |
Peer comparison
Mangrove Integrated Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chapter 3 Technologies Private Limited | ₹4.01 Lakh (FY 2024) | 22.0% | Mumbai, Maharashtra, India | |||
| Adspro Web Services Private Limited | ₹4.01 Lakh (FY 2023) | Ernakulam, Kerala, India | ||||
| Maxit Computers Private Limited | ₹4.01 Lakh (FY 2022) | 2174.0% | Jeypore, Odisha, India | |||
| Yp Solutions Private Limited | ₹4.01 Lakh (FY 2025) | -77.0% | Gautam Budh Nagar, Uttar Pradesh, India | |||
| Zapbiz Online Service Private Limited | ₹4.01 Lakh (FY 2024) | -67.0% | Bangalore, Karnataka, India | |||
| Mangrove Integrated Solutions Private Limitedthis company | ₹4.01 Lakh (FY 2023) | ₹460 | 0.1% | -80.0% | Bangalore, Karnataka, India | |
| A-Zing Innovations (OPC) Private Limited | ₹4.01 Lakh (FY 2024) | -14.0% | Mumbai, Maharashtra, India | |||
| Mohanlal Tailor Master International Private Limited | ₹4.01 Lakh (FY 2024) | Jalaun, Uttar Pradesh, India | ||||
| Sai Infonet Private Limited | ₹4 Lakh (FY 2020) | -23.0% | Shimla Hp, Himachal Pradesh, India | |||
| Tripreneur Software Private Limited | ₹4 Lakh (FY 2022) | -18.0% | Rourkela, Odisha, India | |||
| Gateway Infotech Systems Private Limited | ₹4 Lakh (FY 2018) | 54.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Mangrove Integrated Solutions Private Limited, buy the company report.
Auditor
Mangrove Integrated Solutions Private Limited is audited by P.Balaraju & Co for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.Balaraju & Co | FY 2017 | 015348S |
Shareholding
The shareholding of Mangrove Integrated Solutions Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mangrove Integrated Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mangrove Integrated Solutions 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 Mangrove Integrated Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mangrove Integrated Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCM9210G1ZD | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mangrove Integrated Solutions Private Limited, buy the company report.
Recent activity
Mangrove Integrated Solutions Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Divya Varadaraju was appointed as Director on 09 May 2012.
AGM
Mangrove Integrated Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Mangrove Integrated Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Appointed
Divya Varadaraju was appointed as Director.
Appointed
Varadaraju Suresh Babu was appointed as Managing Director.
Incorporation
09 May 2012
Mangrove Integrated Solutions Private Limited was registered on 09 May 2012 with Roc Bangalore & aged 14 years 6 months as per MCA records.
Frequently asked questions
Mangrove Integrated Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in information technology services, within the service industry. It was incorporated on 09 May 2012 (14+ years old) and is registered under CIN U72900KA2012PTC063900.
Mangrove Integrated Solutions has 2 current directors:
- Varadaraju Suresh Babu - Managing Director
- Divya Varadaraju - Director
The latest financial statements of Mangrove Integrated Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Mangrove Integrated Solutions is 29AAHCM9210G1ZD, registered in Karnataka.
The CIN (Corporate Identification Number) of Mangrove Integrated Solutions is U72900KA2012PTC063900. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mangrove Integrated Solutions was incorporated on 09 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Mangrove Integrated Solutions by revenue are Chapter 3 Technologies Private Limited, Adspro Web Services Private Limited, Maxit Computers Private Limited, Yp Solutions Private Limited, Zapbiz Online Service Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).
Divya Varadaraju was appointed as Director on 09 May 2012. Varadaraju Suresh Babu was appointed as Managing Director on 09 May 2012.
Yes, Mangrove Integrated Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0015176).
Mangrove Integrated Solutions can be reached through the website mangroveit.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Mangrove Integrated Solutions is at Plot No 23 3rd Cross Scr Layout Gollahalli Village Anjanapura Jp Nagar 9, Th Phase, Bangalore, Karnataka, India – 560062.
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