About Microvision Technologies Private Limited
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Microvision Technologies Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 10 October 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31110MH2005PTC156635. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Priti Atul Dhadiwal and Atul Nemichand Dhadiwal.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at F No.2 Suraj Enclave Pl 34 Mahatma Nagar, Nashik, Maharashtra, India – 422007.
As per the financials filed for FY 2020, the company reported a revenue of ₹6.46 Lakh, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹29.02 Lakh (net margin -448.9%) and EBITDA of -₹24.65 Lakh (EBITDA margin -381.2%). Revenue has declined at a compounded annual rate (CAGR) of 67% over three years and 52% over five years.
As per MCA filings, the company has open charges of ₹25 Lakh and satisfied charges of ₹3.68 Cr on record. Court records list 43 cases involving the company, including 32 filed by the company and 11 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website microvisionindia.co.in.
Company details
Contact details
Microvision Technologies Private Limited's registered office is in Nashik, Maharashtra. Its website is microvisionindia.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressF No.2 Suraj Enclave Pl 34 Mahatma Nagar, Nashik, Maharashtra, India – 422007
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Microvision Technologies 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 Microvision Technologies is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Microvision Technologies Private Limited, buy the company report.
Financials of Microvision Technologies Private Limited
FY 2020 filings availableMicrovision Technologies Private Limited reported revenue of ₹6.46 Lakh (down 73% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 52% over five years, including a 73% fall 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | -₹24.65 Lakh | ||||
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| Net Profit (PAT) | -₹29.02 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | -381.2% | ||||
| Net Profit Margin | -448.9% | ||||
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To see the full financial statements and ratios of Microvision Technologies Private Limited, buy the company report.
Board of directors of Microvision Technologies Private Limited
Microvision Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priti Atul Dhadiwal | Director | 10 Oct 2005 | 21 Years 0 Months | Current |
| Atul Nemichand Dhadiwal | Director | 10 Oct 2005 | 21 Years 0 Months | Current |
Auditor
Microvision Technologies Private Limited is audited by SANJEEV S. JAIN & COMPANY for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJEEV S. JAIN & COMPANY | FY 2015 | 105167 |
Shareholding
The shareholding of Microvision Technologies Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Microvision Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Mar 2017 | 100084210 | Others | ₹25 Lakh | Open | |
| 14 Aug 2014 | 10521884 | Punjab National Bank | ₹40 Lakh | Satisfied | |
| 11 Jun 2014 | 10521882 | Punjab National Bank | ₹15 Lakh | Satisfied | |
| 03 Jul 2013 | 10438961 | Bank of Maharashtra | ₹50 Lakh | Satisfied | |
| 19 Jan 2013 | 10407038 | Indian Overseas Bank | ₹50 Lakh | Satisfied |
To see the full charge records of Microvision Technologies Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Microvision Technologies Private Limited has 43 court cases on record: 32 filed by Microvision Technologies, 11 filed against it. 4 cases are pending and 39 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 7 | 4 |
| High courts | 19 | 4 | 0 |
| Supreme Court | 5 | 0 | 0 |
Cases on record (5 of 43)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nashik, Maharashtra | Arbitration matter | Filed against the company by M/S Shriram City Union Finance Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Shriram City Union Finance Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed against the company by Shriram City Union Finance Ltd | Disposed |
| District court, Nashik, Maharashtra | Civil suit | Filed against the company by Bajaj Finance Limited Yogesh Pandrang Revgade | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Autometers Alliance Ltd | Disposed |
To see the full case history of Microvision Technologies 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 Microvision Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Microvision Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Microvision Technologies Private Limited, buy the company report.
Recent activity
Microvision Technologies Private Limited has 3 board changes on record since 2005: 2 appointments and 1 cessation. The latest: Eknath Ramchandra Nikam ceased to be Director on 02 Apr 2010.
7 earlier events are in the company report.
Frequently asked questions
Microvision Technologies is an active private limited company based in Nashik, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 10 October 2005 (21+ years old) and is registered under CIN U31110MH2005PTC156635.
Microvision Technologies has 2 current directors:
- Priti Atul Dhadiwal - Director
- Atul Nemichand Dhadiwal - Director
The latest financial statements of Microvision Technologies on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Microvision Technologies has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Microvision Technologies is U31110MH2005PTC156635. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Microvision Technologies has 43 court cases on record: 32 filed by the company and 11 filed against it. 4 are pending. Most are in the district courts.
Microvision Technologies was incorporated on 10 October 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Eknath Ramchandra Nikam ceased to be Director on 02 Apr 2010. Atul Nemichand Dhadiwal was appointed as Director on 10 Oct 2005. Priti Atul Dhadiwal was appointed as Director on 10 Oct 2005.
Microvision Technologies can be reached through the website microvisionindia.co.in. Its registered office is in Nashik, Maharashtra, India.
The registered office of Microvision Technologies is at F No.2 Suraj Enclave Pl 34 Mahatma Nagar, Nashik, Maharashtra, India – 422007.
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