Microstar System Private Limited

Microstar System Private Limited - trading in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
CIN U74999TN2011PTC081451 Incorporated 11 July 2011 ROC Chennai HQ Chennai, Tamil Nadu, India
Struck Off Private Limited Company trading
Data last updated
Revenue · FY 2018
₹40.32 Lakh
▼ 43% YoY
Net loss · FY 2018
₹24.19 Lakh
Net margin -60%
EBITDA · FY 2018
-₹19.15 Lakh
EBITDA margin -47.5%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹49.16 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Directors on board
3
As per MCA filings
GST registrations
1
None active

About Microstar System Private Limited

Data last updated:

Microstar System Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the retail trade segment of the trading and commerce sector. It was incorporated on 11 July 2011.

The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2011PTC081451. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹49.16 Lakh. It was led by directors including Raja (Managing Director) and Kaladipet Venkatesan Leelavathy.

Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at W – 104 2nd Floor II Avenue Anna Nagar, Chennai, Tamil Nadu, India – 600040.

As per the financials filed for FY 2018, the company reported a revenue of ₹40.32 Lakh, a decline of 43% compared to the previous year. For the same year it recorded a net loss of ₹24.19 Lakh (net margin -60%) and EBITDA of -₹19.15 Lakh (EBITDA margin -47.5%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years.

Company details

CIN U74999TN2011PTC081451
Registration Number 081451
Incorporation Date 11 July 2011
ROC Chennai
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 29 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Compliant

Contact details

Microstar System Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    W – 104 2nd Floor II Avenue Anna Nagar, Chennai, Tamil Nadu, India – 600040
  • Industry
    Trading, Retailers, Retail Trading

To see the full contact details of Microstar System Private Limited, buy the company report.

Comprehensive company report
Microstar System Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Microstar System is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Microstar System Private Limited, buy the company report.

Financials of Microstar System Private Limited

FY 2018 filings available

Microstar System Private Limited reported revenue of ₹40.32 Lakh (down 43% YoY) for FY 2018.

Revenue · FY 2018
₹40.32 Lakh ▼ 43%
Net loss · FY 2018
₹24.19 Lakh margin -60%
EBITDA · FY 2018
-₹19.15 Lakh margin -47.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 43%
3 years · compounded
▼ 28%
EBITDA CAGR growth
1 year
▼ 305%
3 years · compounded
▼ 66%

Revenue has declined at a compounded annual rate (CAGR) of 28% over three years, including a 43% fall in the latest year. EBITDA fell 305% 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

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
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-₹19.15 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹24.19 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
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-47.5%
Net Profit Margin-60%
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 Microstar System Private Limited, buy the company report.

Board of directors of Microstar System Private Limited

Microstar System has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
RajaManaging Director30 Jun 201214 Years 3 MonthsAs last reported
Kaladipet Venkatesan LeelavathyDirector11 Jan 20179 Years 9 MonthsAs last reported
Raja SathyapriyaDirector11 Jul 201115 Years 3 MonthsAs last reported

Peer comparison

Microstar System Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Nlmatics India Private Limited₹40.35 Lakh (FY 2024)-43.0%Pune, Maharashtra, India
Explobi Technologies Private Limited₹40.35 Lakh (FY 2024)6.0%Thuvakudirnalai, Trichv, Tamil Nadu, India
Prismhub Online Solutions Private Limited₹40.34 Lakh (FY 2025)10.0%Kolkata, West Bengal, India
Microstar System Private Limitedthis company₹40.32 Lakh (FY 2018)-₹24.19 Lakh-60%-43.0%Chennai, Tamil Nadu, India
Elysium Infoservices Private Limited₹40.32 Lakh (FY 2024)-58.0%Thiruvananthapuram, Kerala, India
Tecrizon Labs Private Limited₹40.31 Lakh (FY 2016)59.0%Thrissur, Kerala, India
Par3 Software Solutions Private Limited₹40.31 Lakh (FY 2018)48.0%Chennai, Tamil Nadu, India
Destinee Visaworld Private Limited₹40.29 Lakh (FY 2016)26.0%Vadodara, Gujarat, India

To see the full peer comparison of Microstar System Private Limited, buy the company report.

Auditor

Microstar System Private Limited is audited by K. SRIHARI NAIDU & CO. for the financial year 2017.

Auditor firmFinancial yearFirm registration number
K. SRIHARI NAIDU & CO.FY 2017006319S

Shareholding

The shareholding of Microstar System Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Microstar System Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Microstar System Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Microstar System has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Microstar System Private Limited, buy the company report.

Recent activity

Microstar System Private Limited has 7 board changes on record since 2011: 3 appointments and 4 cessations. The latest: Kaladipet Venkatesan Leelavathy ceased to be Additional Director on 30 Sep 2017.

AGM
Microstar System Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
Filing
Microstar System Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Chennai.
Ceased
Kaladipet Venkatesan Leelavathy ceased to be Additional Director.
Appointed
Kaladipet Venkatesan Leelavathy was appointed as Director.
Ceased
Raja ceased to be Managing Director.
Ceased
Yoganandam Narasimman ceased to be Additional Director.
Appointed
Raja was appointed as Managing Director.
Ceased
Shanthi Sadhv Sivakumar ceased to be Director.
Appointed
Raja Sathyapriya was appointed as Director.
Incorporation
11 Jul 2011
Microstar System Private Limited was registered on 11 Jul 2011 with Roc Chennai & aged 15 years 3 months as per MCA records.

Frequently asked questions

Microstar System has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Microstar System was a private limited company based in Chennai, Tamil Nadu, India. The company worked in retailers, within the trading industry. It was incorporated on 11 July 2011 and is registered under CIN U74999TN2011PTC081451. The company has been struck off by the Registrar of Companies and is no longer operational.

Microstar System had 3 directors:

The CIN (Corporate Identification Number) of Microstar System is U74999TN2011PTC081451. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Microstar System is at W – 104 2nd Floor II Avenue Anna Nagar, Chennai, Tamil Nadu, India – 600040.

Microstar System was incorporated on 11 July 2011. It is registered with the Registrar of Companies, Chennai.

The latest financial statements of Microstar System on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.

No. Microstar System has 1 GST registration on record and it is cancelled or inactive.

Microstar System operated in the trading industry, in the retailers segment. It worked in this industry before it was struck off.

The peers of Microstar System by revenue are Nlmatics India Private Limited, Explobi Technologies Private Limited, Prismhub Online Solutions Private Limited, Elysium Infoservices Private Limited, Tecrizon Labs Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).

Kaladipet Venkatesan Leelavathy ceased to be Additional Director on 30 Sep 2017. Kaladipet Venkatesan Leelavathy was appointed as Director on 11 Jan 2017. Raja ceased to be Managing Director on 11 Jan 2017. Microstar System has 7 board changes on record in total.