Mitlag Solutions Private Limited
About Mitlag Solutions Private Limited
Data last updated:
Mitlag Solutions Private Limited was a private limited company based in Nashik, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the data processing and IT services segment of the technology and IT services sector. It was incorporated on 03 April 2012.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2012PTC229183.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Gvo Techsolutions Private Limited. It was led by directors Ajay Gopalkrishnan Nair (Managing Director) and Vrishali Ajay Nair.
Its last annual general meeting (AGM) was held on 27 August 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at R.No. 1028 Maharashtra Hsg. Colony Satpur, Nashik, Maharashtra, India – 422012.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.98 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹47,482 (net margin 0.2%) and EBITDA of ₹7.8 Lakh (EBITDA margin 3.9%).
The company had about 6 employees on its provident fund (EPFO) records before it was struck off.
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- Registered AddressR.No. 1028 Maharashtra Hsg. Colony Satpur, Nashik, Maharashtra, India – 422012
- IndustryInformation Technology, Data Processing, Hosting and Related Activities
- 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 Mitlag Solutions Private Limited
The main business activity of Mitlag Solutions 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 Mitlag Solutions Private Limited FY 2016 filings available
Mitlag Solutions Private Limited reported revenue of ₹1.98 Cr (up 20% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR) of Mitlag Solutions Private Limited
Revenue rose 20% in the latest year. EBITDA fell 8% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Mitlag Solutions Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| 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 | ₹7.8 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹47,482 | •••• |
| 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 Mitlag Solutions Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 3.9% | •••• |
| Net Profit Margin | 0.2% | •••• |
| 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 Mitlag Solutions 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.
Peer Comparison of Mitlag Solutions Private Limited
Mitlag Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Data processing, hosting and related activities; web portal). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nextgen Technology Solutions Private Limited | ₹1.99 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Hyderabad, Telangana, India |
| Searchlight Health Private Limited | ₹1.99 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Bangalore, Karnataka, India |
| Creative Litmus Private Limited | ₹1.99 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Pune, Maharashtra, India |
| Rheocon Internet Private Limited | ₹1.99 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Palarivattom, Kerala, India |
| Aakruti Software Solutions Private Limited | ₹1.98 Cr (FY 2025) | •••• | •••• | -52.0% | •••• | Hyderabad, Telangana, India |
| Mitlag Solutions Private Limited this company | ₹1.98 Cr (FY 2016) | •••• | •••• | 20.0% | •••• | Nashik, Maharashtra, India |
| Mudrantar Solutions Private Limited | ₹1.98 Cr (FY 2024) | •••• | •••• | -7.0% | •••• | Kolkata, West Bengal, India |
| Vriddhi Software Solutions Private Limited | ₹1.96 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Mumbai, Maharashtra, India |
| Medxpert Solutions India Private Limited | ₹1.96 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Chennai, Tamil Nadu, India |
| Akss Consulting Services Private Limited | ₹1.95 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Greater Noida, Uttar Pradesh, India |
| Chorus Technologies Private Limited | ₹1.95 Cr (FY 2021) | •••• | •••• | -14.0% | •••• | Faridabad, Haryana, India |
Peers are the five companies nearest above and the five nearest below Mitlag Solutions by revenue in the same principal business activity (Data processing, hosting and related activities; web portal), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Mitlag Solutions Private Limited
Mitlag Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Gopalkrishnan Nair Also directs: Dvij Software Private Limited | Managing Director | 03 Apr 2012 | 14 Years 6 Months | As last reported |
| Vrishali Ajay Nair | Director | 03 Apr 2012 | 14 Years 6 Months | As last reported |
Charges & Borrowings of Mitlag Solutions Private Limited
Mitlag Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mitlag Solutions Private Limited
Employment history and EPFO contributions of people linked to Mitlag Solutions.
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 Mitlag Solutions Private Limited
Mitlag Solutions Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Ajay Gopalkrishnan Nair was appointed as Managing Director on 03 Apr 2012.
Credit Ratings, Litigation & Regulatory Alerts for Mitlag 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 Mitlag 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 Mitlag 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 Mitlag Solutions Private Limited
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 Mitlag 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 Mitlag Solutions Private Limited
Mitlag Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Mitlag Solutions was a private limited company based in Nashik, Maharashtra, India. The company worked in data processing, within the information technology industry. It was incorporated on 03 April 2012 and is registered under CIN U72200MH2012PTC229183. The company has been struck off by the Registrar of Companies and is no longer operational.
Mitlag Solutions had 2 directors:
- Ajay Gopalkrishnan Nair - Managing Director
- Vrishali Ajay Nair - Director
The CIN (Corporate Identification Number) of Mitlag Solutions is U72200MH2012PTC229183. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Mitlag Solutions is at R.No. 1028 Maharashtra Hsg. Colony Satpur, Nashik, Maharashtra, India – 422012.
Mitlag Solutions was incorporated on 03 April 2012. It is registered with the Registrar of Companies, Mumbai.
Mitlag Solutions reported revenue of ₹1.98 Cr for FY 2016 (up 20% YoY).
Mitlag Solutions has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Mitlag Solutions reported a net profit of ₹47,482 (net margin 0.2%) and EBITDA of ₹7.8 Lakh (EBITDA margin 3.9%) for FY 2016, as per its filed financial statements.
Mitlag Solutions operated in the information technology industry, in the data processing segment. It worked in this industry before it was struck off.
No. Mitlag Solutions is not listed on any stock exchange. It is an unlisted company.