Mightquite Technology Private Limited
About Mightquite Technology Private Limited
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Mightquite Technology Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 30 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72900MP2020PTC052087. Its GSTIN is 23AANCM6591L1ZU (Madhya Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹30,000. It is led by directors Amit Kumar (Managing Director) and Sanjay Kumar Choudhary.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Indore, Madhya Pradesh.
As per the financials filed for FY 2023, the company reported a revenue of ₹11.3 Lakh, a growth of 38% compared to the previous year. For the same year it recorded a net loss of ₹5.71 Lakh (net margin -50.5%) and EBITDA of -₹5.32 Lakh (EBITDA margin -47.1%).
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- Registered AddressOffice No: 213 Krishna Business Canter Pu/ – 4 Scheme N, O 54, Indore, Madhya Pradesh, India – 451020
- IndustryInformation Technology, Other Computer Related Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Mightquite Technology Private Limited
The main business activity of Mightquite Technology is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Mightquite Technology Private Limited FY 2023 filings available
Mightquite Technology Private Limited reported revenue of ₹11.3 Lakh (up 38% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Mightquite Technology Private Limited
Revenue rose 38% in the latest year. EBITDA fell 173% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Mightquite Technology Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| 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 | -₹5.32 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.71 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 of Mightquite Technology Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -47.1% | •••• | •••• |
| Net Profit Margin | -50.5% | •••• | •••• |
| 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 Mightquite Technology are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Mightquite Technology Private Limited
Mightquite Technology Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Xratos Labs Private Limited | ₹11.32 Lakh (FY 2025) | •••• | •••• | 244.0% | •••• | Pune, Maharashtra, India |
| Five Fly Private Limited | ₹11.32 Lakh (FY 2025) | •••• | •••• | 68.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Larix Consultants Private Limited | ₹11.31 Lakh (FY 2025) | •••• | •••• | 15.0% | •••• | Gurugram, Haryana, India |
| Eckstein Technologies Private Limited | ₹11.31 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | New Delhi, Delhi, India |
| Asr Consulting Services Private Limited | ₹11.3 Lakh (FY 2023) | •••• | •••• | -88.0% | •••• | Gurgaon, Haryana, India |
| Mightquite Technology Private Limited this company | ₹11.3 Lakh (FY 2023) | •••• | •••• | 38.0% | •••• | Indore, Madhya Pradesh, India |
| Camphor Solutions Private Limited | ₹11.3 Lakh (FY 2024) | •••• | •••• | 155.0% | •••• | Delhi, India |
| Navira & Nand Technologies Private Limited | ₹11.3 Lakh (FY 2022) | •••• | •••• | •••• | Patna, Bihar, India | |
| Votivesoft Business Solutions Private Limited | ₹11.3 Lakh (FY 2024) | •••• | •••• | -39.0% | •••• | Hyderabad, Telangana, India |
| Purala Tech Consulting Services Private Limited | ₹11.3 Lakh (FY 2020) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Sopraa Technical Solutions Private Limited | ₹11.3 Lakh (FY 2020) | •••• | •••• | •••• | Ghaziabad, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Mightquite Technology by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Mightquite Technology Private Limited
Mightquite Technology has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Kumar | Managing Director | 30 Jul 2020 | 6 Years 2 Months | Current |
| Sanjay Kumar Choudhary | Director | 01 May 2023 | 3 Years 5 Months | Current |
Ownership and Shareholding of Mightquite Technology Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mightquite Technology Private Limited
Mightquite Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mightquite Technology Private Limited
Mightquite Technology Private Limited has a workforce of 0 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Mightquite Technology Private Limited
Mightquite Technology Private Limited has 6 board changes on record since 2020: 2 appointments and 4 cessations. The latest: Sanjay Kumar Choudhary ceased to be Additional Director on 29 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Mightquite Technology Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Mightquite Technology Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mightquite Technology Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Mightquite Technology Private Limited
Mightquite Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AANCM6591L1ZU | Madhya Pradesh | Active | 29 Apr 2022 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mightquite Technology Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Mightquite Technology Private Limited
Mightquite Technology is an active private limited company based in Indore, Madhya Pradesh, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 30 July 2020 (6+ years old) and is registered under CIN U72900MP2020PTC052087.
Mightquite Technology reported revenue of ₹11.3 Lakh for FY 2023 (up 38% YoY).
Mightquite Technology has 2 current directors:
- Amit Kumar - Managing Director
- Sanjay Kumar Choudhary - Director
Mightquite Technology reported a net loss of ₹5.71 Lakh (net margin -50.5%) and EBITDA of -₹5.32 Lakh (EBITDA margin -47.1%) for FY 2023, as per its filed financial statements.
The GSTIN of Mightquite Technology is 23AANCM6591L1ZU, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Mightquite Technology is U72900MP2020PTC052087. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mightquite Technology was incorporated on 30 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Mightquite Technology by revenue are Xratos Labs Private Limited, Five Fly Private Limited, Larix Consultants Private Limited, Eckstein Technologies Private Limited, Asr Consulting Services Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Sanjay Kumar Choudhary ceased to be Additional Director on 29 Sep 2023. Pallavi Patidar ceased to be Director on 01 May 2023. Sanjay Kumar Choudhary was appointed as Director on 01 May 2023. Mightquite Technology has 6 board changes on record in total.
The registered office of Mightquite Technology is at Office No: 213 Krishna Business Canter Pu – 4 Scheme N, O 54, Indore, Madhya Pradesh, India – 451020.
Mightquite Technology has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹30,000.