Mipro International Private Limited
About Mipro International Private Limited
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Mipro International Private Limited is a private limited company based in Dharwad, Karnataka, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 13 July 1976 and has been in existence for over 50 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U01113KA1976PTC003027. Its GSTIN is 29AABCM2203P1ZD (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24.47 Lakh. It is led by directors including Sandeep Sirur and Suman Shyam Sirur.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at N H #4 R S 110 Industrial Area Sattur, Dharwad, Karnataka, India – 580002.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.8 Lakh, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹3.38 Lakh (net margin 31.3%) and EBITDA of ₹4.55 Lakh (EBITDA margin 42.1%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 13% over five years.
As per MCA filings, the company has satisfied charges of ₹18 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mipro International Private Limited's registered office is in Dharwad, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressN H #4 R S 110 Industrial Area Sattur, Dharwad, Karnataka, India – 580002
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Mipro International 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 Mipro International is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Mipro International Private Limited, buy the company report.
Financials of Mipro International Private Limited
FY 2024 filings availableMipro International Private Limited reported revenue of ₹10.8 Lakh (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 17% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 13%. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.55 Lakh | ||||
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| Net Profit (PAT) | ₹3.38 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 42.1% | ||||
| Net Profit Margin | 31.3% | ||||
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To see the full financial statements and ratios of Mipro International Private Limited, buy the company report.
Board of directors of Mipro International Private Limited
Mipro International has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Sirur Also directs: Sibella Private Limited, Ruris Tecnal Extraction Systems Private Limited, Miven Mayfran Conveyors Private Limited and 1 more | Director | 25 Jul 2014 | 12 Years 3 Months | Current |
| Suman Shyam Sirur Also directs: Cotmac Private Limited, Cotmac Electronics Private Limited, Sibella Private Limited and 2 more | Director | 25 Jul 2014 | 12 Years 3 Months | Current |
| Shyam Mohan Sirur Also directs: Cotmac Private Limited, N A Sirur(Hubli)Private Limited, Cotmac Precision Castings Private Limited and 5 more | Director | 01 Nov 1976 | 50 Years 0 Months | Current |
| Arjun Shyam Sirur Also directs: Cotmac Private Limited, Cotmac Precision Castings Private Limited, Cotmac Electronics Private Limited and 5 more | Director | 25 Jul 2014 | 12 Years 3 Months | Current |
| Vikram Raghavesh Sirur Also directs: N A Sirur(Hubli)Private Limited, Sibella Private Limited, Ruris Tecnal Extraction Systems Private Limited and 3 more | Director | 19 Feb 1998 | 28 Years 8 Months | Current |
Peer comparison
Mipro International Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Noormal Estates Private Limited | ₹10.81 Lakh (FY 2025) | -5.0% | Howrah, West Bengal, India | |||
| HPT Properties Private Limited | ₹10.8 Lakh (FY 2024) | -2.0% | New Delhi, Delhi, India | |||
| Madhusmruti Real Estates Private Limited | ₹10.8 Lakh (FY 2025) | -92.0% | Nagpur, Maharashtra, India | |||
| Mipro International Private Limitedthis company | ₹10.8 Lakh (FY 2025) | ₹3.38 Lakh | 31.3% | 17.0% | Dharwad, Karnataka, India | |
| Misha Infradevelopers Private Limited | ₹10.77 Lakh (FY 2025) | 2.0% | New Delhi, Delhi, India |
To see the full peer comparison of Mipro International Private Limited, buy the company report.
Auditor
Mipro International Private Limited is audited by H K APARANJI CHARTERED ACCOUNTANTS for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H K APARANJI CHARTERED ACCOUNTANTS | FY 2023 | 000199S |
Shareholding
The shareholding of Mipro International Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mipro International Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Apr 2006 | 10006505 | The Shamrao Vithal Co-Operative Bank Limited | ₹18 Lakh | Satisfied |
To see the full charge records of Mipro International Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Mipro International Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by The Karnataka Industrial Area Development Board | Disposed |
To see the full case history of Mipro International 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 Mipro International Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Mipro International has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Mipro International Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Mipro International has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCM2203P1ZD | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mipro International Private Limited, buy the company report.
Recent activity
Mipro International Private Limited has 10 board changes on record since 1976: 5 appointments and 5 cessations. The latest: Vivek Raghawesha Sirur ceased to be Managing Director on 30 Dec 2022.
3 earlier events are in the company report.
Frequently asked questions
Mipro International is an active private limited company based in Dharwad, Karnataka, India. The company works in real estate financing, within the financial services industry. It was incorporated on 13 July 1976 (50+ years old) and is registered under CIN U01113KA1976PTC003027.
Mipro International has 5 current directors:
- Sandeep Sirur - Director
- Suman Shyam Sirur - Director
- Shyam Mohan Sirur - Director
- Arjun Shyam Sirur - Director
- Vikram Raghavesh Sirur - Director
The latest financial statements of Mipro International on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mipro International is 29AABCM2203P1ZD, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Mipro International is U01113KA1976PTC003027. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mipro International has 1 court case on record: 1 filed against it.
Mipro International was incorporated on 13 July 1976, making it 50+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Mipro International by revenue are Noormal Estates Private Limited, HPT Properties Private Limited, Madhusmruti Real Estates Private Limited, Misha Infradevelopers Private Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities).
Vivek Raghawesha Sirur ceased to be Managing Director on 30 Dec 2022. Arjun Shyam Sirur was appointed as Director on 25 Jul 2014. Sandeep Sirur was appointed as Director on 25 Jul 2014. Mipro International has 10 board changes on record in total.
The registered office of Mipro International is at N H #4 R S 110 Industrial Area Sattur, Dharwad, Karnataka, India – 580002.
Mipro International operates in the financial services industry, in the real estate financing segment.
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