About Micronet IT Services Private Limited
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Micronet IT Services Private Limited is a private limited company based in Bhiwani, Haryana, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 05 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U72900HR2016PTC066007. Its GSTIN is 06AAKCM6013C1ZV (Haryana). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Amit Jangir and Rohtash.
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 Civil Hospital Road Loharu, Bhiwani, Haryana, India – 127201.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.29 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹2.83 Lakh (net margin -123.5%) and EBITDA of -₹1.92 Lakh (EBITDA margin -83.7%). Revenue has grown at a compounded annual rate (CAGR) of 68% over three years and 52% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website micronet.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressCivil Hospital Road Loharu, Bhiwani, Haryana, India – 127201
- IndustryInformation Technology, Other Computer Related Activities
- 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 Micronet IT Services Private Limited
The main business activity of Micronet IT Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | 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.
Auditor Details of Micronet IT Services Private Limited
Micronet IT Services Private Limited is audited by JITENDRA GARODIA AND ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JITENDRA GARODIA AND ASSOCIATES | 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 Micronet IT Services Private Limited
Micronet IT Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Jangir Also directs: Arichwal IT Services Private Limited | Director | 05 Oct 2016 | 10 Years 0 Months | Current |
| Rohtash | Director | 05 Oct 2016 | 10 Years 0 Months | Current |
Financials of Micronet IT Services Private Limited FY 2023 filings available
Micronet IT Services Private Limited reported revenue of ₹2.29 Lakh (down 97% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Micronet IT Services Private Limited
Revenue fell 97% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 52%. EBITDA fell 284% 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 Micronet IT Services Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | -₹1.92 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.83 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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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Micronet IT Services Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -83.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -123.5% | •••• | •••• | •••• | •••• |
| 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 Micronet IT Services are in the company report.
Financial statements from FY 2017
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.
Ownership and Shareholding of Micronet IT Services 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 Micronet IT Services Private Limited
Micronet IT Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Micronet IT Services Private Limited
Employment history and EPFO contributions of people linked to Micronet IT Services.
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.
GST Compliance of Micronet IT Services Private Limited
Micronet IT Services has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAKCM6013C1ZV | Haryana | Active | 01 Jul 2017 |
| 07AAKCM6013C1ZT | Delhi | Active | 28 Aug 2018 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Micronet IT Services 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 Micronet IT Services 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 Micronet IT Services 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.
MCA Filings & Documents of Micronet IT Services 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.
Recent Activity on Micronet IT Services Private Limited
Frequently Asked Questions about Micronet IT Services Private Limited
Micronet IT Services is an active private limited company based in Bhiwani, Haryana, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 05 October 2016 (10+ years old) and is registered under CIN U72900HR2016PTC066007.
Micronet IT Services reported revenue of ₹2.29 Lakh for FY 2023 (down 97% YoY).
Micronet IT Services has 2 current directors:
- Amit Jangir - Director
- Rohtash - Director
Micronet IT Services reported a net loss of ₹2.83 Lakh (net margin -123.5%) and EBITDA of -₹1.92 Lakh (EBITDA margin -83.7%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Micronet IT Services is -68% over three years and 52% over five years. In the latest year (FY 2023) revenue fell 97%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Micronet IT Services is 06AAKCM6013C1ZV, registered in Haryana. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 07AAKCM6013C1ZT (Delhi).
The CIN (Corporate Identification Number) of Micronet IT Services is U72900HR2016PTC066007. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Micronet IT Services was incorporated on 05 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Haryana.
Micronet IT Services can be reached through the website micronet.in. Its registered office is in Bhiwani, Haryana, India.