Miracle Software Systems (India) Private Limited - Company Profile

It is a information technology private limited company based in Andhra Pradesh, Andhra Pradesh, India, established in 1997.
1997 Andhra Pradesh, Andhra Pradesh, India Active
Last Updated:
Access Report
About Miracle Software Systems (India) Private Limited

Miracle Software Systems (India) Private Limited, a active private limited company, was established on 23 October 1997 in Andhra Pradesh, Andhra Pradesh, India. Engaging in software development & support services within the information and communication sector, it holds CIN: U72200AP1997PTC028231. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹1.00 Cr.

It upholds a compliant status. Employing 1,077 professional, Its leadership includes Venkatanagendra Lokam Madhavi (Managing Director), Lokam Venkata Bangaru Nagendra Sreedhar (Director), Venkatanagendravara Lokam Prasad (Whole-Time Director). It holds ₹51.98 Cr open charges and ₹5.50 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Mig-49,D.No.4-67-3/1,Lawson'Sbay Colony Visakhapatnam, Andhra Pradesh, Andhra Pradesh, Andhra Pradesh, 530017.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U72200AP1997PTC028231

  • Registration Number

    028231

  • Incorporation Date

    23 October 1997

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹1.00 Cr

  • ROC Code

    Roc Vijayawada

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 28 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 51.98 Cr
  • Satisfied Charges ₹ 5.50 Cr
  • Revenue Growth **** 20.76%
  • Profit Growth **** -0.28%
  • Ebitda **** -29.38%
  • Net Worth 11.61%
  • Total Assets -0.35%
Company report

Miracle Software Systems (India) Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

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

Access Report
Who are the key members and board of directors at Miracle Software Systems (India) Private Limited?
Current Directors
Name Designation Appointment Date Status
Venkatanagendra Lokam Madhavi Managing Director 23 Oct 1997 Current
Lokam Venkata Bangaru Nagendra Sreedhar Director 11 May 1998 Current
Venkatanagendravara Lokam Prasad Whole-Time Director 11 May 1998 Current
Naga Madhavi Lokam Whole-Time Director 11 May 1998 Current
Lokam Narasamamba Sritrinadha Bhavani Venkata Director 23 Oct 1997 Current

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Miracle Software Systems (India).

Miracle Software Systems (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.76% increase. The company also saw a slight decrease in profitability, with a 0.28% decrease in profit. The company's net worth Soared by an impressive increase of 11.61%.

Miracle Software Systems (India) revenue growth over time
Miracle Software Systems (India) 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
********
 20.76%
*******
*******
*******
*******
Revenue from Operations
*******
 20.72%
*******
*******
*******
*******
Total Assets
*******
 -0.35%
*******
*******
*******
*******
Profit or Loss
*******
 -0.28%
*******
*******
*******
*******
Net Worth
*******
 11.61%
*******
*******
*******
*******
EBITDA
*******
 -29.38%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Miracle Software Systems (India)?

In 2023, Miracle Software Systems (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹519,768,000.00

Satisfied Charges

₹55,000,000.00

Charges Breakdown by Lending Institutions
  • Others : 47.56 Cr
  • State Bank Of Hyderabad : 3.09 Cr
  • The Karur Vysya Bank : 0.39 Cr
  • The Karur Vysya Bank Limited : 0.33 Cr
  • Hdfc Bank Limited : 0.28 Cr
  • Others : 0.32 Cr
Latest Charge Details
Date Lender Amount Status
24 Jul 2024 Others ₹18.50 Cr Open
31 Jan 2024 Hdfc Bank Limited ₹2.75 M Open
07 Feb 2019 Others ₹0.63 M Open
27 Apr 2018 Others ₹16.00 Cr Open
11 Apr 2016 Others ₹2.00 Cr Open

Explore comprehensive loan charge details -

How Many Employees Work at Miracle Software Systems (India)?

Miracle Software Systems (India) has a workforce of 1077 employees as of Apr 05, 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 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

Gain comprehensive insights into the Deals and Valuation data of Miracle Software Systems (India), 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 Miracle Software Systems (India)'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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Miracle Software Systems (India)
Recent Activity within the Organization
  • Annual General Meeting

    Miracle Software Systems (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Charges

    Progress on A charge with Others amounted to Rs. 18.50 Cr with Charge ID 100955336 was registered on 24 Jul 2024. was documented.

  • Balance Sheet

    Progress on Miracle Software Systems (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada. was documented.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.28 Cr with Charge ID 100906729 was registered on 31 Jan 2024. was recorded as a recent event.

  • Charges

    A charge with Others amounted to Rs. 0.06 Cr with Charge ID 100241542 was registered on 07 Feb 2019. was recorded as a recent event.

  • Charges

    A charge with Others amounted to Rs. 16.00 Cr with Charge ID 100180679 was registered on 27 Apr 2018. was recorded as a recent event.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Miracle Software Systems (India) Private Limited?

The CIN of Miracle Software Systems (India) Private Limited is U72200AP1997PTC028231.

Where is Miracle Software Systems (India) Private Limited headquartered?

Miracle Software Systems (India) Private Limited is headquartered at Mig-49,D.No.4-67-3/1,Lawson'Sbay Colony Visakhapatnam, Andhra Pradesh, Andhra Pradesh, Andhra Pradesh, 530017.

When was Miracle Software Systems (India) Private Limited incorporated?

Miracle Software Systems (India) Private Limited was incorporated on 23 October 1997.

Who are the current directors of Miracle Software Systems (India) Private Limited?

The current directors of Miracle Software Systems (India) Private Limited are

What is the primary industry of Miracle Software Systems (India) Private Limited?

The primary industry of Miracle Software Systems (India) Private Limited is Information And Communication.

Is Miracle Software Systems (India) Private Limited a listed company?

Miracle Software Systems (India) Private Limited is unlisted.

What is the capital structure of Miracle Software Systems (India) Private Limited?

The authorized capital of Miracle Software Systems (India) Private Limited is ₹1.00 Cr, and the paid-up capital is ₹1.00 Cr.

What is the compliance status of Miracle Software Systems (India) Private Limited?

The compliance status of Miracle Software Systems (India) Private Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available