Micro Innovations Pvt. Ltd.
About Micro Innovations Pvt. Ltd.
Data last updated:
Micro Innovations Pvt. Ltd. is a private limited company based in Kolkata, West Bengal, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 21 April 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U92312WB1986PTC040559. Its GSTIN is 19AABCM7475M1ZS (West Bengal).
The company has an authorised share capital of ₹85 Lakh and a paid-up capital of ₹85 Lakh. It is led by directors Kanta Gupta and Pradeep Kumar Gupta.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 3A National Library Avenue, Kolkata, West Bengal, India – 700027.
As per the financials filed for FY 2017, the company reported a revenue of ₹18.86 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net loss of ₹4.72 Cr (net margin -25%) and EBITDA of -₹4.43 Cr (EBITDA margin -23.5%).
As per MCA filings, the company has open charges of ₹3.5 Cr and satisfied charges of ₹3.75 Cr on record. Court records list 17 cases involving the company, including 14 filed by the company and 3 filed against it; 9 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Micro Innovations Pvt. Ltd.'s registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3A National Library Avenue, Kolkata, West Bengal, India – 700027
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Micro Innovations Pvt. Ltd., 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
Business activity
The main business activity of Micro Innovations is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Micro Innovations Pvt. Ltd., buy the company report.
Financials of Micro Innovations Pvt. Ltd.
FY 2017 filings availableMicro Innovations Pvt. Ltd. reported revenue of ₹18.86 Cr (down 26% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 26% in the latest year. EBITDA fell 739% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 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 | -₹4.43 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹4.72 Cr | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -23.5% | ||
| Net Profit Margin | -25% | ||
| 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 Micro Innovations Pvt. Ltd., buy the company report.
Board of directors of Micro Innovations Pvt. Ltd.
Micro Innovations has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanta Gupta | Director | 20 Dec 1988 | 37 Years 10 Months | Current |
| Pradeep Kumar Gupta | Director | 21 Apr 1986 | 40 Years 6 Months | Current |
Peer comparison
Micro Innovations Pvt. Ltd. is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Saffire Mining & Minerals Private Limited | ₹18.98 Cr (FY 2025) | 18.0% | Raipur, Chhattisgarh, India | |||
| Ganon Products Limited | ₹18.94 Cr (FY 2025) | -35.0% | Mumbai, Maharashtra, India | |||
| Micro Innovations Pvt. Ltd.this company | ₹18.86 Cr (FY 2017) | -₹4.72 Cr | -25% | -26.0% | Kolkata, West Bengal, India | |
| Amman-Try Trading Company Private Limited | ₹18.84 Cr (FY 2024) | 122.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Shivshakti Meatals Private Limited | ₹18.75 Cr (FY 2025) | -34.0% | Delhi, India | |||
| Stainless Emporium Private Limited | ₹18.71 Cr (FY 2025) | -7.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Micro Innovations Pvt. Ltd., buy the company report.
Auditor
Micro Innovations Pvt. Ltd. is audited by M. Shah & Co. for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. Shah & Co. | FY 2015 |
Shareholding
The shareholding of Micro Innovations Pvt. Ltd. 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 Micro Innovations Pvt. Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Feb 2014 | 10483391 | Paschim Banga Gramin Bank | ₹3.5 Cr | Open | |
| 05 Sep 2008 | 10122126 | Indian Bank | ₹2.5 Cr | Satisfied | |
| 23 Apr 1999 | 80050215 | Syndicate Bank | ₹1.25 Cr | Satisfied |
To see the full charge records of Micro Innovations Pvt. Ltd., buy the company report.
Total charge records: 3 View all charges
Legal cases
Micro Innovations Pvt. Ltd. has 17 court cases on record: 14 filed by Micro Innovations, 3 filed against it. 9 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 3 | 9 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Streamline Dealers Pvt. Ltd | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Shiva Ferrous Pvt. Ltd. | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Micro Innovations Pvt. Ltd., 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
No delayed payments to MSME suppliers are on our record for Micro Innovations Pvt. Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Micro Innovations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCM7475M1ZS | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Micro Innovations Pvt. Ltd., buy the company report.
Recent activity
Micro Innovations Pvt. Ltd. has 2 board changes on record since 1986: 2 appointments. The latest: Kanta Gupta was appointed as Director on 20 Dec 1988.
1 earlier event is in the company report.
Frequently asked questions
Micro Innovations is an active private limited company based in Kolkata, West Bengal, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 21 April 1986 (40+ years old) and is registered under CIN U92312WB1986PTC040559.
Micro Innovations has 2 current directors:
- Kanta Gupta - Director
- Pradeep Kumar Gupta - Director
The latest financial statements of Micro Innovations on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Micro Innovations is 19AABCM7475M1ZS, registered in West Bengal.
The CIN (Corporate Identification Number) of Micro Innovations is U92312WB1986PTC040559. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Micro Innovations has 17 court cases on record: 14 filed by the company and 3 filed against it. 9 are pending.
Micro Innovations was incorporated on 21 April 1986, making it 40+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Micro Innovations by revenue are Saffire Mining & Minerals Private Limited, Ganon Products Limited, Amman-Try Trading Company Private Limited, Shivshakti Meatals Private Limited, Stainless Emporium Private Limited, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Kanta Gupta was appointed as Director on 20 Dec 1988. Pradeep Kumar Gupta was appointed as Director on 21 Apr 1986.
The registered office of Micro Innovations is at 3A National Library Avenue, Kolkata, West Bengal, India – 700027.
Micro Innovations operates in the metals and minerals industry, in the metal retail and distribution segment.