About Micro Technologies (India) Limited
Data last updated:
Micro Technologies (India) Limited is a public limited company based in Vashi, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the security products segment of the manufacturing sector. It was incorporated on 16 September 1992.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L30007MH1992PLC068558. It is recorded as listed by MCA, but its shares were delisted from NSE on 02 Jul 2018 · winding up and from BSE on 14 Feb 2020 · winding up, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹34.1 Cr. It is led by directors including Aditya Sekhar (Managing Director) and Ganapathy Kilakkencherry Venkatachalam (Whole-Time Director).
Its last annual general meeting (AGM) was held on 28 June 2012, and its latest financial statements are for the year ended 31 March 2012. The registered office is at Shop No. 2 & 4 Gr. Fl & 3rd Fl Plot N0. 16 Sector N0. 30 – A Nr Vashi Railway Statio, N, Maharashtra, India – 400705.
The company is associated with 1 brand: MicroTechnologies. As per MCA filings, the company has open charges of ₹386.69 Cr and satisfied charges of ₹34 Cr on record. Court records list 62 cases involving the company, including 12 filed by the company and 50 filed against it; 13 cases are pending. The company has 98 deals on record (92 market trades, 3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹27.77 Cr; the latest was in January 2014.
The last known website on record is microtechnologies.net.
Company details
Contact details
Micro Technologies (India) Limited's registered office is in Vashi, Maharashtra.
- Registered AddressShop No. 2 & 4 Gr. Fl & 3rd Fl Plot N0. 16 Sector N0. 30 – A Nr Vashi Railway Statio, N, Maharashtra, India – 400705
- IndustryManufacturing, Security Products
- 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
Micro Technologies (India) operates one associated brand: MicroTechnologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT solutions provider offering software development, cloud, and mobile app services. | mtnptech.com |
Financials of Micro Technologies (India) Limited
FY 2012 filings availableFinancial Statement Summary
| Metrics | FY 2011-12 |
|---|---|
| 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 | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| 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 2011-12 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| 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 Technologies (India) Limited, buy the company report.
Board of directors of Micro Technologies (India) Limited
Micro Technologies (India) has 6 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Paul Jerome Coleman Jr | Director | 24 Jan 2007 | 19 Years 9 Months | As last reported |
| Sudhir Gurunath Koppikar Also directs: Micro Retail Limited, Micro Secure Solutions Limited | Additional Director | 26 Apr 2013 | 13 Years 5 Months | As last reported |
| Bhavin Pravinchandra Parikh Also directs: Hypercept Ventures (India) Private Limited | Additional Director | 26 Apr 2013 | 13 Years 5 Months | As last reported |
| Satya Swaroop Prasad | Additional Director | 13 Aug 2013 | 13 Years 2 Months | As last reported |
| Ganapathy Kilakkencherry Venkatachalam Also directs: Microtech Global Foundation | Whole-Time Director | 13 Aug 2013 | 13 Years 2 Months | As last reported |
| Aditya Sekhar | Managing Director | 01 Oct 2012 | 14 Years 0 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2013 | 10424448 | Bank of India | ₹50 Cr | Open | |
| 20 Oct 2012 | 10382412 | Icici Bank Limited | ₹10 Cr | Open | |
| 11 Jul 2012 | 10368976 | Lakshmi Vilas Bank Limited | ₹5 Cr | Open | |
| 05 Jul 2012 | 10372125 | ₹25 Cr | Open | ||
| 18 Nov 2011 | 10324771 | Indian Overseas Bank | ₹25 Cr | Open |
To see the full charge records of Micro Technologies (India) Limited, buy the company report.
Total charge records: 24 View all charges
Deals & funding
Micro Technologies (India) Limited has 98 deals on record (92 market trades, 3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹27.77 Cr; the latest was in January 2014.
Deals on record (5 of 98)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2014 | Market trade | ₹6.9 Lakh | Seller: Bennett Coleman and Co. Ltd. |
| Aug 2013 | Market trade | ₹18 Lakh | Buyer: Shiv Trading Co., an individual Seller: M. Y. Realtors Private Limited , Shiv Trading Co., Voice Concept India Private Limited |
| Aug 2013 | Market trade | ₹5.4 Lakh | Seller: M. Y. Realtors Private Limited |
| Jul 2013 | Market trade | ₹8 Lakh | Buyer: Alfa Technosoft Private Limited Seller: M. Y. Realtors Private Limited |
| Jul 2013 | Market trade | ₹8.6 Lakh | Seller: Ashamangal Vanijya Private Limited |
To see the full deal history of Micro Technologies (India) Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Micro Technologies (India) Limited has 62 court cases on record: 12 filed by Micro Technologies (India), 50 filed against it. 13 cases are pending and 49 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 42 | 31 | 5 |
| District courts | 19 | 19 | 8 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 62)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (OLR) | Filed by the company against Intelinet Infotech Pvt. Ltd.1 and 14 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Ms. Icici Bank Ltd | Pending |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed against the company by M/S Straton Business Solutions Private Limited Rep.By Its Director | Disposed |
| Bombay High Court | Appeal | Filed against the company by Phoenix Arc Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by M-S Icici Bank Ltd and 1 other | Disposed |
To see the full case history of Micro Technologies (India) 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
No delayed payments to MSME suppliers are on our record for Micro Technologies (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Micro Technologies (India) Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Micro Technologies (India) Limited has 28 board changes on record since 1992: 17 appointments and 11 cessations. The latest: Ganapathy Kilakkencherry Venkatachalam was appointed as Whole-Time Director on 13 Aug 2013.
53 earlier events are in the company report.
Frequently asked questions
Micro Technologies (India) is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Micro Technologies (India) is a company under liquidation, formerly operating as a public limited company based in Vashi, Maharashtra, India. The company works in security products, within the manufacturing industry. It was incorporated on 16 September 1992 and is registered under CIN L30007MH1992PLC068558. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Micro Technologies (India) has 6 current directors:
- Aditya Sekhar - Managing Director
- Ganapathy Kilakkencherry Venkatachalam - Whole-Time Director
- Paul Jerome Coleman Jr - Director
- Sudhir Gurunath Koppikar - Additional Director
- Bhavin Pravinchandra Parikh - Additional Director
- Satya Swaroop Prasad - Additional Director
The latest financial statements of Micro Technologies (India) on record with the MCA are for the year ended 31 March 2012. Its last annual general meeting was held on 28 June 2012. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Micro Technologies (India) is L30007MH1992PLC068558. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Micro Technologies (India) is recorded as a listed company by MCA, but its shares were delisted from NSE on 02 Jul 2018 · winding up and from BSE on 14 Feb 2020 · winding up, and no longer trade on a stock exchange.
Micro Technologies (India) has open charges of ₹386.69 Cr and satisfied charges of ₹34 Cr as per latest MCA filings.
Micro Technologies (India) has 62 court cases on record: 12 filed by the company and 50 filed against it. 13 are pending. Most are in the high courts.
Micro Technologies (India) was incorporated on 16 September 1992. It is registered with the Registrar of Companies, Mumbai.
Micro Technologies (India) has 98 deals on record (92 market trades, 3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹27.77 Cr; the latest was in January 2014.