About Mestech Services Private Limited
Data last updated:
Mestech Services Private Limited was a private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Rockwell Automation India Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the software development and support services segment of the technology and IT services sector. It was incorporated on 06 February 2008.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2008PTC384304. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹80 Lakh and a paid-up capital of ₹68.72 Lakh. It was led by directors Dilip Sawhney and Chitrabhanu Ghosh.
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 was at 131 Block 2 Functional Industrial Estate Patparganj, New Delhi, Delhi, India – 110092.
As per the financials filed for FY 2022, the company reported a revenue of ₹67.66 Cr, a growth of 81% compared to the previous year. For the same year it recorded a net profit of ₹13.49 Cr (net margin 19.9%) and EBITDA of ₹23.17 Cr (EBITDA margin 34.2%).
The company had about 335 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Mestech. As per MCA filings, the company had satisfied charges of ₹3.42 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it. The company has 1 deal on record (1 acquisition); the latest was in October 2019. The company has 2 MSME Form 1 returns on record between 2019 and 2022, listing 2 overdue payments to 2 micro and small suppliers.
The last known website on record is mestechservices.com.
Company details
CIN history
Mestech Services has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U72900DL2008PTC384304, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900DL2008PTC384304 | Current |
| U72900PN2008PTC149287 | Previous |
| U72900MH2008PTC178535 | Previous |
Contact details
Mestech Services Private Limited's registered office is in New Delhi, Delhi. Its website is mestechservices.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address131 Block 2 Functional Industrial Estate Patparganj, New Delhi, Delhi, India – 110092
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Mestech Services 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
Mestech Services operates one associated brand: Mestech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Automotive consulting and support services are provided to clients. | mestechservices.com |
Business activity
The main business activity of Mestech Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Mestech Services Private Limited, buy the company report.
Financials of Mestech Services Private Limited
FY 2022 filings availableMestech Services Private Limited reported revenue of ₹67.66 Cr (up 81% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 81% in the latest year. EBITDA rose 81% in the latest 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹67.66 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹23.17 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.49 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34.2% | ||||
| Net Profit Margin | 19.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Mestech Services Private Limited, buy the company report.
Board of directors of Mestech Services Private Limited
Mestech Services has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dilip Sawhney | Director | 01 Oct 2019 | 7 Years 0 Months | As last reported |
| Chitrabhanu Ghosh | Director | 01 Oct 2019 | 7 Years 0 Months | As last reported |
Auditor
Mestech Services Private Limited is audited by Shah Patani & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shah Patani & Associates | FY 2022 | 121252W |
Shareholding
The shareholding of Mestech Services Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mestech Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Oct 2018 | 100210551 | Others | ₹11.78 Lakh | Satisfied | |
| 12 Mar 2013 | 10423054 | Union Bank of India Limited | ₹50 Lakh | Satisfied | |
| 28 Mar 2012 | 10349455 | Others | ₹2.8 Cr | Satisfied |
To see the full charge records of Mestech Services Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Mestech Services Private Limited has 1 deal on record (1 acquisition); the latest was in October 2019.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2019 | Acquisition | Undisclosed | Buyer: Rockwell Automation Inc |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mestech Services Private Limited has 3 court cases on record: 2 filed by Mestech Services, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Original application | Filed against the company by Sutherland Healthcare Solutions Pvt. Ltd. | Disposed |
| NCLT, New Delhi Bench Court-III | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Principal Bench | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Mestech Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Mestech Services Private Limited has 2 MSME Form 1 returns on record between 2019 and 2022, listing 2 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ascent HR Technologies Private Limited | |||
| Infinite Technologies |
To see the full MSME payment records of Mestech Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Mestech Services Private Limited has a workforce of 335 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Mestech Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Mestech Services Private Limited, buy the company report.
Recent activity
Mestech Services Private Limited has 10 board changes on record since 2011: 2 appointments and 8 cessations. The latest: Chitrabhanu Ghosh ceased to be Additional Director on 17 Dec 2020.
8 earlier events are in the company report.
Frequently asked questions
Mestech Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Mestech Services was a private limited company based in New Delhi, Delhi, India. The company worked in software development and support services, within the information technology industry. It was incorporated on 06 February 2008 and is registered under CIN U72900DL2008PTC384304. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Mestech Services was incorporated on 06 February 2008. It is registered with the Registrar of Companies, Delhi.
Mestech Services had 2 directors:
- Dilip Sawhney - Director
- Chitrabhanu Ghosh - Director
The CIN (Corporate Identification Number) of Mestech Services is U72900DL2008PTC384304. 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 Mestech Services is at 131 Block 2 Functional Industrial Estate Patparganj, New Delhi, Delhi, India – 110092.
Mestech Services can be reached through the website mestechservices.com. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Mestech Services 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.
No. Mestech Services has 1 GST registration on record and it is cancelled or inactive.
Mestech Services operated in the information technology industry, in the software development and support services segment.
Mestech Services has 1 deal on record (1 acquisition); the latest was in October 2019.