Mips Web Services Private Limited
About Mips Web Services Private Limited
Data last updated:
Mips Web Services Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 12 September 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U72200TZ2000PTC009481. Its GSTIN is 33AADCM3693D1ZN (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mohanasundari and Sankaralingam Kasi Viswanathan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 57 Mullai Nagarthird Street P N Pudur Post, Coimbatore, Tamil Nadu, India – 641041.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.97 Cr, a decline of 49% compared to the previous year. For the same year it recorded a net loss of ₹36.17 Lakh (net margin -12.2%) and EBITDA of ₹14.56 Lakh (EBITDA margin 4.9%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years and 4% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.1 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address57 Mullai Nagarthird Street P N Pudur Post, Coimbatore, Tamil Nadu, India – 641041
- IndustryInformation Technology, Web Design & Maintenance Services
- 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 Mips Web Services Private Limited
The main business activity of Mips Web Services is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | 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 Mips Web Services Private Limited FY 2025 filings available
Mips Web Services Private Limited reported revenue of ₹2.97 Cr (down 49% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Mips Web Services Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 49% fall in the latest year. EBITDA fell 90% 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 of Mips Web Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹14.56 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹36.17 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 Mips Web Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -12.2% | •••• | •••• | •••• | •••• |
| 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 Mips Web Services are in the company report.
Financial statements from 2015
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.
Board of Directors of Mips Web Services Private Limited
Mips Web Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohanasundari Also directs: Hiringbees India Private Limited | Director | 15 Mar 2006 | 20 Years 7 Months | Current |
| Sankaralingam Kasi Viswanathan Also directs: Hiringbees India Private Limited | Director | 15 Mar 2006 | 20 Years 7 Months | Current |
Peer Comparison of Mips Web Services Private Limited
Mips Web Services Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Website Design and Maintenance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 5 Elements Entertainment Private Limited | ₹3.01 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Chennai, Tamil Nadu, India |
| PCWT Softwares Private Limited | ₹3 Cr (FY 2025) | •••• | •••• | -46.0% | •••• | Madurai, Tamil Nadu, India |
| Etherlog Solutions Private Limited | ₹2.99 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Puducherry, India |
| Globehost India Private Limited | ₹2.97 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | Mandi Gobindgarh, Punjab, India |
| Reymould Technology Solutions Private Limited | ₹2.97 Cr (FY 2025) | •••• | •••• | 3064.0% | •••• | Hyderabad, Telangana, India |
| Mips Web Services Private Limited this company | ₹2.97 Cr (FY 2024) | •••• | •••• | -49.0% | •••• | Coimbatore, Tamil Nadu, India |
| Remote Programmer Private Limited | ₹2.96 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Kolkata, West Bengal, India |
| NLP Labs Private Limited | ₹2.95 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Bangalore, Karnataka, India |
| Vsira Digital OPC Private Limited | ₹2.93 Cr (FY 2018) | •••• | •••• | 103.0% | •••• | New Delhi, Delhi, India |
| Cantech Networks Private Limited | ₹2.92 Cr (FY 2025) | •••• | •••• | 140.0% | •••• | Bhavnagar, Gujarat, India |
| Iycworld Softinfrastructure Private Limited | ₹2.89 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Mips Web Services by revenue in the Information Technology industry (Website Design and Maintenance), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Mips Web Services Private Limited
Mips Web Services Private Limited is audited by GIRI & CO for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GIRI & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Mips Web Services 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 Mips Web Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 May 1991 | Industrial Reconstruction Bank of India | ₹1.1 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Mips Web Services Private Limited
Mips Web Services Private Limited has a workforce of 18 employees as of Apr 05, 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 Mips Web Services Private Limited
Mips Web Services Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Mohanasundari was appointed as Director on 15 Mar 2006.
Credit Ratings, Litigation & Regulatory Alerts for Mips Web Services 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 Mips Web Services 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 Mips Web Services 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 Mips Web Services Private Limited
Mips Web Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCM3693D1ZN | Tamil Nadu | Active | 01 Jul 2017 |
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 Mips Web Services 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 Mips Web Services Private Limited
Mips Web Services is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 12 September 2000 (26+ years old) and is registered under CIN U72200TZ2000PTC009481.
Mips Web Services reported revenue of ₹2.97 Cr for FY 2024 (down 49% YoY).
Mips Web Services has 2 current directors:
- Mohanasundari - Director
- Sankaralingam Kasi Viswanathan - Director
Mips Web Services reported a net loss of ₹36.17 Lakh (net margin -12.2%) and EBITDA of ₹14.56 Lakh (EBITDA margin 4.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mips Web Services is 39% over three years and -4% over five years. In the latest year (FY 2024) revenue fell 49%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mips Web Services is 33AADCM3693D1ZN, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Mips Web Services is U72200TZ2000PTC009481. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mips Web Services was incorporated on 12 September 2000, making it 26+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Mips Web Services by revenue are 5 Elements Entertainment Private Limited, PCWT Softwares Private Limited, Etherlog Solutions Private Limited, Globehost India Private Limited, Reymould Technology Solutions Private Limited and 5 more, all in the Information Technology industry (Website Design and Maintenance).
Mohanasundari was appointed as Director on 15 Mar 2006. Sankaralingam Kasi Viswanathan was appointed as Director on 15 Mar 2006.
The registered office of Mips Web Services is at 57 Mullai Nagarthird Street P N Pudur Post, Coimbatore, Tamil Nadu, India – 641041.