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Micronet Technologies Limited - Company Profile

It is a financial services public limited company based in Hyderabad, Telangana, India, established in 1998.

1998 | Hyderabad, Telangana, India | Active
Last Updated:

About Micronet Technologies Limited

Micronet Technologies Limited, a active public limited company, was established on 19 March 1998 in Hyderabad, Telangana, India. Engaging in equipment leasing & financing within the support service to organizations sector, it holds CIN: U30007TG1998PLC029062. Registered under ROC Roc Hyderabad. it is unlisted. It has an authorized capital of ₹10.90 Cr and a paid-up capital of ₹6.01 M.

It upholds a active non-compliant status. Its leadership includes Satish Kumar Nimmagadda (Director), Maganti Srinivas (Director), Ranga Ramachandran (Director). Past directors included Venkata Nagendra Babu Lingamaneni, Venkataramana Maganti Rao, Paladugu Narayana. It holds ₹24.95 Cr open charges and ₹2.00 M settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 4Th Floor, A4/Ii, Electronic Complex,, Hyderabad, Telangana, 500062.

Company Details

  • CIN/LLPIN

    U30007TG1998PLC029062

  • Registration Number

    029062

  • Incorporation Date

    19 March 1998

  • Authorized Capital

    ₹10.90 Cr

  • Paid-Up Capital

    ₹6.01 M

  • ROC Code

    Roc Hyderabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 10.90 Cr
  • Paid Up Capital ₹ 6.01 M
  • Company Age 27 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 24.95 Cr
  • Satisfied Charges ₹ 2.00 M
  • Revenue Growth -18.04%
  • Profit Growth -2148.09%
  • Ebitda -14890.95%
  • Net Worth -29.69%
  • Total Assets -1.99%
Company report

Micronet Technologies Limited

Company Report FY 2025-2026

Explore comprehensive insights into Micronet Technologies Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Micronet Technologies Limited?

Current Directors

NameDesignationAppointment DateStatus
Satish Kumar NimmagaddaDirector01 Jul 2007Current
Maganti SrinivasDirector01 Jul 2007Current
Ranga RamachandranDirector01 Dec 2014Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector10 Apr 2017Past
Pramod AbcsddDirector01 Jul 2007Past
Pramod AbcsddDirector25 Apr 2009Past
Pramod AbcsddAdditional Director28 Sep 2015Past
Pramod AbcsddDirector01 Jul 2007Past
Pramod AbcsddDirector01 Jul 2007Past

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Financial Performance of Micronet Technologies.

Micronet Technologies Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 18.04% decrease. The company also saw a substantial fall in profitability, with a 2148.09% decrease in profit. The company's net worth observed a substantial decline by a decrease of 29.69%.

Micronet Technologies revenue growth over time
Micronet Technologies profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-18.04%
Revenue from Operations
7.50%
Total Assets
-1.99%
Profit or Loss
-2148.09%
Net Worth
-29.69%
EBITDA
-14890.95%

What is the Ownership and Shareholding Structure of Micronet Technologies?

In 2018, Micronet Technologies had a promoter holding of 0.08% and a public holding of 99.92%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹249,507,658.00

Satisfied Charges

₹2,000,000.00

Charges Breakdown by Lending Institutions

  • Jm Financial Asset Reconstruction Company Private Limited : 17.50 Cr
  • Srei Equipment Finance Private Limited : 7.45 Cr

Latest Charge Details

DateLenderAmountStatus
27 Sep 2012Srei Equipment Finance Private Limited₹7.45 CrOpen
20 Feb 2009Jm Financial Asset Reconstruction Company Private Limited₹12.50 CrOpen
27 Nov 2004Jm Financial Asset Reconstruction Company Private Limited₹5.00 CrOpen
07 Jun 2001State Bank Of India₹2.00 MSatisfied

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How Many Employees Work at Micronet Technologies?

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Employee growth trends for Micronet Technologies Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Micronet Technologies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Micronet Technologies's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Micronet Technologies

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Micronet Technologies Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Micronet Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad. was documented.

  • Director Appointment

    The activity Ranga Ramachandran was appointed as a Director was appointed as a Director on 01 Dec 2014 & has been associated with this company since 11 years 21 days . was completed.

  • Charges

    The activity A charge with Jm Financial Asset Reconstruction Company Private Limited of Rs. 12.50 Cr registered on 20 Feb 2009 with Charge ID 10143339 was modified on 26 Mar 2014. was completed.

  • Charges

    A charge with Jm Financial Asset Reconstruction Company Private Limited of Rs. 5.00 Cr registered on 27 Nov 2004 with Charge ID 90126948 was modified on 26 Mar 2014. was recorded as a recent event.

  • Charges

    Progress on A charge with Srei Equipment Finance Private Limited amounted to Rs. 7.45 Cr with Charge ID 10380719 was registered on 27 Sep 2012. was documented.

Frequently Asked Questions

  • What is the CIN of Micronet Technologies Limited?

    The CIN of Micronet Technologies Limited is U30007TG1998PLC029062.

  • Where is Micronet Technologies Limited headquartered?

    Micronet Technologies Limited is headquartered at 4Th Floor, A4/Ii, Electronic Complex,, Hyderabad, Telangana, 500062.

  • When was Micronet Technologies Limited incorporated?

    Micronet Technologies Limited was incorporated on 19 March 1998.

  • Who are the current directors of Micronet Technologies Limited?

    The current directors of Micronet Technologies Limited are

  • What is the primary industry of Micronet Technologies Limited?

    The primary industry of Micronet Technologies Limited is Support Service To Organizations.

  • Is Micronet Technologies Limited a listed company?

    Micronet Technologies Limited is unlisted.

  • What is the capital structure of Micronet Technologies Limited?

    The authorized capital of Micronet Technologies Limited is ₹10.90 Cr, and the paid-up capital is ₹6.01 M.

  • What is the compliance status of Micronet Technologies Limited?

    The compliance status of Micronet Technologies Limited is Active Non-Compliant.

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