Mitgo IT Solutions Private Limited
About Mitgo IT Solutions Private Limited
Data last updated:
Mitgo IT Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 12 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2016PTC273065. Its GSTIN is 27AAKCM2145B1ZS (Maharashtra).
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Mithu Das Gupta and Gopa Pal.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Office No.421 Orchard Mall Royal Palms Aarey Colony Goregoan – East, Mumbai, Maharashtra, India – 400065.
As per the financials filed for FY 2020, the company reported a revenue of ₹6.59 Lakh, a decline of 47% compared to the previous year. For the same year it recorded a net loss of ₹13.35 Lakh (net margin -202.5%) and EBITDA of -₹13.02 Lakh (EBITDA margin -197.5%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressOffice No.421 Orchard Mall Royal Palms Aarey Colony Goregoan – East, Mumbai, Maharashtra, India – 400065
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
- 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 Mitgo IT Solutions Private Limited
The main business activity of Mitgo IT Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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 Mitgo IT Solutions Private Limited FY 2020 filings available
Mitgo IT Solutions Private Limited reported revenue of ₹6.59 Lakh (down 47% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Mitgo IT Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 8% over three years, including a 47% fall in the latest year. EBITDA rose 7% 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 Mitgo IT Solutions Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹6.59 Lakh | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹13.02 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹13.35 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 Mitgo IT Solutions Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -197.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -202.5% | •••• | •••• | •••• | •••• |
| 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 Mitgo IT Solutions are in the company report.
Financial statements from FY 2016
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 Mitgo IT Solutions Private Limited
Mitgo IT Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nextwave India Private Limited | ₹6.75 Lakh (FY 2025) | •••• | •••• | 16.0% | •••• | New Delhi, Delhi, India |
| Honsende Technology India Private Limited | ₹6.68 Lakh (FY 2020) | •••• | •••• | •••• | Noida, Uttar Pradesh, India | |
| Rotatum Mechatronics Private Limited | ₹6.67 Lakh (FY 2025) | •••• | •••• | •••• | Secunderabad, Telangana, India | |
| Thinkmetal Private Limited | ₹6.66 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Chennai, Tamil Nadu, India |
| Exabyte Software Private Limited | ₹6.63 Lakh (FY 2023) | •••• | •••• | -40.0% | •••• | Chennai, Tamil Nadu, India |
| Mitgo IT Solutions Private Limited this company | ₹6.59 Lakh (FY 2020) | •••• | •••• | -47.0% | •••• | Mumbai, Maharashtra, India |
| Singh Refrigeration Industries Private Ltd | ₹6.57 Lakh (FY 2024) | •••• | •••• | -5.0% | •••• | New Delhi, Delhi, India |
| Proembsys Technologies Private Limited | ₹6.56 Lakh (FY 2023) | •••• | •••• | -19.0% | •••• | Bangalore, Karnataka, India |
| M.S. Infoaccess Private Limited | ₹6.54 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Delhi, India |
| Sandur Micro Circuits Limited | ₹6.5 Lakh (FY 2025) | •••• | •••• | •••• | Sandur, Karnataka, India | |
| Centum Industries Private Limited | ₹6.49 Lakh (FY 2024) | •••• | •••• | 4.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Mitgo IT Solutions by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), 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 Mitgo IT Solutions Private Limited
Mitgo IT Solutions Private Limited is audited by R V JHA & COMPANY for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R V JHA & COMPANY | 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.
Board of Directors of Mitgo IT Solutions Private Limited
Mitgo IT Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mithu Das Gupta Also directs: Sourceify Global Private Limited | Director | 12 Feb 2016 | 10 Years 7 Months | Current |
| Gopa Pal | Director | 12 Feb 2016 | 10 Years 7 Months | Current |
Ownership and Shareholding of Mitgo IT Solutions 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 Mitgo IT Solutions Private Limited
Mitgo IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mitgo IT Solutions Private Limited
Mitgo IT Solutions Private Limited has a workforce of 0 employees as of Mar 19, 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 Mitgo IT Solutions Private Limited
Mitgo IT Solutions Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Gopa Pal was appointed as Director on 12 Feb 2016.
Credit Ratings, Litigation & Regulatory Alerts for Mitgo IT Solutions 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 Mitgo IT Solutions 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 Mitgo IT Solutions 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 Mitgo IT Solutions Private Limited
Mitgo IT Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCM2145B1ZS | Maharashtra | Active | 14 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 Mitgo IT Solutions 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 Mitgo IT Solutions Private Limited
Mitgo IT Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 12 February 2016 (10+ years old) and is registered under CIN U72200MH2016PTC273065.
Mitgo IT Solutions reported revenue of ₹6.59 Lakh for FY 2020 (down 47% YoY).
Mitgo IT Solutions has 2 current directors:
- Mithu Das Gupta - Director
- Gopa Pal - Director
Mitgo IT Solutions reported a net loss of ₹13.35 Lakh (net margin -202.5%) and EBITDA of -₹13.02 Lakh (EBITDA margin -197.5%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mitgo IT Solutions is -8% over three years. In the latest year (FY 2020) revenue fell 47%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mitgo IT Solutions is 27AAKCM2145B1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mitgo IT Solutions is U72200MH2016PTC273065. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mitgo IT Solutions was incorporated on 12 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mitgo IT Solutions by revenue are Nextwave India Private Limited, Honsende Technology India Private Limited, Rotatum Mechatronics Private Limited, Thinkmetal Private Limited, Exabyte Software Private Limited and 5 more, all in the Information Technology industry (Electronic Equipment and Components Manufacturing).
Gopa Pal was appointed as Director on 12 Feb 2016. Mithu Das Gupta was appointed as Director on 12 Feb 2016.
The registered office of Mitgo IT Solutions is at Office No.421 Orchard Mall Royal Palms Aarey Colony Goregoan – East, Mumbai, Maharashtra, India – 400065.