- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0011044

About Micronova Impex Private Limited
Data last updated:
Micronova Impex Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 13 April 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA1993PTC014206. Its GSTIN is 29AABCM1478L1Z2 (Karnataka). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹3.1 Cr and a paid-up capital of ₹1.9 Cr. It is led by directors Vasundhara Joshi and Suresh Ananth Rao.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.43 Wat Streetbasavangudi Bangalore., Karnataka, India – 560004.
As per the financials filed for FY 2024, the company reported a revenue of ₹180.56 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹2.97 Cr (net margin 1.6%) and EBITDA of ₹7.22 Cr (EBITDA margin 4%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 17% over five years.
The company has about 68 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
As per MCA filings, the company has open charges of ₹28.4 Cr and satisfied charges of ₹33.73 Cr on record. Court records list 113 cases involving the company, including 87 filed by the company and 26 filed against it; 16 cases are pending.
Micronova Impex Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0011044). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website micronovaimpex.com.
Company details
Recognitions & Rankings of Micronova Impex
Contact details
Micronova Impex Private Limited's registered office is in Bangalore, Karnataka. Its website is micronovaimpex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.43 Wat Streetbasavangudi Bangalore., Karnataka, India – 560004
- IndustryMedia and Publishing, Advertising Agencies & Media Services
To see the full contact details of Micronova Impex Private Limited, buy the company report.
- 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
Business activity
The main business activity of Micronova Impex is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Micronova Impex Private Limited, buy the company report.
Financials of Micronova Impex Private Limited
FY 2024 filings availableMicronova Impex Private Limited reported revenue of ₹180.56 Cr (up 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 10% growth in the latest year. EBITDA fell 10% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹7.22 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.97 Cr | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4% | ||||
| Net Profit Margin | 1.6% | ||||
| 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 Micronova Impex Private Limited, buy the company report.
Board of directors of Micronova Impex Private Limited
Micronova Impex has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vasundhara Joshi | Director | 24 Sep 2001 | 25 Years 0 Months | Current |
| Suresh Ananth Rao Also directs: Micronova IT Solutions Private Limited, Micronova Infotex Private Limited, Uninoc Services Private Limited and 1 more | Director | 15 Apr 1997 | 29 Years 6 Months | Current |
Shareholding
The shareholding of Micronova Impex 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Micronova Impex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Apr 2025 | 101088755 | Axis Bank Limited | ₹4 Cr | Open | |
| 13 Apr 2023 | 100723580 | Axis Bank Limited | ₹5 Cr | Open | |
| 28 May 2011 | 10291386 | Axis Bank Limited | ₹19.4 Cr | Open | |
| 19 Oct 2021 | 100505977 | Hdfc Bank Limited | ₹4 Cr | Satisfied | |
| 03 Jul 2018 | 100197325 | Axis Bank Limited | ₹3.38 Lakh | Satisfied |
To see the full charge records of Micronova Impex Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Micronova Impex Private Limited has 113 court cases on record: 87 filed by Micronova Impex, 26 filed against it. 16 cases are pending and 97 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 96 | 12 | 12 |
| High courts | 16 | 14 | 4 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 113)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Appeal | Filed by the company against M/S Geo Corp Ecos Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Micronova Helios Networking Solutions Private Limited and 1 other | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Haritasa Electronics Solutions Pvt Ltd | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by M/S Gupta Power Technologies Pvt Ltd Throuh Its Arsandeep Demiwal | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Adlerenserv Pvt Ltd | Pending |
To see the full case history of Micronova Impex Private 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 Micronova Impex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Micronova Impex has 3 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Micronova Telesystems Private Limited | U32301KA2009PTC049057 | |
| Micronova Teleinfra Private Limited | U64204KA2012PTC066393 | |
| Micronova Helios Networking Solutions Private Limited | U72200KA2011PTC056870 |
To see the full group structure of Micronova Impex Private Limited, buy the company report.
Employees & EPFO
Micronova Impex Private Limited has a workforce of 68 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Micronova Impex has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCM1478L1Z2 | Karnataka | Active | 01 Jul 2017 |
| 29AABCM1478L2Z1 | Karnataka | Active | 29 Apr 2025 |
| 33AABCM1478L1ZD | Tamil Nadu | Active | 01 Jul 2017 |
| 36AABCM1478L1Z7 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Micronova Impex Private Limited, buy the company report.
Recent activity
Micronova Impex Private Limited has 8 board changes on record since 1997: 2 appointments and 6 cessations. The latest: Suresh Ananth Rao ceased to be Managing Director on 22 Feb 2022.
22 earlier events are in the company report.
Frequently asked questions
Micronova Impex is an active private limited company based in Bangalore, Karnataka, India. The company works in advertising agencies and media services, within the media and publishing industry. It was incorporated on 13 April 1993 (33+ years old) and is registered under CIN U51909KA1993PTC014206.
Micronova Impex has 2 current directors:
- Vasundhara Joshi - Director
- Suresh Ananth Rao - Director
The latest financial statements of Micronova Impex on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Micronova Impex is 29AABCM1478L1Z2, registered in Karnataka. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 29AABCM1478L2Z1 (Karnataka), 33AABCM1478L1ZD (Tamil Nadu), 36AABCM1478L1Z7 (Telangana).
The CIN (Corporate Identification Number) of Micronova Impex is U51909KA1993PTC014206. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Micronova Impex has 113 court cases on record: 87 filed by the company and 26 filed against it. 16 are pending. Most are in the district courts.
Micronova Impex was incorporated on 13 April 1993, making it 33+ years old. It is registered with the Registrar of Companies, Bangalore.
Suresh Ananth Rao ceased to be Managing Director on 22 Feb 2022. Prabhakar Venkataramaiah ceased to be Additional Director on 31 Dec 2020. Meghana Joshi ceased to be Additional Director on 20 Feb 2020. Micronova Impex has 8 board changes on record in total.
Yes, Micronova Impex is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0011044).
Micronova Impex can be reached through the website micronovaimpex.com. Its registered office is in Bangalore, Karnataka, India.