Mifa Systems Private Limited - Company Profile

It is a consumer electronics & durables private limited company based in Ahmedabad, Gujarat, India, established in 1996.
1996 Ahmedabad, Gujarat, India Active
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About Mifa Systems Private Limited

Mifa Systems Private Limited, a active private limited company, was established on 14 August 1996 in Ahmedabad, Gujarat, India. Engaging in electronic appliances retail & distribution within the manufacturing sector, it holds CIN: U31109GJ1996PTC030494. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.18 M.

It upholds a compliant status. Its leadership includes Abhay Shrinivas Upadhye (Whole-Time Director), Darshak Hareshbhai Kapadia (Managing Director), Jyoti Abhay Upadhye (Whole-Time Director). Past directors included Abhay Shrinivas Upadhye, Darshak Hareshbhai Kapadia, Jyoti Abhay Upadhye. It holds ₹4.99 Cr open charges and no settled loans. Its latest AGM occurred on 11 September 2025, with the balance sheet filed on 31 March 2025. It is based at C/03, Akshardham Ind. Estate ,B/S, Panchratna Ind. Estate,Ramol Over Bridge,Ramol Ta:D, Askoi, Ahmedabad, Gujarat, 382445.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U31109GJ1996PTC030494

  • Registration Number

    030494

  • Incorporation Date

    14 August 1996

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.18 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.18 M
  • Company Age 29 Year, 6 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 4.99 Cr
  • Revenue Growth **** -30.00%
  • Profit Growth **** -78.32%
  • Ebitda **** -74.74%
  • Net Worth 3.67%
  • Total Assets **** 8.22%
Company report

Mifa Systems Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Mifa Systems Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Mifa Systems Private Limited?
Current Directors
Name Designation Appointment Date Status
Abhay Shrinivas Upadhye Whole-Time Director 14 Aug 1996 Current
Darshak Hareshbhai Kapadia Managing Director 14 Aug 1996 Current
Jyoti Abhay Upadhye Whole-Time Director 11 Jul 2013 Current
Falguni Darshak Kapadia Whole-Time Director 11 Jul 2013 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 02 Apr 2018 Past
Pramod Abcsdd Director 02 Apr 2018 Past
Pramod Abcsdd Director 31 May 2023 Past
Pramod Abcsdd Director 31 May 2023 Past

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Financial Performance of Mifa Systems.

Mifa Systems Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 30% decrease. The company also saw a substantial fall in profitability, with a 78.32% decrease in profit. The company's net worth moved up by a moderate rise of 3.67%.

Mifa Systems revenue growth over time
Mifa Systems profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -30.00%
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*******
*******
*******
Revenue from Operations
*******
 -30.68%
*******
*******
*******
*******
Total Assets
*******
 8.22%
*******
*******
*******
*******
Profit or Loss
*******
 -78.32%
*******
*******
*******
*******
Net Worth
*******
 3.67%
*******
*******
*******
*******
EBITDA
*******
 -74.74%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Mifa Systems?

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Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹49,900,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 4.99 Cr
Latest Charge Details
Date Lender Amount Status
07 Mar 2015 Hdfc Bank Limited ₹2.49 Cr Open
29 Mar 2014 Hdfc Bank Limited ₹2.50 Cr Open

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How Many Employees Work at Mifa Systems?

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Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Mifa Systems
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Mifa Systems Private Limited last Annual general meeting of members was held on 11 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Mifa Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was completed.

  • Charges

    Progress on A charge with Hdfc Bank Limited of Rs. 24.90 M registered on 07 Mar 2015 with Charge ID 10553266 was modified on 12 Jan 2021. was documented.

  • Charges

    The activity A charge with Hdfc Bank Limited of Rs. 25.00 M registered on 29 Mar 2014 with Charge ID 10486735 was modified on 15 Dec 2017. was completed.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 24.90 M with Charge ID 10553266 was registered on 07 Mar 2015. was documented.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 25.00 M with Charge ID 10486735 was registered on 29 Mar 2014. was documented.

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Frequently Asked Questions
What is the CIN of Mifa Systems Private Limited?

The CIN of Mifa Systems Private Limited is U31109GJ1996PTC030494.

Where is Mifa Systems Private Limited headquartered?

Mifa Systems Private Limited is headquartered at C/03, Akshardham Ind. Estate ,B/S, Panchratna Ind. Estate,Ramol Over Bridge,Ramol Ta:D, Askoi, Ahmedabad, Gujarat, 382445.

When was Mifa Systems Private Limited incorporated?

Mifa Systems Private Limited was incorporated on 14 August 1996.

Who are the current directors of Mifa Systems Private Limited?

The current directors of Mifa Systems Private Limited are

What is the primary industry of Mifa Systems Private Limited?

The primary industry of Mifa Systems Private Limited is Manufacturing.

Is Mifa Systems Private Limited a listed company?

Mifa Systems Private Limited is unlisted.

What is the capital structure of Mifa Systems Private Limited?

The authorized capital of Mifa Systems Private Limited is ₹1.00 M, and the paid-up capital is ₹0.18 M.

What is the compliance status of Mifa Systems Private Limited?

The compliance status of Mifa Systems Private Limited is Compliant.

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