Micronet Technologies Limited
About Micronet Technologies Limited
Data last updated: 12 February 2026
Micronet Technologies Limited is a public limited company based in Hyderabad, Telangana, India. It specialises in equipment leasing and financing, a part of the broader financial services sector. Incorporated on 19 March 1998, the company has been in operation for over 28 years.
Registered with ROC Hyderabad under CIN U30007TG1998PLC029062.
Capital: an authorised share capital of ₹10.9 Cr and a paid-up capital of ₹60.07 Lakh. It is led by directors including Satish Kumar Nimmagadda and Maganti Srinivas.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: 4Th Floor A4/Ii Electronic Complex, Hyderabad, Telangana, India – 500062.
As per the financials filed for FY 2018, the company reported a revenue of ₹7.05 Cr, a decline of 18% compared to the previous year.
Its group structure includes 1 subsidiary.
The company is associated with 1 brand - Mic India. As per MCA filings, the company has open charges of ₹24.95 Cr and satisfied charges of ₹20 Lakh on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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Registered Address4Th Floor A4/Ii Electronic Complex, Hyderabad, Telangana, India – 500062
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IndustryFinancial Services, Equipment Leasing & Financing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Micronet Technologies Limited
Micronet Technologies Limited has one previous CIN (Corporate Identification Number): U30007AP1998PLC029062. The current CIN is U30007TG1998PLC029062, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U30007TG1998PLC029062 | Current |
| U30007AP1998PLC029062 | Previous |
Associated Brands with Micronet Technologies Limited
Micronet Technologies Limited operates one associated brand: MIC India. These brands represent Micronet Technologies Limited's diversified market presence and brand portfolio.
Competitors & Alternatives of Micronet Technologies Limited
Brands and companies operating in the same space as Micronet Technologies Limited include Flex, Dixon Technologies, Brandworks Technologies and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Flex
|
Designer and producer of intelligent products, automotive electronics manufacturing, and logistics services | San Jose, United States, United States | 1969 |
Dixon Technologies
|
Electronics manufacturing services are provided for consumer and home products. | Noida, India, India | 1993 |
Brandworks Technologies
|
Provider of electronics manufacturing services | Palghar, India, India | 2017 |
Veira Group
|
Electronic products are manufactured on contract by Veira Group. | Noida, India, India | 1975 |
Oakter
|
Electronic contract manufacturing and design services are offered. | Noida, India, India | 2014 |
Virtuoso Optoelectronics
|
Installation services for LED-based lighting systems are provided. | Nashik, India, India | 2015 |
Numeric India
|
Uninterrupted power supply systems for electronics are manufactured and supplied. | Chennai, India, India | 1984 |
Business Activity of Micronet Technologies Limited
Micronet Technologies Limited is engaged in the principal business activity of support service to organizations, with detailed activities including rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities | Locked |
Business activity turnover details for Micronet Technologies Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Micronet Technologies Limited
Micronet Technologies Limited is audited by PINNAMANENI & CO for the financial year 2018. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PINNAMANENI & CO | Locked | Locked | Locked |
Complete auditor history for Micronet Technologies Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors of Micronet Technologies Limited
Micronet Technologies Limited is currently managed by 3 directors, with 6 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Satish Kumar Nimmagadda
Also directs:
Micronet Technologies Limited
|
Director | 01 Jul 2007 | 19 Years 1 Months | Current |
|
Maganti Srinivas
Also directs:
Micronet Technologies Limited
|
Director | 01 Jul 2007 | 19 Years 1 Months | Current |
|
Ranga Ramachandran
Also directs:
Micronet Technologies Limited, Think Solar India Private Limited
|
Director | 01 Dec 2014 | 11 Years 8 Months | Current |
Financials of Micronet Technologies Limited FY 2024 filings available
Micronet Technologies Limited reported revenue of ₹7.05 Cr (down 18.00% YoY) for FY 2018.
Ten-year financial statements for Micronet Technologies Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
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Ownership and Shareholding of Micronet Technologies Limited
Shareholding and ownership data for Micronet Technologies Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
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- FII and DII holdings
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Group Structure of Micronet Technologies Limited
Micronet Technologies Limited has 1 subsidiary company. This group structure data is as of FY 2018. The corporate group structure reflects Micronet Technologies Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Mic Digital Media Vizag Private Limited | U92190TG2005PTC047439 | Locked |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Micronet Technologies Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Sep 2012 | Srei Equipment Finance Private Limited | ₹7.45 Cr | Open |
| 20 Feb 2009 | Jm Financial Asset Reconstruction Company Private Limited | ₹12.5 Cr | Open |
| 27 Nov 2004 | Jm Financial Asset Reconstruction Company Private Limited | ₹5 Cr | Open |
| 07 Jun 2001 | State Bank of India | ₹20 Lakh | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Micronet Technologies Limited
View historical data on people associated with Micronet Technologies Limited, including employment history and EPFO contributions.
Employee and EPFO history for Micronet Technologies Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Micronet Technologies Limited
GST registrations and filing compliance for Micronet Technologies Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
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Credit Ratings, Litigation & Regulatory Alerts for Micronet Technologies Limited
Credit ratings, litigation, and regulatory alerts for Micronet Technologies Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
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MSME Payment Delays by Micronet Technologies Limited
MSME payment history for Micronet Technologies Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Micronet Technologies Limited
Corporate group structure for Micronet Technologies Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
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MCA Filings & Documents of Micronet Technologies Limited
MCA filings and documents for Micronet Technologies Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Micronet Technologies Limited
Frequently Asked Questions about Micronet Technologies Limited
Micronet Technologies Limited is an active public limited company in the financial services sector based in Hyderabad, Telangana, India. It was incorporated on 19 March 1998 (28+ years old) and is registered under CIN U30007TG1998PLC029062.
Micronet Technologies Limited reported revenue of ₹7.05 Cr for FY 2018 (down 18.00% YoY).
The current directors of Micronet Technologies Limited are:
- Satish Kumar Nimmagadda - Director
- Maganti Srinivas - Director
- Ranga Ramachandran - Director
The primary industry of Micronet Technologies Limited is financial services. The company specifically operates in equipment leasing and financing. The company is currently active in this sector.
Micronet Technologies Limited can be reached at the registered office: 4Th Floor A4Ii Electronic Complex, Hyderabad, Telangana, India – 500062.
The authorised capital is ₹10.9 Cr, and the paid-up capital is ₹60.07 Lakh.