About Micm Net-Solutions Private Limited
Data last updated:
Micm Net-Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 22 February 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52392MH2000PTC124397. Its GSTIN is 27AABCM9968M1ZL (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.8 Cr and a paid-up capital of ₹1.48 Cr. It is led by directors including Chintan Narendra Shah and Paresh Shantilal Sheth.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 5/6 Azad Shopping Centreopp Railway Station Goregaon West, Mumbai, Maharashtra, India – 400062.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.01 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹11.94 Lakh (net margin 2.4%) and EBITDA of ₹74.55 Lakh (EBITDA margin 14.9%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 18% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: MiCM. As per MCA filings, the company has open charges of ₹20 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending. The company has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹80.7 Lakh; the latest was in August 2021. Its 10 peer companies in the Information Technology industry (Application Development) are compared by revenue, 5 larger and 5 smaller; the largest is Om Tat Sat Solutions Private Limited with revenue of ₹5.04 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website micmindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address5/6 Azad Shopping Centreopp Railway Station Goregaon West, Mumbai, Maharashtra, India – 400062
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Micm Net-Solutions Private Limited
The main business activity of Micm Net-Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Micm Net-Solutions Private Limited FY 2024 filings available
Micm Net-Solutions Private Limited reported revenue of ₹5.01 Cr (up 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Micm Net-Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 19% growth in the latest year. EBITDA fell 2% 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 Micm Net-Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹74.55 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹11.94 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 | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Micm Net-Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Micm Net-Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Micm Net-Solutions Private Limited
Micm Net-Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Om Tat Sat Solutions Private Limited | ₹5.04 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | New Delhi, Delhi, India |
| Effiya Technologies Private Limited | ₹5.04 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Noida, Uttar Pradesh, India |
| Virtual Automation Services Private Limited | ₹5.04 Cr (FY 2025) | •••• | •••• | 46.0% | •••• | Coimbatore, Tamil Nadu, India |
| Advicesync Consulting Private Limited | ₹5.03 Cr (FY 2017) | •••• | •••• | -38.0% | •••• | Chennai, Tamil Nadu, India |
| SD Innovations Private Limited | ₹5.02 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Mount Road Teynampet Chennai, Tamil Nadu, India |
| Micm Net-Solutions Private Limited this company | ₹5.01 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | Mumbai, Maharashtra, India |
| Phonon Solutions Private Limited | ₹5.01 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | New Delhi, Delhi, India |
| Softforce Consultants Private Limited | ₹5 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Hyderabad, Telangana, India |
| Green Apple Solutions Private Limited | ₹5 Cr (FY 2025) | •••• | •••• | 60.0% | •••• | New Delhi, Delhi, India |
| Infoworld Consultancy Private Limited | ₹5 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Pune, Maharashtra, India |
| Followon Interactive Media Private Limited | ₹4.99 Cr (FY 2019) | •••• | •••• | -24.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Micm Net-Solutions by revenue in the Information Technology industry (Application Development), 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 Micm Net-Solutions Private Limited
Micm Net-Solutions Private Limited is audited by B P SHAH & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B P SHAH & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Micm Net-Solutions Private Limited
Micm Net-Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chintan Narendra Shah | Director | 16 Jan 2008 | 18 Years 8 Months | Current |
| Paresh Shantilal Sheth | Director | 22 Feb 2000 | 26 Years 7 Months | Current |
| Guniyal Paresh Sheth | Director | 22 Feb 2000 | 26 Years 7 Months | Current |
Ownership and Shareholding of Micm Net-Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Micm Net-Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 May 2024 | The South Indian Bank Limited | ₹20 Lakh | Open |
Total charge records: 1 View all charges
Deals & Funding of Micm Net-Solutions Private Limited
Micm Net-Solutions Private Limited has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹80.7 Lakh; the latest was in August 2021.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2021 | Funding round | ₹20.7 Lakh | Investors: 3 individuals |
| Apr 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2013 | Funding round | ₹15 Lakh | Investors: 2 individuals |
| Feb 2013 | Funding round | ₹25.5 Lakh | Investors: 3 individuals |
Full deal history
All 8 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Micm Net-Solutions Private Limited
Micm Net-Solutions Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed. Status as checked between 03 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (M A .PGA) | Filed against the company by an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.PGA) | Filed against the company by an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Micm Net-Solutions Private Limited
Micm Net-Solutions operates one associated brand: MiCM. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT solutions provider specializing in educational ERP for schools and colleges. | micmindia.com |
Employees and EPFO Compliance at Micm Net-Solutions Private Limited
Micm Net-Solutions Private Limited has a workforce of 17 employees as of Apr 02, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Micm Net-Solutions Private Limited
Micm Net-Solutions Private Limited has 4 board changes on record since 2000: 3 appointments and 1 cessation. The latest: Manoj Jadavji Galia ceased to be Director on 18 Sep 2019.
Credit Ratings, Litigation & Regulatory Alerts for Micm Net-Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Micm Net-Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Micm Net-Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Micm Net-Solutions Private Limited
Micm Net-Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM9968M1ZL | Maharashtra | Active | 01 Jul 2017 |
| 24AABCM9968M1ZR | Gujarat | Active | 13 Jun 2022 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Micm Net-Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Micm Net-Solutions Private Limited
Micm Net-Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 22 February 2000 (26+ years old) and is registered under CIN U52392MH2000PTC124397.
Micm Net-Solutions reported revenue of ₹5.01 Cr for FY 2024 (up 19% YoY).
Micm Net-Solutions has 3 current directors:
- Chintan Narendra Shah - Director
- Paresh Shantilal Sheth - Director
- Guniyal Paresh Sheth - Director
Micm Net-Solutions reported a net profit of ₹11.94 Lakh (net margin 2.4%) and EBITDA of ₹74.55 Lakh (EBITDA margin 14.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Micm Net-Solutions is 19% over three years and 18% over five years. In the latest year (FY 2024) revenue rose 19%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Micm Net-Solutions is 27AABCM9968M1ZL, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AABCM9968M1ZR (Gujarat).
The CIN (Corporate Identification Number) of Micm Net-Solutions is U52392MH2000PTC124397. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Micm Net-Solutions has 2 court cases on record: 2 filed against it. 1 is pending.
Micm Net-Solutions was incorporated on 22 February 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
Micm Net-Solutions has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹80.7 Lakh; the latest was in August 2021.
The peers of Micm Net-Solutions by revenue are Om Tat Sat Solutions Private Limited, Effiya Technologies Private Limited, Virtual Automation Services Private Limited, Advicesync Consulting Private Limited, SD Innovations Private Limited and 5 more, all in the Information Technology industry (Application Development).