Mips Information Technology Limited Company Logo

Mips Information Technology Limited - Company Profile

It is a information technology public limited company based in Bangalore, Karnataka, India, established in 1994.

1994 | Bangalore, Karnataka, India | Active
Last Updated:

About Mips Information Technology Limited

Mips Information Technology Limited, a active public limited company, was established on 20 January 1994 in Bangalore, Karnataka, India. Engaging in it consulting & support services within the information and communication sector, it holds CIN: U85110KA1994PLC015138. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹2.50 Cr and a paid-up capital of ₹1.13 Cr.

It upholds a compliant status. Employing 9 professional, Its leadership includes Keerthi Kumar (Director), Geetha Gurudatta Prabhu (Director), Gurudatta M Prabhu (Whole-Time Director). Past directors included Krishnaswamy Vadivelu Saravanan, Ajit Aravind Prabhu. It holds ₹1.40 M open charges and ₹7.00 M settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at # 313A , 2Nd Floordr Siddaiah Puranik Road 3Rd Stage, 4Th Block, Basaveshwarnagar, Bangalore, Karnataka, 560079.

Company Details

  • CIN/LLPIN

    U85110KA1994PLC015138

  • Registration Number

    015138

  • Incorporation Date

    20 January 1994

  • Authorized Capital

    ₹2.50 Cr

  • Paid-Up Capital

    ₹1.13 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 1.13 Cr
  • Company Age 31 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.40 M
  • Satisfied Charges ₹ 7.00 M
  • Revenue Growth 208.21%
  • Profit Growth 335.98%
  • Ebitda 557.60%
  • Net Worth 21.95%
  • Total Assets 30.54%
Company report

Mips Information Technology Limited

Company Report FY 2025-2026

Explore comprehensive insights into Mips Information Technology 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 Mips Information Technology Limited?

Current Directors

NameDesignationAppointment DateStatus
Keerthi KumarDirector12 Feb 2007Current
Geetha Gurudatta PrabhuDirector04 Dec 2007Current
Gurudatta M PrabhuWhole-Time Director20 Jan 1994Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddWhole-Time Director04 Dec 2007Past
Pramod AbcsddDirector12 Feb 2007Past

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Financial Performance of Mips Information Technology.

Mips Information Technology Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 208.21% increase. The company also saw a substantial improvement in profitability, with a 335.98% increase in profit. The company's net worth Soared by an impressive increase of 21.95%.

Mips Information Technology revenue growth over time
Mips Information Technology profit and loss trends over time
  • 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
208.21%
Revenue from Operations
208.41%
Total Assets
30.54%
Profit or Loss
335.98%
Net Worth
21.95%
EBITDA
557.60%

What is the Ownership and Shareholding Structure of Mips Information Technology?

In 2020, Mips Information Technology had a promoter holding of 70.15% and a public holding of 29.85%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹1,400,000.00

Satisfied Charges

₹7,000,000.00

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.14 Cr

Latest Charge Details

DateLenderAmountStatus
19 Jan 2011Canara Bank₹1.40 MOpen
13 May 2009Canara Bank₹1.00 MSatisfied
27 Jan 2000Canara Bank₹3.00 MSatisfied
27 Jan 2000Canara Bank₹3.00 MSatisfied

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How Many Employees Work at Mips Information Technology?

Mips Information Technology has a workforce of 9 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Mips Information Technology Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mips Information Technology, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mips Information Technology's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Mips Information Technology

Recent Activity within the Organization

  • Annual General Meeting

    The activity Mips Information Technology Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Mips Information Technology Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was completed.

  • Charges

    A charge registered on 13 May 2009 via Charge ID 10163693 with Canara Bank was fully satisfied on 23 Oct 2014. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 27 Jan 2000 via Charge ID 90199302 with Canara Bank was fully satisfied on 23 Oct 2014. was documented.

  • Charges

    Progress on A charge registered on 27 Jan 2000 via Charge ID 90197683 with Canara Bank was fully satisfied on 23 Oct 2014. was documented.

  • Charges

    The activity A charge with Canara Bank amounted to Rs. 0.14 Cr with Charge ID 10265531 was registered on 19 Jan 2011. was completed.

Frequently Asked Questions

  • What is the CIN of Mips Information Technology Limited?

    The CIN of Mips Information Technology Limited is U85110KA1994PLC015138.

  • Where is Mips Information Technology Limited headquartered?

    Mips Information Technology Limited is headquartered at # 313A , 2Nd Floordr Siddaiah Puranik Road 3Rd Stage, 4Th Block, Basaveshwarnagar, Bangalore, Karnataka, 560079.

  • When was Mips Information Technology Limited incorporated?

    Mips Information Technology Limited was incorporated on 20 January 1994.

  • Who are the current directors of Mips Information Technology Limited?

    The current directors of Mips Information Technology Limited are

  • What is the primary industry of Mips Information Technology Limited?

    The primary industry of Mips Information Technology Limited is Information And Communication.

  • Is Mips Information Technology Limited a listed company?

    Mips Information Technology Limited is unlisted.

  • What is the capital structure of Mips Information Technology Limited?

    The authorized capital of Mips Information Technology Limited is ₹2.50 Cr, and the paid-up capital is ₹1.13 Cr.

  • What is the compliance status of Mips Information Technology Limited?

    The compliance status of Mips Information Technology Limited is Compliant.

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