Microqual Techno Limited - energy and power in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U32200MH1999PLC121164 Incorporated 05 August 1999 ROC Mumbai HQ Mumbai, Maharashtra, India
Under Liquidation Public Limited Company energy and power
Data last updated
Authorised capital
₹58.45 Cr
Registered with MCA
Paid-up capital
₹53.45 Cr
Issued & subscribed
Open charges
₹283.66 Cr
Satisfied ₹114.1 Cr
Company age
27 yrs
Est. 1999
Directors on board
3
As per MCA filings
GST registrations
10
None active
Brands
1
Associated brands
Last financials
Mar 2011
Balance sheet date

About Microqual Techno Limited

Data last updated:

Microqual Techno Limited is a public limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 05 August 1999.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U32200MH1999PLC121164. The company has 10 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹58.45 Cr and a paid-up capital of ₹53.45 Cr. It is led by directors including Mahesh Balkishan Choudhary (Whole-Time Director) and Sayeedkhan Younuskhan Khan.

Its last annual general meeting (AGM) was held on 30 September 2011, and its latest financial statements are for the year ended 31 March 2011. The registered office is at 306 Laxmi Plazalaxmi Industrialestate New Link Rd Andheri (W), Mumbai, Maharashtra, India – 400053.

The company is associated with 1 brand: Microequal. As per MCA filings, the company has open charges of ₹283.66 Cr and satisfied charges of ₹114.1 Cr on record. Court records list 75 cases involving the company, including 9 filed by the company and 66 filed against it; 7 cases are pending. The company has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹89.64 Cr; the latest was in June 2014.

The last known website on record is microqual.com.

Company Details of Microqual Techno Limited
CIN U32200MH1999PLC121164
Registration Number 121164
Incorporation Date 05 August 1999
ROC Mumbai
Listing Status Unlisted
Company Status Under Liquidation
Date of Last AGM 30 September 2011
Date of Balance Sheet 31 March 2011
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    306 Laxmi Plazalaxmi Industrialestate New Link Rd Andheri (W), Mumbai, Maharashtra, India – 400053
  • Industry
    Energy and Power, Power Equipment Manufacturers
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Financials, compliance, directors, charges, ownership and filings for Microqual Techno Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Microqual Techno Limited FY 2011 filings available

Financial Statement Summary of Microqual Techno Limited

MetricsFY 2010-11
Profit and Loss Statement
Revenue from Operations••••
Other Income••••
Total Revenue••••
Cost of Materials Consumed••••
Employee Benefit Expense••••
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Other Expenses••••
Total Expenses••••
EBITDA••••
Profit Before Tax••••
Tax Expense••••
Net Profit (PAT)••••
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 of Microqual Techno Limited

MetricsFY 2010-11
Profitability
EBITDA Margin••••
Net Profit Margin••••
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 Microqual Techno are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Board of Directors of Microqual Techno Limited

Microqual Techno has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Mahesh Balkishan ChoudharyWhole-Time Director05 Aug 199927 Years 2 MonthsAs last reported
Balkishan Radhakishan ChoudharyAdditional Director25 Nov 201015 Years 10 MonthsAs last reported
Sayeedkhan Younuskhan KhanDirector12 Jul 201412 Years 2 MonthsAs last reported

Charges & Borrowings of Microqual Techno Limited

Open charges
₹283.66 Cr
Satisfied charges
₹114.1 Cr
Breakdown by lending institutions
3I Infotech Trusteeship Services Limited₹75.78 Cr
Yes Bank Limited₹42.00 Cr
Axis Bank Limited₹40.00 Cr
Idbi Bank Limited₹28.50 Cr
Standard Chartered Bank₹20.00 Cr
Others₹77.38 Cr
Latest charge details
DateLenderAmountStatus
05 Mar 2014Small Industries Development Bank of India₹15 CrOpen
21 Jun 2013New India Co-Operative Bank Ltd.₹5 CrOpen
15 Mar 2013Tamilnad Mercantile Bank Limited₹1.48 CrOpen
12 Jun 2012Sbi Global Factors Limited₹5 CrOpen
22 Mar 2012Tamilnad Mercantile Bank Limited₹4 CrOpen

Total charge records: 30 View all charges

Deals & Funding of Microqual Techno Limited

Microqual Techno Limited has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹89.64 Cr; the latest was in June 2014.

