Microgenesis Techsoft Private Limited

Microgenesis Techsoft Private Limited - information technology in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
CIN U72200KA2004PTC043011 Incorporated 20 December 2004 ROC Bangalore HQ Bengaluru, Karnataka, India
Active Private Limited Company information technology MSME · Medium
Data last updated
Revenue · FY 2023
₹74.76 Cr
▲ 43% YoY
Net profit · FY 2023
₹11.69 Lakh
Net margin 0.2%
EBITDA · FY 2023
₹1.67 Cr
EBITDA margin 2.2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹63 Lakh
Issued & subscribed
Open charges
₹19.1 Cr
Secured borrowings
Company age
22 yrs
Est. 2004
Employees · EPFO
356
Provident fund records

About Microgenesis Techsoft Private Limited

Data last updated:

Microgenesis Techsoft Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 20 December 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2004PTC043011. Its GSTIN is 29AAECM1175F1ZI (Karnataka). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹63 Lakh. It is led by directors Vinod Tharian and Manoj Tharian.

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 No.129 – 300 Golden Enclave C' Tower 5th And 6th Floor Old Airport Road Murugeshpalaya, Bengaluru, Karnataka, India – 560017.

As per the financials filed for FY 2023, the company reported a revenue of ₹74.76 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹11.69 Lakh (net margin 0.2%) and EBITDA of ₹1.67 Cr (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 24% over five years.

The company has about 356 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹19.1 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹58.1 Lakh; the latest was in March 2018.

Microgenesis Techsoft Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0037049). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mgtechsoft.com.

Company details

CIN U72200KA2004PTC043011
Registration Number 043011
Incorporation Date 20 December 2004
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 Medium
Udyam Registration UDYAM-KR-03-0037049

CIN history

Microgenesis Techsoft has one previous CIN (Corporate Identification Number): U72200TN2004PTC054972. The current CIN is U72200KA2004PTC043011, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72200KA2004PTC043011Current
U72200TN2004PTC054972Previous

Recognitions & Rankings of Microgenesis Techsoft

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-KR-03-0037049

Contact details

Microgenesis Techsoft Private Limited's registered office is in Bengaluru, Karnataka. Its website is mgtechsoft.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    No.129 – 300 Golden Enclave C' Tower 5th And 6th Floor Old Airport Road Murugeshpalaya, Bengaluru, Karnataka, India – 560017
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Microgenesis Techsoft Private Limited, buy the company report.

Comprehensive company report
Microgenesis Techsoft 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Microgenesis Techsoft is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.

To see the full business activity and turnover split of Microgenesis Techsoft Private Limited, buy the company report.

Financials of Microgenesis Techsoft Private Limited

FY 2023 filings available

Microgenesis Techsoft Private Limited reported revenue of ₹74.76 Cr (up 43% YoY) for FY 2023.

Revenue · FY 2023
₹74.76 Cr ▲ 43%
Net profit · FY 2023
₹11.69 Lakh margin 0.2%
EBITDA · FY 2023
₹1.67 Cr margin 2.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 43%
3 years · compounded
▲ 31%
5 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▼ 14%
5 years · compounded
▼ 12%

Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 43% growth in the latest year. EBITDA fell 8% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹74.76 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.67 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹11.69 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
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin2.2%
Net Profit Margin0.2%
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 Microgenesis Techsoft Private Limited, buy the company report.

Board of directors of Microgenesis Techsoft Private Limited

Microgenesis Techsoft has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vinod TharianDirector29 Jan 20242 Years 8 MonthsCurrent
Manoj TharianDirector20 Dec 200421 Years 10 MonthsCurrent

Auditor

Microgenesis Techsoft Private Limited is audited by P.VENKOBI for the financial year 2023.

Auditor firmFinancial yearFirm registration number
P.VENKOBIFY 2023207851

Shareholding

The shareholding of Microgenesis Techsoft Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Microgenesis Techsoft Private Limited, buy the company report.

Charges & borrowings

Open charges
₹19.1 Cr
Satisfied charges
None
Breakdown by lending institutions
Axis Bank Limited₹18.31 Cr
Others₹0.79 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
25 Sep 2024101027616Others₹78.74 LakhOpen
30 Mar 2017100088666Axis Bank Limited₹18.31 CrOpen

To see the full charge records of Microgenesis Techsoft Private Limited, buy the company report.

Total charge records: 2 View all charges

Deals & funding

Microgenesis Techsoft Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹58.1 Lakh; the latest was in March 2018.

Total deals
4
Funding rounds
3
Secondary share transfer
1
Disclosed funding
₹58.1 Lakh

Deals on record (4 of 4)

WhenDealAmountParties
Mar 2018Funding round₹5 LakhInvestors: 2 individuals
Mar 2013Funding round₹33.8 LakhInvestors: an individual
Mar 2007Funding round₹19.3 LakhInvestors: 2 individuals
Mar 2007Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Microgenesis Techsoft Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Microgenesis Techsoft Private Limited has a workforce of 356 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
356
Active EPFO establishments
1
Employee growth
8.54%

GST

Microgenesis Techsoft has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AAECM1175F1ZIKarnatakaActive01 Jul 2017
36AAECM1175F1ZNTelanganaActive08 Aug 2017

To see the full GST registrations and return filing status of Microgenesis Techsoft Private Limited, buy the company report.

Recent activity

Microgenesis Techsoft Private Limited has 4 board changes on record since 2004: 2 appointments and 2 cessations. The latest: Vinod Tharian ceased to be Additional Director on 29 Sep 2024.

Ceased
Vinod Tharian ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 0.79 Cr with Charge ID 101027616 was registered on 25 Sep 2024.
Appointed
Vinod Tharian was appointed as Director.
Ceased
Samuel Tharian ceased to be Director.
AGM
Microgenesis Techsoft Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Charges
A charge with Axis Bank Limited of Rs. 18.31 Cr registered on 30 Mar 2017 with Charge ID 100088666 was modified on 14 Jul 2023.
Filing
Microgenesis Techsoft Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Charges
A charge with Axis Bank Limited amounted to Rs. 18.31 Cr with Charge ID 100088666 was registered on 30 Mar 2017.
Appointed
Manoj Tharian was appointed as Director.
Incorporation
20 Dec 2004
Microgenesis Techsoft Private Limited was registered on 20 Dec 2004 with Roc Bangalore & aged 21 years 10 months as per MCA records.

Frequently asked questions

Microgenesis Techsoft is an active private limited company based in Bengaluru, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 20 December 2004 (22+ years old) and is registered under CIN U72200KA2004PTC043011.

Microgenesis Techsoft has 2 current directors:

The latest financial statements of Microgenesis Techsoft 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 Microgenesis Techsoft is 29AAECM1175F1ZI, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 36AAECM1175F1ZN (Telangana).

The CIN (Corporate Identification Number) of Microgenesis Techsoft is U72200KA2004PTC043011. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Microgenesis Techsoft has 1 court case on record: 1 filed by the company.

Microgenesis Techsoft was incorporated on 20 December 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.

Microgenesis Techsoft has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹58.1 Lakh; the latest was in March 2018.

Vinod Tharian ceased to be Additional Director on 29 Sep 2024. Vinod Tharian was appointed as Director on 29 Jan 2024. Samuel Tharian ceased to be Director on 07 Dec 2023. Microgenesis Techsoft has 4 board changes on record in total.

Yes, Microgenesis Techsoft is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0037049).