Total deals
5
Funding rounds
3
Secondary share transfers
2
Disclosed funding
₹89.64 Cr

Deals on record (3 of 5)

WhenDealAmountParties
Jun 2014Secondary share transferUndisclosedSeller: HPEF Capital Partners Limited
Nov 2010Funding round₹38 CrInvestors: HPEF Capital Partners Limited
Sep 2006Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
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Full deal history

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

Associated Brands with Microqual Techno Limited

Microqual Techno operates one associated brand: Microequal. Each brand links to its own profile.

BrandDescriptionWebsite
Telecom equipment is manufactured and infrastructure services are provided.microqual.com

Employees and EPFO Compliance at Microqual Techno Limited

Employment history and EPFO contributions of people linked to Microqual Techno.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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CIN History of Microqual Techno Limited

Microqual Techno has one previous CIN (Corporate Identification Number): U32200MH1999PTC121164. The current CIN is U32200MH1999PLC121164, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U32200MH1999PLC121164Current
U32200MH1999PTC121164Previous

Recent Activity on Microqual Techno Limited

Microqual Techno Limited has 19 board changes on record since 1999: 3 appointments and 16 cessations. The latest: Sayeedkhan Younuskhan Khan was appointed as Director on 12 Jul 2014.

Appointed
Sayeedkhan Younuskhan Khan was appointed as Director.
Ceased
Sushilkumar Poonamchand Choudhary ceased to be Director.
Charges
A charge with Small Industries Development Bank Of India amounted to Rs. 15.00 Cr with Charge ID 10481224 was registered on 05 Mar 2014.
Charges
A charge registered on 23 Feb 2011 via Charge ID 10276582 with Export-Import Bank Of India was fully satisfied on 02 Aug 2013.
Charges
A charge registered on 26 Apr 2011 via Charge ID 10290747 with S. E. Investments Limited was fully satisfied on 31 Jul 2013.
Charges
A charge registered on 26 Apr 2011 via Charge ID 10290695 with S. E. Investments Limited was fully satisfied on 31 Jul 2013.
Charges
A charge registered on 26 Apr 2011 via Charge ID 10290741 with S. E. Investments Limited was fully satisfied on 31 Jul 2013.
Charges
A charge with New India Co-Operative Bank Ltd. amounted to Rs. 5.00 Cr with Charge ID 10435588 was registered on 21 Jun 2013.
Ceased
Varun Premchand Choudhary ceased to be Whole-Time Director.
Ceased
Subhash Vishwanath Baliga ceased to be Additional Director.
Ceased
Kumar Shiralagi ceased to be Nominee Director.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 1.48 Cr with Charge ID 10425125 was registered on 15 Mar 2013.

61 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Microqual Techno Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Microqual Techno Limited

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MSME payment history

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Subsidiaries & Group Companies of Microqual Techno Limited

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Corporate group structure

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GST Compliance of Microqual Techno Limited

Microqual Techno has 10 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
10
Cancelled / inactive
10
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Microqual Techno Limited

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MCA filings and documents

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Frequently Asked Questions about Microqual Techno Limited

Microqual Techno is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.

Microqual Techno is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 05 August 1999 and is registered under CIN U32200MH1999PLC121164. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Microqual Techno has 3 current directors:

The CIN (Corporate Identification Number) of Microqual Techno is U32200MH1999PLC121164. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Microqual Techno has open charges of ₹283.66 Cr and satisfied charges of ₹114.1 Cr as per latest MCA filings.

Microqual Techno has 75 court cases on record: 9 filed by the company and 66 filed against it. 7 are pending. Most are in the district courts.

Microqual Techno was incorporated on 05 August 1999. It is registered with the Registrar of Companies, Mumbai.

Microqual Techno has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹89.64 Cr; the latest was in June 2014.

Sayeedkhan Younuskhan Khan was appointed as Director on 12 Jul 2014. Sushilkumar Poonamchand Choudhary ceased to be Director on 12 Jul 2014. Varun Premchand Choudhary ceased to be Whole-Time Director on 29 May 2013. Microqual Techno has 19 board changes on record in total.

Microqual Techno can be reached through the website microqual.com. Its registered office is in Mumbai, Maharashtra, India.

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